Premier Energies share price
NSE: PREMIERENEBSE: 544238Electrical EquipmentMid Cap
Premier Energies Limited · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Sep 2024 · Issue price ₹450
Last close ₹845.20down ₹16.80 (1.95%)BSE ₹847.00
Share price at the NSE close on 28 Oct 2026. Previous close ₹862.00.
28 Oct: open ₹835.00, high ₹854.80, low ₹825.05
52-week range of traded prices to 28 Oct 2026
₹660.00Low, 1 Feb 2026₹1,134.00High, 10 Jul 2026
- Next results date: the board meets on 4 Nov 2026 to consider: financial results and dividend. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹38,368 Cr222nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 23.04
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 8.91
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.09%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 46.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 27.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.84
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 10,43,52725.2% delivered
About Premier Energies
Premier Energies Limited makes solar cells and solar modules, the panels that turn sunlight into electricity, at plants in Telangana and Andhra Pradesh.123 It sells to utility-scale developers, power producers, EPC (engineering, procurement and construction) contractors, businesses, households and farmers in India and some markets abroad.1 It is adding ingots and wafers, battery energy storage systems, transformers and aluminium frames.1
Its cells and modules use Mono PERC and TOPCon designs (types of silicon solar cell), and its modules serve utility-scale, commercial and industrial, and rooftop projects.4 It also offers solar EPC services, with over 12 years of experience in turnkey ground-mounted, rooftop, floating, canal-top and hybrid projects.5 Its subsidiary Transcon Ind Limited, 51% owned since 3 Apr 2026, makes inverter-duty, power, distribution and battery storage transformers, with a product range up to 765 kV (kilovolts).567 At the end of the year to Mar 2026, its workforce was 9,080 people.8
The company was incorporated in 1995, set up its first solar module line in 1999 and its first solar cell line in 2011, and listed its shares through an initial public offering in 2024.9
Surenderpal Singh Saluja, with the company since its incorporation, is its chairman, and Chiranjeev Singh Saluja is its managing director.10 Its head office is in Hyderabad, Telangana.11
Premier Energies key points
Results
- In the quarter to Jun 2026, consolidated total revenue, including Transcon, rose 34% to ₹2,508 crore, EBITDA (profit before interest, tax, depreciation and amortisation) rose 27% to ₹759 crore, a 30.3% margin, and profit after tax rose 53% to ₹472 crore, an 18.8% margin.1213
- Transcon, the transformer subsidiary, had revenue of ₹110 crore and profit after tax of ₹18 crore in the quarter to Jun 2026, with an EBITDA margin of 27% and a profit margin of 17%.14
- In the year to Mar 2026, turnover was ₹78,243.74 million. Consolidated EBITDA rose 35% to ₹2,579 crore and profit after tax rose 61.1% to ₹1,510 crore.1516
Revenue mix
- In the year to Mar 2026, solar modules made up 77.19% of turnover and solar cells 20.15%.17
Where revenue comes from
- Exports were 0.62% of turnover in the year to Mar 2026, and the company sold in 22 Indian states and union territories and 5 other countries.18
Plants and capacity
- Premier Energies' module capacity is 11.1 gigawatts (GW) a year, after commissioning a 5.6 GW plant at Seetharampur, Telangana, in the year to Mar 2026.19
- In the year to Mar 2026, Premier Energies produced 3,570 MW (megawatts) of modules and 2,268 MW of cells.20
- Premier Energies' operating cell plants in Telangana ran at 92% of capacity in the quarter to Jun 2026.21
- Transcon has 6.75 GVA (giga volt-amperes, a transformer rating) of operating capacity.20
Order book
- New orders of ₹3,011 crore for cells and modules in the quarter to Jun 2026 took Premier Energies' order book (orders not yet delivered) to ₹15,000 crore, including transformers.22
- Premier Energies order book by value, end of June 202623
Item quarter to Jun 2026 Cells 58% Modules 40% Transformers 2% - On its earnings call of 7 Aug 2026, the company said at least about 40% to 45% of the order book would be delivered in the year to Mar 2028.24
