Powerica Limited · NSE:POWERICA
Powerica — Q2 FY27 Earnings Presentation
61 slides from Powerica's earnings presentation, Nov 5, 2026
Slide 1: Outcome of Board Meeting letter
Date: November 05, 2026 To, To, Sr. General Manager Sr. General Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Bandra Kurla Dalal Street, Mumbai – 400 001 Complex, Bandra (E), Mumbai – 400 051
Slide 2: Outcome of Board Meeting letter (continued)
Postal Ballot Notice shall be sent to the shareholders in due course and the same shall be filed with the stock exchanges. 5. Amendment to the Policy on Code of Conduct for regulating, monitoring, and reporting of trading by Insiders and their immediate relatives, in accordance with the provisions o
Slide 3: Annexure A: Limited Review Report (standalone)
Annexure A ~ KAPOOR & PAREKH ASSOC IATES CHARTERED ACCOUNTANTS Limited Review Report on unaudited standalone financial results of Powerica Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Secu
Slide 4: Standalone financial results
1®5@@1 A PROMISE FOR POWER POWERICA LIMITED Registered & Corporate Office: 9th Floor, Bakhtawar, Nariman Point, Mumbai - 400 021. CIN: L31100MH1984PLC032825, Tel No.022 66562525, Email : [email protected], Website: www.powericaltd.com Statement of unaudited standalone financial resul
Slide 5: Standalone Balance Sheet
[e@AJJ A PROMISE FOR POWER POWERICA LIMITED Registered & Corporate Office : 9th Floor, Bakhtawar, Nariman Point, Mumbai - 400 021. CIN: L31100MH1984PLC032825, Tel No.022 66562525, Email: [email protected], Website: www.powericaltd.com Standalone Balance Sheet as at 30 September 2026
Slide 6: Standalone Statement of Cash Flows
[Sfili@ij A PROMISE FOR POWER POWERICA LIMITED Registered & Corporate Office: 9th Floor, Bakhtawar, Nariman Point, Mumbai - 400 021. CIN: L31100MH1984PLC032825, Tel No.022 66562525, Email: [email protected], Website : www.powericaltd.com Standalone Statement of Cash Flows for the six
Slide 7: Notes to standalone results
[®E@fil A PROMISE FOR POWER POWERICA LIMITED Registered & Corporate Office : 9th Floor, Bakhtawar, Nariman Point, Mumbai - 400 021. CIN: L31100MH1984PLC032825, Tel No.022 66562525, Email : [email protected], Website : www.powericaltd.com Statement of unaudited standalone financial re
Slide 8: Limited Review Report (consolidated)
~ KAPOOR & PAREKH ASSOC IATES CHARTERED ACCOUNTANTS Limited Review Report on unaudited consolidated financial results of Powerica Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities an
Slide 9: Limited Review Report (continued)
~ KAPOO R & PAREKH ASSOCIATES CHARTERED ACCOUNTANTS auditors whose reports have been furnished to us by the Parent's management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiary and associates, is based solely on the r
Slide 10: Annexure I: List of entities
~ KAPOOR & PAREKH ASSOC IATES CHARTERED ACCOUNTANTS Annexure I List of entities included in unaudited consolidated financial results. Sr.No. Name of Entities Relationship 1. Powerica Limited Parent 2. Powerica Renewable Infra Private Limited Subsidiary 3. Paramount Windfarms Private Limited Subsidia
Slide 11: Consolidated financial results
[& @NJ A PROMISE FOR POWER POWERICA LIMITED Registered & Corporate Office: 9th Floor, Bakhtawar, Nariman Point, Mumbai -400 021. CIN: l.31100MH1984PLC032825, Tel No.022 6656252.5, Email: [email protected], Website : www.powericaltd.com Statement of unaudited consolidated financial re
Slide 12: Consolidated Balance Sheet
[&@NJ A PROMISE FOR POWER POWERICA LIMITED Registered & Corporate Office: 9th Floor, Bakhtawar, Nariman Point, Mumbai - 400 021. CIN: L31100MH1984PLC032825, Tel No.022 66562525, Email: [email protected], Website : www.powericaltd.com Consolidated Balance Sheet as at 30 September 2026
