PREMIER ENERGIES LIMITED Results Analysis-Q1FY27

Financial performance and key Operating Metrics (Consolidated) : Operating Revenue for Q1FY27 is Rs. 2,463 Crs., 35.25% growth YoY, Total Income is Rs. 2,508 Crs., 34.13% growth YoY, Gross Profit is Rs. 948 Crs., 34.63% growth YoY, EBITDA is Rs. 714 Crs., 30.29% growth YoY, But EBITDA Margin is 29.01% declined by 110 basis points YoY, PBT Rs. 620 Crs., 53.96% growth YoY, PAT Rs. 472 Crs. 53.33% growth YoY. On QoQ basis Operating Revenue is up by 10.42%, Total Income is also up by 10.52%, EBITDA is up by 5.85%, PBT is up by 3.77% and PAT is also up by 3.3%. Q1 order wins: INR 3,011 cr (cells + modules), taking total order book to INR 15,000 cr (including transformers). Delivery phasing: “at least about 40%–45%” of the total order book will go into FY28. 7.6 GW fully automated module plant (Seetharampur) is operational. 7 GW TOPCon cell line (Naidupeta/Tirupati as referenced) in advanced commissioning; trial runs expected “later this month.” First revenues targeted in September; ramp to 50–60% utilization by November; targeted ~70% utilization by the March quarter. Transformers (Transcon) : Capacity expansion highlighted: from 4 GVA to 16.25 GVA by FY28 (and discussion of moving into HV/EHV). Strategic thrusts : Shift to higher-value HV/EHV, Exports targeted (North America, Europe, Africa) described as “pretty large”. Growth expectation: transformer business to “treble over the next three years.” BESS manufacturing plan: 12 GWh total; Phase 1: 6 GWh, Status: land acquired; construction started.