PG Electroplast Limited (PGEL) AI Stock Analysis

• Market Cap: ₹170.21B
• Dividend Yield: 0.08%
• Average Volume (3M): 206.81K
• Price to Earnings (P/E): 65.8
• Beta (1Y): 2.01
• Revenue Growth: 39.89%
• EPS Growth: 22.90%
• Country: IN
• Employees: 1,462
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.10
• Shares Outstanding: 285,318,660
• 10 Day Avg. Volume: 328,021
• 30 Day Avg. Volume: 206,814
• PEG Ratio: 0.89
• Price to Book (P/B): 8.70
• Price to Sales (P/S): 5.05
• P/FCF Ratio: -43.55
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ₹623.00 ▼(-0.56% Downside)

PG Electroplast Limited shows strong financial performance with robust revenue growth and profitability, which is the most significant factor in its score. Technical analysis reveals short-term bullish momentum but longer-term bearish trends. The stock appears overvalued with a high P/E ratio and low dividend yield, which negatively impacts its valuation score.

Positive Factors

Revenue Growth

The company's robust revenue growth indicates strong market demand and effective business strategies, positioning it well for continued expansion.

Profit Margin Improvements

Sustained profit margin improvements reflect efficient cost management and pricing power, enhancing long-term profitability and competitiveness.

Debt Management

Improved debt management enhances financial stability and reduces risk, providing the company with greater flexibility to invest in growth opportunities.

Negative Factors

Cash Flow Challenges

Past cash flow challenges may limit the company's ability to invest in growth initiatives and respond to market changes, impacting long-term sustainability.

Valuation Concerns

High valuation may limit future stock price appreciation and attract scrutiny, potentially impacting investor sentiment and capital raising ability.

Dividend Yield

A low dividend yield may deter income-focused investors, affecting the stock's attractiveness and potentially limiting its investor base.

PG Electroplast Limited Business Overview & Revenue Model

Company Description

PG Electroplast Limited provides electronic manufacturing and plastic injection moulding services for original equipment and design manufacturers in India and internationally. The company offers parts of air-conditioners, air coolers, washing machines, refrigerators, ceiling fan parts, automobile parts, sanitary ware products, etc.; printed circuit board assemblies for LED TVs, set top boxes, energy meters, etc.; assembly and manufacturing of set top boxes, washing machines, air conditioners, air-coolers and LED TVs, etc.; and AC components. It also provides small, medium, large sized, high-precision, and surface critical injection molded components; polymers for various hollow plastic products; moldings of thermoset polymers; and small and medium sized tools for applications in the automotive, white goods, home and kitchen appliances, lighting, and electrical equipment industries. In addition, the company offers assembly services for products, such as set top boxes, air conditioners, washing machines, air coolers, and UF toilet seats, as well as owns and operates PU paint shop. PG Electroplast Limited was incorporated in 2003 and is based in Greater Noida, India.

How the Company Makes Money

PG Electroplast Limited generates revenue through multiple streams, primarily by manufacturing and selling plastic components and electronic assemblies to various industries such as consumer electronics and automotive. The company's revenue model is based on contracts with both original equipment manufacturers (OEMs) and direct sales to customers. Key revenue streams include bulk orders for plastic parts, assembly services, and customized solutions for specific client needs. Strategic partnerships with major brands enhance PGEL's market presence and contribute to steady income. Additionally, the company invests in research and development to create innovative products that meet evolving market demands, further driving revenue growth.

PG Electroplast Limited Financial Statement Overview

Summary

PG Electroplast Limited exhibits strong financial growth and profitability, with impressive revenue and profit margin improvements. The balance sheet reflects a stable and growing equity position, with effective debt management. Despite past cash flow challenges, recent improvements in free cash flow generation suggest a more positive outlook.

Income Statement

PG Electroplast Limited has demonstrated strong revenue growth, with a significant increase from 2024 to 2025. Gross profit and net profit margins are healthy, indicating strong profitability. EBIT and EBITDA margins are robust, showcasing efficient operational management. The steady improvement in these metrics over the years highlights a solid upward trajectory in financial performance.

Balance Sheet

The company maintains a healthy equity ratio, indicating a solid financial foundation. The debt-to-equity ratio has improved, reflecting effective debt management. Return on equity is strong, showing efficient use of shareholders' capital. The consistent growth in stockholders' equity and assets over the years suggests financial stability and growth potential.

Cash Flow

While operating cash flow has fluctuated, there is a notable improvement in free cash flow generation over the past year. The negative free cash flow in prior years indicates historical cash flow challenges, but recent trends show progress. The operating cash flow to net income ratio suggests potential for future cash flow stabilization.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	50.53B	48.70B	27.46B	21.60B	11.12B	7.03B
Gross Profit	9.86B	9.60B	5.30B	3.95B	2.27B	1.46B
EBITDA	4.39B	4.56B	2.51B	1.75B	887.82M	487.44M
Net Income	2.71B	2.88B	1.35B	774.69M	374.15M	116.12M
Balance Sheet
Total Assets	0.00	51.21B	23.08B	15.08B	10.69B	5.79B
Cash, Cash Equivalents and Short-Term Investments	9.80B	9.80B	1.55B	663.86M	425.10M	174.10M
Total Debt	0.00	3.84B	4.35B	5.77B	3.99B	1.88B
Total Liabilities	-28.28B	22.93B	12.70B	11.12B	7.56B	3.87B
Stockholders Equity	28.28B	28.28B	10.38B	3.96B	3.12B	1.92B
Cash Flow
Free Cash Flow	0.00	-5.65B	-404.67M	-1.09B	-2.37B	130.90M
Operating Cash Flow	0.00	-765.86M	1.86B	457.38M	-794.29M	569.78M
Investing Cash Flow	0.00	-12.01B	-4.01B	-1.73B	-1.61B	-434.16M
Financing Cash Flow	0.00	13.29B	2.34B	1.12B	2.57B	-174.32M

PG Electroplast Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 626.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PGEL, the sentiment is Neutral. The current price of 626.5 is above the 20-day moving average (MA) of 585.62, above the 50-day MA of 574.38, and below the 200-day MA of 682.36, indicating a neutral trend. The MACD of 11.26 indicates Negative momentum. The RSI at 53.60 is Neutral, neither overbought nor oversold. The STOCH value of 57.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:PGEL.

PG Electroplast Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WELSPUNLIV	72 Outperform	₹118.60B	33.30	―	1.25%	-5.37%	-49.71%
PGEL	68 Neutral	₹170.21B	65.75	―	0.08%	39.89%	22.90%
VGUARD	67 Neutral	₹138.02B	47.45	―	0.45%	6.34%	-2.25%
ZYDUSWELL	66 Neutral	₹141.63B	55.89	―	0.28%	14.55%	-20.61%
EMAMILTD	64 Neutral	₹222.99B	29.41	―	1.91%	0.84%	-2.44%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
CROMPTON	57 Neutral	₹162.23B	34.31	―	1.16%	0.73%	-5.88%

PG Electroplast Limited Corporate Events

PG Electroplast Addresses Inaccuracies in Financial Health Report

PG Electroplast Limited has issued a clarification regarding an article published on the HDFC Sky platform that raised concerns about the company’s financial health. The company asserts that the article contains inaccuracies and does not accurately reflect its financial position or operational performance. PG Electroplast emphasizes its compliance with disclosure requirements and the accuracy of its audited financial statements. The company has requested HDFC Securities to review and correct the inaccuracies and reserves the right to take legal action to protect its reputation.