PG Electroplast PGEL
EMS company making room ACs, washing machines and plastic mouldings; mobile handsets are a small legacy line
Mapped in 1 theme: Semicon 2.0 + Mobile Phones (MPMS).
Where PG Electroplast sits in the supply chain
PG Electroplast appears in 1 supply-chain layer in one theme, Semicon 2.0 + Mobile Phones (MPMS).
Semicon 2.0 + Mobile Phones (MPMS) › PCBA & sub-assemblies
Indirect supplierOther companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 2,746 | 4,870 | 5,288 |
| Net profit | 135 | 288 | 197 |
Latest-year revenue ₹5,288 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- Moulding and electronics capacity that could serve phone sub-assemblies
- Rallied with the EMS group on MPMS approval (+4.6% on 16 Jul 2026)
Risks
- Phone revenue is small and not disclosed - room ACs drive results
- FY26 profit fell to ₹197 Cr despite higher revenue
Common questions
What does PG Electroplast do?
EMS company making room ACs, washing machines and plastic mouldings; mobile handsets are a small legacy line.
Where does PG Electroplast sit in the supply chain?
PG Electroplast (NSE: PGEL) is mapped in 1 supply-chain layer: PCBA & sub-assemblies (Semicon 2.0 + Mobile Phones (MPMS)).
Who are PG Electroplast's peers?
In the PCBA & sub-assemblies layer of Semicon 2.0 + Mobile Phones (MPMS): Syrma SGS Technology, Kaynes Technology India, Salcomp India (not NSE-listed) and Cyient DLM.
What is PG Electroplast's market cap and valuation?
As of 30 Oct 2026: market cap ₹15,232 Cr, P/E 70.3x, ROCE 10.3%, ROE 6.7%, dividend yield 0.05%.