Interim report
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October 27, 2026 Sub: Outcome of Meeting of Board of Directors of PG Electroplast Limited in accordance with Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015. Dear Sir/Madam, With reference to the captioned subject and in terms of the provisions of Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time (“ SEBI Listing Regulations, 2015 ”), we hereby would like to inform that, the Board of Directors of the Company at its meeting held today i.e., Tuesday, October 27, 2026, has inter-alia, considered and approved: 1. Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended on September 30, 2026. 2. Statement of Assets & Liabilities for the half year ended on September 30, 2026. 3. Cash Flow Statements for the half year ended on September 30, 2026. 4. Limited Review Reports for the quarter and half year ended on September 30, 2026. The above documents are enclosed as Annexure - A. The meeting of Board of Directors commenced at 05:15 P.M. and concluded at 06:40 P.M. The above information is also available on the website of company at www.pgel.in. You are requested to kindly take the same on your record. Thanking You Yours Faithfully, For PG Electroplast Limited Deepesh Kedia Company Secretary To, The Manager (Listing) BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 533581 To, The Manager (Listing) National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Scrip Symbol: PGEL PG ELECTROPLAST LIMITED CIN-L321090L2003PLC119416 Corporate Office: P·4/2, 4/3, 4/4, 4/5, 4/6, Site·B, UPSIDC Industrial Area, Surajpur Greater Noida-201306, Distt. Gautam Budh Nagar (U.P.) India Phones # 91-120-2569323, Fax # 91-120-2569131 E·mail # info@pgel.in Website # www.pgel.in AN IATF 16949/18001/14001 COMPANY Registered Office DTJ-209, Second Floor DLF Tower·B, Jasola New Delhi-110025 Tele-Fax # 011-41421439
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BS R & Co. LLP Chartered Accountants 8th Floor, Unit 802, Godrej Koregaon Park North Main Road, Mundhwa Pune, Maharashtra, 411001 Telephone: +91 (20) 4061 2200 Limited Review Report on unaudited standalone financial results of PG Electroplast Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of PG Electroplast Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of PG Electroplast Limited (hereinafter referred to as "the Company") for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 (the Statement"). 2. This Statement, which is the responsibility of the Company's management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. The standalone financial results of the Company for the year ended 31 March 2026 were audited by the predecessor auditor whose report dated 27 May 2026 had expressed an unmodified opinion. The standalone financial results of the Company for the corresponding quarter ended 30 September 2025 and the corresponding period from 01 April 2025 to 30 September 2025 were reviewed by the predecessor auditor whose report dated 13 November 2025 had expressed an unmodified conclusion. BS R & Co. (a partnership firm with Registration No. BA61223) converted into BS R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 Registered Office: 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nes0o Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 2
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BS R & Co. LLP Limited Review Report (Continued) PG Electroplast Limited 6. The standalone financial results of the Company for the three months ended 30 June 2026 were reviewed by the predecessor auditor whose report dated 06 August 2026 had expressed an unmodified conclusion. For B S R & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022 2. Pune 27 October 2026 Rahim Merchant Partner Membership No.: 132907 UDIN:26132907 JPIEJU9529 Page 2 of 2
