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EPIC Energy Ltd (530407)

📊 BSE: 530407 🏢 Non Banking Financial Company (NBFC) 📢 Latest filing: 05 Sep 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, EPIC Energy's net interest income was ₹2.5 Cr (+136.0% year on year, +32.5% on the previous quarter), and net profit ₹0.0 Cr (-60.2% year on year).

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Net interest income	₹2.5	+136.0%	+32.5%
Operating profit	₹0.0	—	—
Net profit	₹0.0	-60.2%	-92.8%
EPS (₹)	0.03	-70.0%	-93.5%

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Epic Energy JV Begins Trial Production at Wada Second-Life Battery Assembly Plant

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 05 Sep 2026, 03:29 PM

Epic Energy's joint venture, Swachcha Urja Nirman LLP (SUN LLP), has commenced trial production at its Second Life Battery Assembly Plant in Wada, Maharashtra, effective September 5, 2026. The facility repurposes retired lithium-ion battery cells for stationary storage and telecom backup applications, with commercial production slated for early October 2026. Furthermore, trial production at its partner Battery Recycling Plant (in tie-up with CMET, Hyderabad) is scheduled by end-September 2026. The project is fully equity-funded with zero debt, and revenue generation is expected from Q3 FY27.

Trial production commenced on September 5, 2026 at the Wada assembly plant.
Commercial production planned for early October 2026 focusing on stationary storage and telecom backup.
Trial production at Battery Recycling Plant expected by end of September 2026 in partnership with CMET, Hyderabad.
Project is 100% equity-financed with zero debt; revenue contribution guided from Q3 FY27.

💡 Track the scheduled commercial launch in early October 2026, recycling plant trial milestones, and revenue ramp-up beginning Q3 FY27.

EPIC Energy Sets AGM for Sept 22, 2026; Book Closure from Sept 16 to Sept 22

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 31 Aug 2026, 04:18 PM

EPIC Energy Limited has issued notice for its 35th Annual General Meeting (AGM) to be held on Tuesday, September 22, 2026, at 11:00 AM IST via Video Conferencing. The Register of Members and Share Transfer Books will remain closed from September 16, 2026, to September 22, 2026 (both days inclusive) for AGM purposes. Key ordinary business items include the adoption of FY26 audited financial statements, the re-appointment of Director Mrs. Veena Morsawala, and the appointment of M/s. NGST & Associates as Statutory Auditors until the 38th AGM.

35th AGM scheduled for September 22, 2026, at 11:00 AM IST through Video Conferencing
Book closure period fixed from September 16, 2026, to September 22, 2026 (both days inclusive)
Auditor M/s. NGST & Associates proposed for appointment till the conclusion of the 38th AGM
Speaker registration for AGM questions closes 7 days prior on September 15, 2026

💡 Eligible shareholders wishing to vote or speak at the AGM should ensure their demat KYC details are updated and register as speakers by September 15, 2026.

EPIC Energy Convenes 35th AGM on September 22, 2026; Book Closure from Sept 16

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 31 Aug 2026, 04:09 PM

EPIC Energy Ltd has issued the notice for its 35th Annual General Meeting (AGM) scheduled for Tuesday, September 22, 2026, at 11:00 AM IST via Video Conferencing. Key ordinary business includes the adoption of audited financial statements for FY2025-26, the re-appointment of Mrs. Veena Morsawala as Non-Executive Director retiring by rotation, and the re-appointment of statutory auditors M/s. NGST & Associates until the 38th AGM. The Register of Members and Share Transfer Books will remain closed from September 16, 2026, to September 22, 2026.

35th AGM scheduled for Tuesday, September 22, 2026, at 11:00 AM IST through Video Conferencing
Share transfer register and Register of Members closed from September 16, 2026, to September 22, 2026
Re-appointment of statutory auditors M/s. NGST & Associates proposed up to the conclusion of the 38th AGM
Shareholders wishing to register as speakers must submit requests by September 15, 2026

💡 Shareholders interested in participating or voting should review the e-voting timelines and register speaker requests by September 15, 2026.

