Premier Energies Limited · NSE:PREMIERENE
Premier Energies — Q1 FY2026 Earnings Presentation
35 slides from Premier Energies's earnings presentation, Jul 26, 2025
Slide 1: Stock exchange filing cover letter
Ref: PEL 35/ 2025-26 Date: July 26, 2025 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: 5
Slide 2: Q1 FY 2026 Results Earnings Call
PREMIER ENERGIES LIMITED Q1 FY 2026 Results Earnings Call 26 July 2025
Slide 3: Disclaimer
About Us 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, fairn
Slide 4: Key highlights
About Us Key highlights Q1 FY 2026 results Strong capital base Target annual capacity by FY 2028 Revenue Cells Modules 18,695 INR Mn Total Debt / Equity 10 GW 11GW 0.49 Aluminum frames EBITDA Ingots and wafers 5,971 INR Mn 10 GW 36,000 MT Net Debt PAT -10,570 INR Mn BESS cell-pack and Inverters 3,07
Slide 5: Agenda
AG E N DA 01 About Us 02 Industry Highlights 03 Business Updates 04 Financial Performance 05 Sustainability and ESG 4
Slide 6: About Us
ABOUT US
Slide 7: 30 years of solar manufacturing excellence
About Us 30 years of solar manufacturing excellence Capacity IPO expansion Capacity Fresh capital Equity expansion raise of INR investment 12.9 Bn First cell line INR 1.8 Bn by First GEF Capital module line Incorporation Capacity Capacity Capacity Capacity Cell 75 MW Cell 500 MW Cells 2,000 MW Cell
Slide 8: Leading Indian manufacturer of cells and modules
About Us Leading Indian manufacturer of cells and modules Amongst the largest integrated One of the first 30 years cell-module manufacturers in India Indian companies to produce TOPCon cells of successful manufacturing track record ALMM, DCR and BIS compliant Nearly 100% market share Top Performer m
Slide 9: Mission 2028
About Us Mission 2028 To become India’s leading provider of cleantech solutions with a portfolio of complementary products Transition to TOPCon Backward integration technology Entry into allied products 10 GW+ integrated capacity Solar inverters BESS solutions Aluminium frames Ingots Wafers Cells Mo
Slide 10: Building competitive advantage
About Us Building competitive advantage Scale 1 Expansion to 10 GW+ integrated solar manufacturing capacity maintaining leadership in the sector Vertical integration 2 Full integration across ingots-wafers-cells-modules plus a portfolio of allied cleantech products Technology expertise 3 Moving to l
Slide 11: Industry Highlights
Premier Energies INDUSTRY HIGHLIGHTS
Slide 12: Growing demand in India and worldwide
Industry Highlights Growing demand in India and worldwide Solar PV installed capacity, GW Power generation capacity addition in India from FY 2025-2032, GW 886 Biomass Coal 5 42 Nuclear Wind 12 609 76 Large Hydro 15 392 432 321 306 255 253 GW 204 204 175 168 163 138 137 131 118 113 102 96 94 94 90 8
Slide 13: Strong policy tailwinds for solar sector
Industry Highlights Strong policy tailwinds for solar sector Demand-side support Supply-side support Renewable Purchase Obligation Solar park scheme RPO target for DISCOMs and bulk users rising from 29.9% in 37.7 GW land and transmission infrastructure for project FY 2025 to 43.3% in FY 2030 develop
Slide 14: Attractive growth prospects for solar manufacturing
Industry Highlights Attractive growth prospects for solar manufacturing Make in India incentives Growing demand Solar capacity addition in India, GW AC Production Linked Incentives INR 240 Bn incentives for 48.3 GW integrated capacity 12,000 Import Duties ALMM-I implementation 10,000 from April 2024
Slide 15: Strong demand visibility for DCR modules
Industry Highlights Strong demand visibility for DCR modules ALMM-cell applicable to ALMM-cell applicable to ALMM-cell already applicable projects completed from projects auctioned from 9 June 2026 onwards Dec 2024 onwards PM-Surya Ghar PM-KUSUM CPSU Corporate rooftop Utility scale solar Yojana Yoja
Slide 16: Key sector developments
Industry Highlights Key sector developments ISTS waiver extended for storage projects BESS projects commissioned by June 2028 and pumped-storage projects awarded by June 2028 to get 100% ISTS waiver for 12 years and 25 years respectively; waiver to be phased out in 25% increments over subsequent thr
Slide 17: Business Updates
BUSINESS UPDATES 16
Slide 18: Completion of new state-of-the-art cell and module plants
Business Updates Completion of new state-of-the-art cell and module plants 1.4 GW module plant at Hyderabad 1.2 GW TOPCon cell plant at Hyderabad Commissioned in May 2025 Commissioned in June 2025 17
Slide 19: Progress on key projects
