PG Electroplast Ltd

Net profit of PG Electroplast declined 55.34% to Rs 64.86 crore in the quarter ended March 2026 as against Rs 145.23 crore during the previous quarter ended March 2025. Sales declined 10.11% to Rs 1716.68 crore in the quarter ended March 2026 as against Rs 1909.86 crore during the previous quarter ended March 2025. For the full year,net profit declined 31.70% to Rs 196.57 crore in the year ended March 2026 as against Rs 287.80 crore during the previous year ended March 2025. Sales rose 8.59% to Rs 5288.02 crore in the year ended March 2026 as against Rs 4869.53 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1716.681909.86 -10 5288.024869.53 9 OPM %6.9211.09 -7.329.94 - PBDT105.53198.63 -47 340.11430.31 -21 PBT81.82179.92 -55 251.94364.69 -31 NP64.86145.23 -55 196.57287.80 -32 Powered by Capital Market - Live

PG Electroplast announced that the Board of Directors of the Company at its meeting held on 27 May 2026, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

Revenue from operations dropped 10.11% YoY to Rs 1,716.67 crore in Q4 FY26. Profit before tax (PBT) stood at Rs 81.81 crore in Q4 FY26, down 54.53% YoY. EBITDA tumbled 43.2% YoY to Rs 131.54 crore duing the quarter, compared with Rs 231.72 crore posted in Q4 FY25. On segmental front, product business contributed Rs 1,412 crore, accounting for 82.2% of total revenue. Within the product portfolio, Room AC revenue declined 12% year-on-year to Rs 1,210 crore, while washing machines grew 70% year-on-year and coolers declined 10.8% year-on-year during the quarter. The electronics business contributed 6.8% of total quarterly revenue. Goodworth Electronics, the company's joint venture, reported revenue of Rs 155.1 crore in 4QFY26 compared with Rs 107.6 crore in 4QFY25, while EBITDA improved to Rs 6.19 crore from Rs 0.94 crore in the corresponding quarter last year. The company said that 4QFY26 was a highly challenging quarter, with weak Room AC demand and multiple supplyside disruptions materially affecting operating performance. January and February 2026 remained soft for the Room AC business due to elevated channel inventory following channel filling in December 2025 ahead of the BEE rating transition. This excess inventory weakened pricing power, while the full impact of commodity inflation and rupee depreciation could not be passed through, during the quarter, resulting in an estimated gross margin impact of nearly 250 basis points. March, typically the company's peak production month, was further disrupted by a shortage of commercial LPG arising from the Gulf conflict, affecting Room AC production to the extent of nearly Rs 300 crore. As production normalized in late March, the company also faced truck availability challenges, which resulted in an estimated sales loss of nearly Rs 120 crore. Taken together, these factors led to an aggregate revenue loss of approximately Rs 420 crore and reduced PBT by nearly Rs 60 crore during the quarter, as the company continued to incur most fixed and operating costs despite impaired production. The sales shortfall caused by truck unavailability also led to higher finished goods inventory and deferred certain dispatches into April. In addition, the sharp depreciation of the rupee in March led to mark-tomarket losses on foreign currency liabilities, resulting in a forex loss of Rs 38.77 crore in FY26, compared with a forex gain of Rs 17.99 crore in the corresponding year last year. On outlook front, the company aims to achieve industry-leading revenue growth, drive gradual margin expansion through operational efficiencies and operational leverage and maintain best-in-class capital efficiency through improved cash flows and balance sheet optimization PG Electroplast is one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India. The scrip rose 1.88% to end at Rs 476.05 on the BSE on Wednesday. The stock market remained closed today on account of Bakri Id.Powered by Capital Market - Live

PG Electroplast has revised the meeting of the Board of Directors which was scheduled to be held on 19 May 2026. The meeting will now be held on 27 May 2026.

PG Electroplast will hold a meeting of the Board of Directors of the Company on 19 May 2026.

PG Electroplast Ltd gained 8.37% today to trade at Rs 477.5. The BSE Consumer Durables index is up 4.81% to quote at 57069.58. The index is up 2.2 % over last one month. Among the other constituents of the index, Asian Paints Ltd increased 7.83% and Berger Paints India Ltd added 6.55% on the day. The BSE Consumer Durables index went up 6.96 % over last one year compared to the 4.13% surge in benchmark SENSEX. PG Electroplast Ltd has lost 8.6% over last one month compared to 2.2% gain in BSE Consumer Durables index and 0.36% drop in the SENSEX. On the BSE, 3440 shares were traded in the counter so far compared with average daily volumes of 3.38 lakh shares in the past one month. The stock hit a record high of Rs 1008 on 23 Apr 2025. The stock hit a 52-week low of Rs 436.85 on 06 Apr 2026.

