Powerica Limited

INR 1,100

ompany. 2 Quarterly Overview Successful IPO Listing on NSE and BSE in April ’26 IPO Proceeds of INR 1,100 Cr Primary Issuance INR 700 Cr Offer for Sale (OFS) INR 400 Cr Net Proceeds of INR 662 Cr* •

INR 700

Successful IPO Listing on NSE and BSE in April ’26 IPO Proceeds of INR 1,100 Cr Primary Issuance INR 700 Cr Offer for Sale (OFS) INR 400 Cr Net Proceeds of INR 662 Cr* • • INR 525 Cr - Prepayment/re

INR 400

BSE in April ’26 IPO Proceeds of INR 1,100 Cr Primary Issuance INR 700 Cr Offer for Sale (OFS) INR 400 Cr Net Proceeds of INR 662 Cr* • • INR 525 Cr - Prepayment/repayment of certain outstanding b

INR 662

ds of INR 1,100 Cr Primary Issuance INR 700 Cr Offer for Sale (OFS) INR 400 Cr Net Proceeds of INR 662 Cr* • • INR 525 Cr - Prepayment/repayment of certain outstanding borrowings availed in part or

INR 525

Primary Issuance INR 700 Cr Offer for Sale (OFS) 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 -

INR 137

• INR 525 Cr - Prepayment/repayment of certain outstanding borrowings availed in part or full INR 137 Cr - The amount to be utilized for general corporate purpose *INR 38 Cr amounting to expenses rel

INR 38

s availed in part or full INR 137 Cr - The amount to be utilized for general corporate purpose *INR 38 Cr amounting to expenses related to Fresh issue 4 Management Commentary Bharat Oberoi Chairman

rs,

rward for Powerica and we are excited about the journey ahead. As we warmly welcome our new investors, we would also like to extend our gratitude to all the stakeholders including our employees, custom

INR 450

y has repaid approx. INR 525 Crs of its borrowings in Q1FY27 and hold cash & investments close to INR 450 Cr as on (17-Apr-26). As a result, substantial reduction is expected in the finance cost from Q1 FY2

INR 762.93

al reduction is expected in the finance cost from Q1 FY27. During Q3FY26, we achieved a revenue of INR 762.93 Cr, with an EBITDA margin of 10.4% and a PAT margin of 12.8%. For the 9MFY26, we recorded revenue

10.4%

cost from Q1 FY27. During Q3FY26, we achieved a revenue of INR 762.93 Cr, with an EBITDA margin of 10.4% and a PAT margin of 12.8%. For the 9MFY26, we recorded revenue of INR 2,210.37 Cr, an EBITDA marg

12.8%

Q3FY26, we achieved a revenue of INR 762.93 Cr, with an EBITDA margin of 10.4% and a PAT margin of 12.8%. For the 9MFY26, we recorded revenue of INR 2,210.37 Cr, an EBITDA margin of 13.6%, and a PAT mar

“2.5 – 3.5 trillion A robust outlook for O&M market as well Standalone FY26 - FY30 30 - 40 GW (GW) Wind utility investment (INR bn) INR Billion 4.2 4.5 – 5.5 2.1 1.6 1.6 1.6 3.2 2.3 Source: CRISIL Report (INR billion) 48-52 44 Wind O&M Market Size 96 – 100 80 – 84 67 – 71 56 – 60 .”

“85.25 crores ^: Restated Consolidated Financial Statements 35 FY 23 FY 24 FY 25 H1’ FY26 Particulars (INR Crs) FY 23 FY 24 FY 25 H1’ FY 26 Restated Balance Sheet^ Particulars (INR Crs)”

