Premier Energies Ltd
PREMIERENE NSE
Premier Energies Ltd
Capital Goods F&ONSE: PREMIERENE BSE: 544238 Other Electrical Equipment
Key Fundamentals
MidcapOther Electrical EquipmentCapital GoodsMarket Cap
₹46,387 Cr
Volatility
Moderate
P/E Ratio
27.63
EBITDA
₹2,377 Cr
Return on Equity
33.21%
Debt to Equity
0.86
Book Value
₹94.9
52W High
₹1,134
52W Low
₹660
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Premier Energies Ltd insights
45 extracted metrics + investor summaries across FY20–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company is expected to give good quarter
- Company has delivered good profit growth of 133% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 45.8%
Weaknesses
3- Stock is trading at 10.7 times its book value
- Promoter holding has decreased over last quarter: -5.46%
- Company might be capitalizing the interest cost
Growth Rate
Revenue Growth
17.62% ↗
Net Income Growth
58.22% ↗
Cash Flow Change
1395.34% ↗
ROE
-5.28% ↘
ROCE
41.93% ↗
EBITDA Margin (Avg.)
2.85% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 5d agoAI opinion · based on fundamentals
Risk medium
Premier Energies Ltd is a fast-growing solar cell and module manufacturer with a market cap of ~₹46,726 Cr, trading at a P/E of 28.5x and P/B of 11.06x. The company has delivered 133% CAGR profit growth over five years and 76% three-year sales CAGR, while aggressively expanding capacity from 3.6 GW to 10.6 GW in cells and 5.5 GW to 11.1 GW in modules, backed by an order book of ~₹15,000 Cr.
Bull Case 8
- Compounded profit growth of 133% CAGR over the last 5 years demonstrates strong earnings trajectory
- 3-year sales CAGR of 76% indicates rapid revenue scale-up in the solar manufacturing space
- Order book of ~₹15,000 Cr (as of Q1 FY27) provides multi-quarter revenue visibility with most orders executed within 12-15 months
- Solar cell capacity expanding from 3.6 GW to 10.6 GW by September 2026, nearly tripling output potential
- Module manufacturing capacity doubled to 11.1 GW with the commissioning of a new 5.6 GW facility in Telangana
- 3-year average ROE of ~46% reflects highly efficient capital deployment relative to peers in capital goods
- TTM revenue growth of 27% alongside TTM profit growth of 59% shows continued operating leverage and margin expansion
- India's solar capacity addition targets and domestic content requirements (DCR) provide structural policy tailwinds for domestic manufacturers
Bear Case 8
- Stock trades at 11.06x book value, significantly above capital goods sector averages, leaving limited margin of safety
- Promoter holding declined by 5.46% in the last quarter (from 63.94% to 58.65%) through block deals, signaling potential supply overhang
- ₹11,000 Cr capex plan for capacity expansion introduces execution risk and could strain balance sheet with debt-to-equity at ~0.47-0.69x
- Company may be capitalizing interest costs, which could overstate reported profitability and asset quality
- Solar cell and module manufacturing is a commoditized, price-sensitive business with thin margins vulnerable to global oversupply from Chinese manufacturers
- 1-year stock CAGR of only 3% despite strong earnings growth suggests the market has already priced in much of the growth story
- Dividend yield of just 0.1% offers negligible income return, making returns entirely dependent on capital appreciation
- Aggressive capacity tripling assumes sustained domestic demand; any slowdown in government solar tenders or policy changes could lead to underutilization
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 20h ago Positives 4
- Q1 profit up 53% YoY Aug 6
Consolidated net profit rose 53% YoY to ₹471.9 crore in Q1FY27. Revenue surged 35% to ₹2,462 crore driven by solar products and new transformer segment.
- Margin guidance steady at 29-30% Aug 7
Management reiterated expectation to maintain margins between 29% and 30%, signaling confidence in consistent profitability despite capacity expansion.
- New 7GW cell facility at 70% target Aug 7
Co-Managing Director outlined 70% utilisation target for the new 7GW solar cell facility, citing new facility launches as primary driver for top industry margins.
- U.S. cell manufacturing expansion Aug 7
Premier Energies announced plans for a U.S. cell manufacturing facility with production expected within 24-30 months, expanding international manufacturing presence.
Neutral 2
- Investor meets in Singapore, Mumbai Aug 7
Management will attend investor conferences in Singapore and Mumbai from August 12-18, 2026, hosted by Nuvama, Avendus, and Motilal Oswal.
