WAAREERTL

Execution with Pace & Comfort July 22, 2026 To To The Manager The Manager BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (East) Mumbai-400001 Mumbai - 400 051 Scrip Code: 534618 Scrip Symbol: WAAREERTL Sub.: Investors / Earnings Presentation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir / Madam, With reference to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Investors/ Earnings Presentation for the Quarter ended June 30, 2026. The Company will use this presentation for any meeting scheduled with analysts or institutional investors. The above information will also be available on the website of the Company at www.waareertl.com Request to kindly take this intimation on record. Thanking you, Yours faithfully, For Waaree Renewable Technologies Limited Heema Shah Company Secretary ACS 52919 Email Id: info@waareertl.com Waaree Renewable Technologies Limited (A subsidiary of Waaree Energies Limited) 504, Western Edge-1, Off. Western Express Highway, Tel.: +91 22 6644 4444 CIN : L93000MH1999PLC120470 Borivali (E), Mumbai 400 066. Maharashtra INDIA E : info@waareertl.com GST: 27AADCS 1824J2ZB W : www.waareertl.com Accelerating Global Energy Transition Investor Presentation | Q1FY27 Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Waaree Renewable Technologies 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, andshallnot formthebasis or berelied oninconnection with anycontract or bindingcommitment whatsoever. Noofferingofsecurities oftheCompanywillbe madeexcept bymeansofastatutoryofferingdocumentcontaining detailed information abouttheCompany. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representationorwarranty,expressorimplied,whatsoever,andnorelianceshallbeplacedon thetruth,accuracy,completeness,fairnessandreasonablenessof the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability inrespectofthecontentsof,oranyomission from,thisPresentationisexpressly excluded. Certain matters discussedinthis Presentationmaycontain statements regarding the Company’s market opportunity andbusiness prospects thatareindividually andcollectivelyforward-lookingstatements.Suchforward-lookingstatements arenotguaranteesoffutureperformanceandaresubjecttoknownandunknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy andoftheeconomies ofvariousinternationalmarkets,theperformanceoftheindustry in Indiaand world-wide,competition,theCompany’s ability to successfully implementitsstrategy,the Company'sfuturelevelsofgrowthandexpansion,technologicalimplementation,changesandadvancements,changesin revenue, income or cashflows, the Company's market preferences and its exposure tomarket risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties includedinthis PresentationarenotadoptedbytheCompany andtheCompany isnotresponsibleforsuchthird-party statementsandprojections. All Maps used in the Presentation are not to scale. All data, information and maps are provided "as is" without warranty or any representation of accuracy, timeliness orcompleteness. 2 Waaree Group at a Glance India’s Emerging Fully Integrated Energy Transition Player 3 Vertically Integrated Operations MANUFACTURING 36 25 #1 CAPACITY Years Industry experience Countries exported to1 Indian module manufacturer1 ~26 GW Module1 Gold CARE AA-, Stable ₹~53k Cr 5.4 GW EcoVadissustainability rating1 Credit rating1 Order book1 Cell1 3 GW 27 2,500+ | 600+ >90% Inverter1 States1 ASP | Franchises1 India pin codes via ASP1 1; For Waaree Energies Ltd. as of Q4FY26; ASP = AuthorisedService Partner Integrated Group Offerings MANUFACTURING SERVICES PRODUCTS PV Moduleand Cell EPC Services (Module | BESS | T&D) Solar Kits Ground-Mounted Inverter Water Pumps Rooftop Solutions Transformer Streetlights Floating Solar Green Hydrogen | Electrolyser Smart Solutions BESS Solution O&M Services Substation (AIS & GIS) Smart Meter Marquee Clientele & Stakeholder Relationships Trusted by Marquee Clients Consistent On-Time Delivery 5.89 GWp+ Solar EPC Project Executed Lenders to Developers Consultants & Owner's Engineers