Saatvik Green Energy Ltd. · NSE:SAATVIKGL
Saatvik Green Energy — Q2 FY2026 Earnings Presentation
34 slides from Saatvik Green Energy's earnings presentation, Nov 6, 2025
Slide 1: Stock exchange covering letter
Ref.: SGEL/SE/2025-26/29 November 06, 2025 To, To, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street Exchange Plaza, C-1, Block G, Bandra Kurla Mumbai – 400001 Complex Bandra (E), Mumbai – 400 051 Scrip Code: 544526 Sym
Slide 2: Investor Presentation Q2 FY2026
Investor Presentation Q2 FY2026 Saatvik Green Energy Limited
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Saatvik Green Energy Limited (the “Company”), are solely for information purposes and do not constitute, and should not be construed as, any offer, recommendation, or invitation to purchase or
Slide 4: Table of Content
TABLE OF CONTENT 01 Result Highlights 02 About us 03 Industry Highlights Financial performance 04 and Business Updates 05 Appendix 3
Slide 5: Result Highlights
SAATVIK Result Highlights
Slide 6: Result Highlights – Q2 FY26
RESULT HIGHLIGHTS – Q2 FY26 Revenue EBITDA PAT INR 7,680.29 Mn INR 1,235.24 Mn INR 832.38 Mn +61.59 % Y-on-Y +38.96 % Y-on-Y +36.39 % Y-on-Y ROE ROCE Debt Equity Ratio 16.80 % 21.85 % 0.44 (Improved leverage from 1.36 in FY25) 5 Note : ROE (Return on Equity) and ROCE (Return on Capital Employed) are
Slide 7: About us
K — SAATVIK A Ss. RA BETTI vs -
Slide 8: Our Story So Far
OUR STORY SO FAR A Listed Company Pioneering Progress & Expansion • Company got listed on both NSE and BSE, enhancing its visibility, credibility, and access to capital markets. • Launched UDAY Series of on-grid inverters, expanding into comprehensive solar ecosystem solutions. • Achieved Module Man
Slide 9: Manufacturing Capability
MANUFACTURING CAPABILITY 125 MW 285 MW 564 MW 1.8 GW 2.8 GW 4.8 GW 2019-21 Apr-24 2016-19 2023-24 Dec-24 Sep-25 Our Core Values QUALITY RELIABILITY INTEGRITY TEAMWORK TRUST
Slide 10: Expanding Footprint Nationwide
EXPANDING FOOTPRINT NATIONWIDE 19 Resellers 31 Distributors 13 Channel Partners Total 63 Selling partners Selling partners 9 Note: The map of India shown is for illustrative purposes only and does not represent political boundaries or exact locations.
Slide 11: Leading Manufacturer offering Integrated Solutions
Leading Manufacturer offering Integrated Solutions One of the fastest growing solar Recently secured LoA modules manufacturing from MSEDCL for the company in India with ~4.8 GW installation of 1,500 operational capacity. solar pumps. Solar Solar Inverters Cells EPC / O&M Solar cell facility to be op
Slide 12: Industry Highlights
SAATVIK Industry Highlights
Slide 13: Recent Industry Developments
Recent Industry Developments GST Relief for Renewable Energy Sector • The GST Council has reduced the tax rate on solar modules, cells and inverters from 12% to 5%, providing a major boost to India’s clean energy sector. • This move is expected to lower project costs, improve affordability, and acce
Slide 14: Aligned with India's Energy Transition
Aligned with India’s Energy Transition • Promotes solarization of agriculture • Aims to install 10 million rooftop solar through pumps and grid-connected systems across India. PM Surya systems. • Provides up to 300 units of free electricity per PM-KUSUM • Targets 30.8 GW capacity, supporting month f
Slide 15: Well-Positioned to Capture Favorable Industry Tailwinds
Well-Positioned to Capture Favorable Industry Tailwinds Increase in Energy demand by Fiscal 2030 (in BU) Renewable energy capacity of over 190GW-200GW is expected to be installed between FY25-30P at a CAGR of 16-17% Coal Energy Requirement Energy Availability Energy Demand CAGR: 5.5 - 6.0% Solar 2,2
Slide 16: Financial Performance and Business Updates
Financial Performance and Business Updates 15
Slide 17: Summary of Financial Performance
SUMMARY OF FINANCIAL PERFORMANCE Revenue from Operations (INR Mn) EBITDA (INR Mn) EBITDA Margin % 18.70% 16.08% 17.95% 18.09% 133% 16,838 135% 3,046 62% 7,680 7,213 39% 1,235 1,295 4,753 889 Q2FY25 Q2FY26 H1FY25 H1FY26 Q2FY25 Q2FY26 H1FY25 H1FY26 16
Slide 18: Summary of Financial Performance
SUMMARY OF FINANCIAL PERFORMANCE PAT (INR Mn) Debt/Equity (x) PAT Margin % 12.84% 10.84% 11.41% 12.00% 146% 2,021 2.18 1.37 1.36 36% 832 823 610 0.44 Q2FY25 Q2FY26 H1FY25 H1FY26 Q4FY24 Q2FY25 Q4FY25 Q2FY26 17
Slide 19: Summary of Financial Performance
SUMMARY OF FINANCIAL PERFORMANCE Net Debt (INR Mn)2 ROCE & ROE (%)2 CRISIL A- rated as on April 21, 2025 5,155 ROCE % ROE% 4,942 83.20% 63.41% 64.07% 2,625 2,702 60.45% 16.80% 21.85% Q4FY24 Q2FY25 Q4FY25 Q2FY26 FY24 FY25 H1FY26 Note: 1. While calculating net debt, the IPO proceeds and restricted cas
Slide 20: Summary of Financial Performance