- On its earnings call of 7 Aug 2026, the company said its DCR (domestic content requirement: modules made with Indian cells) business was sold out and was selling only for the year to Mar 2028.25
Expansion and capital spending
- In its exchange filing of 21 Sep 2026, the company said it is undertaking a ₹12,500 crore capital expenditure programme over 3 years to more than double its solar manufacturing capacity.26
- As of its annual report of 29 Aug 2026, a 10 GW ingot-wafer plant (making the silicon blocks and slices cells are made on) was being set up at Naidupeta, and an 18,000 MT (metric tonne) aluminium frame plant was under construction at Seetharampur.2728
- In its exchange filing of 15 Oct 2026, the company said its joint venture with RCT Nexor Energy, of Germany's RCT Group, plans a 12 GWh (gigawatt-hour) battery storage plant, with a 6 GWh first phase in the year to Mar 2028.29
- On its earnings call of 7 Aug 2026, the company said its joint venture for solar cell manufacturing in the US had yet to choose a location and could produce in 24 to 30 months if it goes ahead.3031
What the company expects
- The company stated in its annual report for the year to Mar 2026 that it expects battery storage and grid equipment to contribute 25% of consolidated revenues by 2030.32
- In its presentation of 6 Aug 2026, the company said its subsidiary Transcon's Neotrafo plant, with 10 GVA of high and extra-high voltage transformer capacity, was expected to start commercial operation by Sep 2026; its documents give no outcome.33
- On its earnings call of 7 Aug 2026, the company said Transcon had revenue of about ₹400 crore in its previous year, before it became a subsidiary, and expected this to more than triple over the next 3 years.34
- On its earnings call of 7 Aug 2026, the company said it aims to sell 50% of its cell output and use 50% itself, tilting towards own use as DCR demand rises and ALMM Phase 2 (the government's approved list for solar cells) takes effect.35
Recent events
- On 9 Oct 2026, the company said it received orders of ₹4,001 crore in the quarter to Sep 2026, excluding retail orders, for 2,308 MW of solar cells and modules and EPC (engineering, procurement and construction) projects.36
- On 21 Sep 2026, the company said it commissioned a 7 GW solar cell plant at Naidupeta, Andhra Pradesh, built for ₹3,293 crore, and started trial runs, taking cell capacity to 10.6 GW, which it says makes it India's largest cell maker.37
- On 17 Aug 2026, Crisil upgraded its long-term rating on the company's bank loans to A+/Positive from A/Positive; a credit rating is an agency's view of a borrower's ability to repay.38
Last updated
All 38 sources, each with its page
- 1. Annual report, 29 Aug 2026, page 4
- 2. Annual report, 29 Aug 2026, page 86
- 3. Exchange filing, 21 Sep 2026, page 2
- 4. Annual report, 29 Aug 2026, page 7
- 5. Annual report, 29 Aug 2026, page 30
- 6. Exchange filing, 3 Apr 2026, page 1
- 7. Exchange filing, 3 Apr 2026, page 2
- 8. Annual report, 29 Aug 2026, page 10
- 9. Annual report, 29 Aug 2026, page 5
- 10. Annual report, 29 Aug 2026, page 18
- 11. Annual report, 29 Aug 2026, page 28
- 12. Earnings call, 7 Aug 2026, page 3
- 13. Investor presentation, 6 Aug 2026, page 4
- 14. Earnings call, 7 Aug 2026, page 3
- 15. Annual report, 29 Aug 2026, page 15
- 16. Annual report, 29 Aug 2026, page 100
- 17. Annual report, 29 Aug 2026, page 17
- 18. Annual report, 29 Aug 2026, page 98
- 19. Annual report, 29 Aug 2026, page 38
- 20. Annual report, 29 Aug 2026, page 15
- 21. Earnings call, 7 Aug 2026, page 3
- 22. Earnings call, 7 Aug 2026, page 3
- 23. Investor presentation, 6 Aug 2026, page 17
- 24. Earnings call, 7 Aug 2026, page 18
- 25. Earnings call, 7 Aug 2026, page 6
- 26. Exchange filing, 21 Sep 2026, page 3
- 27. Annual report, 29 Aug 2026, page 8
- 28. Annual report, 29 Aug 2026, page 28
- 29. Exchange filing, 15 Oct 2026, page 1
- 30. Earnings call, 7 Aug 2026, page 13
- 31. Earnings call, 7 Aug 2026, page 14
- 32. Annual report, 29 Aug 2026, page 15
- 33. Investor presentation, 6 Aug 2026, page 16
- 34. Earnings call, 7 Aug 2026, page 8