Suppliers Trusted EPC partner for leading global & domestic Deep relationships with top-tier engineering firms, Strong alliances with diversified local & global supply lenders, ensuring smooth project financing. reinforcing quality & compliance standards. networks ensuring on-time delivery. Energy Transition A Multi-Decade Growth Opportunity 7 Energy Transition Government Targets to Achieve Solar Power Global Projected Annual Solar PV Capacity Additions1, GW RE –Projected Installed Capacity India2, GW Capacity of ~280GW from 150GW in FY263 For setting up of 450 GW RE + 19 GW PSP and 42 GW BESS Installed Capacity (GW) 17% 280 to necessitate incremental debt of ~Rs 14 lakh crore 539.6 493.9 459.2 402.3 421.7 Fossil RE+Hydro 450 500 400 150 246 254 279 262 262 276 82 106 191 54 35 22 7 CY24P CY25P CY26P CY27P CY28P FY23 (A) FY 27 FY 30 (I) FY30(II) CEA (E) FY17 FY18 FY20 FY22 FY24 FY25 FY26 2030E Solar Capacity Additions in India ~156-164 GW Break-up of the Total Installed Capacity, India –FY25 vs FY30E1 over Fiscals 2027-20301 FY25 FY30E Solar capacity addition in FY26 is 44.61 GW; surpasses the estimate 42 –44 46 –48 10% Solar 3% 3% Solar 38 –40 Wind 2% Wind 10% 30 –32 Large Hydro Large Hydro 26 –28 35% 38% 23 47% Coal Coal 15 22% Oil & Gas Oil & Gas 4% Nuclear Nuclear 2% Other RE 8% 11% Other RE 5% FY24 FY25 FY26P FY27P FY28P FY29P FY30P Source: 1:Crisil Report, 2:Energy Storage Care EDGE Report 3: MNRE & pib.gov.in 8 Supportive Government Policies Fueling Growth Battery Energy Storage requirement (GWh)1 T&D market oppurtunity1 State Wise Solar Parks as on Mar 2026 (MW)2 Rs. ~4.9 Lakh Cr estimated Capex during 2027-32 Sanctioned Capacity Capacity Commissioned Likely Addition during 2027-32 By 2031-32 12,150 11,805 236 Transmission 47%p.a. 76,787 6,48,190 Lines (ckm) 6,960 5,089 S (M ub V s A ta ) tion 4,97,855 23,45,135 4,530 2,608 4,300 3,050 3,840 2,000 2,000 35 1,105 1,089 430 200 0 415225 HVDC (MW) 32,250 66,750 Gujarat Rajasthan Madhya Andhra Pradesh Uttar Pradesh Karnataka Maharashtra Jharkhand Others 2027 2032 Pradesh Key initiatives by GOI for development of solar energy/capacity Solar3 Wind4 BESS4 T&D • PM Surya Ghar MuftBijli Yojana:₹ • Wind Target: 100 GW by 2030 • VGF Scheme PSDF*: ~43 GWh of • National Electricity Plan (Transmission): 75,000 cr; 1 crore rooftop homes by Mar • VGF Scheme: Total outlay of ₹7,453 BESS, launched in March 2024 and ~4.9 lakh crcapex planned through 2027 (33 Lakh done) cr, 1 GW pilot currently installed June 2025 FY2027-32 • Solar Park:55 Solar Parks with ~40 GW • ALMM(Wind) extending to wind: • ISTS^ Waiver:ISTS charges waiver • Green Energy Corridor III/IV:evacuating sanctioned capacity have been approved Turbines and components covered for co-located BESS projects ~150 GW RE, largely unallocated across 13 states, supporting large-scale since July 2025 commenced till June’28 for 12 yrs solar capacity addition • Repowering & Life Extension Policy: • • M ≥ in 2 im 0% u m lo c C a o l n co te n n te t: n t req. for VGF • PLI Tranches I & II: ₹52,942 crore invt. ~ 25.4 GW of ageingcapacity eligible scheme committed to build 48 GW of integrated • ≥ 2 hrsdur. ESS req. for solar PV solar PV manufacturing capacity, tender reducing import dependence Source:; 1: CEA; 2: MoPStatus report; 3: pib.gov.in ; 4:MNRE& pib.gov.in; 5:MoP& pib.gov.in 6:NEP; *PSDF: Power System Development Fund 9 Waaree Renewable Technologies Ltd. Company Overview 10 Journey to Leadership in EPC and T&D Waaree RTL Expands Market Presence in India • Acquired 55% equity stake in Associated Revenue (Rs. Cr.) Power Structures Pvt. Ltd. (APSPL) 3,331 • Credit Rating upgraded: A+, Stable (CARE) 2026 • Ground mounted solar Project –450 MWp • Battery Storage SystemEPC –1,520 MWh • Ground mounted solar Project –420 MWp 1,598 • Ground mounted solar Project –35 MWp • Ground mounted solar Project –14 MWp 876 351 162 FY2022 FY2023 FY2024 FY2025 FY2026 2025 • Credit Rating upgraded: A, Stable (CARE) • Ground mounted solar Project –217.5 MWp • Ground mounted solar Project –39.8 