Quarterly Result27 May 2026, 08:41 pm
PG Electroplast FY26 Net Profit Down 33.5% to ₹193.6 Cr
AI Summary
PG Electroplast Ltd (PGEL) reported its audited financial results for the quarter and year ended March 31, 2026. The company faced challenges including early monsoon, GST cut announcement, and BEE rating transition impacting the Room AC industry. For FY26, revenue increased by 8.6% to ₹5,288.02 crore, but EBITDA decreased by 14.9% to ₹441.76 crore, and net profit declined by 33.5% to ₹193.60 crore. Q4 FY26 was particularly challenging due to weak Room AC demand and supply-side disruptions, leading to an estimated revenue loss of ₹420 crore and reduced PBT by nearly ₹60 crore.
Key Highlights
- FY26 revenue up 8.6% to ₹5,288.02 crore, but net profit declined 33.5% to ₹193.60 crore.
- Q4 FY26 revenue stood at ₹1,716.68 crore, down 10.1% year-on-year.
- EBITDA for Q4 FY26 declined 43.2% year-on-year to ₹131.54 crore.
- Room AC revenue declined 12% year-on-year to ₹1,210 crore in Q4 FY26.
- Forex loss of ₹38.77 crore in FY26 compared to a gain of ₹17.99 crore last year.
Price Impact
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