PG Electroplast Limited has informed the Exchange regarding a press release dated August 08, 2025, titled "Challenging Environment, Long-Term Confidence Intact ".
PGEL · price
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Awaiting price reaction for this filing.
PG Electroplast reported Q1FY26 consolidated revenue of INR 1,503.85 crores, up 13.9% YoY, but net profit fell to INR 66.71 crores from INR 84.93 crores a year ago, a decline of about 21%. EBITDA rose modestly to INR 139.42 crores (up 3.6%). The Product business, contributing 77.1% of revenues, grew 16.7% YoY, with Washing Machines up 36.1% and Room ACs up 15.1%, while Coolers dipped 3.9% due to early monsoons. Capital efficiency stayed strong with RoCE of 25.2% and RoE of 13.6%. Management guided FY26 consolidated revenue of INR 5,700–5,800 crores (17–19% growth) and net profit of INR 300–310 crores, with capex of INR 700–750 crores for new facilities in Rajasthan, Greater Noida, South India, and Supa.
Short-term sentiment may be negative as net profit declined despite revenue growth, but management's reaffirmation of FY26 guidance and strong capital efficiency metrics support the long-term growth story. Stock may see muted reaction in the near term with focus shifting to execution of capacity expansion plans.