- 35. Earnings call, 7 Aug 2026, page 19
- 36. Exchange filing, 9 Oct 2026, page 2
- 37. Exchange filing, 21 Sep 2026, page 2
- 38. Exchange filing, 17 Aug 2026, page 3
Results
Consolidated; ₹ crore.Premier Energies quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +26.7%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- –
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,463 Crup 10.42%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹472 Crup 3.30%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 19.2%
Revenue by quarter
Peak revenue ₹2,463 Cr, quarter to Jun 2026; lowest ₹1,527 Cr, quarter to Sep 2024
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,527 | 1,713 | 1,621 | 1,821 | 1,837 | 1,936 | 2,230 | 2,463 |
| Net profit | 206 | 255 | 278 | 308 | 353 | 392 | 457 | 472 |
| Net margin | 13.5% | 14.9% | 17.1% | 16.9% | 19.2% | 20.2% | 20.5% | 19.2% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹7,824 Crup 20.03%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,510 Crup 61.10%
- Net margin
- 19.3%
Revenue by year
Peak revenue ₹7,824 Cr, year to Mar 2026; lowest ₹6,519 Cr, year to Mar 2025
Net profit by year, a loss in red
| ₹ crore | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue | 6,519 | 7,824 |
| Net profit | 937 | 1,510 |
| Net margin | 14.4% | 19.3% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Manufacturing and selling solar products and related projects activities, which carries all its revenue. From the quarter to Jun 2026 it reports 2 businesses, by share of revenue: Solar products & related project activities, 95.7% and Power Transmission & Distribution Equipment, 4.3%.
Valuation
Today, against the company's own history.Premier Energies PE ratio and valuation
Price to earnings
At or below today's level on 1% of 247 trading days over the last year.
LowestHighest
Its median30.69Industry median21.16
Price to book
At or below today's level on 1% of 247 trading days over the last year.
LowestHighest
Its median10.98Industry median3.19
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 59% of 527 trading days since Sep 2024.
LowestHighest
Its median0.08%Industry median0.25%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −4.8% | +60.6% | −40.8% | 0.1% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Mutual fund holdings
134 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 67 of the 83 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.All 134 funds holding Premier Energies
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 5
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 3
- AddedAdded. Funds that held more shares than at the end of the month before.
- 76
- CutCut. Funds that held fewer shares than at the end of the month before.
- 7
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 41
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 6
| Fund | |||
|---|---|---|---|
 Motilal Oswal Midcap FundMotilal Oswal Mutual Fund | 83,88,803 | 1.82% | ₹729.9 Cr |
| Motilal Oswal Large and Midcap FundMotilal Oswal Mutual Fund | 71,53,063 | 3.14% | ₹622.4 Cr |
 quant ELSS Tax Saver Fundquant Mutual Fund | 52,04,779 | 3.46% | ₹452.9 Cr |
 Axis Midcap FundAxis Mutual Fund | 51,82,046 | 1.34% | ₹450.9 Cr |
| quant Mid Cap Fundquant Mutual Fund | 40,38,919 | 4.59% | ₹351.4 Cr |
 360 ONE Focused Fund360 One Mutual Fund | 27,41,290 | 3.67% | ₹238.5 Cr |
 Nippon India Small Cap FundNippon India Mutual Fund | 20,53,186 | 0.22% | ₹178.6 Cr |
| Motilal Oswal Flexi cap FundMotilal Oswal Mutual Fund | 15,52,140 | 1.00% | ₹135.1 Cr |
| Axis Large & Mid Cap FundAxis Mutual Fund | 15,46,446 | 0.82% | ₹134.6 Cr |
| Motilal Oswal ELSS Tax Saver FundMotilal Oswal Mutual Fund | 14,50,000 | 2.58% | ₹126.2 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Premier Energies insider trading
Bought on the marketBought on the market. The value each filer stated for its purchases on the exchange, added up; gifts, transfers and pledges are not counted. A purchase filed with no value is counted under the sum, not in it. Sold on the marketSold on the market. The value each filer stated for its sales on the exchange, added up; gifts, transfers and pledges are not counted. A sale filed with no value is counted under the sum, not in it.
