PIL Italica Lifestyle Limited has announced that its Board of Directors will convene on January 20, 2026, to review the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting notification was issued on January 10, 2026, in accordance with regulatory requirements.

Meeting Details and Agenda

The board meeting has been scheduled to consider the unaudited financial results for both the quarter and nine months ended December 31, 2025. The company has informed both the National Stock Exchange of India Limited and BSE Limited about this scheduled meeting as required under Regulation 29 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Trading Window Restrictions

In compliance with the company's Code of Conduct for Prevention of Insider Trading, PIL Italica Lifestyle Limited has implemented trading restrictions for designated persons. The trading window for dealing in the company's securities has been closed from January 1, 2026, and will remain closed until January 22, 2026.

Regulatory Compliance

The meeting notification was signed by Narendra Bhanawat, Whole Time Director of the company, bearing DIN 00146824. The communication was digitally signed on January 10, 2026, and sent to both major stock exchanges where the company's shares are listed. The company trades under the scrip code PILITA on NSE and 500327 on BSE.

The board meeting represents a routine quarterly disclosure requirement, ensuring transparency and compliance with securities market regulations. The results to be discussed will cover the company's performance for the third quarter of the current fiscal year, providing stakeholders with updated financial information.

Pil Italica Lifestyle , a leading player in the lifestyle furniture industry, has reported a significant increase in revenue for the second quarter of fiscal year 2026. The company's financial results, approved by the board of directors on October 28, 2025, reveal a mixed performance with strong top-line growth but pressure on margins.

Revenue Growth

For the quarter ended September 30, 2025, PIL Italica reported total income of ₹2,776.77 crore, representing a robust 26.63% increase compared to ₹2,192.89 crore in the same quarter last year. This growth trend was also reflected in the half-year results, with total income reaching ₹5,181.12 crore, up 20.04% from ₹4,316.01 crore in the previous year.

Profitability and Margins

Despite the strong revenue growth, the company faced some challenges in maintaining its profit margins:

• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) declined by 11.62% to ₹216.45 crore in Q2 FY26.
• EBITDA margin compressed to 7.80% from 11.17% in the prior year quarter, indicating increased cost pressures.
• However, Profit After Tax (PAT) showed a modest increase of 4.97% to ₹114.88 crore in Q2 FY26.

Segment Performance

The company's financial results show a breakdown of performance by segment:

The manufacturing segment continues to be the primary revenue driver for PIL Italica, while the finance segment contributes a smaller but profitable portion to the overall business.

Operational Highlights

PIL Italica Lifestyle operates manufacturing facilities in Udaipur and Silvassa, catering to a pan-India distribution network. The company's reach extends across 22 states, supported by:

• 4,046 dealers
• 357 direct dealers
• 197 distributors

This extensive network underscores the company's strong market presence and distribution capabilities.

Balance Sheet and Cash Flow

As of September 30, 2025, PIL Italica reported:

• Total assets of ₹10,840.28 crore, up from ₹9,712.74 crore as of March 31, 2025.
• Total equity of ₹8,211.86 crore, indicating a strong capital base.
• Current assets of ₹5,964.45 crore, including inventories of ₹1,728.22 crore and trade receivables of ₹666.22 crore.

The cash flow statement reveals that the company invested ₹272.01 crore in property, plant, and equipment during the half-year, suggesting ongoing expansion or modernization efforts.

Outlook

While PIL Italica Lifestyle has demonstrated strong revenue growth, the compression in EBITDA margin may be a point of focus for the management in the coming quarters. The company's robust distribution network and continued investment in assets indicate a focus on long-term growth and market expansion.