PG Electroplast Limited — Investor Meet, 11-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

PG Electroplast's Q1 FY26 consolidated revenue rose 14% YoY to Rs. 1,504 Cr. AC sales grew 15%, washing machines 36%. Net profit dipped to Rs. 66.7 Cr due to an abrupt end to the AC season, leading to Rs. 1,000 Cr additional raw material inventory and higher financing costs. FY26 guidance is recalibrated: Standalone revenue Rs. 5,700-5,800 Cr, Net Profit Rs. 300-310 Cr. Management foresees short-term softness till November due to channel inventory but remains confident in long-term growth fueled by low product penetration and planned capacity expansions. Compressor JV delayed due to clearance issues.