# PG Electroplast (PGEL) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/pgel

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹546.15
- Change: -0.55%
- As of: 2026-11-06
- 1D return: -0.55%
- 5D return: +3.04%
- 1M return: +6.96%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

As of 2026-11-06, PGEL trades at ₹546.15, reflecting a mixed technical posture across timeframes. On the daily chart, price sits above all key moving averages and the Supertrend, with an ADX of 20.65 indicating developing trend strength. However, this bullish daily structure conflicts with the weekly view, where price is below the Supertrend and most SMAs, signaling a broader bearish bias despite a developing weekly trend (ADX 20.0). The monthly trend remains established bullish (ADX 34.15) with price above the Supertrend but below its moving averages.

Price positioning is critical: the stock is near the upper end of its 20-day range (+90.8%) but in the middle of its 252-day range (+52.7%). Immediate resistance lies at ₹549.02 (pivot), with further levels at ₹555.53 and ₹561.92. Support is found at ₹542.63, followed by ₹536.12 and ₹531.35. Recent anomalies include a high-severity downward gap on 2026-10-30 and an extreme volume surge on 2026-10-28. Volatility is elevated at +51.0% annualized, and the stock remains in a significant long-term drawdown of -46.6% from its available high.

Confirmation requires observing whether daily momentum can sustainably break above ₹549.02 against the weekly bearish pressure. Invalidation would occur if price closes below ₹542.63, reinforcing the weekly downtrend.

- Timeframe Conflict: Daily structure is bullish (price above MAs/Supertrend), while weekly is bearish (price below Supertrend/MAs); monthly remains broadly bullish.
- Key Levels: Resistance at ₹549.02 (pivot), ₹555.53, and ₹561.92; Support at ₹542.63, ₹536.12, and ₹531.35.
- Momentum & Volatility: ADX indicates developing trends on daily (20.65) and weekly (20.0) scales; annualized volatility is high at +51.0%.
- Range Position: Trading near the top of the 20-day range (+90.8%) but mid-range over 252 days (+52.7%), with a current drawdown of -46.6%.

- Doji
- Harami
- Outside Bar
- Inside Bar

### News Context

PG Electroplast reported unaudited financial results for the quarter and half-year ended September 30, 2026, on October 27, 2026. Consolidated revenue for Q2 FY27 reached ₹933.88 crore, a 42.5% year-over-year increase, while half-year net sales grew 37.4% to ₹2,967.83 crore. Net income stood at ₹13.67 crore for the quarter and ₹89.88 crore for the half-year. The company also disclosed operational expansions, including the commissioning of a washing machine facility in Greater Noida with a capacity of 1.8 million units per annum and the operational status of its Bhiwadi plastic components and coolers facility. Additionally, PGEL filed the transcript of its earnings conference call on November 4, 2026. As of November 6, 2026, the stock closed at ₹546.15, reflecting a significant long-term drawdown despite recent short-term gains.

- Q2 FY27 consolidated revenue rose 42.5% YoY to ₹933.88 crore, with half-year revenue up 37.4% to ₹2,967.83 crore.
- Half-year EBITDA was ₹255.37 crore (8.6% margin) and net income was ₹89.88 crore; standalone Q2 EBITDA was ₹69.14 crore.
- New manufacturing capacity is coming online: the Greater Noida washing machine plant (1.8 million units/year) is commissioned, and the Bhiwadi facility is operational.
- As of November 6, 2026, the stock traded at ₹546.15, with a YTD return of -5.7% and a maximum drawdown of -57.0%.

