Date: October 23, 2026
Financial Performance Summary
Q2 FY27 Performance (Quarter Ended September 30, 2026)
Income Statement Highlights:
- Total Income: ₹13,075 lakhs, up 231.7% YoY from ₹3,942 lakhs in Q2 FY26
- Total Income growth QoQ: 153.7% from ₹5,154 lakhs in Q1 FY27
- EBITDA: ₹1,353 lakhs, up 371.2% YoY from ₹287 lakhs in Q2 FY26
- EBITDA Margin: 10.3%, expanded by 306 basis points from 7.3% in Q2 FY26
- EBITDA QoQ growth: 129.1% from ₹591 lakhs in Q1 FY27
- EBITDA Margin QoQ: Decreased by 111 basis points from 11.5% in Q1 FY27
- PAT (Profit attributable to owners): ₹770 lakhs, up 450.8% YoY from ₹140 lakhs in Q2 FY26
- PAT Margin: 5.9%, expanded by 234 basis points from 3.5% in Q2 FY26
- PAT QoQ growth: 102.1% from ₹381 lakhs in Q1 FY27
- PAT Margin QoQ: Decreased by 150 basis points from 7.4% in Q1 FY27
- Diluted EPS: ₹4.90, up 441.7% YoY from ₹0.90 in Q2 FY26
- Diluted EPS QoQ growth: 134.6% from ₹2.09 in Q1 FY27
H1 FY27 Performance (Half Year Ended September 30, 2026)
Income Statement Highlights:
- Total Income: ₹18,229 lakhs, up 163.5% YoY from ₹6,919 lakhs in H1 FY26
- EBITDA: ₹1,944 lakhs, up 286.5% YoY from ₹503 lakhs in H1 FY26
- EBITDA Margin: 10.7%, expanded by 339 basis points from 7.3% in H1 FY26
- PAT (Profit attributable to owners): ₹1,150 lakhs, up 407.8% YoY from ₹227 lakhs in H1 FY26
- PAT Margin: 6.3%, expanded by 304 basis points from 3.3% in H1 FY26
- Diluted EPS: ₹6.82, up 374.3% YoY from ₹1.44 in H1 FY26
Full Year FY26 Reference Data
- Total Income FY26: ₹24,539 lakhs
- EBITDA FY26: ₹2,942 lakhs
- EBITDA Margin FY26: 12.0%
- PAT FY26: ₹1,621 lakhs
- PAT Margin FY26: 6.6%
- Diluted EPS FY26: ₹9.06
Performance Drivers and Management Commentary
According to Mr. Amit Rambhia, Chairman & Managing Director:
Growth Drivers:
- Strength of technological capabilities and sustained R&D efforts
- Focused efforts over years translating into tangible results
- Early investments in building strong technological foundation delivering returns
- Robust execution resulting in operating leverage
- Improved product mix and higher share of value-added products
Strategic Developments:
- Significant order secured in telecom sector through subsidiary Panache Newage Technology Private Limited
- Engagement encompasses delivery of advanced technology solutions and services including installation, configuration, technical support, and real-time monitoring
- This represents a significant milestone in strategic expansion into India's rapidly evolving telecom sector
- Establishes foundation for scaling presence in high-growth market, pursuing larger and more complex projects, strengthening technology services capabilities, and fostering long-term strategic partnerships
Industry Outlook:
- Confidence in growth potential of India's Electronic System Design and Manufacturing (ESDM) ecosystem
- Driven by increasing localization, domestic manufacturing, and growing adoption of AI, IoT, networking and smart devices
- Company positioned with integrated capabilities across product design, engineering and manufacturing
Awards and Recognition:
- Received Innovation & Excellence Award by Intel at Industry Solution Builders Connect 2026
- Recognition underscores commitment to innovation, excellence in product development, and technological advancement
Forward Outlook
Strategic Focus Areas:
- Expanding customer base and product portfolio
- Strengthening strategic partnerships
- Increasing presence in high-growth, technology-intensive segments
Expected Benefits:
- Unlock new growth opportunities
- Enhance operating leverage
- Deliver sustainable growth and long-term value for stakeholders
Company Background
Panache Digilife is described as one of India's leading ESDM players with over 2 decades of experience, specializing in Design-Led Manufacturing (DLM) and Contract-Led Manufacturing (CLM). The company designs, manufactures, distributes, and services a broad portfolio of ICT, AIoT, and digital infrastructure solutions, serving global OEMs across diverse industries.