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Premier Energies Limited (PREMIERENE) Fair Value & Analysis

Technology · IN · Market cap ₹492B (≈ $5.2B) · ISIN INE0BS701011

What is Premier Energies Limited really worth?

PE Premier Energies Limited PREMIERENE · NSE
Price₹1,002
Fair Value₹648.94
Upside−35.2%
Quality49/100

Below-average quality, and trading another 54% above our fair value of ₹648.94.

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Strengths

Solidly profitable · 19.3% net margin
Wide moat 81/100

Risks

!Expensive Growth (revenue 5y +62.0 %/yr)
!Moderate debt · negative free cash flow
!Mixed vs. peers (6/13)
!The models disagree: range ₹477.74 to ₹1,522
!Weak on dividend: 2 out of 100

For context

·0.10% dividend yield
Evidence: High Range ₹477.74 – ₹1,522

Fair value as of: Aug 15, 2026

From 16 valuation models · updated 21 days ago

Fair value updated Aug 15, 2026, revised from ₹912.32 to ₹648.94 (−28.9%) since Jul 20, 2026. Share price −4.0% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The model range is unusually wide (₹477.74 to ₹1,522). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (2 years)

₹1,371 ₹682.60 Fair Value ₹648.94 Sep 2024 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 15, 2026.

How to read this chart

24‑month range ₹682.60 – ₹1,371 · fair‑value band ₹477.74 – ₹1,522 · the ₹1,002 price screens above the ₹648.94 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 15, 2026.

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Analysis

Premier Energies Limited (PREMIERENE) currently trades at ₹1,002, while our model-based Fair Value estimate is ₹648.94, implying the stock looks roughly 54.4% overvalued today. The Quality Score stands at 49/100 (below-average quality), in the Technology sector. Bull case: the Growth Earnings group reads highest at a median of ₹1,532 per share, and 4 of the 16 models we run sit above the ₹1,002 price. Bear case: the Multiples group reads lowest at ₹429.53, and 12 of the 16 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Premier Energies Limited generated revenue of ₹78.2B at a net margin of 19.3%. Revenue grew 37.6% year over year. It earns a return on equity of 42.3%. Net debt stands at ₹16.2B. Fundamentals as of Aug 15, 2026

Our scenario range runs from ₹477.74 (bear case) to ₹1,522 (bull case); at ₹1,002, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 12% below its 52-week high and 52% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at −6% fair-value upside, at −35%, PREMIERENE screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹14.14 per share, which is 2.2 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EPV best evidence ₹305.11 ₹362.25 ₹413.04 74
ROIC Compounder ₹428.28 ₹717.50 ₹1,026 68
EV/EBITDA ₹494.92 ₹666.11 ₹837.31 67
All 16 models by family
Earnings-Based
Graham-Dodd ₹227.49 ₹1,586 ₹2,226 61
Lynch FV ₹819.62 ₹1,171 ₹1,522 59
PEG = 1.0 ₹819.62 ₹1,171 ₹1,522 55
EPV best evidence ₹305.11 ₹362.25 ₹413.04 74
Dividend Discount
Gordon GGM ₹7.17 ₹15.65 ₹26.33 63
DDM Multi-Stage ₹7.17 ₹12.82 ₹16.31 64
Multiples
P/E Multiple ₹526.90 ₹702.53 ₹878.17 63
P/S Multiple ₹260.06 ₹346.75 ₹433.44 58
P/B Multiple ₹322.15 ₹429.53 ₹536.92 55
EV/EBIT ₹525.11 ₹706.36 ₹887.62 66
EV/EBITDA ₹494.92 ₹666.11 ₹837.31 67
EV/Revenue ₹199.79 ₹293.41 ₹387.03 53
Asset-Based
NCAV (Graham) ₹47.73 ₹63.95 ₹95.45 54
Economic Profit
Residual Income ₹313.95 ₹528.79 ₹9,648 61
ROIC Compounder ₹428.28 ₹717.50 ₹1,026 68
Growth Earnings
Growth-Adj P/E ₹1,072 ₹1,532 ₹1,991 65

Widest divergence: Growth Earnings (₹1,532) versus Dividend Discount (₹12.82). Highest evidence: EPV (74).

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Key figures & financial health

P/E ratio 29.8
P/S ratio 5.76 P/E × margin
EPS (TTM) ₹33.59 price ÷ EPS = P/E 29.8
Dividend yield 0.1% payout 3.0%
Net margin 19.3% FY2026
Return on equity 42.3% TTM
More key figures
Profitability
Return on assets (EBIT) 13.2% avg 5y
Operating margin 26.7% TTM
Growth
Revenue (TTM) ₹78.2B TTM
Revenue growth (YoY) +37.6% 3y avg +76.3%
EPS growth (YoY) +64.7%
Balance sheet & cash flow
Free cash flow −₹17.7B FY2026
Net debt ₹16.2B FY2026

Figures from reported company fundamentals · as of Aug 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 49 · Market factors (momentum, volatility) 55

Profitability 71
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 20
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 55
Price trend over the last 3–12 months (market factor)
52W Momentum 53
Distance to the 52-week high (market factor)
Net Issuance 70
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Premier Energies Limited manufactures and sells integrated solar cells and modules in India. It offers bifacial monocrystalline PERC cells; monofacial solar modules; and bifacial transparent back sheet and dual glass modules, as well as custom made panels for specific applications.

Full company description

Premier Energies Limited manufactures and sells integrated solar cells and modules in India. It offers bifacial monocrystalline PERC cells; monofacial solar modules; and bifacial transparent back sheet and dual glass modules, as well as custom made panels for specific applications. The company provides engineering, procurement, and construction services for ground-mounted and rooftop solar power projects; upgradation services for transmission line and substation; and solar photo voltaic cells and solar products, such as solar water pumps, lanterns, lighting system, and solar e-vehicles. In addition, it operates a solar power project as project developer. The company was incorporated in 1995 and is based in Hyderabad, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Premier Energies Limited reported revenue of ₹78.2B in FY2026 versus ₹7.4B in FY2022, a compound +80.1%/yr. Reported net income was ₹15.1B in FY2026.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹78.2B
Latest YoY
+20.0%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+76.3%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+62.0%
Avg. revenue growth/yr (8Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+40.8%
Value creation/yr (3Y, in INR) Earnings growth per share (CAGR 3 years) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+86.7% (86.6 + 0.1)
Revenue +80.1%/yr
FY22 ₹7.4B
FY23 ₹14.3B
FY24 ₹31.4B
FY25 ₹65.2B
FY26 ₹78.2B
Net income
FY22 −₹144M
FY23 −₹128M
FY24 ₹2.3B
FY25 ₹9.4B
FY26 ₹15.1B

PREMIERENE screens 54% overvalued. Compare with First Solar, Inc →

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Cite: Fair Value Calculator (2026). "Premier Energies Limited Fair Value". https://www.fairvalue-calculator.com/stock/PREMIERENE

Peer Group

Solar · 109 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 49 · Above median
Fair Value upside −35% · Below median
Return on equity (TTM) 42% · Top 25%
Return on assets 14% · Top 25%
Net margin (TTM) 19% · Top 25%
Operating margin (TTM) 27% · Top 25%
Revenue growth 38% · Top 25%
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.68× · Higher than median

Valuation Multiples vs Solar median · lower = cheaper

P/E (TTM) 29.8× · Pricier than median
P/B 11.42× · Pricier than 75% of peers
P/S (TTM) 6.29× · Pricier than 75% of peers
EV/EBITDA 21.1× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 15
FUTURE100 · sector 0
PAST100 · sector 0
HEALTH66 · sector 85
DIVIDEND2 · sector 29

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Solar stocks, each showing price versus our Fair Value estimate (as of Aug 15, 2026).

Stock Price Fair Value vs Fair Value
First Solar, Inc FSLR $210.10 $392.12 +87%
Nextpower Inc NXT $103.67 $69.61 −33%
Waaree Energies Limited WAAREEENER ₹2,624 ₹2,709 +3%
Tongwei Co 600438 ¥12.89 ¥12.13 −6%
Jinko Solar Co 688223 ¥4.16 ¥6.47 +56%
Enphase Energy, Inc ENPH $39.25 $24.15 −38%
CSI Solar Co 688472 ¥10.28 ¥6.76 −34%
Hengdian Group 002056 ¥21.53 ¥31.86 +48%
Trina Solar Co 688599 ¥12.77 ¥7.97 −38%
JA Solar Technology Co 002459 ¥6.81 ¥3.32 −51%

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Frequently asked questions

Is Premier Energies Limited (PREMIERENE) overvalued or undervalued?
As of Aug 15, 2026, our model estimates a fair value of ₹648.94 versus a price of ₹1,002, about −35% upside (overvalued).
What is the fair value of PREMIERENE?
Our model-based fair value for Premier Energies Limited is ₹648.94 (as of Aug 15, 2026), built from audited fundamentals. The current price: ₹1,002.
What is the quality score of PREMIERENE?
Premier Energies Limited has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Premier Energies Limited (PREMIERENE)?
Premier Energies Limited reported trailing-twelve-month revenue of about ₹78.2B (latest available figure, as of Aug 15, 2026).
What is the net profit margin of PREMIERENE?
The net profit margin of Premier Energies Limited is about 19.3%, meaning it keeps roughly 19.3% of revenue as net income. Based on the latest reported figures.
Does Premier Energies Limited pay a dividend?
Premier Energies Limited currently shows a dividend yield of about 0.10% relative to its recent price (as of Aug 15, 2026).
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