BSE:533581

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PG Electroplast

Executive Summary

PG Electroplast Limited provides electronic manufacturing and plastic injection molding services for original equipment manufacturers in consumer electronics, sanitary ware products, and automotive industries in India and internationally.


Snowflake Analysis

Solid track record and fair value.

Share Price & News

How has PG Electroplast's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 533581's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

16.9%

533581

4.0%

IN Electronic

7.4%

IN Market


1 Year Return

-39.1%

533581

-4.6%

IN Electronic

-17.6%

IN Market

Return vs Industry: 533581 underperformed the Indian Electronic industry which returned -4.6% over the past year.

Return vs Market: 533581 underperformed the Indian Market which returned -17.6% over the past year.


Shareholder returns

533581IndustryMarket
7 Day16.9%4.0%7.4%
30 Day6.9%-0.4%6.7%
90 Day-29.2%-16.3%-11.1%
1 Year-39.1%-39.1%-3.5%-4.6%-16.0%-17.6%
3 Year-80.1%-80.1%46.9%41.8%-5.4%-10.4%
5 Year-55.2%-55.2%120.8%108.5%19.3%8.0%

Price Volatility Vs. Market

How volatile is PG Electroplast's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is PG Electroplast undervalued compared to its fair value and its price relative to the market?

6.16x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 533581's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 533581's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 533581 is good value based on its PE Ratio (6.2x) compared to the Electronic industry average (9.8x).

PE vs Market: 533581 is good value based on its PE Ratio (6.2x) compared to the Indian market (10.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 533581's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 533581 is good value based on its PB Ratio (0.4x) compared to the IN Electronic industry average (0.7x).


Next Steps

Future Growth

How is PG Electroplast forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.6%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as PG Electroplast has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has PG Electroplast performed over the past 5 years?

56.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 533581 has high quality earnings.

Growing Profit Margin: 533581's current net profit margins (1.9%) are higher than last year (1.4%).


Past Earnings Growth Analysis

Earnings Trend: 533581 has become profitable over the past 5 years, growing earnings by 56.3% per year.

Accelerating Growth: 533581's earnings growth over the past year (84.7%) exceeds its 5-year average (56.3% per year).

Earnings vs Industry: 533581 earnings growth over the past year (84.7%) exceeded the Electronic industry 13.9%.


Return on Equity

High ROE: 533581's Return on Equity (6.8%) is considered low.


Next Steps

Financial Health

How is PG Electroplast's financial position?


Financial Position Analysis

Short Term Liabilities: 533581's short term assets (₹1.8B) do not cover its short term liabilities (₹2.0B).

Long Term Liabilities: 533581's short term assets (₹1.8B) exceed its long term liabilities (₹642.6M).


Debt to Equity History and Analysis

Debt Level: 533581's debt to equity ratio (82%) is considered high.

Reducing Debt: 533581's debt to equity ratio has increased from 61.6% to 82% over the past 5 years.

Debt Coverage: 533581's debt is not well covered by operating cash flow (14.9%).

Interest Coverage: 533581's interest payments on its debt are not well covered by EBIT (3x coverage).


Balance Sheet


Next Steps

Dividend

What is PG Electroplast's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 533581's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 533581's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 533581's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 533581's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 533581's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Bhawa Choudhary (64yo)

0.50

Tenure

₹50,000

Compensation

Mr. Bhawa Nand Choudhary has been the Chief Operational Officer of PG Electroplast Limited since July 29, 2016, Executive Director and Managing Director since December 23, 2019 and served as its Chief Exec ...


Leadership Team

NamePositionTenureCompensationOwnership
Anurag Gupta
Chairman & Executive Director of Technical0.42yr₹7.78m12.42% 95.6m
Sanchay Dubey
Company Secretary & Compliance Officer2.17yrs₹306.77kno data
Vikas Gupta
Executive Director of Operations & Whole Time Director10.08yrs₹7.78m14.4% 110.8m
Vishal Gupta
Executive Director of Finance & Whole Time Director10.08yrs₹7.78m14.42% 111.0m
Bhawa Choudhary
MD, COO & Executive Director0.50yr₹50.00kno data
Praveen Agarwal
Chief Financial Officer0.58yrno datano data
Babita Singh
Head of Quality Assuranceno data₹255.00kno data
Bharat Batra
Head of Factory Operations - Unit-III and Manager no datano datano data
Vikas Koul
Factory Head - Unit-4no datano datano data

1.4yrs

Average Tenure

47yo

Average Age

Experienced Management: 533581's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Anurag Gupta
Chairman & Executive Director of Technical0.42yr₹7.78m12.42% 95.6m
Vikas Gupta
Executive Director of Operations & Whole Time Director10.08yrs₹7.78m14.4% 110.8m
Vishal Gupta
Executive Director of Finance & Whole Time Director10.08yrs₹7.78m14.42% 111.0m
Bhawa Choudhary
MD, COO & Executive Director0.50yr₹50.00kno data
Devendra Jha
Independent Non-Executive Director8.08yrs₹190.00kno data
Sharad Jain
Independent Non-Executive Director7.58yrs₹220.00kno data
Rita Mohanty
Independent Non-Executive Director5.42yrs₹140.00kno data
Pramod Gupta
Independent Non-Executive Director1.08yrs₹7.78mno data

6.5yrs

Average Tenure

53.5yo

Average Age

Experienced Board: 533581's board of directors are considered experienced (6.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.7%.


Top Shareholders

Company Information

PG Electroplast Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PG Electroplast Limited
  • Ticker: 533581
  • Exchange: BSE
  • Founded: 2003
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: ₹769.439m
  • Shares outstanding: 19.53m
  • Website: https://www.pgel.in

Number of Employees


Location

  • PG Electroplast Limited
  • P-4/2 to 4/6, Site-B
  • UPSIDC Industrial Area
  • Greater Noida
  • Uttar Pradesh
  • 201306
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533581BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2011
PGELNSEI (National Stock Exchange of India)YesEquity SharesININRSep 2011

Biography

PG Electroplast Limited provides electronic manufacturing and plastic injection molding services for original equipment manufacturers in consumer electronics, sanitary ware products, and automotive industries in India and internationally. The company manufactures and assembles a range of consumer electronic components and finished products, such as kitchen appliances, air conditioners and sub- assemblies, air coolers, washing machines, LED, and mobile handsets. It also offers small, medium, big sized, high-precision, and surface critical injection molded components; polymers for various hollow plastic products; moldings of thermoset polymers; printed circuit board assemblies for a range of applications, such as TV’s, energy meters, set top boxes, and multimedia speakers; and small to medium sized molds for a range of applications, including automotive industry, white goods, home and kitchen appliances, and lighting and electrical equipment industries, as well as LEDs for third parties. In addition, the company provides end-to-end assembly for set top boxes, washing machines, air coolers, and LED TV’s, as well as owns and operates automated painting shop. The company was founded in 2003 and is based in Greater Noida, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/04 13:27
End of Day Share Price2020/06/04 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.