PG Electroplast Share Price Target 2025, 2026, 2030, 2040, 2050
PG Electroplast is an Indian company that makes electronic products, including designing, producing, and moulding plastic parts. They work with over 60 brands, making products like air conditioners, washing machines, and coolers. Well-known brands like Astral, Blue Star, Godrej, and Whirlpool are their clients. It has factories in Greater Noida, Roorkee, and Ahmednagar. The company is focused on making more products locally and reducing its reliance on imports from China. It has been doing well financially and plans to keep expanding and improving its operations to produce even more products efficiently.
- 1 What is PG Electroplast Ltd. NSE: PGEL?
- 2 Share Price Target Tomorrow
- 3 PG Electroplast share price Target 2025
- 4 PG Electroplast Share Price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 PG Electroplast share price Target 2030
- 9 Share price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy PG Electroplast stock?
- 12 PG Electroplast earnings results
- 13 Is PG Electroplast stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is PG Electroplast Ltd. NSE: PGEL?
PG Electroplast was established in 2003 in Greater Noida, Uttar Pradesh. It is owned by Mr. Anurag Gupta. The company makes electronic products and plastic parts for well-known brands. They make TVs, washing machines, air conditioners, and bathroom fittings. It has 12 factories in India and more than 10,000 workers. They work with big companies like Whirlpool and recently teamed up with another group to make Google-certified TVs. The company is growing fast, making about ₹2,746 crore in 2024 and expecting to make more in 2025. Many investors like the company, especially after the Government of Singapore bought shares worth ₹288 crore.
In the current year, the stock has reached its all-time high price. But the stock could not sustain itself there. After reaching the support level, it rose but could not break the all-time high price. As of now, the stock has taken support after a continuous bearish trend. For buying this stock, it could be a good time, but as the stock is near its support level on the daily time frame, wait for multiple confirmations.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
Tomorrow | -19 | +61 |
It is growing fast and doing well financially. It’s managing its costs better and making more money. But, its stock is priced quite high compared to the actual value of the company. Also, the owners of the company have been slowly selling some of their shares, which could raise concerns. Overall, it is a strong and growing company, but it’s important to be aware of a few possible risks. In 2025, its share price target would be ₹1526, as per our analysis.
By our prediction, its share price would be between ₹531 to ₹1526 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 531 | 1526 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 597 | 1060 |
February | 716 | 925 |
March | 781 | 990 |
April | 714 | 1008 |
May | 745 | 898 |
June | 606 | 1052 |
July | 531 | 1088 |
August | 784 | 1157 |
September | 957 | 1256 |
October | 1158 | 1358 |
November | 1300 | 1474 |
December | 1423 | 1526 |
It is the biggest supplier of plastic parts for home appliances in India. It has over 500 modern machines of different sizes working in several places. The company’s advantage is its own design and engineering team that uses the latest technology to keep quality high and meet global standards. They make precise plastic parts of all sizes and also provide extra services after moulding, like painting, welding, and printing, to meet what customers need. In 2026, its share price target would be ₹2455, as per our prediction.
Its share price would be between ₹1423 to ₹2455 in 2026, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 1423 | 2455 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1423 | 1681 |
February | 1557 | 1725 |
March | 1652 | 1786 |
April | 1682 | 1835 |
May | 1712 | 1852 |
June | 1742 | 1868 |
July | 1770 | 1956 |
August | 1811 | 2032 |
September | 1845 | 2065 |
October | 1874 | 2241 |
November | 1992 | 2310 |
December | 2254 | 2455 |
It uses fully automatic machines for sheet metal stamping to make sure every part is good quality, low cost, and delivered on time. They make metal parts according to their customers’ needs. At their factories in Ahmednagar and Bhiwadi, they have more than 60 stamping machines of different sizes, so they can handle many kinds of jobs quickly and reliably. In 2027, its share price target would be ₹3360, as per our analysis.
By our prediction, its share price would be between ₹2254 to ₹3360 in 2027.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 2254 | 3360 |
It offers smart and flexible services for different kinds of PCB assemblies. They handle the entire process for their customers, from buying parts to putting the boards together, testing them, packing, and shipping. Their factories use advanced machines that can work with both RoHS and non-RoHS boards, and they use special tools to carefully check the quality and accuracy of every board. They follow strict quality rules to make sure everything is done right and meets important industry standards. In 2028, its share price target would be ₹4257, as per our prediction.
Its share price would be between ₹3221 to ₹4257 in 2028, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 3221 | 4257 |
It makes small to medium-sized moulds for many industries like cars, home appliances, lighting, and electrical parts. Their workshop can make tools in many sizes, from small to very large. Because they handle all steps from designing the tools, making them, to using them for moulding at the same place, they offer complete tooling solutions to their customers. In 2029, its share price target would be ₹5239, as per our analysis.
By our prediction, its share price would be between ₹4100 to ₹5239 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 4100 | 5239 |
It has new and advanced painting and coating factories in Greater Noida, Bhiwadi, and Ahmednagar. They provide strong and nice finishes for many different parts and shapes. These good finishes are important to customers in car car-making, home appliance, and electrical industries because they help products last longer and look better. The machines in these factories work automatically, so they can quickly and carefully do many kinds of painting and coating jobs, making sure every product is protected and looks great. In 2030, its share price target would be ₹6200, as per our prediction.
