Premier Energies Ltd

Premier Energies Limited will hold a board meeting on Wednesday, November 04, 2026, to consider unaudited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2026, and to potentially declare an interim dividend for the Financial Year 2026-27. The trading window for the company's equity shares will remain closed for designated persons and their immediate relatives until 48 hours after the announcement of the financial results.

Premier Energies Limited informed the stock exchanges that Premier Battery Technologies Private Limited, a wholly-owned subsidiary, RCT Nexor Energy Private Limited, and Premier Energies Storage Solutions Private Limited executed a Share Allotment cum Shareholders Agreement on October 15, 2026, to establish a 12 GWh Battery Energy Storage System (BESS) manufacturing facility in Seetharampur, Telangana, as a strategic joint venture. RCT Nexor Energy Private Limited was formerly known as RCT Energy India Private Limited and is part of the RCT Group, Germany, and will have the right to subscribe for up to 20% of the joint venture company's equity share capital in tranches.

Premier Energies Limited, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, has received and enclosed certificates from KFin Technologies Limited, the Registrar and Share Transfer Agent, for the quarter ended September 30, 2026, detailing securities dematerialized and rematerialized, and has furnished these details to the BSE Limited and the National Stock Exchange of India Limited.

Premier Energies Limited will close its trading window for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of financial results for the quarter ending September 30, 2026, as announced in a filing with the BSE Limited and National Stock Exchange of India Limited.

Premier Energies Limited has incorporated a wholly-owned subsidiary in Singapore, named PE Horizon Pte. Ltd., with an initial investment of SGD 10,000, or Rs 51,372, to carry on business in the clean energy industry. Additionally, the company is reorganizing its shareholding, transferring its entire stake in Premier Energies Storage Solutions Private Limited (PESSPL) to Premier Battery Technologies Private Limited (PBTPL), another wholly-owned subsidiary, through a share swap with a consideration of Rs 85,05,790, to consolidate its battery and energy storage businesses.

Premier Energies Limited has incorporated a wholly-owned subsidiary in Singapore, named PE Horizon Pte. Ltd., with an initial investment of SGD 10,000, or Rs 51,372, to carry on business in the clean energy industry. Additionally, the company is reorganizing its shareholding, transferring its entire stake in Premier Energies Storage Solutions Private Limited (PESSPL) to Premier Battery Technologies Private Limited (PBTPL), another wholly-owned subsidiary, through a share swap with a consideration of Rs 85,05,790, to consolidate its battery and energy storage-related businesses.

Premier Energies Ltd announced that Crisil Ratings Limited has issued a revision regarding the credit rating of its instruments, though specific details pertaining to the instrument, amount, or rating itself were not disclosed by the agency. The revision does not involve any enhancements, assignments, or withdrawals of ratings, and simply reflects information provided to Crisil Ratings Limited.

Premier Energies Ltd share price slipped 0.16% to Rs 1034.5. The Company's net profit grew slightly 3.30% to Rs 471.92 crore, while revenue from operations gained 10.42% to Rs 2462.59 crore in Q2FY26 over Q1FY26. The market capitalization of Other Electrical Equipment industry group stocks on BSE stood at Rs 3.29 lakh crore, rising 4.22%. It has improved by 7.36% over last one week and ticked higher by 6.66% in last one month while the market capitalization of Premier Energies Ltd has marginally improved by 6.31% and 3.33% in the same period respectively. Profit before tax (PBT) of Premier Energies Ltd stood at Rs 620.38 crore in Q2 FY26, jumping 53.96% year-on-year, and gaining 3.77% quarter-on-quarter. EBITDA came in at Rs 669 crore, expanding by 34.00% YoY and easing 5.20% sequentially. Total expenses increased by 12.80% to Rs 1843.86 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 1349.33 crore, soaring by 51.02% YoY, while employee benefits expense was at Rs 48.87 crore, improving by 9.77% YoY. For the TTM ended FY26, revenue from operations jumped by 107.35% to Rs 6518.75 crore, while net profit surged by 305.05% to Rs 937.13 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 85071% to Rs 1647.54 crore, and PBT witnessed a strong rise of 328.51% to Rs 1239.97 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1348.03 crore in FY26, as against Rs 90.15 crore in FY25. Premier Energies Ltd inched up 3.79% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.64% during the same period.