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) PG Electroplast Limited @? s (CIN: L32109DL2003PLC119416) Regd. Office: DTJ-209, DLF Tower-B, Jasola, New Delhi-110025, PH/Fax: 91-011-41421439; Email: info@pgel.in; Website: www.pgel.in Statement of Standalone Unaudited Financial Results for the quarter and six months ended September 30, 2026 ( Rs. In Lakhs except earnings per share) Quarter Ended Six months period ended Year Ended Particulars September 30, 2026 June 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025 March 31, 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I. Income (a) Revenue from operations 52,499.13 43,129.06 37,626.53 95,628.19 71,091.13 1,43,429.98 (b) Other income 303.15 573.26 1,982.53 876.41 3,965.14 7,115.27 Total income 52,802.28 43,702.32 39,609.06 96,504.60 75,056.27 1,50,545.25 II . Expenses (a) Cost of materials consumed 35,490.11 30,757.39 27,497.17 66,247.50 50,887.18 1,00,666.55 (b) Purchase of stock-in-trade 9,840.13 3,939.02 2,508.70 13,779.15 5,418.83 9,201.55 (c) Changes in inventories of finished goods (1,438.85) 736.47 (1,545.19) (702.38) (1,956.59) (583.36) and work in progress (d) Employee benefits expense 2,426.58 2,635.98 2,679.64 5,062.56 5,270.66 10,829.85 (e) Finance costs 317.42 292.68 304.96 610.10 617.80 1,234.00 (f) Depreciation and amortisation expense 687.82 678.68 677.64 1,366.50 1,326.05 2,729.16 (g) Other expenses 2,106.57 2,221.38 2,549.97 4,327.95 4,358.07 10,143.17 Total expenses 49,429.78 41,261.60 34,672.88 90,691.38 65,922.00 1,34,220.92 III. Profit before tax (I-II) 3,372.50 2,440.72 4,936.18 5,813.22 9,134.27 16,324.33 IV. Tax expense ( 1) Current tax 832.08 553.72 1,213.00 1,385.80 2,246.26 3,800.37 (2) Deferred tax (45.81) 66.46 (145.03) 20.65 (164.71) 156.55 Total tax expense 786.27 620.18 1,067.97 1,406.45 2,081.56 3,956.92 V. Profit for the period/year (II1-IV) 2,586.23 1,820.54 3,868.21 4,406.77 7,052.71 12,367.41 VI. Other comprehensive income A(i) Items that will not be reclassified to (33.14) 32.98 14.44 (0.16) 38.50 131.92 profit or Joss (ii) Income tax relating to items that will not 8.34 (8.30) (3.64) 0.04 (9.69) (33.20) be reclassified to profit or loss Total other comprehensive income/(loss) (24.80) 24.68 10.80 (0.12) 28.81 98.72 VII. Total comprehensive income for the 2,561.43 1,845.22 3,879.01 4,406.65 7,081.52 12,466.13 period/year (V+VI) VIII. Paid up equity share capital: (Face 2,867.57 2,855.87 2,840.76 2,867.57 2,840.76 2,853.43 Value Rs. 1 each) IX. Other equity 2,64,984.89 X. Earnings per share (Face Value Rs. 1 each) (EPS for the interim periods are not annualised) (a) Basic ( In Rs) 0.90 0.64 l.36 l.54 2.49 4.35 (b) Diluted ( In Rs) 0.90 0.63 1.34 l.53 2.45 4.29 Notes to the financial results : l.The statement of standalone unaudited financial results have been prepared in accordance with Indian Accounting Standard (referred to as "Ind AS") 34 - Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time and in tenns of Regulation 33 ofSEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, as amended. The above statement of standalone unaudited financial results were reviewed by the Audit Committee on October 27, 2026 and approved by the Board of Directors at its meeting held on October 27, 2026. The Statutory Auditors have carried out limited review of the statement of standalone unaudited financial results for the quarter and six months ended September 30, 2026. 2.During the period ended September 30, 2026, the Company allotted 14,14,450 equity shares of face value Rs.I each to the 'PG Electroplast Limited Employees Welfare Trust' under the PG Electroplast Employees Stock Options Scheme - 2020, in compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 resulting in an increase in the paid-up share capital by Rs.14.14 lakhs. 3.During the quarter, the Company utilized Nil amount (Rs.13,000.00 lakhs for six months ended September 30, 2026) from the proceeds raised through the Qualified Institutions Buyers. Out of the net proceeds of Rs.l 47,755.93 lakhs, after deducting issue-related expenses of Rs.1,914.98 lakhs (net of GST input tax credit availed of Rs.329 .02 lakhs), the Company has cumulatively utilized Rs.144,535.11 Jakhs towards the objects stated in the placement document. The balance unutilized amount ofRs.3,220.82 lakhs is invested in fixed deposits. 4.As per Ind AS 108 'Operating Segments', the Company has disclosed the segment infonnation only as part of the consolidated unaudited financial results. 5.The statement of standalone unaudited financial results of the Company for the quarter and six months ended September 30, 2026 are also available on the Company's website ( www.pgel.in) and on the website of BSE (www.bseindia.com) and NSE (www.nseindia.com) in accordance with the provision of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. - - er @ C g ; < <RRQP, Place: Pune a. Vis! JG Dated: October 27, 2026 45-' r Manot•• Di"eto, - F;none< 'P [ e z z ) ) - DIN-00184809 te Ell # ynhwa,Pune, go I l IN" ~ utoot./f r V • Q " / s k h k ea i~is '
