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Earnings Call

PG Electroplast Earnings Call: Key Takeaways

PG Electroplast faced a challenging FY26 with Q4 net profit dropping 56% YoY due to supply disruptions and external shocks, despite 9% YoY revenue growth.

Highlights
Revenue growthFY26 revenue grew 8.6% YoY; Q4 revenue declined 10% YoY.
MarginsMargins squeezed by 250bps in Q4; targeting 8% EBITDA in FY27.
Order bookStrong visibility in washing machines; new anchor customer for refrigerators.
Demand visibilityStrong outlook for FY27; channel inventory normalized from FY26 peaks.
Management confidenceCautiously optimistic; focusing on normalizing inventory and new capacity.

Growth

FY26 revenue grew 8.6% YoY to ₹5,288cr; washing machine segment outperformed with 52% growth, offsetting sluggish AC sales.

Outlook

Targeting FY27 revenue growth exceeding industry averages with EBITDA margins improving toward 8% via operating leverage.

Risks

LPG shortages, labor migration, and currency depreciation (20%) severely impacted production and squeezed gross margins by 250bps.

Source

Earnings Call filed with BSE, NSE: PGEL. Summary written with AI assistance from the document.

Read the document ↗

PG Electroplast Ltd: key numbers

Share price
₹518.50
Market cap
₹14,868 Cr
Revenue (annual)
₹5,288 Cr
Net profit (annual)
₹196.6 Cr
P/E (TTM)
72.2×Sector 45.9×
Promoter holding
43.37%-0.04% QoQ
FII holding
9.95%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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PG Electroplast will hold its 24th Annual General Meeting on September 29, 2026. The agenda includes dividend declaration and approval for financial assistance to joint ventures.

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PG Electroplast Limited announced the tenure completion of Statutory Auditor S S Kothari Mehta & Co., LLP, and the appointment of B S R & Co., LLP.

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PG Electroplast Limited has recommended a final dividend of Rs. 0.25 per equity share for the financial year 2025-26. The record date is fixed for 18 September 2026.

14:15 IST NSE
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PG Electroplast Board Meeting Outcome

PG Electroplast Limited's board recommended appointing B S R & Co. LLP as statutory auditors for five years. The company also fixed September 18, 2026, as the dividend record date.