PG Electroplast Ltd. share price target

About the stock: PG Electroplast (PGEL) is a diversified electronics manufacturing services (EMS) and plastic injection moulding company with strong footholds across consumer durables space, including Room air conditioners (RAC) with early teens market share, washing machines (WM), TVs and automotive parts, serving as both...

Q4FY26 revenue declined 10% YoY, missing estimates by 20%, as March production was impaired by LPG crisis and logistics disruptions

A 27.5% EBITDA miss was driven by LPG shortage and truck availability issue, alongside RM inflation, operating deleverage and forex loss.

Gross margin fell by 338 bps YoY to 18.2%, primarily due to the adoption of SAP, which reclassified certain costs as raw materials instead of other expenses. Meanwhile, the EBITDA margin slipped slightly by 53 bps YoY...

PGEL delivered earnings beat vs estimates; revenue grew 46% YoY, led by the Products business (+70% YoY)

PGEL has grown more than 10x in eight years, from a revenue of Rs 2,630 Mn in
FY16 to Rs 27,470 Mn in FY24 at a 34% CAGR. The company is seeing increased interest from both new and existing clients, and we remain very confident about the future growth prospects of the business.

PGEL's revenue, earning grew at CAGR of 21%, 16% respectively in FY18-21 led by addition of new customers (into product division) and wallet share gains from exisiting customers. The EBITDA margin increased by 100 bps to 7.1% during the same period lifted by positive operating leverage and sharp growth in relatively...

PG Electroplast Limited (PGE L) is a diversified Electronic Manufacturing Services and Plastic Injection Mo ulding company catering to leading OEMs in Cons umer Electronics and Automotive Industry. PGEL specializes in turnkey solutions as an EMS for P CB Assemblies, full product assembly , plastic injection molding and engineering services for Consumer Electronics, Home and Kitchen...