MWp • Ground Mounted Solar Project –1,000 MWp 2024 • Ground Mounted Solar Project –435 MWp • Ground Mounted Solar Project –255 MWp • Battery Storage SystemEPC –90 MWh • GW Scale Project 2023  Jindal Renewables –2,012.47 MWp 2022  Greenko–980 MWp • TurnkeySolutions NEEPCO –450 MWp • MNC CustomerAcciona Energy–412 MWp • AM Green –296 MWp • DRPL Tuticorin –153 MWp • Cello Industries • Continuum Project –150 MWp Rooftop Project 11 Complete Solutions with Proven Experience Engineering Project Systems Electrical Structural & Civil Monitoring Evacuation Procurement PV Modules Inverters Transformer BESS Cables Other BOS Construction Land Development Structure Control Room Road & Drainage Evacuation of Power T&D Detailed Engineering Foundation Construction Tower Erection Conductor Stringing Testing & Commissioning 12 Comprehensive EPC and T&D Expertise….. Key Financial Metrics DesignandEngineering • Dedicatedin-housedesign&engineeringteamof32professionals Rs. 3,331.42 Cr 19.24% 111.73% 14.37% • Indiabasedcosteffectivestructure FY26 Revenue FY26 EBITDA FY23-26 FY26 PAT from Operations Margin Revenue CAGR Margin Procurement • Selectionofvendorsafterthoroughduediligence • Well-definedqualitymanagementprocedures Rs. 933.83 Cr Rs. 94.66 Cr 68.93% 62.54% Inspection&ProcessControl FY26 Net Worth FY26 Cash & Cash FY26 ROE FY26 ROCE • 3-stagequalityassuranceprocessincludinginitialfactoryassessment,production Equivalents monitoringatvendor’sfacility,andfinalpre-shipmentinspection Technologically advanced end to end solar & T&D solutions Construction • Final inspection and testing under the supervision of project manager to ensure newplantissafeandmeetsdesignobjectives Fieldqualitymonitoring Utility Scale Solar Projects • Centralizedmonitoringwithefficienttrackingofunder-constructionplants Rooftop Solar Projects Solar + Energy Storage (incl Turnkey & BOS) O&Mservice • LongtermO&Mservicesforbothowncustomers,andthird-partyprojects Transmission&Distribution Lattice tower & turnkey • Integrated manufacturing and EPC platform with proven execution across high- Transmission Line Substation (AIS & GIS) solutions voltagetransmissionandrenewableinfrastructure 13 Major EPC & T&D Accomplishments 5.89 GWp 2,425 MWp 59.26 MWp 2.29 MWp ₹ 3,300 Cr + ₹ 2,700 Cr + Rooftop Projects Floating Project Project site Order Executed UnexecutedOrderbook Commissioned Solar Projects Commissioned under execution WWaaaarreeee RRTTLL :: SSoollaarr EEPPCC AAPPSSPPLL 14 Large Order Book with Strong Execution Unexecuted orderbook of solar EPC (MWp)… …. With stable rate of execution Executed Order Book (MWp) Revenue from Operations (Rs. Cr) 3,331 2,727 3,263 2,832 2,365 2,425 1,524 1,598 876 889 924* 704 2024 2025 2026 Q1FY27 2024 2025 2026 Q1FY27 Key Orders Wins IPP Assets Engineering, Procurement and Construction (EPC) works of a project • The company has developed 82.82 MWp solar power generating assets • 450 MWp Ground Mounted solar power project (Order won in Q1FY27) • Additionally, setting up 198.6MWpIndependent Power Producer (IPP) Plant • 1,520 MWh Battery Storage System EPC (Order won in Q1FY27) O&M Portfolio • 420 MWp Ground Mounted solar power project (Order won in Q4FY26) • The company has ~1,154MWp of O&M Portfolio • 35 MWp Ground Mounted solar power project (Order won in Q4FY26) Unexecuted Orderbook • 14 MWp Ground Mounted solar power project (Order won in Q4FY26) • The company has unexecuted orderbook of ~ ₹ 2,600 Cr + of EPC (Solar + BESS) • 217.5 MWp Ground Mounted solar power project (Order won in Q3FY26) • The company has unexecuted orderbook of ~ ₹ 2,700 Cr + of T&D • 39.8 MWp Ground Mounted solar power project (Order won in Q3FY26) • 1,000 MWp Ground Mounted solar power project (Order won in Q2FY26) • 29.4 MWp Ground Mounted solar power project (Order won in Q2FY26) Consolidated Unexecuted Order Book : ~ ₹ 5,300 Cr + Note:* The above number also includes a portion of APSPL revenue 15 Key Ongoing Solar & BESS EPC Projects 2,012 MWp 1,000 MWp 980 MWp Bikaner, Rajasthan1 Solapur, Maharashtra1 Kurnool, Andhra