Advait Energy Transitions Ltd · BSE:ADVAIT
Advait Energy Transitions — Q4 FY26 Earnings Presentation
36 slides from Advait Energy Transitions's earnings presentation, May 27, 2026
Slide 1: Exchange filing cover letter
Date: May 27, 2026 To, To, General Manager The Manager Department of Corporate Services Listing Compliance Department BSE Limited National Stock Exchange of India Limited Listing Department Exchange Plaza, Plot No. C/1, Phiroze Jeejeeboy Tower, Dalal Street, G Block, Bandra - Kurla Complex, Fort Mum
Slide 2: Investor Presentation Q4FY26 & FY26
Investor Presentation Q4FY26 & FY26 | 27 May 2026 1
Slide 3: Contents
Contents 01 Advait Group - In a Nutshell 02 AETL Performance Overview 03 AGPL Performance Overview 04 Advait Consolidated Performance Overview 05 AGPL Strategic Collaboration 06 Managing Director Message 2
Slide 4: Advait Group - Shaping the Future of Power Transmission and Energy Transition in India
Advait Group - Shaping the Future of Power Transmission and Energy Transition in India 90% FY26 715 Cr 84 Cr 12% 58 Cr 8% 30% 23% Robust 3Y CAGR (₹. Cr) Revenue EBITDA EBITDA PAT PAT RoCE RoE Total Revenue Margin Margin ▪ Incorporated in 2010, Advait Energy Transitions is emerging company mainly foc
Slide 5: Unexecuted Order Book Grew at 107% 4-Year CAGR
Unexecuted Order Book (UOB) Grew at 107% 4-Year CAGR Increasing NRE Contribution Enhancing Growth Mix Order Book* : Rs. 1,304 Cr (31 March 2026) Order Book as of March 2026 (Rs Cr) Robust Order Book (Rs Cr) Robust Order Book Growth (Rs Cr) 1400.0 1400.0 159% YoY 1303.6 1200.0 1200.0 1000.0 1000.0 36
Slide 6: Performance Overview – AETL (Standalone)
Performance Overview – AETL (Standalone) 5
Slide 7: AETL Financial Performance - FY26
AETL FINANCIAL PERFORMANCE - FY26 (*3Y CAGR) Total Revenue* 63% 448 Cr EBITDA *1 60% 71 Cr EBIT * 1 67% 67 Cr PBT * 66% 62 Cr PAT * 67% 46 Cr 1. Excluding Other Income 6
Slide 8: Strong Q4FY26 & FY26 Performance: AETL Achieves All-Time High Revenue
Strong Q4FY26 & FY26 Performance: AETL Achieves All-Time High Revenue Q4FY26 Standalone Highlights Total Revenue (₹ crore) EBIDTA1 (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%) 17% 15% 18 10% 10% 10% 11% 15% 15 18% 16 15 17% 10% 14 15 16% 12 9% 14 15% 10 8% 14 14% 8 62% 64% 59% 14 13%
Slide 9: AETL's Standalone Financial Performance Highlights
AETL’s Standalone Financial Performance Highlights Particulars (₹ Crore) Q4FY26 Q4FY25 YoY (%) Q3FY26 QoQ (%) FY26 FY25 YoY (%) Revenue from Operation 154.05 95.38 62% 124.71 24% 447.69 295.48 52% Total Income 156.82 99.68 57% 126.26 24% 457.63 302.84 51% EBITDA 23.03 14.01 64% 21.10 9% 70.65 46.84
Slide 10: AETL's Robust and Consistent Financial Performance Track Record
AETL’s Robust and Consistent Financial Performance Track Record Total Revenue EBITDA1 & EBITDA Margin ₹ Crore ₹ Crore 16.8% 16.7% 15.9% 15.8% 18.0% 13.4% 16.0% 448 11.1% 14.0% 12.0% 10.0% 295 8.0% 6.0% 207 4.0% 72 103 10 17 35 47 71 2.0% 58 6 0.0% FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY
Slide 11: AETL's Comfortable Leverage Position
AETL’s Comfortable Leverage Position FY23 FY24 FY25 FY26 Total Debt* (₹ crore) 13.39 33.42 46.02 121.20 Networth (₹ crore) 52.03 74.46 199.36 261.26 Debt-Equity (x)* 0.26 0.45 0.23 0.46 Particulars (₹ Crore) FY23 FY24 FY25 FY26 (A) Total Debt 13.39 33.42 46.02 121.20 (B) Cash and Bank 17.99 20.99 89
Slide 12: AETL's Key Developments During Q4FY26
