PG Electroplast Limited — PPTs, 27-05-2026: Investor Presentation

**Business Performance:** PGEL reported FY26 revenue of INR 5288 Cr, up 8.6% YoY, though Q4 revenue declined 10.1% to INR 1716.7 Cr. Full-year PAT dropped 33.5% to INR 193.6 Cr, with Q4 PAT down 56.1% to INR 64.2 Cr. This was mainly due to cost inflation, higher commodity prices, and negative operating leverage. The Product business grew 14.3% to over INR 4000 Cr, driven by 51.5% growth in Washing Machines and 9.3% in Room AC.

**Growth Drivers or Strategy:** The company is pursuing organic growth by ramping up capacities, backward integration, and increasing value addition. Key priorities for FY27 include improving capital efficiency and accelerating growth initiatives, with a strong focus on R&D and new product development.

**Recent Developments:** PG Technoplast, a 100% subsidiary, exceeded INR 3942 Cr in revenue. NGM’s Bhiwadi AC Unit became operational during Q4 FY26, contributing to production.

**Key Financial Metrics:** Cash & Equivalents decreased to INR 389 Cr. Capital expenditure was INR 785 Cr, leading to a net debt of INR 110.3 Cr. Return on Capital Employed (RoCE) and Return on Equity (RoE) declined to 13.3% and 6.6% respectively.

**Management Commentary / Outlook:** Management sees a robust order book for the product business and anticipates strong growth in FY27. They are optimistic about overall industry opportunities, focusing on working capital optimization, developing new offerings, and achieving gradual margin improvement through better operational efficiencies.