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Last Updated: April 2, 2026, 3:28 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 533581 | NSE: PGEL

PG Electroplast Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹603.36Undervalued by 25.44%vs CMP ₹481.00

P/E (49.6) × ROE (14.9%) × BV (₹102.00) × DY (0.05%)

₹300.70Overvalued by 37.48%vs CMP ₹481.00
MoS: -60% (Negative)Confidence: 63/100 (Moderate)Models: 1 Under, 8 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹851.8323%Under (+77.1%)
Graham NumberEarnings₹149.6617%Over (-68.9%)
Earnings PowerEarnings₹23.3811%Over (-95.1%)
DCFCash Flow₹217.5411%Over (-54.8%)
Net Asset ValueAssets₹101.727%Over (-78.9%)
EV/EBITDAEnterprise₹172.119%Over (-64.2%)
Earnings YieldEarnings₹97.607%Over (-79.7%)
ROCE CapitalReturns₹119.357%Over (-75.2%)
Revenue MultipleRevenue₹170.716%Over (-64.5%)
Consensus (9 models)₹300.70100%Overvalued
Key Drivers: EPS CAGR 41.2% lifts DCF — verify sustainability. | Wide model spread (₹23–₹852) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 41.2%

*Investments are subject to market risks

Investment Snapshot

70
PG Electroplast Ltd scores 70/100 (Strong)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health68/100 · Strong
ROCE 19.4% GoodROE 14.9% GoodD/E 0.80 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money75/100 · Strong
FII holding up 0.14% (6mo) Slight increaseDII holding up 6.29% MF buyingPromoter holding at 43.4% Stable
Earnings Quality50/100 · Moderate
OPM stable around 10% Steady
Quarterly Momentum90/100 · Strong
Revenue (4Q): +36% YoY AcceleratingProfit (4Q): +30% YoY Strong
Industry Rank75/100 · Strong
P/E 49.6 vs industry 57.9 In-lineROCE 19.4% vs industry 11.2% Above peers3Y sales CAGR: 64% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:28 am

Market Cap 13,722 Cr.
Current Price 481
Intrinsic Value₹300.70
High / Low 1,008/465
Stock P/E49.6
Book Value 102
Dividend Yield0.05 %
ROCE19.4 %
ROE14.9 %
Face Value 1.00
PEG Ratio1.20

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for PG Electroplast Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
PG Electroplast Ltd 13,722 Cr. 481 1,008/46549.6 1020.05 %19.4 %14.9 % 1.00
Dynamatic Technologies Ltd 6,376 Cr. 9,388 11,500/5,437136 1,2060.05 %8.96 %6.21 % 10.0
Centum Electronics Ltd 4,224 Cr. 2,866 3,067/1,31075.9 2740.21 %12.0 %3.14 % 10.0
Hind Rectifiers Ltd 2,414 Cr. 702 1,054/40046.0 55.40.14 %21.6 %25.7 % 2.00
Cyient DLM Ltd 2,261 Cr. 285 541/26533.4 1230.00 %12.3 %8.23 % 10.0
Industry Average3,369.78 Cr1,197.2657.90160.650.20%11.17%15.55%7.92

All Competitor Stocks of PG Electroplast Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 4598286784605321,0771,3216719681,9101,5046551,412
Expenses 4227526124234909601,1906158831,6981,3836251,295
Operating Profit 3776663842116131568521212130117
OPM % 8%9%10%8%8%11%10%8%9%11%8%5%8%
Other Income 1113534472018159
Interest 12181412101618152233341725
Depreciation 9101111111415151619212222
Profit before tax 174942182691101305418085679
Tax % 21%18%20%30%26%21%16%35%25%19%21%62%24%
Net Profit 14403412197084194014567362
EPS in Rs 0.601.771.490.480.742.673.210.741.405.132.360.102.17

Last Updated: February 4, 2026, 4:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 8:46 am

MetricMar 2011Mar 2012Mar 2013Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 4242223037031,1122,1602,7464,8705,481
Expenses 3962192986531,0231,9832,4844,3855,001
Operating Profit 28355089177262484480
OPM % 7%1%2%7%8%8%10%10%9%
Other Income 347254123562
Interest 611111823485289109
Depreciation 259182235476683
Profit before tax 23-9-9154998176365350
Tax % 23%0%-43%23%24%21%22%20%
Net Profit 18-9-5123777135288277
EPS in Rs -0.53-0.300.591.743.415.1810.179.76
Dividend Payout % 0%0%0%0%0%0%4%2%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2011-20122012-20132021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-150.00%44.44%208.33%108.11%75.32%113.33%
Change in YoY Net Profit Growth (%)0.00%194.44%163.89%-100.23%-32.78%38.01%