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PG Electroplast Limited (CIN: L32109DL2003PLC119416) Regd. Office: DTJ-209, DLF Tower-B, Jasola, New Delhi-110025, PH/Fax: 91-011-41421439; Email: info@pgel.in; Website: www.pgel.in @ Statements of Standalone Unaudited Assets and Liabilities as at September 30, 2026 Particulars ASSETS Non-current assets (a) Property, Plant and Equipment (b) Right of use assets (c) Capital work-in-progress (d) Other Intangible assets (e) Financial assets (i) Investments (ii) Other financial assets (f) Other tax assets (net) (g) Other non-current assets Total non-current assets Current assets (a) Inventories (b) Financial assets () Trade receivables (ii) Cash and cash equivalents (iii) Bank balances other than(ii) above (iv) Loans ( v) Others financial assets ( c) Other current assets Total current assets Total assets EQUITY AND LIABILITIES Equity (a) Equity share capital (b) Other equity Total equity LIABILITIES Non-current liabilities (a) Financial liabilities (i) Borrowings (ii) Lease liabilities (iii) Other financial liabilities (b) Provisions (c) Deferred tax liabilities (net) ( d) Other non current liabilities Total non-current liabilities Current liabilities (a) Financial Liabilities (i) Borrowings (ii) Lease liabilities (iii) Trade payables - Total outstanding dues of micro enterprises and small enterprises - Total outstanding dues other than micro enterprises and small enterprises (iv) Other financial liabilities (b) Other current liabilities (c) Provisions (d) Current tax liabilities (net) Total current liabilities Total equity and liabilities - (Rs. In Lakhs) As at As at September 30, 2026 March 31, 2026 Unaudited Audited 30,506.26 32,565.45 1,201.78 1,308.44 2.11 49.33 322.12 356.70 2,05,763.79 1,91,478.18 546.94 462.42 223.11 223.11 109.54 320.34 2,38,675.65 2,26,763.97 17,086.04 17,617.61 42,627.21 28,661.74 892.79 1,145.39 3,678.41 16,833.12 8,445.28 6,173.58 3,713.80 3,914.86 2,562.95 1,956.27 79,006.48 76,302.57 3,17,682.13 3,03,066.54 2,867.57 2,853.43 2,70,517.91 2,64,984.89 2,73,385.48 2,67,838.32 687.60 602.45 720.36 785.54 73.83 102.75 301.75 356.89 2,248.61 2,227.91 487.24 472.02 4,519.39 4,547.56 4,264.33 5,924.92 126.21 152.38 1,537.28 1,840.53 28,620.96 18,980.20 2,191.84 2,771.95 1,884.12 556.52 234.99 210.65 917.53 243.51 39,777.26 30,680.66 3,17,682.13 3,03,066.54 Place: Pune Dated: October 27, 2026 @ g C g ; , a » /y c t \KoregaonPa '-1.J Un\\ soi, Wllrei. o-....4 * ) North Main K oa » Mcnhwa,Pung. ·.9 9 e a . « z , s ; &ei c For PG ectroplast Limited 1 -lc Visha G� LJl Managing Director-Finance '? pN-oos+so - k >
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PG ELECTROPLAST LIMITED (CIN: L32109DL2003PLC119416) Standalone Unaudited Statement of Cash flows for the six months period ended September 30, 2026 (Rs. In Lakhs) For the six months For the six months Particulars ended ended September 30, 2026 September 30, 2025 A CASH FLOW FROM OPERA TING ACTIVITIES Unaudited Unaudited Profit before tax 5,813.22 9,134.27 Adjustments for : Depreciation and amortisation expenses 1366.50 1,326.05 Net gain on disposal of property, plant and equipment (35.78) Miscellaneous balance written off 1.24 2.35 Provision for warranty expenses- post sales 15.90 Provision for doubtful receivable and debts (net ofreversals) (0.45) 25.16 Bad debts written off 19.45 Provision for slow and non moving inventories (net ofreversal) 36.15 Liabilities no longer required written back (20.37) (6.43) Share based payments to