- PG Electroplast Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- PG Electroplast Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting
- PG Electroplast Limited has informed the Exchange regarding a press release dated October 27, 2026, titled "Advancing with Discipline and Confidence". |SUBJECT: Press Release
- PG Electroplast Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation
- Integrated Filing- Financials|Original|

### Official Filings

PG Electroplast Limited (PGEL) reported strong financial growth for the half-year ended September 30, 2026, with consolidated revenue rising 37.4% year-over-year to INR 2,967.83 crore and net income reaching INR 89.88 crore. The company is actively expanding its manufacturing footprint, having commissioned a washing machine facility in Greater Noida with a capacity of 1.8 million units per annum. A plastic components and coolers facility in Bhiwadi is also operational, expected to contribute from the third quarter of FY2027, while two additional facilities are slated for commercial production in the fourth quarter of FY2027.

On the governance front, PGEL’s step-down subsidiary, Next Generation Manufacturers Private Limited (NGM), appointed Mrs. Ruchika Bansal as a Non-Executive Independent Director for five years. Additionally, NGM replaced M/s. M.S. Barmecha & Co. with M/s. B S R & Co. LLP as its statutory auditor for a five-year term, citing alignment with the parent company’s auditors; this change is subject to shareholder approval. Financially, the company has utilized INR 13,000.00 lakhs from Qualified Institutions Buyers (QIB) proceeds during the period, bringing cumulative utilization to INR 144,535.11 lakhs against net proceeds of INR 147,755.93 lakhs.

- Half-year revenue grew 37.4% YoY to INR 2,967.83 crore, with EBITDA at INR 255.37 crore and net income at INR 89.88 crore.
- Manufacturing expansion continues: Greater Noida washing machine plant (1.8 million units/year) is online, Bhiwadi facility is operational, and two new facilities are targeted for Q4FY27.
- Step-down subsidiary NGM appointed Ruchika Bansal as Independent Director and replaced statutory auditors with B S R & Co. LLP (subject to shareholder approval).
- QIB fund utilization reached INR 144,535.11 lakhs out of INR 147,755.93 lakhs net proceeds, with INR 13,000.00 lakhs utilized in the current half-year.

- [PG Electroplast Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/PGEL_04112026104320_EarningCallTranscript.pdf)
- [PG Electroplast Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/PGEL_27102026192248_BSENSEOUTCOMEOFBM27102026.pdf)
- [PG Electroplast Limited has informed the Exchange regarding a press release dated October 27, 2026, titled "Advancing with Discipline and Confidence". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/PGEL_27102026193431_PressRelease27102026.pdf)
- [PG Electroplast Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/PGEL_27102026193105_InvestorPresentation27102026.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1747250_27102026083520_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1747249_27102026083445_WEB.xml)
- [PG Electroplast Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/PGEL_24102026120928_BSENSEEARNINGSCALL24102026.pdf)
- [PG Electroplast Limited has informed the Exchange regarding 'Outcome of Meeting of Board of Directors of Next Generation Manufacturers Private Limited ( NGM ) a Wholly Owned Step-Down Subsidiary of the company pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/PGEL_24102026130827_NGMOutcomeBM24102026.pdf)
- [PG Electroplast Limited has informed the Exchange about Resignation of Statutory Auditor |SUBJECT: Resignation of Statutory Auditor](https://nsearchives.nseindia.com/corporate/PGEL_ROSA_101476_KMP_Doc.zip)
- [PG ELECTROPLAST LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_5240_WebXMLFile_20261024_134145329.xml)

### Fundamentals

PG Electroplast is in a capital-intensive expansion phase, evidenced by rising borrowings and fixed assets, which has temporarily compressed near-term profitability despite strong sales growth. In Q2 FY2026-27, revenue fell sequentially to ₹934 crore from ₹2,034 crore in Q1, with net profit dropping to ₹13.7 crore from ₹76.2 crore. This sequential decline contrasts with a robust 42% year-on-year sales growth for the same quarter. The balance sheet reflects this investment cycle: borrowings increased to ₹799 crore as of Sep 2026, and fixed assets grew to ₹1,782 crore. Earnings quality shows volatility; CFO/EBITDA improved to 37% in Mar 2026 from negative levels in Mar 2025, but ROCE declined to 10% in Mar 2026 from 19% in prior years. Institutional ownership shifted significantly, with DIIs increasing their stake to 26.58% while promoter holding decreased to 43.2% as of Sep 2026.

