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Premier Energies Actual image of the 5.6 GW Seetharampur module plant Q1 FY 2027 Results 7 August 2026 TOP PERFORME 2025 kiwa PV MODULE RELIABILITY SCORECARD Great Place To WorkⓇ Certified FEB 2025 - FEB 2026 INDIA
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 2 Disclaimer This presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. Certain matters discussed in this presentation may contain statements regarding the Company’s market opportunity and businessprospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees for the future performance of the Company and subject to known and unknown risks, uncertainties, and assumptions that are difficult to predict by the Company. These risks and uncertainties include but are not limited to, performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and worldwide competition, the Company’s ability to successfully implement its strategy,Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, withdrawal of governmental fiscal incentives, the Company’s market preferences and its exposure to market risks, as well as other risks.
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 3 Q1 FY 2027 highlights About Us Financials Production Capacity Revenue 25,076 INR Mn + 34.1% YOY EBITDA 7,594 INR Mn + 27.2% YOY , 30.3% Margin PAT 4,719 INR Mn + 53.3% YOY , 18.8% Margin Cells 844 MW Modules 953 MW Cells 3.6 GW → 10.6 GW Modules 11.1 GW Ingot-Wafers 10 GW Under Construction Aluminum Frames 18,000 MT BESS Containers 12 GWh Note: The results are shown on a consolidated basis including Transcon Ind Limited financials. Transformers 570 MVA
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/Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 4 03 Business updates 04 Financial performance 05 Company background AG E N DA 02 Industry highlights01 Sustainability and ESG
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/Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 5 INDUST RY HIGHLIGH TS
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 6 Industry Highlights Strong growth in new installations Source: MNRE | Note: Solar pump size is assumed at an average of 5 kW to estimate installed capacity. Quarterly solar capacity addition 0 3,000 6,000 9,000 12,000 15,000 Q1 FY 2025 Q2 FY 2025 Q3 FY 2025 Q4 FY 2025 Q1 FY 2026 Q2 FY 2026 Q3 FY 2026 Q4 FY 2026 Q1 FY 2027 Ground-mounted Rooftop solar Off-grid PMSGY installations 460 1,120 402 712 728 732 410 825 1,019 491 559 Component A Component B Component C Estimated KUSUM installations MW AC MW AC MW AC 255 241 465 577 686 681 662 881 972 1,279 1,081 Maharashtra UP Gujarat Rajasthan Kerala Others
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 7 Hydro, 11% Solar, 1% Wind, 4% Fossil fuels, 81% Others, 4% 1 Industry Highlights Solar share growing steadily in the grid Source: CEA Solar power generation TWh Incremental power generation source TWh Hydro, 8% Solar, 25% Wind, 9% Fossil fuels, 55% Others, 3% 1 0% 2% 4% 6% 8% 10% 12% 14% 16% 0 20 40 60 80 100 120 140 160 180 2019 2020 2021 2022 2023 2024 2025 H1 2026 Solar power output Share of total power output Incremental generation 2017-2025 Power generation source -100 -50 0 50 100 150 2017 2018 2019 2020 2021 2022 2023 2024 2025 Hydro Solar Wind Fossil fuel Others 2016
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 8 Industry Highlights Data centres driving surge in power demand Source: KPMG India 1.9 GW 4.5 GW 28 % 24 GW FY 2026 installed capacity Development pipeline CAGR Potential solar demand by 2030 Growing policy supportIndia data centre market at a glance Gujarat data centre policy 2026-29 ✓ Target 7.5 GW AI data centre capacity with INR 6 Tn investment ✓ Minimum 51% renewable energy requirement ✓ Multiple incentives including 2.5% capital subsidy for projects in Dholera and INR 1.00/ kWh power subsidy Rajasthan data centre policy 2025 ✓ INR 200 Bn investment target ✓ Multiple incentives including 5% interest subsidy for 5 years and INR 100-200 Mn per year investment-linked incentive for 10 years Andhra Pradesh data centre policy 2024-29 ✓ 1 GW capacity target ✓ Multiple incentives including capital subsidy and stamp duty reimbursement ✓ Tailor-made incentives for projects > 50 MW
