PG Electroplast (PGEL) announced its unaudited financial results for the quarter ended December 31, 2025. The company reported revenue of ₹1,412.1 crores, a 45.9% increase compared to the same quarter last year. EBITDA stood at ₹126.1 crores, marking a 36.5% rise. The company reaffirmed its focus on growth and efficiency improvements. Key priorities include R&D and new product development.
Financial Performance
PG Electroplast (PGEL) has released its unaudited financial results and investor presentation for Q3 FY2026, showcasing significant growth in revenue and profitability. Here are the key highlights:
- Sales: ₹1,412.1 crores, a 45.9% increase compared to ₹967.7 crores in Q3 FY2025.
- EBITDA: ₹126.1 crores, up by 36.5% from ₹92.4 crores in Q3 FY2025.
- PAT: ₹60.3 crores, reflecting a 50.3% increase year-over-year.
- 9M FY2026 Sales: ₹3,571.4 crores, a 20.7% increase compared to ₹2,959.7 crores in the same period last year.
Expenditure Analysis
Here’s a look at the key expenditure metrics:
- Cost of Raw Material (CoRM): 81.9% of operating revenues in Q3 FY2026, compared to 78.5% in Q3 FY2025.
- Employee Expenses: 5.6% of operating revenues in Q3 FY2026, down from 6.9% in Q3 FY2025.
Strategic Highlights and Outlook
PGEL is focused on organic growth, capacity expansion, and backward integration. The company highlighted the following strategic points:
- Growth Strategy: Pursuing an organic growth strategy by increasing capacities in each product segment to achieve higher value addition.
- Subsidiary Performance: PG Technoplast, a 100% subsidiary, crossed ₹2,573 crores in revenue for the nine-month period.
- Capex: All capex plans for FY2026 are on track.
Guidance for FY26
The company provided the following guidance for FY26:
- Consolidated Sales: Expected to be in the range of ₹5,700-5,800 crores, a growth of 17-19% over FY25.
- Net Profit: Projected to be in the range of ₹300-310 crores.
- Goodworth Electronics: Revenue expected at ₹850 crores.
Source: BSE
