Added to YB: 2026-03-26
Pitch date: 2026-01-29
PGEL.NS [bullish]
PG Electroplast Limited
-1.48%
current return
Author Info
No bio for this author
Company Info
PG Electroplast Limited provides electronic manufacturing services for original equipment manufacturers in India and internationally.
Market Cap
INR 141.1B
Pitch Price
INR 525.00
Price Target
830.00 (+60%)
Dividend
0.05%
EV/EBITDA
30.74
P/E
51.43
EV/Sales
2.57
Sector
Electronic Equipment, Instruments and Components
Category
growth
PG Electroplast Limited - $PGEL.NS
PGEL.NS: India's #2 AC/WM manufacturer (soon #1) w/ best-in-class 17% ROIC, 11% EBITDA margin. FY26 rev growth 22% (vs initial 30%, due to cool summer), FY27 47%. Strong setup: AC demand rebounds post-cool summers (~50% avg growth), GST cut 28%→18%, income tax cuts, BEE efficiency saves 15% total cost. EPS +5% FY26, +91% FY27, 35% CAGR after. PT ₹830 (35x FY27 EPS) = 60% upside vs 40-80x peer multiples
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