ALFA Finder
The call ran from 4:31 PM to 5:45 PM IST (1 h 15 min).
Key takeaways
Record H1 revenue ₹3,330 Cr (+31.1%) and Q2 ₹1,802 Cr (+37.2%), but profit is cushioned by one-off tariff gains and receivable days rose from 30 to 50.
| Revenue growth | H1 +31.1%, Q2 +37.2% YoY; includes one-time gains. |
|---|---|
| Margins | Adj. EBITDA margin 10.5% H1, up 120bps; Q2 10.2%, up ~95bps YoY. |
| Order book | Q3 order book described as healthy; Q4 build-up pending. |
| Demand visibility | US retailers lean inventory; holiday window shorter; Q3 order book healthy. |
| Management confidence | Optimistic; openly flags Bangladesh wage and receivables risks. |
Growth
Q2 revenue +37.2% YoY; EBITDA +51.1% includes ₹10 Cr one-time tariff gain and ₹98 Cr value-added services.
Outlook
₹6,000 Cr+ revenue target (timing cited as FY27, then FY28); ₹900-950 Cr capex through FY30; EBITDA margin 12-14% by FY30.
Risks
Receivable days 30→50, working capital days 56; short-term borrowing up ₹210 Cr; Bangladesh wage hike and unrest; India utilisation ~68-69%.
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Pearl Global Industries Q2 FY27 Results: Net Profit ₹125.8 Cr, Up 74.7% YoY
Pearl Global Industries Ltd reported revenue from operations of ₹1,802 Cr (+37.2% YoY) and net profit of ₹125.8 Cr (+74.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹125.8 Cr · +74.7% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Targets ₹9,000-10,000 Cr revenue and 12-14% EBITDA by FY30 via backward vertical integration.
Growth they described
17% Revenue CAGR and 22% EBITDA CAGR delivered over three years; volume-led growth with realization improvements.
Call details
| Company | Pearl Global Industries Ltd |
|---|---|
| NSE symbol | PGIL |
| ISIN | INE940H01022 |
| Call | Q2 FY27 earnings call |
| Date | Friday, 6 November 2026 |
| Time | 4:30 PM IST |
| Length | 1 h 15 min |
| Audio | Our stream on YouTube ↗ |
Pearl Global Industries Ltd: key numbers
- Share price
- ₹1,338.80
- Market cap
- ₹12,383 Cr
- Revenue (annual)
- ₹5,025 Cr
- Net profit (annual)
- ₹277.6 Cr
- P/E (TTM)
- 34.1×Sector 48.4×
- Promoter holding
- 59.91%-1.20% QoQ
- FII holding
- 6.70%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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