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.
PG Electroplast achieved record quarterly revenues of ₹2,034 crores, driven by robust AC and washing machine demand. Management maintains a balanced yet aggressive expansion strategy into refrigerators and compressors to diversify seasonality.
PG Electroplast reported FY26 revenue of ₹5,288cr (up 8.6%) and PAT of ₹193.61cr (down 33.4%). Performance was hit by high inventory, LPG shortages, and currency depreciation.
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.