Latest news with #PramodGupta
Time of India
09-07-2025
- General
- Time of India
Judges, advocates join green drive
1 2 Lucknow: As part of the statewide plantation drive, 'Ek Ped Maa Ke Naam 2.0', judges, officers of the Registry, employees, advocates and others planted saplings on the high court premises in Lucknow on Wednesday. Senior judge of the Allahabad high court Justice Attau Rahman Masoodi, along with other judges planted saplings. During the drive, saplings of fruit-bearing, flower-bearing and medicinal trees were planted. The judges were felicitated with mementos by chief conservator Pramod Gupta to appreciate their contribution towards the environment.
Yahoo
13-05-2025
- Business
- Yahoo
PG Electroplast Ltd (BOM:533581) Q4 2025 Earnings Call Highlights: Record Revenue Growth and ...
Release Date: May 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. PG Electroplast Ltd (BOM:533581) reported a 77% increase in operating revenues, crossing ?4,869 crore, with the product business contributing 72.4% of the total revenue. The company's EBITDA increased by 81% to ?519 crore, and net profit rose by 112% to ?291 crore, showcasing strong financial performance. The room AC business saw a 128% growth, while the washing machine and cooler businesses grew by 43% and 80%, respectively. The company has a robust order book and visibility for the product business, with plans to grow significantly in FY26. PG Electroplast Ltd (BOM:533581) is planning significant capacity expansions, including new greenfield plants for RAC and washing machines, and a refrigerator plant in South India, indicating future growth potential. The company faces challenges with ASPs in certain categories being down by up to 5% on a year-over-year basis. The plastic division is expected to grow only by 10% next year due to lower petroleum prices affecting raw material costs. There are concerns about industry demand due to early monsoons and delayed summer, affecting inventory levels. The company is carrying a large amount of inventory, which has impacted cash flow from operations negatively. The PLI incentives and state government incentives are included in the revenue guidance, which may not be sustainable long-term. Warning! GuruFocus has detected 2 Warning Signs with BOM:533581. Q: What gives PG Electroplast confidence in their growth despite industry concerns about demand due to early monsoons and rising inventory levels? A: Mr. Vishal Gupta, Managing Director, explained that PG Electroplast serves over 35 brands, allowing them to diversify risks. While some brands face challenges, the company remains confident in meeting its guidance due to its broad client base and strong business outlook. Q: Why is the growth target for the plastic division lower compared to other segments? A: Mr. Vishal Gupta noted that the slower growth in the plastic division is due to declining petroleum prices, which affect raw material costs. Although volume growth is expected, the value growth is projected at around 5-10% due to lower average selling prices. Q: What is the status of the refrigerator plant and its expected contribution to revenue? A: Mr. Pramod Gupta, CFO, stated that the refrigerator plant is in the planning stages, with land and machinery finalization underway. No revenue from this plant is expected in FY26, but it is anticipated to contribute from the second year of operations. Q: How does PG Electroplast plan to manage the compressor supply issue? A: Mr. Pramod Gupta mentioned that the Indian government has extended the import allowance for compressors until April 2026, alleviating immediate supply concerns. The company is also setting up its compressor manufacturing facility, expected to be operational by Q4 FY26. Q: What are the expected capital expenditures for FY26, and how will they be funded? A: Mr. Pramod Gupta outlined a CapEx plan of INR 800-900 crore for FY26, focusing on new facilities for refrigerators, washing machines, and compressors. This will be funded primarily through existing cash reserves and internal accruals, with minimal reliance on debt. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
