Financial Performance Summary

Premier Energies Limited announced its unaudited financial results (Standalone and Consolidated) for the quarter ended June 30, 2026 (Q1 FY27).

Key Financial Metrics:

  • Total Revenue: ₹25,076 million, up 34.1% year-on-year (YoY)
  • EBITDA: ₹7,594 million, up 27.2% YoY
  • EBITDA Margin: 30.3%
  • Profit After Tax (PAT): ₹4,719 million, up 53.3% YoY
  • PAT Margin: 18.8%

Operational Metrics:

  • Solar Cells Production: 844 MW
  • Solar Modules Production: 953 MW
  • Transformers Production: 570 MVA

Manufacturing Capacity Expansion

The company reported significant progress in its manufacturing capacity expansion:

Seetharampur Facility:

  • Recently inaugurated 5.6 GW module manufacturing facility
  • Described as one of India's most advanced module manufacturing plants
  • Equipped with automation capable of producing four modules every 16 seconds

Naidupeta Facility:

  • 7 GW solar cell manufacturing facility under development
  • Machinery installation is currently underway
  • Trial runs expected to commence shortly

Management Commentary

Mr. Chiranjeev Saluja, Managing Director, commented on the results:

  • Attributed sustained growth to integrated manufacturing platform, technology leadership, and disciplined execution
  • Emphasized commitment to expanding domestic manufacturing capabilities
  • Supporting government's Make in India vision
  • Expecting significant boost in operating and financial performance over the next year as new facilities come online
  • Anticipates delivery of industry-leading margins

Company Background

Premier Energies Limited is a publicly listed company and one of India's leading integrated solar manufacturers with more than 30 years of solar manufacturing expertise. The company focuses on technology innovation, sustainability, and employee-centric culture, and has received Great Place to Work certification for five consecutive years.