PG Electroplast
- Market cap
- ₹ 13,535 Cr.
- P/E
- 65.8x
- P/B
- 4.58x
- 52-week range
- 436.55 – 644.4
- ROE
- 7%
- ROCE
- 10%
- Dividend yield
- 0.1%
- Debt / equity
- 0.2
- Sector
- Consumer Durables
- Industry
- Consumer Electronics
- Listed on
- NSE, BSE
About
PG Electroplast Limited is an electronic manufacturing services (EMS) provider for original equipment manufacturers (OEMs) of consumer electronic products in India. The Company manufactures and / or assembles a range of consumer electronic components and finished products, such as kitchen appliances, air conditioners (ACs) sub-assemblies, air coolers, washing machines, mobile handsets, and light-emitting diodes (LED) for third parties. It delivers services across the product manufacturing lifecycle, including product conceptualization, designing, and prototyping, production and product management services, to companies in various downstream industries and end markets. It also develops small, medium and large-sized, surface critical injection molded components for manufacturing automotive equipment. The Company caters to more than 45 Indian and global brands across diverse industries, such as consumer durables, consumer electronics, bathroom fittings, and automotives.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Consumer Electronics: 24 companies →PG Electroplast against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)65.8 against a typical 24.8: pricier than most peers (1st = cheapest).19th of 23
- Sales growth+35.2% against a typical +33.3% from a year earlier.9th of 21
- Profit growth+13.4% against a typical +63.5% from a year earlier.11th of 16
- Share price, 3 months−18.3% against a typical −15.1%.14th of 22
- Size₹ 13,534.9 Cr. market value against a typical ₹ 308 Cr. (1st = largest).3rd of 22
Latest announcements
Exchange filings and their impact on the company.
- Strong H1 with 37% revenue growth YoY but seasonally weak Q2 keeps full-year on track.
PG Electroplast reported Q2 FY27 consolidated revenue of Rs 933.9 crore, up 42.5% from last year, and net profit of Rs 13.7 crore versus Rs 2.8 crore last year. For the first half, revenue was Rs 2967.8 crore up 37% and profit was Rs 89.9 crore up 29%, with operating cash flow turning positive. The quarter was seasonally weaker than Q1's Rs 2034 crore sales, while borrowings rose to fund ongoing capex, but overall growth momentum remains strong.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A+ | Stable | 13 Feb 2026 |
| ICRA | [ICRA]A+ | Stable | 26 Nov 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 13 Feb 2026 | ▲ Outlook raised | Crisil A+ Outlook Negative → Stable | — | CRISIL | ₹ 310 Cr. | |
| 26 Nov 2025 | New rating | [ICRA]A+ | — | ICRA | ₹ 103 Cr. | |
| 20 Aug 2025 | Rating action | Crisil A+ | — | CRISIL | ₹ 310 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 27 Oct 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 6 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 27 May 2026 | Financial Results/Dividend | PGEL : 27-May-2026 : The Company has informed the Exchange that a Board meeting to be held on May 19, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on May 27, 2026, To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 19 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 2 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 460 | 532 | 1,077 | 1,321 | 671 | 968 | 1,910 | 1,504 | 655 | 1,412 | 1,717 | 2,034 |
| Expenses | 423 | 490 | 960 | 1,190 | 615 | 883 | 1,698 | 1,383 | 625 | 1,295 | 1,598 | 1,886 |
| Operating Profit | 38 | 42 | 116 | 131 | 56 | 85 | 212 | 121 | 30 | 117 | 119 | 148 |
| OPM % | 8% | 8% | 11% | 10% | 8% | 9% | 11% | 8% | 4.6% | 8% | 7% | 7% |
| Other Income | 3 | 5 | 3 | 4 | 4 | 7 | 20 | 18 | 15 | 9 | 13 | 8 |
| Interest | 12 | 10 | 16 | 18 | 15 | 22 | 33 | 34 | 17 | 25 | 26 | 35 |
| Depreciation | 11 | 11 | 14 | 15 | 15 | 16 | 19 | 21 | 22 | 22 | 24 | 27 |
| Profit before tax | 18 | 26 | 91 | 101 | 30 | 54 | 180 | 85 | 6 | 79 | 82 | 94 |
| Tax % | 30% | 26% | 21% | 16% | 35% | 25% | 19% | 21% | 62% | 24% | 22% | 20% |
| Net Profit | 12 | 19 | 70 | 84 | 19 | 40 | 145 | 67 | 3 | 62 | 65 | 76 |
| EPS in Rs | 0.48 | 0.74 | 2.67 | 3.21 | 0.74 | 1.4 | 5.13 | 2.36 | 0.1 | 2.17 | 2.27 | 2.67 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 50%
- 3 Years
- 35%
- TTM
- 15%
- 10 Years
- —
- 5 Years
- 75%
- 3 Years
- 36%
- TTM
- −24%
- 10 Years
- 44%
- 5 Years
- 81%
- 3 Years
- 55%
- TTM
- —
- 10 Years
- —
- 5 Years
- 12%
- 3 Years
- 11%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| PG Electroplast | ₹ 536.40 | ₹ 13,535 Cr. | 65.8x | 4.6x | 7% | — |
| Supreme Industries | ₹ 3,450.00 | ₹ 43,824 Cr. | 45.6x | 7.1x | 16.1% | 8.5% |
| Astral | ₹ 1,353.00 | ₹ 36,348 Cr. | 66.9x | 9.1x | 14% | 8.1% |
| Garware Hi-Tech Films | ₹ 7,037.90 | ₹ 16,351 Cr. | 149.7x | 6.1x | 13.5% | 16% |
| Tega Industries | ₹ 1,721.60 | ₹ 12,919 Cr. | 79x | 3.6x | 5.9% | 8.4% |
| Finolex Industries | ₹ 142.20 | ₹ 8,797 Cr. | 17x | 1.6x | 9.7% | 14.6% |
Management
- Anurag Gupta
- Executive Chairman of the Board, Executive Director - Technical
- Pramod Chimmanlal Gupta
- Chief Financial Officer
- Deepesh Kedia
- Compliance Officer, Company Secretary
- Vikas Gupta
- Managing Director - Operations, Executive Director
- Vishal Gupta
- Managing Director - Finance, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.