PG Electroplast Limited — Updates, 08-08-2025: Press Release

PGEL reported Q1 FY26 revenues of 1,503.85 Cr (+13.9% YoY) and net profit of 66.71 Cr. The quarter was challenging due to early monsoons impacting summer product sales, though Washing Machines grew significantly by 36.1% YoY. Management remains confident in long-term potential due to low market penetration. For FY26, PGEL targets consolidated revenues of 5,700–5,800 Cr and net profit of 300–310 Cr. The company plans substantial capex of 700–750 Cr for capacity expansion in Room ACs and Washing Machines, and new facilities. Capital efficiency remains robust.