Premier Energies Limited · NSE:PREMIERENE
Premier Energies — Q4 FY2026 Earnings Presentation
36 slides from Premier Energies's earnings presentation, May 15, 2026
Slide 1: Exchange filing cover letter
Ref: PEL 15/2026-27 Date: May 15, 2026 To To The Secretary The Manager, BSE Limited Listing Department Phiroze Jeejeebhoy Towers, National Stock Exchange of India Limited Dalal Street, Exchange Plaza, C-1, G Block, Bandra-Kurla Mumbai - 400001 Complex, Bandra (East), Mumbai – 400 051 Scrip Code: 544
Slide 2: Q4 FY 2026 & FY 2026 Results
Q4 FY 2026 & FY 2026 Results 15 May 2026
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and r
Slide 4: Key Highlights
Key Highlights Record revenues and profits | Strong financial position | Product and technology leadership Cell Capacity FY 2026 Q4 FY 2026 Total Debt / Equity Revenue Revenue 0.86 3.6 GW → 10.6 GW 80,259 NR Mn 22,689 INR Mn Total Debt / EBITDA Module Capacity + 20.7% YOY + 15.4% QOQ 1.40 11.1 GW EB
Slide 5: Consistent growth track record
Key Highlights Consistent growth track record Total Revenue EBITDA PAT Cell production Module production INR Mn INR Mn INR Mn MW MW 15,097 2,268 80,259 3,570 25,787 66,521 19,142 1,611 2,431 9,371 31,713 769 1,047 14,632 5,053 2,314 488 7,670 228 1,129 110 234 537 -144 -133 FY FY FY FY FY FY FY FY F
Slide 6: Agenda
AG EN D A 01 Company background 02 Industry highlights 03 Business updates 04 Sustainability and ESG 05 Financial performance 5
Slide 7: Company Background
Premier Energies COMPANY BACKGROUND
Slide 8: 30+ years of solar manufacturing excellence
Company Background 30+ years of solar manufacturing excellence Capacity expansion and Capacity EPC business expansion plus JV IPO BESS, inverter Fresh Capacity and capital raise transformer expansion INR 1.8 Bn of INR 12.9 foray Equity Bn First cell line investment First module line Incorporation Ca
Slide 9: On the way to achieving Mission 2028
Company Background On the way to achieving Mission 2028 To become India’s leading provider of cleantech solutions with a portfolio of complementary products Vertically integrated capacity of 10 GW+ Portfolio of allied products Solar inverters BESS solutions Ingots Wafers Cells Modules Transformers D
Slide 10: Wide-ranging recognition in the industry
Company Background Wide-ranging recognition in the industry 2026 2026 2026 2026 CII National EHS Ranked 13 in Terawatt United Nations Global Best in Industry in the Excellence Award PV’s top 100 global Compact Initiative Energy, Oil & Gas Sector 2025 - Bronze Winner module manufacturers Participant
Slide 11: Industry Highlights
I N DU STRY H IG H LI G HTS I N DU STRY H IG HLI G HTS 10
Slide 12: Record capacity addition in FY 2026
Industry Highlights Record capacity addition in FY 2026 Estimated annual module demand of 60 GW Solar capacity addition FY 2026 capacity addition Demand momentum beyond FY 2026 MW AC GW AC • Over 60 GW solar and 20 GW hybrid projects under development (signed 44,614 PPAs) 15.0 Utility scale • Policy
Slide 13: Compelling long-term fundamentals
Industry Highlights Compelling long-term fundamentals Solar seen as vital pillar for national energy security and independence Good for the Country Amitabh Kant, ex-NITI Aayog CEO, 27 March 2026 Unlimited Domestic India must accelerate its renewable energy (RE) ambition and move from Environment nat
Slide 14: Soaring BESS demand