PG Electroplast Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2011-2012 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:64%
TTM:49%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:100%
TTM:47%
Stock Price CAGR
10 Years:45%
5 Years:156%
3 Years:84%
1 Year:-6%
Return on Equity
10 Years:%
5 Years:%
3 Years:17%
Last Year:15%

Last Updated: September 5, 2025, 12:15 pm

Balance Sheet

Last Updated: December 4, 2025, 1:47 am

MonthMar 2011Mar 2012Mar 2013Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 111616202123262828
Reserves 351311261732913731,0122,8002,874
Borrowings 687880185399577435384590
Other Liabilities 4662652033585368371,9101,173
Total Liabilities 1602882885801,0691,5092,3105,1234,665
Fixed Assets 621221232734415787831,1361,214
CWIP 1721226526576225
Investments 03026012689
Other Assets 801151173016239271,4563,9023,218
Total Assets 1602882885801,0691,5092,3105,1234,665

Reserves and Borrowings Chart

Cash Flow

MonthMar 2011Mar 2012Mar 2013Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 23-2357-7946188-77
Cash from Investing Activity + -50-97-44-161-173-401-1,201
Cash from Financing Activity + 22126-172561122341,329
Net Cash Flow -56-416-152251
Free Cash Flow -27-9115-230-108-37-564
CFO/OP 99%-813%113%-86%31%83%-2%

Free Cash Flow

MonthMar 2011Mar 2012Mar 2013Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-40.00-75.00-75.00-135.00-310.00-400.00-173.00100.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2011Mar 2012Mar 2013Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 2829437670747473
Inventory Days 164539611187390124
Days Payable 33676310111181107129
Cash Conversion Cycle 127183777675768
Working Capital Days -15-6034-10793560
ROCE %1%1%13%17%19%19%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 61.33%61.20%53.59%53.59%53.70%53.56%53.42%49.37%49.37%43.72%43.60%43.41%
FIIs 1.97%3.13%8.96%10.77%11.02%11.07%10.69%10.29%10.45%13.02%11.45%10.59%
DIIs 7.17%7.13%12.63%12.36%10.94%9.89%9.80%16.22%16.37%18.09%18.83%22.66%
Public 29.53%28.32%24.62%23.27%24.33%25.22%25.91%24.11%23.80%25.11%26.10%23.06%
Others 0.01%0.21%0.19%0.01%0.00%0.26%0.19%0.00%0.00%0.06%0.00%0.27%
No. of Shareholders 12,84813,93618,25117,83720,67835,4921,03,5951,35,4211,58,6672,18,3842,55,3362,26,944

