Sahaj Solar Limited · NSE:SAHAJSOLAR
Sahaj Solar — H2 FY26 Earnings Presentation
30 slides from Sahaj Solar's earnings presentation, May 2026
Slide 1: Investor presentation H2 & FY26
SOLAR LIMITED Investor presentation H2 & FY26 May 2026
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by and is the sole responsibility of Sahaj Solar Limited. By accessing this presentation, you are agreeing to be bound by the trailing restrictions This presentation does not constitute or form part of any offer or invitation or inducement to sell or is
Slide 3: Agenda
01 Financial highlights 02 Company at Glance 03 Strategic Updates 04 Business Segments TABLE 05 Financial Performance 06 Annexures
Slide 4: Financial Highlights
SOLAR LIMITED ECK FINACIAL HIGHLIGHTS
Slide 5: Management Comment
MANAGEMENT COMMENT “ “FY26 has been a landmark year for Sahaj Solar Limited, marked by strong revenue growth, improved profitability, and significant expansion in business. Revenue from operations increased to ₹419.2 crore in FY26 as compared to ₹329.8 crore in FY25, reflecting a growth of ~27% driv
Slide 6: Result Highlights – H2 FY26
RESULT HIGHLIGHTS – H2 FY26 Revenue EBITDA PAT INR 308 Cr INR 43 Cr INR 25 Cr +33 % Y-on-Y +25% Y-on-Y +9 % Y-on-Y ROE ROCE Debt Equity Ratio 24% 16.6% 1.27
Slide 7: Company at a Glance
SOLAR LIMITED ‘Shine with Solar Power joo] ooo ooo oo00 AT GLANCE ooo
Slide 8: Sahaj Solar – Sustainability Through Clean Energy
SAHAJ SOLAR – SUSTAINABILITY THROUGH CLEAN ENERGY A fast growing, vertically integrated renewable energy company, Sahaj Solar powers the entire clean-energy value chain - from high-performance PV module manufacturing, to large-scale water pumping solutions and end-to-end EPC projects.. 14+ Years 24%
Slide 9: Vision and Mission
Our Our Vision VISION Vision is to enrich life on Earth by providing innovative and high- quality Solar Energy solutions to society. & MISSION Statement Our Mission Mission is to make renewable energy accessible and affordable through advanced technology, efficient cost management, and personalized
Slide 10: Strategic Update
STRATEGIC les UPDATE
Slide 11: Strategic Growth Drivers
STRATEGIC GROWTH DRIVERS SCALING GLOBAL & DOMESTIC DEEPENING VERTICAL HIGH-GROWTH SOLUTIONS FOOTPRINT INTEGRATION POWERED BY Expanding our footprint across key Manufacturing modules, structures, and STRATEGIC PARTNERSHIPS Indian states and controllers in-house to improve margins, Transformative new
Slide 12: Revenue Grew 5X in Four Years
REVENUE GREW 5X IN FOUR YEARS.. Revenue (in INR cr) Revenue 419 FY26 MARKED A MAJOR STEP A LANDMARK YEAR IN SAHAJ’S EXCLUSIVE PARTNERSHIP 330 CHANGE FOR SAHAJ SOLAR, WITH GROWTH STORY, WITH REVENUE WITH IDMC (NDDB) TO REVENUE GROWING OVER ~27% RISING ~27% YOY. SOLARIZE INDIA’S DAIRY YOY. COLD-CHAIN
Slide 13: Our USPs
OUR USPS Advanced Technology High-Growth Pipeline Through Strategic Partnerships High-efficiency anti-soiling modules built for superior performance. Exclusive IDMC partnership to solarize the dairy cold chain, complemented by major rooftop RESCO and EPC pumping wins. Emerging EPC Growth Engine Stra
Slide 14: White Revolution Meets Green Revolution
WHITE REVOLUTION MEETS GREEN REVOLUTION STRATEGIC PARTNERSHIP WITH IDMC FOR SOLARIZING BMCS Overview Objective Sahaj Solar Ltd. has entered into an exclusive partnership with IDMC Limited, a The partnership aims to deploy hybrid solar- subsidiary of NDDB, to solarize India’s dairy cold-chain infrast
Slide 15: Future Guidance
FUTURE GUIDANCE 30%+ 12%+ Key Drivers Invested in new innovative technology for Continued Government Support and Solar Panel with anti soil coating and Nano Budgetary allocations to Solar Initiatives like Revenue Growth EBITDA Margin technology coating to increase the panel PM-KUSUM Scheme and enter
Slide 16: Business Segment
BUSINESS SEGMENT
Slide 17: Global Energy Landscape for Solar
GLOBAL ENERGY LANDSCAPE FOR SOLAR 435 GW India’s share of power generation capacity In the next 5 years… 3,900 GW • Solar to Become the Largest Source of Renewable Global share of Renewables Capacity Globally by 2030 • Global solar capacity is projected to exceed ~7,000 100 GW GW by 2030, making sol
Slide 18: Fully Integrated Solar Water Pumping Solutions
FULLY INTEGRATED SOLAR WATER PUMPING SOLUTIONS Product Type Project Size AC Pumps DC Pumps Submersible Pumps Surface Pumps 1HP 2HP 3HP 5HP 7.5HP 10HP Backward Integration In-house fabrication of major components has helped the Forward Integration company build a strong connect on the grounds of proj
Slide 19: Offering End-to-End EPC Capabilities – Emerging Growth Engine
OFFERING END-TO-END EPC CAPABILITIES – EMERGING GROWTH ENGINE Domestic Pipeline Provider of Ground Mount Solar Project Type Estimated Value (Rs. Cr) Systems, rooftop solar power plants, solar streetlights, solar mobile trolleys, Solar Water Pumping System 107 and off grid power plants. Off-grid Sola
Slide 20: Enhancing the Pan India Presence and Capitalizing on Promising Markets
ENHANCING THE PAN INDIA PRESENCE AND CAPITALIZING ON PROMISING MARKETS.. Expanding Regional Foothold Sahaj Branches • Solar water pump project execution across Haryana, Uttar Pradesh, Maharashtra, Tripura, Manufacturing Facility Assam & Gujarat. • 4.8 MW DREBP government plant under execution in Guj
Slide 21: Financial Performance
FINANCIAL i PERFORMANCE
Slide 22: Financial Performance
FINANCIAL PERFORMANCE Revenue (Rs. Crores) EDITDA & EBITDA Margin % PAT Margin 60 54 35 8% 30 10% 419 50 43 28 30 330 7% 8% 40 25 7% 20 6% 185 201 30 24 3% 15 13 20 13.00 4% 67 11 5.00 10 6 5.00 13.00 2% 2% 10 4 5.00 5 1 FY22 FY23 FY24 FY25 FY26 0 0 0% FY22 FY23 FY24 FY25 FY26 Revenue (Rs. Crores) F
Slide 23: Key Performance Indicators
KEY PERFORMANCE INDICATORS Particulars FY26 FY25 YoY H2 FY26 H2 FY25 YoY Operating Revenues (in crs) 419 330 27% 308 232 33% EBITDA 54 43 24% 43 34 25% EBITDA Margin 13% 13% -31 bps 14% 15% -89 bps PAT 30 28 8% 25 23 9% PAT Margin 7% 8% -126 bps 8% 10% -184 bps
Slide 24: Statement of Profit and Loss
STATEMENT OF PROFIT AND LOSS (Rs. In Crores except percentages and ratios) Particulars FY26 FY25 YoY H2 FY26 H2 FY25 HoH Revenue from Operations 419 330 27% 308 232 33% Other income 2 1 1 0 - Total Income 421 331 309 232 - COGS 330 264 243 182 - Gross Profit 91 67 37% 66 49 34% Margin 22% 20% 150 bp
Slide 25: Statement of Balance Sheet
STATEMENT OF BALANCE SHEET Particulars FY23 FY24 FY25 FY26 Particulars FY 23 FY24 FY25 FY26 Equity and Liabilities Non-Current Assets Shareholders’ funds - - - - PPE, Intangible Assets & Capital WIP 8 7 6 35 a. Share capital 8 8 11 22 Non-Current Investment - - - b. Reserves and surplus 9 25 98 116
Slide 26: Annexures
ANNEXURES [=
Slide 27: A Workforce That Sets the Standard for Success
A WORKFORCE THAT SETS THE STANDARD FOR SUCCESS Shardul Thakore Sureshchandra Nahrsinh Rao Pramit Brahmbhatt Kanaksinh Gohil Executive Director Non-Executive Director Managing Director Executive Director With over 33 years of experience in the energy (20 years) and infrastructure He has driven the co
Slide 28: Our Board Members
OUR BOARD MEMBERS.. Amita Parikh Niren Dalal Yagnavalkya Joshi Dilip Joshi Manan Brahmbhatt Company Secretary Independent Director Independent Director Chief Financial Officer Independent Director She brings over 30 years of With over 30 years of service in the His expertise in Finance, Having more
Slide 29: Our Projects
OUR PROJECTS Industrial Solar Rooftop Projects Solar Micro Grid Projects Solar Water Pumping Projects Solar Street Light & High Mast Porjects Solar Car Port Projects
Slide 30: Thank You
THANK YOU For further information, please contact Sahaj Solar Limited Mr. Yagnavalkya Joshi cs@sahajsolar.com Adfactors PR Pvt Ltd Ms. Saloni Nagvekar / Ms. Nishita Bhatt Saloni.nagvekar@adfactorspr.com Nishita.bhatt@adfactorspr.com