3 weeks ago
Premier Energies Q1 Preview: Analysts Split on Earnings Outlook
Premier Energies is a company that makes solar panels and the parts inside them.
It is about to tell everyone how much money it made in the last three months.
Different experts called analysts try to guess the numbers before the company announces them.
Most analysts think the company will earn more profit than it did last year.
One expert group, Nomura, thinks profit will grow by about 38 percent.
They think the company will sell more products because it already has many orders from customers.
The company won new orders worth Rs 3,010 crore for solar cells and modules.
Some experts are very hopeful and say people should buy the stock.
One expert, Bernstein, is not so sure and thinks the stock is worth less.
So the experts disagree about how well the company will do.
Nomura expects Premier Energies' June-quarter net profit to rise 37.9% YoY to Rs 424.40 crore on revenue of Rs 2,250 crore, up 23.6% YoY.
The company secured orders worth Rs 3,010 crore for 1.8GW of solar cells and modules in Q1FY27, up 17% quarter-on-quarter.
Brokerage ratings are split: 13 'Buy', two 'Hold' and four 'Sell' recommendations, with a Bloomberg consensus target of Rs 1,122 implying 7.5% upside.
Bernstein has an 'Underperform' rating with an Rs 814 target, while MOFSL and Axis Capital have 'Buy' calls with targets of Rs 1,240 each.
PL Capital upgraded the stock to 'Accumulate' from 'Hold', while YES Securities expects revenue to jump 42.8% to Rs 2,599 crore with PAT up 60% to Rs 491 crore.
- Who
- Premier Energies and analysts at Nomura, Bernstein, MOFSL, Axis Capital, PL Capital and YES Securities.
- What
- Brokerages issued varied forecasts for Premier Energies' June-quarter earnings, expecting revenue and profit growth driven by higher volumes and a strong order book.
- Where
- Not explicitly stated in the article; results are reported in Indian rupees, indicating India.
- When
- Q1FY27 (June quarter), with previews released ahead of the company's earnings; Bernstein published its view on August 3.
- Why
- Healthy order book execution, improved manufacturing utilisation and higher volumes of solar cells and modules are expected to drive growth.
Bullish on Premier Energies
Bearish on Premier Energies
Stock rating and target price
Bullish on Premier Energies
MOFSL and Axis Capital have 'Buy' calls with targets of Rs 1,240 each; the Bloomberg consensus target of Rs 1,122 implies 7.5% upside, and 13 analysts recommend 'Buy'.
Bearish on Premier Energies
Bernstein has an 'Underperform' rating with a target of Rs 814, and four analysts have 'Sell' recommendations on the stock.
Earnings growth expectations
Bullish on Premier Energies
PL Capital upgraded the stock to 'Accumulate' from 'Hold', and YES Securities expects revenue to jump 42.8% to Rs 2,599 crore with PAT up 60% to Rs 491 crore.
Bearish on Premier Energies
Nomura's more moderate view sees revenue up 23.6% to Rs 2,250 crore with EBITDA margin falling 108 bps due to higher raw material prices and a less favorable module-cell sales mix.
Key facts
- Company
- Premier Energies
- Quarter
- Q1FY27 (June quarter)
- Nomura net profit estimate
- Rs 424.40 crore (up 37.9% YoY)
- Nomura revenue estimate
- Rs 2,250 crore (up 23.6% YoY)
- Nomura EBITDA estimate
- Rs 653.30 crore (up 19.1% YoY)
- Orders secured in Q1FY27
- Rs 3,010 crore for 1.8GW (up 17% QoQ)
- Bloomberg consensus target
- Rs 1,122 (7.5% potential upside)
- Bernstein target
- Rs 814 (Underperform)










