| Revenue growth | 4% YoY for FY26. |
|---|---|
| Margins | Gross margins improved 48bps to 20.6% in FY26. |
| Order book | ₹5,074cr as of April 2026, up 11%. |
| Demand visibility | Encouraging visibility for FY27 via 11% higher order book. |
| Management confidence | High on mid-teens long-term growth. |
Growth
FY26 Revenue grew 4% to ₹13,110cr; GMV grew 5% to ₹19,666cr. PAT declined to ₹178cr from ₹241cr.
Outlook
Targeting 40-50bps annual gross margin improvement and mid-teens growth over the medium-to-long term. Order book up 11%.
Risks
Cautious consumer sentiment, geopolitical disruptions, and challenges in the brand wholesale business (Ted Baker/New Lobster).
Earnings Call filed with BSE, NSE: PDSL. Summary written with AI assistance from the document.
PDS Ltd: key numbers
- Share price
- ₹412.25
- Market cap
- ₹5,833 Cr
- Revenue (annual)
- ₹13,110 Cr
- Net profit (annual)
- ₹111.7 Cr
- P/E (TTM)
- 44.9×Sector 46.9×
- Promoter holding
- 61.36%-0.01% QoQ
- FII holding
- 4.13%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from PDS Ltd
All →PDS Earnings Call Transcript: Key Takeaways
Record Q2 revenue of ₹4,432 Cr (+30% YoY), EBITDA +49% to ₹153 Cr, PAT +44% to ₹70 Cr, net cash ₹154 Cr. Management stays cautious and gives no numeric FY27 revenue guidance.
PDS Management Change
PDS Limited disclosed the resignation of Non-Executive Independent Director Bangalore Gangaiah Srinivas, effective November 4, 2026. The resignation cites pre-occupation and personal commitments, with no other material reason.
PDS Dividend
PDS Limited declared an interim dividend of Rs 2.2 per share for 2026-27 on November 4, 2026. Record date is November 11, 2026.
PDS Results Update
PDS Limited's press release reports record Q2 FY27 revenue of Rs 4,432 crore and PAT up 144% quarter-on-quarter. It also declares an interim dividend of Rs 2.20 per share.
PDS Other Announcement
PDS Limited submitted the CRISIL Ratings monitoring agency report for the quarter ended September 30, 2026. It confirms no deviation in the utilisation of its QIP proceeds.
PDS Investor Presentation: Key Takeaways
Record Q2 FY27 revenue ₹4,432cr (+30% YoY), EBITDA margin 3.5% (+44bps), PAT ₹70cr (+44%). H1 revenue ₹7,876cr (+23%); net cash ₹154cr.