Waaree Renewable Technologies Ltd · NSE:WAAREERTL
Waaree Renewable Technologies — Q1 FY25 Earnings Presentation
25 slides from Waaree Renewable Technologies's earnings presentation, Jul 30, 2024
Slide 1: Waaree Renewable Technologies Limited
Execution with Pace & Comfort July 30, 2024 The Manager BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400001 Scrip No. 534618 Sub.: Investors / Earnings Presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir / Madam
Slide 2: Investor Presentation | Q1 FY25
Investor Presentation | Q1 FY25
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Waaree Renewable Technologies Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 4: Group Overview
WAAREE |RTL Execution with Pace & Comfort Group Overview
Slide 5: Vertically Integrated with Global Operations
Vertically Integrated with Global Operations 12 GW Module 6 GW+ 32 Years of Capacity & 5.4 GW Modules Supplied Industry Experience Cell Capacity by FY25 Globally TIER 1 Solar Module #1 Indian Module Products Exported in Manufacturer Manufacturer* 68+ Countries 10,000+ Projects in 1.5+ GW Projects En
Slide 6: Technologically Advanced End To End Solar Solutions
Technologically Advanced End To End Solar Solutions Module Mounting Solar Modules EPC Services Structures Rooftop Solutions Floating Solar On Grid Inverters Energy Storage Off Grid Inverters Lithium-Ion Batteries Solutions Solar Products, Water Solar Thermal Solutions Solar Partners Pump & Streetlig
Slide 7: Marquee Clients
Marquee Clients WAAREE |RTL Execution with Pace & Comfort ArcelorMittal ® ® nel nce ba MSL {acciona ADITYA BIRLA GROUP. Influence. Impact. Industries Limited cade ondeléz, Ma oe JINDAL NTPC me CONTINUUM Z5 International ‘STEEL & POWER greenke . “N NERA cota as adani CNDNipra KRoWw ® <Als> ON a X @ <
Slide 8: Company Overview
WAAREE |RTL Execution with Pace & Comfort Company Overview
Slide 9: Unique Propositions
Unique Propositions CUSTOMER CONNECT NETWORK QUALITY CERTIFICATION INNOVATION Strong Customer base of Strong & Proven Network with ISO 9001:2015 certificate Consistent Introduction of new respected industrial all stakeholders/authorities with received for Quality technologies & Innovative House/Comp
Slide 10: EPC Accomplishments
EPC Accomplishments 01 02 03 04 05 50+ MW 2,191 MWp 1.9+ GW 217+ MW 500+ MW ( More Than 400 Project ) Project site under Execution (More Than 50 Projects) Ground EPC projects executed in O&M Portfolio of solar Roof Top Mounted Mounted in INDIA and Q1 FY25 power plant assets International Locations 0
Slide 11: Our Growth Strategy
Our Growth Strategy Achieve higher growth in the EPC segment Expand in O&M markets Evaluating opportunities in both The size of the O&M market is expected to international and domestic markets to grow as more solar capacities are added secure more EPC contracts Evaluating third-party O&M Participati
Slide 12: Board of Directors
Board of Directors Mr. Nilesh Bhogilal Gandhi Mr. Pujan Pankaj Doshi Mr. Hitesh Pranjivan Mehta Mr. Viren Chimanlal Doshi Chairman & Non-Executive Independent Director Managing Director Executive Director Executive Director He holds a Bachelor's degree in Commerce, an LLB, and an He holds a BE in In
Slide 13: Key Managerial Personnel
Key Managerial Personnel Mr. Ravikesh Singh Mr. Dilip Panjwani Ms. Heema Shah Chief Operating Officer-EPC Chief Financial Officer Company Secretary & Compliance Officer He holds a B. Tech in Electrical Engg & Post He is a qualified financial professional holding She holds a Bachelor's degree in Comm
