PANACHE
Panache Digilife financials
- Market cap
- ₹831 Cr
- Sector
- Information Technology
What Panache Digilife Limited does
Panache Digilife designs and manufactures ICT and IoT hardware through two engines: Contract Led Manufacturing (CLM), where clients bring their own design and Panache runs supply chain, procurement and manufacturing; and Design Led Manufacturing (DLM), where Panache owns the design, sourcing and lifecycle management of its own products. It operates across six business verticals — Smart & Secure Compute, Telecom Solutions, AV & Displays, Digital Surveillance, EdTech Solutions and Medical Solutions — covering the full ODM chain from product ideation and prototyping through manufacturing, quality assurance and after-sales support. Manufacturing is carried out at its own Bhiwandi (Maharashtra) facility, supplemented by after-sales services such as repairs, spare-part management, reverse logistics and e-waste recycling.
Segments
- Smart & Secure Compute
- Telecom Solutions
- AV & Displays
- Digital Surveillance
- EdTech Solutions
- Medical Solutions
- Manufacturing facility
- 1 (Bhiwandi, Maharashtra)
- Facility built-up area
- 57,000 sq. ft.
- Facility operational since
- Over 7 years
- Business verticals
- 6 (Compute, Telecom, AV & Displays, Surveillance, EdTech, Medical)
- Subsidiaries/associate
- Technofy Digital, Panache Newage Technology, Air Digilife, Cadcord Technologies
- Employees
- 37 (FY25, up from 33 in FY24)
Quarterly results
Q1 FY27: revenue up 60.7%, net profit up 326.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23 | 21 | 60 | 30 | 39 +67% | 70 +238% | 95 +58% | 47 +61% |
| EBITDA | 3 | 3 | 4 | 2 | 3 −10% | 7 +113% | 14 +303% | 5 +150% |
| Net profit | 2 | 2 | 2 | 1 | 1 −3% | 4 +120% | 9 +287% | 4 +326% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +93.0% 1Y
1Y: ₹268.86 on 10 Sept 2025 → ₹519. High ₹548.55 (24 Aug 2026), low ₹243.5 (27 Jan 2026).
Financials, as filed
Revenue grew 27.8% a year over 3 years, FY23 to FY26. Operating margin widened to 10.9%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹112 Cr | ₹96 Cr | ₹116 Cr | ₹233 Cr |
| Operating profit | ₹6 Cr | ₹6 Cr | ₹11 Cr | ₹25 Cr |
| Operating margin | 5.0% | 6.4% | 9.2% | 10.9% |
| Interest | ₹4 Cr | ₹4 Cr | ₹3 Cr | ₹3 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹2 Cr | ₹0 Cr | ₹6 Cr | ₹15 Cr |
| Net margin | 1.7% | 0.4% | 5.1% | 6.6% |
| Cash from operations | ₹-3 Cr | ₹8 Cr | ₹-13 Cr | ₹0 Cr |
| Free cash flow | ₹-4 Cr | ₹7 Cr | ₹-14 Cr | ₹0 Cr |
| ROCE | 10.0% | 13.0% | 13.0% | 24.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹15 Cr | ₹16 Cr |
| Reserves | ₹20 Cr | ₹23 Cr | ₹25 Cr | ₹25 Cr | ₹57 Cr | ₹93 Cr |
| Borrowings | ₹29 Cr | ₹24 Cr | ₹35 Cr | ₹33 Cr | ₹27 Cr | ₹28 Cr |
| Other liabilities | ₹17 Cr | ₹22 Cr | ₹24 Cr | ₹28 Cr | ₹30 Cr | ₹66 Cr |
| Total liabilities | ₹79 Cr | ₹80 Cr | ₹96 Cr | ₹98 Cr | ₹130 Cr | ₹202 Cr |
| Fixed assets | ₹5 Cr | ₹4 Cr | ₹12 Cr | ₹12 Cr | ₹11 Cr | ₹14 Cr |
| Capital work in progress | ₹6 Cr | ₹6 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹1 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Other assets | ₹67 Cr | ₹69 Cr | ₹82 Cr | ₹84 Cr | ₹116 Cr | ₹186 Cr |
| Total assets | ₹79 Cr | ₹80 Cr | ₹96 Cr | ₹98 Cr | ₹130 Cr | ₹202 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +2.37 pp while the public trimmed −2.37 pp. The shareholder count grew 15% to 3,915.
- Promoters
- 54.0%
- Public
- 46.0%
Since Jun 2025
- Promoters +2.37 pp
- Public −2.37 pp
How it drifted, 12 quarters
Over this window promoters fell from 65.5% to 54.0% — −11.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 65.5%, Public 34.5%.Dec '23: Promoters 65.5%, Public 34.5%.Mar '24: Promoters 65.5%, Public 34.5%.Jun '24: Promoters 65.5%, Public 34.5%.Sep '24: Promoters 51.6%, Public 48.4%.Dec '24: Promoters 51.6%, Public 48.4%.Mar '25: Promoters 51.6%, Public 48.4%.Jun '25: Promoters 51.7%, Public 48.3%.Sep '25: Promoters 51.7%, Public 48.3%.Dec '25: Promoters 51.7%, Public 48.3%.Mar '26: Promoters 54.0%, Public 46.0%.Jun '26: Promoters 54.0%, Public 46.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Pks Properties Private Limited +0.14 pp 1.17% held
- Llp newly disclosed 0.00% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Panache Digilife Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Amit D Rambhia | 19.94% | unchanged |
| Nikit D Rambhia | 19.94% | unchanged |
| Devchand Lalji Rambhia | 14.10% | unchanged |
| Deepak Meghji Savla | 4.49% | unchanged |
| Aakash Deepak Savla | 1.96% | unchanged |
| Vandana Deepak Savla | 1.96% | unchanged |
| Mona Bajaj | 1.38% | unchanged |
| Ritesh Dalmia | 1.32% | unchanged |
| Pks Properties Private Limited | 1.17% | +0.14 pp |
| Insiya Murtaza Bharmal | 1.16% | unchanged |
| Janardhan Rao Yandooru | 0.06% | unchanged |
| Llp | 0.00% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Panache Digilife Limited
Guides on how to read this kind of business and the numbers that matter.