Power & Instrumentation (Gujarat) Limited

73%

abilities and the strategic clarity that guides our operations. Our revenue surged by an impressive 73% year- on-year, while net profit grew by a robust 99%, underscoring the effectiveness of our growth

99%

perations. Our revenue surged by an impressive 73% year- on-year, while net profit grew by a robust 99%, underscoring the effectiveness of our growth strategy and the resilience of our business model.

₹46.18

o prestigious orders from Nyati Engineering & Construction Private Limited, collectively valued at ₹46.18 Cr. These projects involve the complete design, supply, installation, testing, commissioning, and h

12.19%

e Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 In ₹ Cr 36.92 0.69 37.61 31.77 0.93 0.33 33.03 4.59 12.19% 1.14 0.05 3.39 0.72 2.67 2.68 7.12% 2.15 55.09 0.30 55.39 47.69 1.11 1.16 49.95 5.4

7.12%

Cr 36.92 0.69 37.61 31.77 0.93 0.33 33.03 4.59 12.19% 1.14 0.05 3.39 0.72 2.67 2.68 7.12% 2.15 55.09 0.30 55.39 47.69 1.11 1.16 49.95 5.43 9.81% 0.96 0.07 4.41 1.30 3.11 2.8

9.81%

.14 0.05 3.39 0.72 2.67 2.68 7.12% 2.15 55.09 0.30 55.39 47.69 1.11 1.16 49.95 5.43 9.81% 0.96 0.07 4.41 1.30 3.11 2.81 5.08% 1.76 36.92 0.69 37.61 31.77 0.93 0.33 33.03 4.5

5.08%

.15 55.09 0.30 55.39 47.69 1.11 1.16 49.95 5.43 9.81% 0.96 0.07 4.41 1.30 3.11 2.81 5.08% 1.76 36.92 0.69 37.61 31.77 0.93 0.33 33.03 4.59 12.19% 1.14 0.05 3.39 0.72 2.67 2.

7.11%

76 36.92 0.69 37.61 31.77 0.93 0.33 33.03 4.59 12.19% 1.14 0.05 3.39 0.72 2.67 2.71 7.11% 2.14 55.09 0.30 55.39 47.69 1.11 1.16 49.95 5.43 9.81% 0.96 0.07 4.41 1.30 3.11 2.9

5.62%

.14 55.09 0.30 55.39 47.69 1.11 1.16 49.95 5.43 9.81% 0.96 0.07 4.41 1.30 3.11 2.91 5.62% 1.96 6 Q4 FY25 Operational Highlight New Work Order Worth ₹17.07 Cr Solar Power Project in Maha

₹17.07

0.07 4.41 1.30 3.11 2.91 5.62% 1.96 6 Q4 FY25 Operational Highlight New Work Order Worth ₹17.07 Cr Solar Power Project in Maharashtra Client A2 Green Energy Private Limited (formerly Hydel Cons

5 MW

Value ₹17.07 Cr Scope Supply, Installation, Testing & Commissioning of Plant & Equipment for a 5 MW (AC) Solar Power Project in Latur District, Maharashtra Duration 18 months from commencement

rs,

nagement systems. Serving a diverse clientele across industrial, commercial and governmental sectors, Power & Instrumentation (Gujarat) Ltd. is known for its meticulous project execution and on-time de

“2024 • Secured ₹17.07 Cr order from A2 Green Energy for a 5 MW (AC) Solar Power Project • Entered the 400 kV Extra High Voltage segment.”

“21 Key Project Wins – Udaipur Air Terminal, Rajasthan Power & Instrumentation (Gujarat) Ltd.”

“for the Udaipur Air Terminal, Rajasthan, totalling ₹46.18 Cr Project Udaipur Air Terminal – Electrical Works Combined Contract Value ₹46.18 Contract Execution Timeline 6 months Scope Design, supply, installation, testing, commissioning, and final handover of comprehensive power supply infrastructure.”

“22 Landmark EHV Project – PIGL’s Entry Into 400 kV Segment Godrej & Boyce Mfg Co.”

“GW – GigaWatt, MW – MegaWatt Source: IBEF FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25* *Until January 31, 2025 25 Transforming India's Power Sector: RDSS & NSGM Initiatives Revamped Distribution Sector Scheme (RDSS) o The Government of India has introduced the Revamped Distribution Sector Scheme (RDSS) as part of its efforts to significantly reduce Aggregate Technical & Commercial (AT&C) losses across the country.”

“In India, renewable energy capacity has witnessed robust growth, recording a compound annual growth rate (CAGR) of 15.29% between FY2016 and FY2025 (as of January 2025).”

“India has set an ambitious target of reaching 450 GW of installed renewable energy capacity by 2030, of which 280 GW (over 60%) is expected to be generated from solar energy.”

“Achieving this target is projected to unlock investment opportunities worth US$ 221 billion by 2030, presenting significant potential for both domestic and international investors.”

“In alignment with the Prime Minister’s announcement at COP26, the Ministry of New and Renewable Energy (MNRE) has also set a broader target of 500 GW of non-fossil-based electricity capacity by 2030.”

“This target is being actively pursued, as demonstrated by the addition of 13.5 GW of renewable energy capacity in 2023, supported by an estimated investment of approximately Rs.”

Limited Entity

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Some of the notable projects are

1

Order Value

1

Project Site

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Strong Revenue Growth Forecast

1

Diversification into Renewable Energy

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Acquisition

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Limited Entity

Power & Instrumentation (Gujarat) Limited 2009 Secured a significant Contract, for the development of a Substation at Sardar Vallabhbhai International Airport, Ahmedabad, Adani Group. 2024 • Secured ₹17.07 Cr order from A2 Green Energy for a 5 MW (AC) Solar Power Project • Entered the 400 kV Extra High Voltage segment. • Completed 50 years of incorporation. • Received ₹46.18 Cr worth of orders from Nyati Engineering for electrical works at Udaipur Air Terminal, Rajasthan. 2025 2021 100+ Staffs 300+ Projects Over ₹1500+ Cr in past 4 Decades Received single order value of ₹ 120 Cr under RDSS Scheme from AVVNL & migrated to main board of NSE & BSE 2023 Listed in National Stock Exchange (NSE) Emerge Platform 2018 Received single order of 50 Cr + (Ajmer Vidyut Vitran Nigam Ltd.) 2014 Successfully commissioned Single Order of 20 Cr for Airport Authority of India 12 Business Overview 13 A Strong Industry Presence SERVICE AREAS Semi Govt. & Public Sector Undertaking Central Govt. Organizations

Some of the notable projects are

Projects Locations Nyati Engineering & Construction Private Limited Udaipur, Rajasthan Substation Development Project at Sardar Vallabhbhai International Airport, Ahmedabad Construction of new International Terminal Building at Ahmedabad Airport Substation Equipment's Ahmedabad Ahmedabad Aurangabad Geographical Footprint of PIGL's Airport Projects Srinagar Jammu Amritsar Udaipur Varanasi Ahmedabad Bhopal Guwahati Imphal SITC of Substation Equipment & DG Sets at Biju Patnaik airport, Bhuvneshwar Bhubaneshwar Mumbai Surat Aurangabad Bhubaneshwar SITC of Substation Equipment & DG Sets at Tirupati Airport Tirupati Expansion & Modification of Terminal Building at CA Jammu Construction of New ATC Tower and Technical Block at LBSI Airport Varanasi. SH: Provisioning of Substation Equipment & D.G. Sets etc. Jammu Varanasi Tirupati Goa Calicut Trivandrum 18 Order Book Current Contracts & Progress Work on hand as on date Value of contracts Cost of Work Executed Remaining Value of Work as on date

Project Site

400 kV GIS PSS-2, GIPCL Khavda, Gujarat Scope of Work Strategic Significance Erection of 350 MVA Power Transformers Oil Filtration & Sample Testing Pre-erection Testing Capability Expansion Demonstrates technical prowess in handling large-scale, complex power infrastructure projects First EHV Contract Marks PIGL's debut in the Extra High Voltage (400 kV) segment, up from prior 66 kV scope Market Opportunity Opens access to EHV tenders and high-margin contracts within India’s growing power sector 23 Industry Overview 24 Overview Of India's Power Landscape India is the third-largest producer and consumer of electricity worldwide, with an installed power capacity of 466.24 GW as of January 31, 2025.. India's total installed power generation capacity has increased by approximately 80% over the last decade, reaching 4,46,190 MW (4.46 GW) in June 2024. The installed capacity, which stood at 2,48,554 MW in March 2014, has reached 4,46,190 MW Additionally, the installed capacity in the renewab

Strong Revenue Growth Forecast

By 2025, PIGL aims to qualify for larger orders valued at ₹300-350 Cr, enhancing its market opportunities and revenue potential. The company is scaling up operations to strengthen its market position, with plans to sustain growth through operational excellence. PIGL anticipates a 50% year-on-year revenue growth, driven by market expansion and improved execution.

Diversification into Renewable Energy

The company its execution is enhancing capacity now to enable future operational expansion. PIGL is entering the solar EPC and BESS markets, tapping into the growing demand for renewable and storage solutions. Market Strengthening through

Acquisition

The acquisition of Peaton Electrical expands PIGL's capabilities in manufacturing of electrical panels and compact substations, boosting its market presence. 42 Power & Instrumentation (Gujarat) Limited B-1104, Sankalp Iconic, Opp. Vikram Nagar, Iscon Temple Cross Road, S. G. Highway, Ahmedabad – 380054 E-mail: admin@grouppower.org Phone: +91-79-40031612 Website: power-instrumentation.grouppower.org/ power-instrumentation.grouppower.org/ admin@grouppower.org Kirin Advisors Private Limited 713-B, Lodha Supremus II, Wagle Estate, Thane West – 400 604 E-mail: info@kirinadvisors.com Phone: 022 4100 2455 Website: www.kirinadvisors.com www.kirinadvisors.com info@kirinadvisors.com Thank You 43