Synopsis:
Premier Energies Ltd is in focus after receiving an export order worth USD 19.95 million to supply solar power systems.
A mid-cap company specialized in manufacturing integrated solar cells and solar panels, is in the spotlight today after receiving an export order worth USD 19.95 million to supply and install solar power systems in Benin, West Africa.
With the market capitalization of Rs. 45,978.99 crore, the shares of Premier Energies Ltd is trading at Rs. 1,020, down by 0.81 percent from its previous day’s close price of Rs. 1,028.35 per equity share
Work Order
Premier Energies Limited has secured contracts worth USD 19.95 million to supply and install solar power systems in Benin, West Africa. The projects include 750 rooftop solar systems for police stations, schools, health centres, and border surveillance units, over 4,400 solar streetlights, and 650 solar water heaters.
These initiatives, part of Benin’s national program for sustainable energy, will be executed in collaboration with the General Directorate of Energy Planning and Rural Electrification under the Ministry of Energy, Water and Mines. As of June 2025, the company’s order book stands at Rs. 8602.7 crore (5,545 MW).
According to Chiranjeev Saluja, MD & CEO of Premier Energies, the contract highlights the company’s operational strength and global competitiveness, and the projects will promote community safety, healthcare, education, and renewable energy in Benin.
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About the Company & Financials
Premier Energies Limited, headquartered in Hyderabad and established in 1995, produces and sells integrated solar cells and modules in India, including bifacial monocrystalline PERC cells, monofacial modules, and customized panels.
The company also offers EPC services for solar projects, transmission line and substation upgrades, and solar products such as water pumps, lighting systems, and e-vehicles, while developing its own solar power projects.
In Q1 FY26, the company reported revenue of Rs. 1,821 crore, up 9.9 percent YoY from Rs. 1,657 crore in Q1 FY25 and 12.3 percent QoQ from Rs. 1,621 crore in Q4 FY25. Profit grew 55.6 percent YoY to Rs. 308 crore from Rs. 198 crore in Q1 FY25 and 10.8 percent QoQ from Rs. 278 crore in Q4 FY25, reflecting strong quarter-on-quarter and year-on-year performance.
At the moment, the company’s P/E ratio is 45x higher as compared to its industry P/E 40.1x. The company’s ROE and ROCE are 53.6 percent and 41.1 percent respectively, and the D/E ratio of 0.69, indicates the company’s financial performance.
Written by Akshay Sanghavi
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