Its share price would be between ₹5138 to ₹6200 in 2030, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 5138 | 6200 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 5138 | 5301 |
February | 5179 | 5354 |
March | 5223 | 5378 |
April | 5287 | 5447 |
May | 5310 | 5520 |
June | 5357 | 5601 |
July | 5385 | 5758 |
August | 5584 | 5790 |
September | 5625 | 5825 |
October | 5688 | 5920 |
November | 5785 | 6125 |
December | 5925 | 6200 |
It is the biggest manufacturer of room air conditioners in India. It offers a variety of custom services for both window and split ACs. Their modern factories in Ahmednagar and Bhiwadi are some of the most fully equipped AC production units in the country. These factories allow PG to make everything in-house, including plastic parts, metal sheets, fans, heat exchangers, copper pipes, and controllers. In 2040, its share price target would be ₹12604, as per our analysis.
By our prediction, its share price would be between ₹11402 to ₹12604 in 2040.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 11402 | 12604 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 11402 | 11584 |
February | 11471 | 11600 |
March | 11490 | 11637 |
April | 11535 | 11781 |
May | 11623 | 11825 |
June | 11741 | 11892 |
July | 11854 | 11968 |
August | 11900 | 12121 |
September | 11984 | 12257 |
October | 12090 | 12390 |
November | 12182 | 12459 |
December | 12381 | 12604 |
It makes LED TVs through its partnership with Goodworth Electronics at a factory in Greater Noida. This factory can make plastic parts, metal sheets, and use advanced technology to put the TVs together. It also makes washing machines, both semi-automatic and fully-automatic, for over 20 well-known brands. These washing machines are energy-efficient and are produced at their factories in Roorkee and Greater Noida. In 2050, its share price target would be ₹21112, as per our prediction.
Its share price would be between ₹19632 to ₹21112 in 2050, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 19632 | 21112 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 19632 | 19751 |
February | 19688 | 19824 |
March | 19712 | 19985 |
April | 19751 | 20099 |
May | 19782 | 20154 |
June | 19821 | 20275 |
July | 19984 | 20342 |
August | 20125 | 20514 |
September | 20288 | 20685 |
October | 20525 | 20878 |
November | 20685 | 20984 |
December | 20725 | 21112 |
Should I buy PG Electroplast stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 531 | 1526 |
2026 | 1423 | 2455 |
2027 | 2254 | 3360 |
2028 | 3221 | 4257 |
2029 | 4100 | 5239 |
2030 | 5138 | 6200 |
2040 | 11402 | 12604 |
2050 | 19632 | 21112 |
The company is making more money. It makes many types of products, so it doesn’t depend on just one thing. Also, more people in India are buying electronics, which helps the company. But right now, the stock price is a bit high compared to what the company is really worth, and the owners have been selling some of their shares, which could be a warning sign. So, while it could be a good long-term investment, it might be smart to wait for the price to come down or for clear signs of growth before buying.
PG Electroplast earnings results
Mar 2013 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
Sales + | 303 | 703 | 1,112 | 2,160 | 2,746 | 4,870 |
Expenses + | 298 | 653 | 1,023 | 1,983 | 2,484 | 4,385 |
Operating Profit | 5 | 50 | 89 | 177 | 262 | 484 |
OPM % | 2% | 7% | 8% | 8% | 10% | 10% |
Other Income + | 7 | 2 | 5 | 4 | 12 | 35 |
Interest | 11 | 18 | 23 | 48 | 52 | 89 |
Depreciation | 9 | 18 | 22 | 35 | 47 | 66 |
Profit before tax | -9 | 15 | 49 | 98 | 176 | 365 |
Tax % | -43% | 23% | 24% | 21% | 22% | 20% |
Net Profit + | -5 | 12 | 37 | 77 | 135 | 288 |
EPS in Rs | -0.30 | 0.59 | 1.74 | 3.41 | 5.17 | 10.17 |
Dividend Payout % | 0% | 0% | 0% | 0% | 4% | 2% |
Key Metrics
TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
72.39 | 20.07 | 0.03% | 29.01 | 8.03 | 2.35% |
Peers & Comparison
Stock | PE Ratio | PB Ratio | Dividend Yield |
PG Electroplast Ltd | 72.40 | 20.07 | 0.03% |
Bharat Electronics Ltd | 57.82 | 18.82 | 0.57% |
Honeywell Automation India Ltd | 63.80 | 8.27 | 0.28% |
Zen Technologies Ltd | 63.98 | 38.45 | 0.09% |
Is PG Electroplast stock good to buy? (bull case & bear case)

Bull Case:
- The company works with big brands like Samsung and Whirlpool.
- The Indian consumer electronics market is expected to grow at 9.4% annually from 2023-2028.
- It makes over 400 different products, spreading out its risk.
- The company’s revenue grew by 15% year-over-year in the last 2 years.
- It’s expected to post strong quarterly results, with an estimated 10-12% growth in Q2 2025.
- There’s a growing demand for eco-friendly plastics, and the market is expected to grow by 13% per year.
- It could grow more with the increasing demand for smart home products.
Bear Case:
- Promoter ownership has dropped by 16.3% in the last 3 years, which could indicate a lack of confidence from insiders.
- The company relies on a few big clients for about 50% of its revenue.
- The prices of raw materials like plastics and metals have gone up by 25%, which could hurt profits.
- It spent 20% more on capital projects in 2024, which could strain cash flow.
- The consumer durable market slowed down by 3.5% in 2023, which could hurt sales.
Conclusion
The company is doing well financially by making more products in India. It’s also expanding into areas like TVs and home appliances. However, its stock price is higher than what the company might be worth, and the owners have been selling some shares, which could be a concern. But there’s potential for growth. Overall, it is performing well and could do well in the future.