- Q1 FY27 earnings call held Aug 3
Earnings call was scheduled for August 7, 2026 to discuss Q1 FY27 results, coordinated by ICICI Securities with top management participation.
TL;DR: Premier Energies delivered a strong Q1FY27 with 53% profit growth and 35% revenue growth, backed by stable 29-30% margin guidance. The company is aggressively expanding with a new 7GW domestic cell facility targeting 70% utilisation and a U.S. manufacturing plant within 24-30 months. No material headwinds are visible in current news flow. The trend is firmly positive with earnings momentum and international expansion providing multiple growth levers.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 611 | 694 | 712 | 1,127 | 1,657 | 1,527 | 1,713 | 1,621 | 1,821 | 1,837 | 1,936 | 2,230 | 2,463 |
| Expenses | 540 | 595 | 589 | 942 | 1,299 | 1,147 | 1,200 | 1,092 | 1,272 | 1,276 | 1,343 | 1,555 | 1,748 |
| Operating Profit | 71 | 99 | 123 | 184 | 358 | 381 | 514 | 528 | 548 | 561 | 593 | 675 | 714 |
| OPM % | 12% | 14% | 17% | 16% | 22% | 25% | 30% | 33% | 30% | 31% | 31% | 30% | 29% |
| Other Income | 6 | 8 | 2 | 12 | 12 | 26 | 36 | 59 | 49 | 84 | 30 | 44 | 46 |
| Interest | 18 | 21 | 37 | 45 | 45 | 42 | 47 | 43 | 37 | 32 | 47 | 41 | 44 |
| Depreciation | 15 | 16 | 28 | 37 | 79 | 90 | 152 | 177 | 158 | 146 | 70 | 79 | 96 |
| PBT | 44 | 71 | 61 | 115 | 246 | 275 | 351 | 368 | 403 | 467 | 505 | 598 | 620 |
| Tax % | 28% | 25% | 29% | 9% | 19% | 25% | 27% | 25% | 24% | 24% | 22% | 24% | 24% |
| Net Profit | 31 | 53 | 43 | 104 | 198 | 206 | 255 | 278 | 308 | 353 | 392 | 457 | 472 |
| EPS in Rs | 1.19 | 2.01 | 1.64 | 3.95 | 5.93 | 4.57 | 5.66 | 6.16 | 6.83 | 7.8 | 8.65 | 10.08 | 10.2 |
Profit & Loss
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 947 | 701 | 743 | 1,429 | 3,144 | 6,519 | 7,824 | 8,466 |
| Expenses | 853 | 648 | 713 | 1,350 | 2,666 | 4,738 | 5,447 | 5,923 |
| Operating Profit | 94 | 54 | 30 | 78 | 478 | 1,781 | 2,377 | 2,543 |
| OPM % | 10% | 8% | 4% | 5% | 15% | 27% | 30% | 30% |
| Other Income | 19 | 35 | 25 | 36 | 29 | 134 | 207 | 203 |
| Interest | 35 | 22 | 43 | 69 | 121 | 177 | 158 | 165 |
| Depreciation | 17 | 12 | 28 | 53 | 96 | 498 | 452 | 391 |
| PBT | 61 | 56 | -16 | -8 | 289 | 1,240 | 1,973 | 2,191 |
| Tax % | 26% | 54% | -8% | 72% | 20% | 24% | 23% | — |
| Net Profit | 45 | 26 | -14 | -13 | 231 | 937 | 1,510 | 1,674 |
| EPS in Rs | 1.5 | 0.94 | -0.55 | -0.49 | 8.78 | 20.79 | 33.33 | 36.73 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 2% | 1% | — |
Balance Sheet
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 25 | 25 | 26 | 26 | 26 | 45 | 45 |
| Reserves | 206 | 197 | 368 | 385 | 620 | 2,777 | 4,262 |
| Borrowings | 256 | 347 | 455 | 765 | 1,402 | 1,954 | 3,707 |
| Other Liabilities | 342 | 406 | 491 | 934 | 1,489 | 2,065 | 2,830 |
| Total Liabilities | 828 | 975 | 1,340 | 2,110 | 3,537 | 6,841 | 10,845 |
| Fixed Assets | 263 | 425 | 479 | 592 | 1,203 | 978 | 1,747 |
| CWIP | 21 | 0 | 114 | 349 | 20 | 242 | 2,144 |
| Investments | 6 | 9 | 55 | 59 | 9 | 845 | 670 |
| Other Assets | 538 | 541 | 693 | 1,110 | 2,305 | 4,775 | 6,285 |
| Total Assets | 828 | 975 | 1,340 | 2,110 | 3,537 | 6,841 | 10,845 |
Cash Flow
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Operating | -66 | 237 | 5 | 37 | 90 | 1,348 | 1,261 |
| Investing | -56 | -353 | -218 | -304 | -447 | -2,410 | -2,156 |
| Financing | 134 | 109 | 279 | 252 | 549 | 1,608 | 1,559 |
| Net Cash Flow | 13 | -7 | 66 | -16 | 192 | 546 | 664 |
| Free Cash Flow | -90 | -83 | -178 | -237 | -359 | 728 | -1,736 |
| CFO/OP | -50 | 467 | 57 | 60 | 24 | 98 | 70 |
Ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 74 | 84 | 71 | 15 | 71 | 45 | 46 |
| Inventory Days | 56 | 44 | 135 | 197 | 157 | 121 | 159 |
| Days Payable | 76 | 114 | 168 | 124 | 152 | 88 | 90 |
| Cash Conversion Cycle | 55 | 14 | 38 | 88 | 76 | 78 | 115 |
| Working Capital Days | 52 | -24 | -28 | -58 | -12 | -22 | 27 |
| ROCE % | — | 13% | 4% | 6% | 25% | 41% | 33% |
Documents
1
Announcement under Regulation 30 (LODR)-Acquisition
4 May - Subsidiary to acquire minimum 26% stake in Hexa Energy BH Five for INR 68.70 crore on May 4, 2026. 4 May - Subsidiary to acquire minimum 26% stake in Hexa Energy BH Five for INR 68.70 crore on May 4, 2026.
2
Announcement under Regulation 30 (LODR)-Updates on Acquisition
8h - Premier Energies and Syrma SGS will not proceed with acquiring 51% of K-Solare Energy. 8h - Premier Energies and Syrma SGS will not proceed with acquiring 51% of K-Solare Energy.
3
Update on board meeting
8 May - Board meets May 15, 2026 to consider fundraising via equity or other securities. 8 May - Board meets May 15, 2026 to consider fundraising via equity or other securities.
4
Board Meeting Intimation for Consider And Approve The Standalone And Consolidated Audited Financial Results Of The Company For The Quarter And Year Ended March 31, 2026.
7 May - Board meeting on May 15, 2026 to approve audited Q4 and FY26 financial results; trading window closed. 7 May - Board meeting on May 15, 2026 to approve audited Q4 and FY26 financial results; trading window closed.
5
Communication To Shareholders - Intimation Of Tax Deduction At Source (TDS)
6 May - Board approved second interim dividend of ₹0.75 per share; record date May 9, 2026. 6 May - Board approved second interim dividend of ₹0.75 per share; record date May 9, 2026.
Frequently Asked Questions about Premier Energies Ltd
What does Premier Energies Ltd do?
Incorporated in April 1995, Premier Energies Limited specializes in manufacturing integrated solar cells and solar panels. Its product portfolio includes solar cells, solar modules, monofacial and bifacial modules, as well as EPC and O&M solutions.[1]
Where is Premier Energies Ltd (PREMIERENE) listed?
Premier Energies Ltd is listed on the Indian stock exchanges. It is listed on NSE: PREMIERENE and BSE: 544238. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Premier Energies Ltd belong to?
Premier Energies Ltd operates in the Capital Goods sector within the Other Electrical Equipment industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Premier Energies Ltd?
Premier Energies Ltd has a market capitalisation of approximately ₹46386.62 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Premier Energies Ltd?
The Price-to-Earnings (PE) ratio of Premier Energies Ltd is 27.63. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Premier Energies Ltd?
Over the past 52 weeks, Premier Energies Ltd has traded between a low of ₹660 and a high of ₹1,134. This range helps investors understand the stock's price volatility and recent trading levels.
Does Premier Energies Ltd pay dividends?
Yes, Premier Energies Ltd has a dividend yield of 0.10%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Premier Energies Ltd?
Premier Energies Ltd has a Return on Equity (ROE) of 33.21%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Premier Energies Ltd on Tapetide?
On Tapetide, you can view Premier Energies Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in April 1995, Premier Energies Limited specializes in manufacturing integrated solar cells and solar panels. Its product portfolio includes solar cells, solar modules, monofacial and bifacial modules, as well as EPC and O&M solutions.[1]