PGELNSEPG Electroplast Limited· Consumer DurablesHighNeutral
Announced Mon, 12 May · 14:37 IST

PG Electroplast Limited has informed the Exchange that Board of Directors at its meeting held on May 12, 2025, recommended Final Dividend of 0.25 per equity share.

Revenue Growth 20pctPat Growth 25pctResults RestatedExceptional ItemNegative Operating CashflowResults View source PDF

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AI summary

PG Electroplast Limited announced audited financial results for Q4 and FY ended March 31, 2025. On a standalone basis, revenue grew modestly to Rs. 1,486.76 crore (vs Rs. 1,417.72 crore in FY24, ~4.9% growth), while PAT rose to Rs. 84.71 crore (vs Rs. 78.05 crore, ~8.5% growth). On a consolidated basis, revenue surged to Rs. 4,869.53 crore (from Rs. 2,746.20 crore, ~77% growth) and PAT jumped to Rs. 281.80 crore (from Rs. 111.90 crore, ~152% growth), largely reflecting the consolidation of subsidiaries PG Technoplast, PG Plastronics, Next Generation Manufacturing, and the Goodworth JV, plus a Rs. 1,500 crore QIB fundraise completed in December 2024 at Rs. 699/share. The Board recommended a final dividend of Rs. 0.25 per equity share (25% on face value of Rs. 1). Mr. Anurag Gupta was reappointed as Chairman and Whole Time Director for 3 years from July 15, 2025. Company Secretary Mr. Sanchay Dubey resigned (citing internal restructuring) and Mr. Deepesh Kedia was appointed as his replacement. Statutory auditors S S Kothari Mehta & Co LLP issued an unmodified opinion on both standalone and consolidated results.

Likely market impact

The doubled consolidated PAT and strong revenue growth reflect successful scaling via acquisitions and the recent QIB fundraise, but the jump is largely inorganic rather than from core business momentum (standalone growth is far more modest). The small final dividend of Rs. 0.25 per share is symbolic given the post-split share price. Investors should note the consolidated operating cash flow turned negative (Rs. -70.59 crore vs positive Rs. 188.46 crore prior year), signaling working capital and capex-related cash absorption that warrants close monitoring.