Slide 13: Consolidated Statement of Cashflows
IPOWE RICA I POWERICA LIMITED A PROMISE FOR POWEIF' Registered & Corporate Office : 9th Floor, Bakhtawar, Nariman Point, Mumbai - 400 021. CIN: L31100MH1984PLC032825, Tel No.022 66562525, Email: [email protected], Website: www.powericaltd.com Consolidated Statement of Cashflows for t
Slide 14: Notes to consolidated results
[&@NJ A PROMISE FOR POWER POWERICA LIMITED Registered & Corporate Office: 9th Floor, Bakhtawar, Nariman Point, Mumbai - 400 021. CIN: L31100MH1984PLC032825, Tel No.022 66562525, Email: [email protected], Website: www.powericaltd.com Statement of unaudited consolidated financial resul
Slide 15: Consolidated segment-wise results
[&@NJ A PROMISE FOR POWER POWllRJCA UMITED Registered & Corporate Office : 9th Floor, Bakhtawar, Nariman Point, Mumbai - 400 021. CIN: L31100MH1984PLC032825, Tel No.022 66562525, Email: [email protected], Website: www.powericaltd.com Statement of unaudited consolidated financial resu
Slide 16: Annexure B: Statement of Deviation or Variation
Annexure B Statement of Deviation or Variation for proceeds of Public Issues 1. Name of listed entity Powerica Limited 2. Mode of Fund Raising Public Issue 3. Date of Raising Funds March 30, 2026 4. Amount Raised ₹ 700 crores 5. Report filed for Quarter ended September 30, 2026 6. Monitoring Agency
Slide 17: IPO fund utilisation table
Sr. Original Modified Original Modified Funds Amount of Remarks if any No. Object Object, if Allocation allocation, Utilised Deviation/ any if any Variation for the quarter according to applicable object 3. Issue related NA 38.49 38.46 31.37 0.00 Proceeds expenses utilised towards commission & broke
Slide 18: Annexure C: Windstride stake sale disclosure
Annexure C Disclosure required pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations read with the SEBI Master Circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026: a. the amount and percentage of the Windstride Power Private Limited has not turnover or
Slide 19: Investor Release: Q2FY27 & H1FY27 results
Investor Release Powerica Limited Consolidated Financial Results for Q2FY27 & H1FY27 Thursday, 05th November 2026, Mumbai: Powerica Limited (NSE: POWERICA | BSE: 544744), an integrated power solutions provider specializing in diesel generator sets (“DG sets”), for both primary and standby applicatio
Slide 20: Investor Release: segment, order book and commentary
Investor Release o Wind Power Segment: 47.4% / 37.3% Segmental EBITDA margin for generator set improved on sequential basis by 180 bps from 5.6% in Q1FY27 to 7.4% in Q2FY27 Recent Updates In October 2026, the company received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL)
Slide 21: Investor Release: outlook and about Powerica
Investor Release segment. As of Oct 2026, the Cummins-powered DG Set order book stood at approximately INR 1,950 crore, of which around INR 1,200 crore relates to data centres. The price revisions which we took earlier drove this quarter’s sequential margin improvement. However, the price of steel,
Slide 22: Safe Harbour Statement
Investor Release MW. Further, the company also provides O&M services for BoP at 10 wind power projects, with an aggregate installed capacity of 296.50 MW. Safe Harbour Statement Statements in this document relating to future status, events, or circumstances, including but not limited to statements a
Slide 23: Powerica Limited Q2 FY27
Powerica Limited Investor Presentation Q2’ FY27
Slide 24: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Powerica Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities,
