PG Electroplast: Q3 FY27 Revenue Surges 42.5% on Strong Demand

PG Electroplast announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a robust 42.5% YoY growth in revenues for the quarter, reaching INR 933.88 crores. EBITDA and Net Income also saw substantial increases, reflecting strong operational performance and market demand across its product segments.

PG Electroplast Reports Strong Financial Performance for Q3 FY27

PG Electroplast Ltd. (PGEL) has unveiled its unaudited financial results for the quarter and half-year ending September 30, 2026. The company showcased significant year-over-year (YoY) growth, underscoring its expanding market presence and operational efficiency.

Quarterly Results (Ended Sep 30, 2026)

For the quarter ended September 30, 2026, PG Electroplast reported impressive figures:

  • Revenues stood at INR 933.88 crores, marking a substantial growth of 42.5% compared to the same period last year.
  • EBITDA reached INR 69.14 crores, an increase of 54.8% from INR 44.68 crores in 2QFY26.
  • Net Income for the quarter was INR 13.67 crores, a significant jump from INR 2.76 crores in 2QFY26.

Half-Yearly Results (Ended Sep. 30, 2026)

The performance for the half-year also demonstrated strong upward momentum:

  • Net Sales for the period amounted to INR 2967.83 crores, representing a growth of 37.4% YoY.
  • EBITDA was recorded at INR 255.37 crores, up from INR 184.10 crores in 1HFY2026.
  • Net Income stood at INR 89.88 crores, compared to INR 69.74 crores in 1HFY2026.

Key Highlights and Future Outlook

The first half of FY27 has been a period of strong growth, with consolidated Half-yearly revenues crossing INR 2,950 crores for the first time in the company’s history. PG Technoplast, a wholly-owned subsidiary, reported revenues of INR 2,130.5 crores, with a healthy order book across all product categories. The company’s strategic priorities include R&D, new product development, backward integration, and capability enhancement. PG Electroplast anticipates increased opportunities from both existing and new clients, positioning itself strongly in India’s consumer durables and plastics ecosystem.

Source: BSE

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