EPIC Energy Submits FY26 Annual Report; 35th AGM Scheduled for Sept 22, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 31 Aug 2026, 04:00 PM

EPIC Energy has submitted its Annual Report for FY 2025-26 along with the Notice for its 35th Annual General Meeting scheduled for September 22, 2026. For FY26, the company reported consolidated total revenue of ₹487.15 lakh compared to ₹426.55 lakh in FY25, while net profit after tax declined to ₹69.43 lakh from ₹130.54 lakh in FY25. The report highlights ongoing progress on its 2,500 TPA battery recycling facility and 100 MWh second-life battery assembly unit at Wada, along with 4.8 MWp in aggregate solar contracts.

Consolidated revenue for FY26 stood at ₹487.15 lakh vs ₹426.55 lakh in FY25
Consolidated PAT declined to ₹69.43 lakh in FY26 from ₹130.54 lakh in FY25
Net worth reached ₹1,346.79 lakh as of March 31, 2026
35th AGM scheduled to be held on Tuesday, September 22, 2026 via VC/OAVM
Ongoing execution of 2,500 TPA Battery Recycling plant and 100 MWh battery refurbishing unit at Wada

💡 Track voting resolutions and management commentary during the AGM on September 22, 2026, alongside commercialization timelines for the Wada battery recycling and solar open access projects.

EPIC Energy Allots 1.98 Lakh Shares on Warrant Conversion; Raises ₹74.25 Lakh

🟢 POSITIVE ⭐ 4/10

FUNDRAISE 📅 21 Aug 2026, 02:22 PM

EPIC Energy has approved the allotment of 1,98,000 equity shares of face value ₹10 each upon the conversion of warrants issued on a preferential basis. The company received the remaining 75% balance consideration of ₹37.50 per warrant, aggregating to ₹74.25 lakh, at an issue price of ₹50 per share (including a ₹40 premium). The allotment was made to four allottees, including promoter entities Nikhil and Veena Morsawala (66,000 shares each) and non-promoter investors (66,000 shares combined). A total of 28,68,668 warrants remain outstanding for future conversion.

Allotted 1,98,000 equity shares upon warrant conversion at an issue price of ₹50 per share.
Received balance 75% consideration amounting to ₹74,25,000 (₹37.50 per warrant).
Promoters subscribed to 1,32,000 shares (66,000 shares each to Nikhil and Veena Morsawala).
28,68,668 convertible warrants remain outstanding out of the initial 38,00,000 allotted.

💡 Track the pace of conversion of the remaining 28.68 lakh warrants and the utilization of raised proceeds in subsequent quarterly filings.

EPIC Energy Schedules 35th AGM on September 22, 2026; Book Closure from Sept 16 to 22

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 21 Aug 2026, 02:19 PM

EPIC Energy Limited has announced the schedule for its 35th Annual General Meeting (AGM), set to take place on Tuesday, September 22, 2026, via Video Conferencing/OAVM. The company's Register of Members and Share Transfer Books will be closed from September 16, 2026, to September 22, 2026 (both days inclusive). This is a routine administrative compliance filing with no operational or financial impact on the company.

35th Annual General Meeting scheduled for Tuesday, September 22, 2026
Meeting to be conducted electronically via Video Conferencing (VC) / OAVM
Register of Members and Share Transfer Register closed from September 16, 2026, to September 22, 2026 (both days inclusive)
Board meeting commenced at 01:15 p.m. and concluded at 01:50 p.m. on August 21, 2026

💡 Shareholders should note the record/closure dates if participating in AGM voting. Monitor the upcoming AGM notices and annual report for future business updates.