- Promoters and promoter group0 purchases, 8 salesNo purchase₹2,305 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹2,305 Cr
- Others: no market trade · 97 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Premier Energies competitors and peers
Other Electrical Equipment, 84 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Premier Energies in market cap.Capital goods stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Apar IndustriesAPARINDS | 64,563 | 54.64 | 11.97 | +24.0% | +34.0% | 23.9% | 31.9% | 0.39% |
 Waaree EnergiesWAAREEENER | 64,376 | – | 4.02 | +75.4% | – | – | 23.1% | 0.09% |
 Mtar TechnologiesMTARTECH | 21,459 | 160.81 | 26.09 | +53.4% | +125.1% | 17.2% | 16.1% | 0.00% |
 Diamond Power InfrastructureDIACABS | 19,461 | 99.03 | – | +92.6% | +416.5% | – | 12.2% | 0.00% |
 Emmvee Photovoltaic PowerEMMVEE | 16,876 | 11.90 | 3.84 | – | – | 53.1% | 33.4% | 0.41% |
 Avalon TechnologiesAVALON | 13,687 | 102.45 | 18.97 | +44.4% | +67.1% | 20.0% | 18.5% | 0.00% |
 Fujiyama Power SystemsUTLSOLAR | 11,383 | 38.67 | 8.94 | – | – | 23.1% | 33.3% | 0.00% |
 Genus Power InfrastructuresGENUSPOWER | 8,251 | 12.66 | 3.72 | +74.2% | +62.8% | 31.9% | 20.1% | 0.18% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Premier Energies dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹1.00 a share, years to Mar 2025 and Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 8 May 2026 | Interim | ₹0.75 |
| 29 Aug 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹0.50 |
| 1 Aug 2025 | Interim | ₹0.25 |
| 14 Feb 2025 | Interim | ₹0.50 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Premier Energies announcements
Oct 2026
28 Oct · Analysts
Sep 2026
23 Sep · General Updates
Premier Energies share price by year
Each calendar year to 2025.Premier Energies share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 842.15 | −37.8% | 1,332.60 | 842.15 |
| 2024 | 1,353.10 | – | 1,373.50 | 839.90 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 3 Sep 2024.
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 841.10 | 862.00 | 822.95 | 862.00 | 843.05 | 14,90,927 | 46.9% |
| 26 Oct 2026 | 853.00 | 867.00 | 838.85 | 840.60 | 845.58 | 10,76,412 | 58.5% |
| 23 Oct 2026 | 865.05 | 869.85 | 840.80 | 853.30 | 853.06 | 8,82,214 | 36.8% |
| 22 Oct 2026 | 872.00 | 879.45 | 860.10 | 863.80 | 866.26 | 6,11,829 | 36.8% |
| 21 Oct 2026 | 904.00 | 904.05 | 869.40 | 881.00 | 878.87 | 11,79,189 | 54.5% |
| 19 Oct 2026 | 908.00 | 931.60 | 899.00 | 899.00 | 917.15 | 15,61,240 | 28.6% |
| 16 Oct 2026 | 915.00 | 916.00 | 899.25 | 901.05 | 904.74 | 10,42,636 | 59.1% |
| 15 Oct 2026 | 919.00 | 930.90 | 905.00 | 915.00 | 915.84 | 13,17,997 | 48.9% |
| 14 Oct 2026 | 919.00 | 930.00 | 907.90 | 923.00 | 922.76 | 13,31,916 | 36.1% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- PREMIERENE
- BSE code
- 544238
- ISIN
- INE0BS701011
- Industry
- Electrical Equipment
- Website
- www.premierenergies.com
- CIN
- L31100MH1984PLC032825
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1984
- Registered office
- Plot No. 8/B/1 and 8/B/2, E- City, Maheshwaram Mandal, Raviryala Village, K.V.Rangareddy, Hyderabad 501359, Telangana
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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