Investor Presentation

Here's a summary of the investor presentation: **Financial Highlights:** Q1 FY26 Total Income reached ₹153.23 Cr (+86.6% YoY), with PAT at ₹14.70 Cr (+124.75% YoY). EBITDA was ₹21.32 Cr (13.91% margin). While strong year-on-year, sequential figures saw slight dips.

The company reports a net debt-free position. **Strategic Initiatives & Growth Drivers:** Key expansion plans include a new 800 MW TOPCon solar module capacity and a 4 GW solar cell manufacturing unit.

Solar pumps are targeted to contribute 30% of FY26 revenue, supporting a projected 75% CAGR for FY25-26. **Business Developments & Market Position:** A leading solar provider in Gujarat, ranked #1 for rooftop solutions.

Product offerings span Mono/TopCon modules, inverters (unique offering), and solar pumps.

Geographic expansion covers several Indian states, with preliminary export exploration underway, backed by 600 MW+ current manufacturing capacity. **Investor Implications:** Robust YoY growth and significant capacity additions signal positive growth potential.

Strategic moves into solar cell manufacturing and new geographies are key.

Execution of these large projects remains a factor for investors to monitor.