Premier Energies Limited (PREMIERENE) - Net Assets
Based on the latest financial reports, Premier Energies Limited (PREMIERENE) has net assets worth Rs43.10 Billion INR (≈ $466.15 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs108.45 Billion ≈ $1.17 Billion USD) and total liabilities (Rs65.35 Billion ≈ $706.68 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Premier Energies Limited's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs43.10 Billion |
| % of Total Assets | 39.75% |
| Annual Growth Rate | 51.08% |
| 5-Year Change | 967.08% |
| 10-Year Change | N/A |
| Growth Volatility | 101.23 |
Premier Energies Limited - Net Assets Trend (2018–2026)
This chart illustrates how Premier Energies Limited's net assets have evolved over time, based on quarterly financial data. See how many days can Premier Energies Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Premier Energies Limited (2018–2026)
The table below shows the annual net assets of Premier Energies Limited from 2018 to 2026. For live valuation and market cap data, see market cap of Premier Energies Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs43.10 Billion ≈ $466.15 Million |
+52.74% |
| 2025-03-31 | Rs28.22 Billion ≈ $305.20 Million |
+327.67% |
| 2024-03-31 | Rs6.60 Billion ≈ $71.36 Million |
+55.54% |
| 2023-03-31 | Rs4.24 Billion ≈ $45.88 Million |
+5.03% |
| 2022-03-31 | Rs4.04 Billion ≈ $43.68 Million |
+69.00% |
| 2021-03-31 | Rs2.39 Billion ≈ $25.85 Million |
-11.49% |
| 2020-03-31 | Rs2.70 Billion ≈ $29.20 Million |
+60.98% |
| 2019-03-31 | Rs1.68 Billion ≈ $18.14 Million |
+5.61% |
| 2018-03-31 | Rs1.59 Billion ≈ $17.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Premier Energies Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs452.99 Million | 1.05% |
| Other Components | Rs42.62 Billion | 98.95% |
| Total Equity | Rs43.08 Billion | 100.00% |
Premier Energies Limited Competitors by Market Cap
The table below lists competitors of Premier Energies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LYFT Inc
NASDAQ:LYFT
|
$5.27 Billion |
|
Floor & Decor Holdings Inc
NYSE:FND
|
$5.27 Billion |
|
VEND MARKETPLACES ASA
OL:VEND
|
$5.28 Billion |
|
TPG Telecom Ltd
AU:TPG
|
$5.28 Billion |
|
Fomento de Construcciones y Contratas SA
MC:FCC
|
$5.27 Billion |
|
Grinm Advanced Materials Co Ltd
SHG:600206
|
$5.27 Billion |
|
Ultrapar Participações S.A
SA:UGPA3
|
$5.26 Billion |
|
Porsche Automobil Holding SE
F:PAHA
|
$5.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Premier Energies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 28,221,060,000 to 43,077,160,000, a change of 14,856,100,000 (52.6%).
- Net income of 15,097,680,000 contributed positively to equity growth.
- Dividend payments of 336,270,000 reduced retained earnings.
- New share issuances of 80,670,000 increased equity.
- Other comprehensive income decreased equity by 457,040,000.
- Other factors increased equity by 471,060,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs15.10 Billion | +35.05% |
| Dividends Paid | Rs336.27 Million | -0.78% |
| Share Issuances | Rs80.67 Million | +0.19% |
| Other Comprehensive Income | Rs-457.04 Million | -1.06% |
| Other Changes | Rs471.06 Million | +1.09% |
| Total Change | Rs- | 52.64% |
Book Value vs Market Value Analysis
This analysis compares Premier Energies Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 11.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 314.45x to 11.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | Rs3.43 | Rs1079.60 | x |
| 2019-03-31 | Rs4.51 | Rs1079.60 | x |
| 2020-03-31 | Rs7.45 | Rs1079.60 | x |
| 2021-03-31 | Rs4.97 | Rs1079.60 | x |
| 2022-03-31 | Rs8.83 | Rs1079.60 | x |
| 2023-03-31 | Rs9.20 | Rs1079.60 | x |
| 2024-03-31 | Rs14.48 | Rs1079.60 | x |
| 2025-03-31 | Rs64.29 | Rs1079.60 | x |
| 2026-03-31 | Rs95.95 | Rs1079.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Premier Energies Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 35.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.30%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 2.52x
- Recent ROE (35.05%) is above the historical average (19.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 27.05% | 5.57% | 0.89x | 5.48x | Rs178.06 Million |
| 2019 | 20.66% | 4.66% | 0.98x | 4.53x | Rs147.63 Million |
| 2020 | 19.62% | 4.78% | 1.14x | 3.60x | Rs221.82 Million |
| 2021 | 10.57% | 3.35% | 0.72x | 4.40x | Rs12.72 Million |
| 2022 | -3.64% | -1.93% | 0.55x | 3.40x | Rs-538.22 Million |
| 2023 | -3.11% | -0.90% | 0.68x | 5.13x | Rs-539.26 Million |
| 2024 | 35.77% | 7.37% | 0.88x | 5.49x | Rs1.67 Billion |
| 2025 | 33.21% | 14.38% | 0.95x | 2.42x | Rs6.55 Billion |
| 2026 | 35.05% | 19.30% | 0.72x | 2.52x | Rs10.79 Billion |
Industry Comparison
This section compares Premier Energies Limited's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $4,023,064,226
- Average return on equity (ROE) among peers: 4.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Premier Energies Limited (PREMIERENE) | Rs43.10 Billion | 27.05% | 1.52x | $5.27 Billion |
| BOROSIL RENEWABLES LIMITED (BORORENEW) | $8.93 Billion | -5.25% | 0.89x | $907.61 Million |
| GENSOL ENGINEERING ORD (BSE) (GENSOL) | $350.73 Million | 6.29% | 1.10x | $9.85 Million |
| Surana Solar Limited (SURANASOL) | $425.11 Million | 0.76% | 0.84x | $14.24 Million |
| Swelect Energy Systems Limited (SWELECTES) | $7.87 Billion | 4.12% | 0.78x | $104.81 Million |
| Sterling and Wilson Renewable Energy Limited (SWSOLAR) | $10.73 Billion | 28.91% | 3.69x | $594.69 Million |
| Urja Global Limited (URJA) | $449.42 Million | 1.14% | 0.05x | $57.51 Million |
| Waaree Energies Limited (WAAREEENER) | $2.58 Billion | 30.72% | 2.05x | $9.72 Billion |
| Websol Energy System Limited (WEBELSOLAR) | $859.71 Million | -33.67% | 3.09x | $477.94 Million |
About Premier Energies Limited
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 … Read more