Shareholding Pattern Chart

No. of Shareholders

PG Electroplast Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
ICICI Prudential Flexicap Fund 7,568,200 2.11 414.517,655,8762026-02-23 01:09:00-1.15%
Motilal Oswal Flexi Cap Fund 5,000,000 2.08 273.853,500,0002026-01-26 08:41:2942.86%
Motilal Oswal Multi Cap Fund 3,487,756 4.64 191.02N/AN/AN/A
Nippon India Small Cap Fund 3,451,480 0.29 189.042,939,5402025-12-08 01:00:4617.42%
Franklin India Opportunities Fund 3,327,003 2.2 182.222,738,6552026-01-26 08:41:2921.48%
Franklin India Small Cap Fund 3,160,463 1.36 173.12,454,7512026-01-26 08:41:2928.75%
Nippon India Value Fund 3,139,023 1.92 171.922,589,0232026-01-26 08:41:2921.24%
ICICI Prudential Balanced Advantage Fund 3,047,276 0.24 166.92,947,2762026-02-23 00:30:023.39%
Franklin India Flexi Cap Fund 2,609,393 0.73 142.922,509,3932026-01-26 08:41:293.99%
Axis Small Cap Fund 1,741,883 0.37 95.41,241,8832025-12-14 05:02:1740.26%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.0010.0010.0010.0010.00
Basic EPS (Rs.) 10.7454.7335.7818.085.95
Diluted EPS (Rs.) 10.5554.0733.7717.035.95
Cash EPS (Rs.) 12.5970.5549.4328.0515.04
Book Value[Excl.RevalReserv]/Share (Rs.) 99.90398.86174.09147.1497.73
Book Value[Incl.RevalReserv]/Share (Rs.) 99.90398.86174.09147.1497.73
Revenue From Operations / Share (Rs.) 172.011055.28949.74517.18357.07
PBDIT / Share (Rs.) 18.34105.5979.3343.6926.60
PBIT / Share (Rs.) 16.0287.6863.9733.2717.45
PBT / Share (Rs.) 12.8867.8042.8923.117.67
Net Profit / Share (Rs.) 10.2852.6434.0617.635.90
NP After MI And SOA / Share (Rs.) 10.1751.8334.0617.635.90
PBDIT Margin (%) 10.6610.008.358.447.44
PBIT Margin (%) 9.318.306.736.434.88
PBT Margin (%) 7.486.424.514.462.14
Net Profit Margin (%) 5.974.983.583.401.65
NP After MI And SOA Margin (%) 5.914.913.583.401.65
Return on Networth / Equity (%) 10.1712.9919.5611.986.03
Return on Capital Employeed (%) 14.4216.9720.9413.5711.70
Return On Assets (%) 5.625.845.133.502.00
Long Term Debt / Equity (X) 0.060.180.560.550.46
Total Debt / Equity (X) 0.100.341.371.230.80
Asset Turnover Ratio (%) 1.311.441.681.460.00
Current Ratio (X) 1.901.461.121.110.99
Quick Ratio (X) 1.230.890.680.580.66
Inventory Turnover Ratio (X) 5.244.845.024.860.00
Dividend Payout Ratio (NP) (%) 1.810.000.000.000.00
Dividend Payout Ratio (CP) (%) 1.480.000.000.000.00
Earning Retention Ratio (%) 98.190.000.000.000.00
Cash Earning Retention Ratio (%) 98.520.000.000.000.00
Interest Coverage Ratio (X) 5.845.313.764.122.84
Interest Coverage Ratio (Post Tax) (X) 4.273.652.622.621.67
Enterprise Value (Cr.) 25273.504492.383527.891900.24938.98
EV / Net Operating Revenue (X) 5.191.641.631.731.34
EV / EBITDA (X) 48.6816.3519.5520.4917.93
MarketCap / Net Operating Revenue (X) 5.331.571.401.421.14
Retention Ratios (%) 98.180.000.000.000.00
Price / BV (X) 9.184.167.644.984.15
Price / Net Operating Revenue (X) 5.331.571.401.421.14
EarningsYield 0.010.030.020.020.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

PG Electroplast Ltd. is a Public Limited Listed company incorporated on 17/03/2003 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L32109DL2003PLC119416 and registration number is 119416. Currently Company is involved in the business activities of Manufacture of air-conditioning machines, including motor vehicles air- conditioners. Company's Total Operating Revenue is Rs. 1486.76 Cr. and Equity Capital is Rs. 28.31 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Consumer ElectronicsDTJ-209, 2nd Floor, DLF Tower-B, New Delhi Delhi 110025Contact not found
Management
NamePosition Held
Mr. Anurag GuptaChairman
Mr. Vishal GuptaManaging Director-Finance
Mr. Vikas GuptaManaging Director-Operations
Mr. Ram Dayal ModiIndependent Director
Ms. Ruchika BansalIndependent Director
Ms. Mitali ChitreNominee Director
Mr. Raman UberoiIndependent Director
Mr. Krishnavtar KhandelwalIndependent Director

FAQ

What is the intrinsic value of PG Electroplast Ltd and is it undervalued?

As of 13 April 2026, PG Electroplast Ltd's intrinsic value is ₹300.70, which is 37.48% lower than the current market price of ₹481.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (14.9 %), book value (₹102), dividend yield (0.05 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of PG Electroplast Ltd?

PG Electroplast Ltd is trading at ₹481.00 as of 13 April 2026, with a FY2026-2027 high of ₹1,008 and low of ₹465. The stock is currently near its 52-week low. Market cap stands at ₹13,722 Cr..

How does PG Electroplast Ltd's P/E ratio compare to its industry?

PG Electroplast Ltd has a P/E ratio of 49.6, which is below the industry average of 57.90. This is broadly in line with or below the industry average.

Is PG Electroplast Ltd financially healthy?

Key indicators for PG Electroplast Ltd: ROCE of 19.4 % indicates efficient capital utilization. Dividend yield is 0.05 %.

Is PG Electroplast Ltd profitable and how is the profit trend?

PG Electroplast Ltd reported a net profit of ₹288 Cr in Mar 2025 on revenue of ₹4,870 Cr. Compared to ₹37 Cr in Mar 2022, the net profit shows an improving trend.

Does PG Electroplast Ltd pay dividends?

PG Electroplast Ltd has a dividend yield of 0.05 % at the current price of ₹481.00. The company pays dividends, though the yield is modest.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in PG Electroplast Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE