WatchTalking point
Profit and cash flow diverged
Reported profit rose 61.1% but operating cash flow fell 6.5% — worth investigating whether the profit is being collected.
Importance 80 / 95 · cash quality
Premier Energies Limited · Research view
Premier Energies Limited
NSE: PREMIERENEBSE: 544238ISIN INE0BS701011Face value ₹1consolidated
₹877
+0.40% · 2026-10-01 · 52-wk ₹683–₹1,117
Financials to FY2026 · 2 years of history · prices to 2026-10-01consolidatedstandalone
Section 02 · Synthesis
What stands out?
The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.
StrengthConcernWatchContext
StrengthTalking point
Profit outpacing revenue
Profit grew 61.1% while revenue grew 20.0%, so the company kept more of each rupee of revenue as profit.
Importance 72 / 95 · growth
Strength
More profitable than peers
ROE of 42.3% is well above the other electrical equipment median of 31.6%.
Importance 50 / 95 · profitability
Section 03 · The company
Who is this company?
Classified by the exchange under Industrials › Capital Goods › Electrical Equipment › Other Electrical Equipment.
- Market cap
- ₹39,716 cr
- FY2026 revenue
- ₹7,824 cr
- FY2026 net profit
- ₹1,510 cr
- Net worth
- ₹4,310 cr
- Total debt
- ₹3,617 cr
- EPS (basic)
- ₹33.63
- Listed
- NSE · BSE
- Reporting
- Ind-ASApr–Mar
Peer set used on this page: 3 other electrical equipment.
Section 04 · Business performance
Is the business growing?
RevenueNet profit
Strength
Profit grew 61.1% while revenue grew 20.0%, so the company kept more of each rupee of revenue as profit.
Rule PROFIT_FASTER_THAN_REVENUE
- Revenue growth per year
- +20.0%over 1 years
- Revenue growth
- +20.0%vs last year
- Net profit growth
- +61.1%vs last year
- Change in net profit since FY25
- +61%
Net profit grew 61.1% year on year (FY2025 → FY2026).
Revenue grew 20.0% year on year (FY2025 → FY2026).
Section 05 · Recent activity
What changed recently?
Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.
Strength
Q1 FY27 net profit was ₹472 cr, up 53.3% from ₹308 cr a year earlier.
Rule QTR_PROFIT_GROWTH_YOY
Strength
Q1 FY27 revenue was ₹2,463 cr, up 35.3% from ₹1,821 cr in Q1 FY26 a year earlier.
Rule QTR_REVENUE_GROWTH_YOY
Strength
Q1 FY27 EBIT was ₹664 cr, up 51.0% from ₹440 cr a year earlier.
Rule QTR_OPERATING_PERFORMANCE_CHANGE_YOY
A. Quarterly results
RevenueNet profit
| Quarter | Revenue | YoY | Net profit | YoY | Net margin |
|---|---|---|---|---|---|
| Q2 FY25 | 1,527 | — | 206 | — | 13.5% |
| Q3 FY25 | 1,713 | — | 255 | — | 14.9% |
| Q4 FY25 | 1,621 | — | 278 | — | 17.1% |
| Q1 FY26 | 1,821 | — | 308 | — | 16.9% |
| Q2 FY26 | 1,837 | +20.3% | 353 | +71.6% | 19.2% |
| Q3 FY26 | 1,936 | +13.0% | 392 | +53.4% | 20.2% |
| Q4 FY26 | 2,230 | +37.6% | 457 | +64.4% | 20.5% |
| Q1 FY27 | 2,463 | +35.3% | 472 | +53.3% | 19.2% |
B. TTM snapshot
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
- Revenue
- ₹8,466 crTTM
- EBITDA
- ₹2,741 crTTM
- EBIT
- ₹2,351 crTTM
- PBT
- ₹2,185 crTTM
- Net profit
- ₹1,674 crTTM
C. Corporate actions
8 May 2026DividendInterim Dividend - Rs. - 0.7500 — ₹0.75/share
29 Aug 2025DividendFinal Dividend - Rs. - 0.5000 — ₹0.50/share
1 Aug 2025DividendInterim Dividend - Rs. - 0.2500 — ₹0.25/share
14 Feb 2025DividendInterim Dividend - Rs. - 0.5000 — ₹0.50/share
Section 06 · Business performance
Is it becoming more profitable?
