Solarworld Energy Solutions Limited · NSE:SOLARWORLD
Solarworld Energy Solutions — Q3 FY26 Earnings Presentation
30 slides from Solarworld Energy Solutions's earnings presentation, Jan 28, 2026
Slide 1: Intimation of Investor Presentation to stock exchanges
January 28, 2026 To, To, BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai - 400 051. Scrip Code: 544532 Symbol: SOLARWORLD Sub: Intimation of Investor Presentatio
Slide 2: Solarworld Energy Solutions Limited Investor Presentation Q3FY26
Solarworld Energy Solutions Limited Investor Presentation | Q3FY26
Slide 3: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Solarworld Energy Solutions Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subsc
Slide 4: Company Overview
rey Solarworld ——- Company Overview
Slide 5: Milestones that define our Growth Story
Milestones that define our Growth Story 2013 2015 2020 2024 Incorporation of Completion of first 10 Completion of first 10 • Entered into an equity co-operation the Company MW grid connected solar MW AC / 14 MW DC agreement with ZNSHINE PV-Tech Co power plant in Telangana ground mount solar Limited,
Slide 6: Successful IPO Listing
Successful IPO Listing Shareholding Pattern Overwhelming subscription of 68.5 times As on 31st December 2025 September 2025 21.7% 1.5% o Listing done on BSE & NSE 11.2% 65.7% o IPO Price: ₹ 351 per share o Listing Price: NSE ₹ 388.50 per share BSE ₹ 389.00 per share Promoter & Promoter Group FII DII
Slide 7: End to End Solar and Storage Solutions
End to End Solar and Storage Solutions Solutions Offered Through Two Distinct Models End-to end Solutions on a Turn-key Basis No capital investment required by power purchaser Ownership of the projects vests with the customer itself RESCO (Renewable Energy Service Company) Model CAPEX Model Under th
Slide 8: Integrated EPC Framework
Integrated EPC Framework ENGINNERING & Design Site Assessment Feasibility Studies System Sizing & Layout Structural & Electrical Design Permitting & Approvals PROCUREMENT Strategic Sourcing Cost Efficiency Logistics & Supply Chain Management CONSTRUCTION Site Module Electrical Safety & Quality Testi
Slide 9: Robust Order Book and Growth Visibility
Robust Order Book and Growth Visibility Emphasis on quality execution and customer management: Ongoing Projects (As on 31st December, 2025) Leading to consistent growth in the Company’s Order Book ₹ Mn Capacity Name of Customer State Type of Project O&M (MW/AC) 26,220.90 260 MW AC SJVN Green Energy
Slide 10: Project Showcase – Delivering High EPC Performance Projects
Project Showcase – Delivering High EPC Performance Projects 75 MW AC/ 99 MW DC Parasan Project (Completed Project) Switchyard PV Module 9
Slide 11: Project Showcase – Modules Factory
Project Showcase – Modules Factory Module Factory at Roorkee, Haridwar 10
Slide 12: Visionaries Driving the Business Forward…
Visionaries Driving the Business Forward… The Promoters and Directors have Played a Significant Role in the Development and Growth of the Company... Kartik Teltia | Managing Director Sushil Kumar Jain | Non-Executive Director • Post-graduation programme in management from the Indian • Bachelor’s deg
Slide 13: Supported by Experienced Professionals Steering Execution
… supported by Experience Professionals Steering Execution Supported by Key Managerial Personnels Mukut Goyal | Chief Financial Officer Varsha Bharti | Company Secretary & Compliance Officer • Associated with Rama Paper Mills Limited, Tokai Imperial • Previously associated with The Lalit, India Fins
Slide 14: Industry Landscape
rey Solarworld ——- Industry Landscape
Slide 15: India's Energy Demand Outlook
India’s Energy Demand Outlook Power demand is expected to grow by 5.5-6.0% in the next five years which will be supported by infrastructure-linked capex, strong economic fundamentals along with expansion of the power footprint via strengthening of transmission and distribution infrastructure +5.8% 2
Slide 16: Accelerating Towards 280 GW Solar by 2030
