Gre Renew Enertech Limited · BSE:GRERENEW
Gre Renew Enertech — Investor Presentation (June 2026)
34 slides from Gre Renew Enertech's investor presentation, Jun 29, 2026
Slide 1: Submission of Investor Presentation to BSE
June 29, 2026 To, BSE Limited Listing & Compliance Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, 400001, Maharashtra, India Company Symbol : GRERENEW Company Scrip Code : 544682 Company ISIN : INE0U8P01015 Subject : Submission of Investor Presentation Pursuant to Regulation 30 of the S
Slide 2: Investor Presentation June 2026
Investor Presentation June 2026
Slide 3: Snapshot
SNAPSHOT 18+ 19+ INR 520 Mn Years of Operations No of Ongoing Project Order Book (Excluding GST) 100+ MW 36.71+ Mw ISO 9001:2015 Solar Portfolio Under Pipeline Certified 33% 131% 147% 3 Year Revenue CAGR 3 Year EBITDA CAGR 3 Year PAT CAGR Note: As on March 2026 2
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company Overview
COMPANY OVERVIEW • Established in 2008, GRE Renew Enertech Limited is a renewable energy company Operational Revenue (INR Mn) & EBITDA engaged in solar EPC solutions and LED lighting products across India. Margins (%) • The company provides turnkey rooftop and ground-mounted solar power solutions 1,
Slide 6: Journey So Far
JOURNEY SO FAR 2015 2025 2011-12 2023 Awarded 1000 KW (AC) MSME Award for Renamed GRE rooftop solar project at Established wholly Renew Enertech owned subsidiary D K Outstanding Performance Rashtrapati Bhawan, New 1999 USA Inc. (USA) and also Pvt. Ltd. Delhi, India Established as entered LED lightin
Slide 7: Board of Directors
BOARD OF DIRECTORS A seasoned professional with over 35 With over 36 years of experience A first-generation entrepreneur years of experience in research & across various industries, he holds a with over 26 years of industry development, manufacturing, quality Bachelor of Business Administration expe
Slide 8: Our Management Team
OUR MANAGEMENT TEAM A Chartered Accountant with over 15 years of A qualified Company Secretary holding a Bachelor’s experience in corporate finance, taxation, internal degree in Commerce, with over 7 years of experience controls and compliance across renewable energy, across SEBI-regulated entities,
Slide 9: Awards / Certifications & Accreditations
AWARDS / CERTIFICATIONS & ACCREDITATIONS 8
Slide 10: Marquee Clients
@GRE MARQUEE CLIENTS ‘TOWARDS NEW ENEROY = Yarns Pvt. Lid. G GAJANAND SPINTEX INDIA (P) LTD, Leet rg ssoring instalation Gy () ShivamAgro mwN gw PRAGNA Gap VyneTi’s 0. APOLLO we) SUNRISE Pentaflex {7 tkon, Multipack
Slide 11: Key Component Partner Suppliers & Strategic Tie-ups
KEY COMPONENT PARTNER SUPPLIERS & STRATEGIC TIE-UPS 10
Slide 12: Business Overview
BUSINESS OVERVIEW
Slide 13: Business Overview: CAPEX vs RESCO Model
BUSINESS OVERVIEW CAPEX Model (EPC) RESCO Model (OPEX) How It Works: How It Works: • The customer fully finances the project, • GRE invests 100%, owns & while GRE manages EPC execution. • {{{{{{{{{{{{{{{{ {{{{{{{{{{{{{{{{ operates the plant Optional O&M services are available, • Supplies power to th
Slide 14: CAPEX Model (EPC)
CAPEX MODEL (EPC) • Under the CAPEX model, customers invest in and own the solar power asset, while Operational Revenue (INR Mn) GRE acts as the EPC contractor for complete project execution. 1,118 • Customers benefit through lower electricity costs, government subsidies and 724 768 accelerated depr
Slide 15: CAPEX Model (EPC) – Execution Track Record
CAPEX MODEL (EPC) – EXECUTION TRACK RECORD Total No. of FY Capacity(K Key Clients / Highlights Projects Wp) 65 Projects Strong execution across industrial FY25 17 11,936.76 Pragna Pharma Pvt. Ltd., Executed Pragna Dyechem Pvt. Ltd. (April 2024 to & commercial June 2026) clients FY26 25 23,506.04 Gol
Slide 16: RESCO Model
RESCO MODEL Operational Revenue (INR Mn) • Under the RESCO model, GRE invests in, owns and operates solar power 23 assets, while customers procure electricity under long-term power purchase agreements (PPAs). • The Company operates the RESCO business through both rooftop solar plants and utility-sca
Slide 17: RESCO Model - Rooftop Solar Plants
RESCO MODEL-ROOFTOP SOLAR PLANTS • Under the rooftop RESCO model, GRE installs and operates solar systems on industrial, commercial and government building rooftops. • Customers utilize rooftop space while procuring electricity from GRE under long-term PPAs. • The model enables efficient utilization
