Premier Energies Share News - Latest Updates, Live News & More

Latest news about Premier Energies

Premier Energies Eyes Expansion into Battery Manufacturing 6 days ago

Premier Energies, a key player in the energy sector, is reportedly considering expansion into battery manufacturing. This move could potentially diversify the company's energy-related portfolio. While specific details about the plans are limited, the expansion could have strategic implications including revenue diversification, positioning in the growing energy storage market, and possible vertical integration with existing operations. The company's next steps and any official announcements are yet to be revealed.

Premier Energies Sees ₹2,629 Crore Block Deal with Major Institutional Buyers 7 days ago

Premier Energies Sees Major Stake Sale as Institutional Investors Swoop In 8 days ago

South Asia Growth Fund to Offload 5.5% Stake in Premier Energies via Block Deal 8 days ago

Premier Energies: South Asia Growth Fund II to Divest 5.5% Stake via Block Deals 9 days ago

More news about Premier Energies

23May 25

Premier Energies Faces Potential Impact as US Plans Early End to Clean Energy Tax Credits

The US government has passed a bill to prematurely end clean energy tax credits, potentially affecting global solar and wind energy projects. Premier Energies, a key player in the solar energy sector, may face challenges due to this policy shift. The decision could impact project viability, investment landscape, and global market dynamics in the renewable energy sector.

20May 25

Premier Energies Q4 Profit Surges 9%, JPMorgan Raises Target Price

Premier Energies delivered strong Q4 results with net profit rising 9% to ₹277.80 crore, despite a 5% revenue decline to ₹1,621.00 crore. EBITDA margins expanded to 32.60%. The company secured new orders worth ₹3,100.00 crore and announced capacity expansion plans. JPMorgan raised its target price for Premier Energies to ₹1,013.00, reflecting confidence in the company's growth prospects.

19May 25

Premier Energies Forms Strategic Joint Venture with Nuevosol for Solar Module Frames

Premier Energies has entered into a joint venture with Nuevosol to manufacture aluminium frames for solar modules. Premier Energies will hold an 80% stake in the venture, while Nuevosol will retain 20%. This move aims to strengthen Premier Energies' position in the solar industry through vertical integration, potentially improving quality control, cost efficiency, and supply chain resilience. The partnership aligns with India's growing solar energy sector and could enhance Premier Energies' competitiveness in the market.

19May 25

Premier Energies Posts Impressive Q4 Results with Soaring Profits, Revenue, and Ambitious Expansion Plans

Premier Energies has reported impressive Q4 financial results with significant year-over-year growth. Net profit surged 167% to ₹277.80 crore, revenue increased 43.43% to ₹1,620.80 crore, and EBITDA rose 187.50% to ₹529.00 crore. The company's EBITDA margin expanded to 32.64% from 16.28%. Additionally, Premier Energies announced plans to expand to 10 GW cell and 11 GW module capacity by FY2028, with an estimated capex of ₹1,250.00 crore. The company has also formed two new joint ventures for solar silicon wafer production.

18May 25

Premier Energies Reports Mixed Q4 Results, Announces Expansion Plans

Premier Energies' Q4 results show a 5% decrease in revenue to Rs 1,621 crore, but a 9% increase in net profit to Rs 278 crore. EBITDA rose 3% to Rs 529 crore. The company secured new orders worth Rs 3,100 crore, a 40% increase. Strategic initiatives include capacity expansions, a joint venture for aluminum frame manufacturing, and another for silicon wafer production.

17May 25

Premier Energies Reports Robust Q4 Results with Tripled EBITDA and Doubled Net Profit

Premier Energies announced impressive Q4 financial results, showcasing substantial growth across key metrics. Revenue increased by 41.59% to ₹16.00 billion, EBITDA grew by 187.50% to ₹5.29 billion, and net profit surged by 166.35% to ₹2.77 billion compared to the same period last year. The company's EBITDA margin expanded significantly to 32.61%, up from 16.37% in the previous year. These results demonstrate Premier Energies' strong market position, operational excellence, and ability to capitalize on market opportunities while maintaining cost efficiency.

15Apr 25

Premier Energies Forges Strategic Alliance with RENA Technologies for Solar Cell Innovation

Premier Energies, a key player in India's solar energy sector, has formed a strategic partnership with RENA Technologies, a global leader in wet chemical processing equipment. The collaboration aims to develop next-generation solar cell innovations, potentially enhancing cell efficiency, reducing production costs, and improving manufacturing sustainability. This alliance combines Premier Energies' solar manufacturing expertise with RENA Technologies' advanced processing solutions, positioning both companies at the forefront of solar innovation.

04Apr 25

Premier Energies Expands into Aluminium Frame Manufacturing with New Subsidiary

Premier Energies Limited (PEL) has incorporated a new wholly-owned subsidiary, Premier-Green Aluminium Private Limited (PGAPL), on April 3, 2025. PGAPL will focus on manufacturing aluminium frames primarily for captive consumption, with an authorized share capital of ₹10.00 lakh. This strategic move aims to strengthen PEL's supply chain, enhance vertical integration, and potentially reduce costs in the renewable energy sector.

03Apr 25

Premier Energies Expands into Aluminium Frame Manufacturing with New Subsidiary

Premier Energies Limited has established a wholly-owned subsidiary, Premier-Green Aluminium Private Limited (PGAPL), to manufacture aluminium frames for solar panels. Incorporated on April 03, 2025, with an authorized share capital of ₹10.00 lakh, PGAPL aims to strengthen Premier Energies' position in the renewable energy value chain. This strategic move could potentially secure the company's supply chain, reduce costs, and open new revenue streams in the aluminium products market.

21Mar 25

Premier Energies Joins FTSE All World Index, Anticipating ₹1.9 Billion Inflow

Premier Energies has been included in the FTSE All World Index, a move expected to attract approximately ₹1.90 billion ($22.20 million) in capital inflow. This inclusion is anticipated to increase the company's visibility among global investors, potentially boost stock liquidity, and validate its growth. The addition to this globally recognized index may also lead to increased institutional ownership and possibly reduce stock price volatility over time.

28Feb 25

Premier Energies: Lock-In Period Ending, 23% of Shares to Hit Market Amid Stock Decline

Premier Energies will see its six-month shareholder lock-in period expire on February 28, 2025, making 10.6 crore shares (23% of outstanding equity) eligible for trading. The company's stock has already declined 33% from its post-listing high and 31% year-to-date. Kotak Institutional Equities maintains a 'sell' rating with a price target of ₹840, indicating potential challenges ahead for the energy sector player.