Good morning :)
Place Order
Add to Watchlist

Premier Energies Ltd

PREMIERENE

Premier Energies Ltd

PREMIERENE
UtilitiesRenewable Energy
MidcapWith a market cap of ₹57,757 cr, stock is ranked 167
High RiskStock is 5.23x as volatile as Nifty
1,294.850.96% (-12.50)
1,294.850.96% (-12.50)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP
UtilitiesRenewable Energy
MidcapWith a market cap of ₹57,757 cr, stock is ranked 167
High RiskStock is 5.23x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

UtilitiesRenewable Energy
MidcapWith a market cap of ₹57,757 cr, stock is ranked 167
High RiskStock is 5.23x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
118.2887.53
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
23.303.521.25%

Forecast & Ratings

Detailed Forecast 
0%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Premier Energies manufactures solar photovoltaic cells and modules, providing EPC services for large-scale solar projects, including rooftop and canal top installations in India.

Investor Presentation

View older 

Nov 8, 2024

PDF
View Older Presentations

Get more out of Tickertape, Go Pro!

Customise key metrics, see detailed forecasts, download stock data and more

Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Loading...

Financial YearFY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue965.94736.89768.211,464.433,172.634,542.20
Raw Materialssubtract737.71528.79626.851,267.342,467.903,580.45
Power & Fuel Costsubtract3.783.0815.1335.3167.33
Employee Costsubtract17.6917.3722.0842.1458.63
Selling & Administrative Expensessubtract26.3021.9825.0920.1851.44
Operating & Other expensessubtract67.8876.5524.15-14.6420.70
Depreciation/Amortizationsubtract16.9211.6427.6053.2396.09200.24
Interest & Other Itemssubtract34.8421.6643.0068.63121.18126.47
Taxes & Other Itemssubtract23.5632.35-1.345.0558.01146.74
EPS1.190.75-0.44-0.397.7718.53
DPS0.000.000.000.000.00
Payout ratio0.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025

Annual Report Pending

Investor Presentation

Nov 8PDF
 

Peers & Comparison

Comparing 3 stocks from 
UtilitiesRenewable Energy

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Premier Energies Ltd249.6687.53
Adani Green Energy Ltd169.4410.68
Ntpc Green Energy Ltd358.4819.83
NHPC Ltd23.831.972.21%

Price Comparison

Compare PREMIERENE with any stock or ETF
Compare PREMIERENE with any stock or ETF
PREMIERENE
Loading...

Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 27.00%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

No institutional holdings trend are available

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding64.25%4.22%2.49%3.08%25.95%

Apr 2024

Aug 2024

Sep 2024

Shareholding History

AprAugSep0.00%3.39%3.08%

Mutual Funds Holding Trend

No mutual funds holding trends are available

Top 5 Mutual Funds holding Premier Energies Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Axis Midcap Fund - Growth - Direct Plan

Growth
0.6486%1.24%1.12%81/110 (+22)
Motilal Oswal Large and Midcap Fund-Direct Growth

Growth
0.3972%3.35%3.35%10/35 (+20)
Motilal Oswal ELSS Tax Saver Fund - Growth - Direct Plan

Growth
0.2684%3.70%3.70%7/34 (+27)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Loading...

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

PREMIERENE has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

Hmm, looks like data is unavailable here. Please come back after some time
News & Opinions
Spotlight
Premier Energies to set up 1 GW solar photovoltaic mfg unit

The facility will be located at EMC Maheeshwaram, Telangana on leasehold premises owned by Telangana Industrial Infrastructure Corporation. The project is expected to be completed by March 2025. This 1 GW module facility is an addition to the planned manufacturing capacity outlined in the offer document, stated the company. Premier Energies is an integrated manufacturer of solar PV cells and solar modules, including custom-made modules for specific applications. The company's consolidated net profit surged 289.6% to Rs 205.95 crore in Q2 FY25 as compared with Rs 52.86 crore in Q2 FY24. Net sales stood at Rs 1,527.22 crore, up 120.2% as compared with Rs 693.70 crore in Q2 FY24. The scrip shed 1.04% to Rs 1,292.70 on the BSE. Powered by Capital Market - Live

