PREMIER ENERGIES Results Analysis-Q4FY26

$PREMIERENE Operating Revenue for Q4FY26 is Rs. 2,230 Crs. 37.6% growth YoY, Total Income is Rs. 2,269 Crs., 35% growth YoY, Gross Profit is Rs. 894 Crs., 32.08% growth YoY, EBITDA is Rs. 713 Crs., 21.33% growth YoY, However, EBITDA Margin is 31.44% declined by 355 Basis points YoY, PBT Rs. 598 Crs. 62.42% growth YoY, PAT Rs. 457 Crs. 64.44% growth YoY. On QoQ basis Op. Revenue is up by 3.92%, Total Income is up by 6.95%, Gross Profit is up by 13.57%, EBITDA is up by 15.16%, PBT is up by 23.16% and PAT is also up by 28.5%. Order book at record: INR 14,010 cr, +66% YoY. Management framed this as consistent with broader market acceleration. Near-term demand catalyst: ALMM-2 implementation (June 1) expected to trigger immediate private-market shift and “rush” order placements; management believes no further extension. Capacity execution is the core risk/driver: 5.6 GW module plant ramp in ~2 months; 7 GW cell line staged commissioning (June/Sept) with 4–6 month stabilization. stated leverage ceilings (D/E ~1x; ND/EBITDA ≤1.5x) while acknowledging debt will rise during the capex cycle. Board approval for INR 5,000 cr fundraising is described as purely “an enabling resolution.”