PIGLNSEQ2 FY26November 15, 2025

Power & Instrumentation (Gujarat) Limited

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Key numbers — 40 extracted
₹ 520
new ages. 2 Key Facts & Figures 50+ 310+ Years Of Experience Successfully Delivered Projects ₹ 520+ Cr Ongoing Works (As on 14th November, 2025 & Average Completion timeline is 12-15 months) 8
₹ 200
ompany to have successfully completed more than 35 airport projects 100+ Staffs Across India ₹ 200+ Cr Bided Tender Q2 FY26 (Consol) ₹ 70.91 Cr ₹ 7.24 Cr Total Income EBITDA ₹ 4.71 Cr Net P
₹ 70.91
than 35 airport projects 100+ Staffs Across India ₹ 200+ Cr Bided Tender Q2 FY26 (Consol) ₹ 70.91 Cr ₹ 7.24 Cr Total Income EBITDA ₹ 4.71 Cr Net Profit 3 Q2 FY26 Consolidated Financials Highl
₹ 7.24
rport projects 100+ Staffs Across India ₹ 200+ Cr Bided Tender Q2 FY26 (Consol) ₹ 70.91 Cr ₹ 7.24 Cr Total Income EBITDA ₹ 4.71 Cr Net Profit 3 Q2 FY26 Consolidated Financials Highlights Tota
₹ 4.71
ss India ₹ 200+ Cr Bided Tender Q2 FY26 (Consol) ₹ 70.91 Cr ₹ 7.24 Cr Total Income EBITDA ₹ 4.71 Cr Net Profit 3 Q2 FY26 Consolidated Financials Highlights Total Revenue 70.91 55.75 EBITDA
10.84%
3 0.82 55.75 46.72 0.95 2.04 49.70 6.04 67.87 0.63 68.50 60.46 1.03 0.14 61.63 6.87 10.84% 10.21% 10.84% 10.03% 0.78 0.06 5.20 1.31 3.89 3.89 6.98% 2.69 0.80 0.11 6.34 1.60 4
10.21%
55.75 46.72 0.95 2.04 49.70 6.04 67.87 0.63 68.50 60.46 1.03 0.14 61.63 6.87 10.84% 10.21% 10.84% 10.03% 0.78 0.06 5.20 1.31 3.89 3.89 6.98% 2.69 0.80 0.11 6.34 1.60 4.74 4.7
10.03%
.95 2.04 49.70 6.04 67.87 0.63 68.50 60.46 1.03 0.14 61.63 6.87 10.84% 10.21% 10.84% 10.03% 0.78 0.06 5.20 1.31 3.89 3.89 6.98% 2.69 0.80 0.11 6.34 1.60 4.74 4.71 6.65% 2.66
6.98%
60.46 1.03 0.14 61.63 6.87 10.84% 10.21% 10.84% 10.03% 0.78 0.06 5.20 1.31 3.89 3.89 6.98% 2.69 0.80 0.11 6.34 1.60 4.74 4.71 6.65% 2.66 0.78 0.06 5.20 1.31 3.89 3.89 6.98%
6.65%
0.84% 10.03% 0.78 0.06 5.20 1.31 3.89 3.89 6.98% 2.69 0.80 0.11 6.34 1.60 4.74 4.71 6.65% 2.66 0.78 0.06 5.20 1.31 3.89 3.89 6.98% 2.69 0.72 0.08 6.06 1.54 4.52 4.52 6.60%
6.60%
6.65% 2.66 0.78 0.06 5.20 1.31 3.89 3.89 6.98% 2.69 0.72 0.08 6.06 1.54 4.52 4.52 6.60% 2.55 5 H1 FY26 Consolidated Financials Highlights Total Revenue 112.46 81.75 Net Profit 7.3
11.86%
e H1 FY25 H1 FY26 H1 FY25 H1 FY26 In ₹ Cr 80.39 1.36 81.75 65.89 1.74 4.42 72.05 9.70 11.86% 1.87 0.12 7.70 1.94 5.76 5.76 7.05% 3.99 111.58 0.89 112.46 97.27 2.19 1.48 100.94
Guidance — 8 items
Limited Entity
opening
• Received ₹173.33 Cr order From Ajmer Vidyut Vitran Nigam Limited • Received order worth ₹ 21.39 Cr from ATS Techno Limited for factory shed project at Ahmedabad • Acquired 35.82% stake in PECL, making it a subsidiary with 51.06% holding.
Limited Entity
opening
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.
Limited Entity
opening
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).
Limited Entity
opening
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.
Limited Entity
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Achieving this target is projected to unlock investment opportunities worth US$ 221 billion by 2030, presenting significant potential for both domestic and international investors.
Limited Entity
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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.
Limited Entity
opening
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.
Acquisition
opening
No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.
Speaking time
Limited Entity
1
Strong Revenue Growth Forecast
1
Diversification into Renewable Energy
1
Acquisition
1
Opening remarks
Limited Entity
Power & Instrumentation (Gujarat) Limited 2009 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 Secured a significant Contract, for the development of a Substation at Sardar Vallabhbhai International Airport, Ahmedabad, Adani Group. 2024 2021 100+ Staffs 300+ Projects Over ₹1500+ Cr in past 4 Decades • 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 ₹173.33 Cr order From Ajmer Vidyut Vitran Nigam Limited • Received order worth ₹ 21.39 Cr from ATS Techno Limited for factory shed project at Ahmedabad • Acquired 35.82% stake in PECL, making it a subsidiary with 51.06% holding. 2025 Received single order value of ₹ 120 Cr under RDSS Schem
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. 30 Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Power & Instrumentation (Gujarat) Limited (PIGL, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, comple
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