Premier Energies Limited will hold a board meeting on Thursday, August 06, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026, and to seek approval for raising funds up to Rs. 5,000 Crores through issuance of equity shares, non-convertible debentures with warrants, or other eligible securities, potentially via a Qualified Institutional Placement (QIP).

The domestic benchmarks indices continued to trade with significant gains in afternoon trade supported by foreign fund inflows and buying in blue-chip stocks. The Nifty traded above the 24,000 level. Investors are also closely tracking the first-quarter earnings season, with the focus on TCS' Q1 FY27 results due later in the day. Market participants will watch the IT major's management commentary for cues on discretionary technology spending by global clients and the demand outlook for the sector. All the sectoral indices in the NSE were traded in green with realty, media and consumer durables shares led the rally. At 12:26 IST, the barometer index, the S&P BSE Sensex advanced 503.25 points o 0.67% to 77,013.37. The Nifty 50 index rose 157.50 points or 0.65% to 24,036.85. The broader market outperformed the frontline indices. The BSE 150 MidCap Index rose 1.54% and the BSE 250 SmallCap Index jumped 1.74%. The market breadth was strong. On the BSE, 2,923 shares rose and 1,138 shares fell. A total of 225 shares were unchanged. In the commodities market, Brent crude for September 2026 settlement fell 93 cents or 1.19% to $77.09 a barrel. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 9.72% to 13.25. Gainers & Losers: SBI Life Insurance (up 2.55%), Sun Pharmaceuticals Industries (up 2.56%), Grasim Industries (up 2.46%), Max Healthcare Insitute (up 2.20%) and Shirram Finance (up 2.18%) were the major Nifty50 gainers. Dr Reddy's Laboratories (down 5.90%), Maruti Suzuki India (down 1.20%), Infosys (down 1.17%), Eicher Motors (down 1%) and Oil & Natural Gas Corporation of India (ONGC) (down 0.89%) were the major Nifty50 losers. Stocks in Spotlight: Premier Energies rallied 4.24% after inaugurating its 5.6 GW solar module manufacturing facility at Seetharampur, Telangana. 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The order involves the supply of N-Type TOPCon 615 Wp/620 Wp Glass-to-Glass (G12R) solar PV modules. The modules are scheduled to be supplied between October 2026 and March 2027. Global Markets: European and Asia market advanced despite renewed U.S.-Iran tensions. China's annual inflation eased to 1.0% in June 2026 from 1.2% in May, below market expectations of 1.1%, marking the slowest pace in three months. Consumer prices fell 0.3% month-on-month, while core inflation eased to 1.0% YoY. The U.S. launched fresh strikes on Iran in response to Tehran's attacks on commercial shipping in and around the Strait of Hormuz, U.S. Central Command said Wednesday afternoon. Earlier in the day, President Donald Trump said he may no longer be interested in negotiating a deal with Iran. Prior to that, he said that the ceasefire between the U.S. and Tehran is 'over' after another wave of attacks in the Middle East. Overnight on Wall Street, the Dow Jones Industrial Average pulled back from record levels on Tuesday as investors once again appeared to rotate out of names tied to artificial intelligence and as oil prices advanced. The 30-stock index lost 130.76 points, or 0.25%, after earlier hitting a new all-time intraday high. Ultimately, the Dow closed at 52,925.15. The Nasdaq Composite fell 1.16% to 25,818.69. The S&P 500 slid 0.45% to end at 7,503.85.Powered by Capital Market - Live