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 9 Industry Highlights Pick up in BESS demand Source: IEX (Day Ahead Market), IESA Monthly capacity addition MWh Hourly exchange prices in May INR/kWh Market opportunity size estimated at INR 600 Bn per annum 0.00 2.00 4.00 6.00 8.00 10.00 1 3 5 7 9 11 13 15 17 19 21 23 2022 2023 2024 2025 2026 3 282 1 6 2,031 440 4,230 1,500 1 Open tenders 44 GWh Awarded 16 GWh Under construction 52 GWh Tender status 30 June 2026
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 10 Industry Highlights Policy landscape Duty extension on Malaysian solar glass Countervailing duties on imported solar glass from Malaysia extended by five years to June 2031 MNRE streamlines renewable energy procurement SECI designated as sole nodal agency for all central renewable energy procurement MNRE introduces stricter vendor accountability and solar module warranty norms under PM Surya Ghar Yojana Norms specified for time-bound vendor complaint resolution and warranty claims handling process for modules World Bank financing for PM Surya Ghar Yojana USD 890 Mn financing package approved for residential rooftop solar financing Additional PLI for battery cell manufacturing Bids invited for 10 GWh domestic battery cell manufacturing capacity specifically for grid-scale applications ALMM-II relaxation Temporary exemption until December 2026 for C&I projects and residential projects forgoing government subsidies under PM Surya Ghar Yojana Support for floating solar and BESS New scheme launched with INR 51 Bn incentive programme for 5 GW floating solar capacity along with 10 GWh BESS capacity by 2031
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/Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 11 BUSINESS UPDATES
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 12 Business Updates 5.6 GW Seetharampur module plant inauguration Use of advanced automation technologies – producing 4 modules every 16 seconds
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 13 Business Updates 7 GW cell plant at Naidupeta nearing completion Civil work completed Machinery on-site; installation underway Trial runs expected to start by end of this month Tool in and hookup started
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 14 Transcon – Q1 performance Business Updates Note: All numbers are rounded off to the nearest whole number. Operational capacity 6.75 GVA Accreditations and certifications INR Mn Q1 FY 2027 Revenue 1,100 EBITDA 294 PAT 183 Strong growth drivers • Increasing electrification of economy – mobility, cooking, industry • Grid expansion and modernisation • Growing demand from AI usage and data centres • Attractive export opportunity Under construction capacity 10 GVA 2.5 INR Bn Order book
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 15 Business Updates 10 GVA HV and EHV transformer capacity – expected COD by September 2026 Transcon – Neotrafo plant construction in advanced stages
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 17 Business Updates Production Note: All numbers are rounded off to the nearest whole number. Effective capacity is actual installed capacity adjusted for number of working days and product specification. Effective capacity utilisation number for Q1 FY 2027 excludes the newly commissioned Seetharampur plant. Effective capacity utilizationQuarterly production MW 94% 79% 83% 84% 92% 77% 79% 78% 73% 63% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Q1 FY 2026 Q2 FY 2026 Q3 FY 2026 Q4 FY 2026 Q1 FY 2027 Cells Modules 447 507 593 722 844 735 961 956 918 953 Q1 FY 2026 Q2 FY 2026 Q3 FY 2026 Q4 FY 2026 Q1 FY 2027 Cells Modules
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/Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 18 S U S TA I N A B I L I T Y A N D E S G
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 19 Sustainability and ESG ESG governance framework Board of Directors Enterprise oversight Oversees ESG strategy, risk management and performance monitoring Sustainability Board Committee ESG Steering Committee Working Groups Strategic governance Reviews key operational issues, customer needs and techno-commercial aspects Strategy-to- implementation bridge Bridges strategy development, stakeholder engagement and implementation ESG execution Implement ESG roadmaps, compile data, complete certification and disclosure requirements
