PG Electroplast Ltd
NSE: PGEL · Consumer Electronics · sector
₹475.00NSE close 2026-10-26
Key numbers
Market cap₹13,565 cr
Price₹475.00
52w high / low₹644 / ₹437
P/E65.9xSector median 14.6x
P/B4.5xSector median 2.4x
Book value₹106.8
Dividend yield0.05%Sector median 0.17%
ROE7.0%Sector median 13.9%
ROCE10.0%Sector median 12.0%
OPM7.1%Sector median 6.8%
Debt / equity0.20xSector median 0.13x
EV/EBITDA33.3xSector median 12.2x
Interest cover3.5x
Current ratio1.47x
Sales growth 3y+34.8%Sector median +16.4%
Profit growth 3y+36.4%Sector median +36.4%
PEG2.68x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 14 companies in Consumer Electronics (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹389 cr vs borrowings ₹597 cr (FY26): borrowings are higher by ₹207 cr.
- Operating profit covered interest 3.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY23, FY22).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 22% of net profit in the last 12 months.
- Dividend paid in 2 of the last 5 financial years.
- Price ₹475.00 on 2026-10-26: -26.3% from the 52-week high, +8.8% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,016.65 · low ₹458.60
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 671 | 968 | 1,910 | 1,504 | 655 | 1,412 | 1,717 | 2,034 |
| EBITDA | 56 | 85 | 212 | 121 | 30 | 117 | 119 | 148 |
| OPM % | 8.4% | 8.8% | 11.1% | 8.1% | 4.6% | 8.3% | 6.9% | 7.3% |
| Other income | 4 | 7 | 20 | 18 | 15 | 9 | 13 | 8 |
| Net profit | 19 | 40 | 145 | 67 | 3 | 62 | 65 | 76 |
| EPS (₹) | 0.74 | 1.47 | 5.32 | 2.37 | 0.09 | 2.18 | 2.27 | 2.67 |
| Revenue YoY | -2.4% | +45.9% | -10.1% | +35.3% | ||||
| Profit YoY | -85.7% | +56.7% | -55.3% | +13.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,098 | 2,160 | 2,746 | 4,870 | 5,288 | 5,818 |
| EBITDA | 75 | 176 | 262 | 484 | 387 | 414 |
| Net profit | 37 | 77 | 135 | 288 | 197 | 206 |
| EPS (₹) | 1.81 | 3.58 | 5.47 | 10.74 | 6.91 | 7.21 |
| Revenue growth | +96.8% | +27.2% | +77.3% | +8.6% | +15.2% | |
| Profit growth | +107.0% | +74.1% | +113.3% | -31.7% | -24.1% | |
| Dividend / share (₹) | – | – | – | 0.20 | 0.25 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +34.8% | +49.7% | +15.1% |
| Net profit | +36.4% | +76.1% | -24.1% |
| EPS | +24.5% | +63.3% | – |
| Share price | – | -8.4% (2y) | -15.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 396 | 1,038 | 2,828 | 3,049 |
| Borrowings | – | 543 | 361 | 302 | 597 |
| Cash & equivalents | – | 40 | 182 | 980 | 389 |
| Total assets | – | 1,508 | 2,308 | 5,121 | 5,947 |
| Fixed assets | – | 577 | 781 | 1,134 | 1,535 |
| Capital work in progress | – | 2 | 63 | 74 | 312 |
| Investments | – | 2 | 6 | 8 | 11 |
| Receivables | – | 438 | 553 | 980 | 1,184 |
| Inventory | – | 353 | 543 | 1,316 | 1,601 |
| Payables | – | 390 | 646 | 1,374 | 1,757 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -79 | 46 | 186 | -77 | 66 |
| Cash from investing | -161 | -173 | -399 | -1,201 | -198 |
| Cash from financing | 257 | 112 | 234 | 1,329 | 82 |
| Capex | 157 | 155 | 227 | 488 | 785 |
| Free cash flow | -237 | -109 | -41 | -565 | -719 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 19.6% | 13.0% | 10.2% | 6.4% |
| ROCE % | – | 15.5% | 16.3% | 14.5% | 9.7% |
| Debtor days | – | 74 | 73 | 73 | 82 |
| Inventory days | – | 73 | 90 | 123 | 134 |
| Payable days | – | 81 | 107 | 129 | 147 |
| Cash conversion cycle (days) | – | 66 | 56 | 67 | 69 |
