PG Electroplast shares surged up to 7 % to an intraday high of ₹536.80 on Wednesday, 28 October, following the announcement of a four‑fold rise in net profit for the July‑September quarter of FY27. The company reported a consolidated net profit of ₹14 crore, up 353 % from ₹3 crore in the same period a year earlier. Revenue from operations climbed 43 % to ₹934 crore, compared with ₹655 crore in the year‑ago period. EBITDA rose to ₹60 crore from ₹30 crore, while the margin expanded to 6.4 % from 4.5 %. For the first half of FY27, the company recorded a historic consolidated revenue of ₹2,950 crore, surpassing all previous half‑year figures. The firm also highlighted that its balance sheet remains healthy, with cash and cash equivalents exceeding ₹422 crore at H1 FY27 close.

PG Electroplast confirmed that all its expansion projects are on schedule, with two new manufacturing facilities slated to commence commercial production in Q4 FY27. The company’s Managing Director‑Finance, Vishal Gupta, noted that progress on capital expenditure for new plants and backward integration continues, forming a key part of the long‑term strategy to expand capacity, strengthen operational capabilities and gain greater control over the supply chain. The firm emphasised disciplined execution, prudent capital allocation, and alignment of investments with long‑term business priorities.

During H1 FY27, the product business contributed 70 % of total revenue, registering a 41 % year‑on‑year growth. The air‑conditioner segment 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 surged 90.3 % YoY, contributing 12.1 % of total revenue, while the plastic‑molding and components segment grew 7.5 % YoY to ₹521.6 crore. Subsidiary PG Technoplast posted revenue of ₹2,130.5 crore, with a healthy order book across all product categories.

At 12:32 PM on 28 October, PG Electroplast shares traded at ₹534.3 apiece, up 6.74 %. Since the beginning of the year, the stock has fallen 8 %, but over the past month it has gained 5 %, and it has declined 5 % in the last six months. The shares reached a 52‑week high of ₹644.40 on 5 January 2026 and a 52‑week low of ₹436.55 on 6 April 2026. As of 28 October 2026, the company’s market capitalisation stood at ₹15,325.73 crore.

PG Electroplast reported a healthy balance sheet at the end of H1 FY27, with cash and cash equivalents exceeding ₹422 crore. Advances for all capital expenditure have been completed, and most of the working‑capital requirements are also tied up for H2 FY27. The company noted that raw‑material cost increases have been fully passed through to customers, mitigating the impact on gross contribution percentages despite higher commodity prices. This liquidity position supports ongoing investment plans and provides a buffer against market volatility.

PG Electroplast’s Q2 FY27 results underscore a robust growth trajectory, with net profit quadrupling and revenue rising 43 % year‑on‑year. The company’s expansion strategy, marked by new facility launches and backward integration, is progressing on schedule, positioning it to capture additional market share in the consumer electronics sector. With a strong cash base, disciplined capital allocation, and a healthy order book, the firm is poised to sustain its growth momentum through the remainder of FY27 and beyond. The company also highlighted that its EBITDA margin has improved to 6.4 %, up from 4.5 % in the previous year, reflecting better cost management. Management remains focused on disciplined execution and prudent capital allocation to support long‑term growth objectives.