- Q2 FY2026-27 revenue dropped sequentially to ₹934 crore from ₹2,034 crore in Q1, though YoY sales grew 42%; operating profit contracted to ₹14.9 crore from ₹94.4 crore in Q1.
- Balance sheet leverage increased with borrowings rising to ₹799 crore and fixed assets expanding to ₹1,782 crore by Sep 2026.
- Earnings conversion weakened significantly; CFO/EBITDA ratio fell to 37% in Mar 2026 from 83% in Mar 2024, and ROCE declined to 10%.
- Shareholding pattern shows DIIs increasing stake to 26.58% while promoter holding decreased to 43.2% as of Sep 2026.

### Bear Case

PG Electroplast’s technical setup as of 6 November 2026 presents a mixed but cautionary picture for investors, characterized by significant downside volatility and conflicting trend signals across timeframes. The stock closed at ₹546.15, down from the previous close of ₹549.15, with a high of ₹550.25 and low of ₹528.50. While the monthly trend remains bullish with an ADX of 34.15, the weekly trend has turned bearish, indicated by a Supertrend direction change and a negative EMA-20 slope of -13.32 over five periods. This divergence suggests weakening momentum on shorter horizons despite longer-term structural strength.

Risk metrics highlight substantial price instability. The annualized volatility stands at +51.0%, with a downside deviation of +37.3%, indicating that losses have been more frequent or severe than gains during volatile periods. The stock is currently in a maximum drawdown of -57.0% from its peak, and the current drawdown is -46.6%. Year-to-date returns are negative at -5.7%, and the one-year return is -0.7%, reflecting prolonged underperformance relative to recent highs. Resistance levels are immediate, with a pivot resistance just 0.52% above the current price at ₹549.02, suggesting limited upside room without a clear breakout catalyst.

- Weekly trend reversal: The weekly Supertrend has shifted to bearish with a negative EMA-20 slope (-13.32), contrasting with the monthly bullish bias, signaling short-to-medium term weakness.
- Elevated volatility and drawdown: Annualized volatility is +51.0% with a current drawdown of -46.6% and a maximum drawdown of -57.0%, highlighting significant capital erosion risk.
- Immediate resistance proximity: A pivot resistance level exists just 0.52% above the current price at ₹549.02, limiting near-term upside potential unless volume expands significantly.
- Prolonged negative performance: YTD returns are -5.7% and 1-year returns are -0.7%, indicating the stock has failed to recover from prior peaks despite some recent monthly gains.

- [PG Electroplast Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/PGEL_04112026104320_EarningCallTranscript.pdf)
- [PG Electroplast Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/PGEL_27102026192248_BSENSEOUTCOMEOFBM27102026.pdf)
- [PG Electroplast Limited has informed the Exchange regarding a press release dated October 27, 2026, titled "Advancing with Discipline and Confidence". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/PGEL_27102026193431_PressRelease27102026.pdf)
- [PG Electroplast Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/PGEL_27102026193105_InvestorPresentation27102026.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1747250_27102026083520_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1747249_27102026083445_WEB.xml)
- [PG Electroplast Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/PGEL_24102026120928_BSENSEEARNINGSCALL24102026.pdf)
- [PG Electroplast Limited has informed the Exchange regarding 'Outcome of Meeting of Board of Directors of Next Generation Manufacturers Private Limited ( NGM ) a Wholly Owned Step-Down Subsidiary of the company pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/PGEL_24102026130827_NGMOutcomeBM24102026.pdf)
- [PG Electroplast Limited has informed the Exchange about Resignation of Statutory Auditor |SUBJECT: Resignation of Statutory Auditor](https://nsearchives.nseindia.com/corporate/PGEL_ROSA_101476_KMP_Doc.zip)
- [PG ELECTROPLAST LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_5240_WebXMLFile_20261024_134145329.xml)

### FAQs

**What were PG Electroplast's key financial results for Q2 FY27 and the first half of FY27?**

For the quarter ended September 30, 2026, PG Electroplast reported consolidated revenue of ₹934 crore (up 42.5% YoY), EBITDA of ₹69.14 crore, and net income of ₹13.67 crore. For the half-year ended September 30, 2026, consolidated revenue reached ₹2,967.83 crore (up 37.4% YoY), with EBITDA at ₹255.37 crore and net income at ₹89.88 crore.