Slide 18: RESCO Model - Ground-Mount Solar Plants
RESCO MODEL - GROUND-MOUNT SOLAR PLANTS: • Under the ground-mounted RESCO model, GRE develops utility-scale solar power plants on open land owned or leased by the Company. • GRE owns, operates and maintains the solar power plants while supplying electricity to third parties under long-term PPAs. • G
Slide 19: Key Project Executed
KEY PROJECT EXECUTED Indrap 17 MW KN 10 MW Pilucha 10MW Ghariyal 2.7 MW 18
Slide 20: Integrated Execution Capabilities
INTEGRATED EXECUTION CAPABILITIES 1 3 5 EPC Switchyard with Important Equipment Grid-Tied Inverter Turnkey installation, A collection of electrical A physical inverter commissioning, and equipment (LT panels, device used to convert O&M of solar transformers, HT panels, etc.) DC from panels into PV p
Slide 21: LED Solution Manufacturing
LED SOLUTION MANUFACTURING GRE manufactures and supplies energy-efficient LED lighting solutions focused on sustainability, innovation, and quality. Operating under the “GRE” brand, the company offers a comprehensive range of indoor and outdoor lighting products for industrial, commercial, and gover
Slide 22: Strategic Overview
STRATEGIC OVERVIEW
Slide 23: Key Strength & Investment Driver
KEY STRENGTH & INVESTMENT DRIVER Higher Revenue Visibility Proven Execution A robust confirmed order book of INR 520 Mn (excluding GST) Demonstrated ability to execute and deliver projects and 11.57+ MW Pipeline provide predictable growth within stipulated timelines, reflecting robust project moment
Slide 24: Future Growth Strategies
FUTURE GROWTH STRATEGIES Geographic Expansion Across India Expanding beyond Gujarat by leveraging the Company’s proven execution capabilities and established operational track record to penetrate high-growth solar markets across multiple states. Diversification into Advanced Energy Solutions Enhanci
Slide 25: Industry Overview
INDUSTRY OVERVIEW
Slide 26: Indian Solar Industry – Powering India's Clean Energy Future
INDIAN SOLAR INDUSTRY – POWERING INDIA’S CLEAN ENERGY FUTURE India is emerging as one of the world’s fastest-growing solar energy markets, supported by strong government policy support, rising electricity demand, rapid capacity additions, and improving domestic manufacturing capabilities. India Emer
Slide 27: Industry Overview
INDUSTRY OVERVIEW India Power EPC Industry (in USD India Power EPC Industry billion) ▪ Market forecast: USD 22.4 B (2024) - USD 39.1 B (2033), CAGR 6.4% ▪ Significant growth driven by renewable energy demand, policy support, and declining solar costs ▪ Large-scale solar projects (e.g., 1 GW EPC tend
Slide 28: Financial Overview
FINANCIAL OVERVIEW
Slide 29: Historical Consolidated Income Statement
HISTORICAL CONSOLIDATED INCOME STATEMENT Particulars (INR Mn) FY23 FY24 FY25 FY26 Revenue from Operations 522 903 837 1,229 Total Expenses 509 788 742 1,068 EBITDA 13 115 95 161 EBITDA Margin (%) 2.49% 12.74% 11.35% 13.10% Other Income 9 18 7 29 Depreciation 4 3 4 7 Finance Cost 3 4 3 2 PBT 15 126 9
Slide 30: Historical Consolidated Balance Sheet
HISTORICAL CONSOLIDATED BALANCE SHEET Particulars (INR Mn) FY24 FY25 FY26 Particulars (INR Mn) FY24 FY25 FY26 Shareholders’ Funds Non current assets Share Capital 13 105 143 Property Plant & Equipment 21 52 151 Reserves & Surplus 198 207 654 Intangible Assets 1 1 1 Total Shareholders’ Funds 211 312
Slide 31: Financial Performance
FINANCIAL PERFORMANCE Revenue from Operations (INR Mn) EBITDA (INR Mn) & EBITDA Margins % PAT (INR Mn) & PAT Margins % * 1,229 161 136 903 115 837 99 95 522 70 12.74% 11.35% 13.10% 13 10.96% 11.07% 8.36% 2.49% 9 1.72% FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 EBITDA EBITDA Margin P
Slide 32: Capital Market Slide
CAPITAL MARKET SLIDE Particulars INR Shareholding Pattern (As on 31st March, 2026) [Market Data (As on 31st March, 2026] 0.55% Face Value 10 10.74% 18.72% CMP 95.0 52 Week H/L 105.5/77.5 69.99% Market Capitalization (Mn) 1,357.36 P/E(X) 10.0x Promoter DII FPI Public Shares O/S (Mn) 14.3 31
Slide 33: Disclaimer
DISCLAIMER GRE Renew Enertech Ltd This presentation and the accompanying slides (the “Presentation”), which have been prepared by GRE Renew Enertech Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or su
Slide 34: Thank You
THANK YOU ThankY u
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