Slide 25: Quarterly Overview
A PROMISE FOR POWER Quarterly Overview
Slide 26: Management Commentary
Management Commentary “We delivered a healthy quarter despite a challenging operating environment marked by rising input costs and constraints on engine supply. During Q2 FY27, we recorded topline of INR 847.6 crore with EBITDA of margin - 15.2% and PAT margin - 8.4%. Notably during the quarter marg
Slide 27: Key Highlights: Quarterly and Half Yearly Performance
Key Highlights: Quarterly and Half Yearly Performance Highest ever quarterly revenues (INR Cr) Revenue from operations Gross Profit EBITDA PAT 12.5% 37.9% 34.3% 15.2% 14.4% 9.3% 8.3% Margins 24.9% CAGR 1,628 1.9% 1,447 Q2 Q1 548 559 6.5% 848 235 0.6% 220 831 297 321 135 135 128 132 84 71 780 616 227
Slide 28: Strong Visibility Across Businesses: DG Set
Strong Visibility Across Businesses: DG Set DG Set powered by Cummins - Order Book Update (as of Oct-26) Data Center Others INR 1,200 Cr INR 750 Cr 61.5% INR 1,950 Cr 38.5% Typically these orders are long term in nature Typically these orders are off-the shelf orders and take 6 to 18 months to get d
Slide 29: Strong Visibility Across Businesses: Wind Power
Strong Visibility Across Businesses: Wind Power Long-term PPAs with state and central utilities give multi-year revenue visibility Includes 3 & 4 638.35 12 Operational Wind Power Projects 150.00 152.70 First wind power project at Jamnagar 330.85 Includes 1& 2 4.80 2008 31-Mar-26 Under Construction P
Slide 30: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement (INR Cr, Unless mentioned otherwise) Q2FY27 Q2FY26 YoY H1’ FY 27 H1’ FY 26 YoY Q2FY27: Revenue From Operations 847.6 831.5 1.9% 1,627.7 1,447.4 12.5% Cost of goods sold 550.2 510.3 1,069.0 899.4 • Despite a challenging quarter, profitability metrics improved on
Slide 31: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Cr) Sep-26 Mar-26 Particulars (INR Cr) Sep-26 Mar-26 Non-Current Assets: Equity: a) Property, Plant and Equipment 1,120.2 1,183.0 a) Equity Share Capital 63.3 63.3 b) Capital Work-in-Progress 282.8 179.3 b) Other Equity 2,061.8 1,927.8 Equity attributable
Slide 32: Consolidated Cashflow Statement
Consolidated Cashflow Statement Particulars (Rs. Cr) H1’ FY27 H1’ FY26 Net Profit Before Tax 177.9 174.9 Adjustments for: Non -Cash Items / Other Investment or Financial Items 54.5 42.2 Operating cash flows before working capital changes 232.4 217.1 Changes in working capital (86.2) 31.3 Cash genera
Slide 33: Segmental Mix
Segmental Mix (INR Cr) H1’FY27 H1’FY26 YoY Generator Set Business Division 1,313.8 1,165.4 12.7% Wind Power Business Division 315.8 283.3 11.5% Less: Inter Segmental Revenue 1.88 1.32 Total 1,627.7 1,447.4 12.5% • Revenue mix plays an important role in margin structure. Typically, variances are seen
Slide 34: Company Overview
A PROMISE FOR POWER Company Overview
Slide 35: Powerica at a Glance
Powerica at a Glance Four decades of dependable power – an integrated generator-set and wind-power platform Two Core Businesses 40+ Generator Set Business FY26 revenue ₹2,502 Cr Wind Power Business FY26 revenue ₹512 Cr Associate: Platino (50%) Retrofit emission control years of experience powering I
Slide 36: Pan-India Operating Footprint
Pan-India Operating Footprint Three DG Set plants and a Gujarat-focused wind portfolio Manufacturing facilities installed capacity, units p.a. (FY26) Bengaluru Silvassa Khopoli • 8,956 DG sets • 1,320 DG sets • 50 MIL DG sets • 3,000 PRISMA panels • 110 EMI-EMC shelters • 1,800 Canopies Sales & serv
Slide 37: Long-standing Global Partnerships
