Premeier Energies - Excellent Results - Buy above 1145

Nov 10

Excellent Results by Premier Energies

One can enter above 1145 for targets of 1125/1370/1500/1700 with SL of 1082.

Views invalid below 1145.

#PremierEnergies - Results Snapshot

Blockbuster Q2FY25
Highest ever set
Rev at 1527cr vs 693cr, Q1 at 1657cr
PBT at 275cr vs 70cr, Q1 at 245cr
Solid margin expansion YoY, decent QoQ
PAT at 206cr vs 52cr, Q1 at 198cr
OCF 845cr vs 35cr

Strong capex plans and order book 👏

Capex plans:
1 GW TopCon cell line by Q4FY25
Will start contributing in revenues.from Q1FY26

Management confident of sustaining margins at current level

4 GW Integrated TopCon cell and module facility
Module: Q4FY26
Cell: Q1FY27

1.2 GW cell manufacturing in US
FY28

2 GW wafer manufacturing
FY26 commisioning

36,000 T aluminium frame manufacturing
FY26

Orderbook: Strong
3860 MW
6233cr

Pipeline:
4250 MW
5738cr

Net debt free

D/ E at 0.55x

Q2FY25:
Rev at 1553cr vs 702cr⏫121%
Q1 at 1668cr

EBITDA at 407cr vs 107cr⏫280%
Q1 at 370cr⏫10% QoQ

OPM at 26% vs 13%
Q1 at 22%

PAT at 206cr vs 53cr⏫290%
Q1 at 196cr

Disclaimer : Educational Analysis and not a recommendation

Nov 12

Order cancelled

Stock never hit the buying point of 1145 and went down due to the market conditions.

Will post a new chart when the stock is back in to the zone where it can added. For now protect your capital across your stocks.