**What operational expansions has PG Electroplast completed or announced recently?**

The company’s washing machine facility at DMIC, Greater Noida, is now online with a capacity of 1.8 million machines per annum. The plastic components and coolers facility in Salarpur, Bhiwadi, is operational and expected to contribute from 3QFY2027. Management indicated that two new facilities are expected to begin commercial production in 4QFY27.

**How has PG Electroplast utilized its Qualified Institutions Buyers (QIB) proceeds?**

As of September 30, 2026, the company had utilized ₹13,000.00 lakhs from QIB proceeds during the six-month period. This brings the cumulative utilization to ₹144,535.11 lakhs against total net proceeds of ₹147,755.93 lakhs, indicating near-complete deployment of capital raised.

**What is the current technical price structure and trend for PG Electroplast shares?**

As of November 6, 2026, the stock closed at ₹546.15. Daily technical indicators show a bullish Supertrend direction, while the weekly trend is bearish. Key resistance levels are noted at ₹549.02 (pivot) and ₹555.53 (high), with support at ₹542.63 (low). The stock has experienced a maximum drawdown of -57.0% and an annualized volatility of +51.0%.

- [PG Electroplast Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/PGEL_04112026104320_EarningCallTranscript.pdf)
- [PG Electroplast Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/PGEL_27102026192248_BSENSEOUTCOMEOFBM27102026.pdf)
- [PG Electroplast Limited has informed the Exchange regarding a press release dated October 27, 2026, titled "Advancing with Discipline and Confidence". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/PGEL_27102026193431_PressRelease27102026.pdf)
- [PG Electroplast Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/PGEL_27102026193105_InvestorPresentation27102026.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1747250_27102026083520_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1747249_27102026083445_WEB.xml)
- [PG Electroplast Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/PGEL_24102026120928_BSENSEEARNINGSCALL24102026.pdf)
- [PG Electroplast Limited has informed the Exchange regarding 'Outcome of Meeting of Board of Directors of Next Generation Manufacturers Private Limited ( NGM ) a Wholly Owned Step-Down Subsidiary of the company pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/PGEL_24102026130827_NGMOutcomeBM24102026.pdf)
- [PG Electroplast Limited has informed the Exchange about Resignation of Statutory Auditor |SUBJECT: Resignation of Statutory Auditor](https://nsearchives.nseindia.com/corporate/PGEL_ROSA_101476_KMP_Doc.zip)
- [PG ELECTROPLAST LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_5240_WebXMLFile_20261024_134145329.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹549.02
- Risk regime: Higher Price Risk

### Support levels
- 531.35
- 515.95
- 506.4

### Resistance levels
- 580.815625
- 608.2750000000001
- 620.75

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.55% |
| return_10 | +16.19% |
| return_1m | +3.51% |
| return_1y | -0.72% |
| return_20 | +6.96% |
| return_3m | -10.43% |
| return_5 | +3.04% |
| return_6m | +0.30% |
| return_since_start | -46.65% |
| return_ytd | -5.67% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -56.96% |
| annualized_volatility | +50.96% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# PG Electroplast Limited FY2026-27 Q2: Revenue down 54% QoQ

PG Electroplast reported consolidated revenue from operations of ₹934 crore for the quarter ended 30 September 2026, down 54% from Q1 FY2026-27 but up 42% year on year. Profit for the period fell 82% sequentially to ₹13.7 crore, although it was higher than the ₹2.8 crore reported in Q2 FY2025-26.