Business Updates Progress on key projects 2.0 GW wafer manufacturing plant 4.8 GW cell manufacturing plant 5.6 GW module manufacturing plant Naidupeta, Andhra Pradesh Naidupeta, Andhra Pradesh Seetharampur, Telangana ✓ Land acquisition completed ✓ Land acquisition completed ✓ Land acquisition comple
Slide 20: Progress on key projects
Business Updates Progress on key projects BESS cell-pack and container solutions String inverter manufacturing line 6 GWh by June 2026; another 6 GWh by March 2027 1 million inverters (3 GW) annual capacity by March 2026 • Acute market need • Growing demand with improving market eco-system and • Tec
Slide 21: Order book
Business Updates Order book As on 30 June 2025 Split by value Order book, INR Mn EPC, 0.6% 5,545 Cell, 39% 84,456 19,778 86,027 MW Module, -18,207 60% Split by geography Export 0% 86,027 INR Mn Domestic Order Book Volume New Order book value Mar' 25 Sold Bookings value Jun' 26 100% 20
Slide 22: Other business updates
Business Updates Other business updates Rating upgrade Certification Award Long-term facilities upgraded to A/Positive Recognized as the Best from A-/ Positive Awarded ‘Top Performer’ in Industry – Energy, Oil & rating by KIWA Gas by Great Place to Short-term facilities Work upgraded to A1 from A2+
Slide 23: Certifications and awards
Business Updates Certifications and awards 2025 2025 2025 2025 CII award for Recognized among Financial deal of Best in industry in the manufacturing India’s 500 most the year energy, oil & gas sector excellence valuable companies 2024 2024 2023 2023 Leading RE Star labelling Environmental Best ESG
Slide 24: Financial Performance
FINANCIAL PERFORMANCE 23
Slide 25: Operational performance and revenues
Financial Performance Operational performance and revenues Capacity utilisation Revenue from operations, INR Mn +9.9% YOY Cells Modules +12.3% QOQ 96% 95% 18,207 94% 17,133 16,574 16,208 82% 15,272 77% 81% 74% 75% 77% 69% Q1 FY Q2 FY Q3 FY Q4 FY Q1 FY Q1 FY Q2 FY Q3 FY Q4 FY Q1 FY 2025 2025 2025 202
Slide 26: Profitability
Financial Performance Profitability Operating EBITDA, INR Mn PAT, INR Mn +53.0% YOY +55.3% YOY +3.7 % QOQ +10.8% QOQ 16.5% 16.5% 6,800 30.0% 32.6% 30.1% 3,500 14.6% 13.3% 3,078 15.0% 30.0% 5,800 24.9% 5,285 5,483 3,000 11.9% 2,778 5,135 2,552 21.6% 25.0% 2,500 4,800 10.0% 3,805 20.0% 1,982 2,059 3,8
Slide 27: Revenue mix
Financial Performance Revenue mix Revenue mix by geography Revenue mix by business 4% 7% 4% 6% 2% 61% 69% 70% 74% 91% 94% 77% 100% 97% 99% 35% 27% 24% 23% 16% 9% 3% 6% 1% Q1 FY Q2 FY Q3 FY Q4 FY Q1 FY Q1 FY Q2 FY Q3 FY Q4 FY Q1 FY 2025 2025 2025 2025 2026 2025 2025 2025 2025 2026 Exports Domestic sa
Slide 28: Other financial indicators
Financial Performance Other financial indicators Net debt, INR Mn Total debt to equity 4,679 1.43 0.69 0.62 0.55 -4,971 0.49 -8,252 -9,919 -10,570 Q1 FY Q2 FY Q3 FY Q4 FY Q1 FY Q1 FY Q2 FY Q3 FY Q4 FY Q1 FY 2025 2025 2025 2025 2026 2025 2025 2025 2025 2026 Note: Net debt equals total debt less cash
Slide 29: Consolidated P&L
Financial Performance Consolidated P&L Amount (INR Mn) Q1 FY26 Q1 FY25 Y-O-Y Q4 FY25 Q-O-Q Revenue from Operations 18,207.42 16,573.67 9.86% 16,208.35 12.33% Other Income 487.78 114.23 327.02% 594.88 -18.00% Total Income 18,695.20 16,687.90 12.03% 16,803.23 11.26% Cost of materials consumed 9,556.65
Slide 30: Sustainability and ESG
S U S TA I N A B I L I T Y A N D E S G 29
Slide 31: Sustainability goals
Sustainability and ESG Sustainability goals Adoption of UN Sustainable Development Goals (7/17) 30
Slide 32: Sustainability goals
Sustainability and ESG Sustainability goals 38% Zero Liquid Discharge Avoided emission of Certified Great Place to Female employees Recycle 75% of water 13 MMTCO2e in Q1 FY Work for the fourth year on shop floor Reuse 80% of water 2026 by supply of in a row recycled modules & cells 25% Total green j
Slide 33: Sustainability goals
Sustainability and ESG Sustainability goals India’s first LEED gold rated Zero waste to land fill Adopted 9.74 acres for greenbelt solar manufacturing facility development certification by US Green Traceable and audited Building Council GHG emission accounting sourcing process implemented for scope
Slide 34: Empowering communities
Sustainability and ESG Empowering communities In partnership with Rotary Club 100 smart classrooms to Installation of clean drinking create technologically water facility for public use advanced learning across in Telangana Telangana Prenatal diagnosis for Installation of rooftop solar Thalassemia i
Slide 35: Thank you!
Thank you! PREMIER ENERGIES LIMITED CIN: L40106TG1995PLC019909 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