| Management target | Revenue 20.0% FY27 |
|---|
| Revenue growth | Q2 consolidated revenue up 42.5% YoY; record H1 performance. |
|---|---|
| Margins | Percentage margins softened due to commodity pass-throughs; absolute EBITDA remains stable. |
| Order book | Healthy order book across all lines; AC volumes tracking for 20% growth. |
| Demand visibility | Strong order book visibility through March-April across AC and electronics segments. |
| Management confidence | Highly confident, emphasizing execution and capacity expansion for H2 peak season. |
Growth
H1 FY27 revenue grew significantly with double-digit volume growth and price pass-throughs from commodity costs.
Outlook
Management guides AC volume of 2.1-2.2 million units for FY27, up from 1.7 million YoY.
Risks
Higher inventory levels and rising working capital costs due to commodity inflation pose short-term cash flow risks.
Last quarter's promises, checked
Delivered
- 6M AC volume +15–20% → AC revenue +36.2% H1 (revenue proxy, not volume) (= BEAT)
Partly delivered
- Sricity fridge commercial production by Q4 FY27 (1.2mn cap) → 'operationalizing' (= PARTIAL)
- Compressor 2mn line online FY27, mass production Dec/Jan → 'operationalizing' Supa, not confirmed (= PARTIAL)
- FY27 AC volume +20%+ → 'tracking 20%' (= PARTIAL)
Missed
- FY27 operating margin ~8% → margins 'softened', no % given (= MISS, directional)
Earnings Call Transcript filed with NSE, NSE: PGEL. Summary written with AI assistance from the document.
PG Electroplast Ltd: key numbers
- Share price
- ₹536.40
- Market cap
- ₹15,382 Cr
- Revenue (annual)
- ₹5,288 Cr
- Net profit (annual)
- ₹196.6 Cr
- P/E (TTM)
- 71.0×Sector 41.7×
- 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 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.
PG Electroplast Other Announcement
PG Electroplast Limited has filed its quarterly compliance certificate under SEBI Regulation 74(5) for the period ended September 30, 2026.