Pradesh1 435 MWp 450 MWp 255 MWp Bikaner, Rajasthan1 Bikaner, Rajasthan1 Neemuch, Madhya Pradesh1 1. Ground Mounted Solar Power Project; 2. BESS EPC Project Key Ongoing Solar & BESS EPC Projects 217.5 MWp 180 MWp 131 MWp Solapur, Maharashtra1 Tuticorin, Tamil Nadu1 Nashik, Maharashtra1 105 MWp 90 MWh 35 MWp Jamnagar, Gujarat1 Jaisalmer, Rajasthan2 Jalna, Maharashtra1 1. Ground Mounted Solar Power Project; 2. BESS EPC Project Key Ongoing T&D Projects 400 KV 765 KV 400 KV 400 KV Madhya Pradesh Maharashtra Odisha Uttar Pradesh 18 Strategy & Outlook Scaling growth across the energy-transition value chain 19 Key Strengths Fast-growing solar market with massive tailwinds Comprehensive EPC and T&D solutions with end-to-end capabilities Expertise across projects of all sizes and complexities Ecosystem play within the group —module to storage Bankable EPC provider with marquee customers Strong parent enabling module-manufacturing integration Well entrenched in India with large projects commissioned Large order book backed by a proven execution record Experienced management team with deep expertise Robust growth on an asset-light business model Growth Strategy – Energy Transition Energy Transition Renewable Storage O&M T&D Solar Wind Hybrid Green Hydrogen Battery Pumped Hydro Services Transmission Substations Distribution Rooftop Floating Ground Mounted Solar Parks Achieve higher growth in the EPC and T&D segment Expand in O&M markets • Evaluating opportunities in both international and domestic markets to secure • The size of the O&M market is expected to grow as more solar capacities are added more EPC and T&D contracts • Evaluating third-party O&M opportunities in domestic markets through both organic • Participating in government and private bidding process and inorganic methods • Ecosystem of renewable energy from module to storage helps win clients • Enhance value to customers by offering differentiating O&M services, such as drone thermography, strong analytics and predictions, underground cable fault finder etc. 21 Combined Offering by WRTL and Associated Power Structures 55% Equity Stake 108,000 MT/yr 10,461+ ckm 16+ countries Acquired In-house manufacturing capacity Transmission lines executed Asia, Africa, Europe & Other Key Markets WRTL Waaree Renewable Technologies Ltd. APSPL Associated Power Structures Pvt. Ltd. Solar EPC Power Transmission & Distribution EPC Ground mount, rooftop, floating —5.89GWporder executed High-voltage lines up to 800kV, substations, cabling & renewable evacuation BESS EPC Solutions for Wind Infrastructure Battery energy storage and hybrid solutions Lattice towers solutions for wind projects O&M Services & Marquee Client Base In-House Manufacturing Long-term O&M services across a growing portfolio of marquee clients 108,000 MT/yr —lattice towers, structures, hot dip galvanising—Vadodara, Gujarat COMBINED OFFERING Solar EPC Solutions for Wind Infrastructure Transmission andSubstation EPC Telecom Infrastructure Ground, rooftop, floating Lattice towers Up to 800kV, and AIS & GIS 4G/5G towers, small cells Full-spectrum EPC platform Revenue diversification Manufacturing-led margin advantage Solar + wind + transmission under one roof —reduces project risk T&D & telecom EPC reduces solar cycle reliance; new demand 108,000 MT/yr in-house capacity drives cost efficiencies across & subcontractor dependency from data centres & EV infrastructure towers, structures & lattice components Manufacturing Locations of APSPL Bamangam, Gujarat Manglej, Gujarat 23 05 Board & Leadership Team Experienced team driving execution Experienced Board of Directors of Waaree RTL Mr. Pujan Pankaj Doshi Mr. Hitesh Pranjivan Mehta Mr. Nilesh Bhogilal Gandhi Managing Director Whole Time Director Chairman & Non-Executive Independent Director He combines engineering expertise with visionary With over three decades of experience in An accomplished professional with over three leadership. Holding a BE in Instrumentation from engineering,solar,andoilindustries,hecombines decades of experience in finance, power, and Mumbai University, he brings over a decade of strategicinsightandfinancialexpertise.Holdinga renewables, he holds a Bachelor’s in Commerce, experience in corporate strategy, business planning, Bachelor’s in Commerce from the University of an LLB, and is a Fellow Chartered Accountant and fostering international collaborations. His BombayandbeingamemberoftheICAI,heleads (FCA). strategic acumen drives the company’s innovative Waaree Group strategies, financial management, initiatives. and corporate governance, ensuring strong financialstewardship. Mr. Viren ChimanlalDoshi Mr. Sunil Rathi Mr. Sunil Jain Whole Time Director Whole Time Director Non-Executive Independent Director He has been with the company since inception, He holds a BE in Electronics and an MBA in He has over three decades of experience. An and currently oversees the engineering, Marketing from ITM, Mumbai, with over three award-winning leader in renewables, he serves as procurement, and construction of solar projects decadesofexperienceinsalesandmarketing.His chair on several councils and holds an engineering across the company and its subsidiaries. With career spans leadership roles with reputed degree from BIT Mesra along with an MBA from over two decades of experience in the companies. FMS,DelhiUniversity. engineering industry, he brings extensive knowledgeandexpertise. Mr. Sudhir Arya Ms. Ambika Sharma Non-Executive Independent Director Non-Executive Independent Director AfellowofICMAIandICFAIwithafinancedegreefromMDI,Gurugram,he She is a global business strategist with over three decades of experience in public bringsoverfourdecadesofexperience,havingservedasCFOandDirector affairs and international relations. A summa cum laude graduate in Economics from (Finance)inPSU.Hisexpertisespansprojectfinanceandfinancialreporting. Delhi University, she also holds a Master’s in Business Economics and has attended managementprogramsattheEUandXLRI,Jamshedpur. Strong Leadership Team of Waaree RTL Mr. Manmohan Sharma Mr. Ravikesh Singh Mr. Mayur Mehta Ms. Heema Shah Chief Financial Officer Chief Operating Officer-EPC Chief Procurement Officer Company Secretary & Compliance Officer HeisaCharteredAccountantwith30years HeholdsaB.TechinElectricalEngineering HeholdsaBachelorofEngineering(B.E.)in She holds a Bachelor's degree in ofexperienceinProjectFinance,Accounts, & Post Graduate Diploma in Business Production Engineering and a Diploma in Commerce and LLB from Mumbai Working Capital Management, Banking, Management. He has 25+ years of Export-Import Management. With over 30 University and is a Company Secretary Cash Flow Management, Budgeting, MIS, experienceinpowerprojects. years of experience in Supply Chain from ICSI. She has over 14 years of Ind AS Financials, Audits, Taxation, and Management, he has worked across the experience in corporate compliance and Financial Modelling. His expertise lies in solar, MEP, logistics, and automotive governance. robust financial planning, control, system sectors. During his career, he has been improvement, and establishing a strong associated with WAAREE and leading governanceframework. organizationssuchasBlueStar (MEP), DHL (Logistics), and the ASTARC Group (Automotive), gaining extensive expertise in strategic sourcing, procurement, logistics, and end-to-end supply chain management 26 Strong Leadership Team of APSPL Mr. Ajay Patel Mr. Parag Kothari Mr. Satish Desai Founder & Director Founder & Director Founder & Director He has been associated with the organization since its He has been associated with the organization since its He has served on the Board since its inception in 1996. inception in 1996. He holds a Diploma in Mechanical inception in 1996. He holds a Diploma in Mechanical He holds a Diploma in Mechanical Engineering from The Engineering from The Maharaja Sayajirao University of Engineering from The Maharaja Sayajirao University of Maharaja Sayajirao University of Baroda, Vadodara. Baroda, Vadodara. With over 29 years of experience, he