Premier Energies Limited
Incorporated in 1995 by Mr Surender Pal Singh, PEL is one of the largest integrated (solar cell and module) manufacturing facilities (capacity-wise) in India. It has a 300 MW operating module line at its plant in Annaram, Telangana. PEPPL, a 100% sub...
Key Metrics
EPS
8.78
Current ratio
1.16
Debt/Equity
2.63
Debt/EBITDA
3.42
Interest coverage ratio
3.39
Operating Cashflow to total debt
0.05
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Established market presence and longstanding experience of the promoter in the solar industry
Favourable domestic demand outlook for the solar industry which should support increasing volumes
Healthy order book providing revenue visibility
Increased scale of operations with improved operating margins
Improved financial profile with increasing scale and recent fund raise through IPO
Liquidity: Adequate
Cons
Susceptibility to intense competition, regulatory changes, and volatility in raw material prices
Exposure to stabilisation and project execution risks
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About Premier Energies Limited bond.
This comprehensive profile covers key factual information about Premier Energies Limited. Incorporated in 1995 by Mr Surender Pal Singh, PEL is one of the largest integrated (solar cell and module) manufacturing facilities (capacity-wise) in India. It has a 300 MW operating module line at its plant in Annaram, Telangana. PEPPL, a 100% subsidiary of PEL, has a 1,400 MW module and 750 MW cell line located in Raviryala, Telangana. PEIPL, a 74% subsidiary of PEL, has set up a 1.6 GW module and 1.25 GW cell line in Telangana. PEGEPL, a 100% subsidiary of PEL, also has 1.1 GW of module manufacturing capacity. Cumulatively, as of June 2024, the group has total module capacity of 4.1 GW and 2 GW of cell capacity. The group derives a small portion of revenue from solar EPC business. EPS in Mar-2024 was 8.78. Current ratio in Mar-2024 was 1.16. Debt/Equity in Mar-2024 was 2.63. Debt/EBITDA in Mar-2024 was 3.42. Interest coverage ratio in Mar-2024 was 3.39. Operating Cashflow to total debt in Mar-2024 was 0.05. Total revenue for Mar-2025(E) was ₹4,542.20. Net income for Mar-2025(E) stood at ₹488.30. Total assets as of Mar-2024 were ₹3,536.93. Operating cash flow for Mar-2024 was ₹90.15. The company’s borrowing relationships include (₹N/A Cr), (₹N/A Cr). Peers and comparison entities consist of Premier Energies Limited, Adani Green Energy Limited, Ntpc Green Energy Limited, NHPC Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Established market presence and longstanding experience of the promoter in the solar industry; Favourable domestic demand outlook for the solar industry which should support increasing volumes; Healthy order book providing revenue visibility; Increased scale of operations with improved operating margins; Improved financial profile with increasing scale and recent fund raise through IPO; Liquidity: Adequate. Key risks include: Susceptibility to intense competition, regulatory changes, and volatility in raw material prices; Exposure to stabilisation and project execution risks. Leadership team details include Abhishek Loonker (Nominee Director), Chiranjeev Singh Saluja (Managing Director), Jasbir Singh Gujral (Independent Director), Nand Kishore Khandelwal (Chief Financial Officer), Priyanka Gulati (Independent Director), Raghunathan Kannan (Independent Director), Ravella Sreenivasa Rao (Company Secretary & Compliance Officer), Revathi Rohini Buragadda (Whole Time Director), Rohan Mehta (Independent Director), Sridhar Narayan (Nominee Director), Surender Pal Singh (Chairman & Wholetime Director), Uday Sudhir Pilani (Independent Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.