544238
Premier Energies Ltd
BSELast Traded Price
₹900.00
-8.00 (-0.88%)
Open
₹899.10
High
₹912.00
Low
₹887.60
Prev Close
₹908.00
Industry
Capital Goods
Market Cap
40,855.64 Cr
Filing History
Recent corporate announcements and filings for 544238
Business Update
Positive
2026-10-09 19:25
Order Win: Premier Energies Ltd won orders worth ₹4,001 Cr in Q2 FY 2027
Order Value: ₹4,001 Crore
Completion Timeline: Not specified
Details: Includes 2,308 MW of solar cell and module supplies as well as EPC project execution from major power producers, module manufacturers, and EPC companies.
Routine
Neutral
2026-09-28 18:16
- Trading window closed from Thursday, October 01, 2026.
- Applies to all Designated Persons and their immediate relatives.
- Reopens 48 hours after declaration of financial results for the quarter ending September 30, 2026.
Business Update
Positive
2026-09-23 18:10
- Premier Energies Limited incorporated a wholly-owned subsidiary, 'PE Horizon Pte. Ltd.', in Singapore on September 23, 2026.
- The subsidiary will focus on wholesale trade, management consultancy, and related activities in the clean energy industry.
Governance
Positive
2026-09-22 19:41
- The 31st Annual General Meeting (AGM) of Premier Energies Limited was held on September 21, 2026.
- All 8 resolutions proposed at the AGM were passed by the shareholders.
- Key resolutions passed include the adoption of FY26 financial statements, declaration of a total dividend of ₹1.00 per equity share, re-appointment of directors and auditors, and approval for raising capital up to ₹5,000 Crores.
Governance
Positive
2026-09-21 15:50
- Premier Energies held its 31st AGM on September 21, 2026.
- Shareholders approved FY2026 financials, confirmed ₹1.00/share dividend, and re-appointed directors/auditors.
- Approval granted to raise capital up to ₹5,000 Crores.
- Management noted strong FY2026 performance and solar value chain expansion.
Business Update
Positive
2026-09-21 08:16
- Premier Energies commissioned India's largest solar cell manufacturing facility (7 GW N-type TOPCon G12R) at Naidupeta, Andhra Pradesh.
- This expands the company's total solar cell capacity to 10.6 GW, making it India's largest cell manufacturer.
- The facility was developed at a capital expenditure of ₹3,293 crore.
- It is designed to produce approximately 88,000 solar cells per hour with a target efficiency of 25.8%.
Business Update
Neutral
2026-09-17 20:22
- Premier Energies Limited's step-down wholly owned subsidiary, IBD Solar Powertech (Pvt.) Ltd. (IBD), received its winding-up certificate on September 16, 2026, effective from September 13, 2026.
- IBD, incorporated in Bangladesh for solar power, had no revenue or commercial operations and a negative net worth of ₹2.09 lakh as of March 31, 2026. The winding-up was voluntary.
Business Update
Positive
2026-09-10 19:51
- Premier Energies Limited and RCT India (part of RCT Germany) formed a Joint Venture to establish a 12 GWh Battery Energy Storage System (BESS) manufacturing facility in Telangana.
- This expands Premier Energies' clean-energy portfolio beyond solar manufacturing, targeting India and global markets, with an initial phase of 6 GWh.
Business Update
Positive
2026-09-10 19:47
- Premier Energies subsidiary formed JV with RCT Energy India for BESS manufacturing.
- A 12 GWh facility (6 GWh phase 1) will be set up in Telangana by FY 27-28.
- Equity: Premier subsidiary 85%, RCT India 15% (RCT option to 20%).
Business Update
Neutral
2026-09-09 17:23
- Concall Schedule
- Concall Date: September 16, 2026
- Event Details: Virtual Seminar organized by Morgan Stanley as part of its Virtual India Industrials & Energy Seminar
Business Update
Neutral
2026-09-05 12:23
- Concall Schedule
- Premier Energies Limited will attend institutional investor/analyst conferences.
- First meet: UBS Conference on September 10, 2026, in Mumbai (Group/One on One).
- Second meet: JEFFERIES Conference on September 17, 2026, in Delhi (Group/One on One).
Business Update
Neutral
2026-09-05 12:17
- Investor/Analyst Meet Schedule
- September 10, 2026: UBS Conference (Group/One on One) in Mumbai
- September 17, 2026: JEFFERIES Conference (Group/One on One) in Delhi
Business Update
Positive
2026-09-01 18:42
- Board approved incorporating a Singapore subsidiary, 'PE Horizon Pte. Ltd.', for clean energy, with an initial SGD 10,000 Overseas Direct Investment.
- Approved intra-group reorganization to consolidate battery & energy storage businesses under PBTPL via share swap, maintaining ultimate beneficial ownership.
Business Update
Positive
2026-09-01 18:42
- Board approved incorporating a Singapore subsidiary, 'PE Horizon Pte. Ltd.', for clean energy business (initial investment SGD 10,000).
- Also approved intra-group reorganization to consolidate battery and energy storage businesses under PBTPL via a share swap, simplifying the corporate structure.
Business Update
Neutral
2026-08-29 23:23
- Premier Energies Limited submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. It includes an Independent Practitioner's Assurance Report by Deloitte Haskins & Sells LLP, in compliance with SEBI Regulations.
Business Update
Positive
2026-08-18 10:20
- CRISIL upgraded Premier Energies' long-term credit rating to 'A+/Positive'.
- Q1 FY27 saw strong performance: Revenue ▲34.1% YoY, EBITDA ▲27.2% YoY, PAT ▲53.3% YoY.
- Company secured ₹3,011 Cr orders and inaugurated a 5.6 GW module manufacturing facility.
Business Update
Positive
2026-08-17 22:31
- Premier Energies Limited and its subsidiaries received an upgrade in their Long Term Credit Rating to Crisil A+/Positive from Crisil A/Positive from Crisil Ratings Limited on August 17, 2026. Short Term Ratings were reaffirmed at Crisil A1.
Business Update
Positive
2026-08-13 16:27
- Q1 FY27 saw strong financial performance with revenue at INR2,508Cr (▲34% YoY), EBITDA at INR759Cr (▲27% YoY), and PAT at INR472Cr (▲53% YoY).
- Margins remained largely steady at 30.3% EBITDA and 18.8% PAT.
- New order wins totaled INR3,011Cr for cells and modules, bringing the total order book to INR15,000Cr, including transformers.
- The 5.6 GW solar module plant is operational, and the 7 GW TOPCon cell line is in advanced commissioning stages with trial runs expected this month.
- Management expects to maintain healthy EBITDA margins (29-30%) in the future, driven by new cell lines, backward integration, and scale.
- The transformer business is projected to treble in size over the next three years, with margins expected to be above 15% EBITDA.
- INR1,500Cr capex was incurred in Q1, primarily for solar projects (INR1,250Cr).
- A 12 GW (Phase 1: 6 GW) BESS manufacturing facility is under construction, with a technology partner to be finalized soon.
- Outlook for solar demand remains strong, with 23-24 GW expected in the next 9 months, and market consolidation favoring large, integrated players.
- Exploring export opportunities in Europe and setting up a cell manufacturing JV in the US (24-30 months for output).
Business Update
Neutral
2026-08-07 16:46
- Audio recording of the Earnings Call on Financial Results for the quarter ended June 30, 2026 (Q1 FY27) is available.
- The recording can be accessed at: https://www.premierenergies.com/downloads/178609650710046141.mp3
Business Update
Neutral
2026-08-07 16:22
- Intimation of Institutional Investors/Analysts meet
- Management will attend Nuvama India Conference 2026 on August 12, 2026, in Singapore.
- Management will attend Avendus Spark INDX- Asia Edition 2026 on August 13, 2026, in Singapore.
- Management will attend Motilal Oswal 22nd Annual Global Investor Conference on August 18, 2026, in Mumbai.
Business Update
Neutral
2026-08-07 16:19
- Premier Energies Limited management to attend investor conferences/meets:
- August 12, 2026: Nuvama India Conference 2026, Singapore
- August 13, 2026: Avendus Spark INDX- Asia Edition 2026, Singapore
- August 18, 2026: Motilal Oswal 22nd Annual Global Investor Conference, Mumbai
Business Update
Neutral
2026-08-07 16:15
- Premier Energies Limited management to attend institutional investor/analyst meets.
