Australian Premium Solar (India) Limited — PPTs, 14-02-2025: Investor Presentation

**Financial Highlights:** For Q3 FY25, operating income surged to ₹121.4 Cr, up 48% from the previous quarter. EBITDA reached ₹16.4 Cr, reflecting a 72% increase, while the EBITDA margin improved to 13.5%. PAT also saw significant growth, climbing to ₹11.4 Cr with a margin of 9.4%. For the nine months ended FY25, total operating income stood at ₹285.2 Cr, a remarkable growth of 154% year-on-year, with PAT amounting to ₹24.5 Cr, indicating a 431% rise.

**Strategic Initiatives and Growth Drivers:** APS is navigating a strong expansion strategy, planning to shift a significant portion of revenue towards solar pumps, expected to contribute around 30% by FY25. Additionally, a new manufacturing facility dedicated to TOPCon solar panels with a capacity of 800 MW is set to commence operations, strengthening production capabilities.

**Business Developments:** The company is exploring new markets including Maharashtra and Haryana, and is advancing towards vertical integration by beginning solar cell manufacturing in the next 18 to 24 months. This initiative aims to solidify APS's position in the renewable energy sector.

**Market Position and Competitive Advantage:** APS is positioned as a leading solar solutions provider in Gujarat, leveraging local manufacturing and a diverse product portfolio to gain competitive advantages. The projected CAGR for revenue growth signals robust potential amid favorable market dynamics in the solar industry.

**Investor Implications:** With significant revenue growth, operational expansions, and emerging product lines, APS presents prospects for positive investor sentiment, signaling potential long-term value enhancement.