ScoutQuest4 Nov 2026
Premier Energies544238Quarterly results

Premier Energies Q2 FY27: revenue up 43.3% to INR 26,318.52 Mn, PAT up 30.8%

Q2 FY27 revenue up 43.3% YoY to INR 26,318.52 Mn, PAT up 30.8%; operational EBITDA margin slips to 27.96% from 30.53%.

By ScoutQuest · · 1 min read

27.96%−2.57 pp
Q2 FY202630.53%Q2 FY202727.96%
Operational EBITDA margin: 30.53% (Q2 FY2026) and 27.96% (Q2 FY2027). A difference of 2.57 percentage points.
Q2 FY27 Revenue from Operations
INR 26,318.52 Mn, up 43.3% YoY
Q2 FY27 PAT
INR 4,623.86 Mn, up 30.8%
Operational EBITDA Margin
27.96%, down from 30.53% a year earlier
Period
Q2 FY 2027 (quarter ended 30 Sep 2026)
Positioning
The company calls itself the largest cell-module integrated manufacturer in the country, citing three decades of manufacturing experience and, it says, amongst the lowest capital and operating costs in the industry.

📉 Q2 FY 2027 consolidated revenue from operations was INR 26,318.52 Mn, up 43.3% year on year, with PAT of INR 4,623.86 Mn, up 30.8%, and operational EBITDA of INR 7,357.61 Mn. Profitability thinned: the operational EBITDA margin fell to 27.96% from 30.53% a year earlier and other income dropped to INR 241.92 Mn, so profit grew more slowly than revenue.

📋 Solar cells and modules carried the quarter at INR 25,096.97 Mn of segment revenue, with the much smaller transformers business reported separately. On that transformers business, Transcon, the presentation states it has bagged its first EHV order, gained approved vendor status with an international major, reports a total order book of INR 3.4 Bn including Neotrafo and says 60% of the order book carries pass-through of material costs.

📉 Cash generation did not match reported profit: H1 FY 2027 cash flow from operating activities was INR 6,687.25 Mn, while investing activity was a large outflow and cash and equivalents fell over the half from the FY 2026 year-end level, as shown in the balance sheet and cash flow statement.

🏭 Management positions the company as the largest cell-module integrated manufacturer in the country, with the presentation citing deep supplier relationships, high throughput rates and an A+/A1 CRISIL rating with positive outlook. Its stated direction is to leverage core strengths in hi-tech solar manufacturing and to pursue disciplined expansion into adjacent areas with prudent capital allocation.

More numbers
  • Revenue from operations, Q2 FY 202726,318.52 (INR Mn)
  • Profit after tax, Q2 FY 20274,623.86 (INR Mn)
  • Operational EBITDA, Q2 FY 20277,357.61 (INR Mn)
  • Revenue from operations growth, Q2 FY 2027 YOY+43.3% YOY
  • PAT growth, Q2 FY 2027 YOY+30.8% YOY
  • Operational EBITDA margin, Q2 FY 202727.96%
  • Operational EBITDA margin, Q2 FY 202630.53%
  • Other income, Q2 FY 2027241.92 (INR Mn)
  • Solar Cells and Modules revenue, Q2 FY 202725,096.97 (INR Mn)
  • Cash flow from operating activities, H1 FY 20276,687.25 (INR Mn)
  • Order book3.3 INR Bn
Source: BSE · 4 Nov 2026

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev