Premier Energies

NSE: PREMIERENEBSE: 544238
Compare with peers
₹ 845.20▼ 16.8 (−1.95%)28 Oct, 03:28 pm IST
Market cap
₹ 40,039 Cr.
P/E
23.3x
P/B
9.08x
52-week range
660 – 1,134
ROE
42%
ROCE
33%
Dividend yield
0.1%
Debt / equity
0.86
Sector
Electrical Equipment
Industry
Other Electrical Equipment
Listed on
NSE, BSE

About

Premier Energies Limited is an India-based integrated solar cell and module manufacturing company. The Company's business operations include solar power generation and manufacturing of solar photo voltaic cells and solar products. The Company is also involved in the execution of engineering, procurement and construction (EPC) projects, independent power production, operations and maintenance (O&M) services with respect to EPC projects executed by the Company and the sale of other solar-related products. Its EPC division provides services for ground mounted and rooftop solar power projects and has executed over 266.26-megawatt (MW) ground mounted and 22.86 MW rooftop solar power projects. Its O&M division offers services for ground mounted and rooftop solar power projects and has executed over 178.38 MW of ground mounted and rooftop solar power projects. The Company offers solar products, such as solar water pumps, lanterns, lighting systems and solar electric vehicles.

Quick check

The five things to look at first. Open one for more.

Premier Energies against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)23.3 against a typical 25.2: cheaper than most peers (1st = cheapest).40th of 80
  • Sales growth+35.3% against a typical +32% from a year earlier.32nd of 69
  • Profit growth+53.2% against a typical +15.9% from a year earlier.25th of 64
  • Share price, 3 months−16.8% against a typical −9.9%.50th of 74
  • Size₹ 40,038.5 Cr. market value against a typical ₹ 553.8 Cr. (1st = largest).3rd of 77

Latest announcements

Exchange filings and their impact on the company.

  • 15 Oct 2026AgreementsMedium impactPositivePrice −1.5% on 16 Oct
    Premier formalises BESS JV with Germany's RCT for 12 GWh plant, 6 GWh Phase I by FY27-28 – no near-term sales, capex ahead.

    Premier Energies' wholly-owned subsidiary Premier Battery Technologies signed a Share Allotment cum Shareholders Agreement on Oct 15, 2026 with RCT Nexor Energy (RCT Group, Germany) and JV company Premier Energies Storage Solutions. The JV will build a 12 GWh battery energy storage systems factory at Seetharampur, Telangana, including a 6 GWh Phase I expected in FY27-28 for residential, commercial, industrial and utility uses. RCT will get 15% of the JV via milestone-linked allotments in four tranches plus an option for an extra 5% after Phase I. This gives Premier a technology partner for entry into storage; it means construction capex over the next year with revenue only after commissioning in FY27-28.

    Filing
  • 9 Oct 2026Press ReleaseHigh impactVery positivePrice +1.5% on 12 Oct
    Premier won Rs 4,001 crore of solar cell, module and EPC orders in Q2, backing its newly doubled capacity.

    Premier Energies secured new orders worth Rs 4,001 crore in July-September 2026 for 2,308 MW of solar cell and module supplies plus EPC execution from power producers, module makers and EPC firms. The company said module capacity has nearly doubled to 11.1 GW and cell capacity rose to 10.6 GW after commissioning a 7 GW TOPCon plant at Naidupeta last month. The strong inflow validates demand for its expanded integrated capacity and supports revenue and earnings growth over the next year.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Adequate safety

Rated A+ by 2 agencies
A+
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
CRISILCrisil A+Positive17 Aug 2026
CARECARE A+ / CARE A1+Stable4 Dec 2025
Credit rating actions
RatingDetails
17 Aug 2026
▲ Upgrade
Crisil A+—CRISIL₹ 295 Cr.
4 Dec 2025
New rating
CARE A+ / CARE A1+—CARE₹ 120 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
4 Nov 2026UpcomingFinancial Results/DividendTo consider and approve the financial results for the period ended September 30, 2026 and dividend
6 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
15 May 2026Fund RaisingIn continuation to our earlier intimation dated May 07, 2026, the Board of Directors shall also consider and approve the proposal of raising of funds.
4 May 2026DividendTo consider and declare the 2nd Interim dividend for the FY 2025-26.
22 Jan 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
28 Oct 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
26 Jul 2025Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2025, dividend and other business matters

Share price

1Y change −23.16%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6947121,1271,6571,5271,7131,6211,8211,8371,9362,2302,463
Expenses5955899421,2991,1471,2001,0921,2721,2761,3431,5551,748
Operating Profit99123184358381514528548561593675714
OPM %14%17%16%22%25%30%33%30%31%31%30%29%
Other Income8212122636594984304446
Interest213745454247433732474144
Depreciation1628377990152177158146707996
Profit before tax7161115246275351368403467505598620
Tax %25%29%9%19%25%27%25%24%24%22%24%24%
Net Profit5343104198206255278308353392457472
EPS in Rs2.011.643.955.934.575.666.166.837.88.6510.0810.2

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
62%
3 Years
76%
TTM
27%
Compounded Profit Growth
10 Years
—
5 Years
133%
3 Years
370%
TTM
59%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
40%
3 Years
46%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
58.48%
−5.77 pts in a year
FIIs
7.92%
+3.54 pts in a year
DIIs
17.97%
+5.01 pts in a year
Public
15.07%
−2.63 pts in a year
Others
0.55%
−0.15 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 23.3xEPS (12 months) ₹ 36.73Median P/E 43.5x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Premier Energies₹ 845.20₹ 40,039 Cr.23.3x9.1x42%—
Emmvee Photovoltaic Power₹ 237.80₹ 16,430 Cr.20.1x6.5x—22.8%
RRP Semiconductor₹ 8,044.35₹ 10,960 Cr.—1,378.8x−59.8%—
Vikram Solar₹ 127.85₹ 4,633 Cr.14.1x2.2x—9.8%
Saatvik Green Energy₹ 350.00₹ 4,469 Cr.15.5x4.4x42.5%7.9%
Moschip Technologies₹ 164.80₹ 3,215 Cr.118x11.4x9.6%6%

Management

Surender Pal Singh Saluja
Executive Chairman of the Board, Whole Time Director
Nand Kishore Khandelwal
Group Chief Financial Officer
Niyathi Naidu Madasu
Chief Human Resources Officer
Hitesh Kumar Jain
Compliance Officer, Company Secretary
Chiranjeev Singh Saluja
Managing Director, Executive Director
Revathi Rohini Buragadda
Whole-Time Director
Sudhir Moola
Whole-Time Director
Vinay Rustagi
Chief Business Officer

Prices are delayed and for information only. Nothing on this page is investment advice.