employees (5.04) 278.47 Interest expense on lease liabilities 37.99 41.89 Gain on investments carried at fair value through profit and loss (8.96) (7.25) Finance cost 572.11 575.91 Interest income (638.07) (3,875.52) Cash flow generated from operating activity before working capital adjustments 7,137.99 7,510.79 Working capital adjustments: Increase/(Decrease) in trade payables 9,357.88 2,754.11 (Decrease)/Increase in non - current provisions (55.14) 28.72 Increase/(Decrease) in non - current liabilities 15.22 Increase/(Decrease) in short - term provisions 24.22 (5.11) Increase/(Decrease) in other current liabilities 1,276.22 (110.58) (Decrease)/Increase in current financial liabilities (1,270.05) 901.14 (Increase )/Decrease in trade receivables (13,985.72) (8,430.52) Decrease/(Increase) in inventories 495.41 (1,341.84) Decrease/(Increase) in short - term loans (263.16) (Increase)/Decrease in other current assets (606.67) 598.42 (Increase )/Decrease in other current financial assets (342.73) (971.98) (Increase)/Decrease in other non current assets (19.85) (0.54) (Increase)/Decrease in other non current financial assets (39.81) (9.90) Cash generated from operations 1,986.97 659.56 Direct taxes paid ( net of refund ) (711.72) (1,479.70) Net cash flow generated from operating activities (A) 1,275.25 (820.13) B CASH FLOW FROM INVESTING ACTIVITIES Acquisition of property plant and equipment including capital work in progress and intangible assets (371.46) (2,540.20) (net off of capital advances and payable for capital expenditures) Proceeds from sale of property, plant and equipment 1,487.69 0.00 Investment in subsidiaries (14,044.96) (8.00) Proceeds from sale of mutual fund 120.94 Fixed deposits matured/(placed) (net) 13,110.00 28,656.75 Interest received 1,181.87 3,934.13 Loan given to subsidiary ( net of repayment ) (2,271.71) (32,863.65) Net cash flow used in investing activities (B) (787.63) (2,820.98) C CASH FLOW FROM FINANCING ACTIVITIES Proceeds from long-term borrowings 144.56 1,017.49 Repayment of long-term borrowings (729.04) (426.95) Proceeds from issue of equity share capital 1,509.80 759.95 Proceeds/(repayment) of short-term borrowings (net ) (1,021.05) 361.74 Payment of principal portion of lease liabilities (64.49) (54.26) Payment of interest portion oflease liabilities (37.99) (41.89) Finance cost paid (542.01) (575.59) Net cash flow (used in)/generated from financing activities (C) (740.22) 1,040.48 Net (Decrease)/Increase in cash and cash equivalents (A+ B + C) (252.60) (2,600.63) Cash and cash equivalents at the beginning of the period 1,145.39 2,952.62 Cash and cash equivalents at the end of the period 892.79 351.98 Components of cash and cash equivalents Cash on hand 5.70 5.07 Balances with bank: - Current account 887.09 346.91 Total cash and cash equivalents 892.79 351.98 . .. B - - " V al u Place: Pune a 9 I Managing irector - Finance Dated: October 27, 2026 l ry DIN-00184809 Uk / .+± . \ ° • [ liz z )) a.%k.1g Q) wiaima.""S %, s' ? @ si x 8 d - -
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BS R & Co. LLP Chartered Accountants 8th Floor, Unit 802, Godrej Koregaon Park North Main Road, Mundhwa Pune, Maharashtra, 411001 Telephone: +91 (20) 4061 2200 Limited Review Report on unaudited consolidated financial results of PG Electroplast Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of PG Electroplast Limited 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of PG Electroplast Limited (hereinafter referred to as "the Parent"), and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group") and its share of the net profit after tax and total comprehensive income of its joint venture and its subsidiaries ("joint ventures") for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 ("the Statement") being submitted by the Parent pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). 