12 hours agoCapital Market - Live
Spotlight
Premier Energies gains after arm bags multiple orders worth to Rs 1,087 cr

The subsidiaries include Premier Energies Global Environment, Premier Energies International and Premier Energies Photovoltaic. The orders involve the supply of Solar PV Cells and Modules. The total value of the orders includes Rs 964 crore for Solar Modules and Rs 123 crore for Solar Cells. The supply of Modules & Cells is scheduled to be commence from January 2025. Premier Energies is an integrated manufacturer of solar PV cells and solar modules, including custom-made modules for specific applications. The company's consolidated net profit surged 289.6% to Rs 205.95 crore in Q2 FY25 as compared with Rs 52.86 crore in Q2 FY24. Net sales stood at Rs 1,527.22 crore, up 120.2% as compared with Rs 693.70 crore in Q2 FY24. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Premier Energies Group receives orders worth Rs 1,087 cr

Premier Energies announced that its subsidiaries, Premier Energies Global Environment, Premier Energies International and Premier Energies Photovoltaic have received orders aggregating Rs 1,087 crore from 2 large independent power producers and one other customer. These orders include Rs 964 crore for solar modules and Rs 123 crore for solar cells. The supply of these modules is scheduled to commences from January 2025. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Premier Energies receives upgrade in credit ratings for bank facilities

Premier Energies has received upgrade in credit ratings for bank facilities of Rs 428.28 cr at CRISIL A-; Positive / CRISIL A2+. Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Premier Energies consolidated net profit rises 289.61% in the September 2024 quarter

Net profit of Premier Energies rose 289.61% to Rs 205.95 crore in the quarter ended September 2024 as against Rs 52.86 crore during the previous quarter ended September 2023. Sales rose 120.16% to Rs 1527.22 crore in the quarter ended September 2024 as against Rs 693.70 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1527.22693.70 120 OPM %24.9214.20 - PBDT364.8986.25 323 PBT275.1770.59 290 NP205.9552.86 290 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Premier Energies to announce Quarterly Result

Premier Energies will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Live Market Update
Nifty hovers above 25,100; realty shares edge higher

