Powerica Ltd. — Earnings Release 2026

May 28, 2026

POWERICA LIMITED

POWERICA

A PROMISE FOR POWER

Date: May 28, 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
Dalal Street, Mumbai – 400 001	Bandra Kurla Complex,
Scrip Code: 544744	Bandra (E), Mumbai – 400 051
	Symbol: POWERICA

Sub: Press Release

Dear Sir/ Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find attached the Press Release with respect to Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026.

The same may also be accessed on the website of the company at www.powericaltd.com.

This is for your information and record.

For Powerica Limited

Anita Praful
Denuse
Digitally signed by
Anita Praful Renuse
Date: 2026.05.28
22:25:04 +05'30'

Anita Renuse
Company Secretary & Compliance Officer
ACS: 25102

POWERICA LIMITED

Registered & Corporate Office: 9th Floor, Bakhtawar, Nariman Point, Mumbai - 400021

CIN: L31100MH1984PLC032825 | Tel: 022 66562525 | Email: investorrelations@powericaltd.com | Web: www.powericaltd.com

---

Investor Release

Powerica Limited

Consolidated Financial Results for Q4FY26 and FY26

Thursday, 28th May 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 applications and also into Wind Power business as an Independent Power Producer (IPP) and EPC including O&M for Balance of plant, announced its audited Financial Results for the quarter and year ended March 31, 2026.

Consolidated Financial Highlights

(INR Cr)	Q4FY26	Q4FY25	YoY	FY 26	FY 25	YoY
Revenue From Operations	801.15	722.19	10.9%	3,011.52	2,653.27	13.5%
Gross Profit	246.05	194.45	26.5%	1,046.24	839.08	24.7%
% Margin	30.7%	26.9%		34.7%	31.6%
Reported EBITDA	86.22	71.74	20.2%	386.32	345.51	11.8%
% Margin	10.8%	9.9%		12.8%	13.0%
PAT	45.11	37.49	20.4%	277.31	172.19	61.0%
% Margin	5.6%	5.2%		9.2%	6.5%

Operational Highlights

• Revenue Contribution Generator Set Segment (FY26/FY25): 83.1%/ 85.0%
• DG Sets powered by Cummins Engines contributed 65.5%/ 70.4%
• MSLG in association with Hyundai contributed 5.1%/ 1.7%

• Allied Business INR contributed 12.5%/ 12.9%

• Revenue Contribution Wind Power Segment (FY26/FY25): 16.9%/ 15.0%

• IPP Business contributed 6.7%/ 7.6%
• EPC and O&M for BoP Business contributed 10.1%/ 7.4%

---

Investor Release

• Segmental EBITDA Margin (FY26/FY25):
• Generator Set Segment: 9.1%/ 8.4%
• Wind Power Segment: 31.3%/ 41.4%

Management Commentary

Commenting on the results, Mr. Bharat Oberoi, Chairman and Managing Director:

"We are pleased to report our highest-ever annual performance in FY26 with revenues crossing INR 3,000 crore mark for the first time. For FY26, revenue stood at INR 3,011.52 crore (13.5% YoY growth) with EBITDA margin of 12.8% and PAT margin of 9.2%. This performance is driven by steady execution and healthy demand across businesses. During the year, our Generator Set business contributed 83.1% of total revenues, registering a YoY growth of 10.9%, with an EBITDA margin of 9.1%. The Wind Power segment contributed 16.9% of total revenues in FY26 registering a growth of 28.6% YoY, with an EBITDA margin of 31.3%.

For Q4 FY26, revenue grew by 10.9% YoY to INR 801.15 crore with EBITDA and PAT margins of 10.8% and 5.6%, respectively.

Geopolitical uncertainties, rising energy prices, and supply chain pressures are beginning to weigh on near-term demand, especially Q1FY27 onwards. However, with our diversified business portfolio, we are well positioned to sail through these transient challenges.

The sector continues to benefit from multiple structural megatrends like increasing electrification, renewable integration, EV ecosystem expansion and data centre investments, which reinforce our long-term growth outlook. We remain focused on the larger opportunity ahead and are targeting double digit topline growth in FY27."

---

Investor Release

About Powerica Limited

Powerica Limited (NSE: POWERICA | BSE: 544744), Powerica Ltd is an integrated power solutions provider specializing in diesel generator sets ("DG sets"), for both primary and standby applications and also into Wind Power business as an Independent Power Producer (IPP) and EPC including O&M for Balance of plant. The company commenced its DG sets business in 1984 and, in 1996, expanded its generator set portfolio to include medium speed large generators ("MSLG"). As one of the OEMs for Cummins India ("Cummins India", along with its affiliates, "Cummins"), the company has maintained a relationship with them for over four decades. further, the company continues to develop the MSLG segment in collaboration with HD Hyundai Heavy Industries Co., Limited ("Hyundai") on a non-exclusive basis. By integrating the DG set and MSLG offerings, the company provides a comprehensive range of generator sets with capacities ranging from 7.5 kVA to 10,000 kVA, designed to meet the distinctive requirements of diverse industries and applications. The company's generator set business comprises DG sets powered by Cummins engines, MSLG offerings in collaboration with Hyundai, and certain allied business activities ("Generator Set Business").

The company entered the wind power sector in 2008 as an independent power producer ("IPP"). Subsequently, it developed capabilities as an EPC contractor as well as an operation and maintenance ("O&M") service provider for balance of plant ("BoP"). Its operations in the wind power sector include developing and operating IPP projects as well as undertaking EPC and O&M activities for BoP primarily within the wind power industry ("Wind Power Business"). The company's Operational Wind Power Project portfolio of 12 projects is supported by long-term, fixed-tariff PPAs with GUVNL and SECI, generally with a term of 25 years. EPC for BoP experience covers 12 wind power projects with an aggregate installed capacity of 450.40 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.

---

Investor Release

Safe Harbour Statement

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.

For more information please contact:

| Company

A PROMISE FOR POWER
Powerica Limited
CIN: L31100MH1984PLC032825
Ritesh Kumar Agrawal, Group Chief Financial Officer
Anita Praful Renuse, Secretary & Compliance Officer
E-mail id: investor Relations Advisors

SGA Strategic Growth Advisors
Strategic Growth Advisors Pvt Ltd.
CIN: U74140MH2010PTC204285
Shikha Puri / Srushti Pathak
shikha.puri@sgapl.net / srushti.pathak@sgapl.net
Tel No: +91 9819282743 / +91 8308245280 |
| --- |