Press Release

October 23, 2026 Manager – Listing Department, National Stock Exchange of India Limited Exchange Plaza, Plot No. C-1, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051 Subject: Press Release with respect to financial results for the quarter and half year ended September 30, 2026 NSE Symbol: PANACHE Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the press release being issued by the Company with regard to the unaudited financial results of the Company for the quarter and half year ended September 30, 2026. Kindly take the same on your records. Thanking you, Yours faithfully, For Panache Digilife Limited Harshil Chheda Company Secretary, Compliance Officer & Head - Legal Encl.: As above Press Release Panache Digilife delivers strong Q2 FY27 performance, with Total Income surging 231.7% YoY to ₹13,075 Lakhs and PAT growing 5.5x, up 450.8% YoY, to ₹770 Lakhs Mumbai, Maharashtra, 23rd October 2026: Panache Digilife Limited, one of India’s leading ESDM players, announced its Q2 FY27 results today. The Board of Directors of Panache Digilife Limited at its meeting held on 23rd October 2026 approved the unaudited Financial Results for the second quarter of the Financial Year 2026-27. ₹ Lakhs Financial Summary Q2 FY27 Q2 FY26 YoY% Q1 FY27 QoQ% H1 FY27 H1 FY26 YoY% FY26 Total Income 13,075 3,942 231.7% 5,154 153.7% 18,229 6,919 163.5% 24,539 EBITDA 1,353 287 371.2% 591 129.1% 1,944 503 286.5% 2,942 EBITDA Margin 10.3% 7.3% 306 bps 11.5% (111 bps) 10.7% 7.3% 339 bps 12.0% PAT* 770 140 450.8% 381 102.1% 1,150 227 407.8% 1,621 PAT Margin 5.9% 3.5% 234 bps 7.4% (150 bps) 6.3% 3.3% 304 bps 6.6% Diluted EPS (₹) 4.90 0.90 441.7% 2.09 134.6% 6.82 1.44 374.3% 9.06 *Profit for the period attributable to the owners of the Company Commenting on the results, Mr. Amit Rambhia, Chairman & Managing Director, Panache Digilife Limited said: “We are pleased to report a strong performance in Q2 and H1 FY27, reflecting the strength of our technological capabilities and sustained R&D efforts. Total Income for Q2 FY27 grew 231.7% YoY and 153.7% QoQ to ₹13,075 lakhs, while H1 FY27 Total Income rose 163.5% YoY to ₹18,229 lakhs. Our focused efforts over the years are now translating into tangible results, with early investments in building a strong technological foundation beginning to deliver returns. EBITDA for Q2 FY27 grew 371.2% YoY to ₹1,353 lakhs, with EBITDA margin expanding by 306 basis points to 10.3% from 7.3% in Q2 FY26. For H1 FY27, EBITDA increased 286.5% YoY to ₹1,944 lakhs, with margins improving by 339 basis points to 10.7%. The margin expansion was driven by robust execution, resulting in operating leverage, an improved product mix and a higher share of value-added products. PAT grew significantly by 5.5x, up 450.8% YoY to ₹770 lakhs in Q2 FY27, with PAT margin expanding by 234 basis points to 5.9%. For H1 FY27, PAT grew 407.8% YoY to ₹1,150 lakhs, with PAT margin improving by 304 basis points to 6.3%. During the quarter, we strengthened our foothold through a significant order in the telecom sector through our subsidiary, Panache Newage Technology Private Limited. The engagement encompasses the delivery of advanced technology solutions and services, including installation, configuration, technical support, and real-time monitoring. This engagement represents a significant milestone in our strategic expansion into India's rapidly evolving telecom sector. We believe it establishes a strong foundation for scaling our presence in this high-growth market, pursuing larger and more complex projects, strengthening our technology services capabilities, and fostering long-term strategic partnerships. We remain confident in the growth potential of India’s Electronic System Design and Manufacturing (ESDM) ecosystem, driven by increasing localisation, domestic manufacturing and the growing adoption of AI, IoT, networking and smart devices. With integrated capabilities across product design, engineering and manufacturing, Panache is well positioned to capitalise on these opportunities. During the quarter, Panache was honoured with the prestigious Innovation & Excellence Award by Intel at the Industry Solution Builders Connect 2026. This recognition underscores our continued commitment to innovation, excellence in product development, and technological advancement, while reinforcing our position as a trusted provider of cutting-edge technology solutions. Looking ahead, we remain focused on expanding our customer base and product portfolio, strengthening strategic partnerships and increasing our presence in high-growth, technology-intensive segments. We believe these initiatives, combined with our integrated capabilities and expanding addressable market, position us to unlock new growth opportunities, enhance operating leverage and deliver sustainable growth and long-term value for our stakeholders.” Page | 1 Key Highlights Q2 FY27 • Total Income of ₹ 13,075 Lakhs in Q2 FY27, registering a growth of 231.7% YoY • EBITDA of ₹ 1,353 Lakhs in Q2 FY27, growing 371.2% YoY. EBITDA Margin stood at 10.3% • PAT* of ₹ 770 Lakhs in Q2 FY27, up 450.8% YoY and PAT Margin stood at 5.9% • Diluted EPS stood at ₹ 4.90 in Q2 FY27 as against ₹ 0.90 in Q2 FY26 Key Highlights H1 FY27 • Total Income of ₹ 18,229 Lakhs in H1 FY27, registering a growth of 163.5% YoY • EBITDA of ₹ 1,944 Lakhs in H1 FY27, growing 286.5% YoY. EBITDA Margin stood at 10.7% • PAT* of ₹ 1,150 Lakhs in H1 FY27, up 407.8% YoY and PAT Margin stood at 6.3% • Diluted EPS stood at ₹ 6.82 in H1 FY27 as against ₹ 1.44 in H1 FY26 *Profit for the period attributable to the owners of the Company About Panache Digilife Limited Panache Digilife is one of India’s leading ESDM players, with over 2 decades of experience, specializing in Design-Led Manufacturing (DLM) and Contract-Led Manufacturing (CLM). The company designs, manufactures, distributes, and services a broad portfolio of ICT, AIoT, and digital infrastructure solutions, serving global OEMs across diverse industries. For further information, please contact: Email: ir@panachedigilife.com Page | 2