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 20 Sustainability and ESG Progress on key parameters Planet Positive Product Leadership People Centric Zero Liquid Discharge Recycle 100% of water used, no waste to landfill 30% female employees in plants Certified Great Place to Work 12,716 green jobs 60,000+ hours employee training 35 Mn litre rain water harvesting capacity Avoided emission 30.1 MMT CO2e in Q1 FY 2027 through supply of cells & modules India’s first LEED gold rated solar manufacturing facility 11.6 MW rooftop solar project reduced scope 2 emissions by 8% in FY 2026 Kiwa Top Performer Zero fatalities ALMM certified India’s first Zero Busbar TOPCon cell ESOP scheme Amongst top 13 global module manufacturers as rated by Terawatt PV All-black G12R module
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 21 Empowering communities Sustainability and ESG Enabled quality education for 400 underprivileged children in collaboration with WECAN Facilitated AI multi-skill training for 300-500 students under the Telangana Government's Pragathi Pranalika initiative Enabled vocational skilling for 241 women in Dharwad, Karnataka through tailoring and embroidery training Supported young chess talent through national-level tournament participation and skill development
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/Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_05/4260647-003_Cover_Yash Shah FINANCIAL PERFORMANCE
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 23 Financial Performance Note: All numbers are rounded off to the nearest whole number. Operational performance and revenues Revenue from operations INR Mn + 10.4% QOQ +35.3% YOY PAT INR Mn Operating EBITDA INR Mn +5.9% QOQ +30.3% YOY +3.3% QOQ +53.3% YOY 18,207 18,369 19,365 22,303 24,626 Q1 FY 2026 Q2 FY 2026 Q3 FY 2026 Q4 FY2026 Q1 FY 2027 Premier Transcon 5,483 5,609 5,932 6,748 7,144 30% 31% 31% 30% 29% 0% 5% 10% 15% 20% 25% 30% 35% 40% - 2,000 4,000 6,000 8,000 10,000 12,000 Q1 FY 2026 Q2 FY 2026 Q3 FY 2026 Q4 FY2026 Q1 FY 2027 Premier Transcon Margin 3,078 3,534 3,916 4,568 4,719 16.5% 18.4% 19.9% 20.1% 18.8% 0.0% 5.0% 10.0% 15.0% 20.0% -500 500 1,500 2,500 3,500 4,500 5,500 6,500 7,500 Q1 FY 2026 Q2 FY 2026 Q3 FY 2026 Q4 FY2026 Q1 FY 2027 Premier Transcon Margin
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 24 Financial Performance Revenue mix Revenue mix by geography Revenue mix by business 22% 24% 22% 12% 24% 76% 75% 78% 88% 71% 4% Q1 FY 2026 Q2 FY 2026 Q3 FY 2026 Q4 FY 2026 Q1 FY 2027 Domestic - Cell Domestic - Module Domestic- Transcon Exports 99% 99% 99% 100% 99% Q1 FY 2026 Q2 FY 2026 Q3 FY 2026 Q4 FY 2026 Q1 FY 2027 Exports Domestic sales
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 25 Financial Performance Other financial indicators Net debt INR Mn Note: Net debt equals total debt less cash and bank balances including IPO proceeds. Total debt to equity 0.49 0.47 0.78 0.86 0.79 Q1 FY 2026 Q2 FY 2026 Q3 FY 2026 Q4 FY2026 Q1 FY 2027 -10,570 -5,673 3,867 10,464 16,417 Q1 FY 2026 Q2 FY 2026 Q3 FY 2026 Q4 FY2026 Q1 FY 2027
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 26 Consolidated P&L Financial Performance Amount, INR Mn Q1 FY 2027 Q1 FY 2026 Y-O-Y Q4 FY 2026 Q-O-Q Revenue from operations 24,625.94 18,207.42 35.25% 22,303.03 10.42% Other Income 450.43 487.78 -7.66% 385.98 16.70% Total Income 25,076.37 18,695.20 34.13% 22,689.01 10.52% Cost of materials consumed 13,470.84 9,556.65 40.96% 8,934.95 50.77% Purchases of stock-in-trade 2,536.03 1,129.66 - 4,299.50 - Changes in inventories (855.98) 483.15 - 131.39 - Other manufacturing and EPC project expenses 26.30 73.04 -63.99% 111.74 -76.46% Employee benefits expense 488.65 284.72 71.62% 445.22 9.75% Sales, administration and other expenses 1,816.49 1,197.36 51.71% 1,631.84 11.32% Operational EBITDA 7,143.61 5,482.84 30.29% 6,748.39 5.86% % Margin 29.01% 30.11% - 30.26% - EBITDA 7,594.04 5,970.62 27.19% 7,134.37 6.44% % Margin 30.28% 31.94% - 31.44% - Depreciation and amortisation expenses 956.29 1,575.41 -39.30% 791.17 20.87% Finance costs 439.34 368.12 19.35% 414.76 5.93% Profit before tax, share net of tax profit from associates and exceptional items 6,198.41 4,027.09 53.92% 5,928.44 4.55% Share of profit/(loss) from associates 5.41 2.42 123.55% 50.25 -89.23% Profit before tax and exceptional items 6,203.82 4,029.51 53.96% 5,978.69 3.77% Exceptional items 0.00 0.00 0.00% 0.00 0.00% Profit before tax (after exceptional items) 6,203.82 4,029.51 53.96% 5,978.69 3.77% Tax expenses 1,484.64 951.58 56.02% 1,410.32 5.27% PAT 4,719.18 3,077.93 53.32% 4,568.37 3.30% % Margin 18.82% 16.46% - 20.13% -
