| Revenue growth | FY26 revenue grew 8.6% YoY; Q4 revenue declined 10% YoY. |
|---|---|
| Margins | Margins squeezed by 250bps in Q4; targeting 8% EBITDA in FY27. |
| Order book | Strong visibility in washing machines; new anchor customer for refrigerators. |
| Demand visibility | Strong outlook for FY27; channel inventory normalized from FY26 peaks. |
| Management confidence | Cautiously 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.
Earnings Call filed with BSE, NSE: PGEL. Summary written with AI assistance from the document.
PG Electroplast Ltd: key numbers
- Share price
- ₹573.25
- Market cap
- ₹16,438 Cr
- Revenue (annual)
- ₹5,288 Cr
- Net profit (annual)
- ₹196.6 Cr
- P/E (TTM)
- 75.9×Sector 44.3×
- Promoter holding
- 43.20%-0.17% QoQ
- FII holding
- 8.72%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from PG Electroplast Ltd
All →PG Electroplast Earnings Call Transcript: Key Takeaways
PG Electroplast delivered record consolidated revenues led by the AC and washing machine segments, despite muted secondary AC sales in Q2. Management is pivoting from assembly to full component manufacturing to drive structural margins.
- Call
- Guides 20% growth
PG Electroplast Results Update
PG Electroplast's press release reports unaudited quarterly and half-year results, with H1 FY27 revenue of INR 2,967.83 crore up 37.4% YoY. It also notes new washing machine and component plants coming online.
- washing machine manufacturing capacity
- 1.8 mn units per annum
PG Electroplast Investor Presentation: Key Takeaways
Q2 FY27 sales ₹933.9 Cr (+42.5%), PAT ₹13.7 Cr; H1 sales ₹2,968 Cr (+37.4%). Margins compressed on commodity costs; growth via capacity and backward integration.
PG Electroplast Q2 FY27 Results: Net Profit ₹13.7 Cr, Up 389.3% YoY
PG Electroplast Ltd reported revenue from operations of ₹933.9 Cr (+42.5% YoY) and net profit of ₹13.7 Cr (+389.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹13.7 Cr · +389.3% YoY
PG Electroplast Management Change
PG Electroplast's subsidiary NGM appointed Ruchika Bansal as independent director. Its auditor resigned and B S R & Co. LLP was appointed, subject to shareholder approval.
PG Electroplast Board Meeting Date
PG Electroplast will hold a board meeting on October 27, 2026, to consider and approve the unaudited financial results for the quarter and half year.