P

PG Electroplast Limited

PGELNSE
Market snapshot · 2026-08-11 06:52 UTC

614.25

₹-7.55 (-1.21%)

MARKET CAP

₹17.60K Cr

STOCK P/E

89.8x

52W HIGH

₹644.40

52W LOW

₹436.55

BOOK VALUE

₹106.69

EPS

₹6.84

ROE

6.69%

SECTOR

Information Technology

DEBT/EQUITY

19.57

VOLUME

8.92L

P/B RATIO

5.76x

PEG RATIO

-1.59

Sector

Information Technology

Themes

Electronic EquipmentsRefrigerator
D
Dividend
E
Earnings
₹630.65₹586.60₹542.55₹498.50₹454.45VolumeDEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

PG Electroplast is an electronic manufacturing services company serving original equipment manufacturers in India and overseas. Its revenue base includes consumer appliances, air-conditioner sub-assemblies, washing machines, mobile handsets, LEDs, and televisions. Plastic moulding, printed circuit board assemblies, sheet-metal parts, and advanced tooling expand component revenues. Recent quarterly updates indicate sharply higher revenue, potentially improving operating leverage, though earnings remain pressured by shipping disruptions and elevated air-freight costs. Revenue grew 8.6%, but profit fell 31.7% as declining margins reduced earnings conversion. ROE is only 6.7%, while debt-to-equity at 19.57x indicates severe leverage, magnifying financial risk and distorting returns on equity. At 90.7x earnings, the stock is rich relative to its modest growth and declining profitability. Positive sentiment and raised targets require validation through margin recovery, lower logistics costs, and balance-sheet deleveraging.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for PGEL.

9.00 analysts

Price Forecast

Current
₹620.60
High Target
₹754.00
▲ +21.5%
Median Target
₹680.00
▲ +9.6%
Low Target
₹479.00
▼ -22.8%
Now₹620.60High ₹754.00Median ₹680.00Low ₹479.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
9 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹468.66 - ₹826.2480%
6M₹417.85 - ₹931.6980%
12M₹355.82 - ₹1,10680%
Realized vol: +44.2% · Drift: +10.9%

Revenue Forecast

₹ Cr
Jun '26Current₹431.0
Sep 2026 ETrend estimate range
High₹449.1Base₹415.8Low₹382.5
Sep '25: ₹376.0 · Dec '25: ₹367.0 · Mar '26: ₹356.0 · Jun '26: ₹431.0 · Sep '26: ₹415.8 · Dec '26: ₹405.8
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E376.0367.0356.0431.0415.8405.8
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹0.64
Sep 2026 ETrend estimate range
High₹1.43Base₹1.28Low₹1.12
Sep '25: ₹1.36 · Dec '25: ₹1.11 · Mar '26: ₹0.76 · Jun '26: ₹0.64 · Sep '26: ₹1.28 · Dec '26: ₹1.04
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E1.361.110.760.641.281.04
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
46%
Analyst Consensus
Positive

From 9 analysts

Mean upside+5.7%

Fundamentals

Weakening

Fundamentals institutional score is 24 using EVA spread proxy -5.3%; growth durability 31.0.

Valuation

Premium valuation

Valuation institutional score is 44 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 59 using mean target upside 5.7%; dispersion penalty 16.8; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 57 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 5 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. Available evidence provides partial support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Premium valuationAnalyst Consensus NeutralTechnical Structure Mixed MomentumMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price656.1 target
Mean Upside+5.7%
Technical Score57%
Fundamental Score24%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 11.2% above historical median. Valuation is declining — currently in the overvalued zone (z-score: +0.45). Confidence: 54%.

