PG Electroplast Share Price

Audio Recording of Earnings Conference Call

• BSE India
• 1 day 8 hours ago

<h3><span style="font-size:16px;"><strong>Consumer Electronics company PG Electroplast announced Q1FY27 results</strong></span></h3> <p _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Consolidated Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Revenue from Operations:</strong> For Q1FY27, consolidated revenue from operations was Rs 2,03,395.74 lakh, representing a YoY increase of 35.25% from Rs 1,50,385.04 lakh in Q1FY26 and a QoQ growth of 18.48% from Rs 1,71,667.52 lakh in Q4FY26.</li> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Total Income:</strong> The total income for Q1FY27 stood at Rs 2,04,198.65 lakh, marking a 34.16% YoY growth over Rs 1,52,203.19 lakh in Q1FY26 and an 18.07% QoQ increase from Rs 1,72,946.48 lakh in Q4FY26.</li> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Profit Before Tax:</strong> The company reported a profit before tax of Rs 9,442.22 lakh in Q1FY27, up 11.50% YoY from Rs 8,468.27 lakh in Q1FY26 and up 15.41% QoQ from Rs 8,181.66 lakh in Q4FY26.</li> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Net Profit:</strong> Net profit for the period reached Rs 7,530.27 lakh in Q1FY27, a YoY growth of 12.88% compared to Rs 6,671.16 lakh in Q1FY26 and a 17.29% increase QoQ from Rs 6,420.00 lakh in Q4FY26.</li> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Total Comprehensive Income:</strong> This stood at Rs 7,656.65 lakh in Q1FY27, showing a 14.30% YoY increase from Rs 6,698.49 lakh in Q1FY26 and a 14.85% QoQ growth from Rs 6,666.72 lakh in Q4FY26.</li> </ul> <p _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Standalone Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Revenue from Operations:</strong> Standalone revenue for Q1FY27 was Rs 43,129.06 lakh, up 28.88% YoY from Rs 33,464.60 lakh in Q1FY26 and up 21.18% QoQ from Rs 35,590.34 lakh in Q4FY26.</li> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Total Income:</strong> Standalone total income was Rs 43,702.32 lakh in Q1FY27, representing a 23.29% YoY growth from Rs 35,447.21 lakh in Q1FY26 and an 18.68% QoQ increase from Rs 36,822.28 lakh in Q4FY26.</li> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Profit Before Tax:</strong> The standalone profit before tax was Rs 2,440.72 lakh in Q1FY27, which represents a YoY decrease of 41.86% from Rs 4,198.10 lakh in Q1FY26 and a QoQ decline of 14.97% from Rs 2,870.50 lakh in Q4FY26.</li> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Net Profit:</strong> Net profit after tax stood at Rs 1,820.54 lakh in Q1FY27, showing a YoY decline of 42.83% from Rs 3,184.52 lakh in Q1FY26 and a 15.72% drop QoQ from Rs 2,160.08 lakh in Q4FY26.</li> </ul> <p _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Business Highlights:</strong></p> <ul> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Expansion in Rajasthan:</strong> The company’s wholly owned subsidiary, PG Technoplast Private Limited, commenced operations in a new manufacturing unit in Salarpur, Rajasthan, as of September 30, 2026. This unit involves an investment of Rs 250 crore over a two-year span for manufacturing air coolers, moulds, dies, and plastic parts.</li> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">New Plant in Greater Noida:</strong> PG Technoplast also commenced operations at its new unit in the Delhi Mumbai Industrial Corridor (DMIC), Greater Noida, on August 31, 2026. This plant, requiring an investment of Rs 450 crore over 2-3 years, adds a production capacity of 1.8 million washing machines per year.</li> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Asset Sale and Relocation:</strong> The Board approved the sale of PGEL Unit 5 in Greater Noida to its subsidiary, PG Technoplast, for a cash consideration of Rs 14.49 crore. Operations from the Surajpur, Greater Noida unit are being relocated to Salarpur, Rajasthan, with an estimated closure date of September 30, 2026, to achieve operational efficiency.</li> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Utilization of Funds:</strong> During Q1FY27, the company utilized Rs 13,000.00 lakh from funds raised through Qualified Institutional Buyers (QIB), with cumulative utilization reaching Rs 1,44,535.11 lakh.</li> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Segment Performance:</strong> In accordance with Ind AS 108, both standalone and consolidated results indicate that the group operates under a single "Reportable Operating Segment".</li> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Equity Allotment:</strong> In Q1FY27, the company allotted 2,44,250 equity shares of face value Rs 1 each to the 'PG Electroplast Limited Employees Welfare Trust' under the PG Electroplast Employees Stock Options Scheme - 2020.</li> <li _ngcontent-ng-c2478508423=""><strong _ngcontent-ng-c2478508423="">Investment in Subsidiary:</strong> During Q1FY27, the company invested Rs 14,044.96 lakh in the equity shares of PG Technoplast Private Limited.</li> </ul> <p><strong>Vikas Gupta, Managing Director, said: </strong>“This has been a landmark quarter for PGEL, with consolidated revenues crossing INR 2,000 crores for the first time in our history. The broader industry is now coming out of a difficult stretch marked by successive demand and supply shocks, and the underlying indicators point to a genuine recovery. Given the relatively low penetration levels in core categories like Room ACs and Washing Machines, we see significant long-term headroom for growth.</p> <p>We remain focused on product innovation, capital-efficient expansion, and deepening our client partnerships, with investments in new platform development and capability enhancement across our core product lines progressing as planned. All capex decisions continue to be guided by sustainable profitability and long-term value creation.</p> <p>Our future outlook remains strong, and we are committed to building a resilient, high-performing organization.”</p> <p><a class="lb" href="/get-document/post/pdf/5770527/" target="_blank">Result PDF</a></p>

• Trendlyne
• 1 day 11 hours ago

Conference Call with PG Electroplast Management and Analysts on Q1FY27 Performance and Outlook. Listen to the <a href="https://youtu.be/XAcrCiq1oNM">full earnings transcript</a>. <br>

• Trendlyne
• 1 day 11 hours ago