PREMIER ENERGIES Results Analysis-Q3FY26

Operating Revenue for Q3FY26 is Rs. 1,936 Crs., 13.02% growth YoY, Total Income is Rs. 1,966 Crs., 12.39% growth YoY, EBITDA is Rs. 593 Crs., 15.52% growth YoY, EBITDA Margin is 30.63% Improved by 66 Basis points YoY, PBT Rs. 505 Crs, 43.94% growth YoY, PAT Rs. 392 Crs, 53.44% growth YoY. On QoQ basis Op. Revenue is up by 5.42%, Total Income is up by 2.33%, EBITDA is up by 5.77%, PBT is up by 8.12%, PAT is also up by 10.8%. Module Production in Q3FY26 is 956 MW 44% growth YoY, Cell Production in Q3FY26 is 593 MW, 29% growth YoY. Total Order book as on 31st Dec-2025 Rs. 13,724 Cr., 3.6% growth QoQ. Completed brownfield expansion: +400 MW cell and +350 MW module capacity, achieved at “relatively low capex.” Major Updates : (1) rapid ramp-up of TOPCon (G12R) and major capacity additions over the next four quarters, (2) commencement of upstream integration (10 GW ingot/wafer) with capex contingent on policy clarity, (3) diversification via transformers (Transcon) scaling and BESS assembly entry.