PG Electroplast Limited

PG Electroplast Limited

PGEL.BO
PG Electroplast LimitedIN flagBombay Stock Exchange
583.40
INR
+20.60
- -
166.58BMarket Cap
PG Electroplast Limited
PGEL.BO
(Bombay Stock Exchange)

Recent

price

583.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
39.75
16.29
18.44
13.29
14.54
15.86
22.25
24.24
30.8
34.02
35.89
52.86
98.53
110
181.72
185.89
182.47
Revenue per Share
1.67
-0.63
-0.3
-1.24
-0.28
0.12
0.2
0.46
0.6
0.14
0.59
1.81
3.58
5.47
10.74
6.91
6.78
Basic EPS, GAAP
-2.55
-6.7
0.14
0.69
-1.17
0.68
-1.47
-0.47
-1.04
-1.66
0.68
-11.4
-5.03
-1.56
-21.08
-25.26
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.2
0.25
- -
Dividend per Share
1
2.82
2.03
0.8
0.52
0.64
0.85
1.31
2.05
1.98
2.51
4.01
7.29
12.09
22.01
1
0.98
Book Value per Share
4.22
10.73
8.63
7.41
7.13
7.2
7.41
7.92
10.23
9.36
9.83
15.06
18.23
41.98
105.38
106.98
105.01
Tangible Book Value per Share
107
136
164
164
164
164
164
164
165
188
195
207
216
246
268
284
290
Basic Weighted Avg Shares
4,241
2,218
3,026
2,181
2,387
2,603
3,652
3,978
5,069
6,384
7,010
10,940
21,332
27,112
48,695
52,880
52,880
Sales/Revenue/Turnover
6.8
-0.72
-0.65
-6.14
1.01
3.89
2.82
3.29
3.54
4.54
4.89
6.5
7.01
7.8
8.59
5.65
5.65
Operating Margin (%)
21
45
94
113
95
97
106
117
134
163
180
221
350
466
656
882
882
Depreciation Expense
179
-86
-50
-203
-45
19
34
75
99
26
116
374
775
1,349
2,878
1,966
1,966
Net Income, GAAP
23.17
- -
- -
- -
- -
- -
- -
- -
2.1
71.91
23.18
23.71
20.58
22.36
20.23
23.15
23.15
Effective Tax Rate (%)
4.21
-3.89
-1.65
-9.3
-1.9
0.73
0.92
1.88
1.96
0.41
1.66
3.42
3.63
4.98
5.91
3.72
3.72
Profit Margin (%)
-114
52
71
173
-31
127
12
23
-121
-155
-33
598
948
4,423
17,778
11,995
11,995
Working Capital
283
289
280
462
399
422
484
796
501
704
899
1,852
2,566
2,551
2,536
2,111
2,111
LT Debt
454
1,474
1,425
1,224
1,179
1,196
1,232
1,308
1,690
1,762
1,925
3,123
3,959
10,381
28,282
30,486
30,486
Total Equity
31.33
- -
- -
- -
- -
5.02
4.66
5.26
6.26
2.44
6.96
9.86
13.97
13.29
14.21
6.69
6.69
Return on Invested Capital (%)
49.3
- -
- -
- -
- -
8.57
7.83
9.63
9.82
2.51
8.77
13.64
16.53
21.95
42.03
34.36
34.36
Return on Capital (%)
167.41
-35.14
-13.92
-87.21
-41.87
20
27.43
42.13
36.02
7.38
26.96
56.7
64.31
59.17
64.83
63.58
63.58
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
3,338
- -
3,854
LT Borrowings
1,725
- -
1,380
LT Finance Leases
841
- -
731
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
284
- -
285
Market Capitalization
142,046
164,879
136,370

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
29,444
- -
37,939
Cash, Cash Equivalents & STI
6,680
- -
5,566
Accounts Receivable, Net
6,133
- -
11,840
Inventories
13,638
- -
16,013
Total Current Liabilities
14,287
- -
25,945
Payables & Accruals
- -
- -
- -
ST Debt
3,338
- -
3,854
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
48.33%
86.29%
7.79%
Free Cash Flow
-92.93%
-121.11%
27.24%
Net Income, GAAP
98.73%
97.01%
-31.7%
Sales/Revenue/Turnover
37.88%
53.27%
8.59%
Total Cash Common Dividend
- -
- -
35.72%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,776
4,604
5,319
10,413
27,112
2025
13,207
6,713
9,677
19,099
48,695
2026
15,039
6,554
14,121
17,167
52,880

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.49
0.5
0.72
- -
5.47
2025
3.21
0.74
1.47
5.32
10.74
2026
2.37
0.09
2.18
2.27
6.91

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.2
2026
- -
- -
- -
- -
0.25
Business
PG Electroplast Limited, the flagship company of the PG Group founded in 1977 and formally incorporated in 2003, manufactures and assembles consumer electronic components and finished products as a leading Indian electronic manufacturing services provider specializing in original equipment manufacturing, original design manufacturing, and plastic injection molding; it offers plastic molding with over 500 advanced machines ranging from 90T to 2100T, sheet metal stamping, printed circuit board assemblies, polyurethane painting and powder coating, final product assembly, and tool manufacturing for air conditioner sub-assemblies and indoor units including heat exchangers, washing machines including semi-automatic models, LED televisions, air coolers, refrigerators, kitchen appliances such as juicers and mixer grinders, mobile handsets, LEDs, sanitaryware including thermoset toilet seats, bathroom fittings, DVD players, set-top boxes, automotive components, and point-of-sale devices. Headquartered in Greater Noida, India, with facilities in Noida, Greater Noida, Bhiwadi, Ahmednagar, Pune, and a new expansion site in Sri City, Andhra Pradesh, the company serves over 50 Indian and global brands in consumer electronics, home appliances, automotive, lighting, and payments technology sectors primarily in India with growing export potential. In recent developments, PG Electroplast entered the payments technology sector through a 2025 strategic manufacturing partnership with PAX India for point-of-sale devices with production commencing by year-end; acquired a 50-acre land parcel in Sri City, Andhra Pradesh via wholly owned subsidiary PG Technoplast for a Rs 1,000 crore integrated manufacturing campus focusing initially on a 1.2 million unit annual capacity refrigerator plant by December 2026; formed a joint venture with Goodworth Electronics in FY24 to expand TV and hardware business; commissioned a Bhiwadi AC unit and doubled capacities for air conditioners, washing machines, and air coolers; approved Rs 1,500 crore fundraising via qualified institutional placements; and reduced net debt by Rs 325 crore while allotting equity shares under employee stock option schemes.