Baroda, Vadodara. With over 29 years of experience, he With over 29 years of experience, he has developed has developed deep expertise in finance, human has built extensive expertise in marketing, project extensive expertise in conceptualization, fabrication, resources, and administration. He oversees the management,procurement,conceptualization,fabrication, and EPC contracting of galvanized towers for power Company's administration, finance, and HR functions, and EPC contracting of galvanized towers for power transmission and telecommunications. His experience playing a key role in its operational and organizational transmission and telecommunications. He currently also spans production planning and control, engineering, development. His extensive industry knowledge and overseestheCompany'smarketing,projectexecution,and QA/QC, maintenance, stores, commercial operations, leadership have been instrumental in supporting the procurement functions. His deep industry knowledge and and materials management. His strong technical and Company'slong-termgrowthandsuccess. operational expertise have played a significant role in operational leadership has been instrumental in drivingtheCompany'sgrowthandexecutioncapabilities. strengthening the Company's manufacturing and project execu(cid:415)on capabili(cid:415)es. 27 Financial Performance Q1 FY27 financial results 28 Robust Financial Performance (Consolidated) (Rs. in Cr) Revenue EBITDA & EBITDA Margin PAT & PAT Margin 19.49% 18.77% 14.32% 12.87% 53.23% 47.58% 37.70% 924.25 173.48 118.97 603.19 117.55 86.40 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Q1FY26 Q1FY27 Revenue EBITDA & EBITDA Margin PAT & PAT Margin 19.46% 19.24% 14.33% 14.37% +106.21% +109.09% +108.51% 3,331.42 641.10 478.65 1,597.75 310.90 228.92 FY25 FY26 FY25 FY26 FY25 FY26 29 Consolidated Income Statement Particulars (Rs. Cr) Q1FY27 Q1FY26 Y-o-Y Q4FY26 Q-o-Q FY26 FY25 Y-o-Y Revenue from Operations 924.25 603.19 53.23% 1,102.40 -16.16% 3,331.42 1,597.75 108.51% Cost of EPC contract 719.62 470.02 870.82 2,605.51 1,238.80 Employee Expenses 16.04 9.35 12.78 48.96 29.56 Other Expenses 15.11 6.27 11.98 35.85 18.49 EBITDA 173.48 117.55 47.58% 206.82 -16.12% 641.10 310.90 106.21% EBITDA Margin (%) 18.77% 19.49% 18.76% 19.24% 19.46% Other Income 5.27 4.83 6.05 20.43 14.80 Depreciation 5.78 2.23 2.09 8.62 6.37 Finance Cost 9.59 3.56 2.68 13.29 14.84 Profit before Tax 163.38 116.59 40.13% 208.1 -21.49% 639.62 304.49 110.06% Profit before Tax (%) 17.58% 19.33% 18.77% 19.20% 19.06% Exceptional Item - - - - -4.02 Tax 44.41 30.19 52.38 160.97 71.55 Profit After Tax 118.97 86.40 37.70% 155.72 -23.60% 478.84 228.92 109.09% PAT Margin (%) 12.87% 14.32% 14.13% 14.37% 14.33% EPS (As per Profit after tax) 11.11 8.29 14.96 45.91 22.00 30 Consolidated Balance Sheet and Cash Flow Statement Particulars (Rs. Cr) FY26 FY25 Shareholders funds 933.83 454.95 Non-Current Liabilities 111.10 52.23 Current Liabilities 1,328.87 612.94 Total Equity & Liabilities 2,373.80 1,120.12 Fixed Assets 450.09 254.19 Other Non-Current Assets 134.08 54.42 Total Current Assets 1,789.63 811.51 Total Assets 2,373.80 1,120.12 Particulars (Rs. Cr) FY26 FY25 Net Cash Inflow / (Outflow) from Operating Activities 286.95 302.70 Cash Flow from Investing Activities -264.48 -236.93 Cash Flow from Financing Activities 22.55 -48.57 Net increase/ (decrease) in Cash & Cash equivalent 45.02 17.20 Cash and cash equivalents as at1st April 26.79 9.59 Cash and cash equivalents as at31st March 71.81 26.79 31 For further information, please contact: Company: Investor Relations Advisors: WaareeRenewable Technologies Ltd. MUFG Intime India Private Limited CIN: L93000MH1999PLC120470 (A part of MUFG Corporate Markets, a division of www.waareertl.com MUFG Pension & Market Services) Mr. Neeraj Vinayak Mr. Rohit Wade Mr. Nikunj Jain Mr. Prathmesh Parab VP –Investor Relations GM –Investor Relations nikunj.jain@in.mpms.mufg.com prathmesh.parab@in.mpms.mufg.com neerajvinayak@waaree.com rohitwade@waaree.com Meeting Request Link