SUMMARY OF FINANCIAL PERFORMANCE Production (in MW) and Capacity Utilization Strong Order book (As on 30th Sep 2025) Effective Capacity Utilization % 87.56% 83.10% 71.62% 82.34% 204% 1,477 152% 792 4.68 GW 97% of current installed capacity 486 314 Q2FY25 Q2FY26 H1FY25 H1FY26 19
Slide 21: Recent Company updates
Recent Company updates ₹638.85 Crore Repeat Orders for Solar PV Modules • Received repeat domestic orders from three leading Independent Power Producers (IPPs) / EPC players for supply of solar PV modules. • The contracts, valued at ₹638.85 crore, are scheduled for execution by June 2026. Launch of
Slide 22: Financial Results
FINANCIAL RESULTS Consolidated Statements of Profit and Loss : Figures in INR Mn Quarter Ended Six Months Ended September 30, September 30, September 30, September 30, Particulars June 30, 2025 2025 2024 2025 2024 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenue from operations 7,
Slide 23: Financial Results
FINANCIAL RESULTS Consolidated Statement of Assets and Liabilities (1/2) Figures in INR Mn As at September 30, 2025 As at March 31, 2025 Particulars (Unaudited) (Audited) ASSETS (1) Non-current assets Property, plant and equipment 3,071.27 2,592.94 Intangible assets 0.90 1.18 Capital work in progres
Slide 24: Financial Results
FINANCIAL RESULTS Consolidated Statement of Assets and Liabilities (2/2) Figures in INR Mn As at September 30, 2025 As at March 31, 2025 Particulars (Unaudited) (Audited) EQUITY AND LIABILITIES (1) EQUITY Equity share capital 254.22 224.10 Other equity 11,775.84 3,152.49 Total equity 12,030.06 3,376
Slide 25: Financial Results
FINANCIAL RESULTS Extract of Consolidated Cashflow Statement Figures in INR Mn Six Months Ended Figures in INR Mn Particulars September 30, 2025 September 30, 2024 (Unaudited) (Unaudited) A. Cash flow from operating activities : Operating cash flows before movements in working capital 2,992.52 1,038
Slide 26: Capacity Expansion Plans
CAPACITY EXPANSION PLANS Expanding plans and Backward Integration 2026 2027 Current module Expanding in Odisha with Setting up cell facility in Added a capacity of capacity of plans to set up Odisha of capacity 1.0 GW 4.8 GW 4.00 GW 4.80 GW in Ambala in Q2 FY26 as on Sept 30, 2025 module capacity to
Slide 27: Appendix
— SAATVIK D> FOR A BETTER FUTURE Appendix
Slide 28: Management Team
MANAGEMENT TEAM Neelesh Garg Manik Garg Prashant Mathur Abani Kant Jha Promoter, Chairman & Promoter & Managing Chief Executive Officer Chief Financial Officer Managing Director Director • Over 21 years of experience in • Over 21 years of experience in finance • Over 9 years of experience in the • R
Slide 29: Management Team
MANAGEMENT TEAM Manavika Garg Bhagya Hasija Sudhir Kumar Bassi Narendra Mairpady Promoter & Non Executive Company Secretary & Independent Director Independent Director Director Compliance Officer • Over 32 years of experience in the • Over 21 years of experience in the • Over 7 years of experience i
Slide 30: Recognised with Global Certifications, Highlighting Products High Quality
RECOGNISED WITH GLOBAL CERTIFICATIONS, HIGHLIGHTING PRODUCTS HIGH QUALITY Manufacturing facility has obtained various certifications Credit rating CRISIL A- rated as on April 21, 2025 Product Certifications IEC 61215:2005 IEC 61215-2:2021 UL 61730-1:2022, UL 61730-2:2022 Crystalline silicon PV modul
Slide 31: SDG Aligned Sustainability Initiatives
SDG ALIGNED SUSTAINABILITY INITIATIVES Educational CSR: Developing smart classrooms in Equal opportunity employment practices with special Comprehensive employee health programs including safety support initiatives for girls in educational government schools, providing scholarships, installing regul
Slide 32: SDG Aligned Sustainability Initiatives
SDG ALIGNED SUSTAINABILITY INITIATIVES Technology excellence through energy-efficient Comprehensive waste management: Systematic waste equipment deployment including IE3+ motors, segregation, hazardous waste handling, and e-waste Significant renewable energy adoption with 1,600 KW advanced compresso
Slide 33: Community Empowerment Activities
COMMUNITY EMPOWERMENT ACTIVITIES 2 Smart Classrooms, Rajkiy Vidyalaya, Itawa Running Eye Care Unit at Sri Sathya Sai Manav Artificial Limbs Donation Camp, Chandigarh Bhopji, Rajasthan Seva Safe Drinking water project, Itawa Bhopji, Education Sponsorship through Bhartiya Vidya 27 CCTV cameras for gir
Slide 34: Thank You
THANK YOU SAATVIK GREEN ENERGY LIMITED Registered Office : Vill. Dubli, V.P.O Bihta Tehsil, Ambala – 133 101, Haryana, India Corporate Office : Tower A, IFFCO Complex, Plot No. 3, Sector 32, Gurugram-122 001 Haryana, India Telephone : 0124-3626755 Email : investors@saatvikgroup.com Website : https:/
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