Premier Energies Ltd
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.[1]
- Market Cap ₹ 58,438 Cr.
- Current Price ₹ 1,296
- High / Low ₹ 1,388 / 802
- Stock P/E 253
- Book Value ₹ 51.0
- Dividend Yield 0.00 %
- ROCE 25.2 %
- ROE 43.7 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 25.4 times its book value
- Debtor days have increased from 52.4 to 70.7 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Part of BSE IPO
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
947 | 701 | 743 | 1,429 | 3,144 | |
853 | 648 | 713 | 1,350 | 2,666 | |
Operating Profit | 94 | 54 | 30 | 78 | 478 |
OPM % | 10% | 8% | 4% | 5% | 15% |
19 | 35 | 25 | 36 | 29 | |
Interest | 35 | 22 | 43 | 69 | 121 |
Depreciation | 17 | 12 | 28 | 53 | 96 |
Profit before tax | 61 | 56 | -16 | -8 | 289 |
Tax % | 26% | 54% | -8% | 72% | 20% |
45 | 26 | -14 | -13 | 231 | |
EPS in Rs | 1.50 | 0.94 | -0.55 | -0.49 | 8.78 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 65% |
TTM: | 120% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 119% |
TTM: | 1656% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 16% |
Last Year: | 44% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 25 | 25 | 26 | 26 | 26 | 45 |
Reserves | 206 | 197 | 368 | 385 | 620 | 2,254 |
256 | 347 | 455 | 765 | 1,402 | 1,257 | |
342 | 406 | 491 | 934 | 1,489 | 1,735 | |
Total Liabilities | 828 | 975 | 1,340 | 2,110 | 3,537 | 5,291 |
263 | 425 | 479 | 592 | 1,203 | 1,203 | |
CWIP | 21 | 0 | 114 | 349 | 20 | 25 |
Investments | 6 | 9 | 55 | 59 | 9 | 184 |
538 | 541 | 693 | 1,110 | 2,305 | 3,879 | |
Total Assets | 828 | 975 | 1,340 | 2,110 | 3,537 | 5,291 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
-66 | 237 | 5 | 37 | 90 | |
-56 | -353 | -218 | -304 | -447 | |
134 | 109 | 279 | 252 | 549 | |
Net Cash Flow | 13 | -7 | 66 | -16 | 192 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 74 | 84 | 71 | 15 | 71 |
Inventory Days | 56 | 44 | 135 | 197 | 157 |
Days Payable | 76 | 114 | 168 | 124 | 152 |
Cash Conversion Cycle | 55 | 14 | 38 | 88 | 76 |
Working Capital Days | 78 | 28 | 32 | -8 | 47 |
ROCE % | 13% | 4% | 6% | 25% |
Documents
Announcements
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Regulation 30 Of The SEBI (LODR) Regulations, 2015
1d - Notice of penalty for delay in disclosure compliance.
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Announcement Under Regulation 30 Of SEBI (LODR) Regulation, 2015.
13 Dec - Approval for 1 GW Solar Module manufacturing facility.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
25 Nov - Premier Energies received orders worth INR 1087 Crore.
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Announcement under Regulation 30 (LODR)-Credit Rating
13 Nov - CRISIL upgrades Premier Energies' credit ratings to A-/Positive.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 12 Nov
Concalls
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Nov 2024Transcript PPT
Market Leadership[1] As of FY24, Premier Energies is India’s second largest integrated solar cell and solar module manufacturer and India’s second largest solar cell manufacturer with an aggregate annual installed capacity of 2 GW for solar cells and 3.36 GW for solar modules.