Accelerating Towards 280 GW Solar by 2030 In GW 119.01 Trend in cumulative solar capacity installation in India 105.65 • India’s overall energy requirement grew at a 4.7% CAGR from 2015 to 2025, driven by rapid industrialization, urbanization, and the 81.81 electrification of transport and infrastru
Slide 17: Growing Opportunities in Solar Energy Solutions
Growing Opportunities in Solar Energy Solutions Surge in solar power capacity reached 170-180 GW from fiscal years 2026 The O&M market in India for solar power is expanding in the tandem with to 2030, significantly surpassing the ~85 GW added between fiscal years the country’s installed capacity whi
Slide 18: Government Initiatives Driving Solar Expansion in India
Government Initiatives Driving Solar Expansion in India India’s total installed solar capacity reached 119.02 GW as of July 2025, comprising 90.99 GW from ground-mounted plants, 19.88 GW from grid- connected rooftop systems, 3.06 GW from hybrid projects, and 5.09 GW from off-grid solar installations
Slide 19: Strategic Growth Levers
rey Solarworld ——- Strategic Growth Levers
Slide 20: Pathway to Sustainable Growth
Pathway to Sustainable Growth Strengthen Manufacturing Capabilities Scale Operations & Diversify Portfolio • Commissioned a state-of-the-art manufacturing facility in Haridwar, • Utilizing proven execution expertise to capture opportunities from IPPs, PSUs, Uttarakhand for TopCon solar modules with
Slide 21: Q3 & 9M FY26 Results Update
rey Solarworld ——- Q3 & 9M FY26 Results Update
Slide 22: Q3FY26 Business Update
Q3FY26 Business Update The Company has received ALMM approval for 1.552 GW of annual solar PV module manufacturing capacity under Solar Panel Module List-I of ALMM Order, 2019 vide revision XLV dated December 22, 2025. This line will strengthen backward integration and enhance production of high-eff
Slide 23: Q3 FY26 Performance Snapshot (Consolidated)
Q3 FY26 Performance Snapshot (Consolidated) Total Income EBITDA & EBITDA % PAT & PAT % ₹ Mn 29.3% 12.8% ₹ Mn 20.8% 8.4% ₹ Mn +187% +26% +15% 5,878.5 754.2 492.2 426.9 600.5 2,051.1 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 22
Slide 24: 9M FY26 Performance Snapshot (Consolidated)
9M FY26 Performance Snapshot (Consolidated) Total Income EBITDA & EBITDA % PAT & PAT % ₹ Mn 26.7% 14.2% ₹ Mn 18.2% 8.8 % ₹ Mn +118% +16% +6% 8,091.1 1,146.4 714.2 676.1 991.6 3,718.2 9MFY25 9MFY26 9MFY25 9MFY26 9MFY25 9MFY26 23
Slide 25: Q3 & 9MFY26 Financial Highlights (Consolidated)
Q3 & 9MFY26 Financial Highlights (Consolidated) Particulars (Rs.millions) Q3 FY26 Q3 FY25 Y-o-Y Q2 FY26 Q-o-Q 9M FY26 9M FY25 Y-o-Y Revenue from Operations 5,782.29 2,038.42 184% 1,378.78 319% 7,843.44 3,683.58 113% Other Income 96.17 12.72 28.43 247.69 34.66 Total Income 5,878.46 2,051.14 187% 1,40
Slide 26: Historical Financial Performance
Historical Financial Performance
Slide 27: Consistent Growth Across Revenue and Profitability
Consistent Growth Across Revenue and Profitability Revenue EBITDA & EBITDA % PAT & PAT % ₹ Mn ₹ Mn ₹ Mn 9.2% 13.7% 20.1% 6.4% 10.3% 14.1% 5,447.7 1,092.5 770.5 5,010.2 516.9 688.6 2,324.6 214.7 148.4 2023 2024 2025 2023 2024 2025 2023 2024 2025 26
Slide 28: Historical Profit and Loss Statement
Historical Profit and Loss Statement Profit & Loss statement (₹ Mn) FY25 FY24 FY23 Revenue from Operation 5,447.7 5,010.2 2,324.6 Cost of Material Consumed 2,824.2 3,813.1 1,817.5 Engineering, procurement and construction project expenses 534.9 436.3 252.6 Purchase of Stock in trade 600.3 3.1 3.4 To
Slide 29: Historical Balance Sheet
Historical Balance Sheet Particulars (₹ Mn) FY25 FY24 FY23 Particulars (₹ Mn) FY25 FY24 FY23 ASSETS Equity Non ‐ Current Assets (a) Equity share capital 370.7 3.2 3.2 Property, plant and equipment 373.8 9.3 11.8 (b) Other equity 2,720.0 732.8 215.9 Capital work‐in‐progress 881.2 Equity attributable
Slide 30: Thank You
COMPANY : Solarworld Energy Solutions Limited CIN: U15100DL2013PLC255455 Mr. Mukut Goyal E-mail: mukut@worldsolar.in Website: www.worldsolar.in INVESTOR RELATIONS ADVISORS : MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services Mr. Nikunj Se
Solarworld Energy Solutions — Q3 FY26 Earnings Presentation on 6ix