Trading · PREMIERE
Capital Goods - Solar
from 1,047 today
Premier Energies reported strong Q1 results with revenue, EBITDA, and earnings growing year-over-year, alongside a healthy order book of INR 150bn and ongoing capacity expansions.
Premier Energies reported a strong 1QFY27 with revenue, EBITDA, and APAT beating estimates, supported by sustained margins and capacity expansion.
Premier Energies reported a strong 1QFY27 with revenue, EBITDA, and APAT beating estimates, driven by sustained margins and lower-than-expected interest costs. We maintain a Buy rating with a target price of INR1,240 based on segment valuations.
Premier Energies reported a healthy operational performance in Q1FY27, supported by robust execution and stable profitability. We upward revise our FY27E/FY28E earnings estimates by 8.9%/3.8% factoring better execution and earnings visibility, we maintain 'Accumulate' rating, with a revised TP of INR1,131.
We reiterate our BUY rating on Premier Energies Limited (PEL) with a TP of INR1,240, driven by policy resilience, capacity expansions, a healthy order book providing visibility, and potential catalysts from battery localization.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
