PG Electroplast Limited

BSE:533581 Stock Report

Market Cap: ₹160.6b

PG Electroplast Past Earnings Performance

Past criteria checks 1/6

PG Electroplast has been growing earnings at an average annual rate of 45.3%, while the Electronic industry saw earnings growing at 29.8% annually. Revenues have been growing at an average rate of 37.4% per year. PG Electroplast's return on equity is 6.4%, and it has net margins of 3.7%.

Key information

45.27%

Earnings growth rate

39.95%

EPS growth rate

Electronic Industry Growth28.76%
Revenue growth rate37.40%
Return on equity6.45%
Net Margin3.72%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 25

533581: 2026 Board Meetings And Dividend Plans Will Shape Measured Repricing Outlook

The analyst price target for PG Electroplast has been adjusted modestly higher to ₹607.56 from ₹593.22, with analysts citing changes in fair value estimates, the discount rate, and forward P/E assumptions as the key factors behind the revision. What's in the News PG Electroplast has recommended a final dividend at 25%, equal to ₹0.25 per equity share of the company, according to a key corporate development update.
Narrative Update Jun 06

533581: Upcoming 2026 Board Actions And Dividend Decision Will Support Repricing Upside

Analysts have revised their price target for PG Electroplast to ₹593 from ₹681, reflecting updated assumptions on revenue growth, profit margins, discount rate and future P/E multiples. What's in the News A board meeting is scheduled for May 27, 2026, to consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider recommending a final dividend.
Narrative Update Apr 27

533581: Fiscal 2026 Guidance And Governance Actions Will Support Further Repricing Upside

Analysts have trimmed their fair value estimate for PG Electroplast to ₹681.22 from ₹695.67, reflecting small adjustments to inputs such as the discount rate, revenue growth, profit margin, and the assumed future P/E multiple. What's in the News A board meeting is scheduled for Mar 24, 2026, at 16:15 Indian Standard Time to review and approve a draft postal ballot notice for shareholder approval on proposed matters, and to consider details of key managerial personnel authorised under Regulation 30(5) of SEBI Listing Regulations for determining materiality of events and disclosures to stock exchanges (Key Developments).
Narrative Update Apr 11

533581: Fiscal 2026 Guidance And Governance Steps Will Support Further Repricing Upside

Analysts have slightly reduced their price target for PG Electroplast to about ₹696 from roughly ₹706. This reflects updated views on the company’s fair value, discount rate, revenue growth and profit margin assumptions, while keeping the future P/E broadly aligned with prior estimates.
Narrative Update Mar 18

533581: Fiscal 2026 Earnings Guidance Will Support Further Repricing Upside

Analysts have nudged their fair value estimate for PG Electroplast slightly higher to ₹706.22 from ₹698.88, reflecting updated assumptions around the discount rate, revenue growth, profit margin, and a lower future P/E multiple. What's in the News PG Electroplast issued consolidated earnings guidance for FY 2026, with revenues expected in a range of ₹57,000 million to ₹58,000 million.
Narrative Update Jan 27

533581: Fiscal 2026 Guidance Will Support Further Repricing Upside

Analysts now keep their price view on PG Electroplast broadly in line with prior estimates, with the implied fair value steady at ₹698.88. A slightly higher discount rate and marginally adjusted long term revenue growth, profit margin and future P/E inputs offset each other in their updated work.
Narrative Update Jan 12

533581: Fiscal 2026 Guidance Will Support Continued Repricing Upside

Analysts have raised their price target for PG Electroplast to ₹698.88 from ₹694.50, reflecting minor adjustments to their valuation inputs, including a slightly lower discount rate and a marginally higher assumed future P/E multiple. What's in the News PG Electroplast issued earnings guidance for fiscal 2026, with consolidated revenue expected in the range of ₹57,000 million to ₹58,000 million.
Narrative Update Dec 21

533581: Fiscal 2026 Guidance Will Support Strong Future Trading Upside

Narrative Update on PG Electroplast Analysts have maintained their price target for PG Electroplast at ₹694.5, as only minimal refinements in the discount rate and long-term valuation assumptions resulted in no meaningful change in fair value. What's in the News Issued earnings guidance for fiscal 2026, projecting consolidated revenues of INR 57,000 million to 58,000 million, implying 17% to 19% growth over FY25.
Narrative Update Dec 07

