PG Electroplast is an Electronic Manufacturing Services (EMS) provider for Original Equipment Manufacturers (OEMs) of consumer electronic products in India. It manufacture and/or assemble a comprehensive range of consumer electronic components and finished products such as colour television (CTV) sets & components, air conditioners (ACs) sub-assemblies, DVD players, water purifiers and Compact Fluorescent Lamps (CFL) for third parties. As backward integration, it also do plastic injection moulding and manufacture Printed Circuit Boards (PCB) assemblies for CTVs, DVD players and CFL. Some of its clients include leading brands in the electronic products market.

It has four operational manufacturing facilities located at Greater Noida in Uttar Pradesh (Unit I and Unit III), at Roorkee in Uttrakhand (Unit II), and at Ahmednagar in Maharshtra (Unit IV). It commenced manufacturing operations at Unit I in Greater Noida facility in FY 2002-03, at Unit II in Roorkee facility in FY 2007-08, at Unit III in Greater Noida in FY 2011-12 and at Unit IV in Ahmednagar in FY 2010-11.

At present, it has a consolidated installed capacity of manufacturing 16,00,000 pieces p.a. of PCB assemblies for CTVs and DVD players; 16,056 tonnes p.a. for plastic injection moulding; 16,05,000 sets p.a. of CTVs; 30,00,000 pieces p.a. of PCB assemblies for CFL; 30,00,000 pieces p.a. of CFL assemblies; and 3,00,000 pieces of DVD players at its manufacturing facilities in Greater Noida (Unit I and Unit III), Roorkee (Unit II) and Ahmednagar (Unit IV).

Business of the company

Plastic Moulding
PCB Assemblies also called PCBA
Colour TVs assembly
CFL Manufacturing
VCD/DVD Players
Water Purifier Manufacturing

Awards & Recognition

3rd prize in Business Partners Excellence Award, 2004, in the moulding category by LG Electronics India Private Limited
Business Partners Excellence Award, 2005, for innovation and six sigma by LG Electronics India Private Limited
Business Partners Excellence Award, Q1 2006, in the moulding category by LG Electronics India Private Limited
Business Partners Excellence Award, Q2 2006, for best improvement in quality by LG Electronics India Private Limited
“Q” Achiever Award, 2006-07, by MIRC Electronics Limited
Excellence Award, Q2 2007, for best performance in Q, C, D in Molding category by LG Electronics India Private Limited
Excellence Award, 2008, for best performance in Q, C, D in Molding category by LG Electronics India Private Limited
FEPS Implementation Award, H1 2009, by LG Electronics India Private Limited
Best Quality Award, Q3 2009, by LG Electronics India Private Limited
Certificate of Participation for DOL TDR Activity in Q4 2009 by LG Electronics India Private Limited
Best Innovation Award for ILO Support activity in Q2 2010 by LG Electronics India Private Limited
Appreciation award for achieving Level 2 in Leveled Production by LG Electronics India Private Limited

Market Cap	4,635 Cr	ROE	22.1%
P/E Ratio(TTM)	48.9	EPS(TTM)	0.0
P/B Ratio	5.0	Dividend Yield	0.0%
Industry P/E	70.9	Book Value	355.5
		Face Value	10.0

Fundamentals