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PG Foils Ltd (PGFOILQ) · mywealthgrid

About

PG Foils Ltd produces aluminium products within the non-ferrous metals sector. It operates at small scale with a ₹243.97 Cr market cap and recent quarterly revenues of ₹100–151 Cr. The business exhibits commodity-like characteristics with thin margins (2.68% average OPM) and volatile profitability.

Face value: ₹10

Market cap

₹235 Cr

P/E

9.8×

P/B

0.7×

Dividend yield

ROE

-2.5%

ROCE

1.1%

Debt / equity

0.43

OPM

-1.7%

EPS (TTM)

₹20.4

Book value

₹279.6

52-week high

₹286.1

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Margin and profit volatility: Operating margins swung from -12.13% (Dec 2023) to 7.44% (Mar 2025), and latest quarter (Mar 2025) posted ₹4.83 Cr loss despite ₹111.76 Cr revenue.
Low returns: ROE of 7.4% suggests weak competitive advantage and limited pricing power in commodity sector.
Commodity price exposure: Aluminium prices and demand subject to macro cycles and imports—verify hedging practices and end-market concentration.
Institutional absence: 0% FII and 0% DII holdings may indicate limited visibility or investor confidence; liquidity and analyst coverage risks.

Generated analysis · source review pending

Growth drivers

Revenue grew 82% from ₹83.76 Cr (Jun 2023) to ₹151.46 Cr (Dec 2024)—verify if sustained and driven by volume, pricing, or product mix.
Operating margin recovered from -12.13% (Dec 2023) to 6.01% (Dec 2024), indicating cost control improvements—verify sustainability and root causes.
Low D/E of 0.15 provides financial flexibility for capacity investments or working capital—verify capex plans and utilization rates.

Generated analysis · source review pending

₹199.5+7.4%1Y

Beta

0.6

Damps index moves

Volatility (1y)

46.1%

Annualised, daily returns

RSI (14)

11.9

Oversold territory

Rel. strength (1y)

-6.3%

Behind the market

Beta is measured against NIFTY 50 over three years of weekly returns — 1 moves with the index, above 1 amplifies it, below 1 damps it.

Quick read

rule-based

Pros

No positive flags triggered.

Cons

−Low return on equity of 3.5% (3-yr avg)
−Modest revenue growth of 4.8% a year over the last 5 years
−Weak interest coverage of 0.3×

Research score

Structured signal from quality, growth, valuation and momentum.

36/100

Business quality: 16
Growth: 13
Valuation: 80
Momentum

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	211	239	250	259	217	252	395	337	317	491	319
COGS	-3	-40	-192	-217	-176	207	310	299	295	437	283
Gross profit	—	—	—	—	—	45	84	39	23	54	36
	205	266	432	469	380	30	40	46	43	41	41
	9	13	10	7	13	15	44	-7	-21	13	-5
OPM %	4.4%	5.6%	4.1%	2.6%	6.2%	6%	11.2%	-2.2%	-6.5%	2.7%	-1.7%
Depreciation	3	3	3	4	5	5	4	4	4	6	6
Interest	4	4	4	9	8	5	6	23	5	5	11
	6	17	—	27	19	13	29	37	50	30	15
Profit before tax	4	24	17	21	16	19	63	2	20	32	-7
Tax	5	6	9	5	3	4	16	2	3	8	1
Tax %	122.6%	27%	56.4%	23.2%	19.4%	21.2%	25.9%	90.8%	15.2%	23.9%	17.1%
	9	17	7	16	15	15	47	0	17	24	-8
PAT margin %	4.3%	7.2%	2.9%	6.3%	6.9%	6.1%	11.8%	0.1%	5.4%	4.9%	-2.6%
EPS (₹)	17	25.3	9	20	18.4	18.9	—	—	14.6	20.4	-7
EPS adjusted (₹)	—	—	—	—	18.3	18.8	51.2	0.2	14.4	20.4	-7
	5.9%	4.3%	13.3%	0%	0%	0%	—	—	0%	0%	—
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	8	8	9	11	12	12	12
Reserves	—	171	248	273	302	326	318
Minority interest	—	—	—	—	—	0	—
	—	175	260	128	69	51	141
	—	28	29	32	29	35	32
Total equity & liabilities	—	383	547	444	413	424	504
	37	34	33	38	38	61	57
CWIP	—	2	1	14	14	0	0
Investments	—	195	234	156	151	141	132
	—	152	280	236	210	222	315
Total assets	—	383	547	444	413	424	504

