Unaudited Financial Results for the quarter and half year ended September 30, 2026

Date: October 29, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block-G, BKC, Dalal Street, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 544256 Symbol: PNGJL Subject: Outcome of Board Meeting held on October 29, 2026 Dear Sir/ Madam, This is to inform you that pursuant to Regulation 30 and Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015, the Board of Directors of the Company at their Meeting held on Thursday, October 29, 2026, has: 1. Considered and Approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026. A copy of the Unaudited Financial Results for the quarter and half year ended September 30, 2026, and Limited Review Report issued by Statutory Auditors of the Company are enclosed herewith. The meeting of the Board of Directors of the Company commenced at 12:47 P.M. and concluded at 03:05 P.M. You are requested to take the above information on your records. Thanking You, For P N Gadgil Jewellers Limited Prakhar Gupta Company Secretary & Compliance Officer P N Gadgil Jewellers Limited Registered Office.: PNG House, 694, Narayan Peth, Kunte Chowk, Laxmi Road,Pune, - 411030. Maharashtra, India. Tel. No. +91 20 24435005 I Fax: +91 20 244305011 Toll Free no.: 1800 233 5005 (1 1A .M. - 7 P.M.) I www.pngjewellers.com I info@pngadgil.com I CIN: L36912PN2013PLC149288 I INDIA I USA P N Gadgil Jewellers Limited Registered office: PNG House, 694, Kunte Chowk, Laxmi Road, Narayan Peth, Pune -411030 CIN: L36912PN2013PLC149288 Statement of Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2026 {fin Million) For the quarter ended For the half year ended For the year ended Particulars September 30, 2026 June 30, 2026 September 30, 2025 Se11tember 30, 2026 September 30, 2025 March 31, 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Income Revenue from operations 26,254.09 23,805.71 21,543.58 50,059.80 38,567.76 1,06,407.38 Other income 171.86 100.17 357.36 272.03 485.75 879.72 Total income : 26 425.95 23,905.88 21 900.94 50 331.83 39 053.51 I 07 287.10 Expenses Cost of materials consumed 22,937.29 20,689.35 19,009.78 43,626.64 33,834.36 93,675.83 Employee benefit expense 432.98 489.23 384.09 922.21 706.04 1,477.89 Finance costs 406.89 338.67 193.70 745.56 380.90 897.64 Depreciation and amortisation expense 196.56 171.64 134.22 368.20 241.21 550.94 Other expenses 842.92 836.26 1,083.70 1,679.18 1,881.38 5,224.18 Total expenses : 24 816.64 22,525.15 20 805.49 47 341.79 37 043.89 1 01 826.48 Profit/(Loss) before exce11tional items and tax from 1,609.31 1,380.73 1,095.45 2,990.04 2,009.62 5,460.62 continuing 011erations Exceptional items - - - - - 33.92 Profit/(Loss) before tax 1,609.31 1,380.73 1,095.45 2,990.04 2,009.62 5,426.70 Tax Ex11ensc (a) Current tax 423.65 356.14 291.10 779.79 531.67 1,447.99 (b) Deferred tax (11.66) (3.97) 7.31 (15.63) (0.24) (31.66) Total tax cx11enscs : 411.99 352.17 298.41 764.15 531.43 1,416.33 Profit/ (Loss) for the year/period, net of tax from 1,197.32 1,028.56 797.04 2,225.88 1,478.19 4,010.37 continuing operations Other comprehensive income Items that will not be reclassified to profit or loss (a) Remeasurement of defined benefit obligation (4.25) (1.40) (0.34) (5.65) (1.74) (3.25) (b) Gain on measurement ofG-Sec at fair value (16.72) 1.99 (1.43) (14.73) (1.34) (3.75) (ii) Income tax relating to these items (a) Tax relating to remeasurement of the defined 1.07 0.35 0.09 1.42 0.44 0.82 benefit plans (b) Tax relating to measurement of equity 4.21 (0.50) 0.36 3.71 0.34 0.94 instruments at fair Value Other Comprehensive Income for the year/period (15.69 0.44 (1.32) (15.25) (2.30) (5.24 Total comprehensive income for the ycar/11c1·iod, net 1,181.63 1,029.00 795.72 2,210.63 1,475.89 4,005.13 of tax Paid up Equity (Face Value of Rs. IO each) 1,472.03 1,357.08 1,357.08 1,472.03 1,357.08 1,357.08 Other Equity - - - - - 18,359.98 Earnings per