Business Update Report for the period ended on 30.09.2026

21 October, 2026 The Manager-Listing Department L i s t i n g D e p a r t m e n t National Stock Exchange of India Limited, B S E L i m i t e d ‘Exchange Plaza’, C-1, Block –G P h i r o z e J e e j e e b h o y T o w ers Bandra Kurla Complex, Bandra –East 25th Floor, Dalal Street Mumbai–400051 M u m b a i - 4 0 0 0 0 1 Sub : Business Update Report –September 30, 2026 Scrip Code No. : PILITA/ 500327 Dear Sir/Madam, Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith Business Update Report of the company for the Quarter ended on September 30, 2026. Kindly take the above on your records. Thanking you, Yours faithfully, For PIL ITALICA LIFESTYLE LIMITED Narendra Bhanawat (Whole Time Director) DIN : 00146824 Encl: a/a PIL ITALICA LIFESTYLE LIMITED BUSINESS UPDATES Q2 & H1 • FY27 JULY - AUGUST - SEPTEMBER COMPANY OVERVIEW KEY HIGHLIGHTS KEY STATS DOMESTIC FOOTPRINT PRODUCT AND BRAND PHILOSOPHY NEW ARRIVALS BRAND VISIBILITY SOCIAL MEDIA SNAPSHOTS • Udaipur • Silvassa • Bengaluru • Bhiwandi • Bhopal • Bhubaneswar • Ghaziabad • Jaipur • Kanpur • Nagpur • Zirakpur www.italica.com Italica Italica COMPANY OVERVIEW Established in 1992, PIL Italica Lifestyle Limited has evolved significantly, shaping the plastic furniture sector in India. From its origins in Udaipur, Rajasthan, the Company has expanded its reach across the nation, with a corporate presence in Mumbai and operational offices in Delhi. PIL Italica also acquired a manufacturing unit in Silvassa from Kisan Mouldings Limited. As a publicly listed entity on the Bombay Stock Exchange and the National Stock Exchange, PIL Italica stands as a testament to enduring business excellence and a deep understanding of market dynamics. PIL Italica is distinguished by its strategic approach to design and innovation, recognising the integral role of furniture and material handling products in enhancing living and work spaces. This philosophy is evident in the company’s commitment to functional, durable, and aesthetically pleasing products. PIL Italica’s dedication to quality is validated by its ISO 9001:2015 certification and distinction as the only Indian brand with CE-certified plastic furniture, reflecting its leadership in product excellence. PIL Italica Lifestyle Limited | Business Updates | Q2 & H1 • FY27 (July - August - September) www.italica.com Italica Italica 02 KEY HIGHLIGHTS FOR Q2 & H1 - FY 27 Revenue for Q2 • FY27 Revenue for H1 • FY27 2,844.94 4,520.40 Amount in Lakhs (INR) Total Manufacturing Units 2 (Udaipur & Silvassa) 4,932 Dealers as on H1 • FY27 Total 451 Direct Dealers as on Fulfilment H1 • FY27 Centres 208 Distributors as on Total States and H1 • FY27 Union Territories Covered Total Consolidated production Capacity 8,450 MTPA PIL Italica Lifestyle Limited | Business Updates | Q2 & H1 • FY27 (July - August - September) www.italica.com Italica Italica 03 KEY STATS Financial Highlights for the Quarter & Half-Year ended 30th September 2026 Q2 FY27 Q2 FY26 YoY(%) H1FY27 H1FY26 YoY(%) Q1FY27 QoQ FY26 Total Income 2,844.94 2,776.77 2.46% 4,520.40 5,181.12 -12.75% 1,675.46 69.80% 10,870.35 EBITDA 129.78 216.45 -40.04% 239.44 490.31 -51.17% 109.66 18.35% 933.46 EBITDA (%) 4.56% 7.80% -323 bps 5.30% 9.46% -417 bps 6.55% -198 bps 8.59% PBT 40.68 135.98 -70.08% 65.84 342.55 -80.78% 25.16 61.69% 605.47 PBT (%) 1.43% 4.90% -347 bps 1.46% 6.61% -515 bps 1.50% -7 bps 5.57% PAT 30.44 114.88 -73.50% 49.27 269.40 -81.71% 18.83 61.66% 449.36 PAT (%) 1.07% 4.14% -307 bps 1.09% 5.20% -411 bps 1.12% -5 bps 4.13% Q2 • FY 2027 Amount in Lakhs (INR) H1 • FY 2027 Amount in Lakhs (INR) Total Income EBITDA PAT Total Income EBITDA PAT 2.46% -40.04% -73.50% -12.75% -51.17% -81.71% 3,000 ` 2,845 ` 2,777 300 300 6,000 ` 5,181 600 600 4,520 2,500 250 ` 216 250 5,000 ` 500 ` 490 500 2,000 200 200 4,000 400 400 1,500 150 ` 130 150 ` 115 3,000 300 ` 239 300 ` 269 1,000 100 100 2,000 200 200 500 50 50 ` 1,000 100 100 49 0 0 0 0 0 0 Q2 FY 27 Q2 FY 26 Q2 FY 27 Q2 FY 