Analysts/Institutional Investor Meet/Con. Call Updates

November 02, 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: Transcript of Earnings Call held for the quarter ended September 30, 2026 Symbol: PANACHE Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the transcript of the Company’s Earnings Call held on October 27, 2026, regarding discussion on financial results of the Company for the quarter and half year ended September 30, 2026 is enclosed herewith. This intimation is also being made available on the Company’s website at www.panachedigilife.com. Request you to take the aforesaid information on record. Thanking you. Yours faithfully, For Panache Digilife Limited Harshil Chheda Company Secretary, Compliance Officer & Head - Legal “Panache Digilife Limited Q2 FY '27 Earnings Conference Call” October 27, 2026 MANAGEMENT: MR. AMIT RAMBHIA – MANAGING DIRECTOR, PANACHE DIGILIFE LIMITED MR. NITESH SAVLA – CFO & WHOLE-TIME DIRECTOR, PANACHE DIGILIFE LIMITED MRS. NEHA MADIAR – GM- R&D, PANACHE DIGILIFE LIMITED MR. SANJEEV SANCHETI – HEAD, UIRTUS ADVISORS, IR ADVISOR, PANACHE DIGILIFE LIMITED MODERATOR: MS. KHUSHI – ARIHANT CAPITAL MARKETS LIMITED Page 1 of 18 Panache Digilife Limited October 27, 2026 Moderator: Ladies and gentlemen, good day and welcome to Panache Digilife Limited Q2 FY '27 Earnings Conference Call, hosted by Arihant Capital Markets Limited. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing “*” then “0” on your touchtone phone. Please note this conference is being recorded. I now hand the conference over to Ms. Khushi. Thank you, and over to you, ma'am. Khushi: Thank you. Good morning, everyone. On behalf of Arihant Capital, I welcome everyone to the Panache Digilife Limited Quarter 2 FY '27 Earnings Call. We have pleasure of having with us the Senior Management Team of Panache Digilife, led by the Managing Director – Mr. Amit Rambhia; CFO and Whole-Time Director – Mr. Nitesh Savla; and GM-R&D, Mrs. Neha Madiar. We also have with us the Head of Uirtus Advisors, IR Advisor to Panache Digilife, Mr. Sanjeev Sancheti. Without further delay, I would like to hand over the call to Mr. Sanjeev Sancheti. Over to you, sir. Sanjeev Sancheti: Thank you, Khushi. Welcome to the participants. Before I hand over the call to Mr. Amit Rambhia for his opening remarks, I would like to draw your attention to the safe harbor statement included in the earnings presentation. I request all the participants to kindly review the same and have a good look at it prior to commencing this call. Over to you, sir. Amit Rambhia: Good morning, everyone, and thank you for joining us. As this is our first earnings call, I would like to begin with a brief introduction to Panache DigiLife, our journey so far and how we have evolved over the years. I will then take you through our performance for the quarter. So, Panache DigiLife, began in the year of 2000 as Vardhaman Computers and subsequently transitioned to Vardhaman Technology Private Limited in March 2007. We started as a desktop manufacturing company, addressing India's growing demand for computing technologies. Over the years, we have evolved into a design-led technology solutions and ESDM company with capability spanning product design, engineering, systems integration, manufacturing and lifecycle management. Our early portfolio includes desktop PCs, thin clients, mini PCs and embedded computing solutions. These products helped us build a strong engineering foundation and develop expertise in compact and specialized computing. In 2015, we introduced the Panache Air PC, an ultra-compact computing device weighing just 44 grams. It was an example of our ability to innovate and rethink traditional computing through new and compact form factors. Page 2 of 18 Panache Digilife Limited October 27, 2026 As our capabilities grew, we expanded into all-in-one computers, point-of-sale systems, digital signage, education technologies and specialized computing solutions. This enabled us to serve a wide range of customers across commercial, industrial and institutional markets. An important milestone in our journey came in 2017 when we listed on NSE Emerge platform. And in 2020, we migrated to the NSE Mainboard, marking another significant step in our corporate evolution. We continue to strengthen our manufacturing capabilities, established a facility spanning over 50,000 square feet in Bhiwandi, Maharashtra and today, Panache has evolved from a computer hardware manufacturing into a diversified technology design and manufacturing company. Our portfolio now spans across smart and secure computing devices, Edtech solutions, audio- visual and display solutions, digital surveillance and telecom solutions. Our industrial computing and specialized computing for various applications such as medical devices are evolving into many more sectors now. We also offer OEM and ODM design and contract manufacturing services. Looking ahead, we are expanding into next-generation computing, including AI PCs, AI laptops, AI mini PCs and AI servers. These solutions position us to address emerging opportunities across education, banking, financial services, industrial automation and enterprise computing. As we look back at our journey, our focus has remained consistent, building engineering capabilities, expanding our product portfolio, strengthening manufacturing and moving towards higher-value technology solutions. Our performance and growth: So, with this foundation in place, I would say, let us now take you through our performance area. So, in financial year 2025-26, Panache reported consolidated revenue of approximately INR 243 CR compared with INR 116 CR in Financial Year 2024-25, representing growth of over 100% year-on-year. This is an important milestone in our journey and reflects the progress we have made in scaling our business. Today, we serve customers across multiple industries and international markets, supported by a strong network of technology partners. Our experience in electronic design, computing and manufacturing provides a solid foundation for our next phase of growth. Going forward, our focus is on expanding our design and manufacturing capabilities, strengthening our presence across key markets and developing higher-value technology solutions, including next-generation AI computing. Page 3 of 18 Panache Digilife Limited October 27, 2026 Our journey is one of continuous evolution: from computer hardware to integrated technology solutions and from product manufacturing to design-led innovations. We believe these capabilities will play an important role in shaping Panache's next phase of growth. With that, now I would like to hand over to our GM-R&D, Mrs. Neha Madiar, who will take you through R&D and the products. Neha Madiar: Good morning, everyone, and thank you, Mr. Amit. What differentiates Panache is our ability to bring together R&D, product engineering and manufacturing under one roof. This has enabled us to evolve from a computing hardware company into a design-led technology solutions and electronics manufacturing partner. Our vision is simple, making human life easy. We follow the ABCD of technology, where: • A stands for Artificial Intelligence • B stands for Big Data and Analytics • C stands for Cloud and Connectivity • D is for Devices we manufacture. These four pillars guide us to developing technology solutions that address real-world needs. Our engineering capabilities allow us to work with customers from the very beginning of product development. We support the entire journey from understanding customer requirements and product design to prot [Showing first 8,000 characters — download PDF for full document]