PG Electroplast Ltd

PG Electroplast announced that ICRA has assigned credit ratings as follows: Long term fund based limits (Rs 40 crore) - ICRA A+; Stable Short term non fund based limits (Rs 63 crore) - ICRA A1 Powered by Capital Market - Live

Net profit of PG Electroplast declined 85.72% to Rs 2.76 crore in the quarter ended September 2025 as against Rs 19.33 crore during the previous quarter ended September 2024. Sales declined 2.37% to Rs 655.37 crore in the quarter ended September 2025 as against Rs 671.30 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales655.37671.30 -2 OPM %4.598.40 - PBDT27.9745.51 -39 PBT6.3230.06 -79 NP2.7619.33 -86 Powered by Capital Market - Live

PG Electroplast has allotted 6,13,000 equity shares under ESOS on 13 November 2025. With this allotment, the paid up equity share capital has increased to Rs. 28,49,64,158/- divided into 28,49,64,158 Equity Shares of face value of Rs.1/- each. Powered by Capital Market - Live

PG Electroplast will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live

PG Electroplast, through its Wholly Owned Subsidiary PG Technoplast (PGTL) announced the acquisition of a 50-acre land parcel in Sri City, Andhra Pradesh. This marks a landmark moment for the PG Group, as it establishes the company's first facility in South India and represents its largest land acquisition to date. At the outset, PGEL plans to invest around Rs 1,000 crore in developing this state-of-the-art integrated manufacturing campus over the next 5 years. Strategically located near Chennai port, the facility will not only strengthen PGEL's pan-India manufacturing footprint but also support long-term export opportunities. The first phase will focus on a refrigerator plant with an annual capacity of 1.2 million units, with commercial production expected by December 2026. The site is also being designed to accommodate future expansion into air conditioners, washing machines, and other home appliances and electronics. The facility is expected to generate over 500 jobs in the region in the first phase and further contribute to Andhra Pradesh's industrial growth and India's vision of Atmanirbhar Bharat. Powered by Capital Market - Live

PG Electroplast announced that the Annual General Meeting(AGM) of the company will be held on 29 September 2025.Powered by Capital Market - Live

PG Electroplast announced that the board of PG Technoplast (Wholly Owned Subsidiary of the Company) in its meeting held today i.e. 28 August 2025 has appointed Girish Chander as Chief Executive Officer (CEO) with effect from 29 August 2025. Powered by Capital Market - Live

PG Electroplast has received affirmation in credit ratings from CRISIL at CRISIL A+; Negative/ CRISIL A1 for bank facilities of Rs 310 crore of PG Electroplast and bank facilities of Rs 661.27 crore of its wholly owned subsidiary of PG Technoplast. Powered by Capital Market - Live

Under the arrangement, PGEL will produce PAX-branded POS devices at its existing facilities, with production expected to begin by the end of this year. The agreement marks PGEL's entry into the payments and fintech hardware segment, expanding its presence beyond consumer electronics into high-growth digital infrastructure solutions. Vikas Gupta, managing director of operations of PG Electroplast, said, 'We are proud to partner with PAX, a global leader in POS devices, to bring advanced digital payment solutions to India under the Make in India initiative. With this partnership, PGEL becomes one of the very few companies in India to manufacture POS devices, further diversifying our portfolio and reinforcing our commitment to scaling EMS in high-growth technology categories.' Sanjeev Sandhu, CEO of PAX India, said, 'India is one of the fastest-growing digital payments markets in the world, and we are committed to serving it with world-class, locally manufactured POS solutions. Partnering with PG Electroplast allows us to strengthen our presence in India by combining PAX's technology leadership with PGEL's proven manufacturing expertise. This collaboration enables our Indian customers to benefit from greater reliability and scalability through local manufacturing.' The stock has climbed 17.17% over the past four sessions from its recent closing low of Rs 486.10 on 13 August 2025. PG Electroplast is a trusted one-stop solution provider for electronic manufacturing services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India. The company has one of the biggest capacities in plastic injection molding and has capabilities across the value chain in original equipment manufacturing (OEM) and original design manufacturing (ODM) products like washing machines, room ACs, air coolers, and LED TVs. The company's consolidated net profit fell 19.97% to Rs 66.98 crore in Q1 FY26 as against Rs 83.70 crore posted in Q1 FY25. Despite the fall in profit, revenue from operations rose 13.86% year-on-year (YoY) to Rs 1,503.85 crore for the quarter ended 30 June 2025.Powered by Capital Market - Live

PG Electroplast (PGEL) announced that it has signed a definitive agreement with PAX India, a subsidiary of PAX Global Technology, to manufacture Point-of-Sale (POS) devices in India. Under the arrangement, PGEL will manufacture PAX-branded POS devices at its existing facilities, with production slated to begin by the end of this year. This agreement marks PGEL's entry into the payments and financial technology hardware segment, expanding its presence beyond consumer electronics into high-growth digital infrastructure solutions.Powered by Capital Market - Live