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	17.8%	21.4%	11.4%	7.1%	11%	11.3%
EBITDA margin %	2.6%	6.2%	6%	11.2%	-2.2%	-6.5%	2.7%	-1.7%
EBIT margin %	1%	4%	4.2%	10.1%	-3.4%	-7.9%	1.4%	-3.7%
PAT margin %	6.3%	6.9%	6.1%	11.8%	0.1%	5.4%	4.9%	-2.6%
Working capital
Receivable days	—	—	79	43	51	87	57	68
Inventory days	—	—	99	84	128	102	75	201
Payable days	—	—	14	10	14	8	8	13
NWC days	—	—	164	118	165	181	124	256
Leverage
Current ratio	—	—	1.61	1.72	2.4	3.82	4.47	2.63
Debt to EBITDA	—	—	11.54	5.9	—	—	3.83	—
Debt to equity	—	—	0.98	1.01	0.45	0.22	0.15	0.43
Interest coverage	3.5	3.2	5.2	12	1.1	5.1	7.2	0.3
Asset turnover	—	—	0.66	0.72	0.76	0.77	1.16	0.63
Return ratios
Return on assets %	—	—	4%	8.5%	0%	4.1%	5.7%	-1.6%
Return on capital employed %	—	—	12.9%	30.4%	9.1%	8.1%	11%	1.1%
Return on equity %	—	—	8.5%	18.1%	0.1%	5.4%	7.1%	-2.5%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	50.99%	50.98%	50.98%	50.98%	50.98%	50.98%	50.98%	50.98%	50.98%	50.98%	54.37%	54.37%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	49.01%	49.02%	49.02%	49.02%	49.02%	49.02%	49.02%	49.02%	49.02%	49.02%	45.63%	45.63%
No. of shareholders	—	—	—	—	—	—	—	—	8,218	8,149	7,798	7,676

Promoter holding up 3.38 percentage points since Sep 2023.

20 deals · 6 Aug 2021 – 18 Aug 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
18 Aug 2026	STONE COLOUR EXIM PRIVATE LTD	Bulk	BSE	Sell	2,50,000	₹195.90	₹4.90 Cr
18 Aug 2026	FOILS INDIA LAMINATES PRIVATE LTD	Bulk	BSE	Buy	1,50,000	₹195.65	₹2.93 Cr
18 Aug 2026	PIPALIA CABLES AND WIRES PRIVATE LIMITED	Bulk	BSE	Buy	1,00,000	₹196.28	₹1.96 Cr
25 Mar 2026	FOILS INDIA LAMINATES PRIVATE LTD	Bulk	BSE	Buy	2,00,000	₹216.56	₹4.33 Cr
25 Mar 2026	STONE COLOUR EXIM PRIVATE LTD	Bulk	BSE	Sell	2,00,000	₹216.56	₹4.33 Cr
24 Mar 2026	STONE COLOUR EXIM PRIVATE LTD	Bulk	BSE	Sell	2,00,000	₹214.34	₹4.29 Cr
24 Mar 2026	PIPALIA CABLES AND WIRES PRIVATE LIMITED	Bulk	BSE	Buy	2,00,000	₹214.36	₹4.29 Cr
29 Jan 2025	SEEMA MANISH NUWAL	Bulk	BSE	Sell	1,54,090	₹317.41	₹4.89 Cr
29 Jan 2025	RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED	Bulk	BSE	Buy	94,593	₹314.30	₹2.97 Cr
17 Dec 2024	ABHISEK BHUTRA HUF	Bulk	BSE	Buy	63,000	₹228.90	₹1.44 Cr

1–10 of 20

1 / 2

Mr. PANKAJ P SHAHExecutive Director-Chairperson-MD
Mr. SAHIL P SHAHExecutive Director
Mr. SUNIL KATARIANon-Executive - Independent Director
Mr. NARENDRA KUMAR AMBALAL PORWALNon-Executive - Independent Director-Shareholder Director
Mrs. SAKSHI S SHAHNon-Executive - Non Independent Director
Mr. AMIT AGGARWALNon-Executive - Independent Director
Mr. Naveen Kumar JainChief Financial Officer
Miss Bhawana SongaraCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in PG Foils Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

6

Interim dividend25 Nov 2021 · ex-date₹2
Interim dividend23 Feb 2018 · ex-date₹1.2
Interim dividend10 Mar 2017 · ex-date₹1.1
Interim dividend24 Feb 2016 · ex-date₹1
Dividend dividend22 Sept 2011 · ex-date₹1
Dividend dividend18 Sept 2008 · ex-date₹1

1

Board meeting to consider results13 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

23 announcementsExport CSV

30 Sept 2026, 6:08 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

21 Sept 2026, 12:20 pmAGM/EGM

Chairman''s Speech At The 47Th Annual General Meeting Of The Company.