Earlier this month, the company had informed that its room AC production was temporarily impacted due to constraints in LPG supply arising from geopolitical disruptions in the Middle East. The disruption was linked to supply restrictions from gas vendors amid ongoing regional instability. The company further said that it was constantly assessing the situation with respect to the above and was exploring the alternative energy sources for production. To ensure continued production/supplies to its customers, PGEL was able to identify and install at its production facilities alternative solution to LPG and post which the current Room AC production is almost normalized. With this current solution, the company has been able to address the LPG challenges to large extent for the time being, PGEL said in a statement. PG Electroplast is one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India. The company's consolidated net profit jumped 56.7% to Rs 61.96 crore in Q3 FY26, compared with Rs 39.54 crore in Q3 FY25. Net sales climbed 45.9% YoY to Rs 1,412.13 crore in Q3 FY26. Powered by Capital Market - Live

PG Electroplast (PGEL) has intimated to the stakeholder regarding the constraints being faced by the company in relation to the LPG Gas. The said communication was due to the constraints faced by gas suppliers restricting the supplies due to the recent ongoing war in the Middle East region, thus impacting the production of Room AC in some of the plants in the company. PGEL would like to bring to the attention of its stakeholders that company was constantly assessing the situation with respect to the above and was exploring the alternative energy sources for production. To ensure continued production/supplies to its customers, PGEL was able to identify and install at its production facilities alternative solution to LPG and post which the current Room AC production is almost normalized and with the current solution company has been able to address the LPG challenges to large extent for the time being. Powered by Capital Market - Live

Rain Industries Ltd, Tejas Networks Ltd, Sapphire Foods India Ltd and IDBI Bank Ltd are among the other losers in the BSE's 'A' group today, 09 March 2026.PG Electroplast Ltd crashed 13.19% to Rs 527.8 at 14:45 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 4.43 lakh shares were traded on the counter so far as against the average daily volumes of 1.06 lakh shares in the past one month.Rain Industries Ltd tumbled 12.30% to Rs 116.55. The stock was the second biggest loser in 'A' group.On the BSE, 2.48 lakh shares were traded on the counter so far as against the average daily volumes of 1.29 lakh shares in the past one month.Tejas Networks Ltd lost 9.30% to Rs 422.05. The stock was the third biggest loser in 'A' group.On the BSE, 12.1 lakh shares were traded on the counter so far as against the average daily volumes of 34.42 lakh shares in the past one month.Sapphire Foods India Ltd shed 9.28% to Rs 174.95. The stock was the fourth biggest loser in 'A' group.On the BSE, 17515 shares were traded on the counter so far as against the average daily volumes of 29804 shares in the past one month.IDBI Bank Ltd plummeted 8.59% to Rs 99.5. The stock was the fifth biggest loser in 'A' group.On the BSE, 13.29 lakh shares were traded on the counter so far as against the average daily volumes of 13.96 lakh shares in the past one month.Powered by Capital Market - Live

The company said that its gas supplier has informed it regarding a shortage of gas under its gas sale and purchase agreement. The said communication is due to the constraints faced by certain vessels arising from maritime navigation restrictions in light of the recent ongoing war in the Middle East region impacting the gas supply scenario, the availability of gas has become severely constrained. The company said that it is currently assessing the situation with respect to any supply curtailment that may need to be imposed on its downstream customers. However, it is exploring alternative sources/supplies for unaffected production. The company added that at this stage, the potential impact of the ongoing shortage situation cannot be quantified. It is closely monitoring developments. PG Electroplast is one-stop solution provider for Electronic Manufacturing Services (EMS) and contract manufacturing to most leading consumer durable and electronics brands in India. The company's consolidated net profit jumped 56.7% to Rs 61.96 crore in Q3 FY26, compared with Rs 39.54 crore in Q3 FY25. Net sales climbed 45.9% YoY to Rs 1,412.13 crore in Q3 FY26.Powered by Capital Market - Live