533581: Fiscal 2026 Guidance Will Support Strong Future Trading Upside

Analysts have modestly raised their price target on PG Electroplast to ₹694.50, reflecting slightly higher assumed discount rates while maintaining robust long term forecasts for revenue growth, profit margins and valuation multiples. What's in the News Company issues fiscal 2026 guidance with consolidated revenues projected at INR 57,000 million to 58,000 million, implying 17% to 19% growth over FY25, supported by continued expansion across key product segments (company guidance).
Narrative Update Nov 23

533581: Revenue Acceleration Projected From 2026 Guidance Will Drive Trading Upside

Analysts have revised their fair value price target for PG Electroplast down from ₹768.88 to ₹694.50. This change reflects updated growth and margin estimates.
Narrative Update Nov 08

533581: Entry Into Digital Hardware Market Will Drive Emerging Business Momentum

Analysts have maintained their price target for PG Electroplast at ₹768.88, citing stable expectations for revenue growth, profit margins, and the company's future price-to-earnings outlook. What's in the News Board meeting scheduled for November 13, 2025, to consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2025 (Key Developments).
Narrative Update Oct 25

Expansion Into Fintech Manufacturing Will Drive Future Indian Electronics Demand

Analysts have revised their fair value estimate for PG Electroplast downward from ₹793 to ₹768.88. They cite slightly lower projected revenue growth and profit margins as key factors influencing the updated price target.
Narrative Update Oct 11

Urbanization And Rising Incomes Will Spark Indian Electronics Recovery

Narrative Update on PG Electroplast: Analyst Price Target Revision Analysts have increased their price target for PG Electroplast from ₹736.57 to ₹793.00. Modestly improved revenue growth expectations are cited as the key driver behind the upward adjustment.
Narrative Update Aug 15

Urbanization And Rising Incomes Will Spark Indian Electronics Recovery

With both the Future P/E and Net Profit Margin remaining essentially stable, there is little change in analysts' outlook for PG Electroplast, resulting in the consensus price target holding steady at ₹802.43. What's in the News FY26 stand-alone revenue guidance of INR 57,000–58,000 million (17–19% growth); net profit expected at INR 3,000–3,100 million (3–7% growth); group-level consolidated revenue guidance of INR 65,500–66,500 million.
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New Narrative Apr 29

Expanding Product Range And Capacity Investments Will Open Future Opportunities

Focus on product division expansion and backward integration is expected to drive revenue growth, cost leadership, and enhanced margins.

Revenue & Expenses Breakdown

How PG Electroplast makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BSE:533581 Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2652,8801,9662,9720
31 Dec 2554,8142,7693,1240
30 Sep 2550,3692,5453,0050
30 Jun 2550,8782,7112,8940
31 Mar 2548,6972,8782,7920
31 Dec 2440,3622,1212,3730
30 Sep 2436,0041,9182,1020
30 Jun 2433,8961,8481,9270
31 Mar 2427,4651,3491,6930
31 Dec 2324,9811,0551,5870
30 Sep 2324,3501,0011,4910
30 Jun 2323,0089491,3110
31 Mar 2321,5997751,2970
31 Dec 2218,2086491,1470
30 Sep 2216,2495671,0520
30 Jun 2214,9545329220
31 Mar 2211,1163748250
31 Dec 219,2742027170
30 Sep 218,4942126730
30 Jun 218,0382076110
31 Mar 217,0321165760
31 Dec 205,559-175170
30 Sep 205,120-764970
30 Jun 205,035-1004880
31 Mar 206,394265430
31 Dec 196,2711195060
30 Sep 195,9411094630
30 Jun 195,6471144360
31 Mar 195,084994080
31 Dec 184,551643800
30 Sep 184,295723700
30 Jun 184,045813530
31 Mar 183,994753520
31 Dec 174,036693520
30 Sep 173,939673470
30 Jun 173,795473440
31 Mar 173,664343310
31 Dec 163,422763200
30 Sep 163,211433020
30 Jun 162,977292800
31 Mar 162,603192640
31 Dec 152,382113180
30 Sep 152,344-163100

Quality Earnings: 533581 has a high level of non-cash earnings.

Growing Profit Margin: 533581's current net profit margins (3.7%) are lower than last year (5.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 533581's earnings have grown significantly by 45.3% per year over the past 5 years.

Accelerating Growth: 533581's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 533581 had negative earnings growth (-31.7%) over the past year, making it difficult to compare to the Electronic industry average (33%).


Return on Equity

High ROE: 533581's Return on Equity (6.4%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/04 19:41
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PG Electroplast Limited is covered by 14 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dhruv JainAmbit Capital
Manish ValechaAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited