PG Electroplast Limited has released its investor presentation regarding the unaudited financial results for the quarter and half-year ended September 30, 2025. The presentation details the company’s performance, key financial metrics, and future outlook. Revenue reached ₹655.37 crores for the quarter, and the company is navigating short-term challenges while remaining confident in long-term growth. Focus remains on key industries served and strategic growth initiatives.
Company Overview
PG Electroplast Limited (PGEL) is a flagship company of PG Group, established in 2003, and is a leading Electronic Manufacturing Services provider specializing in Original Design Manufacturing (ODM) and Original Equipment Manufacturing (OEM). They offer One Stop Solutions to 70+ leading Indian and Global brands with 11 manufacturing units across India.
Financial Performance
For the quarter ended September 30, 2025 (Q2 FY26):
- Revenue: ₹655.37 crores, a slight decrease of 2.4% YoY.
- EBITDA: ₹44.68 crores, a decrease of 26.2% YoY.
- PBT: ₹6.32 crores, a significant decrease of 79.0% YoY.
For the half-year ended September 30, 2025 (H1 FY26):
- Revenue: ₹2159.22 crores, an increase of 8.4% YoY.
- EBITDA: ₹184.10 crores, a decrease of 5.6% YoY.
- PBT: ₹91.00 crores, a decrease of 30.6% YoY.
Key Financial Ratios
- Fixed Asset Turns: 5.04
- Average Receivables Days: 39.28
- Average Inventory Days: 88.52
- Cash Conversion Cycle: 63.93
Business Verticals
- Product Business: Includes room air conditioners, washing machines, and more.
- Plastic Moulding and Others: Consumer durables, sanitaryware, automotive, consumer electronics.
- Electronics: Televisions and PCB assemblies.
Future Outlook and Guidance
For FY26, PG Electroplast provides the following guidance:
- Consolidated sales: Expected to be in the range of ₹5700-5800 crores, a growth of 17-19%.
- Net profit: Expected to be in the range of ₹300-310 crores.
- Capex for FY26: Estimated in the range of ₹700-750 crores for expansions.
The company aims to improve profitability through operational efficiencies, reinvest in strategic capabilities, and maintain a strong engagement with both existing and new clients. While navigating near-term challenges, they remain confident in the long-term growth trajectory.
Source: BSE