Industry Highlights Soaring BESS demand Total estimated demand by 2036 Tender status Policy drivers 31 March 2026 VGF support for 43.8 GWh capacity 321 Open tenders INR 91.6 Bn capital subsidy for 43.8 GWh capacity with minimum 20% domestic content requirement GWh 22 GWh ISTS waiver for co-located B
Slide 15: Policy shift to upstream manufacturing
Industry Highlights Policy shift to upstream manufacturing Ingot Wafer Cell Module ALMM implementation timeline 2025 2026 2027 2028 • Clear roadmap for 100% domestic manufacturing for cells and ingots-wafers • Total investment requirement estimated at about INR ALMM-II (Cells) utility scale projects
Slide 16: Attractive international opportunity
Industry Highlights Attractive international opportunity 80 45 GW GW Demand Demand pa pa • Target to reduce fossil fuel dependence with 100 GW RE • Tax credits of US 4 cents/ W for solar cells and 7 cents/ W for modules until 2029 with gradual phase-out by and 200 GW storage capacity addition annual
Slide 17: Business Updates
BU SI NESS U PDAT ES 16
Slide 18: Commissioned - 5.6 GW module manufacturing facility
Business Updates Commissioned - 5.6 GW module manufacturing facility Total module manufacturing capacity increased to 11.1 GW • Fully automated production lines with capability to produce four modules every 16 seconds • TOPCon technology integrated with Zero Busbar architecture for superior performa
Slide 19: Cell and ingot-wafer expansion on track
Business Updates Cell and ingot-wafer expansion on track 7 GW cell manufacturing plant Naidupeta, Andhra Pradesh ✓ Civil work complete ✓ Machinery received on site; installation work in progress ✓ Project completion on track - 4.8 GW by June 2026; 2.2 GW by September 2026 External view of upcoming c
Slide 20: Other businesses
Business Updates Other businesses BESS containers Aluminium frames ✓ 6 GWh capacity planned in first phase by ✓ 18,000 MTPA capacity planned in first March 2027 phase by March 2027 ✓ Land acquired, civil work started ✓ Land acquired, civil work started ✓ Technology partner tie-up in progress ✓ Equip
Slide 21: Transcon – 51% acquisition completed
Business Updates Transcon – 51% acquisition completed • 4.25 GVA capacity (up to 132 kV) commissioned in March 2026; total operational capacity of 6.75 GVA • Extensive range of LV, MV and IDT transformers • Current orderbook - INR 2,314 Mn (22% export share) Financial Performance FY 2025 FY 2026 una
Slide 22: Transcon – Neotrafo plant construction in advanced stages
Business Updates Transcon – Neotrafo plant construction in advanced stages 10 GVA capacity – HV and EHV transformers up to 400 kV – expected COD July 2026 21
Slide 23: Order book
Business Updates Order book As on 31 March 2026 Split by value Order book INR Mn EPC, 0% 9,383 Module, 42% Product 137,235 24,616 140,100 MW Cell, 58% -21,751 Export 0% 140.1 Domestic Geography INR Bn 100% Order book Sales New Order book Dec-2025 orders Mar-2026 Note: All numbers are rounded off to
Slide 24: Production
Business Updates Production Quarterly production Annual production Effective capacity utilisation MW MW Cells Modules Cells Modules Cells Modules 3,570 95% 94% 961 956 918 83% 84% 79% 735 722 2,431 670 2,268 79% 78% 593 75% 77% 73% 507 1,611 453 447 Q4 FY Q1 FY Q2 FY Q3 FY Q4 FY FY 2025 FY 2026 Q4 F
Slide 25: Building competitive edge
