PGEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PG Electroplast Ltd reported a difficult Q4FY26 with revenue of INR 1,716.68 crore, down 10.1% YoY, while full-year FY26 revenue stood at INR 5,288.02 crore, up 8.6% YoY. However, Q4 EBITDA fell 43.2% to INR 131.54 crore and Q4 net profit dropped to INR 64.20 crore from INR 146.39 crore a year ago. FY26 net profit declined 33.5% to INR 193.60 crore. The company faced approximately INR 420 crore in revenue losses due to commercial LPG shortage (INR 300 crore impact), truck availability issues (INR 120 crore sales loss), and BEE rating transition causing excess channel inventory. Room AC revenue declined 12% YoY while washing machines grew 70% YoY. The company is building a refrigerator plant in Sri City and a rotary compressor facility at Supa, both targeted for 4QFY27.
The quarter was severely impacted by external factors including LPG shortage and logistics disruptions, leading to significant profit decline. While FY26 revenue grew modestly, profitability was deeply affected. The medium-term outlook remains positive with capacity expansion plans, though near-term growth may remain muted as channel inventory normalises.