## Revenue and expenses

Total income was ₹943 crore, including ₹9.4 crore of other income. Expenses declined 52% QoQ to ₹928 crore, less than the fall in revenue; profit before tax consequently fell 84% to ₹14.9 crore from ₹94.4 crore in Q1 FY2026-27.

Materials consumed were ₹743 crore, employee benefit expense ₹61.1 crore, other expenses ₹44.9 crore and depreciation ₹28.2 crore. Other expenses declined 21% QoQ to ₹44.9 crore. Finance costs fell 26% to ₹26.1 crore from ₹35.3 crore in Q1, but remained 56% above the ₹16.7 crore in Q2 FY2025-26.

## Profit, tax and EPS

Profit from continuing operations was ₹9.1 crore, with ₹4.6 crore from associates and joint ventures. Tax expense was ₹5.8 crore, comprising current tax of ₹8.1 crore and a deferred tax credit of ₹2.2 crore. Profit before tax was above the ₹6.3 crore recorded in Q2 FY2025-26, while profit for the period rose from ₹2.8 crore a year earlier.

Basic EPS was ₹0.47, down from ₹2.67 in Q1 FY2026-27 and up from ₹0.09 in Q2 FY2025-26. Comprehensive income was ₹13.2 crore, including other comprehensive loss of ₹0.49 crore.

## Balance sheet and investment base

At 30 September 2026, cash and cash equivalents were ₹20.1 crore, down from ₹31.6 crore at 31 March 2026. Other bank balances were ₹402 crore, compared with ₹358 crore at the March year-end. Trade receivables fell to ₹801 crore from ₹1,184 crore, and inventories to ₹1,353 crore from ₹1,601 crore.

Property, plant and equipment increased to ₹1,777 crore from ₹1,535 crore at 31 March, while capital work in progress rose to ₹364 crore from ₹312 crore. Current borrowings increased to ₹492 crore from ₹385 crore and noncurrent borrowings to ₹222 crore from ₹211 crore. Equity attributable to owners of the parent was ₹3,148 crore, up from ₹3,049 crore.

## Key Takeaway

Q2 showed year-on-year growth in revenue and profit, but a sharp sequential reversal from Q1: revenue fell 54% and profit for the period 82%. Expenses contracted less than revenue, while the company’s property, plant and equipment and capital work in progress increased; cash balances declined and borrowings rose. The divergence between the year-on-year improvement and steep QoQ drop, alongside the larger investment base, is central to assessing the company’s subsequent earnings performance.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +43.20%
- FII holding: +8.72%
- DII holding: +26.58%
- Mutual fund holding: +21.43%
- Retail holding: +15.15%
- Promoter pledged: +0.00%

### Major reported shareholders

- VISHAL GUPTA — +15.97%
- VIKAS GUPTA — +15.84%
- ANURAG GUPTA — +8.58%
- ICICI PRUDENTIAL FLEXI CAP FUND — +5.64%
- MOTILAL OSWAL NIFTY SMALLCAP 250 ETF — +3.44%
- NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIF — +2.30%
- FRANKLIN INDIA FLEXI CAP FUND — +2.11%
- NEELU  GUPTA — +1.79%
- AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F — +1.64%
- ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED — +1.46%

