The company’s capex target for FY26 remains unchanged at Rs 700–750 crore.

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PG Electroplast Ltd. is confident of achieving a revenue growth of 15-20% in the room air-conditioner (RAC) business in FY26, according to its Managing Director, Vikas Gupta.

“We are quite confident that by the end of FY26, we will end RAC with a growth of around 15% to 20%, on the back of the industry degrowth of almost 10%. It is based on the order book and the forecast that we have till the FY26,” he said during a conversation with NDTV Profit on Friday.

Diversification into non-RAC products is also paying off. The washing-machine segment has grown over 50% in the first half and the management expects to su

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