AETL‘s Key Developments During Q4FY26 Operational Performance ➢ Have successfully secured Supply of ERS order for the company amounting ~ ₹ 17 Cr from MSETCL. ➢ Have Successfully Secured First direct business in Uttarakhand State by Secured first EPC Order amounting ~ ₹ 23.5 Cr from PTCUL for Recond
Slide 13: New Multi-Integrated Manufacturing Facilities (PTS & NRE)
New Multi-Integrated Manufacturing Facilities (PTS & NRE) Our upcoming multi-integrated manufacturing facility at Gangad (near Dholera), Gujarat, dedicated to new product lines and capacity expansion, is currently under development. The facility is expected to be fully operational by Q4FY27. 12
Slide 14: AETL's Standalone Profit & Loss
AETL’s Standalone Profit & Loss FY20 FY21 FY22 FY23 FY24 FY25 FY26 Particulars (Rs Cr) Audited Audited Audited Audited Audited Audited Audited Income Revenue from operations 40.30 58.08 72.00 103.07 207.44 295.48 447.69 Total Income 41.55 58.99 73.05 104.60 209.92 302.84 457.63 Expenses Cost of Good
Slide 15: AETL's Standalone Balance Sheet
AETL’s Standalone Balance Sheet FY20 FY21 FY22 FY23 FY24 FY25 FY26 Particulars (Rs Cr) Audited Audited Audited Audited Audited Audited Audited Assets Fixed Assets 1.47 1.34 2.50 20.64 26.32 33.73 57.26 Capital work-in-progress - - 12.84 1.06 1.07 1.78 52.84 Intangible assets - - - - - 2.61 0.30 Othe
Slide 16: Business Overview - AETL
Business Overview - AETL 15
Slide 17: Business Segments - AETL
Business Segments - AETL Power Transmission Solutions (PTS) New & Renewable Energy (NRE) Solar - EPC OPGW (Optical Ground Wires) Battery Energy Storage System (BESS) – IPP ACS Wires (Aluminum Clad Steel) Optical Fiber Cables (OFC) Emergency Restoration System (ERS) Stringing tools RDSS Projects - EP
Slide 18: Business Overview: Power Transmission Solutions
Business Overview: Power Transmission Solutions 17
Slide 19: Power Transmission Solutions (PTS)
Power Transmission Solutions (PTS) OPGW (Optical Fiber ERS (Emergency ACS Wires (Aluminum Clad Stringing tools Ground Wires) Restoration Systems) Steel) EPC- Re-conductoring EPC RDSS (Revamp OFC (Optical Fibre Cables) HTLS Projects Distribution Sector Scheme) 18
Slide 20: Power Transmission Solutions (PTS)
Power Transmission Solutions (PTS) Q4FY26* Revenue, FY26** Revenue, Products End User Industry % of Revenue | YoY (%) % of Revenue | YoY (%) ACS – OPGW Cable & Conductor Manufacturers 9.19 Cr, 6% | +60% YoY 26.35 Cr, 6% | +43% YoY OPGW Stringing Tools (Power Private EPC Player Transmission Lines Tra
Slide 21: Business Overview: New & Renewable Energy (NRE)
Business Overview: New & Renewable Energy (NRE) 20
Slide 22: Battery Energy Storage System (BESS)
Battery Energy Storage System (BESS) ▪ Battery Energy Storage Systems (BESS) are designed to store energy in batteries for later use. They are becoming increasingly popular as renewable energy sources such as solar and wind become more common. ▪ Eyeing on 1 GW of BESS Projects over the period of nex
Slide 23: AETL Solar EPC
AETL Solar EPC Business Updates Applications ▪ Approximately 100 MW of ground- ▪ Cost Efficiency mounted solar EPC projects are currently ▪ Environmental and Strategic in the final stages of award with private Impact sector players. ▪ Flexibility and Scalability ▪ The project, part of the Khavda Hyb
Slide 24: Performance Overview – AGPL (Subsidiary of AETL)
Performance Overview – AGPL (Subsidiary of AETL) 23
Slide 25: AGPL's Quarter & Annual Key Numbers
