PFA

Date: May 30, 2026 To, To, The National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Plot no. C/1, G Block, Floor 25, P. J. Towers Bandra-Kurla Complex Dalal Street, Bandra (E), Mumbai-400051 Mumbai - 400 001 Scrip Symbol: PIGL Scrip Code: 543912 Subject : Financial Results for the quarter and year ended on 31st March, 2026 of Power & Instrumentation (Gujarat) Limited (“the Company”) Dear Sir/ Madam, This is to inform you under Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that a meeting of the Board of Directors of the Company was held on Saturday, May 30, 2026 and the said meeting commenced at 06:00 p.m. and concluded at 9:00 p.m. In their meeting the Board has consider and approve the following matters: 1. Approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026, duly reviewed and recommended by the Audit Committee; and the same will also be available on the Company’s website, https://grouppower.org/financial-results. Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby enclose the following at Annexure – A. i. Audited Standalone and Consolidated Financial Results for the Quarter and Year ended on March 31, 2026 ii. Auditor’s Report with unmodified opinion on the aforesaid Audited Standalone and Consolidated Financial Results. Further, we would like to inform/declare that M/s. MAAK & Associates (FRN: 135024W), Statutory Auditors have issued audit reports with unmodified opinion on the Standalone Audited Financial Results for the quarter and financial year ended March 31, 2026. Further to inform that M/s. MAAK & Associates (FRN : 135024W), Statutory Auditors have issued Statement of Impact Qualification on the Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2026 as per Annexure to the Auditors Report. Please take this on your record. Yours faithfully, For, POWER AND INSTRUMENTATION (GUJARAT) LIMITED PADMARAJ PADMNABHAN PILLAI MANAGING DIRECTOR DIN: 00647590 Power and Instrumentation (Gujarat) Limited CIN: L32201GJ1983PLC006456 Address: B-1104, Sankalp Iconic Tower, Opp.Vikaramnagar,Iscon Temple Cross Road, S.G. Highway, Ahmedabad-380058, Gujarat,India Standalone Financial Result for the period ended on 31-03-2026 ` in Lakhs Quarter Ended Period ended Year Ended Sr No Particulars 31-03-2026 31-12-2025 31-03-2025 31-03-2026 31 March 2025 Audited Un Audited Audited Audited Audited I Income Revenue From Operations 4,627.34 4,459.73 5,508.56 20,004.16 16,884.31 Other Income 39.98 21.88 30.18 150.05 2 43.33 Total Income (I) 4,667.32 4,481.61 5,538.74 20,154.21 17,127.64 II Expenses Purchases of Stock-in-Trade 4,899.07 3,972.39 4,999.05 18,825.90 14,802.78 Changes in inventories of finished goods, Stock-in -Trade and work-in- -1,097.49 -291.25 -230.00 -1,804.76 -700.23 Employee benefits expense 133.62 104.76 111.77 447.71 3 92.22 Finance costs 1 43.51 117.31 94.84 406.43 3 38.24 Depreciation and amortization expense 17.15 9.22 6.97 39.98 25.11 Other expenses 2 03.64 170.34 115.41 516.41 6 74.20 Total expenses (II) 4,299.50 4,082.77 5,098.04 18,431.67 15,532.32 III Profit/(loss) before exceptional items and tax (I-II) 367.82 398.84 440.70 1,722.54 1,595.32 IV Exceptional Items 0.14 4.43 - 4 .57 - V Profit/(loss) before tax (III-IV) 367.68 394.41 440.70 1,717.97 1,595.32 VI Tax expense Current tax 22.80 78.64 162.43 329.70 4 40.69 Deferred tax -1.33 - 12.70 - 32.91 3 .20 - 20.59 Prior period tax 39.59 0.55 - 40.14 - Total Tax expense (VI) 61.06 66.49 129.52 373.04 4 20.10 VII Profit/(loss) after tax for the period (V-VI) 306.62 327.92 311.18 1,344.93 1,175.22 VIII Other Comprehensive Income Items that will not be reclassified to profit or loss 6.04 - - 20.25 6 .04 - 20.25 Total Other Comprehensive Income (VIII) 6.04 - - 20.25 6 .04 - 20.25 IX Total Comprehensive Income for the period (VII+VIII) 3 12.66 3 27.92 2 90.93 1,350.97 1,154.97 X Earnings per equity share Basic 1.32 1.83 1.66 7 .71 6.61 Diluted 1.32 1.70 1.96 7 .71 7.80 Power