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PG ELECTROPLAST LTD. Q1 FY26 Results

PGELQ1 FY26 Results
Filing
MetricValue ( Cr)vs Q4 FY25
Revenue1.5K21.3%
Total Income1.5K21.1%
Expenditure1.4K17.9%
PBT84.6852.9%
Net Profit66.9853.9%
OPM8.06%3.03pp
NPM4.40%3.13pp
EPS2.3755.5%
View full financials

PG Electroplast Reports Q1FY26 Results: Revenue Up 13.9% YoY, EBITDA Grows 3.6% YoY

08 Aug 2025 · 8 Aug 2025, 02:03 pm

Summary

PG Electroplast Ltd. (PGEL) reported its unaudited financial results for the quarter ended June 30, 2025. Despite a challenging quarter due to early monsoons, the company's revenues stood at INR 1,503.85 crores, up 13.9% YoY. EBITDA grew by 3.6% YoY to INR 139.42 crores. The Product business contributed 77.1% of overall revenues, growing 16.7% YoY. The Electronics business contributed 4.3% of total revenues. The company plans to invest in capacity expansion for RACs and Washing Machines to support future growth.

Key Highlights

  1. 1

    Revenues crossed INR 1,500 crores, with the Product business contributing INR 1,159 crores.

  2. 2

    PGEL’s 100% subsidiary, PG Technoplast, reported revenues of INR 1,211 crores.

  3. 3

    New product launches received encouraging customer response.

  4. 4

    Capital efficiency remains strong with RoCE at 25.2% and RoE at 13.6%.

  5. 5

    FY2026 Consolidated Revenues expected at INR 5,700—5,800 crores.

  6. 6

    FY2026 Net Profit Guidance: INR 300-310 crores.

  7. 7

    Goodworth Electronics Revenue Guidance: INR 850 crores.

  8. 8

    Product business expected to grow 17%—21%.

  9. 9

    FY2026 Capex expected to be INR 700-750 crores.

Management Comments

V

Vishal Gupta

Managing Director — Finance

The early arrival of the monsoon impacted seasonal sales for Room ACs, but underlying demand indicators remain robust. We see significant long-term potential given the relatively low penetration levels in core categories like Room ACs and Washing Machines. We remain focused on product innovation, capital efficient expansion, and deepening client partnerships.

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