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PG Electroplast Ltd share Price Today

Company details

1,979.95
2,035.45
1,361.05
2,569.60
6M Return -2.12%
1Y Return 41.30%
Mkt Cap.(Cr) 5,207.54
Volume 91,822
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 91,822

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Consumer Electronics company PG Electroplast announced Q3FY24 & 9MFY24 results:

Q3FY24 Financial Highlights:

  • Net sales amounted to Rs 5.30 billion, marking a growth of 15.8% YoY.
  • Quarterly EBITDA reached Rs 470 million, compared to Rs 381.7 million in Q3FY24, reflecting a growth of 23.1% YoY.
  • Quarterly net profits stood at Rs 192.3 million, up from Rs 137.4 million in Q3FY24, representing a growth of 40.0% YoY.

9MFY24 Financial Highlights:

  • Net sales for the period were Rs 16.65 billion, indicating a growth of 26.1% YoY.
  • EBITDA stood at Rs 1.55 billion, compared to Rs 1.04 billion in  9MFY24, reflecting a growth of 49.7%.
  • Net profits stood at Rs 654.2 million, compared to Rs 373.0 million in 9MFY23, showing a growth of 75.4%.

Commenting on the performance, Vishal Gupta, MD (Finance), stated, "PG’s 9MFY24 performance reflects its strategy and focus on capital allocation and growing organically. The company continues to strengthen its position in RAC, Washing Machines, and Consumer Electronics with industry-leading growth in its areas of focus.

We believe our Capacity and Capability matrix has further strengthened with the commissioning of the new AC facility in Bhiwadi, expanded capacities for AC in Supa, and the flagship Electronics Manufacturing facility in JV in Greater Noida.

The outlook for all business segments remains robust with increases in wallet shares in existing clients and good momentum in addition of new clients. We continue to execute the Product business strategy by expanding our R&D and Product development capabilities."

Result PDF

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PG Electroplast Ltd shares SWOT Analysis

Strengths (12)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Strong Annual EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (2)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum
  • RSI indicating price strength

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 2,030.9
R2 2,060.9
R3 2,086.4
Pivot

2,005.43

S1 1,975.4
S2 1,949.9
S3 1,919.9
EMA SMA
1,861.8
1,849.0
1,892.7
1,839.6
1,829.3
1,785.6
1,998.3
1,910.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Block Purchase 2024-01-25 2084.95 65803 BSE
BNP PARIBAS ARBITRAGE Block Sell 2024-01-25 2084.95 65803 BSE
BARING PRIVATE EQUITY INDIA AIF Bulk Sell 2023-09-06 1775.2 195500 BSE
Name Category Shares
VISHAL GUPTA PROMOTER 19.64%
VIKAS GUPTA PROMOTER 19.49%
ANURAG GUPTA PROMOTER 11.49%
NEELU GUPTA PROMOTER 1.97%
NITASHA GUPTA PROMOTER 0.61%

OUR RESEARCH VIEW

Trading recommendation

Call Date
09 Dec 2021
Entry Price 655.00
Target Price -
Duration
Stop Loss -

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

PG Electroplast Ltd Stocks COMPARISON

Financials( in Cr) PG Electroplast Ltd Havells India Ltd Dixon Technologies (India) Ltd Voltas Ltd Blue Star Ltd
Price 2,000.90 1,560.60 8,093.40 1,427.40 1,464.65
% Change -0.18 -0.48 -0.64 0.94 1.37
Mcap Cr 5,207.54 97,800.15 48,416.34 47,230.52 30,115.40
Revenue TTM Cr 2,159.95 16,910.73 12,192.01 9,498.77 7,977.32
Net Profit TTM Cr 77.47 1,071.73 255.08 136.22 400.69
PE TTM 49.30 82.84 137.08 168.90 83.98
1 Year Return 41.30 29.84 179.68 68.32 93.26
ROCE 17.07 21.93 23.60 9.54 23.89
ROE 21.88 16.97 22.36 4.46 23.42
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 395.99 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 20,210.21 -2,288.40
LAST 3M 84,754.55 29,178.29
LAST 6M 143,739.62 78,000.86
LAST 12M 219,616.53 194,185.36
PG Technoplast unveils new air conditioning manufacturing unit in Bhiwadi, Rajasthan

