PREMIER ENERGIES Q2 CONCALL
Margin improvement due to operational excellence, cost optimization, and increased capacity utilisation.
Warranty provisions increased with revenue growth, impacting "other expenses."
Domestic demand remains robust, minimising export dependency. U.S. expansion is under consideration but on a "wait-and-watch" basis due to political developments.
Revenue from government projects contributed around 10.3% in H1. Future growth depends on tender availability and favourable payment terms.
Indian solar companies recently filed a petition for an anti-dumping duty on imports. The process is in the early stages, with no clear timeline or outcome at this point
The 4 GW cell and module expansion project is progressing well, with land acquisition, levelling, and boundary wall construction completed. Agreements have been signed with consultants for design and engineering, while tool finalisation is ongoing, though no tool orders have been placed yet. The timeline for completion remains on track.
The company has partnered with a Taiwanese company for wafer manufacturing, with equipment ordered for a 2 GW facility, expected to be commissioned by FY26. There are plans for backward integration to incorp production once the facility stabilizes. Polysilicon will be sourced from outside India unless local options become available under the PLI scheme
Capex Plans:
1 GW TopCon expansion: ₹670 crore, completion expected in FY25.
4+4 GW (from IPO proceeds): ₹3,300 crore.
Wafer manufacturing: 175 crore, expected by FY26.
Aluminium manufacturing: 230 crore, completion expected by FY26-FY27.
Strategic Expansion Plans:
TopCon Cell Line: 1 GW expansion expected by Q4FY25.
Aluminum Frame Manufacturing: New 36,000 metric ton per annum facility for captive use with a capex of ₹230 crores. Expected to improve EBITDA margin by 100-150 basis points.
Backward Integration: Plans for a 2 GW vapor manufacturing facility by FY26 to enhance supply chain control.
Margin improvement due to operational excellence, cost optimization, and increased capacity utilisation.
Warranty provisions increased with revenue growth, impacting "other expenses."
Domestic demand remains robust, minimising export dependency. U.S. expansion is under consideration but on a "wait-and-watch" basis due to political developments.
Revenue from government projects contributed around 10.3% in H1. Future growth depends on tender availability and favourable payment terms.
Indian solar companies recently filed a petition for an anti-dumping duty on imports. The process is in the early stages, with no clear timeline or outcome at this point
The 4 GW cell and module expansion project is progressing well, with land acquisition, levelling, and boundary wall construction completed. Agreements have been signed with consultants for design and engineering, while tool finalisation is ongoing, though no tool orders have been placed yet. The timeline for completion remains on track.
The company has partnered with a Taiwanese company for wafer manufacturing, with equipment ordered for a 2 GW facility, expected to be commissioned by FY26. There are plans for backward integration to incorp production once the facility stabilizes. Polysilicon will be sourced from outside India unless local options become available under the PLI scheme
Capex Plans:
1 GW TopCon expansion: ₹670 crore, completion expected in FY25.
4+4 GW (from IPO proceeds): ₹3,300 crore.
Wafer manufacturing: 175 crore, expected by FY26.
Aluminium manufacturing: 230 crore, completion expected by FY26-FY27.
Strategic Expansion Plans:
TopCon Cell Line: 1 GW expansion expected by Q4FY25.
Aluminum Frame Manufacturing: New 36,000 metric ton per annum facility for captive use with a capex of ₹230 crores. Expected to improve EBITDA margin by 100-150 basis points.
Backward Integration: Plans for a 2 GW vapor manufacturing facility by FY26 to enhance supply chain control.
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This channel is primarily for IPO Updates.
We are posting some stock related news ONLY FOR RECENTLY LISTED IPOs.
I hope you all will also need that.
Send reactions if you agree.
Else we will stop posting news related to recently listed IPO stocks.
AS PER SOURCES
NTPC Green Energy IPO RHP is set to be filed today.
The biggest suspense in this IPO is its price band.
I hope company and merchant bankers will leave something for IPO Investors 🙏
NTPC Green Energy IPO RHP is set to be filed today.
The biggest suspense in this IPO is its price band.