## Official filings

- 2026-11-04 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_04112026104320_EarningCallTranscript.pdf)
- 2026-10-27 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_27102026192248_BSENSEOUTCOMEOFBM27102026.pdf)
- 2026-10-27 — Press Release: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_27102026193431_PressRelease27102026.pdf)
- 2026-10-27 — Earnings Presentation: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_27102026193105_InvestorPresentation27102026.pdf)
- 2026-10-27 — Financial Results Filing: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1747250_27102026083520_WEB.xml)
- 2026-10-27 — Financial Results Filing: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1747249_27102026083445_WEB.xml)
- 2026-10-24 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_24102026120928_BSENSEEARNINGSCALL24102026.pdf)
- 2026-10-24 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_24102026130827_NGMOutcomeBM24102026.pdf)
- 2026-10-24 — Management Change: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_ROSA_101476_KMP_Doc.zip)
- 2026-10-24 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_5240_WebXMLFile_20261024_134145329.xml)
- 2026-10-20 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_5240_WebXMLFile_20261020_133303850.xml)
- 2026-10-20 — Board Meeting Notice: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_5240_WebXMLFile_20261020_133303850.xml)
- 2026-10-20 — Board Meeting Notice: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_20102026133131_PriorIntimation20102026.pdf)
- 2026-10-10 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_10102026150018_Reg74_5_10102026.pdf)
- 2026-10-10 — Shareholding Disclosure: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1735493_10102026064831_WEB.xml)
- 2026-09-30 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_30092026192923_VotingResult29092026.pdf)
- 2026-09-29 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_29092026175426_ProccedingsAGM29092026.pdf)
- 2026-09-21 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_21092026122140_InvestorGroupIntimation21092026.pdf)
- 2026-09-21 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_21092026123551_TWC21092026.pdf)
- 2026-09-21 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_5240_WebXMLFile_20260921_124123159.xml)
- 2026-09-07 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_07092026175521_IntimationofNewspaperPublication.pdf)
- 2026-09-07 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_07092026181922_InlandLetterIntimation.pdf)
- 2026-09-05 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_05092026125223_BRSR05092026.pdf)
- 2026-09-05 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_05092026122934_AGMNOTICE05092026.pdf)
- 2026-09-05 — Generic Announcement: PG Electroplast Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PGEL_05092026125843_TDSDISCLOSURE05092026.pdf)