Rs 2.43 Cr Q1 Revenue; EPIC Energy reports 134% YoY growth but profit drops to Rs 2.83 Lakhs

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 11 Aug 2026, 09:03 PM

EPIC Energy reported a significant 134% YoY increase in standalone revenue to Rs 2.43 Cr for Q1 FY27, primarily driven by its Renewable Energy Solutions segment. However, net profit declined sharply to Rs 2.83 lakhs from Rs 11.03 lakhs in the year-ago period, as material costs surged to Rs 2.10 Cr. The company is currently executing 4.8 MWp of solar projects and an 8 TPD battery recycling plant, both targeted for revenue generation by Q3 FY27. Given the small market cap of Rs 24 Cr, these upcoming projects represent a substantial expansion of the current business scale.

Revenue from operations grew 134% YoY to Rs 2.43 Cr compared to Rs 1.04 Cr in Q1 FY26
Net profit fell 74% YoY to Rs 2.83 lakhs from Rs 11.03 lakhs due to high input costs
Renewable Energy Solutions segment contributed 100% of operational revenue at Rs 2.43 Cr
Solar projects totaling 4.8 MWp (1.3 MWp in Maharashtra and 3.5 MWp in Gujarat) are expected to commission by Q3 FY27
Battery recycling project of 8 TPD at Wada is expected to start accruing revenue by Q3 FY27

💡 Monitor the commissioning timeline of the 8 TPD battery recycling plant in September 2026 and the 4.8 MWp solar projects, as these are critical for improving the company's currently thin net margins.

EPIC Energy Q1 Revenue Grows 134% YoY to ₹2.43 Cr; Net Profit Declines to ₹2.83 Lakhs

🔵 WATCH ⭐ 6/10

EARNINGS 📅 11 Aug 2026, 07:27 PM

EPIC Energy reported a strong 134% YoY increase in revenue to ₹2.43 Cr for Q1 FY27, driven entirely by its Renewable Energy Solutions segment. However, net profit fell sharply to ₹2.83 lakhs from ₹11.03 lakhs in the previous year's quarter due to a surge in operating expenses, which consumed nearly 99% of revenue. The company is undergoing a structural shift, with 4.8 MWp of solar projects and an 8 TPD battery recycling plant expected to commission by Q3 FY27. While the revenue growth is significant for a micro-cap, current profitability remains marginal.

Revenue from operations increased 134% YoY to ₹243.33 lakhs from ₹104.02 lakhs.
Net profit for the quarter stood at ₹2.83 lakhs, a 74% decline compared to ₹11.03 lakhs in Q1 FY26.
Renewable Energy Solutions segment contributed 100% of operational revenue at ₹243.33 lakhs.
Solar projects totaling 4.8 MWp (1.3 MWp in Maharashtra and 3.5 MWp in Gujarat) are scheduled for Q3 FY27 commissioning.
Battery recycling project of 8 TPD at Wada, Maharashtra, is expected to start revenue accrual by Q3 FY27.

💡 Monitor the commissioning status of the 4.8 MWp solar projects and the battery recycling plant in Q3 FY27, as these are critical for improving the current thin margins.

Aug 11 Board Meeting to Approve Q1 FY27 Financial Results

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 06 Aug 2026, 05:54 PM

EPIC Energy Ltd has scheduled a board meeting on August 11, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company, a micro-cap NBFC with a market capitalization of Rs 25 Cr, reported a TTM revenue of Rs 5 Cr and a PAT of Rs 1 Cr. The trading window for designated persons has been closed since June 26, 2026, and will reopen 48 hours after the results are announced. Investors will be monitoring if the company can maintain the revenue momentum seen in the March 2026 quarter (Rs 1.88 Cr).

Board meeting scheduled for August 11, 2026, to approve Q1 FY27 results.
Trading window closure initiated on June 26, 2026, per SEBI regulations.
Company reported a TTM revenue of Rs 5 Cr against a market cap of Rs 25 Cr.
Promoter holding remains stable but relatively low at 23.3% as of March 2026.

💡 Watch for the earnings release on August 11 to evaluate the company's ability to scale its small revenue base and improve net profit margins from the 0.7 Cr reported in FY26.

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