2. This Statement, which is the responsibility of the Parent's management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting'' ("Ind AS 34), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the entities mentioned in Annexure I to the Statement: 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 8 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. The consolidated financial results of the Group and its joint ventures for the year ended 31 March 2026 were audited by the predecessor auditor whose report dated 27 May 2026 had expressed an unmodified opinion. The consolidated financial results of the Group and its joint ventures for corresponding quarter ended 30 September 2025 and the corresponding period from 01 April to 30 September 2025 were reviewed by the predecessor auditor whose report dated 13 Nove 2025 had expressed an unmodified conclusion. Registered Office: BS R & Co. (a partnership finn with Registration No. BA61223) converted into BS R&Co. LLP (a 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 Center, Western Express Highway, Goregaon (East), Mumbai- 4 Page 1+o
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BS R & Co. LLP Limited Review Report (Continued) PG Electroplast Limited 7. The consolidated financial results of the Group and its joint ventures for the three months ended 30 June 2026 were reviewed by the predecessor auditor whose report dated 06 August 2026 had expressed an unmodified conclusion. 8. We did not review the interim financial information of 1 subsidiary included in the Statement, whose interim financial information reflect total assets (before consolidation adjustments) of Rs. 1,37,448.42 lakhs as at 30 September 2026 and total revenues (before consolidation adjustments) of Rs. 10,647.86 lakhs and Rs. 1,07,042.54 lakhs, total net loss after tax (before consolidation adjustments) of Rs. 1,682.89 lakhs and Rs. 129. 71 lakhs and total comprehensive loss (before consolidation adjustments) of Rs. 1,675.49 lakhs and Rs. 125.58 lakhs, for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026 respectively, and cash inflow (before consolidation adjustments) of Rs. 182. 72 lakhs for the period from 01 April 2026 to 30 September 2026. as considered in the Statement. The Statement also include the Group's share of net profit after tax (before consolidation adjustments) of Rs. 481.94 lakhs and Rs. 583.05 lakhs and total comprehensive income (before consolidation adjustments) of Rs. 489.38 lakhs and Rs. 589.32 lakhs, for the quarter ended 30 September 2026 and for the period from 01 April 2026 to 30 September 2026 respectively as considered in the Statement, in respect of 1 joint venture and its 4 subsidiaries, whose interim financial results have not been reviewed by us. These interim financial results have been reviewed by other auditors whose reports have been furnished to us by the Parent's management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiary and joint ventures, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter. For 8 S R & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022 Pune 27 October 2026 Rahim Merchant Partner Membership No.: 132907 UDIN:26132907EIJULl9519 Page 2 of 3
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8 SR & Co. LLP Limited Review Report (Continued) PG Electroplast Limited Annexure I List of entities included in unaudited consolidated financial results. Sr. No Name of component Relationship 1 PG Electroplast Limited Parent Company 2 PG Technoplast Private Limited Subsidiary 3 PG Plastronics Private Limited Subsidiary 4 Next Generation Manufacturing Subsidiary Private Limited 5 PG Electroplast Limited Subsidiary Employee Walfate Trust 6 Goodworth Electronics Private Joint Venture Limited 7 Goodworth Appliances Private Subsidiary of Joint Venture Limited 8 Goodworth Optima Private Subsidiary of Joint Venture Limited 9 Goodworth Innovations Private Subsidiary of Joint Venture Limited 10 Goodworth Gadgets Private Subsidiary of Joint Venture Limited Page 3 of 3
