PREMIERENE Q4 FY26 Guidance vs Delivery (PREMIERENE Management Mirror)

Did PREMIERENE's management deliver what it guided? Guidance vs actual performance and tone changes across recent earnings calls, as of the Q4 FY26 (Mar-2026 Qtr) concall.

Premier Energies Ltd (PREMIERENE) Q4FY26 Management Mirror - Mar-2026 Qtr

Capacity Expansion & Efficiency

The 5.6 GW module plant at Sitarampur is complete, with full production ramp-up expected by May'26, while total cell capacity will shortly reach 10.6 GW. Management reaffirmed that TOPCon cell efficiency, currently at 25.5%, is targeted to hit 25.8% within two quarters, a target upgraded in the Dec'25 Qtr from the initial Sep'25 Qtr goal of 25.2% to 25.4%. The new 7 GW cell line, expanded from an initial 4.8 GW plan in the Sep'25 Qtr, is on track with stabilization expected 4 to 6 months post-commissioning. [Status: Reaffirmed]

3 more themes on the ELITE plan.