Press Release

Date: October 06, 2026 The Manager The Compliance Manager Listing and Compliance Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza Plot No. C/ 1 Block G, Bandra- Phiroze Jeejeebhoy Towers Kurla Complex, Bandra (East), Mumbai - Dalal Street 400051 Mumbai- 400001 Scrip Symbol: KANOHAR Scrip Code: 544911 Sub: Intimation of Press Release - Q1/FY27 Dear Sir/Madam, Pursuant to the relevant provisions of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, we hereby enclose a copy of Press Release for Q1/FY27 for your information. The said Press Release will thereafter be uploaded on Company’s website at https://www.kanohar.com/press-releases This information is submitted to you pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015. It is requested to take this intimation on record and acknowledge the receipt of the same. Kindly take the above information on record. Thanking you. FOR KANOHAR ELECTRICALS LIMITED Neha Company Secretary & Compliance Officer Membership Number: A29167 Kanohar Electricals Limited PRESS RELEASE Kanohar Electricals Reports Q1 FY27 Results: Revenue grows to ₹137 Cr; PAT up 140% to ₹27 Cr Meerut, India — October 6th, 2026: Kanohar Electricals Limited, one of the leading domestic players in transformer manufacturing, announced its unaudited standalone financial results for the first quarter ended June 30, 2026. FINANCIAL PERFORMANCE — Q1 FY27 Particulars (₹ Cr) Q1 FY27 Q1 FY26 YoY % FY26 Revenue from Operations 137 67 103.5% 654 Gross Profit 58 29 97.4% 254 EBITDA 39 15 152.2% 180 EBITDA Margin 28.3% 22.8% 27.6% Profit Before Tax 37 16 134.7% 174 Profit After Tax 27 11 140.0% 130 PAT Margin 19.9% 16.9% 19.8% Figures are rounded off wherever applicable Q1FY27 REVENUE MIX Overall Revenue Mix Overall Revenue Mix Transformers EPC Q1 FY27 85.2% 14.8% FY26 83.5% 16.5% Transformers Business Mix Power Distribution Scott Traction Shunt Transformers Business Mix Transformers Transformers Transformers Transformers Reactors Q1 FY27 70.4% 0.2% 11.5% 0.0% 2.8% FY26 57.1% 0.1% 25.3% 0.9% 0.0% Transformers Voltage Mix 220 kV and 132 kV and Transformers Voltage Mix 400 kV <132 kV <400 kV <220 kV Q1 FY27 70.2% 3.2% 11.4% 0.2% FY26 52.2% 11.0% 17.8% 2.5% www.kanohar.com Page 1 of 3 Kanohar Electricals Limited MANAGEMENT COMMENTARY – ABHISHEK SINGHAL, WHOLE TIME DIRECTOR “The listing was a milestone in our journey. We thank all stakeholders and partners including our team for their efforts. We continued the momentum of FY26 in Q1FY27. On Y-o-Y basis, we doubled our revenues, sustained high Gross margins, expanded our EBITDA and PAT margins. The profitability improvement is driven by healthy increase in manufacturing and improvement in product mix (higher contribution in 400kV segment) which led to higher operating leverage and profit after tax. We added incremental orders worth ~Rs. 332.3 Cr and have closed the quarter at an outstanding orderbook of Rs. 2,026 Cr executable over the next 18-24 months. We are investing in increasing the capacity through brownfield expansion at our Gangol unit along with undertaking sustainability efforts. These capex spends over the next 18 months will result in healthy growth and sustainable profits. Having won orders in the 400kV Transformers segment, we are focusing on execution. Further, having built capabilities to manufacture 765kV Transformers, we are working towards adding suitable orders which will further sustain the overall revenue growth and margins. Certifications and Pre-qualification are large entry barriers in the Transformers industry. With a proven track record, available capacities across product segments and consistent order pipeline from the Power Transmission, Power distribution, Railways and Renewables segment, we have a long runway of growth. For FY27, we are targeting Revenues of Rs. 950 Cr with similar EBITDA margin profile as FY26.” ABOUT KANOHAR ELECTRICALS LIMITED Incorporated in 1972, Kanohar Electricals is a transformer manufacturer and EPC service provider for substations and transmission lines in India, catering to power transmission, railways, renewable energy and power distribution sectors. The Company is among the five manufacturers in India with short-circuit test certification for 500 MVA, 400 kV transformers used in power transmission, as well as 100 MVA, 220 kV Scott-connected transformers supporting Indian Railways’ network electrification (Source: CARE Report dated January 23, 2026). Its backward-integrated manufacturing facilities and in-house technology enable a broad portfolio of products and solutions for India’s evolving energy infrastructure. www.kanohar.com Page 2 of 3 Kanohar Electricals Limited SAFE HARBOR 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 product characteristics and uses, product sales potential and target dates for product launch 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: Investor Relations (IR) Advisors: Kanohar Electricals Limited Strategic Growth Advisors Pvt. Ltd. CIN: U31909UP1972PLC003635 CIN: U74140MH2010PTC204285 Ms. Neha Ms. Ami Parekh Company Secretary & Compliance Officer ami.parekh@sgapl.net E: compliance@kanohar.com +91 80824 66052 www.kanohar.com Mr. Aadesh Pardeshi aadesh.pardeshi@sgapl.net +91 97302 95536 www.kanohar.com Page 3 of 3