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Manufactures solar photovoltaic cells and modules in India, supplying utility-scale and rooftop solar projects.
Manufactures solar photovoltaic cells and modules in India, supplying utility-scale and rooftop solar projects.
Sells modules and cells to solar developers and contractors, largely on order books of a few months, so utilisation of its factories and the price of cells and modules drive results. India's approved-list rule, which lets only listed makers supply many government-backed projects, and customs duties on imports give domestic makers a protected market.
In one line: An Indian solar cell/module manufacturer.
Moat: narrow (scale, regulatory licence). Domestic manufacturing scale benefits from India's approved-list and import-duty solar policies.
Headquarters: Hyderabad, India · Founded: 1995 · Employees: 9,080
Size Premier Energies (PREMIERENE.NS) is an India Information Technology company (Semiconductors) with a market value of $4.28B, the 229th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹890.00 on 6 Nov 2026.
Performance Over six months the shares fell 12.6%, against -36.9% for the median peer and 0.0% for the India market (cap-weighted) — 5th highest of 19 in its peer set.
Growth Revenue grew 32.5% over the last twelve months (peer median +22.6%); the operating margin is 25.4% (peer median 4.2%).
Valuation It trades at 19.7× forward earnings against a peer median of 34.3× (5th cheapest of 15).
Capital Return on invested capital runs 12.2 points above its cost of capital (10.2% WACC).
Next results Next results expected around 8 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹92.6B | ₹78.2B | ₹65.2B | ₹31.4B | ₹14.3B |
| Revenue growth | — | +20% | +107% | +120% | — |
| Gross profit | ₹30.3B | ₹22.2B | ₹16.5B | ₹4.94B | ₹802M |
| EBITDA | ₹27.2B | ₹23.9B | ₹18.1B | ₹4.87B | ₹992M |
| Net income | ₹17.7B | ₹15.1B | ₹9.37B | ₹2.31B | -₹128M |
| Free cash flow | n/a | -₹17.7B | ₹6.85B | -₹4.33B | -₹2.88B |
| Capital expenditure | n/a | ₹30.0B | ₹6.20B | ₹4.51B | ₹2.76B |
| Total debt | ₹37.3B | ₹37.1B | ₹19.5B | ₹14.0B | ₹7.64B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Premier Energies PREMIERENE.NS | $4.28B | -13% | +32% | 25% | 19.7× | n/a |
| WAAREE Energies WAAREEENER.NS | $7.41B | -24% | +75% | 16% | 17.3× | n/a |
| Adani Green Energy ADANIGREEN.NS | $24.7B | +4% | +21% | 61% | 87.9× | n/a |
| Vikram Solar VIKRAMSOLR.NS | $546M | -37% | +40% | 12% | 14.0× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PREMIERENE.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.2% | -18.5% | 6th highest of 21 |
| 6-month return | -12.6% | -36.9% | 5th highest of 19 |
| Distance from 52-week high | -21.5% | -55.3% | 2nd highest of 21 |
| Revenue growth (TTM) | +32.5% | +22.6% | 7th highest of 21 |
| Operating margin | 25.4% | 4.2% | 5th highest of 21 |
| Forward P/E | 19.7× | 34.3× | 5th cheapest of 15 |
| ROIC minus cost of capital | +12.2 pp | -5.7 pp | 2nd highest of 20 |
| EV / EBITDA | 15.7× | 38.5× | 3rd cheapest of 7 |
| Net debt / EBITDA | 0.8× | 0.1× | 3rd most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Premier Energies PREMIERENE.NS | India | $4.28B | -13% | +32% | 25% | 19.7× | n/a | n/a |
| Applied Optoelectronics AAOI | United States | $4.26B | -66% | +62% | -11% | 23.5× | n/a | n/a |
| Hanwha Solutions 009830.KS | South Korea | $4.30B | -49% | +14% | 0% | 20.1× | n/a | n/a |
| Hunan Goke Microelectronics 300672.SZ | China | $4.24B | -27% | +54% | 5% | 56.9× | 46.0% | +19.7% |
| Shanghai Aiko Solar Energy 600732.SS | China | $4.23B | -13% | +25% | -8% | n/a | n/a | n/a |
| Shenzhen Goodix Technology 603160.SS | China | $4.35B | -2% | -7% | 6% | 51.0× | 26.7% | -6.8% |
| eMemory Technology 3529.TWO | Taiwan | $4.17B | -58% | +17% | 61% | 45.0× | 32.2% | +16.7% |
| Bestechnic (Shanghai) 688608.SS | China | $4.41B | +2% | -26% | 8% | 50.6× | 42.7% | +27.1% |
| Chongqing Genori Technology 688797.SS | China | $4.45B | n/a | +37% | 29% | n/a | n/a | n/a |
| MaxLinear MXL | United States | $4.48B | -51% | +56% | -1% | 12.1× | n/a | n/a |
| Jiangsu Leadmicro Nano Technology 688147.SS | China | $4.06B | -26% | -5% | 3% | 82.1× | n/a | n/a |
| Maxscend Microelectronics 300782.SZ | China | $4.51B | -47% | -6% | -25% | n/a | n/a | n/a |
| Macronix International 2337.TW | Taiwan | $4.52B | -53% | +127% | 38% | 1.8× | -7.5% | -6.2% |
| Chengdu Ultra Pure Applied Materials 301717.SZ | China | $4.03B | n/a | +93% | 42% | n/a | n/a | n/a |
| Allwinner Technology 300458.SZ | China | $4.02B | -25% | +26% | 15% | 57.3× | n/a | n/a |
| Shanghai Fudan Microelectronics 1385.HK | Hong Kong | $4.55B | -48% | +21% | 13% | 12.7× | 19.3% | +18.1% |
| Powertech Technology 6239.TW | Taiwan | $4.61B | -11% | +24% | 13% | 13.2× | n/a | n/a |
| Synaptics SYNA | United States | $4.63B | -7% | +11% | -3% | 21.6× | 34.6% | -2.2% |
| Trina Solar 688599.SS | China | $3.90B | -36% | -3% | -9% | n/a | -4.3% | +17.9% |
| Loongson Technology 688047.SS | China | $3.86B | -44% | +24% | -76% | n/a | n/a | n/a |
| Soitec SOI.PA | France | $3.79B | -38% | -34% | -6% | 141.8× | 25.0% | +0.3% |