Premier Energies is scaling its integrated cleantech platform as it transitions to advanced TOPCon cell manufacturing and expands into battery storage and allied components. Investors will be watching for the revenue impact of the June 1 ALMM-2 mandate and the operational ramp-up of the new 4.8 GW cell capacity at Naidupeta.
| Results date | August 06, 2026 |
|---|---|
| Quarter | Q1 FY 2026-2027 |
| Previous quarter revenue | Rs. 2,230.30 Cr |
| Previous quarter PAT | Rs. 456.84 Cr |
| Previous quarter EBITDA margin | 31.44% |
| Net debt (latest quarter) | Rs. 2,150 Cr |
| Market cap | Rs. 46,402.92 Cr |
| CMP | Rs. 1022.2 |
The company will hold a board meeting on August 06, 2026, to consider the audited financial results and recommend dividend for FY2026.
Revenue for the quarter is expected to demonstrate strong growth, supported by the execution of a Rs. 14,010 Cr order book and the mid-quarter regulatory unlock from the June 1 ALMM-2 mandate. While silver prices faced volatility with a 6% increase on MCX, the company's 159-day inventory buffer and Zero Busbar technology are expected to mitigate margin pressure, complemented by declining polysilicon costs. Management continues to prioritize the FY27 capex plan of Rs. 5,100 Cr, with the new 4.8 GW TOPCon cell line at Naidupeta reaching its June 2026 completion target. The upcoming call will focus on the utilization ramp of this new capacity and the conversion pace of the order book into revenue.
Performance vs Guidance Tracking: Tracking progress on major capacity and operational targets for FY27.
Operating metric trajectory: Monitoring the efficiency and output of core manufacturing lines.
Strategic execution and capex: Updates on the Mission 2028 integrated cleantech strategy.
Risks and headwinds to monitor: External factors impacting near-term operations.
In Q4 FY26, the company reported revenue of Rs. 2,230.30 Cr, representing 15.2% QoQ growth. PAT rose to Rs. 456.84 Cr, supported by a 31.44% EBITDA margin.
The company achieved its 4.8 GW cell capacity target at Naidupeta by June 2026. An additional 2.2 GW is scheduled for completion by September 2026.
The company utilizes hedging, stock maintenance, and cost-pass-through clauses in new contracts. Additionally, its proprietary Zero Busbar technology reduces silver consumption by approximately 10%.
The company is executing its Rs. 5,100 Cr FY27 capex plan, with Rs. 2,144 Cr in capital work-in-progress as of March 2026. Management continues to fund major expansions through internal accruals.
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