Powerica Limited · NSE:POWERICA
Powerica — Q3 FY26 Earnings Presentation
39 slides from Powerica's earnings presentation, Apr 21, 2026
Slide 1: Exchange filing cover letter: Investor Presentation
P OWERICA L IMITED iffi!iAJJ A PROMISE FOR POWER Regd. Office & Corp. Mktg. Office: 9th Floor, Bakhtawar, Nariman Point, Mumbai 400 021. Tel +91 22 6656 2525 E-mail atp@powericaltd.com Web www.powericaltd.com CIN : U31100MH1984PLC032825 Date: April 21, 2026 To To Sr. General Manager Sr. General Mana
Slide 2: Powerica Limited Investor Presentation Q3 FY26
Powerica Limited Investor Presentation Q3’ FY26
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Powerica Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities,
Slide 4: Quarterly Overview
POWERICA ISE FOR POWER Quarterly Overview
Slide 5: Successful IPO Listing on NSE and BSE in April '26
Successful IPO Listing on NSE and BSE in April ’26 IPO Proceeds of INR 1,100 Cr Primary Issuance Offer for Sale (OFS) INR 700 Cr INR 400 Cr Net Proceeds of INR 662 Cr* • INR 525 Cr - Prepayment/repayment of certain outstanding borrowings availed in part or full • INR 137 Cr - The amount to be utiliz
Slide 6: Management Commentary
Management Commentary “Listing on the public markets represents a significant step forward for Powerica and we are excited about the journey ahead. As we warmly welcome our new investors, we would also like to extend our gratitude to all the stakeholders including our employees, customers, business
Slide 7: Key Highlights: Quarterly and Nine Monthly Performance
Key Highlights: Quarterly and Nine Monthly Performance (INR Cr) Revenue from operations Gross Profit EBITDA PAT 14.5% 33.4% 36.2% 14.2% 13.6% 7.0% 10.5% Margins 24.9% CAGR 2,210 24.1% 1,931 800 9.6% Q3 H1 763 704 645 252 300 +72.4% 274 219 80 232 84 98 1,447 135 1,227 548 30 426 190 220 105 135 9MFY
Slide 8: Segmental Mix
Segmental Mix (INR Cr) 9MFY26 9MFY25 YoY FY 25 Generator Set Business Division 1,807.16 1,616.03 11.8% 2,255.19 Wind Power Business Division 403.21 315.05 28.0% 398.08 Total 2,210.37 1,931.08 14.5% 2,653.27 • Revenue mix plays an important role in margin structure. Typically, variances are seen in t
Slide 9: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement (INR Cr, Unless mentioned otherwise) Q3FY26 Q3FY25 YoY 9MFY26 9MFY25 YoY FY 25 Revenue From Operations 762.93 704.22 8.3% 2,210.37 1,931.08 14.5% 2,653.27 • Following the IPO, the company has Cost of goods sold 510.82 485.49 1,410.19 1,286.44 1,814.19 repaid ap
Slide 10: Company Overview
POWERICA ISE FOR POWER Company Overview
Slide 11: Business Structure
Business Structure 50% Equity Platino Automotive Holding Private Limited (Associate Co.) Click Here for Video Link Generator Set Wind Power RECD3 Business Business Business DG1 Sets MSLG2 EPC and O&M for Powered by In association with Allied Businesses IPP Business Balance of Plant Cummins Engines H
Slide 12: Key Business Highlights
Key Business Highlights Generator Set Business Wind Power Business Manufacturing of DG Sets Independent Power producer • Powered by Cummins Engines (7.5 KVA – 3,750 KVA) • As on the date of RHP, our operational wind power projects with an End-to-end solutions for Medium Speed Large Generators instal
Slide 13: Strategic Partnerships
Strategic Partnerships We maintain strong and enduring relationships with established industry players across industries Cummins India Limited Hyundai Heavy Industries GE Vernova Vestas Wind Technology4 Schneider Electric One of the leading engine Enabled us to expand our • 3 projects commissioned •
Slide 14: Board of Directors
