PREMIERENE: How Much You Know About Premier Energies Shares?

Premier Energies Ltd, the company behind premier energies shares was founded in 1995 by Premier Group. It is India’s second-largest integrated solar cell and module manufacturer. Adani Group’s Adani Solar, established in 2015, holds the top position in the same solar sector.

​Premier Energies’ Initial Public Offering (IPO) opened for subscription on August 27, 2024, and closed on August 29, 2024. The shares were listed on the stock market on September 3, 2024, at a premium of 120%, with a listing price of ₹990 per share. ​

As of March 31, 2025, Premier Energies shares are trading above ₹900 price point, with a 52-week high of ₹1388 and a 52-week low of ₹802.1. 

The solar cell giant operates three manufacturing facilities across Telangana, covering over 44.91 acres. The second notable unit of the Premier Group is Premier Energies Photovoltaic Pvt Ltd.

It is an E-City Solar manufacturing facility and a fully owned subsidiary of the Premier Group, holds the distinction of being India’s first LEED Gold-rated solar manufacturing facility.

If we solely focus on company behind Premier Energies shares, it has been at the forefront of technological advancements, producing India’s first bifacial monocrystalline PERC solar cell and leading in exporting solar cells to the U.S. market.​

With nearly three decades in the solar industry, the Premier Energies Ltd has built an annual installed capacity of 2 GW for solar cells and 3.36 GW for solar modules as of March 31, 2024. ​

In addition to manufacturing, Premier Energies offers engineering, procurement, and construction (EPC) solutions, as well as operations and maintenance (O&M) services.

The company has executed projects across 23 states in India and exports to multiple countries, with over 10% of its revenue in FY24 derived from exports, primarily to the United States.

Financially, the company behind Premier Energies Shares has demonstrated robust financial report. For the fiscal year ending March 31, 2024, the company reported revenue of ₹3,143.79 crore, a 120.07% increase from the previous year. Net profit for the same period was ₹231.36 crore, marking a significant turnaround from a loss of ₹13.34 crore in the prior year.

Premier Energies’ commitment to quality is evident in its products. In 2023, 12 of its solar modules were recognized as “top performers” in the Module Reliability Scorecard released by PV Evolution Labs (PVEL), an annual assessment of solar modules from manufacturers globally. ​

Looking ahead, Premier Energies is expanding its capacity by adding a 1 GW TOPCon solar cell manufacturing line and has announced a greenfield project of 4 GW of solar cells and 4 GW of solar modules, positioning itself for continued growth in the renewable energy sector