PG Electroplast Limited is a leading Indian Electronic Manufacturing Services provider specializing in plastic injection molding, PCB assemblies, and consumer electronics manufacturing. Founded in 2003, it serves over 70 Indian and global brands.

The company's revenues have grown from INR 263 crores in 2015-16 to INR 4,905 crores in 2024-2025, representing a CAGR of 38.5%. This growth trajectory highlights the company's successful expansion and operational excellence.

Recent financial performance indicates a decline in EBITDA margins due to challenging market conditions and cost pressures. The company's PAT for the first half of FY2026 shows an 87.8% YoY decrease, primarily due to lower operating leverage.

Despite recent financial challenges, PG Electroplast maintains strong cash reserves, reporting cash and equivalents of INR 630 crores at the end of Q2 FY2026, indicating robust liquidity and financial resilience.

The company is focused on capacity expansion across various verticals, including a significant Capital Expenditure (CapEx) plan for FY2026. New projects include a refrigerator plant in South India and expanded facilities in Greater Noida and Supa.