- August 12, 2026: Nuvama India Conference 2026 (Singapore)
- August 13, 2026: Avendus Spark INDX- Asia Edition 2026 (Singapore)
- August 18, 2026: Motilal Oswal 22nd Annual Global Investor Conference (Mumbai)
Financials
Positive
2026-08-07 10:05
- Consolidated Revenue ₹2,507.6Cr vs ₹1,870.1Cr (▲34.1% YoY)
- EBITDA ₹759.4Cr vs ₹596.9Cr (▲27.2% YoY)
- PAT ₹471.9Cr vs ₹307.8Cr (▲53.3% YoY)
- EBITDA Margin 30.3% vs 31.9% (▼160bps)
Financials
Positive
2026-08-06 18:22
- Consolidated Revenue ₹25,076 Mn vs ₹18,701 Mn (▲34.1% YoY)
- EBITDA ₹7,594 Mn vs ₹5,970 Mn (▲27.2% YoY)
- PAT ₹4,719 Mn vs ₹3,078 Mn (▲53.3% YoY)
- EBITDA Margin 30.3% vs 31.9% (▼160bps)
Financials
Positive
2026-08-06 18:14
- Consolidated Revenue ₹2,462.59Cr vs ₹1,820.74Cr (▲35.25% YoY)
- EBITDA ₹714.90Cr vs ₹548.53Cr (▲30.33% YoY)
- PAT ₹471.92Cr vs ₹307.79Cr (▲53.33% YoY)
- EBITDA Margin 29.03% vs 30.13% (▼110bps)
Financials
Positive
2026-08-06 18:11
- Consolidated Revenue ₹2,462.59 Cr vs ₹1,820.74 Cr (▲35.25% YoY)
- EBITDA ₹714.90 Cr vs ₹598.53 Cr (▲19.44% YoY)
- PAT ₹471.92 Cr vs ₹307.79 Cr (▲53.31% YoY)
- EBITDA Margin 29.03% vs 32.87% (▼384bps)
- Board approved fund-raising up to ₹5,000 Crores via Qualified Institutional Placement (QIP) or other eligible securities, subject to shareholder approval at the upcoming AGM.
- Re-appointment of Mr. Surenderpal Singh Saluja as Chairman and Wholetime Director for five years.
- Re-appointment of Mr. Chiranjeev Singh Saluja as Managing Director for five years.
Financials
Positive
2026-08-06 18:05
- Consolidated Revenue ₹2,462.59 Cr vs ₹1,820.74 Cr (▲35.3% YoY)
- EBITDA ₹714.90 Cr vs ₹548.52 Cr (▲30.3% YoY)
- PAT ₹471.92 Cr vs ₹307.79 Cr (▲53.3% YoY)
- EBITDA Margin 29.03% vs 30.13% (▼110bps)
- Board approved convening the 31st Annual General Meeting on September 21, 2026, to approve financials and raise funds up to ₹5,000 Cr via QIP or other modes.
- Re-appointed Mr. Surenderpal Singh Saluja as Chairman and Wholetime Director, and Mr. Chiranjeev Singh Saluja as Managing Director, both for five years.
- Approved the acquisition of a 51% stake in Transcon Ind Limited for ₹5,003.00 million, making it a subsidiary from April 03, 2026.
- Noted the incorporation of wholly-owned subsidiary Premier Battery Technologies Private Limited.
Financials
Positive
2026-08-06 17:49
- Consolidated Revenue ₹24,625.94Mn vs ₹18,207.42Mn (▲35.25% YoY)
- EBITDA ₹7,149.02Mn vs ₹5,485.26Mn (▲30.32% YoY)
- PAT ₹4,719.18Mn vs ₹3,077.93Mn (▲53.32% YoY)
- EBITDA Margin 29.03% vs 30.13% (▼110bps)
- Board approved convening the 31st Annual General Meeting (AGM) on September 21, 2026.
- Approval sought for raising funds up to ₹5,000 Crores through equity shares, NCDs with warrants, or other eligible securities.
- Re-appointment of Mr. Surenderpal Singh Saluja as Chairman & Wholetime Director and Mr. Chiranjeev Singh Saluja as Managing Director for five years.
- Appointment of M/s. S.S. Zanwar & Associates as Cost Auditors for FY ending March 31, 2027.
- Reconstitution of the Risk Management Committee, with Mr. Nishith Hasmukh Mehta appointed as Chairman.
- The company acquired a 51% stake in Transcon Ind Limited during the quarter, making it a subsidiary.
- Incorporated a new wholly-owned subsidiary, Premier Battery Technologies Private Limited, on July 15, 2026.
- Entered into an agreement for a minimum 26% equity stake acquisition in Hexa Energy BH Five Private Limited (renewable energy sector).
Financials
Positive
2026-08-06 17:20
- Consolidated Revenue ₹2,462.59 Cr vs ₹1,820.74 Cr (▲35.25% YoY)
- EBITDA ₹714.90 Cr vs ₹548.53 Cr (▲30.33% YoY)
- PAT ₹471.92 Cr vs ₹307.79 Cr (▲53.33% YoY)
- EBITDA Margin 29.03% vs 30.13% (▼110 bps)
- The Board approved convening the 31st Annual General Meeting on September 21, 2026, which includes a proposal to raise funds up to ₹5,000 Crores through various modes.
- Re-appointed Mr. Surenderpal Singh Saluja as Chairman & Wholetime Director and Mr. Chiranjeev Singh Saluja as Managing Director for a period of 5 years.
- Completed acquisition of 51% stake in Transcon Ind Limited and HeliosAnthos Energies Private Limited; entered into SSSHA for minimum 26% stake in Hexa Energy BH Five Private Limited.
