Press Release

Date: November 2, 2026 To, To, National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 NSE Scrip Symbol: KANOHAR BSE Scrip Code: 544911 Sub: Intimation of Press Release – Q2 and H1/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 Q2 and H1/FY2027 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. FOR KANOHAR ELECTRICALS LIMITED Neha Company Secretary & Compliance Officer Membership No.: A29167 Kanohar Electricals Limited PRESS RELEASE Kanohar Electricals Reports Q2 & H1FY27 Results: Q2 Revenue grows to ₹208.6 Cr; PAT up 180% to ₹53.9Cr Meerut, India — November 2nd, 2026: Kanohar Electricals Limited, one of the leading domestic players in transformer manufacturing, announced its unaudited standalone financial results for the quarter ended September 30, 2026. FINANCIAL PERFORMANCE — Q2 & H1FY27 Particulars (₹ Cr) Q2FY27 Q2FY26 YoY % H1FY27 H1FY26 YoY% Revenue from Operations 208.6 98.2 112.4% 345.7 165.6 108.8% Gross Profit 95.4 42.3 125.4% 152.9 71.5 114.0% EBITDA 73.1 27.4 167.2% 111.8 42.7 161.7% EBITDA Margin 35.0% 27.8% 32.3% 25.8% Profit Before Tax 72.3 25.9 178.7% 109.1 41.6 162.0% Profit After Tax 53.9 19.3 179.7% 81.2 30.7 164.8% PAT Margin 25.8% 19.6% 23.5% 18.5% Figures are rounded off wherever applicable H1FY27 REVENUE MIX Overall Revenue Mix Overall Revenue Mix Transformers EPC H1 FY27 87.8% 12.2% H1 FY26 75.9% 24.1% Transformers Business Mix Power Distribution Scott Traction Shunt Transformers Business Mix Transformers Transformers Transformers Transformers Reactors H1 FY27 56.0% 1.2% 8.8% 0.0% 21.7% H1 FY26 62.2% 0.1% 9.7% 3.8% 0.0% Transformers Voltage Mix 220 kV and 132 kV and Transformers Voltage Mix 400 kV <132 kV <400 kV <220 kV H1 FY27 55.9% 21.8% 8.7% 1.2% H1 FY26 48.7% 4.6% 13.1% 9.5% www.kanohar.com Page 1 of 3 Kanohar Electricals Limited MANAGEMENT COMMENTARY – ABHISHEK SINGHAL, WHOLE TIME DIRECTOR “The first half of FY27 reflects the same momentum as in FY26 and Q1FY27, and we remain grateful to all our stakeholders for their continued confidence. For Q2FY27 basis, revenues grew by 112% to Rs. 208.6 Crs, while EBITDA margin came in at 35.0% and PAT margins stood at 25.8%. For H1FY27 basis revenue grew to 109% to 345.7 Crs, EBITDA margins stood at 32.3% with PAT margins stood at 23.5%. Our growth came from higher volumes and a broader mix. Power transformers grew 88% in H1FY27 while share of Shunt reactors, used for renewable grid integration, grew to about 22% of revenue, from a negligible share last year. By voltage, products of 220 kV and 400kV made up nearly 78% of revenue in H1FY27, compared with about 53% in H1FY26, thereby improving the margin profile. During the quarter, we secured fresh orders worth ~Rs. 867.3 Cr, taking our outstanding order book to Rs. 2,711.2 Cr as of 30th Sep 2026, executable over the next 24–30 months, giving us healthy revenue visibility. The brownfield expansion at our Gangol unit is on track, with commissioning expected by FY29. Together with our sustainability initiatives, this capex will support the next leg of profitable growth. With strong entry barriers in the industry, an established track record and a steady pipeline, we are well placed for sustained growth. Backed by our H1 performance, we expect to achieve our FY27 guidance of revenues of ~Rs. 950 Cr with an EBITDA margin profile similar to 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. SAFE HARBOR STATEMENT www.kanohar.com Page 2 of 3 Kanohar Electricals Limited 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