Slide 14: Strong Progress Towards Sustainability Ambitions
Strong Progress Towards Sustainability Ambitions
Slide 15: Sustainability Roadmap
Sustainability Roadmap Operation & Maintenance Expand the O&M portfolio in order to ensure the efficient functioning of our assets. Order Execution Cutting-edge R&D Refined management Establishing strong technical processes to execute projects knowhow by building cutting on time or ahead of schedule
Slide 16: Key Order Wins
Key Order Wins Engineering, Procurement and Construction (EPC) works of a solar power project o 30.0 MWp Ground Mounted solar power project (Order won in Q2FY25) o 26.4 MWp Ground Mounted solar power project (Order won in Q1FY25) o 700 KWp Rooftop solar power project (Order won in Q1FY25) o 1.090 MW
Slide 17: Advanced Operation & Maintenance
Advanced Operation & Maintenance Our O&M Advantage o Over 587+ MWp O&M Portfolio of solar power plant assets o Achieved 99%+ of plant available time and 80%+ of PR for the asset under management o Leveraging tech-based data analytics, technical audits, consulting and R&D to improve overall plant eff
Slide 18: Key Ongoing Projects
Key Ongoing Projects 295.68MWp Ground Mounted project at 210 MWp Ground Mounted project at Kurnool, Andhra Pradesh Khandwa 6.5MWp Ground Mounted Project at 70MWp Ground Mounted project at 150MWp Ground Mounted project at Raigarh, Chhattisgarh Jalna Ratlam, Madhya Pradesh 154MWp Ground Mounted projec
Slide 19: Performance Highlights Q1FY25
Performance Highlights Q1FY25
Slide 20: Solid Performance in Q1FY25
Solid Performance in Q1FY25 (Consolidated) Revenues EBITDA PAT Rs. 236.35 Crs +83.31% Rs. 41.08 Crs +206.60% Rs. 28.16 Crs +208.51% YoY change YoY change YoY change Unexecuted Order Book Successfully executed orders of Revenue from O&M 2,191 MWp 217+ MWp Rs. 2.50 Crs Note: Consolidated numbers are o
Slide 21: Key Financial Highlights
Key Financial Highlights (Consolidated) (₹ in Cr) Revenue EBITDA & EBITDA Margin PAT & PAT Margin 10.39% 17.38% 7.08% 11.91% +206.60% +208.51% 83.31% 236.35 41.08 28.16 128.94 13.40 9.13 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Revenue EBITDA & EBITDA Margin PAT & PAT Margin 23.86% 23.64% 20.44% 16
Slide 22: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Crs) Q1FY25 Q1FY24 Y-o-Y Q4 FY24 Q-o-Q FY24 FY23 Y-o-Y Revenue from Operations 236.35 128.94 273.31 876.50 350.96 Total Revenue 236.35 128.94 83.31% 273.31 -13.52% 876.50 350.96 149.74% Cost of EPC contract 185.45 111.41 190.04 644.90 252.96 Employee Expe
Slide 23: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Cr) FY24 FY23 Shareholders' Funds 246.30 102.10 Non-Current Liabilities 48.78 43.42 Current Liabilities 419.23 138.11 Total Liabilities 714.32 283.63 Fixed Assets 159.93 155.44 Other Non- Current Assets 4.05 0.64 Current Assets 550.34 127.55 Total Assets 714
Slide 24: Consolidated Cash Flow
Consolidated Cash Flow Particulars (₹ Cr) FY24 FY23 Net Cash Inflow / (Outflow) from Operating Activities 127.91 65.15 Cash Flow from Investing Activities -114.39 -65.96 Cash Flow from Financing Activities -7.18 -9.20 Net increase/ (decrease) in Cash & Cash equivalent 6.34 -10.01 Cash and cash equiv
Slide 25: Thank You
For further information, please contact: Company : Investor Relations Advisors : Waaree Renewable Technologies Ltd. Orient Capital (a division of Link Group) Thank You CIN: L93000MH1999PLC120470 Mr. Nikunj Jain +91 9769060608 Mr. Rohit Wade nikunj.jain@linkintime.co.in GM – Investor Relations Mr. Vi
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