PG Electroplast Limited — Investor Meet, 05-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

PG Electroplast reported strong Q3 FY26 results: consolidated revenue up 46% to INR 1,412 Cr, with ACs surging 80.5% and washing machines up 45%. Net profit was INR 60.3 Cr.

Management reiterated FY26 sales guidance of INR 5,700-5,800 Cr and INR 300 Cr profit, expecting a strong Q4. Capacity expansions for ACs, washing machines, and a new refrigerator plant are progressing. Despite high AC channel inventory, the company secured price increases for Jan/Feb dispatches to manage rising costs, focusing on 'per piece margin'. Outsourcing and strategic manufacturing hubs are key drivers, with a positive long-term market penetration view.