PG Electroplast shares jump 7% as firm posts over fourfold jump in net profit; check all Q2 numbers

The company reported a consolidated net profit of ₹14 crore for the July-September quarter (Q2 FY27), marking a growth of 353% from ₹3 crore logged in the same period last year.

The Noida-based company’s revenue from operations rose 43% in the Q2 FY27 period to ₹934 crore from ₹655 crore in the year-ago period.

The operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), increased to ₹60 crore as compared to ₹30 crore in the corresponding quarter of the previous fiscal year.

Its EBITDA margin expanded to 6.4% in the reporting quarter from 4.5% in Q2 FY26.

For H1 FY27, PG Electroplast registered a strong growth period as consolidated half-yearly revenue crossed ₹2,950 crore for the first time in the company’s history.

In a statement, the consumer electronics company said its balance sheet remains healthy and liquid and has over 422 crore of cash and cash equivalents at the end of H1 FY27. Advances for all the capex are completed, and most of the working capital requirements are also tied up for H2 FY27.

“Gross contribution as a percentage softened YoY due to elevated commodity prices. Since product pricing in the industry is typically structured on a per-unit rupee margin basis, rising input costs mechanically lower the margin percentage even as per-unit economics stay stable. Raw material cost increases have been fully passed through to customers,” the company said.

Subsidiary, PG Technoplast, reported ₹2,130.5 crore in revenue. The order book remains healthy across all product categories.

Further, the product business contributed 70% of total revenue in H1 FY27, registering 41% YoY growth. The air conditioner (AC) business grew 36% YoY to ₹1,561 crore, the washing machine business increased 60.7% to ₹504.8 crore, and the cooler business grew 4.8% to ₹19.2 crore.

The electronics business jumped 90.3% YoY and contributed 12.1% of total revenue in H1 FY27. The plastic molding and components business grew 7.5% YoY to ₹521.6 crore during the period.

PG Electroplast said that all its expansion projects are tracking their respective completion timelines and the firm expects to start commercial production from two new facilities in Q4 FY27.

Commenting on the earnings, Managing Director—Finance Vishal Gupta said, “During the quarter, we continued to make progress on our capex plans for new manufacturing facilities and backward integration. These initiatives form an important part of our long-term strategy to expand capacity, strengthen operational capabilities and build greater control over our supply chain. Our focus remains on disciplined execution, prudent capital allocation and aligning investments with long-term business priorities.”

PG Electroplast share price trends

At 12:32 PM, PG Electroplast shares were trading at ₹534.3 apiece on the National Stock Exchange, gaining 6.74%.

From the beginning of the year, PG Electroplast shares have declined 8%. Over a month’s time, the stock has gained 5%, while it has fallen 5% in the past six months.

Shares of the firm had hit a 52-week high of ₹644.40 on January 5, 2026, and a 52-week low of ₹436.55 on April 6, 2026.

According to NSE data, as of October 28, 2026, PG Electroplast has a total market capitalisation of ₹15,325.73 crore.