equity share for profit attributable to owners Basic (in Rs.) (not annualised for the quarter ended) 8.59 7.58 5.87 15.97 10.89 29.55 Diluted (in Rs.) (not annualised for the quarter ended) 8.59 7.58 5.87 15.97 10.89 29.55 c:) 11-ssoc✓.,..,.. <::>~" g i P N Gadgil Jewellers Limited Registered office: PNG House, 694, Kunle Chowk, Laxmi Road, Narayan Peth, Pune -411030 CIN: L36912PN20131'LC149288 Standalone Balance Sheet as at Septem her 30, 2026 ('! in Million) As at As at Particulars Septem bcr 30, 2026 March 31, 2026 (Unaudited) (Audited) ASSETS Non-Current Assets Properly, Plant and Equipment 2,255.82 2,248.92 Right of Use of Assets 1,602.22 1,436.93 Capital work-in-progress 48.57 - Other Intangible Assets 21.20 19.30 Financial Assets i. Investments 941.70 534.22 ii. Other Financial Assets 1,256.28 1,728.94 Other No11-Current Assets 85.85 77.68 Total Non-Current Assets 6,211.64 6,045.99 Current Assets Inventories 43,746.42 36,123.82 Financial Assets i. Trade Receivables 1,858.03 666.45 ii. Cash and Cash Equivalents 460.12 354.30 iii. Bank balances other than (ii) above 10,564.77 4,627.53 iv. Loans 1.66 2 08 v. Other Financial Assets 185.04 64 7.64 Other Current Assets 1,153.82 768.58 Total Current Assets 57,969.86 43,190.40 Assets held for Sale - I 156 Total Assets 64,181.50 49,247.95 EQUITY AND LIABILITIES Equity Equity Share Capital 1,472.03 1,357.08 Other Equity 27,233.91 18,359.98 Total cq uity 28,705.94 19,717.06 LIABILITIES Non-Current Liabilities Financial Liabilities i. Borrowings 504.25 - ii. Lease Liabilities 1,353.18 1,199.52 iii. Other Financial Liabilities 94.69 90.57 Provisions 31.16 33.22 Deferred Tax Liabilities (Net) 20.57 4133 Total Non-Current Liabilities 2,003.85 1,364.64 Current Liabilities Financial Liabilities i. Borrowings 18,835.95 15,500.64 ii. Trade Payables a) Total outstanding dues of micro enterprises and small enterprises 506.15 44.00 b) Total outstanding dues of creditors other than micro enterprises and small enterprises 6,737.38 5,622.83 iii. Lease Liabilities 379.38 347.15 iv. Other Financial Liabilities 509.80 374.71 Provisions 267.88 67.99 Current Tax Liabilities (Net) 108.51 133.31 Other Current Liabilities 6,126.66 6,075.62 Total Current Liabilities 33,471.71 28,166.25 Total Liabilities 35,475.56 29,530.89 Total Equity and Liabilities 64,181.50 49,247.95 P N Gadgil Jewellers Limited Registered office: PNG House, 694, Kunte Chowk, Laxmi Road, Narayan Peth, Pune -4 r I 030 CIN: L36912PN2013PLC149288 Standalone Cash flow Statement for the half year ended September 30, 2026 (< in Million) September 30, 2026 September 30, 2025 Sr. No. Particnlars Unandited (Unandited A Cash flow from operating activities Profit/ (loss) before tax from continning operations 2,990.04 2,009.62 Adj nstments for : Add: Depreciation and amortization expense 368.20 241.21 Bad debts written off 000 0.51 Loss on sale of asset 2.73 3.52 Interest and other finance cost 745.56 380.90 Balances and Assets written off 0.69 Less: Net gain on disposal of property, plant and equipment Interest income (231.15) ( 198.82) Gain on Lease Modifications (2.50) Unwinding of interest (6.30) (5.9 I) 877.23 421.40 Operating profit/(loss) before working capital changes 3,867.27 2,431.02 Adj nstments for changes in : (Increase)/ decrease in trade receivables (I ,I 91.57) (1,414.69) (Increase)/ decrease in inventories (7,622.60) (8,435.04) (Increase)/ decrease in non-current and current financial assets 932.12 63187 (Increase)/ decrease in other current and non current asset (381.85) (442.71) Increase/ (decrease) in trade payables 1,576 72 4,382.54 Increase/ (decrease) in financial liablities (others) 139.21 (I 79.23) Increase/ (decrease) in non-current provisions and current provisions 192.19 442.66 lncrease/(decrease) in other current liabilities and non-current liabilities 5104 1,968.72 Cash generated from/ ( [Showing first 8,000 characters — download PDF for full document]