Leading EMS provider, posted strong financial growth and attracted FII interest from the Government of Singapore. With ₹7,200 crore FY26 revenue guidance, diverse clients, and robust capex plans, it is well-positioned to capitalize on India’s booming consumer electronics sector.

India’s consumer electronics sector is booming, with the market valued at around USD 89 billion in 2024 and projected to reach over USD 150 billion by 2033. Driven by rapid urbanization, rising incomes, and young tech-savvy consumers, the industry is growing at nearly 7–9% annually, fueled by surging demand for smartphones, smart home devices, and online sales.

With a market capitalization of Rs 23,604.78 crore, the shares of PG Electroplast Ltd were trading at Rs 833.00 per share, increasing around 0.63 percent as compared to the previous closing price of Rs 827.80 apiece.

The Government of Singapore, a prominent Foreign Institutional Investor, acquired 3,818,522 equity shares, representing a 1.4% stake in the company as of June 2025. This move reflects growing FII interest. As per recent disclosures, the Government of Singapore holds 61 stocks in India with a total public holding worth over Rs 2,27,846 crore, indicating strong market confidence.

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Looking forward to the company’s financial performance, revenue increased by 78 percent from Rs 1,077 crore in Q4FY24 to Rs 1,910 crore in Q4FY25. Furthermore, during the same time frame, the net profit increased by 107 percent, from Rs 70 crore to Rs 145 crore.

PG Electroplast boasts a strong and diverse client base, serving over 70 leading domestic and global brands. Key clients include industry giants like LG, Whirlpool, Voltas, Hyundai, Godrej, Haier, Flipkart, Foxconn, and Reliance Digital. This broad customer portfolio reflects the company’s credibility, manufacturing excellence, and strong positioning across multiple sectors, including consumer electronics, appliances, automotive, and industrial solutions.

PG Electroplast projects FY26 group revenues of ₹7,200 crore, up 33%, driven by 35% growth in product sales and 43.4% in electronics. Net profit is expected to rise 39.2% to ₹405 crore. The company plans ₹800–900 crore capex across new facilities, enhancing capacity and backward integration. Goodworth Electronics, its JV, is set for 57.1% revenue growth.

PG Electroplast Limited is an electronic manufacturing services (EMS) provider for original equipment manufacturers (OEMs) of consumer electronic products in India. The Company is engaged in the manufacturing of consumer durables, which comprises molding division, electronics division, complete products, paint shop, thermoset, and tooling division. 

Written by Abhishek Singh

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