PG Electroplast Limited (PGEL) AI Stock Analysis

• Market Cap: ₹146.16B
• Dividend Yield: 0.09%
• Average Volume (3M): 386.98K
• Price to Earnings (P/E): 53.0
• Beta (1Y): 1.78
• Revenue Growth: 49.07%
• EPS Growth: 36.05%
• Country: IN
• Employees: 1,462
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 2.40
• Shares Outstanding: 284,075,650
• 10 Day Avg. Volume: 121,376
• 30 Day Avg. Volume: 386,976
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹547.00
• Price Target Upside: 6.32% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 57 Neutral
• Price Target: ₹547.00 ▲(6.32% Upside)

The overall stock score is primarily influenced by strong financial performance, with notable improvements in revenue and profit margins. However, the stock's technical indicators suggest bearish momentum and oversold conditions, which weigh heavily on the score. Additionally, the high P/E ratio indicates that the stock may be overvalued, further impacting the overall assessment.

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 primarily through its comprehensive manufacturing services. The company offers plastic injection moulding, assembly, and electronic manufacturing solutions to various industries, with a focus on consumer electronics and home appliances. Key revenue streams include contract manufacturing for major brands, production of plastic components for electronic devices, and providing integrated solutions from design to assembly. Additionally, PGEL benefits from strategic partnerships with leading electronic brands, enabling it to secure long-term contracts and stable income sources.

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 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	48.70B	49.05B	21.60B	27.46B	10.94B	7.01B
Gross Profit	9.00B	10.12B	3.95B	5.39B	1.83B	1.25B
EBITDA	4.93B	5.19B	1.80B	2.57B	936.55M	515.64M
Net Income	2.88B	2.88B	774.69M	1.35B	374.16M	116.12M
Balance Sheet
Total Assets	51.21B	51.21B	15.08B	23.08B	10.69B	5.79B
Cash, Cash Equivalents and Short-Term Investments	9.80B	9.80B	663.86M	1.55B	425.10M	116.61M
Total Debt	3.84B	3.84B	5.77B	4.35B	4.01B	1.88B
Total Liabilities	22.93B	22.93B	11.12B	12.70B	7.56B	3.87B
Stockholders Equity	28.28B	28.28B	3.96B	10.38B	3.12B	1.92B
Cash Flow
Free Cash Flow	0.00	-5.65B	-1.09B	-404.67M	-2.37B	130.90M
Operating Cash Flow	0.00	-765.86M	457.38M	1.86B	-794.29M	569.78M
Investing Cash Flow	0.00	-12.01B	-1.73B	-3.99B	-1.61B	-434.16M
Financing Cash Flow	0.00	13.29B	1.12B	2.83B	2.57B	-174.32M

PG Electroplast Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 514.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PGEL, the sentiment is Negative. The current price of 514.5 is below the 20-day moving average (MA) of 558.49, below the 50-day MA of 627.52, and below the 200-day MA of 786.43, indicating a bearish trend. The MACD of -18.72 indicates Negative momentum. The RSI at 28.62 is Positive, neither overbought nor oversold. The STOCH value of 5.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PGEL.

PG Electroplast Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZYDUSWELL	73 Outperform	₹153.21B	46.84	6.12%	0.25%	10.63%	7.53%
EMAMILTD	66 Neutral	₹244.94B	29.77	29.93%	1.43%	4.06%	10.78%
CROMPTON	66 Neutral	₹188.47B	35.79	16.40%	1.02%	1.99%	10.81%
WELSPUNLIV	65 Neutral	₹111.79B	20.53	13.26%	1.46%	2.37%	-22.53%
VGUARD	64 Neutral	₹161.76B	56.00	14.95%	0.40%	8.75%	-1.44%
PGEL	57 Neutral	₹146.16B	52.95	―	0.09%	49.07%	36.05%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

PG Electroplast Limited Corporate Events

PG Electroplast Releases Earnings Call Recording for Q2 2025

PG Electroplast Limited announced the availability of the audio recording from its recent earnings conference call, which discussed the company’s financial performance for the quarter ending June 30, 2025. This release is part of the company’s commitment to transparency and provides stakeholders with insights into its financial health and strategic direction.

PG Electroplast Ltd. Reports Resilient Q1 Results Amid Challenging Conditions

PG Electroplast Ltd. reported its unaudited financial results for the quarter ended June 30, 2025, showing a revenue increase of 13.9% year-over-year to INR 1,503.85 crores. Despite a challenging quarter due to early monsoons affecting summer product sales, the company remains optimistic about long-term growth prospects, driven by low market penetration in core categories and continued investments in new product development and capacity expansion. The company is committed to maintaining capital efficiency and sustainable profitability, with plans to expand its Room AC, Washing Machine, and Cooler segments.