## News and market events

- 2026-10-29 — MONEYCONTROL: **PG Electroplast Q2 FY27: Strong growth, but new capacity must deliver** — [Source](https://www.moneycontrol.com/news/business/moneycontrol-research/pg-electroplast-q2-fy27-strong-growth-but-new-capacity-must-deliver-14063068.html)
- 2026-10-28 — CNBC-TV18: **PG Electroplast share price gains nearly 2% after Q2 results beat, but concerns remain** — PG Electroplast's headline numbers were ahead of expectations during the September quarter. However, gross debt has seen an increase due to capacity expansion plans while higher commodity costs impacted gross margins. — [Source](https://www.cnbctv18.com/market/pg-electroplast-share-price-reaction-q2-results-revenue-margin-beat-payables-debt-increase-cash-falls-outlook-capacity-expansion-20020813.htm)
- 2026-10-27 — CNBC-TV18: **Q2 Results LIVE Updates: Six Nifty 50 stocks including Maruti, Bajaj Auto report today; Paytm reacts** — Q2 Results LIVE Updates: Six Nifty 50 components, including Maruti Suzuki, Bajaj Auto, L&T, Cipla, will be reporting their September quarter results, along with names like ACC, PG Electroplast, Mazagon Dock and Indus Towers. Watch this space for all the LIVE Q2 result updates. — [Source](https://www.cnbctv18.com/market/q2-results-live-updates-bajaj-auto-maruti-lt-tata-steel-cipla-sbi-life-acc-indus-towers-maz-dock-pg-electroplast-sail-tata-cap-vedanta-isl-share-price-liveblog-20019855.htm)
- 2026-10-05 — Mint: **Power & Electrical Equipment stocks rise | What’s driving CESC, TD Power, RR Kabel Transformers & Rectifiers?** — Shares of CESC, Transformers & Rectifiers, RR Kabel, PG Electroplast, and TD Power Systems rose on Monday, driven by company-specific developments and broader market recovery. Key movers include TD Power Systems and Transformers & Rectifiers, which benefit from strong orders and technical momentum. — [Source](https://www.livemint.com/market/stock-market-news/power-stocks-surge-what-s-behind-cesc-transformers-rectifiers-rr-kabel-pg-electroplast-td-power-systems-rally-11791190120645.html)
- 2026-09-25 — BUSINESS: **Nifty above 23,050; consumer durables share in demand** — At 11:30 IST, the barometer index, the S&P BSE Sensex, jumped 123.52 points or 0.17% to 73,708.59. The Nifty 50 index rose 16 points or 0.07% to 23,077.55. — [Source](https://www.business-standard.com/markets/capital-market-news/nifty-above-23-050-consumer-durables-share-in-demand-126092500375_1.html)
- 2026-09-17 — BUSINESSTODAY: **Cochin Shipyard, KRBL, RITES, Ramky Infrastructure among stocks to turn ex-dividend on September 18** — ex-dividend stocks, dividend stocks, Cochin Minerals & Rutiles, KRBL, RITES, Ramky Infrastructure, LT Foods, PG Electroplast, Victoria Mills, Sharda Motor Industries, Gujarat Alkalies, Gujarat Intrux, Creative Castings, Lakshmi Mills, Fluidomat, Garden Reach Shipbuilders, dividend September 18 2026 — [Source](https://www.businesstoday.in/markets/stocks/story/cochin-shipyard-krbl-rites-ramky-infrastructure-among-stocks-to-turn-ex-dividend-on-september-18-556225-2026-09-17)
- 2026-08-27 — Economic Times: **These 19 Indian stocks turned into tenbaggers in 5 years: Peter Lynch’s rules to find the next** — Over the last five years, various Indian stocks have reached extraordinary tenbagger returns, including remarkable surges in GE Vernova T&D and BSE shares, which soared by over two thousand percent. Other notable firms like Apar Industries and Zen Technologies also reported impressive growth. Noted investor Peter Lynch suggests that understanding your investments and maintaining them for the long haul can yield fruitful results. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/these-19-stocks-turned-into-tenbaggers-in-5-years-peter-lynchs-rules-to-find-the-next/articleshow/133556335.cms)
- 2026-08-21 — Times of India: **Top stocks to buy today: Stock market recommendations for August 21, 2026 - check list** — img border="0" hspace="10" align="left" style="margin-top:3px;margin-right:5px;" src="https://timesofindia.indiatimes.com/photo/133392017.cms" /Stock market recommendations: DLF, PG Electroplast Ltd, and Sansera Engineering - these are the top stocks to buy identified by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One for August 20, 2026. Let’s take a look: — [Source](https://timesofindia.indiatimes.com/business/india-business/top-stock-recommendations-for-august-21-2026-dlf-pg-electroplast-ltd-sansera-engineerng-stocks-to-buy-today/articleshow/133392017.cms)
