PG Electroplast Limited has announced the allotment of 24,000 equity shares under its Employee Stock Option Scheme 2020. The company informed stock exchanges about this development in compliance with regulatory requirements on February 02, 2026.

ESOP Allotment Details

The Nomination & Remuneration Committee of PG Electroplast Limited approved the allotment during its meeting held on February 02, 2026. The allotment comprises 24,000 equity shares of Rs. 1 face value each, allocated to the PG Electroplast Limited Employees Welfare Trust under the PG Electroplast Employees Stock Options Scheme - 2020.

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up equity share capital. The capital structure has been revised following the ESOP implementation.

Regulatory Compliance

PG Electroplast Limited communicated this development to both major stock exchanges where its shares are listed. The company informed BSE Limited (Scrip Code: 533581) and National Stock Exchange of India Limited (Scrip Symbol: PGEL) about the allotment in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The notification was signed by Deepesh Kedia, Company Secretary, and submitted to the exchanges for record-keeping purposes. This ESOP allotment represents part of the company's employee incentive program designed to align employee interests with shareholder value creation.

PG Electroplast has reported strong third-quarter financial results, demonstrating significant growth across key performance indicators. The company's consolidated financial performance reflects robust operational execution and market expansion during the quarter.

Financial Performance Overview

The company's Q3 results showcase substantial year-on-year improvements in both profitability and revenue generation. PG Electroplast's financial metrics indicate strong business momentum and effective cost management strategies.

Revenue Growth Analysis

The company achieved remarkable revenue expansion, with Q3 revenue reaching ₹14 billion compared to ₹9.68 billion in the corresponding quarter of the previous year. This 45% year-on-year increase demonstrates strong demand for the company's products and successful market penetration strategies.

Profitability Enhancement

PG Electroplast's consolidated net profit performance was particularly impressive, rising 57% year-on-year to ₹620 million in Q3. The previous year's corresponding quarter recorded a net profit of ₹395 million, highlighting the company's improved operational efficiency and margin expansion.

EBITDA Performance

The company's EBITDA grew significantly to ₹1.17 billion in Q3 compared to ₹852 million in the previous year, marking a 37% year-on-year increase. However, the EBITDA margin compressed slightly to 8.28% from 8.80% in the corresponding quarter of the previous year, reflecting the impact of revenue mix and operational factors.

Business Performance Indicators

The strong financial results reflect the company's ability to capitalize on market opportunities while maintaining operational excellence. The significant growth in both revenue and profitability indicates effective business strategy execution and robust demand for the company's electroplast manufacturing solutions.