and Instrumentation (Gujarat) Limited CIN: L32201GJ1983PLC006456 Registered office: B-1104, Sankalp Iconic Tower, Opp.Vikaramnagar,Iscon Temple Cross Road, S.G. Highway, Standalone Balance Sheet as at 31-03-2026 ` in Lakhs As at As at Particulars Note No 31 March 2026 31 March 2025 ASSETS Non-current assets Property, Plant and Equipment 3 131.39 49.49 Right of Use Assets 4 48.05 16.37 Capital work in progress 5 - 58.25 Intangible assets under development 6 - - Financial Assets Investments 7 1,280.10 25.95 Loans 8 24.46 33.17 Other financial assets 9 5,687.40 3,060.52 Deferred tax assets, net 10 39.91 43.10 Other non current assets 11 - - Total Non-current Assets 7,211.31 3,286.85 Current assets Inventories 12 6,585.25 4,780.49 Financial Assets Investments 13 - - Trade receivables 14 3,784.43 6,210.35 Cash and cash equivalents 15 353.24 34.70 Bank balances 16 1.39 - Loans 17 54.50 - Other financial assets 18 596.52 344.80 Other current assets 19 3,314.63 2,685.54 Total Current Assets 14,689.96 14,055.88 Total Assets 21,901.27 17,342.73 EQUITY and LIABILITIES Equity Share Capital 20 2,116.89 1,748.29 Other Equity 21 12,566.37 9,304.30 Total Equity 14,683.26 11,052.59 Non-current liabilities Financial Liabilities Borrowings 22 522.72 428.56 Lease liabilities 41.99 21.17 Provisions 23 31.83 31.71 Deferred tax liabilities net 24 - - Total Non-current liabilities 596.54 481.44 Current liabilities Financial Liabilities Borrowings 25 1,812.80 1,379.94 Lease liabilities 26 16.85 7.13 Trade Payables 27 - total outstanding dues of micro enterprises and small enterprises 799.61 747.48 - total outstanding dues of others 2,426.27 2,300.04 Other financial liabilities 28 39.20 53.48 Other current liabilities 29 1,170.26 892.68 Provisions - current 30 26.78 37.40 Current Tax Liabilities, net 31 329.70 390.55 Total Current liabilities 6,621.47 5,808.70 Total liabilities 7,218.01 6,290.14 Total Equity and Liabilities 21,901.27 17,342.73 Power and Instrumentation (Gujarat) Limited CIN: L32201GJ1983PLC006456 Registered office: B-1104, Sankalp Iconic Tower, Opp.Vikaramnagar,Iscon Temple Cross Road, S.G. Highway, Ahmedabad-380058, Standalone Cash Flow Statement for the period ended on 31-03-2026 ` in Lakhs Note For Period ended For Period ended Particulars No 31 March 2026 31 March 2025 CASH FLOWS FROM OPERATING ACTIVITIES Profit for the year 1,717.97 1 ,595.42 Adjustments for: Depreciation and amortisation 3 9.98 19.26 (Gain)/Loss on disposal of property, plant and equipment - -0.33 (Gain)/Loss on disposal of Investments - - (Gain)/Loss on investments measured at fair value through profit and loss - - IND AS Adjustments - -43.78 Bad debts, provision for trade receivables and advances, net -58.87 1.76 Finance Cost 406.43 - Interest Income -2.62 -63.08 Prior Period Depreciation - 5.12 Operating profit before working capital changes 2,102.89 1 ,514.37 Adjustment for (increase) / decrease in operating assets 2,873.46 -5,474.70 Adjustment for (Increase) / decrease in operating liabilities 437.21 45.31 Cash generated from operations -333.36 -3,915.02 Income tax paid (net) -430.69 -73.97 Net cash generated by operating activities -764.05 -3,988.99 CASH FLOWS FROM INVESTING ACTIVITIES Bank deposits placed -1.39 - Sale of property, plant and equipment 2.68 Purchase of property, plant and equipment -57.16 -31.26 Sale of other Investment - 2 ,777.78 Purchase of other Investment - 1,254.15 -2,885.83 Purchase of Deposits - -1,110.36 Interest received 2.62 63.08 Net cash (used in) / generated by investing activities - 1,310.08 -1,183.91 CASH FLOWS FROM FINANCING ACTIVITIES Repayment of lease liabilities -7.61 - Net proceeds from borrowings 527.01 376.90 Finance cost -406.43 -12.90 Dividend paid (including tax on dividend) -35.55 -25.27 Issue of Equity Shares 368.60 484.90 Proceeds from issue of Share warrant - 771.79 Securit [Showing first 8,000 characters — download PDF for full document]