26 Q2 FY 27 Q2 FY 26 H1 FY 27 H1 FY 26 H1 FY 27 H1 FY 26 H1 FY 27 H1 FY 26 Amount in Lakhs (INR) YOY Change (%) Amount in Lakhs (INR) YOY Change (%) Amount in Lakhs (INR) YOY Change (%) Amount in Lakhs (INR) YOY Change (%) Amount in Lakhs (INR) YOY Change (%) Amount in Lakhs (INR) YOY Change (%) PIL Italica Lifestyle Limited | Business Updates | Q2 & H1 • FY27 (July - August - September) www.italica.com Italica Italica 04 DOMESTIC FOOTPRINT From local roots to global reach From the bustling streets of Mumbai to the tranquil hills of Shimla, PIL Italica’s presence can be felt across the length and breadth of India. We have spread our wings far and wide to serve our customers with the highest level of satisfaction. With the mantra of ‘think global, act local’, we have expanded Zirakpur our reach to even the remotest corners of the country. With customer relationships that go beyond transactions, PIL Italica has become a symbol Ghaziabad of trust and reliability among its stakeholders. Our sights are set on the future Jaipur Kanpur and we are determined to take our presence to even greater heights and touch the lives of more people across the globe. Udaipur Bhopal Silvassa Nagpur Bhubaneswar as on September 2026 Bhiwandi 4932 451 208 Dealers Direct Dealers Distributors 22 Bengaluru States and Union Territory Fulfilment Centres Map not to scale, only for representation purpose PIL Italica Lifestyle Limited | Business Updates | Q2 & H1 • FY27 (July - August - September) www.italica.com Italica Italica 05 PRODUCT AND BRAND PHILOSOPHY The Company blends comfort with functionality, offering a thoughtfully curated portfolio that spans moulded plastic furniture, material handling solutions, and waste management products. This diverse range is driven by a deep commitment to ergonomic excellence and aesthetic innovation, positioning the brand as a category leader in redefining spaces. With a focus on evolving customer needs, the Company continues to deliver products that seamlessly integrate utility, design, and modern sensibilities. PIL Italica Lifestyle Limited | Business Updates | Q2 & H1 • FY27 (July - August - September) www.italica.com Italica Italica 06 NEW ARRIVALS PIL Italica Lifestyle Limited | Business Updates | Q2 & H1 • FY27 (July - August - September) www.italica.com Italica Italica 07 BRAND VISIBILITY - VAN CAMPAIGNS During the quarter, PIL Italica executed high-impact vehicle campaigns across key markets pan-India, strengthening last-mile visibility and accelerating product awareness. These on-ground activations enabled direct engagement with dealers, retailers and end customers, supporting new product introductions, reinforcing channel partner relationships and driving deeper market penetration. Van campaign done at Mumbai in Maharashtra & Raipur in Chattisgarh. PIL Italica Lifestyle Limited | Business Updates | Q2 & H1 • FY27 (July - August - September) www.italica.com Italica Italica 08 BRAND VISIBILITY - EXHIBITION During the period, PIL Italica participated in key regional exhibitions including The Decor Meet - Banaskantha Gujarat. , with dedicated brand stalls showcasing core and new product ranges. This initiative strengthened regional market presence, improved channel engagement, and supported lead generation across diverse geographies. PIL Italica Lifestyle Limited | Business Updates | Q2 & H1 • FY27 (July - August - September) www.italica.com Italica Italica 09 BRAND VISIBILITY - STORE BRANDING PIL Italica executed extensive in-store and storefront branding initiatives across key markets including Goyal Furniture, Indore MP. The Activities covered shop board, in-store branding elements, etc. aimed at strengthening brand visibility and recall at the point of sale. These initiatives enhanced retail presence, improved consumer engagement within stores, and supported stronger brand-led conversions across priority markets. PIL Italica Lifestyle Limited | Business Updates | [Showing first 8,000 characters — download PDF for full document]