Shares of Premier Energies Ltd. soared nearly 9% to hit the day’s high of ₹1,170 on February 4, 2025, following the company’s impressive Q3 FY25 financial results. As of 9:28 AM IST, the stock was trading at ₹1,099.30, up by ₹28.90 or 2.7% from its previous close of ₹1,070.40. The company’s market cap stood at ₹491.52 billion.
Key Financial Highlights for Q3 FY25:
- Revenue: ₹1,713 crore, up 140.6% YoY from ₹712 crore in Q3 FY24.
- EBITDA: ₹513.7 crore, marking a substantial rise from ₹123 crore in the same period last year.
- EBITDA margin: Expanded to 30% compared to 17.3% YoY.
- Net Profit: ₹255.2 crore, boosted by other income of ₹36 crore and a tax reversal of ₹21 crore.
- Sequential Comparison: Revenue rose 12.2%, while EBITDA grew 35%, with margins expanding by 500 basis points.
Operational Performance:
- The company maintained strong capacity utilization rates at the end of the quarter, with 96% for cells and 74% for modules.
- Order Book: Premier Energies had a robust order book of 4,539 MW worth ₹6,946 crore, with 63% allocated to modules and 36% to cells.
Debt Update:
- Net debt increased to ₹1,917 crore from ₹1,193 crore a year ago and ₹1,017 crore in the previous quarter.
Premier Energies also shared plans to scale up its capacity to 7 GW for cells and 9.1 GW for modules by June 2026, indicating its strategic expansion efforts.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice.
