PAN Electronics (India) Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, revealing continued operational challenges with a net loss of ₹43.71 lakhs. The Bengaluru-based electronics company's Board of Directors approved these unaudited financial results at their meeting held on February 10, 2026.

Financial Performance Overview

The company's financial performance for Q3FY26 showed mixed results compared to the previous year. While the net loss decreased from ₹51.97 lakhs in Q3FY25 to ₹43.71 lakhs in Q3FY26, revenue from operations declined significantly by 58% year-on-year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, PAN Electronics reported improved performance compared to the corresponding period in the previous year. The company's cumulative net loss reduced substantially to ₹124.90 lakhs from ₹344.83 lakhs in the previous year, despite lower revenue.

Expense Structure and Cost Management

The company's expense structure showed significant variations during Q3FY26. Total expenses amounted to ₹87.36 lakhs compared to ₹155.96 lakhs in Q3FY25, representing a 44% decrease. Key expense components included:

• Cost of materials consumed: ₹14.15 lakhs (Q3FY26) vs ₹271.23 lakhs (Q3FY25)
• Employee benefit expenses: ₹23.77 lakhs vs ₹29.13 lakhs
• Finance costs: ₹5.67 lakhs vs ₹6.42 lakhs
• Other expenses: ₹29.73 lakhs vs ₹48.67 lakhs

Balance Sheet Position

As of December 31, 2025, PAN Electronics maintained total assets of ₹1,072.12 lakhs compared to ₹1,620.17 lakhs as of December 31, 2024. The company's equity share capital remained stable at ₹400.00 lakhs with a face value of ₹10 per share. However, other equity showed a negative balance of ₹3,171.17 lakhs, reflecting accumulated losses.

Corporate Governance and Compliance

The financial results were reviewed by the audit committee and approved by the Board of Directors. The company's auditors, S K S V M & Co., Chartered Accountants, provided a limited review report confirming compliance with regulatory requirements under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

PAN Electronics (India) Limited has officially announced a board meeting scheduled for February 10, 2026, to review and approve the company's quarterly financial performance. The meeting will focus on considering the unaudited financial results for the quarter ended December 31, 2025, prepared in accordance with Indian Accounting Standards (IND-AS).

Regulatory Compliance and Meeting Details

The board meeting is being convened pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to provide advance notice of board meetings where financial results will be considered.

Official Communication

The company formally communicated this information to the Bombay Stock Exchange through an official letter dated February 1, 2026. The communication was signed by Gullu Gellaram Talreja, Managing Director of PAN Electronics (India) Limited, who holds Director Identification Number 01740145.

Company Information

PAN Electronics (India) Limited operates with its registered office located at #16B, Peenya Industrial Area Phase-1 Pipeline Road, Bengaluru, Karnataka 560058. The company's manufacturing facility is situated at #1E, Peenya Industrial Estate 1st Main Road, Peenya 2nd Phase, Bengaluru, Karnataka 560058.

Meeting Agenda

While the primary focus of the board meeting will be on approving the unaudited financial results for Q3FY26, the company has indicated that other agenda items may also be discussed with the permission of the chairperson. This standard practice allows boards to address additional business matters that may arise or require immediate attention during the scheduled meeting.