Business Update
Neutral
2026-08-03 15:33
- Concall Schedule
- Concall Date: Friday, August 7, 2026
- Concall Time: 10:00 A.M. IST
Business Update
Neutral
2026-08-03 12:15
- Concall Schedule
- Concall Date: August 7, 2026
- Concall Time: 10:00 A.M. (IST)
Governance
Positive
2026-07-29 19:06
- Board Meeting on August 06, 2026, to approve unaudited financial results for the quarter ended June 30, 2026.
- To also consider the notice for the 31st AGM, including approval of FY26 audited financial statements.
- Proposal for fund-raising up to ₹5,000 Crores through QIP or other modes to be approved at AGM.
- Trading window remains closed until 48 hours post results.
Business Update
Positive
2026-07-16 16:23
- Premier Energies Limited has incorporated a Wholly Owned Subsidiary named 'Premier Battery Technologies Private Limited'.
- The subsidiary was incorporated on July 15, 2026, to operate in the Battery and Battery Energy Storage Systems Sector, focusing on battery cells, materials, and related electronics.
- Premier Energies Limited holds a 100% stake in the new subsidiary.
Routine
Neutral
2026-07-09 12:29
New Filing detected. See link for details.
Governance
Positive
2026-07-07 15:44
- Premier Energies Limited announced that all three ordinary resolutions proposed via postal ballot have been duly passed with the requisite majority.
- The resolutions concerned Material Related Party Transactions, which received over 99.98% votes in favor.
- The remote e-voting concluded on July 06, 2026.
Governance
Neutral
2026-07-07 15:39
- Premier Energies Limited announced that all three Ordinary Resolutions for Material Related Party Transactions, proposed via Postal Ballot, have been passed with the requisite majority.
- The remote e-voting concluded on July 06, 2026.
Business Update
Positive
2026-07-07 09:27
- Order Win: Premier Energies Limited secured new orders for solar cells and modules.
- Order Value: ₹3,011 Crore.
- Details: The orders comprise supply of 1,846 MW solar cells and modules.
- Completion Timeline: Delivery scheduled across FY 2027 and FY 2028.
- Customers: A mix of leading power producers, module manufacturers, EPC companies, and other customers.
Business Update
Positive
2026-07-02 18:25
- Board approved the incorporation of a wholly-owned subsidiary on July 02, 2026.
- The subsidiary will focus on Battery Energy Storage System, Battery Cell, and Battery Material business segments.
- Initial authorized share capital is ₹10 Lakh, with the company subscribing ₹5 Lakh.
Ownership
Neutral
2026-06-26 12:55
- The trading window for Designated Persons and their immediate relatives will remain closed from July 01, 2026.
- It will reopen 48 hours after the declaration of the financial results for the quarter ending June 30, 2026.
Governance
Neutral
2026-06-06 23:36
- Premier Energies Limited is seeking shareholder approval via Postal Ballot for three material related party transactions (RPTs) totaling up to ₹76,890 million (₹7689 Cr) for FY2026-27.
- RPTs are between subsidiaries and the company, at arm's length and in the ordinary course of business.
- E-voting period: June 7, 2026 to July 6, 2026. Results will be announced by July 8, 2026.
Business Update
Positive
2026-06-04 16:58
- Premier Energies recognized as a Grade A Solar PV Module Manufacturer by Wood Mackenzie's Global Ranking 2026.
- Ranked among the Top 25 Global and Top 3 Indian manufacturers.
- Recognition highlights manufacturing excellence, technology, and reliability.
- Company is executing a ₹12,500 crore Capex program for expansion and diversification.
Business Update
Neutral
2026-06-04 16:49
- Investor/Analyst Meet Schedule
- June 09, 2026: Institutional Investors Meet - ICICI Securities (Group/One on One) in Mumbai
- June 11-12, 2026: India Access Days - Jefferies (Group/One on One) in London
Business Update
Neutral
2026-06-04 16:48
- Premier Energies Limited will hold an Institutional Investors Meet with ICICI Securities on June 09, 2026, in Mumbai.
- The company will also participate in the India Access Days - Jefferies conference from June 11-12, 2026, in London.
Ownership
Negative
2026-05-27 17:14
Promoter and Promoter Group of Premier Energies Limited, including Surenderpal Singh Saluja, disposed of 2,41,29,527 equity shares, representing 5.33% of the company's paid-up equity share capital. The sale occurred via open market on May 25, 2026, reducing the promoter group's total holding from 63.94% to 58.61%. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Governance
Neutral
2026-05-27 12:27
Premier Energies Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, issued by P.S. Rao & Associates, certifies the company's compliance with SEBI Regulations. It highlights a past observation from FY25 regarding a two-day delay in H1 FY25 results disclosure, which led to a minor fine of ₹11,800 that has since been paid. The company has implemented measures to ensure timely filings in the future, and no additional non-compliances were observed for the current reporting period.