- 2026-08-10 — BUSINESSTODAY: **Syrma SGS, PG Electroplast and Dixon: ICICI Direct bets on three EMS stocks** — ICICI Direct EMS picks, Pankaj Pandey stocks, EMS stocks India, Sharma stock outlook, PG Electroplast outlook, Dixon Technologies outlook, electronic manufacturing services India, ODM space India, consumer durables stocks, festive season demand stocks, mobile manufacturing India, Vivo JV approval Dixon, ECMS scheme impact, midcap earnings India, smallcap earnings India, Q1 earnings winners, Indian manufacturing stocks, electronics sector stocks, Dalal Street stock picks, Business Today market news — [Source](https://www.businesstoday.in/markets/stocks/story/syrma-sgs-pg-electroplast-and-dixon-icici-direct-bets-on-three-ems-stocks-548335-2026-08-10)
- 2026-08-07 — CNBC-TV18: **Earnings Central: SBI, Titan, Oil India and Hindalco lead a busy Friday** — SBI set the pace, while Titan beat estimates on profit and margins despite a revenue miss. Hindalco kept the momentum going, while Oil India, Raymond, Ola Electric and Jyoti CNC added their own twists to Friday's earnings. — [Source](https://www.cnbctv18.com/market/earnings/earnings-central-sbi-titan-oil-india-and-hindalco-q1-results-lead-a-busy-friday-19964546.htm)
- 2026-08-07 — CNBC-TV18: **PG Electroplast shares spike after earnings concall with analysts** — Check out the highlights from PG Electroplast's management commentary during the earnings call. — [Source](https://www.cnbctv18.com/market/pg-electroplast-share-price-q1-result-reaction-earnings-call-fy27-growth-outlook-margins-rac-products-biz-impact-19964014.htm)
- 2026-08-07 — CNBC-TV18: **Q1 Results LIVE Updates: Hero MotoCorp shares rise nearly 4%: Siemens Energy gains over 12%** — Q1 Results LIVE Updates: Three Nifty 50 companies, SBI, Hindalco and Titan, as well as Kaynes Tech, BEML, Aarti Pharmalabs, Azad Engineering, Godrej Consumer, JK Tyre, Jubilant Pharmova, Maharashtra Seamless, Lemon Tree Hotels, Oil India, PFC, ABB India, Poly Medicure, Ramco Cements, Prism Johnson, Raymond, Raymond Realty, Ratnamani Metals & Tubes, among other companies are reporting their earnings today. Earnings reactions come from LIC, Hero MotoCorp, PG Electroplast, Britannia, Sonata Software and other companies. Watch this space for all the LIVE result updates for Q1. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-sbi-hindalco-titan-lic-pg-electroplast-hero-britannia-pfc-abb-beml-kaynes-fortis-azad-engg-share-price-liveblog-19963817.htm)
- 2026-08-07 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: Nifty Auto rises 300 points; Samvardhana, Hero top gainers** — Sensex Today | Stock Market Live Updates: The market is moving on a cautious note, while holding key levels, as the Nifty remains above 24,600 as it looks to move ahead. The Nifty Bank is down close to 200 points, falling below the 57,900 mark. Tech Mahindra, TCS and HCLTech are the top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-cas-tata-hero-pgel-lic-sci-sbi-ncc-premier-crompton-midcaps-share-price-liveblog-19963799.htm)
- 2026-07-30 — Mint: **Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 30 July 2026** — Breakout stocks to buy or sell: Sumeet Bagadia recommends five breakout stocks to buy today — Gland Pharma, PG Electroplast, Morepen Laboratories, Allied Blenders & Distillers, and Hexaware Technologies. — [Source](https://www.livemint.com/market/stock-market-news/breakout-stocks-to-buy-or-sell-sumeet-bagadia-recommends-five-shares-to-buy-today-30-july-2026-11785372561351.html)
- 2026-07-22 — Mint: **Top Gainers & Losers on 22 July: Bandhan Bank, PG Electroplast, Lupin, Delhivery, Voltas, IndiGo among top losers** — The Indian stock market faced heightened sell-off on July 22, with the Nifty 50 closing 0.77% lower amid ongoing Middle East tensions and concerns over US tariffs on pharmaceuticals. Broader markets fell over 1%, with Nifty Media and Nifty Pharma facing significant declines. — [Source](https://www.livemint.com/market/stock-market-news/top-gainers-losers-on-22-july-bandhan-bank-pg-electroplast-lupin-delhivery-voltas-indigo-among-top-losers-11784713647070.html)

## Business profile

**Strategic vision:** Manufactures consumer durables and electronics for brands.

### Business segments
- **Consumer Durables and Electronics Manufacturing:** The company manufactures a diverse portfolio of consumer electronics and durables, including Air Conditioners, Washing Machines, LED Televisions, and Air Coolers.
- **Electronic Manufacturing Services (EMS):** PG Electroplast provides Original Design Manufacturing (ODM) and Original Equipment Manufacturing (OEM) services for leading Indian and global brands.

### Competitive strengths
- Diversified manufacturing capabilities
- Integrated manufacturing services

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/pgel
Markdown representation: https://faxioms.com/stocks/pgel?render=md