Petards (LON:PEG) shares climb after £1.4m of orders increase 2026 revenue cover

Petards (LON:PEG) shares climb after £1.4m of orders increase 2026 revenue cover

July 7, 2026

London, July 7, 2026, 15:04 BST

  • Petards changed hands at 10.00p on the sell side and 10.50p on the buy, marking an 8.16% gain, according to delayed data as of 13:03 BST.
  • Petards Group said on July 7 it won orders worth over £1.4 million combined for rail, defence and ANPR systems.
  • The fresh contracts are worth about 23% of Petards’ £6.07 million market cap and about 15% of its £9.2 million order book as of Dec. 31.
  • Petards has landed a £0.4 mln police order, its first under the four-year ANPR framework it announced in May. Back then, Petards said the tender for the lot was valued at £650,000 and that might be the minimum.

Petards Group plc (LON:PEG) traded higher Tuesday after the AIM-listed security and surveillance tech firm reported over £1.4 mln in new orders. The amount compares with the company’s current market cap.

Fidelity’s data showed Petards with a sell quote at 10.00p and buy at 10.50p, up 8.16%, as of 13:03 BST. The FTSE AIM All-Share dropped 0.60% at 14:30 BST, which put Petards close to nine percentage points ahead of the small-cap index for the day.

Market moveLatest sourced levelTime
Petards quoted at 10.00p to sell, up 8.16%10.00p, +8.16%13:03 BST
Petards quoted at 10.50p to buy10.50p13:03 BST
FTSE AIM All-Share last at 774.06, off 0.60%774.06, -0.60%14:30 BST

The number is important since Petards is a small company. AJ Bell put its market cap at £6.07 mln. That makes Tuesday’s £1.4 mln contract about 23% of Petards’ value. Compared to 2025 revenue of £14.9 mln, the deal is about 9%.

July 7 ordersMinimum valueDelivery marker
PJL rail eyeTrain systems>£0.5 mlnFirst units come late 2026; final delivery aimed for 2027
PJL defence safety equipment£0.4 mlnSet for 2026 delivery
QRO ANPR equipment and support£0.5 mlnArrival planned in this financial year
Total>£1.4 mlnRevenue will hit both this year and next

Petards said its Petards Joyce-Loebl unit picked up rail and defence orders worth over £0.9 mln. Chairman Raschid Abdullah said these new contracts will “add to Petards order book” and pointed to “improvement in trading” at Petards Rail in 2025. Petards Group

QRO Solutions picked up £0.5 million in ANPR orders, according to a second release. Abdullah said both “existing and new customers” showed confidence with the awards. The bigger portion, a £0.4 million order, is from a police force in northern England already on QRO’s books. The other £0.1 million comes from an overseas customer involved in Gibraltar border security. Petards Group

QRO’s order makes the numbers on the May 20 Northumbria Police contract clearer for investors. Petards had put the ANPR lot’s tender value at about £650,000. But QRO thought that was the minimum. The first call-off, at £0.4 mln, comes to roughly 62% of that.

Base measureAmountJuly 7 order floor as share
Market value£6.07 mln>23%
2025 revenue£14.9 mln>9%
Order book at Dec. 31, 2025£9.2 mln>15%
Of the Dec. 31 order book, amount set for 2026 delivery£7.7 mln>18%

Petards reported 2025 revenue up 24% at £14.9 million and adjusted EBITDA at £1.0 million. The company posted an operating loss of £435,000 and net debt before lease liabilities at £1.34 million. Its order book finished the year at £9.2 million, up from £7.1 million.

Google Finance logged 78,420 shares changing hands, more than double the average 37,240. The 52-week range ran from 7.00p to 12.50p. Shares at 10.00p sat 20% under their high.

Konrad Wysocki

Konrad Wysocki is a senior markets reporter at Bez-kabli.pl, specializing in technology stocks, artificial intelligence and global financial markets. A graduate of the University of Rzeszów, he previously worked in investment research and market analysis. His coverage helps readers understand the key trends, companies and innovations influencing investors worldwide.

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