The equity indices continued to trade with decent gains in mid-morning trade. The Nifty hovered above the 25,100 level. Realty shares advanced after declining in the past two trading sessions. At 11:30 IST, the barometer index, the S&P BSE Sensex, jumped 532.56 points or 0.65% to 81,913.70. The Nifty 50 index added 152.75 points or 0.60% to 25,114. In the broader market, the S&P BSE Mid-Cap index fell.20% and the S&P BSE Small-Cap index shed 0.02%. The market breadth was positive. On the BSE, 2,006 shares rose and 1,822 shares fell. A total of 166 shares were unchanged. Economy: India's forex reserves dropped by $3.709 billion to $701.176 billion for the week ended October 4, the RBI said on Friday. In the previous reporting week, the reserves had jumped by $12.588 billion to an all-time high of $704.885 billion. The foreign currency assets, a major component of the reserves, decreased by $3.511 billion to $612.643 billion, the data released on Friday showed. Gold reserves decreased by $40 million to $65.756 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down by $123 million to $18.425 billion. India's reserve position with the IMF was down by $35 million to $4.352 billion in the reporting week, the apex bank data showed. Buzzing Index : The Nifty Realty index rose 1.25% to 1,053.60. The index shed 0.54% in past two trading sessions. Raymond (up 5.27%), Oberoi Realty (up 3.27%), Macrotech Developers (up 2.57%), Sobha (up 1.36%), Prestige Estates Projects (up 1.27%), Godrej Properties (up 1.08%), DLF (up 0.97%), Mahindra Lifespace Developers (up 0.29%), Phoenix Mills (up 0.13%) edged higher. Stocks in Spotlight : Premier Energies rallied 6.13% after the company's subsidiaries, Premier Energies International, Premier Energies Photovoltaic has received multiple orders from various customers amounting to a total value of Rs 765 crore. Hathway Cable & Datacom jumped 4.08% after the company's consolidated net profit jumped 28.61% to Rs 25.80 crore in Q2 FY25 as compared with Rs 20.06 crore in corresponding quarter last year. Revenue increased 5.98% YoY to Rs 512.74 crore in Q2 FY25 as compared with Rs 483.79 crore in Q2 FY24. Global Markets: Asian stocks advanced on Monday, as investors assessed China's weekend press briefing and awaited a slew of economic data this week from the region. China's finance ministry detailed plans for increased government debt issuances and support for provincial governments. However, the lack of specific details, particularly regarding the scale and timing of the measures, caused some disappointment. Analysts expressed concerns about the potential for a significant increase in government debt. Economic data from China highlighted ongoing weakness. China's consumer price index (CPI) rose 0.4% from a year earlier last month, against a 0.6% rise in August. CPI was unchanged month-on-month, versus a 0.4% gain in August and below an estimated 0.4% increase. Meanwhile, the producer price index (PPI) fell 2.8% year-on-year in September, versus a 1.8% decline the previous month. Asian markets drew support from the positive performance of US stocks on Friday. The S&P500 rose 0.61% to a record high of 5,815.03 points, while the Dow Jones surged nearly 1% to a record high of 42,863.86 points. The Nasdaq lagged, rising 0.3% to 18,342.94 points. Positive earnings from major banks helped investors look past questions over whether the Federal Reserve will cut interest rates in November. The Producer Price Index (PPI) for final demand in the US rose 1.8% on a yearly basis in September. This reading followed the 1.9% increase recorded in August. The US consumer price index for all urban consumers rise by 0.2% month on month (MoM) on a seasonally-adjusted basis in September, the same rise as in August and July. This week, investors will focus on additional third-quarter earnings reports and statements from Federal Reserve officials. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Premier Energies jumps after arm bags multiple orders aggregating to Rs 765 cr

The company has received orders from 8 domestic customers and 1 foreign customer. The said order comprises Rs 632 crore for solar modules and Rs 133 crore for solar cells. The supply of modules & cells are scheduled to be commenced in July 2025. Premier Energies is an integrated manufacturer of solar PV cells and solar modules, including custom-made modules for specific applications. The company's consolidated net profit surged 532.49% to Rs 198.16 crore in Q1 FY25 as compared with Rs 31.33 crore in Q1 FY24. Net sales stood at Rs 1,657.37 crore, up 171.25% as compared with Rs 611.02 crore in Q1 FY24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Premier Energies bags orders of Rs 765 cr through its subsidiaries

Premier Energies International and Premier Energies Photovoltaic, both subsidiaries of Premier Energies, have received and accepted multiple orders from various customers amounting to a total value of Rs 765 crore. These orders comprise Rs 632 crore for solar modules and Rs 133 crore for solar cells. The supply of these modules is scheduled to commence in July 2025Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Premier Energies spurts after bagging orders worth Rs 217 cr

This initiative falls under Component-B of PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) Scheme aimed at ensuring energy security for farmers in India The order includes supply, installation, and commissioning with 5 years comprehensive warranty of 8,085 solar water pumping systems in Uttar Pradesh (AP). The said order is worth Rs 217 crore and it will be completed on or before March 2025. The shares of Premier Energies entered the stock market on 3 September 2024. The scrip was listed at Rs 991, a premium of 120.22% to the issue price, Rs 450 per share. Premier Energies is an integrated manufacturer of solar PV cells and solar modules, including custom-made modules for specific applications. The company's consolidated net profit surged to Rs 198.16 crore in Q1 FY25 as compared with Rs 31.33 crore in Q1 FY24. Net sales stood at Rs 1,657.37 crore, steeply higher than Rs 611.02 crore in Q1 FY24. Powered by Capital Market - Live

3 months agoCapital Market - Live