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PG Electroplast Limited (CIN: L32109DL2003PLC119416) @ r s Regd. Office : DTJ-209, DLF Tower-B, Jasola, New Delhi-II 0025, PH/Fax: 91-011-41421439; Email: info@pgel.in; Website: www.pgel.in Statement of Consolidated Unaudited Financial Results for the quarter and six months ended September 30, 2026 (Rs. In Lakhs except earnings per share) Quarter Ended Six months period ended Year Ended Particulars September 30, 2026 June 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025 March 31, 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I. Income (a) Revenue from operations 93,387.70 2,03,395.74 65,536.61 2,96, 783.44 2,15,921.65 5,28,802.19 (b) Other income 936.88 802.91 1,458.54 1,739.79 3,276.69 5,478.81 Total income 94,324.58 2,04,198.65 66,995.15 2,98,523.23 2,19,198.34 5,34,281.00 II. Expenses (a) Cost of materials consumed 74,348.69 1,53,335.32 52,315.92 2,27,684.01 1,57,283.91 4,05,503.63 (b) Purchase of stock-in-trade 3,384.16 5,733.63 5,584.09 9,117.79 20,593.20 39,850.77 (c) Changes in inventories of finished goods and work in progress (914.38) 14,886.34 (6,543.27) 13,971.96 (9.23) (9,825.93) ( d) Employee benefits expense 6,105.89 8,919.15 5,530.72 15,025.04 13,394.37 29,715.83 (e) Finance costs 2,605.62 3,528.99 1,671.29 6,134.61 5,061.67 10,164.50 (f) Depreciation and amortisation expense 2,814.84 2,651.73 2,164.58 5,466.57 4,247.81 8,817.32 (g) Other expenses 4.485.84 5,701.27 5,639.67 10,187.11 9,526.18 24,861.10 Total expenses 92,830.66 1,94,756.43 66,363.00 2,87,587.09 2,10,097.92 5,09,087.22 III. Profit before share of profit/(loss) of the ioint ventures and tax (I-II) 1,493.92 9,442.22 632.16 10,936.14 9,100.43 25,193.78 IV.Share of profit for the period/year in joint ventures, net of tax 455.95 91.56 38.19 547.51 65.48 296.52 V. Profit before tax (III+IV) 1,949.87 9,533.78 670.35 11,483.65 9,165.91 25,490.29 VI. Tax expense (I) Current tax 807.96 1,423.14 603.74 2,231.10 2,246.26 5,092.15 (2) Deferred tax (224.60) 488.81 (209.36) 264.21 (54.78) 741.46 Total tax expense 583.36 1,911.95 394.37 2,495.31 2,191.48 5,833.61 VII. Profit for the period/year (V-VI) 1,366.51 7,621.83 275.98 8,988.34 6,974.43 19,656.68 VIII. Other comprehensive income (i) Items that will not be reclassified to profit or loss (62.05) 45.22 (66.76) (16.83) (64.39) 180.86 (ii) Income tax relating to items that will not be reclassified to profit or loss 13.30 (10.40) 10.30 2.90 7.97 (41.60) Total other comprehensive income/(loss) (48.75) 34.82 (56.46) (13.93) (56.42) 139.26 IX . Total comprehensive income for the period/year (VII+VIII) 1,317.76 7,656.65 219.52 8,974.41 6,918.01 19,795.94 Profit attributable to: Owners of the company 1,366.51 7,621.83 275.98 8,988.34 6,974.43 19,656.68 Non-controlling interests Other comprehensive income attributable to: Owners of the Company (48.75) 34.82 (56.46) (13.93) (56.42) 139.26 Non-controlling interests Total comprehensive income attributable to: Owners of the Company 1,317.76 7,656.65 219.52 8,974.41 6,918.01 19,795.94 Non-controlling interests X. Paid up equity share capital: (Face Value Rs. I each) 2,867.57 2,855.87 2,840.76 2,867.57 2,840.76 2,853.43 XI. Other Equity 3,02,005 .25 XII. Earnings per share ( Face value of Rs l each) (EPS for the interim periods are not annualised) (a) Basic (In Rs) 0.47 2.67 0.09 3.14 2.45 6.91 (b) Diluted (In Rs) 0.47 2.65 0.09 3.12 2.42 6.82
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Notes to the financial results : PG Electroplast Limited (CIN: L32109DL2003PLC119416) Regd. Office: DTJ-209, DLF Tower-B, Jasola, New Delhi-110025, PH/Fax: 91-011-41421439; Email: info@pgel.in; Website: www.pgel.in Statement of Consolidated Unaudited Financial Results for the uarter and six months ended S tember 30, 2026 @ s I .The statement of consolidated unaudited financial results have been prepared in accordance with Indian Accounting Standard (referred to as "Ind AS") 34- Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as amended from time to time and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, as amended. The above statement of consolidated unaudited financial results were reviewed by the Audit Committee on October 27, 2026 and approved by the Board of Directors at its meeting held on October 27, 2026. The Statutory Auditors have carried out limited review of the statement of consolidated unaudited financial results for the quarter and six months ended September 30, 2026. 