Premier Energies Limited, a leading player in India's solar manufacturing sector, has delivered its strongest quarterly performance to date, showcasing robust growth across key financial metrics for Q1 FY26.

Financial Highlights

The company reported a total revenue of INR 18,695.00 million, marking a 12% year-on-year growth. More impressively, Premier Energies saw its EBITDA surge by 61% to INR 5,971.00 million, while profit after tax increased by 55% to INR 3,078.00 million compared to the same quarter last year.

Operational Milestones

During the quarter, Premier Energies successfully commissioned its 1.4 gigawatt module line and 1.2 gigawatt TOPCon cell manufacturing line. This expansion marks a significant step in the company's growth trajectory and sets the stage for its next phase of expansion.

Strong Demand and Order Book

The company reported strong demand across all segments, with its order book standing at INR 86,027.00 million, backed by 100% domestic exposure. Management confirmed that all expansion projects under their ambitious Mission 2028 remain on track and within budget.

Future Outlook

Premier Energies aims to build a 10 gigawatt integrated manufacturing capacity, 12 gigawatt battery energy storage systems (BESS), and 3 gigawatt inverter capacity by FY28. The company expects BESS and inverter manufacturing to begin contributing revenue from FY27.

Market Position and Strategy

Chiranjeev Singh Saluja, Managing Director of Premier Energies, emphasized the company's strong competitive position, stating, "We believe that we enjoy a strong competitive position on all parameters including scale, advanced technology, proven track record, and bankability."

The company remains focused on the Indian market, with less than 1% of its current order book coming from the United States. Premier Energies has put its US expansion plans on hold pending policy clarity.

Industry Outlook

The management expressed optimism about the solar industry's growth trajectory, citing a recent BNEF report that projects annual solar deployment in India to increase from the present 40 gigawatts to 125 gigawatts per annum in the next 10 years.

Conclusion

As Premier Energies approaches its first anniversary as a listed company, it remains committed to building long-term value and delivering sustainable, profitable growth. With its strong financial performance, expanding manufacturing capabilities, and focus on advanced technologies, Premier Energies appears well-positioned to capitalize on India's growing clean energy market.

Premier Energies Limited , a leading player in the solar energy sector, has announced robust financial results for the first quarter ended June 30, 2025, showcasing significant growth and expansion in its operations.

Strong Financial Performance

The company reported impressive consolidated revenue from operations of INR 18,695.00 million for Q1 FY2025-26, representing a 9.9% year-over-year increase. The profit after tax (PAT) stood at INR 3,078.00 million, marking a substantial 55.3% year-over-year growth. The company's EBITDA reached INR 5,971.00 million with a margin of 31.94%, indicating strong operational efficiency.

Expansion and Technological Advancements

Premier Energies has made significant strides in expanding its manufacturing capabilities. The company successfully completed the commissioning of a 1.4 GW module plant and a 1.2 GW TOPCon cell plant at Hyderabad. These additions are expected to enhance the company's production capacity and technological edge in the solar industry.

Robust Financial Position

The company maintains a strong balance sheet with a net debt of negative INR 10,570.00 million, showcasing its solid financial position. The total debt to equity ratio stands at a healthy 0.49, indicating a conservative approach to leverage.

Order Book and Future Outlook

As of June 30, 2025, Premier Energies boasts an impressive order book of INR 86,027.00 million, corresponding to a capacity of 5,545 MW. This strong order book provides visibility for future revenue and underscores the company's market position.

Strategic Vision

Premier Energies is actively working towards its ambitious Mission 2028 target. The company aims to achieve an integrated capacity of 10+ GW across various segments including:

• Cells
• Modules
• Aluminum frames
• Ingots and wafers
• Inverters
• Battery Energy Storage System (BESS) solutions

This comprehensive approach positions Premier Energies as a vertically integrated player in the renewable energy sector.

Conclusion

Premier Energies Limited continues to solidify its position as a key player in India's renewable energy landscape. The company's focus on expansion, technological upgrades, and maintaining a robust financial position sets a positive tone for sustained growth in the coming years.