Business Updates Building competitive edge Scale & Vertical Integration 1 10 GW integrated ingot-wafer-cell-module capacity, expansion into BESS, inverters and transformers Technology Expertise 2 Early adopter of next-generation cell technologies like TOPCon G12R and zero-busbar, all-black modules F
Slide 26: Sustainability and ESG
S U S TA I N A B I L I T Y A N D ES G 25
Slide 27: Scaling up ESG performance
Sustainability and ESG Scaling up ESG performance Our first Sustainability Report Key activities UN SDG goals Completed Maturity assessment Double materiality assessment GHG inventory measurement Adoption of an ESG framework guide “Our sustainability efforts extend beyond Underway manufacturing exce
Slide 28: Progress on the ESG framework
Sustainability and ESG Progress on the ESG framework 30% female employees in plants Zero Liquid Discharge Recycle 100% of water used, no waste 9,220 green jobs to landfill People Planet 40,000+ hours employee training Centric Positive 35 million litre rain water harvesting capacity Certified Great P
Slide 29: Empowering communities
Sustainability and ESG Empowering communities Commissioned 50 kW rooftop Installed 60 kW rooftop solar solar plant at Thalassemia Sickle plant at Bhagawan Mahavir Cell Care Centre to support Dialysis Centre, supporting clean energy for healthcare clean energy for healthcare Supported inauguration of
Slide 30: Financial Performance
F INA NC IA L PERF ORM A NCE
Slide 31: Financial performance
Financial Performance Financial performance Annual revenue Quarterly revenue Revenue mix by Revenue mix by INR Mn INR Mn geography business +21% YOY +15% QOQ +35% YOY 80,259 22,689 6% 2% 5% 3% 2% 66,521 19,661 16,803 70% 74% 72% 75% 94% 86% 99% 99% 99% 100% 31,713 24% 23% 24% 22% 12% 6% Q4 FY Q1 FY
Slide 32: Financial performance
Financial Performance Financial performance Annual Op. EBITDA Quarterly Op. EBITDA Annual PAT Quarterly PAT INR Mn INR Mn INR Mn INR Mn +33% YOY +14% QOQ +61% YOY +17% QOQ +28% YOY +65% YOY 30.4% 18.8% 30.6% 30.2% 19.9% 20.1% 27.3% 32.6% 16.5% 4,568 14.1% 15,097 3,916 6,748 15.2% 23,772 5,932 5,285
Slide 33: Other financial indicators
Financial Performance Other financial indicators Net debt Net Working Capital Total D-E INR Mn Days 83 10,464 0.86 3,867 FYE 2026 77 72 Net Debt/ EBITDA -9,919 0.41 Q4 FY 2025 Q3 FY 2026 Q4 FY2026 FY 2024 FY 2025 FY 2026 FYE 2026 Note: Net debt equals total debt less cash and bank balances. All numb
Slide 34: Consolidated P&L
Financial Performance Consolidated P&L Amounts, INR Mn Q4 FY 2026 Q4 FY 2025 Y-O-Y Q3 FY 2026 Q-O-Q FY 2026 FY 2025 Y-O-Y Revenue from operations 22,303.03 16,208.35 37.6% 19,364.64 15.17% 78,243.74 65,187.45 20.03% Other income 385.98 594.88 -35.12% 296.55 30.16% 2,015.32 1,333.41 51.14% Total Inco
Slide 35: Consolidated balance-sheet & cash flow statements
Financial Performance Consolidated balance-sheet & cash flow statements Amounts, INR Mn FYE 2026 FYE 2025 Shareholders' Funds 43,077.16 28,221.06 Non-controlling Interest 26.46 - Non-Current Liabilities 33,331.47 12,358.61 Current Liabilities 32,013.54 27,834.35 Total Liabilities 108,448.63 68,414.0
Slide 36: Thank you!
Thank you! PREMIER ENERGIES LIMITED CIN: U40106TG1995PLC019909 Corporate office Production facilities 8th floor, Orbit Tower 1, Sy. No. 83/1, Plot No. 8/B/1&2, E-City, (Fab City) Maheshwaram Hyderabad Knowledge City, TSIIC, Mandal, Raviryala Village, Ranga Reddy District, Raidurgam, Hyderabad- 50008