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 27 Segmental P&L for Q1 FY 2027 Financial Performance Amount, INR Mn Solar Cells and Modules Transformers Consolidated Revenue from operations 23,561.26 1,064.68 24,625.94 Other Income 414.90 35.53 450.43 Total Income 23,976.16 1,100.21 25,076.37 Cost of materials consumed 12,840.07 630.77 13,470.84 Purchases of stock-in-trade 2,511.94 24.09 2,536.03 Changes in inventories (904.11) 48.13 (855.98) Other manufacturing and EPC project expenses 26.30 0.00 26.30 Employee benefits expense 461.85 26.80 488.65 Sales, administration and other expenses 1,739.96 76.53 1,816.49 Operational EBITDA 6,885.25 258.36 7,143.61 % Margin 29.22% 24.27% 29.01% EBITDA 7,300.15 293.89 7,594.04 % Margin 30.45% 26.71% 30.28% Depreciation and amortisation expenses 923.90 32.39 956.29 Finance costs 425.38 13.96 439.34 Profit before tax, share net of tax profit from associates and exceptional items 5,950.87 247.54 6,198.41 Share of profit/(loss) from associates 5.41 0.00 5.41 Profit before tax and exceptional items 5,956.28 247.54 6,203.82 Exceptional items 0.00 0.00 0.00 Profit before tax (after exceptional items) 5,956.28 247.54 6,203.82 Tax expenses 1,419.97 64.67 1,484.64 PAT 4,536.31 182.87 4,719.18 % Margin 18.92% 16.62% 18.82%
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/Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 28 ANNEXURE – COMPAN Y BACKG RO UN D
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 30 Mission 2028 To become India’s leading provider of cleantech solutions with a portfolio of complementary products Vertically integrated capacity of 10 GW+ Allied products and services Transformers BESS solutions Inverters Diversified product portfolio with new engines of growth Allied products expected to contribute about 25% of group revenues Strong sales synergies – lower cost of customer acquisition and better margins Company Background EPC servicesIngots Wafers Cells Modules
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 31 Consistent growth track record Financial Performance Total Revenue INR Mn EBITDA INR Mn PAT INR Mn 110 228 769 1,611 2,268 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 234 488 1,047 2,431 3,570 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 Cell production MW 537 1,129 5,053 19,142 25,787 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 7,670 14,632 31,713 66,521 80,259 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 -144 -133 2,314 9,371 15,097 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 Module production MW Note: All numbers are rounded off to the nearest whole number.
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COLOR PALETTE Text 50 56 62 Title bar/Bullets 12 57 111 ACCENTS 1 12 57 111 115 172 240 2 108 191 78 196 229 184 3 222 158 54 242 216 175 4 219 80 74 241 185 183 5 101 142 156 193 210 215 6 191 191 191 229 229 229 Hyperlink 12 57 111 115 172 240 Followed Hyperlink 108 191 78 196 229 184 Lines 50 56 62 Highlights 12 57 111 TABLE /Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 32 Wide-ranging recognition in the industry Company Background 2025 ‘A’ Grade in Global Solar Module Manufacturer Ranking 2025 CII Award for CFO of the Year – Energy, Infrastructure & Utilities 2026 United Nations Global Compact Initiative Participant 2026 Best in Industry in the Energy, Oil & Gas Sector 2025 CII Award for Manufacturing Excellence 2026 Ranked 13 in Terawatt PV’s top 100 global module manufacturers 2026 India’s most Respected Entrepreneur and Star of City Award 2026 CII National EHS Excellence Award 2025 - Bronze Winner
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/Admin/ADVANCED GRAPHICS/Cover and Template/2024/2024_04/4226796-001_Premier Energies_Niwas Kumar_Cover & Template 33 Thank you! Corporate office 8th floor, Orbit Tower 1, Sy. No. 83/1, Hyderabad Knowledge City, TSIIC, Raidurgam, Hyderabad- 500081, Telangana, India Web www.premierenergies.com Email investors@premierenergies.com Production facilities Plot No. 8/B/1&2, E-City, (Fab City) Maheshwaram Mandal, Raviryala Village, Ranga Reddy District, Telangana 501359, India Sy No 303 304 305 and 306/2, EMC Maheshwaram Ranga Reddy District, Maheshwaram, Ranga Reddy District, Telangana 501359, India Plot No. S-95-96, S 100-104, Maheshwaram Mandal, Srinagar Village, Fab City, Raviryala, Ranga Reddy District, Telangana 501359, India Plot No. UDL-5, IP Seetharampur, Ranga Reddy District, Telangana 509217, India Plot no. 144, APIIC Industrial Park, APIIC MP SEZ Industrial area, Palachuru Village, Naidupeta, Tirupati District, Andra Pradesh 524421, India (Under construction) PREMIER ENERGIES LIMITED CIN: U40106TG1995PLC019909