Live forward EPS implies next-12-month EPS of ₹16.44. Applying the stock's normalized valuation corridor produces a fair range of ₹585.26 to ₹1,534.18, with base value near ₹1,343.81 (+116.1% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹16.44

Forward P/E

37.8x

Base Fair Value

₹1,343.81

Fair Range

₹585.26 - ₹1,534.18

Upside To Base

+116.1%

Estimate Source

Live forward EPS

Growth Estimate

-57.0%

P/E
Overvalued

5Y Average

52.41

Current

90.91

Overvalued

93.32

Undervalued

35.60

P/S
Overvalued

5Y Average

1.94

Current

3.37

Overvalued

3.14

Undervalued

0.58

EV/EBITDA
Overvalued

5Y Average

26.27

Current

45.56

Overvalued

42.44

Undervalued

7.88

Peers & Comparison

Sector: Information Technology · Theme: Electronic Equipments

Electronic Equipments Peers8 peers
Avg P/E: 70.2x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
HONEYWELL AUTOMATION IND
HONAUTElectronic Equipments
+1.8%11.7%
61.2x
Fair
-13% vs avg
+5.5%
APOLLO MICRO SYSTEMS LTD
APOLLOElectronic Equipments
+81.3%12.5%
123.3x
Premium
+76% vs avg
+106.9%
AVALON TECHNOLOGIES LTD
AVALONElectronic Equipments
+49.8%7.4%
113.8x
Premium
+62% vs avg
+122.6%
ADITYA INFOTECH LIMITED
CPPLUSElectronic Equipments
+45.5%8.7%
116.3x
Premium
+66% vs avg
+254.7%
GNG ELECTRONICS LIMITED
EBGNGElectronic Equipments
+32.1%7.2%
42.0x
Undervalued
-40% vs avg
+72.7%
CENTUM ELECTRONICS LTD
CENTUMElectronic Equipments
-7.7%-4.9%
56.6x
Undervalued
-19% vs avg
+55.6%
SHILCHAR TECHNOLOGIES LTD
SHILCTECHElectronic Equipments
-34.4%24.1%
33.9x
Undervalued
-52% vs avg
+10.5%
GENUS POWER INFRASTRU LTD
GENUSPOWERElectronic Equipments
+64.1%12.5%
14.4x
Undervalued
-79% vs avg
-16.8%
WHY THESE PEERS

PG ELECTROPLAST LTD trades at a premium (90.9x vs peer avg 70.2x), implying higher growth or quality expectations from the Electronic Equipments cohort. Peers include HONEYWELL AUTOMATION IND, APOLLO MICRO SYSTEMS LTD, AVALON TECHNOLOGIES LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹431 CrJun 2026

Latest net profit

₹18 CrJun 2026

Latest EPS

₹0.64Jun 2026

Net margin

7.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%3.0%6.0%9.0%12.0%0.00 Cr150 Cr300 Cr450 Cr600 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr150 Cr300 Cr450 Cr600 Cr₹0₹0₹1₹1₹1
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr150 Cr300 Cr450 Cr600 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.05K Cr0.00 Cr1.05K Cr2.10K Cr3.15K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +307392339380391383362350335376367356431
Expenses +281359309348363353332337303337334329403
Operating Profit26333031283030133239342728
OPM %8%8%9%8%7%8%8%3.8%9%10%9%8%7%
Other Income +14711561126202019126
Interest5633333333333
Depreciation5666666667777
Profit before tax16262933242531304249432924
Tax %24%24%24%26%24%23%24%23%24%22%27%25%25%
Net Profit +12202224182024233239322218
EPS in Rs0.540.760.830.940.700.750.850.811.121.361.110.760.64
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +43.72%43.60%43.41%43.41%43.37%
FIIs +13.02%11.45%10.59%9.75%9.95%
DIIs +18.09%18.83%22.66%24.49%23.88%
Public +25.11%26.10%23.06%22.35%22.71%
Others0.06%0.02%0.28%0.09%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Investor Presentation

Aug 06, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aug 06, 2026PDFCompany Reports Open

Unaudited Financial Results

Aug 06, 2026PDFCompany Reports Open

Board Meeting Outcome for Outcome Of Board Meeting

Aug 06, 2026PDFCompany Reports Open