PG Electroplast reported a robust performance for the second quarter of FY2027, with sales increasing by 42.5% to ₹933.88 crore. EBITDA saw a significant jump of 54.8% to ₹69.14 crore. The company also highlighted ongoing expansion projects, including new facilities for washing machines and plastic components, expected to contribute from 4QFY27 and 3QFY27 respectively.
PG Electroplast Reports Strong Q2 FY27 Results
PG Electroplast Limited has announced its financial results for the second quarter and the first half of the financial year 2027 (ending September 30, 2026). The company demonstrated significant growth across key financial metrics, underscoring its strong market position and operational execution.
Key Financial Highlights (Q2 FY27 vs. Q2 FY26)
- Sales: Increased by 42.5% to ₹933.88 crore, up from ₹655.37 crore in the prior year’s quarter.
- EBITDA: Grew by 54.8% to ₹69.14 crore, compared to ₹44.68 crore in Q2 FY26.
- PBT: Jumped by 136.3% to ₹14.94 crore from ₹6.32 crore.
- Net Income: Experienced a substantial growth of 395.2%, reaching ₹13.67 crore from ₹2.76 crore.
- Margins: EBITDA margin improved to 7.4% from 6.8%, and PBT margin rose to 1.6% from 1.0%.
First Half FY27 Performance
For the first half of FY27, PG Electroplast also witnessed impressive growth:
- Sales: Increased by 37.4% to ₹2967.83 crore.
- EBITDA: Rose by 22.4% to ₹225.37 crore.
- Net Income: Grew by 28.9% to ₹89.88 crore.
Expansion and Future Outlook
The company is actively pursuing expansion initiatives. New facilities for Washing Machine manufacturing in Greater Noida and a plastic component & Coolers facility at Salarpur, Bhiwadi, are expected to commence commercial production in 4QFY27 and 3QFY27, respectively. These expansions are poised to enhance manufacturing capabilities and contribute to future revenue streams. The management expresses optimism for exciting times ahead, focusing on controlling expenses, long-term resilience, and capital efficiency, alongside strategic priorities in R&D, product development, and backward integration.
Source: BSE
