Premier Energies Limited

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Premier Energies Limited
Company typePublic
NSE:  PREMIERENE, BSE:  544238
ISIN INE0BS701011
IndustryManufacturing Solar cell, Solar panel
FoundedApril 3, 1995
Headquarters Hyderabad , Telangana, India
Key people
Jasbir Singh Gujral, Ragunathan Kannan
ProductsSolar Cells, Solar Modules, EPC Services, O&M Solutions
Revenue₹500 crore (2023)
Number of employees
1,447
Website Official Website

Premier Energies Limited is an Indian publicly listed company specializing in the manufacturing of solar energy equipment. The company, founded in 1995, is listed on both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) with the trading symbols NSE: PREMIERENE and BSE: 544238, respectively. [1] Its ISIN code is INE0BS701011. It provides products such as Solar cell, monofacial and bifacial solar modules, and also offers services such as Engineering, Procurement, and Construction (EPC) and Operations and Maintenance (O&M) solutions. [2] [3] [4]

Contents

Overview

Premier Energies Limited was incorporated on April 3, 1995, and is headquartered in Hyderabad, Telangana, India. It operates five advanced manufacturing facilities, with an annual installed capacity of 2 GW for solar cells and 4.13 GW for solar modules. [5] [6] [7]

The company serves clients such as NTPC, TATA Power Solar Systems Limited, and Panasonic Life Solutions Private Limited. [8] [9] It exports to the United States, Hong Kong, South Africa, and various countries across Europe and Asia. [10] [11] [12]

Financial Performance

For the financial year ending March 31, 2023, Premier Energies reported operating revenues of over ₹500 crore. However, the company saw a decrease in EBITDA, reported at -112.05%. Its debt/equity ratio is at 0.10, showcasing relatively low debt levels. [13] [14]

Market Position

Premier Energies operates within the global solar energy market and aims to expand its production capacity amid the expected compound annual growth rate (CAGR) of 22.3% in the sector. Its client base and export reach contribute to its presence in the renewable energy industry. [15] [16]

See Also

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References

  1. ↑ "Premier Energies IPO: Stock fetching nearly 115% premium in unlisted market. Can it double on listing day? - CNBC TV18". CNBCTV18. 2024-09-02. Retrieved 2024-09-05.
  2. ↑ "Premier Energies unveils India's first M10 bifacial solar cell". pv magazine International. 2022-10-04. Retrieved 2024-09-05.
  3. ↑ "Solar Cell & Module Maker Premier Energies Raises ₹2 Billion from GEF Capital - Mercom India". Mercomindia.com. Retrieved 2024-09-05.
  4. ↑ "India's Premier Energies gets $ 17 m rooftop solar power generation project | Daily FT". www.ft.lk. Retrieved 2024-09-05.
  5. ↑ "Premier Energies secures 140 MW PV modules supply order for solar project in Bangladesh". pv magazine India. 2024-04-17. Retrieved 2024-09-05.
  6. ↑ www.ETEnergyworld.com. "Azure Power ties up with Premier Energies for solar cells, modules - ET EnergyWorld". ETEnergyworld.com. Retrieved 2024-09-05.
  7. ↑ Today, Telangana (2021-06-21). "Premier Energies starts production at E-City new plant". Telangana Today. Retrieved 2024-09-05.
  8. ↑ Bureau, The Hindu (2024-01-09). "Premier Energies bags ₹1,700-crore solar PV modules order from NTPC". The Hindu. ISSN   0971-751X . Retrieved 2024-09-05.{{cite news}}: |last= has generic name (help)
  9. ↑ "Business News: Read Latest Business and Finance News, Live Stock Market News And Updates, In-Depth Report On Economy & Policy, Economic and Banking News From Across The World, Technology Reviews and More". Outlook Business. 2024-07-04. Retrieved 2024-09-05.
  10. ↑ "Heliene and Premier Energies, India – Announce Joint Venture to Build a U.S.-Based Solar Cell Manufacturing Facility". Yahoo Finance. 2024-07-25. Retrieved 2024-09-05.
  11. ↑ Network, Knn India-Knowledge & News. "Heliene Partners With India's Premier Energies For 1 GW Solar Cell Plant In US". knnindia.co.in. Retrieved 2024-09-05.
  12. ↑ PR, ANI (2022-06-13). "Azure Power ties up with India's premier energies group for solar cells and modules". ThePrint. Retrieved 2024-09-05.
  13. ↑ Contributor, NDTV Profit (2024-08-30). "Premier Energies IPO Allotment To Be Finalised Today; Steps To Check Status Provided Here". NDTV Profit. Retrieved 2024-09-05.{{cite web}}: |last= has generic name (help)
  14. ↑ BL, Team (2024-09-03). "Premier Energies IPO listing, Premier Energies Share Price Updates 04 Sep 2024: Premier Energies stock closes flat after gaining 3% in early trade on Wednesday". BusinessLine. Retrieved 2024-09-05.
  15. ↑ "New listing Premier Energies shares jump 16% on winning ₹215 crore order in Uttar Pradesh - CNBC TV18". CNBCTV18. 2024-09-05. Retrieved 2024-09-05.
  16. ↑ "We are looking at an expansion plan of 1 GW of TOPCon cell line: Surender Pal Singh, Premier Energies - Saur Energy International". www.saurenergy.com. Retrieved 2024-09-05.


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