| Working capital days | – | 16 | 59 | 133 | 84 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 43.20% |
| FIIs | 8.72% |
| DIIs | 26.59% |
| of which Mutual funds | 21.43% |
| of which Insurance | 2.39% |
| Government | 0.00% |
| Public (non-institutions) | 21.37% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 49.37% | 49.37% | 43.72% | 43.60% | 43.41% | 43.41% | 43.37% | 43.20% |
| Promoter group | % |
|---|---|
| Vishal Gupta | 15.97% |
| Vikas Gupta | 15.84% |
| Anurag Gupta | 8.58% |
| Neelu Gupta | 1.79% |
| Nitasha Gupta | 0.55% |
| Sarika Gupta | 0.43% |
| Pranav Gupta | 0.01% |
| Aditya Gupta | 0.01% |
| Vatsal Gupta | 0.00% |
| Raghav Gupta | 0.00% |
| Shraddha Gupta | 0.00% |
| Vrinda Gupta | 0.00% |
| Sudesh Gupta | 0.00% |
| Public holders above 1% | % |
|---|---|
| ICICI Prudential Flexi CAP Fund | 5.64% |
| Motilal Oswal Nifty Smallcap 250 ETF | 3.44% |
| Nippon Life India Trustee Ltd-a/c Nippon India NIF | 2.30% |
| Franklin India Flexi CAP Fund | 2.11% |
| Axis Mutual Fund Trustee Limited A/C Axis Mutual F | 1.64% |
| ICICI Prudential Life Insurance Company Limited | 1.46% |
| BNP Paribas Financial Markets | 1.06% |
2,08,164 shareholders. Pledged: 0.00% of promoter shares.
Peers in Consumer Electronics
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| DIXON | ₹68,194 cr | 32.5x | 14.6x | 48.8% | 52.1% | 3.6% | +58.9% | 0.17% |
| HAVELLS | ₹63,381 cr | 38.1x | 6.5x | 18.0% | 22.5% | 8.9% | +10.0% | 0.99% |
| PGEL | ₹13,565 cr | 65.9x | 4.5x | 7.0% | 10.0% | 7.1% | +34.8% | 0.05% |
| IKIO | ₹1,266 cr | 25.9x | 2.1x | 8.0% | 11.4% | 13.7% | +18.4% | 0.00% |
| ONIDA | ₹930 cr | – | 3.9x | -42.0% | -19.3% | -9.4% | -15.9% | – |
| SMAART | ₹348 cr | 14.1x | – | – | – | – | – | – |
| VETO | ₹231 cr | 8.4x | 0.8x | 9.8% | 12.5% | 9.9% | +9.9% | 0.83% |
| BPL | ₹190 cr | – | 0.8x | -6.0% | -3.4% | -13.7% | +14.4% | – |
| NANTA | ₹119 cr | 14.6x | 2.7x | 18.2% | 24.8% | 16.4% | – | – |
| CWD | ₹115 cr | 51.5x | 1.4x | 19.8% | 29.2% | 15.4% | +84.1% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-18 | Dividend | Dividend - Re 0.25 Per Share |
| 2025-09-19 | Dividend | Dividend - Rs 0.25 Per Share |
| 2024-09-23 | Dividend | Dividend - Rs 0.20 Per Share |
| 2024-07-10 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
| 2023-09-22 | Other | Annual General Meeting |
| 2022-09-22 | Other | Annual General Meeting |
| 2021-09-21 | Other | Annual General Meeting |
| 2020-09-21 | Other | Annual General Meeting |
| 2019-07-31 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-18 | Other | Annual General Meeting |
| 2016-09-15 | Other | Annual General Meeting |
| 2015-09-16 | Other | Annual General Meeting |
| 2014-07-31 | Other | Annual General Meeting |
| 2013-09-19 | Other | Annual General Meeting |
| 2012-09-06 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Manufacturing of Air Conditioners, Washing Machines, LED TVs, Air Coolers, Automotive Components, Bathroom Fittings and Consumer Electronics and its components for OEM/ODM industry.
| Sector | Consumer Discretionary |
| Industry | Consumer Electronics |
| Sub-industry | Consumer Electronics |
| Symbol | PGEL |
| BSE code | 533581 |
| ISIN | INE457L01029 |
| Face value | ₹1.0 |
| Incorporated | 2003-03-17 |
| Website | www.pgel.in |
| Plants (India / abroad) | 11 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.