EBITDA marginNet margin
Strength
ROE of 42.3% is well above the other electrical equipment median of 31.6%.
Rule ROE_ABOVE_PEER_MEDIAN
- EBITDA margin now
- 33.0%
- 2-year range
- 29.4–33.0%
- ROE FY2026
- 42.3%
- ROCE FY2026
- 33.6%
ROE improved from 33.2% to 42.3% year on year.
EBITDA margin improved from 29.4% to 33.0% of revenue.
Section 07 · Financial health
Is financial health improving?
Net worth (shareholders' funds)
Watch
Reported profit rose 61.1% but operating cash flow fell 6.5% — worth investigating whether the profit is being collected.
Rule PROFIT_UP_CASH_DOWN
Operating cash flowNet profit
- Total debt
- ₹3,617 cr
- Operating cash flow ÷ net profit
- 0.84×FY2026
- Free cash flow
- ₹−1,736 cr
- Current ratio
- 1.83×
Debt-to-equity rose from 0.67× to 0.84× year on year.
Section 08 · Relative position
How does it compare with peers?
Ranked against 3 other electrical equipment (FY2026, consolidated). No peer-relative rule fired for this company.
Revenue growth
PREMIERENE · 3rd of 3 · set median 23.3%
EBITDA margin
PREMIERENE · 1st of 3 · set median 24.9%
Return on equity
PREMIERENE · 1st of 3 · set median 31.6%
P/E ratio
PREMIERENE · 2nd of 3 · set median 23.7×
- P / E
- 23.7×TTM to Jun 26
- P / B
- 9.2×latest book
- P / S
- 4.7×TTM sales
- Earnings yield
- 4.2%TTM to Jun 26
On the trailing twelve months. Last full year: P/E 26.3× · P/S 4.9× · ROE 42.3%.
Section 09 · The stock
How has the stock performed?
Long-term price performance is shown above.
- 1-year return
- −13.9%
- 3-year return
- —
- 5-year return
- —
- From 52-wk high
- −21.5%
Section 10 · Technical data
What does the technical data say?
Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.
- vs 50-day avg
- Below₹987
- vs 200-day avg
- Below₹933
- RSI (14)
- 30.6neutral
- MACD histogram
- -2.6
- From 52-wk high
- −21.5%
- From 52-wk low
- +28.3%
- 30-day volatility
- 29.7%ann.
- 6-month return
- −1.7%
Section 11 · Open questions
What should I investigate further?
Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.
- WatchProfit and cash flow divergedReported profit rose 61.1% but operating cash flow fell 6.5% — worth investigating whether the profit is being collected.PROFIT_UP_CASH_DOWN · conviction 80
- ConcernLeverage risingDebt-to-equity rose from 0.67× to 0.84× year on year.LEVERAGE_INCREASED_YOY · conviction 41
- Only 2 annual year(s) of financials loaded — multi-year trend analysis is limited.
Section 12 · Reference
The numbers
The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.
| Metric | FY25 | FY26 |
|---|---|---|
| Revenue | 6,519 | 7,824 |
| Total income | 6,653 | 8,026 |
| EBITDA | 1,915 | 2,579 |
| Profit before tax | 1,240 | 1,968 |
| Net profit | 937 | 1,510 |
| EPS (₹) | 21.4 | 33.6 |
| Net worth | 2,822 | 4,310 |
| Total debt | 1,893 | 3,617 |
| Operating cash flow | 1,348 | 1,261 |
| Free cash flow | 728 | −1,736 |
| Ratio | FY25 | FY26 |
|---|---|---|
| Growth | ||
| Revenue growth YoY | — | 20.0 |
| Profit growth YoY | — | 61.1 |
| Profitability | ||
| EBITDA margin % | 29.4 | 33.0 |
| Net margin % | 14.1 | 18.8 |
| Return on equity % | 33.2 | 42.3 |
| Return on capital % | 30.1 | 33.6 |
| Leverage & cash | ||
| Debt to equity | 0.67 | 0.84 |
| Cash flow ÷ profit | 1.44 | 0.84 |
| Current ratio | 1.88 | 1.83 |