AGM PDF

21 Sept 2026, 12:10 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

31 Aug 2026, 12:57 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

29 Aug 2026, 8:14 pmCompany Update

Letter To Shareholders - Integrated Annual Report FY 2025-26

General PDF

29 Aug 2026, 7:57 pmAGM/EGM

Notice Of Annual General Meeting

AGM PDF

29 Aug 2026, 5:55 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

15 Aug 2026, 2:18 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

Date	Category	Subject	Filing
30 Sept 2026, 6:08 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
21 Sept 2026, 12:20 pm	AGM/EGM AGM	Chairman''s Speech At The 47Th Annual General Meeting Of The Company.	PDF

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Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Vedanta Aluminium Metal LimitedVAMLVAML	₹1,57,491 Cr	₹1,57,491 Cr	₹0 Cr	₹-0 Cr	—	₹-0 Cr	—	—	—	—
National Aluminium Company LimitedNATIONALUMNATIONALUM	₹61,508 Cr	₹61,508 Cr	₹19,338 Cr	₹9,162 Cr	44.5%	₹6,751 Cr	32.5%	36.8%	29.4%	152
Arfin India LimitedARFINARFIN	₹1,472 Cr	₹1,601 Cr	₹722 Cr	₹50 Cr	7.5%	₹18 Cr	2.5%	22.2%	9.4%	135
Maan Aluminium LimitedMAANALUMAANALU	₹596 Cr	₹650 Cr	₹829 Cr	₹21 Cr	2.5%	₹14 Cr	1.6%	9.5%	5.8%	64
Msafe Equipments LtdMSAFEMSAFE	₹540 Cr	—	₹104 Cr	₹41 Cr	39.5%	₹22 Cr	21.7%	—	—	—
PG Foils LtdPGFOILQPGFOILQ	₹235 Cr	₹377 Cr	₹491 Cr	₹13 Cr	-1.7%	₹24 Cr	-2.6%	1.1%	-2.5%	256
Manaksia Aluminium Company LimitedMANAKALUCOMANAKALUCO	₹221 Cr	₹462 Cr	₹569 Cr	₹50 Cr	8.4%	₹9 Cr	1.3%	18.2%	5.4%	124
Palco Metals LtdPALCOPALCO	₹73 Cr	₹74 Cr	₹0 Cr	₹0 Cr	—	₹-0 Cr	—	-1.1%	-5.2%	—
Hind Aluminium Industries LtdHINDALUMIHINDALUMI	₹57 Cr	—	₹1 Cr	₹-5 Cr	-379%	₹16 Cr	—	8.9%	22.4%	88
Sacheta Metals LtdSACHEMTSACHEMT	₹46 Cr	₹65 Cr	₹92 Cr	₹4 Cr	4.5%	₹2 Cr	2.4%	7.4%	3.9%	141
Sudal Industries LtdSUDAISUDAI	₹45 Cr	₹61 Cr	₹82 Cr	₹6 Cr	6.5%	₹-14 Cr	-0.5%	16.3%	-3.7%	25
Jivial Industries LtdJIVIALJIVIAL	₹37 Cr	—	₹18 Cr	₹5 Cr	27.5%	₹4 Cr	21.3%	—	—	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-32	-82	77	21	17	-110
	-13	1	89	42	3	13
	45	81	-155	-74	-8	87
Net cash flow	0	0	11	-11	12	-10
Free cash flow	-33	-83	55	16	1	-121
CFO / Operating profit %	-208.6%	-185%	—	—	130.3%	—

PG Foils Ltd

PG Foils Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

6

1

Announcements

6

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Compounded sales growth

Stock price CAGR

Return on equity

PG Foils Ltd

PG Foils Ltd

About

Key insights

Key risks

Growth drivers

Risk & technicals

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends6

Board meetings1

Announcements

Dividends6

Board meetings1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Stock price CAGR

Return on equity

6

1

6

1