2.During the period ended September 30, 2026, the Group allotted 14,14,450 equity shares of face value Rs.I each to the 'PG Electroplast Limited Employees Welfare Trust' under the PG Electroplast Employees Stock Options Scheme - 2020, in compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 resulting in an increase in the paid-up share capital by Rs.14.14 lakhs. 3.During the quarter, the Company utilized Nil amount (Rs.13,000.00 lakhs for six months ended September 30, 2026) from the proceeds raised through the Qualified Institutions Buyers. Out of the net proceeds of Rs.147,755.93 lakhs, after deducting issue-related expenses of Rs.1,914.98 lakhs (net of GST input tax credit availed of Rs.329.02 lakhs), the Company has cumulatively utilized Rs.144,535.11 lakhs towards the objects stated in the placement document. The balance unutilized amount ofRs.3,220.82 lakhs is invested in fixed deposits. 4.The Group provides electronic manufacturing services which in context oflnd AS 108- Operating Segment" constitutes as a single operating segment. 5.The statement of consolidated unaudited financial results of the Group for the quarter and six months ended September 30, 2026 are also available on the Group's website (www.pgel.in) and on the website of BSE (www.bseindia.com) and NSE (www.nseindia.com) in accordance with the provision of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. Place: Pune Dated: October 27, 2026 I Managing Director - Finance DIN-00 I 84809
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PG Electroplast Limited @ = (CIN: L32109DL2003PLC119416) Regd. Office: DTJ-209, DLF Tower-B, Jasola, New Delhi-110025, PH/Fax: 91-011-41421439; Email: info@pgel.in; Website: www.pgel.in Statement of Consolidated Unaudited Assets and Liabilities as at September 30, 2026 (Rs. In Lakhs) Particulars As at As at September 30, 2026 March 31, 2026 Unaudited Audited ASSETS Non-current assets (a) Property, Plant and Equipment 1,49,427.92 1,36,072.07 (b) Right of use assets 28,243.08 17,409.28 (c) Capital work-in-progress 36,423.26 31,243.67 (d) Goodwill 0.34 0.34 (e) Other Intangible assets 479.35 521.09 (f) Financial assets (i) Investments 1,565.06 1,114.91 (ii) Other financial assets 3,180.21 3,432.75 (g) Other tax assets (net) 3,024.83 2,366.50 (h) Other non-current assets 19,004.77 23,113.04 Total non-current assets 2,41,348.82 2,15,273.65 Current assets (a) Inventories 1,35,307 .29 1,60, 130.59 (b) Financial assets (i) Trade receivables 80,072.33 1, 18,396.38 (ii) Cash and cash equivalents 2,006.65 3,155.57 (iii) Bank balances other than(ii) above 40,247.19 35,781.65 (iv) Loans 200.33 261.96 (v) Others financial assets 16,689.46 16,725.88 (c) Other current assets 37,592.71 44,941.82 Total current assets 3,12,115.96 3,79,393.85 Total assets 5,53,464.78 5,94,667.50 EQUITY AND LIABILITIES Equity (a) Equity share capital 2,867.57 2,853.43 (b) Other equity 3,11,892.20 3,02,005.25 Total equity 3,14,759.77 3,04,858.68 LIABILITIES Non-current liabilities (a) Financial liabilities (i) Borrowings 22,210.73 13,801.46 (ii) Lease liabilities 6,094.88 7,309.28 (iii) Other financial liabilities 480.78 121.26 (b) Provisions 1,377.84 1,194.35 (c) Deferred tax liabilities (net) 4,737.14 4,469.98 ( d) Other non current liabilities 4,060.69 3,464.57 Total non-current liabilities 38,962.06 30,360.90 Current liabilities (a) Financial liabilities (i) Borrowings 49,155.99 36,169.59 (ii) Lease liabilities 2,408.63 2,372.49 (iii) Trade payables - Total outstanding dues of micro enterprises and small enterprises 2,912.67 6,851.88 - Total outstanding dues other than micro enterprises and small enterprises 1,19,721.15 1,68,880.18 (iv) Other financial liabilities 9,720.00 21,721.02 (b) Other current liabilities 14,441.86 22,787.01 (c) Provisions 465.09 421.26 (d) Current tax liabilities (net) 917.56 244.49 Total current liabilities 1,99,742.95 2,59,447.92 Total equity and liabilities 5,53,464. 78 5,94,667.50 - @ ? Co " ( I " i Ase. %am«#;z:"")+ North Main' ' ] Place: Pune k Mcnhwa,Pun9 ·.9 l f Dated : October 27, 2026 I@a l--[) ·. C: / Man aging Director - Finance / DIN-00184809 @ as p �� _ ' e - - v
