Premier Energies Ltd
NSE: PREMIERENE BSE: 544238Energy
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]
₹980
52W: ₹660 — ₹1164
PE 311 · Book ₹42.7 · +2195% vs bookMarket Cap₹44,496 Cr
Stock P/E311Price to Earnings
ROCE10.1%Return on Capital
ROE7.63%Return on Equity
Div. Yield0.1%Face Value ₹1
Strengths
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 28.8% CAGR over last 5 years
Weaknesses
- −Stock is trading at 23.2 times its book value
- −The company has delivered a poor sales growth of 3.01% over past five years.
- −Company has a low return on equity of 7.43% over last 3 years.
- −Earnings include an other income of Rs.60.1 Cr.
- −Debtor days have increased from 59.6 to 78.9 days.
Shareholding Pattern
Promoters63.94%
FIIs5.72%
DIIs13.69%
Public16.28%
| Category | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Promoters | 64.25% | 64.25% | 64.25% | 64.25% | 63.94%▼0.3 | 63.94% | 63.94% |
| FIIs | 3.08% | 2.31%▼0.8 | 2.95%▲0.6 | 4.38%▲1.4 | 4.23%▼0.1 | 4.48%▲0.3 | 5.72%▲1.2 |
| DIIs | 6.71% | 7.95%▲1.2 | 8.66%▲0.7 | 12.96%▲4.3 | 13.26%▲0.3 | 12.72%▼0.5 | 13.69%▲1.0 |
| Public | 25.07% | 24.62%▼0.4 | 23.42%▼1.2 | 17.7%▼5.7 | 17.72%▲0.0 | 18.08%▲0.4 | 16.28%▼1.8 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 226 | 256 | 339 | 216 | 295 | 139 | 187 | 193 | 139 | 275 |
| Expenses | 226 | 250 | 342 | 198 | 264 | 112 | 162 | 159 | 108 | 195 |
| Operating Profit | 0 | 6 | -3 | 18 | 30 | 27 | 25 | 34 | 31 | 81 |
| OPM % | 0% | 3% | -1% | 8% | 10% | 19% | 13% | 18% | 22% | 29% |
| Net Profit | 2 | 4 | -6 | 16 | 36 | 63 | 23 | 55 | 13 | 52 |
| EPS ₹ | 0.06 | 0.13 | -0.17 | 0.35 | 0.8 | 1.39 | 0.52 | 1.22 | 0.28 | 1.15 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹794Cr, down 19.7% YoY. OPM at 22%.
Debt Position
Borrowings at ₹608Cr. Debt-to-equity ratio: 0.32x. Healthy balance sheet.
Institutional Flow
DIIs: 13.69% (+6.98pp change). FIIs: 5.72% (+2.64pp change). Promoters hold 63.94%.
Margin & Efficiency
ROCE improving from 0% (Mar 2020) to 10% (Mar 2026). Working capital days: 31.
Valuation
PE 311x with 10.1% ROCE. Price is 2195% above book value of ₹42.7. Dividend yield: 0.1%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13h
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 1d - Audio recording of 15 May 2026 analyst call on audited FY26 results available on website.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 2d - Crisil monitoring report for quarter ended March 31, 2026; Rs 12,896.78 million utilized, Rs 17.22 million unutilized.
- Announcement under Regulation 30 (LODR)-Change in Management 2d - Board approved FY26 audited results, up to ₹5,000 crore fundraising, and new Company Secretary.
- Announcement under Regulation 30 (LODR)-Raising of Funds 2d - Board approved FY26 audited results, proposed ₹5,000 crore fund raise, and CS resignation/appointment effective 16 May 2026.
- Financial Year 2025 from bse
- Rating update 4 Dec 2025 from care
- Rating update 23 Jun 2025 from crisil