Premier Energies Strengthens Renewable Portfolio Through 51% KSolare Stake Purchase for ₹86.7 Crore

Premier Energies has announced the acquisition of a 51% stake in KSolare Energy Pvt Ltd for ₹86.7 crore, marking a strategic entry into the solar inverter manufacturing segment. The company’s board approved the deal during a meeting held on October 23, 2025, according to a stock exchange filing. 

Following the transaction, KSolare will operate as a subsidiary of Premier Energies, while the remaining 49% stake will be acquired by Syrma SGS Technologies Ltd for ₹83.3 crore.

KSolare Energy: Business Overview

Incorporated in 2012, KSolare Energy specialises in on-grid, off-grid, and hybrid solar inverters, alongside smart energy solutions. The company operates a production facility in Pune with an annual capacity of 500,000 inverters. 

KSolare reported revenue of ₹342 crore in fiscal 2025, up from ₹226 crore in FY24 and ₹145 crore in FY23, reflecting consistent growth over recent years.

Strategic Significance of the Acquisition

Premier Energies has highlighted that the acquisition will allow it to expand into the residential solar inverter market, a segment seeing growing demand. The move aligns with government initiatives such as the PM Surya Ghar Muft Bijli Yojana, aimed at boosting clean energy adoption in households. 

The transaction is structured as a cash deal and is expected to close within 90 days, subject to customary closing conditions. Under the share purchase and shareholders’ agreements, Premier Energies and Syrma SGS will jointly manage KSolare, with each appointing two directors to its board. Premier Energies will also hold the right to name the chairman, ensuring active involvement in strategic decisions.

Premier Energies Share Price Performance

As of 23 October 2025, 4:01 p.m., Premier Energies Share Price ended at ₹1,070, up 1.08% on the NSE. The stock has a market capitalisation of ₹48,514 crore, underlining its position as a leading integrated solar PV manufacturer in India.

The stock has recorded a 52-week high of ₹1,388 and a low of ₹756, reflecting steady investor interest. With a price-to-earnings ratio of 46.3 and a book value of ₹62.6, the company maintains solid fundamentals. Premier Energies also offers a dividend yield of 0.09%, supported by a return on capital employed of 41.1% and a return on equity of 53.6%. 

Read More:Premier Energies Q1FY26 Earnings Revenue Rises 10% YoY

Conclusion

The acquisition of a 51% stake in KSolare positions Premier Energies to broaden its footprint in the solar inverter market, complementing its existing solar PV operations. With steady revenue growth at KSolare and active board involvement, the company is set to leverage synergies in manufacturing and distribution.

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