Shares of PG Electroplast Ltd. tumbled 21.74% to ₹576.65 on Friday, August 8, after the company slashed its full-year revenue and net profit growth guidance in its latest investor presentation. The stock, which closed at ₹736.85 in the previous session, hit an intraday low of ₹571.10, wiping out a significant portion of its market value. PG Electroplast’s current market capitalisation stands at ₹16,330 crore.
The company now expects consolidated sales of ₹5,700 crore to ₹5,800 crore in FY26, representing a growth of 17% to 19% from the previous year. This is sharply lower than its earlier March quarter guidance of ₹6,345 crore, which had implied a 30.3% growth. Total group revenue guidance has also been reduced to between ₹6,550 crore and ₹6,650 crore, down from ₹7,200 crore earlier.
PG Electroplast has also lowered its net profit forecast to between ₹300 crore and ₹310 crore, indicating a growth of just 3% to 7% from last year. This is a steep cut from the ₹405 crore projection given earlier.
June quarter performance
For Q1FY26, the company’s net profit fell 21.5% to ₹66.7 crore from ₹84.9 crore a year earlier. Revenue rose 14% to ₹1,503.8 crore compared to ₹1,320.6 crore in the same period last year. EBITDA declined 7% to ₹121.3 crore from ₹130.3 crore, with the EBITDA margin contracting to 8% from 9.9% a year ago.
The company also revised its product business growth outlook to 17%–21% (₹4,140 crore–₹4,280 crore) from the earlier ₹4,770 crore guidance.
Stock performance
As of 3:21 PM, the stock had fallen 21.74% or ₹160.20 in Friday’s session, ranking among the top losers on the NSE. The stock’s 52-week range is ₹414.45 to ₹1,054.20, with a P/E ratio of 54.66 and an average trading volume of 2.25 million shares.
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