Board of Directors Bharat Oberoi Pradeep Omprakash Gupta Renu Naresh Oberoi Jai Ram Oberoi Chairman and Managing Director Whole-Time Director Whole-Time Director Whole-Time Director Over 30 years of experience in the Over 34 years of experience in Over 12 years of experience in wind Responsible for
Slide 15: Generator Set Business
POWERICA ISE FOR POWER Generator Set Business
Slide 16: Diesel Generator Sets
Diesel Generator Sets Cummins Engine Powered DG sets, ranging from 7.5KVA to 3,750 KVA DG Set Offerings 40+ year old OEM partnership Customers across diverse with Cummins market segments • Marketing, manufacturing, supplying, testing, • Support in development and • Commercial (including real- instal
Slide 17: Medium Speed Large Generators
Medium Speed Large Generators Single-unit capacities ranging from 3,000 kVA to 10,000 kVA Non-Exclusive Association with Hyundai since 2014 All Hyundai-sourced MSLG enquiries for India are channeled through us Comprehensive Solutions MSLG Applications Current Projects • Pre-purchase consultancy • Th
Slide 18: Allied Business
Allied Business EMI Shelters and MIL DG Sets for Defense Applications • In-house facilities for design, prototype manufacturing, production, testing and approval from Defense Research and Development Organization (DRDO) and other defense equipment testing organizations • Capacity expansion plans are
Slide 19: Retrofit Emission Control Devices (RECDs)
Retrofit Emission Control Devices (RECDs) RECD business through associate company, Platino Automotive Private Limited Platino holds certifications from ARAI and ICAT for RECD technology • Recognising the increasing demand for environmentally sustainable technologies and stricter regulatory requireme
Slide 20: Manufacturing Facilities
Manufacturing Facilities Land parcel available at Khopoli plant to support future expansion Bengaluru Silvassa Khopoli Land Area 50,585 sq. m 39,395 sq. m 85,570 sq. m MIL DG Sets, EMI-EMC Shelters & Products DG Sets DG Sets, PRISMA Control Panels containers, Canopies 50 EMI-EMC / MIL DG Installed C
Slide 21: Wind Power Business
POWERICA ISE FOR POWER Wind Power Business
Slide 22: Wind Power Business - IPP
Wind Power Business - IPP IPP Portfolio Pipeline Projects Current Customers Current Portfolio: Projects Under Construction: • Customer base comprises • 12 operational projects • One projects at 25-year PPAs. government-owned aggregating to 330.85MW* 50.00MW1 @ INR 3.81/kWh distribution utility compa
Slide 23: EPC and O&M for BoP Capabilities
EPC and O&M for BoP Capabilities EPC Service Provider, encompassing complete project development, resource studies, Balance of Plant construction, electrical work (transmission lines and substations) and other installations EPC & O&M Capabilities Continued traction in the EPC & O&M for BoP Business
Slide 24: Financials
POWERICA ISE FOR POWER Financials
Slide 25: Key Financial Metrics (1/2)
Key Financial Metrics (1/2) Revenue from operations EBITDA PAT (INR Crs.) EBITDA Margin - Wind Business PAT PAT Margin Generator Set Business 24.9% CAGR EBITDA Margin - Generator Set Business EBITDA - Wind Business Wind Power Business EBITDA - Generator Set Business Include one-time gain 450 2,378 2
Slide 26: Key Financial Metrics (2/2)
Key Financial Metrics (2/2) Leverage Ratios Return Ratios Net Debt/Equity Net Debt/EBITDA Return on Capital Employed Return on Equity 43.47% 2.20x 26.50% 27.02% 17.53% 13.90% 0.74x 0.75x 11.60% 0.31x 0.40x 0.40x 0.16x 0.24x NA FY23 FY24 FY25 H1' FY26 * FY23 FY24 FY25 H1'FY26 * Net Cash from Operatin
Slide 27: Strengths & Strategies
