Premier Energies shares slide 3% after Q1 results
Premier Energies
fell as much as 2.8% on Monday, July 28, to Rs 1,061.05 on the BSE after the company posted its June 2025 quarter results over the weekend, showing a strong jump in profit as well as revenue.
Premier Energies reported a 10% year-on-year rise in revenue to Rs 1,820.7 crore for the first quarter ended June. Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) surged 53% to Rs 548.3 crore, while net profit increased 55.4% to Rs 307.8 crore from Rs 198.1 crore in the same quarter last year.
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EBITDA margins
expanded to 30.2% during the quarter, up sharply from 21.6% a year earlier. The modules business remained the primary growth driver, contributing 74% of total revenue, while the cells division accounted for 23%.
Capacity and order book
The company outlined ambitious
capacity targets
across its operations. It aims to build annual capacities of 10 GW each for its Wafers & Ingots and cells businesses within the next three years. Additionally, Premier Energies is targeting 36,000 MT in aluminium frames and 110 GW in modules capacity by FY28.
As of June-end, the company held an order book of Rs 8,602 crore, with all contracts stemming from the domestic market.
Stock performance and technical outlook
Premier Energies shares
closed 1.5% lower at Rs 1,084.7 on Friday. The stock has declined 20% so far in 2025, despite a 22% gain over the past six months.
From a technical perspective, the stock is trading above five of its eight key simple moving averages, including the 30-day, 50-day, 100-day, 150-day, and 200-day SMAs, but remains below its 5-day, 10-day, and 20-day SMAs.
The Relative Strength Index (RSI) is at 56, indicating neutral momentum. Meanwhile, the Moving Average Convergence Divergence (MACD) stands at 10.9 and remains above both the center and signal lines, suggesting a continuing bullish undertone.
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