Projects Under Construction

1

Non-Current Assets

1

Current Assets

1

Equity

1

Non-Current Liabilities

1

Current Liabilities

1

Company

1

Investor Relations Advisor

1

Projects Under Construction

• Customer base comprises • 12 operational projects • One projects at 25-year PPAs. government-owned aggregating to 330.85MW* 50.00MW1 @ INR 3.81/kWh distribution utility companies • Tariff range: INR 2.4 – 4.19 • Pipeline for 3 projects /kWh aggregating to 250MW - • PPAs of 25 years for all • Won 100MW of GUVNL project projects except 1 4.80MW (including the Green Shoe project which has 20 years PPA Option of 50 MW) • GUVNL: 10 PPAs for total of 226.95MW1 capacity, GUVNL rating of “AA” by CARE • SECI: 2 PPA for a total of 101.90MW1 capacity, SECI rating of “AAA” by ICRA 98.7% 99.2% 99.2% 98.8% 99.7% 99.8% 98.3% 99.6% 99.7% 98.7% 99.4% 99.7% 1: PPA capacity, not installed capacity; *2 IPP wind power projects divested in Fiscal 2024 with total installed capacity of 26.4MW located in Tamil Nadu 21 FY23 FY24 FY25 9MFY26 Average Plant Availability Average Internal Grid Availability Average External Grid Availability EPC and O&M for BoP Capabilities EPC Service Provider, encompassing comple

Non-Current Assets

a) Property, Plant and Equipment 1,076.60 b) Capital Work-in-Progress c) Goodwill d) Intangible Assets e) Right-of-use Assets f) Financial Assets: i) Investments ii) Trade Receivables iii) Loans iv) Other Financial Assets g) Non-Current Tax Assets (Net) h) Other Non-Current Assets 4.40 4.83 6.47 3.50 69.53 16.38 0.33 2.54 - 3.70 931.45 23.45 4.83 6.77 7.64 27.99 9.36 0.87 13.46 - 19.86 839.93 352.23 4.83 7.00 13.73 40.42 2.34 0.40 12.54 13.11 4.08 800.64 429.30 4.83 6.91 16.70 74.05 - 0.34 12.57 11.41 128.83 Total Non-Current Assets 1,188.28 1,045.68 1,290.61 1,485.58

Current Assets

a) Inventories b) Financial Assets: i) Investments ii) Trade Receivables iii) Cash and Cash Equivalents iv) Other Bank Balances v) Loans vi) Other Financial Assets c) Other Current Assets Total Current Assets Total Assets 203.39 269.52 206.85 315.11 324.72 262.28 23.33 7.35 0.50 7.21 108.75 937.53 305.42 318.49 25.17 7.40 0.82 13.54 98.87 354.67 399.26 21.40 21.68 0.68 5.03 343.01 342.37 54.81 31.51 0.79 17.97 114.65 138.58 1,039.23 1,124.22 1,244.15 2,125.81 2,084.91 2,414.83 2,729.73 ^: Restated Consolidated Financial Statements

Equity

a) Equity Share Capital b) Other Equity Equity attributable to owners of the Company c) Non-Controlling interests Total Equity

Non-Current Liabilities

a) Financial Liabilities: Borrowings i) ii) Lease Liabilities iii) Other Financial Liabilities b) Other Non-Current Liabilities c) Provisions d) Deferred Tax Liabilities (Net) Total Non-Current Liabilities

Current Liabilities

a) Financial Liabilities: Borrowings i) ii) Lease Liabilities iii) Trade Payables Total outstanding dues of micro and small enterprises Total outstanding dues of creditors other than micro and small enterprises iv) Other Financial Liabilities b) Other Current Liabilities c) Provisions d) Current Tax Liabilities (Net) Total Current Liabilities Total Liabilities and Equity 16.70 777.88 794.58 - 794.58 55.60 - 11.26 18.42 3.94 114.32 203.54 223.28 - 13.60 898.67 912.27 -0.18 912.09 135.62 4.34 1.00 17.18 4.20 170.15 332.49 41.90 0.39 13.60 1,070.95 54.41 1,158.99 1,084.55 1,213.40 9.21 1,093.76 13.09 1,226.49 235.77 9.73 - 25.37 4.86 204.68 480.41 65.03 1.35 506.09 12.56 - 24.58 5.65 219.25 768.13 65.86 1.36 7.02 15.39 26.38 61.23 228.45 289.78 237.20 326.26 494.06 170.79 1.30 2.79 1,127.69 2,125.81 296.41 193.52 1.39 1.55 840.33 2,084.91 296.40 211.97 1.03 1.30 840.66 2,214.83 78.53 198.31 1.07 2.49 735.11 2,729.73 36 Restated Cash Flow Statement^ Particulars (Rs. Crs) Net Profit Before