Premier Energies Reports Strong FY26 Growth

: Premier Energies reported strong FY26 financial performance, with revenue rising 20.7% to ₹7,824 crore, EBITDA increasing 35% to ₹2,579 crore and PAT surging 61% to ₹1,510 crore. Profitability ratios also remained strong, with ROCE at 33.5% and ROE at 42%, reflecting healthy returns on capital and equity. The company is expanding upstream into ingots and wafers, with a planned 10 GW capacity at Naidupeta, as it moves toward becoming a more vertically integrated solar module manufacturer. Premier Energies is also entering the battery energy storage segment with a targeted 12 GWh business, while expanding its transformer division. The combination of strong FY26 earnings, upstream integration and diversification into BESS and transformers provides multiple potential growth avenues. Capacity expansion and vertical integration could also improve supply-chain control as the domestic renewable-energy ecosystem continues to scale. Stock Commentary – Premier Energies PREMIERENE – HIGHLY POSITIVE (9/10): FY26 revenue grew 20.7%, EBITDA 35% and PAT 61%, supported by strong ROCE/ROE. Expansion into 10 GW ingot-wafer capacity, 12 GWh BESS and transformers provides multiple long-term growth drivers and strengthens vertical integration.