AGPL’s Quarter & Annual Key Numbers Particulars (₹ Crore) Q4FY26 Q4FY25 YoY (%) Q3FY26 QoQ (%) FY26 FY25 YoY (%) Revenue from Operation 74.51 97.94 -24% 86.49 -14% 267.38 102.08 162% Total Income 74.82 98.22 -24% 87.16 -14% 268.63 102.88 161% EBITDA 5.88 5.48 7% 3.22 82% 13.48 4.49 200% (Excluding O
Slide 26: AGPL's Standalone Profit & Loss
AGPL’s Standalone Profit & Loss FY25 FY26 Particulars (Rs Cr) Audited Audited Income Revenue from operations 102.08 267.38 Total Income 102.88 268.63 Expenses Cost of Goods Sold 96.01 250.89 Employee Benefit Expenses 0.90 1.87 Finance costs 0.88 0.45 Depreciation and amortization expense 0.19 0.05 O
Slide 27: Business Overview: AGPL (Subsidiary of AETL)
Business Overview: AGPL (Subsidiary of AETL) 26
Slide 28: AGPL New & Renewable Energy (NRE)
AGPL New & Renewable Energy (NRE) Q4FY26 Revenue, FY26* Revenue, Products End User Industry % of Revenue | YoY (%) % of Revenue | YoY (%) Solar EPC Public & Private Company into Solar IPP, Solar CPP and various utility boards across 27.01 Cr, 36% | -67% QoQ 211.90 Cr, 79% | 121% YoY the country and
Slide 29: Key Milestone Q4: Salient Features of 30 MW Electrolyser Facility Commissioned
Key Miles Stone Q4- Silent Features of 30 Mw Ell Facility Commonised Pioneer Superior Facility — First of Its Kind AGPL's first fully dedicated, standalone assembly facility for Alkaline Electrolyser Assembly and BoP Fabrication starting from 250 kW single stack capacity to 5 MW capacity for Electro
Slide 30: Performance Overview – AETL (Consolidated)
Performance Overview – AETL (Consolidated) 29
Slide 31: AETL's Robust Consolidated Quarter and Annual Performance
AETL’s Robust Consolidated Quarter and Annual Performance Q4FY26 Consolidated Highlights Total Revenue (₹ crore) EBIDTA1 (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%) 13% 29 11% 14% 25 8% 8% 10% 9% 24 10% 12% 20 7% 8% 10% 7% 19 15 6% 8% 14 5% 10 18% 6% 49% 55% 4% 9 4% 3% 5 193 211 228
Slide 32: AETL's Consolidated Financial Performance Highlights
AETL’s Consolidated Financial Performance Highlights Particulars (₹ Crore) Q4FY26 Q4FY25 YoY (%) Q3FY26 QoQ (%) FY26 FY25 YoY (%) Revenue from Operation 228.20 193.32 18% 211.03 8% 714.52 397.66 80% Total Income 231.40 196.74 18% 215.62 7% 727.25 404.62 80% EBITDA 28.78 19.28 49% 24.16 19% 83.78 51.
Slide 33: Strategic Collaboration: MoUs Executed at India Energy Week 2026
Strategic Collaboration: MoUs Executed at India Energy Week 2026 AGPL has signed an MoU with CENMAT to deploy AGPL has signed an MoU with VJ Industries to AGPL has signed an MoU with Power to Hydrogen, PEM and AEM electrolyser technologies for green collaborate on hydrogen storage systems for green
Slide 34: From The Founder & Managing Director's Desk
From The Founder & Managing Director’s Desk With investment opportunities exceeding ₹50 lakh crore across generation, transmission, distribution, and energy storage through 2032, the power and energy sector is gearing up to drive innovation, enhance competitiveness, and strengthen resilience in Indi
Slide 35: Safe Harbour
Safe Harbour This presentation has been prepared by Advait Energy Transitions Ltd 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 correct
Slide 36: Thank You
Advait Energy Transitions Ltd Registered Office: 1st & 2nd Floor, KIFS Corporate House, Iskcon Ambli Road, Beside Hotel Planet Landmark, Near Ashok Vatika, Ambli, Ahmedabad, Gujarat 380054, India CIN: L45201GJ2010PLC05987 info@advaitgroup.co.in 35 THANK YOU Arpit Mundra | Krishna Patel Investor Rela
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