Smarten Power Systems Limited · NSE:SMARTEN
Smarten Power Systems — H1 FY27 Earnings Presentation
33 slides from Smarten Power Systems's earnings presentation, Nov 4, 2026
Slide 1: NSE cover letter for Investor Presentation H1 FY'27
Date: November 04, 2026 To, Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C-1, G Block Bandra-Kurla Complex, Bandra (E), Mumbai – 400051 SYMBOL: SMARTEN ISIN: INE14GK01016 Dear Sir / Madam, Subject: Investor Presentation – H1 FY’27 Results Dear Sir/ Madam, Purs
Slide 2: Smarten Power Systems Limited Investor presentation November 2026
SMARTEN POWER SYSTEMS LIMITED Investor presentation | November 2026
Slide 3: Disclaimer
DISCLAIMER This presentation has been prepared solely to provide information about the Company to its stakeholders. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinion
Slide 4: Executive Summary
Executive Summary RECENT MILESTONE Company Background H1 FY27 Highlights* Established in 2014, Smarten Power Systems Limited is engaged in the design, ~80% manufacturing and supply of power back-up and solar solutions under the Smarten brand, with a mission to propel society towards a sustainable en
Slide 5: Market Overview
MARKET OVERVIEW STRUCTURAL GROWING MARKET FOR POWER BACK-UP & SOLAR INDIA’s POWER STORY STRUCTURAL GROWTH DRIVERS
Slide 6: A Structurally Growing Market for Power Back-up & Solar
A Structurally Growing Market for Power Back-up & Solar Rising power demand, rooftop solar adoption and energy storage are expanding Smarten’s addressable market Home UPS (Uninterruptible Power Supply) Market in Market Share on Capacity Basis – Grid Connected Solar Solar Inverter Market Share in Ind
Slide 7: India's Power Story: From Back-up to Solar + Storage
India’s Power Story: From Back-up to Solar + Storage Grid reliability has improved sharply, and rooftop solar is now the fastest-growing source of demand for power electronics National energy shortage (% of requirement) Average daily power supply (hours) PM Surya Ghar: Muft Bijli Yojana 2014 2025 4.
Slide 8: Structural Growth Drivers
Structural Growth Drivers Demand is broadening from outage back-up into solar, storage, agriculture and exports Rooftop solar Farm solar (PM-KUSUM) Heavier household loads PM Surya Ghar is driving record household Solar pumps and feeder solarisation create Rising use of ACs, pumps and appliances lif
Slide 9: About the Company
ABOUT THE COMPANY SMARTEN AT A GLANCE SMARTEN’S JOURNEY MANUFACTURING CAPABILITIES AND FACILITIES KEY STRENGTHS PRODUCT RANGE AND R&D DISTRIBUTION NETWORK
Slide 10: Smarten at a Glance
Product Offerings SMARTEN Home UPS Systems AT A GLANCE Solar Inverters / Solar PCUs On-grid Inverters Key player in providing affordable power back-up and Batteries and Energy Storage solar solutions with a strong domestic and global Solar Panels presence Solar Charge Controllers Integrated Solution
Slide 11: Smarten's Journey
Smarten’s Journey Establishment Phase Expansion Phase Breakout Phase • Introduced First Product Line: • Expansion into International • Commencement of Second • Built partnerships with over 327 • Listed on NSE Emerge Home UPS Systems Markets, starting with Exports to Assembling Facility at Plot No. d
Slide 12: Manufacturing Capabilities and Facilities
Manufacturing Capabilities and Facilities Facility 1 Facility 2 Warehouse Facility 3 – Battery Plant Facility 4 – Under Construction Floor area: 22,500 sq ft (Rented) Floor area: Two-storey building on Floor area: 16,000 sq ft + 5,200 sq Floor area: 32,234 sq ft (Owned) Floor area: 41,903 sq ft (Own
Slide 13: In-house Assembling Provides a Competitive Edge
In-house Assembling Provides a Competitive Edge From product specification to distributor dispatch — every stage managed under one roof Research, Development & 01 Test Check 02 Procurement 03 Assembly 04 Packing & Distribution • Starts from the product specification • Raw materials such as sub-assem
Slide 14: Key Strengths
Key Strengths Six pillars that give Smarten its edge in the power backup and solar market 01 Innovative Product Range 04 Superior After-Sales Service 372 SKUs to meet domestic & global backup power needs effectively Over 44 service points & 109 field service engineers help Smarten and affordably del
Slide 15: Product Range – Home UPS & Solar Charge Controllers
Product Range – Home UPS & Solar Charge Controllers Home UPS & Inverters Solar Charge Controllers Bravo UPS Series DSP Control Prime & Prime+ Series MPPT Technology ■ Smart charging down to 90V mains input ■ Optimises solar power usage ■ Inbuilt stabilizer & protection against short circuit, reverse
Slide 16: Product Range – Solar Inverters, Hybrid & On-grid
Product Range – Solar Inverters, Hybrid & On-grid Solar Inverters / Solar PCUs Hybrid & On-grid Solar Inverters MPPT Solar PCU MPPT Technology Hybrid Solar Inverter MPPT Hybrid Superb & Trendy Series ■ Integrates solar, battery and grid in a single unit ■ Range from 4 kVA / 24V to 12.5 kVA / 48V ■ M
Slide 17: Product Range – Batteries & Solar Panels
Product Range – Batteries & Solar Panels Batteries and Energy Storage Solar Panels Lithium-ion Batteries Lithium-ion ■ Efficient energy use and robust safety ■ Fast-charging capability ■ Range from 12.8V to 51.2V Monocrystalline (Mono PERC) Polycrystalline Tubular Batteries* Tubular High Efficiency
Slide 18: Recent New Product Development: Smart Solar Solution
Recent New Product Development: Smart Solar Solution Smart Solar Inverter with Integrated Remote IoT-enabled solar inverter with Lithium-ion battery Monitoring System (RMS) management and real-time monitoring capabilities Real-Time System Monitoring Tracks battery voltage, current, State of Charge (
Slide 19: Research & Development Capabilities
Research & Development Capabilities In-house engineering that turns renewable-energy ideas into market-ready products Member R&D team 8 of seasoned experts in power electronics Deep Domain Expertise Strong background in power conversion, inverter design and energy storage systems Electronics testing
Slide 20: In-house IP and Product Pipeline
In-house IP and Product Pipeline Engineering owned end-to-end – from hardware and firmware to mechanical design 100% in-house IP NEW LAUNCH 2-in-1 Grid-Tie Inverter Firmware & front-end software Mode 1 · Grid-tie Mode 2 · Off-grid, no battery Converts rooftop solar power for grid-connected Powers ho
Slide 21: Distribution Network & After-Sales Services
Distribution Network & After-Sales Services Distribution & After-Sales Service Network International 9 Countries 23+2 States & UTs 32 distributors Service points 427 Domestic distributors 109 Field service engineers 44 nationwide North Indian states driving domestic revenue ~95% Haryana Uttar Prades
Slide 22: Growth Strategy
GROWTH STRATEGY SCALABILITY STRATEGIES CAPACITY, PRODUCT & GEOGRAPHIC EXPANSION GOVERNMENT PROJECTS & STRATEGIC PARTNERSHIPS
Slide 23: Scalability Strategies
Scalability Strategies Four levers to scale Smarten’s next phase of growth Capacity Expansion 01 Product Expansion 02 New owned 41,903 sq ft manufacturing facility at Jhajjar, Backward integration into lead-acid batteries at Baddi, HP, Haryana; production expected to commence by end of FY27 and a wi
Slide 24: Capacity Expansion: New Manufacturing Set-up
Capacity Expansion: New Manufacturing Set-up New facility under development at Jhajjar, Haryana 600 → 1,200 units / day 2x Production expected to commence by end of FY27 STRATEGIC LOCATION Connected via the KMP Expressway, close to the Delhi–Mumbai Industrial Corridor (DMIC) MET ecosystem with 220 K
Slide 25: Product Expansion: Backward Integration
Product Expansion: Backward Integration Foray into manufacturing of batteries Battery sales (INR Cr) % of revenue from operations 72.97 FY24 25.29% 63.91 59.43 49.19 FY25 31.68% FY26 30.07% H1 FY27 29.06% Battery manufacturing plant – Baddi, Himachal Pradesh FY24 FY25 FY26 H1 FY27 Acquired the lead-
Slide 26: Government Projects & Strategic Partnerships
Government Projects & Strategic Partnerships Government & Institutional Projects Strategic Partnership with Exide Industries Limited 4,000 Solar PCUs dispatched for a government tender INR 1.75 Cr 4,000 Exide Industries Limited Sprinter · Marathon · Sonnenschein Government order secured Solar PCUs s
Slide 27: Team Profile
TEAM PROFILE BOARD OF DIRECTORS EXECUTIVE AND INDEPENDENT DIRECTORS
Slide 28: Board of Directors
Board of Directors EXECUTIVE DIRECTORS Mr. Arun Bhardwaj Mr. Rajnish Sharma Managing Director Chairman, CEO & Whole Time Director • 20+ years of experience in the field of engineering • 22+ years of experience in the power-backup sector • MBA; B.Tech (Electronics & Telecommunication); Diploma in Ind
Slide 29: Financial Data
FINANCIAL DATA PROFIT AND LOSS STATEMENT BALANCE SHEET KEY RATIOS
Slide 30: Profit and Loss – Consolidated
Profit and Loss – Consolidated Particulars (INR Crores) H1 FY27 H1 FY26 YoY H2 FY26 Revenue from Operations 204.54 115.26 77.5% 127.40 Other Income 0.40 1.41 -71.4% 0.23 Total Income 204.94 116.67 75.7% 127.63 Cost of materials consumed 100.26 55.22 81.6% 49.58 Purchase of stock in trade 70.85 37.65
Slide 31: Balance Sheet – Consolidated
Balance Sheet – Consolidated ASSETS (INR Cr) Sep’26 Sep’25 EQUITY AND LIABILITIES (INR Cr) Sep’26 Sep’25 Non-current assets Equity Property, plant and equipment 19.79 4.44 Equity share capital 19.00 19.00 Capital work-in-progress 7.67 6.20 Other equity 76.62 61.72 Deferred Tax Assets 0.37 0.54 Total
Slide 32: Key Ratios
Key Ratios ROE* (In %) ROCE* (In %) Current Ratio (In Times) 56.11% 65.38% 2.36 2.08 39.72% 41.01% 1.55 1.42 33.12% 25.07% 14.41% 17.79% FY24 FY25 FY26 H1 FY27^ FY24 FY25 FY26 H1 FY27^ FY24 FY25 FY26 H1 FY27 Debt to Equity Ratio (In Times) Debt vs Net Worth (INR Crore) Receivable Turnover Ratio (In
Slide 33: Smarten Power Systems Limited contact details
Smarten Power Systems Limited Adfactorspr Limited 374, 1st Floor, Pace City-2, Sector-37, E-mail: Gurgaon, Haryana – 122001 aman.singh@adfactorspr.com Tel. No.: 0124-2210651 kareena.jain@adfactorspr.com E-mail: cs@smartenpowersystems.com Website: www.smartenpowersystems.in
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