Long-standing Global Partnerships Proven technology and market access across both businesses Vestas Wind Technology4 Schneider Electric Cummins India Hyundai Heavy Industries GE Vernova • 8 projects implemented2 (172.15 • Enables us to manufacture and • One of the leading engine • Enabled us to expa
Slide 38: Four Decades of Capability Building
Four Decades of Capability Building From generator sets to integrated power solutions Commenced power- Entered into a GOEM Signed a memorandum of Entered into a joint venture 1. Commissioned 153.9 1. Listed on BSE and NSE generation operations in supply Agreement with understanding with Vestas agree
Slide 39: Board of Directors
Board of Directors Bharat Oberoi Pradeep Omprakash Gupta Renu Naresh Oberoi Jai Ram Oberoi Chairman & Managing Director Whole-Time Director Whole-Time Director Whole-Time Director Over 30 years of experience in the generator Over 34 years of experience in managerial Over 12 years of experience in wi
Slide 40: Generator Set Business
A PROMISE FOR POWER Generator Set Business
Slide 41: Generator Sets: Scale, Range and Execution
Generator Sets: Scale, Range and Execution The full capacity range Indian industry needs – built, installed and serviced in-house Our Competitive Advantage Cummins OEM partnership since 2004 Major components made in-house – except Cummins-powered DG sets Medium-speed large generators Allied business
Slide 42: Diesel Generator Sets
Diesel Generator Sets Cummins Engine Powered DG sets, ranging from 7.5KVA to 3,750 KVA DG Set Offerings 40+ year old OEM partnership Customers across diverse market with Cummins segments • Marketing, manufacturing, supplying, testing, installation, and • Support in development and • Commercial (incl
Slide 43: Medium Speed Large Generators
Medium Speed Large Generators Single-unit capacities ranging from 3,000 kVA to 10,000 kVA Non-Exclusive Association with Hyundai since 2014 All Hyundai-sourced MSLG enquiries for India are channeled through us Comprehensive Solutions MSLG Applications Current Projects • Pre-purchase consultancy • Th
Slide 44: Key End User Segments of DGs
Key End User Segments of DGs Segments DGs cater Manufacturing (Industrial) Data Centres and Digital Economy Infrastructure sector Rental • Process industries (e.g., steel, • Data localization, cloud computing, AI • Smart cities, metro rail projects, and real cement, chemicals) and 5G estate • Commer
Slide 45: Allied Business
Allied Business Design, manufacture, test, & obtain approvals for electromagnetic integrated shelters and containers used in defence and other specialized environments, with approvals from the Defence Research and Development Organisation. EMI Shelters and MIL DG Sets for Defense Schneider PRISMA co
Slide 46: Retrofit Emission Control Devices (RECDs)
Retrofit Emission Control Devices (RECDs) RECD business through associate company, Platino Automotive Private Limited Platino holds certifications from ARAI and ICAT for RECD technology Platino Key Financials: (INR Crs.) • Recognising the increasing demand for environmentally sustainable technologie
Slide 47: Wind Power Business
A PROMISE FOR POWER Wind Power Business
Slide 48: Wind Power Business - IPP
Wind Power Business - IPP Operating portfolio with 300MW of construction and pipeline runway 12 operational projects 330.85MW current portfolio 300MW construction + pipeline IPP PORTFOLIO PIPELINE PROJECTS Current Portfolio: 12 operational projects aggregating to Projects Under Construction: One pro
Slide 49: Wind EPC and Asset Management
Wind EPC and Asset Management In-house engineering that builds, runs and monitors wind assets – ours and other IPPs’ Stage 01 Stage 02 Stage 03 Develop & execute Operate & optimise Monitor remotely • Resource assessment and project development • Operation and maintenance of BoP infrastructure • In-h
