Slide 1: Exchange filing cover letter
November 13, 2025 To, To, The Manager (Listing) The Manager (Listing) BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 533581 Scrip Symbol: PGEL Sub: Inve
Slide 2: PG Electroplast Company Update 2Q FY2026
PG Electroplast Company Update 2Q FY2026, Nov 2025
Slide 3: Disclaimer
Disclaimer This presentation has been prepared for informational purposes only. This Presentation does not constitute a prospectus, Offering circular or offering memorandum and is not an offer or initiation to buy or sell any securities, nor shall part or all of this presentation from the basis of,
Slide 4: Agenda
Introduction Quarterly and Half Year Financials Agenda Key Financial Metrics Strategy & Outlook Historical Financials 3
Slide 5: About PG Electroplast
About PG Electroplast PG Electroplast Limited (PGEL) is the flagship company of PG Group, which had started its journey in 1977. PG Electroplast, formally set up in 2003, and is a leading, diversified Indian Electronic Manufacturing Services provider. PGEL specializes in Original Design Manufactur
Slide 6: Industries Served
Industries Served Air Washing LED Air Coolers Automotive Bathroom Consumer Conditioners Machines Televisions Components Fittings Electronics 5
Slide 7: Key Financials
• The Company has grown more than 18x in Nine years from a revenue of INR 263 Key Financials crores in 2015-16, to INR 4905 crores in 2024-2025 at a 38.5% CAGR with the EBITDA increasing at a 42.6% CAGR. • Over the past Nine years, the company has done a cumulative Capital Expenditure of over INR 12
Slide 8: Our Business Verticals
Our Business Verticals Operating Revenue Breakup Across Verticals Products Plastic Moulding and Figures in INR Crores 4870 5000 Others 9.7 349 Consumer Durables Products • Indoor Units Sanitaryware Plastic & Others Room Air • Outdoor Units 4000 985 Conditioners • Window Units Automotive Electronics
Slide 9: Key Clients
Key Clients - . e . @atomberg SCOP anwa MYSTZAS GSmith 2, oastRaL [EEE Bajaj Electricals Ltd. @ t carrier ) Odea CrOMA Crompton PP DAIKIN Flipkart Foxconn Gry Cea 9 poneywett HYUNDAI JABIL Jaquar HAVELLS a x |] KOHLER. LAVA @ LG e Lumnx™ motherson alll ONIDA orient [RBGiinel Refancedigital Salaomp £
Slide 10: Agenda
Introduction Quarterly and Half year Financials Agenda Key Financial Metrics Strategy & Outlook Historical Financials 9
Slide 11: Summary of Consolidated Results
Particulars Q2 Q2 % H1 H1 % (INR Crores) FY2025 FY2026 Change FY2025 FY2026 Change Sales 671.30 655.37 -2.4% 1991.98 2159.22 8.4% CORM 523.46 513.57 -1.9% 1605.48 1752.32 9.1% % of Sales 78.0% 78.4% 80.6% 81.2% Gross Contribution 147.74 141.80 -4.0% 386.49 406.90 5.3% Summary of % of Sales 22.0% 21.
Slide 12: Expenditure Analysis
Expenditure Analysis Particulars Q2 Q2 H1 H1 Change % Change % (As a % of Operating Revenues) FY2025 FY2026 FY2025 FY2026 Cost of Raw Material (CoRM) 77.99% 78.36% 0.37% 80.60% 81.16% 0.56% Employee Expenses 7.53% 8.61% 1.07% 5.65% 6.25% 0.60% Finance Cost 2.24% 2.55% 0.31% 1.67% 2.34% 0.67% Depreci
Slide 13: Balance Sheet
Balance Sheet Particulars (INR Crores) 30th Sep’24 30th Sep’25 Net Fixed Assets A 724.10 1,127.60 Right-of-use-Assets B 68.01 78.96 Other Non-current Asset C 263.55 514.20 Cash & Bank Balance D 147.08 630.01 Current Assets Trade Receivables i 470.84 613.27 Particulars (INR Cr.) 30th Sep’24 30th Sep’
Slide 14: Agenda
Introduction Quarterly and Half Year Financials Agenda Key Financial Metrics Strategy & Outlook Historical Financials 13
Slide 15: Key Ratios
Key Ratios Particulars 30th Sep’24 30th Sep’25 Net Fixed Assets 792.11 1206.56 Fixed Asset Turns 5.23 5.04 Fixed Asset Turns Revenues/Average Net Fixed Assets Receivables 470.84 613.27 Average Receivables Days 33.51 39.28 Average Receivables Days (Average Receivables/Op. Revenues) x 365 Inventories
Slide 16: Major Highlights of 2QFY26
• 2QFY26 was again a challenging quarter marked by softer RAC demand as an early monsoon and then GST rate cut expectations curtailed the Room AC demand, leading to lower than expected performance for AC business. Despite business pressure for the Room AC category, consolidated revenues were down ju
Slide 17: Agenda
Introduction Quarterly and Half Year Financials Agenda Key Financial Metrics Strategy & Outlook Historical Financials 16
Slide 18: Industry Outlook
Industry Outlook The Rapid rate of urbanization, Low penetration levels, falling Government reforms such as growth of young population with prices of durables and electronics Digital India, Make in India, Power rising income levels is leading to and changing lifestyle of the for all and Jan Dhan-Aad
Slide 19: Future Growth Strategy
Future Growth Strategy • Washing Machines Company foresees large • Room Air conditioner opportunities in plastic • Refrigerators moulding and in consumer durables like: • Ceiling Fans • Sanitaryware products • Air coolers Opportunities in the ODM • Washing machines space for products like: • Room Ai
Slide 20: Future Outlook
Gradual improvement in margins due to better operational Future Outlook efficiencies and higher operating leverage Improving • Product business to drive profitability and growth for the company higher cash- flows, will lead to better capital • Company is developing new efficiency and stronger balanc
Slide 21: Guidance for FY26
Guidance for For PGEL, consolidated sales guidance is of INR 5700-5800 crores which is a growth of 17-19% over FY25 Sales of INR 4870 FY26 crores. For Goodworth, revenues we expect at INR 850 crores, which is growth of 56%. Total Group Revenues are therefore projected to be in the range of Rev
Slide 22: Agenda
Introduction Quarterly and Annual Financials Agenda Key Financial Metrics Strategy & Outlook Historical Financials 21
Slide 23: Profit & Loss Statement
Profit & Loss Statement Figures in INR Crores FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 Operating Revenues 399.4 508.4 639.4 703.2 1111.6 2159.9 2746.5 4869.5 Growth (%) 9.0% 27.3% 25.8% 10.0% 58.1% 94.3% 27.2% 77.3% Expenditure Increase/Decrease in Stock -10.9 -4.1 -7.0 3.2 -29.1 -28.3 -72.7 -215.9 R
Slide 24: Balance Sheet
Balance Sheet (Figures in INR crores) As on 31st March As on 31st March A. EQUITY AND B. ASSETS LIABILITIES 2018 2019 2020 2021 2022 2023 2024 2025 2018 2019 2020 2021 2022 2023 2024 2025 (a) Share capital 16.4 18.7 19.5 19.7 21.2 22.7 26.0 28.3 (a) Fixed assets 178.5 192.1 253.2 273.1 441.0 577.8 7
Slide 25: Thank You!
Thank You! We look forward to working with you!