Established in: 2003
Managing Director: Vikas Gupta
PG Electroplast Limited is a flagship company of the PG Group, which was established in 1977. However, PG Electroplast was established in 2003 and has become India’s leading and diversified Electronic Manufacturing Service provider. The company caters to over 50 Indian and global brands and specialises in Original Design Manufacturing (ODM), Original Equipment Manufacturing (OEM) and Plastics Injection Moulding
PG Technoplast Pvt Limited, which is a wholly owned subsidiary of PG Electroplast Limited, manufactures air conditioners, coolers, and components used in various consumer durables.
PG Electroplact Limited launched its IPO and went public in September 2011 with a total issue size of around ₹120.65 crores and a final issue price of ₹210 per share. The minimum lot size for application was 30 shares, which required a minimum retail investment of 6,300.
History of PG Electroplast Limited
The PG Group was established in 1977, and it started as a small electronic components manufacturing unit in Delhi. In 1995, a TV was set up in Noida. As colour TVs gained popularity, the company started manufacturing colour TVs and audio products.
In 1999, the company opened a PCB assembly line in Noida. In 2003, PG Electroplast Limited was established, which specialised in Original Design Manufacturing (ODM), Original Equipment Manufacturing (OEM) and Plastics Injection Moulding.
Business Segments of PG Electroplast Limited
The following are the business segments of PG Electroplast Limited.
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Plastic Moulding
This segment focuses on providing high-precision injection moulding. It manages the production of surface-critical components and post-moulding operations such as painting and sub-assembly.
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Product Business
PG Electroplast Limits is an Original Design and Equipment Manufacturer (ODM) for consumer durables and engages in designing, testing and manufacturing finished goods such as air Conditioners, semi-automatic and full automatic washing machines, air coolers, and LED televisions.
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Electronics
The electronics segment focuses on Printed Circuit Board Assembly (PCBA), mobile handset sub-assemblies and other electronic components used in consumer electronics, home appliances and automotive sectors.
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Tool Manufacturing
PG Electroplast Limited operates and manages multiple in-house design and mould manufacturing facilities. These facilities help the company to quickly create prototypes and custom tooling for clients.
Subsidiaries of PG Electroplast Limited
The following are the subsidiaries of PG Electroplast Limited.
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PG Technoplat Private Limited
This is a wholly owned subsidiary of PG Electroplast Limited, which is considered a flagship for expanding the PG Group’s EMS operations and manufacturing of household appliances. The company has entered into an exclusive agreement with Spiro Mobility to manufacture EVs, lithium-ion batteries and other related components in India.
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Next Generation Manufacturers Private Limited
This company is a step-down subsidiary of PG Electroplast Limited, which specialises in manufacturing Air Conditioner components. In January, 2025, the company received significant approval under the Government of India’s Production Linked Incentive (PLI) Scheme for manufacturing home appliances such as washing machines, air conditioners and refrigerators.
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PG Plastronics Private Limited
This is a direct subsidiary of PG Electroplast Limited, engaged in plastics injection moulding and electronic sub-assemblies for the parent company.
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Goodsworth Electronics Private Limited
PG Electroplast Limited entered into a joint venture with Jaina Marketing & Associates and established a company called “Goodsworth Electronics Private Limited. This company is a manufacturing arm for producing LED televisions.
PG Electroplast Financial Highlights
- Revenue: PG Electroplast reported revenue of ₹5,342.81 crore in FY26 vs ₹4,904.64 crore in FY25. It showed an increase of 8.93% on a yearly basis.
- Operating Profit: PG Electroplast reported an operating profit of ₹251.94 crore in FY26 vs ₹364.69 crore in FY25. It showed a decrease of 30.92% on a year-on-year basis.
- Net Profit: PG Electroplast reported a net profit of ₹193.60 crore in FY26 vs ₹290.92 crore in FY25. It showed a decrease of 33.45% on a yearly basis.
PG Electroplast Quarterly Result Highlights
- PG Electroplast reported revenue of ₹2,041.99 crore in Jun 2026, compared with ₹1,729.47 crore in Mar 2026, representing an increase of 18.07% on a quarter-on-quarter (QoQ) basis.
- PG Electroplast reported an operating profit of ₹94.42 crore in Jun 2026, compared with ₹81.82 crore in Mar 2026, representing an increase of 15.40% on a quarter-on-quarter (QoQ) basis.
- PG Electroplast reported a profit of ₹75.30 crore in Jun 2026, compared with ₹64.20 crore in Mar 2026, reflecting an increase of 17.29% on a QoQ basis.
- The earnings per share (EPS) of PG Electroplast stood at ₹6.91 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.