Slide 50: Growth Opportunities: DG Sets and Wind Power
Growth Opportunities: DG Sets and Wind Power Well positioned in both: backup power for India’s digital build-out, clean power for its energy transition High-horsepower DG Sets Wind Power Powering the infrastructure behind India’s digital growth Powering India’s clean-energy transition Digital demand
Slide 51: Financial Performance
A PROMISE FOR POWER Financial Performance
Slide 52: Profit and Loss Statement
Profit and Loss Statement (INR Cr, Unless mentioned otherwise) H1’ FY 27 FY26 FY25 FY24* Revenue From Operations 1,627.7 3,011.52 2,653.27 2,210.00 Cost of goods sold 1,069.0 1,965.29 1,814.18 1,437.74 Gross Profit 558.7 1,046.24 839.08 772.26 % Margin 34.3% 34.7% 31.6% 34.9% Employee benefit expens
Slide 53: Balance Sheet
Balance Sheet Particulars (INR Crs) Sep-26 FY26 FY25 FY24 Particulars (INR Crs) Sep-26 FY26 FY25 FY24 Non-Current Assets: Equity: 1,120.2 a) Equity Share Capital 63.3 63.28 13.6 13.6 a) Property, Plant and Equipment 1,183.00 839.93 931.45 b) Other Equity 2,061.8 1,927.82 1,070.95 898.67 b) Capital W
Slide 54: Cash Flow Statement
Cash Flow Statement Particulars (Rs. Crs) H1’ FY27 FY26 FY25 FY24 Net Profit Before Tax 177.9 276.60 244.46 340.73 Adjustments for: Non -Cash Items / Other Investment or Financial Items 54.5 109.76 102.89 30.06 Operating cash flows before working capital changes 232.4 386.36 347.35 370.79 Changes in
Slide 55: Key Financial Metrics
Key Financial Metrics Leverage Ratios Return Ratios Net Debt/Equity Net Debt/EBITDA Return on Capital Employed Return on Equity 0.75x 43.47% 26.50% 27.02% 0.40x 22.87% 17.89% 19.67% 17.53% 17.03% 0.24x 0.16x Net Cash FY24 FY25 FY26 H1FY27 FY24 FY25 FY26 H1FY27 Net Cash from Operating Activities (INR
Slide 56: Strategy & Outlook
A PROMISE FOR POWER Strategy & Outlook
Slide 57: Our Path Forward
Our Path Forward Five priorities, backed by structural demand for dependable and cleaner power 01 02 03 04 05 Scale Power Generation Accelerate Wind & Build Allied Businesses Deepen OEM Alliances Pursue New Geographies Hybrid From small sites to Expand the IPP EMI enabled shelters Leverage global en
Slide 58: Successful IPO Listing on NSE and BSE in April '26
Successful IPO Listing on NSE and BSE in April ’26 IPO Proceeds of INR 1,100 Cr Primary Issuance Offer for Sale (OFS) INR 700 Cr INR 400 Cr Net Proceeds of INR 662 Cr* • INR 525 Cr - Prepayment/repayment of certain outstanding borrowings availed in part or full • INR 137 Cr - The amount to be utiliz
Slide 59: ESG
ESG Environment, people and community embedded in how we operate Environment People & Safety Community (CSR) • Zero water discharge across sites • Occupational Health & Safety Management System: • 2 lakh+ beneficiaries reached in FY26 hazard identification, risk assessments, incident • SOx, NOx and
Slide 60: Key Awards, Accreditations & Recognitions
Key Awards, Accreditations & Recognitions Recognised across power solutions, renewables, safety and innovation 2026 2026 2026 2025 Developer of the Year – Solar & Excellence in Power Backup Best Contractor Safety Award Organisation Excellence Awards Wind Solutions for Data Centres Conferred by our c
Slide 61: Contact: Powerica Limited Investor Relations
Company: Powerica Limited CIN: L31100MH1984PLC032825 Ritesh Kumar Agrawal, Group Chief Financial Officer Anita Praful Renuse, Secretary & Compliance Officer E-mail id: [email protected] Investor Relations Advisor: Strategic Growth Advisors Pvt Ltd. CIN: U74140MH2010PTC204285 Shikha P