Incorporated in April 1995, Premier Energies Limited specializes in manufacturing integrated solar cells and solar panels. Its product portfolio includes solar cells, solar modules, monofacial and bifacial modules, as well as EPC and O&M solutions.
Q3 FY26 Earnings Results
Premier Energies delivered strong Q3 FY26 results with 13% revenue growth and 53% PAT surge, driven by record production and execution momentum.
- Revenue from Operations: ₹1,936.46 crore, up 13.0% YoY from ₹1,713.30 crore; up 5.4% QoQ from ₹1,836 crore.
- EBITDA: ₹593.22 crore, up 15.5% YoY from ₹513.9 crore; EBITDA margin 30.6% (up 561 bps YoY).
- Profit Before Tax (PBT): ₹505.17 crore, up 43.9% YoY.
- Profit After Tax (PAT): ₹391.71 crore, up 53.5% YoY from ₹255.20 crore; PAT margin 20.2% (up 561 bps YoY).
- EPS: ₹8.77, up 53.5% YoY from ₹5.71.
- 9M FY26: Revenue ₹5,594.07 crore (up 14.2% YoY); PAT ₹1,052.94 crore (up 62.3% YoY); EPS ₹23.57.
- Operational Metrics:
- Module Production: 3.51 GW (record quarterly).
- Cell Production: 0.75 GW.
- Order Book: 9.4 GWp (₹13,700 crore), bidding pipeline ~29 GWp.
Management Commentary & Strategic Decisions – Q3 FY26
Management emphasised operational excellence and strategic capacity commissioning as key growth drivers amid India’s solar manufacturing boom.
- Capacity Milestones: Commissioned 2.1 GW module facility at Chikhli and 3 GW at Samakhiali; added 3.05 GW inverter manufacturing capacity.
- Recent Wins: 257.3 MWp EPC projects secured in Q3.
- Diversification: Entry into transformers expected to generate ₹10 billion revenue over 2.5 years.
- Outlook: Confident of exceeding FY26 guidance, supported by robust order book and execution capabilities.
Q2 FY26 Earnings Results
- Revenue from Operations: ₹1,836 crore, up 20.3% YoY from ₹1,527 crore; up 0.8% QoQ.
- EBITDA: ₹560.9 crore, up 47.4% YoY from ₹380.5 crore; margin 30.5% (up 561 bps YoY).
- PAT: ₹353 crore, up 72% YoY from ₹206 crore; EPS ₹7.89 (up 38% YoY).
- H1 FY26: Revenue ₹3,790.89 crore (up 17.6% YoY); PAT ₹661.23 crore (up 63.6% YoY).
Management Commentary & Strategic Directions – Q2 FY26
Q2 sustained momentum with record production volumes and margin expansion, positioning company for accelerated H2 growth.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.