I hope company and merchant bankers will leave something for IPO Investors 🙏
I am not posting hourly subscription figures of Niva Bupa IPO as there is hardly any public interest in this IPO.
I will post subscription figures once in 3 hrs for this IPO.
I will post subscription figures once in 3 hrs for this IPO.
No GMP quotes for any IPO as of now.
Brokers are waiting for authentic news regarding NTPC Green Energy IPO.
Brokers are waiting for authentic news regarding NTPC Green Energy IPO.
Earnings Post Market (8th, 9th, 10th Nov)
1) Auro Pharma (In Line With Expectations)
2) Divis Lab (Above Estimate)
3) Tata Motors (Below Estimate)
4) Asian Paints (Below Estimate)
5) Archean Chemicals (YoY Weak, QoQ Flat)
6) Ikio Lighting (YoY Weak, QoQ Flat)
7) Jupiter Wagon (YoY Weak, QoQ Flat)
8) DOMS (YoY Good, QoQ Flat)
9) Welspun Corp (YoY Weak, QoQ Better)
10) Atul Auto (YoY Weak, QoQ Good)
11) Whirlpool (YoY Good, QoQ Weak)
12) Ramco Systems (Flat)
13) SCI (Good)
14) Kovai Medical (Good)
15) HCG (Good)
16) Metropolis (Good)
17) Samhi Hotel (Good)
18) Fortis Hospital (Good)
19) Premier Energies (Good)
20) Vishnu Prakash (Good)
21) Khadims (Good)
22) Fine Organics (Good)
23) HBL Power (Good)
24) Affle India (Good)
25) KIMS (Good)
26) Pakka (Good)
27) Relaxo (Weak)
28) Aarti Ind (Weak)
29) Dreamfolks (Weak)
30) Signature Global (Weak)
31) Goa Carbon (Weak)
32) Ola Electric (Weak)
33) CE Info (Weak)
34) TVS Elec (Weak)
1) Auro Pharma (In Line With Expectations)
2) Divis Lab (Above Estimate)
3) Tata Motors (Below Estimate)
4) Asian Paints (Below Estimate)
5) Archean Chemicals (YoY Weak, QoQ Flat)
6) Ikio Lighting (YoY Weak, QoQ Flat)
7) Jupiter Wagon (YoY Weak, QoQ Flat)
8) DOMS (YoY Good, QoQ Flat)
9) Welspun Corp (YoY Weak, QoQ Better)
10) Atul Auto (YoY Weak, QoQ Good)
11) Whirlpool (YoY Good, QoQ Weak)
12) Ramco Systems (Flat)
13) SCI (Good)
14) Kovai Medical (Good)
15) HCG (Good)
16) Metropolis (Good)
17) Samhi Hotel (Good)
18) Fortis Hospital (Good)
19) Premier Energies (Good)
20) Vishnu Prakash (Good)
21) Khadims (Good)
22) Fine Organics (Good)
23) HBL Power (Good)
24) Affle India (Good)
25) KIMS (Good)
26) Pakka (Good)
27) Relaxo (Weak)
28) Aarti Ind (Weak)
29) Dreamfolks (Weak)
30) Signature Global (Weak)
31) Goa Carbon (Weak)
32) Ola Electric (Weak)
33) CE Info (Weak)
34) TVS Elec (Weak)
Everyone please note that 👇
Stock Exchanges will remain close on Wednesday 20 November 2024 due to Assembly Elections in Maharashtra.
Hence Bank Nifty Weekly Expiry will be on Tuesday 19 Nov 2024
Maharashtra Government notifies 20th November 2024 as a public holiday under Representation of People’s Act for Vidhan Sabha Elections.
Stock Exchanges will remain close on Wednesday 20 November 2024 due to Assembly Elections in Maharashtra.
Hence Bank Nifty Weekly Expiry will be on Tuesday 19 Nov 2024
Maharashtra Government notifies 20th November 2024 as a public holiday under Representation of People’s Act for Vidhan Sabha Elections.
NTPC Green Energy IPO GMP is going down and down and down.
No clarity on Price Band yet .. !!
No clarity on Price Band yet .. !!