Premier Energies Limited has informed the Exchange about Transcript
PREMIERENE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Premier Energies reported its best-ever quarter with revenue of INR 18,695 million, up 12% YoY, EBITDA of INR 5,971 million (up 61% YoY), and PAT of INR 3,078 million (up 55% YoY), achieving a 16.5% PAT margin despite planned cell line maintenance. The company successfully commissioned its 1.4 GW module line in May and its 1.2 GW TOPCon cell line, with cell stabilization expected by end-August/early-September. Order book stands at INR 86,027 million (5,545 MW) with 100% domestic exposure, and management highlighted a significantly larger pipeline for FY27. Management reiterated its 'Mission 2028' roadmap targeting 10 GW integrated module manufacturing, 12 GW BESS, and 3 GW inverter capacity by FY28, with BESS and inverter lines accelerated to contribute from FY27. U.S. cell plant plans remain on hold pending tariff clarity; less than 1% of order book is U.S.-linked. Pricing remains stable, with DCR cell prices at $0.14–0.16 and non-DCR prices rising on the back of higher Chinese polysilicon and ingot prices.
Strong quarterly print reinforces growth visibility, but management cautioned that PAT margins will see minor downward pressure in coming quarters as new debt is drawn and depreciation steps up with capacity expansion. EBITDA margins are expected to remain stable and attractive. Stock likely to react positively given the order book strength, Mission 2028 visibility, and clearer cell line ramp timeline, though investors should factor in softer near-term PAT margins.