Pg Electroplast Limited · NSE:PGEL
Pg Electroplast — Q4 FY2025 Earnings Presentation
25 slides from Pg Electroplast's earnings presentation, May 12, 2025
Slide 1: Exchange filing cover letter
May 12, 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: Investor
Slide 2: PG Electroplast Company Update 4Q FY2025
PG Electroplast Company Update 4Q FY2025, May 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 Annual 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 Consumer Durables Products 349 • Indoor Units Sanitaryware Plastic & Others Room Air • Outdoor Units 4000 985 Conditioners • Window Units Automotive Electronics
Slide 9: Key Clients
Key Clients - . @ : ° @atomberg SCEF anua AMSTIAD Smith oom, ASTRAL [EMER Bajaj Electricals Ltd. @ GED Olided CrOMA Crompton PpasKIN Flipkart Foxconn GY | Haier | © Honeywell HYUNDAI JABIL Jaguar HAVELLS Ketviztntor € KOHLER. LAVA. @ LG e Lumax™ motherson all orient RBSIEE Refncedigital Seleamp s/SA
Slide 10: Agenda
Introduction Quarterly and Annual Financials Agenda Key Financial Metrics Strategy & Outlook Historical Financials 9
Slide 11: Summary of Consolidated Results
Particulars Q4 Q4 % % FY2024 FY2025 (INR Crores) FY2024 FY2025 Change Change Oper. Revenues 1076.57 1909.86 77.4% 2746.50 4869.53 77.3% CORM 862.06 1527.48 77.2% 2206.27 3892.26 76.4% % of Sales 80.1% 80.0% 80.3% 79.9% Gross Contribution 214.52 382.38 78.3% 540.23 977.28 80.9% Summary of % of Sales
Slide 12: Expenditure Analysis
Expenditure Analysis Particulars Q4 Q4 Change % FY2024 FY2025 Change % (As a % of Operating Revenues) FY2024 FY2025 Cost of Raw Material (CoRM) 80.1% 80.0% -0.10% 80.3% 79.9% -0.40% Employee Expenses 5.11% 4.90% -0.21% 6.05% 5.60% -0.45% Finance Cost 1.46% 1.73% 0.27% 1.88% 1.82% -0.06% Depreciation
Slide 13: Balance Sheet
Balance Sheet Particulars (INR Crores) 31st Mar’24 31st Mar’25 Net Fixed Assets A 711.88 1,060.33 Right-of-use-Assets B 69.45 73.99 Other Non-current Asset C 120.89 232.80 Cash & Bank Balance D 182.42 979.66 Current Assets Trade Receivables i 553.03 980.39 Particulars (INR Cr.) 31st Mar’24 31st Mar’
Slide 14: Key Ratios
Key Ratios Particulars 31st Mar’24 31st Mar’25 Net Fixed Assets 781.33 1134.32 Fixed Asset Turns 4.05 5.08 Fixed Asset Turns Revenues/Average Net Fixed Assets Receivables 553.03 980.39 Average Receivables Days 65.84 57.47 Average Receivables Days (Average Receivables/Op. Revenues) x 365 Inventories
Slide 15: Agenda
Introduction Quarterly and Annual Financials Agenda Key Financial Metrics Strategy & Outlook Historical Financials 14
Slide 16: Major Highlights of FY2025
• FY2025 has been Exceptional strong growth period as Consolidated Revenues grew 77.3% and closed at INR 4869.53 crores for the company. This is despite the ASPs falling across the board for all our product categories. • The Product business contributed 72.4% of the total revenues in FY25. AC busine
Slide 17: Agenda
Introduction Quarterly and Annual 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 efficiencies and Future Outlook 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 at least INR 6345 crores which is a growth of 30.3% over FY2025 Sales of INR FY26 4870 crores. ▪ For Goodworth, Revenues we expect at INR 855 crores, which is growth of 57.1%. ▪ Implying Group Revenues to be around 7200 crores. Revenues FY25
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!