Apr 25, 2024 l BSE Announcement

PG Electroplast Limited - ESOP/ESOS/ESPS

Apr 22, 2024 l NSE Announcement

Date Action Type Ratio
No data found

PG Electroplast Ltd Information

Stock PE (TTM)
49.3
Promoter Holding
53.7%
Book Value
360.5952
ROCE
17.07%
ROE
21.88%
Description
  • PG Electroplast Limited (PGEL), headquartered in Greater Noida, is the flagship company of PG Group. While the PG Group had started its journey in 1977, PGEL was formally set up in 2003. The Company is India`s leading player in Electronic Manufacturing Services, Printed Circuit Board and Plastic Manufacturing - Plastic Injection Molding. It serve Consumer Electronics, Home and Kitchen Appliances, Automotive Industry, Lighting Industry and Sanitaryware Products. The Company has been an Electronic Manufacturing Services (EMS) provider for Original Equipment Manufacturers (OEMs) of consumer electronic products in India. The Company manufactures and / or assemble a comprehensive range of consumer electronic components and finished products such as air conditioners (ACs), Colour TV, DVD players, Air Coolers, Refrigerators, Automotive Plastic, Sanitary Ware, Washing Machines etc. The Company is a leading manufacturer of Plastic Molded Parts for Indian consumer electronics, sanitary ware and automotive industry with facilities like plastic moulding, thermoset moulding, plastic blow moulding, PCB assemblies, PU Paint shop, final product assembly and tool manufacturing. The Company extends end-toend assembly solutions for final products like Set Top boxes, Washing Machines and Air-Coolers. It has five manufacturing facilities, three in Noida (Uttar Pradesh), one in Ahmednagar (Maharashtra) and one in Roorkee (Uttarakhand). PG Electroplast Ltd was incorporated on March 17, 2003 as a private limited company with the name PG Electroplast Pvt Ltd. During the year 2002-03, the company set up Unit I at Greater Noida with a capacity of 1,574 tonnes p.a. for plastic injection moulding. During the year 2003-04, they increased the plastic injection moulding capacity of Unit I, Greater Noida to 3,703 tonnes p.a. During the year 2005-06, they further increased the plastic injection moulding capacity of Unit I, Greater Noida to 4,244 tonnes p.a. Also, they received ISO 9001:2000 certification for Unit I, Greater Noida. During the year 2007-08, the company set up PCB assembly line for DVDs with a capacity of 10,00,000 pieces at Unit I, Greater Noida. Also, they set up assembly line for DVDs with a capacity of 3,00,000 pieces and assembly line for CTVs with a capacity of 96,000 pieces at Roorkee. During the year 2008-09, the company increased the plastic injection molding capacity of Unit I, Greater Noida to 4,495 tonnes p.a. They set up assembly line for CTVs with a capacity of 10,05,000 sets at Unit I, Greater Noida. Also, they increased the capacity of CTV assembly line at Roorkee to 6,00,000 pieces. During the year 2009-10, the company increased the plastic injection moulding capacity of Unit I, Greater Noida to 6,577 tonnes p.a. Also, they set up PCB assembly line for CTVs with a capacity of 6,00,000 pieces at Unit I, Greater Noida. During the year 2010-11, the company set up CFL assembly line with a capacity of 150,00,000 pieces at Unit II and PCB assembly line for CFL with a capacity of 300,00,000 pieces p.a. at Unit I. Also, they received ISO 9001:2008 certification for Unit II, Roorkee. In July 15, 2010, the company was converted into public limited company and the name was changed to PG Electroplast Ltd. In August 5, 2010, the company entered into an agreement for project management with LCI Engineering Ing. Christoff Langthaler GmbH for preparation of a detailed analysis of the possibilities to supply components to the automotive industry. In March 2011, the company set up manufacturing units for plastic injection moulding at Unit IV, Ahmednagar under Phase I and commenced commercial production. During the year 2011-12, the company received ISO 9001:2008 certification for Unit III, Greater Noida. In July 2011, they set up manufacturing units for plastic injection moulding at Unit III, Greater Noida under Phase I and commenced commercial production. Also, they launched a new product "Water Purifier" in the market. The Company installed new additions to the fleer of injection moulding machines in their factories and increased covered area of existing factories by constructing new buildings/floors. However operations to Roorkee Unit I was transferred in year 2016-17. During 2017-18, the Company added new capacity of PU paint shop, started UF thermoset moulding seat facility with the technology from Hoti (Xiamen) Plumbing Inc., China. Tool Room facility for making moulds was further ramped up during the year and company commercially launched Washing machine under ODM model. In 2019-20, the Company commissioned assembly line of AC IDU ((Indoor Unit) along with Heat Exchanger Coil. In FY21, it ventured into Fully Automatic Top Loading Washing Machines. It has invested in two platforms of fully automatic top loads and started commercial production in Jun` 21. In FY 2021-22, the Company built and commissioned two plants, a world class AC components in Greater Noida, Uttar Pradesh and RAC Assembly unit in Supa MIDC, Maharashtra. It shifted its Washing Machine (WM) manufacturing to Roorkee from Greater Noida. Also, the company doubled its SEMI-Automatic top load (SATL) WM capacity to 50000 units per month and launched Fully Automatic top load (FATL) WM and resultant, the capacity for FATL stand at 15000 units per month. It shifted its Air Cooler manufacturing to Greater Noida from Supa MIDC, Ahmednagar. In addition to these, it has further purchased a 10-acre plot in the vicinity of the existing facility at Supa, Ahmednagar.

Registered Address

Office No DTJ-209 2nd Floor, DLT Tower Jasola (Tower-B), New Delhi, New Delhi, 110025

Tel : 91-120-2569323
Email : investors:pgel.in; krishna:pgel.in; info:pgel.in
Website : http://www.pgel.in
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 533581
NSE Code : PGEL
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE457L01011

FAQ’s on PG Electroplast Ltd Shares

You can buy PG Electroplast Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy PG Electroplast Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 25, 2024 04:03 PM the closing price of PG Electroplast Ltd was ₹ 2,000.90.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 25, 2024 04:03 PM, the market cap of PG Electroplast Ltd stood at ₹ 5,207.54.

The latest PE ratio of PG Electroplast Ltd as of Apr 25, 2024 04:03 PM is 49.3

The latest PB ratio of PG Electroplast Ltd as of Apr 25, 2024 04:03 PM is 0.18

The 52-week high of PG Electroplast Ltd share price is ₹ 2,569.60 while the 52-week low is ₹ 1,361.05

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