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PG ELECTROPLAST LIMITED e s (CIN: L32109DL2003PLC119416) Consolidated Unaudited Statement of Cash flows for the six months period ended September 30, 2026 (Rs. In Lakhs) Particulars For the six months ended For the six months ended September 30, 2026 September 30, 2025 A CASH FLOW FROM OPERATING ACTIVITIES (Unaudited) (Unaudited) Profit before tax 11,483.65 9,165.91 Adjustments for : Depreciation and amortisation expenses 5,466.57 4,247.81 Share based payments to employees 332.93 810.38 Net gain on disposal of property, plant and equipment (35.78) (0.00) Miscellaneous balance written off 5.97 0.94 Gain on investments carried at fair value through profit and loss (8.96) (7.25) Provision for doubtful receivable and debts (net ofreversals) 32.08 Provision for doubtful advance to suppliers & capital advance 44.60 Provision for slow and non moving inventories (net of reversal) 106.33 (95.78) Bad debts written off 19.45 Liabilities no longer required written back (20.37) (6.43) Share of profit in joint ventures, net of tax (547.51) (65.48) Interest expense on lease liabilities 385.08 415.42 Finance cost 5,749.52 4,646.25 Interest income (1,451.32) (3,201.38) Cash flow generated from operating activity before working capital adjustments 21,517.64 15,954.97 Working capital adjustments: (Decrease)/Increase in trade payables (53,077.87) (59,344.05) Increase/(Decrease) in non - current provisions 169.56 218.01 lncrease/(Decrease) in short - term provisions 43.83 28.67 Increase/(Decrease) in non - current liabilities 596.12 1,254.61 (Decrease )/Increase in current liabilities (8,396.53) (11,904.45) (Decrease)/Increase in current financial liabilities (] 1,264.74) (5,836.28) lncrease/(Decrease) in non current financial liabilities 359.52 Decrease/(lncrease) in trade receivables 38,266.54 36,667.20 Decrease/(lncrease) in inventories 24,716.97 (4,661.36) Decrease/(Increase) in short tenn loans 61.63 (791.72) Decrease/(lncrease) in other current assets 7,349.11 13,136.12 Decrease/(Increase) in other non current assets (8.69) 59.15 (Increase)/Decrease in other current financial asset (289.05) 3,466.48 (Increase )/Decrease in other non financial current asset (266.93) (177.80) Cash generated from/(used in) operations 19,777.11 (11,930.46) Direct taxes paid (net ofrefund ) (2,213.38) (3,362.15) Net cash flow generated/(used in) from operating activities (A) 17,563.73 (15,292.61) B CASH FLOW FROM INVESTING ACTIVITIES Acquisition of property plant and equipment including capital work in progress and intangible assets (net (22,364.31) (34,077.49) off of capital advances and payable for capital expenditures) Payment towards leasehold land (11,440.64) Proceeds from sale of property, plant and equipment 1,428.07 42.40 Proceeds from sale of mutual fund 120.94 Fixed deposits(placed)/matured (net) (3,946.07) 31,400.11 Interest received 1,776.78 3,302.62 Net cash flow (used in)/generated from investing activities (B) (34,425.23) 667.64 C CASH FLOW FROM FINANCING ACTIVITIES Proceeds from long-tenn borrowings 11,461.08 4,022.90 Repayment oflong-tenn borrowings (3,904.80) (3,856.16) Proceeds from issue of equity share capital 1,509.80 346.70 Proceeds from short-tenn borrowings (net ofrepayment) 13,809.31 17,993.00 Payment of principal portion oflease liabilities (1,151.36) (2,423.83) Payment of interest portion of lease liabilities (385.08) (415.42) Finance cost paid (5,626.38) (4,645.74) Net cash flow from financing activities (C) 15,712.57 11,021.49 Net Increase/(Decrease) in cash and cash equivalents (A+ B + C) (1,148.92) (3,603.48) Cash and cash equivalents at the beginning of the period 3,155.57 8,121.70 Cash and cash equivalents at the end of the period 2,006.65 4,518.22 Components of cash and cash equivalents Cash on hand 11.66 8.54 Balances with bank: - Current account 1,994.99 4,509.68 Total cash and cash equivalents 2,006.65 4,518.22 ForP Electroplast Limited - - @ ? Co < oLJ6 t .. �;Dl,��:,_FiMn« 0 8h Floor, 6% Place: Pune Q '«a82, Gari Koon at Dated: October 27, 2026 [4 [iiiiii n R iad . ] \@ Z ow.oouow» i waste.PE,, 19 DJ 5 . a --" e cc 9 e