PG Electroplast · tone and specificity signals across the available quarters.
Language signals
The most of the brands are not able to utilize the capacities as per plan and most of them for most of them at least our analysis says that the manufacturing remains uneconomical in the sense that it is not doing any value creation for them.
We have not lost a single client and in most of the clients our market share has actually increased over a period of time. This makes the business model resilient and gives us confidence in maintaining per-piece margins.
Price increase is surely likely to come. Because the kind of movement which we have seen in the commodity especially copper and aluminium, it's not possible to actually absorb that kind of a price increase by anybody.
Together these two items alone accounted for an aggregate revenue loss of approximately 420 crores in the quarter on a base of 1717 crores. So had these sales happened we would have actually crossed 2,100 crores plus sales.
This is the last year of the PLI targets achievement for all the brands and there is a lot of desperation with certain people because they are not able to achieve their PLI targets so that puts us also some pressure on us just to be very conscious about this fact.
Whatever price increase we have taken probably it's been good till maybe April and May and if the season continues well into June or July etc then the costs have further gone up from our price increases.
We are very hopeful that if the normal situation is there then yes, we very much hope that we should be able to cross that PAT. We delivered in FY25 PAT of around 270 crores and we expect to cross that in FY27 if things normalize.