Premier Explosives

Established in 1980 by Dr. A.N. Gupta, Premier Explosives Limited (PEL) has evolved into a formidable Rs. 2600 million enterprise, spearheading the industry with its pioneering spirit. The company's vision is to become a global leader in its segment through persistent research and the development of knowledge-based products for civil and defence applications. A core principle is its unwavering commitment to indigenisation, which has propelled it to the forefront of manufacturing explosives and defence products using indigenous technology. PEL manufactures a diverse range of explosives for mining and infrastructure, while also serving as a key player in India's defence and space programs. The company is India's only private entity entrusted with supplying solid propellants for prestigious missile programs such as Akash, Astra, and LRSAM. In FY24, the company achieved remarkable growth with revenues of ₹2717 million and secured a robust order book valued at ₹9647 million.;