Power & Instrumentation (Gujarat) Limited

40.18%

or We are pleased to report a strong start to FY26, with our net profit growing by an impressive 40.18% year-on-year, reflecting the continued strength of our execution capabilities and resilient busine

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r sustainable, high-quality solutions while continuing to create long-term value for all stakeholders. 4 Q1 FY26 Consolidated Financials Highlights Total Revenue 41.55 26.00 EBITDA Net Profit 4.28 3

14.04%

0 0.25 41.55 34.92 1.07 1.28 37.27 4.28 25.47 0.53 26.00 19.17 0.79 2.38 22.35 3.65 14.04% 10.31% 14.04% 1.09 0.06 2.50 0.63 1.87 1.87 7.18% 3.70 0.73 0.05 3.50 0.91 2.58 2.6

10.31%

41.55 34.92 1.07 1.28 37.27 4.28 25.47 0.53 26.00 19.17 0.79 2.38 22.35 3.65 14.04% 10.31% 14.04% 1.09 0.06 2.50 0.63 1.87 1.87 7.18% 3.70 0.73 0.05 3.50 0.91 2.58 2.62 6.30%

7.18%

26.00 19.17 0.79 2.38 22.35 3.65 14.04% 10.31% 14.04% 1.09 0.06 2.50 0.63 1.87 1.87 7.18% 3.70 0.73 0.05 3.50 0.91 2.58 2.62 6.30% 1.50 1.09 0.06 2.50 0.63 1.87 1.87 7.19%

6.30%

0.31% 14.04% 1.09 0.06 2.50 0.63 1.87 1.87 7.18% 3.70 0.73 0.05 3.50 0.91 2.58 2.62 6.30% 1.50 1.09 0.06 2.50 0.63 1.87 1.87 7.19% 1.48 41.30 0.25 41.55 34.92 1.07 1.28 37.2

7.19%

7.18% 3.70 0.73 0.05 3.50 0.91 2.58 2.62 6.30% 1.50 1.09 0.06 2.50 0.63 1.87 1.87 7.19% 1.48 41.30 0.25 41.55 34.92 1.07 1.28 37.27 4.28 10.31% 0.73 0.05 3.50 0.91 2.58 2.

6.21%

48 41.30 0.25 41.55 34.92 1.07 1.28 37.27 4.28 10.31% 0.73 0.05 3.50 0.91 2.58 2.58 6.21% 1.48 6 Mr. Kasivishwanath Appointed as President of Operations Mr. Kasivishwanath President of

₹1,000

business development. His professional journey includes successfully handling projects exceeding ₹1,000 Cr, securing major contracts with entities such as Power Grid Corporation of India, Jharkhand Bijl

₹57.89

Ltd. has secured Five significant EPC contracts for the Udaipur Air Terminal, Rajasthan, totalling ₹57.89 Cr Project Udaipur Air Terminal – Electrical Works Combined Contract Value ₹57.89 Cr Contract

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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

₹ 445

ew ages. 11 Key Facts & Figures 50+ 310+ Years Of Experience Successfully Delivered Projects ₹ 445+ Cr Ongoing Works (As on 12th August, 2025) 8 Offices Across Pan India 100+ Clients The only

“2024 Listed in National Stock Exchange (NSE) Emerge Platform 2018 • 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.”

“GW – GigaWatt, MW – MegaWatt Source: IBEF FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25* *Until January 31, 2025 23 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.”

“to GDP Indian airport operators are projected to see an 18- 20% YoY growth in FY26, driven by sustained improvements in passenger traffic, tariff hikes, and revenues, according to ratings agency ICRA.”

“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.”

“03 Strengthening Execution and Operational Expansion PIGL is enhancing its execution capabilities to support scalable growth, focusing on operational efficiency and project delivery.”

“05 Investment in R&D for Future Products PIGL is investing in R&D to launch new products by FY25-26, ensuring it remains at the forefront of innovation in the energy sector.”

Limited Entity

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Some of the notable projects are

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Strong Revenue Growth Forecast

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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 Listed in National Stock Exchange (NSE) Emerge Platform 2018 • 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 ₹57.89 Cr worth of orders from Nyati Engineers and Consultants Private Limited for electrical works at Udaipur Air Terminal, Rajasthan. • Received ₹70 Cr order From Ajmer Vidyut Vitran Nigam Limited 2025 2021 100+ Staffs 300+ Projects Over ₹1500+ Cr in past 4 Decades Received single order of 50 Cr + (Ajmer Vidyut Vitran Nigam Ltd.) 2014 Received single order value of ₹ 120 Cr under RDSS Scheme from AVVNL & company migrated to main board of NSE & BSE 2023 Successfully commissioned Single Order of 20 Cr for Airport Authority of India 13 Business Overview 14 A Stro

Some of the notable projects are

Projects Locations Nyati Engineers and Consultants 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 19 Strategic Moves & Growth Initiatives Peaton Electricals Company Limited (PECL) Secured a prestigious Siemens license to manufacture, assemble

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. 41 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 42