POWERICA A PROMISE FOR POWER Strengths & Strategies
Slide 28: Our Strengths
Our Strengths Established Position in the Generator Set Market Collaborations and Alliances with Established Industry Players Strong Technical and Execution Capabilities Large and Diversified Customer Base Experienced and Proven Management Team and Board of Directors Balanced Business Portfolio with
Slide 29: Growth Strategies
Growth Strategies Capitalize on Continued Demand for Continue to develop our Wind Power Generator Sets Business & diversify into Solar Hybrid Projects Growing power demand, grid instability, and EV infrastructure expansion are Well-positioned across IPP, EPC, and 1 2 O&M segments, with a robust pipe
Slide 30: Industry Overview
POWERICA ISE FOR POWER Industry Overview
Slide 31: Indian DG Market Overview (1/2)
Indian DG Market Overview (1/2) India DG Market Size^ INR Cr CAGR: 10.50% CAGR^: 17.19% 23,803 21,541 19,494 17,642 15,966 13,202 14,449 10,521 FY 23 FY 24 FY 25 FY 26E FY 27E FY 28E FY 29E FY 30E Criticality of Standby Power Key Growth Drivers • Frequency and power outages in India; Power • Increas
Slide 32: Indian DG Market Overview (2/2)
Indian DG Market Overview (2/2) Power demand in datacentres projected to witness a sharp rise in demand from 1.4 GW in FY2025 to 4.7 GW in FY2030E, registering a CAGR of 27.41% Data center capacity in India, FY2023-FY2030E (in MW)^ CAGR: 27.41% 4,700 3,900 3,100 2,400 1,800 1,300 1,400 919 FY 23 FY
Slide 33: India Power Sector Overview (1/2)
India Power Sector Overview (1/2) India per capita consumption of power is lower than other economies India Power Demand to continue growing Power demand (TWh) CAGR FY26-30F: 12,716 4-6% 9,829 CAGR FY19-24: 5% 2,120 – 2,130 7,182 6,528 6,045 1,626 1,694 1,715 – 1,725 kWh 5,050 1,513 4,144 1,275 1,29
Slide 34: India Power Sector Overview (2/2)
India Power Sector Overview (2/2) India wind potential higher than solar – Wind potential concentrated in few states Renewable Power is now cheaper and faster to construct than conventional power plants Powerica wind power Form of Power Coal Hydro Solar Wind operations in state of Gujarat Constructi
Slide 35: Annexures
POWERICA ‘OR POWER Annexures
Slide 36: Restated Profit and Loss Statement
Restated Profit and Loss Statement^ (INR Cr, Unless mentioned otherwise) FY 25 FY 24 FY 23 9MFY26 Revenue From Operations 2,653.27 2,210.00 2,378.26 2,210.37 Cost of goods sold 1,814.19 1,437.74 1,568.28 1,410.19 Gross Profit 839.08 772.26 809.98 800.19 % Margin 31.6% 34.9% 34.1% 36.2% Employee bene
Slide 37: Restated Balance Sheet
Restated Balance Sheet^ Particulars (INR Crs) FY 23 FY 24 FY 25 H1’ FY26 Particulars (INR Crs) FY 23 FY 24 FY 25 H1’ FY 26 Non-Current Assets: Equity: a) Property, Plant and Equipment 1,076.60 931.45 839.93 800.64 a) Equity Share Capital 16.70 13.60 13.60 54.41 b) Other Equity 777.88 898.67 1,070.95
Slide 38: Restated Cash Flow Statement
Restated Cash Flow Statement^ Particulars (Rs. Crs) FY 25 FY 24 FY 23 H1’ FY26 Net Profit Before Tax 245.63 340.73 200.04 174.87 Adjustments for: Non -Cash Items / Other Investment or Financial Items 101.74 30.06 159.04 42.18 Operating cash flows before working capital changes 347.37 370.79 359.08 2
Slide 39: Company and Investor Relations Advisor contacts
Company: Powerica Limited CIN: U31100MH1984PLC032825 Ritesh Kumar Agrawal, Group Chief Financial Officer Anita Praful Renuse, Secretary & Compliance Officer E-mail id: investorrelations@powericaltd.com Investor Relations Advisor: Strategic Growth Advisors Pvt Ltd. CIN: U74140MH2010PTC204285 Shikha P