| Management target | Revenue 14.0% FY28 |
|---|
| Revenue growth | 24.5% YoY growth, highest ever consolidated revenue recorded this quarter. |
|---|---|
| Margins | Structural expansion to 10.7% driven by high-value winter/outerwear mix. |
| Order book | Strong order book led by diversified global manufacturing and multi-category products. |
| Demand visibility | Healthy visibility in US/EU markets with shifting sourcing from China. |
| Management confidence | Balanced; confident in sustaining double-digit EBITDA margins despite macro challenges. |
Growth
Revenue grew 24.5% YoY to ₹1,528 Cr, with EBITDA margins expanding 140 bps to 10.7% due to premiumization.
Outlook
Reconfirming goal to cross ₹6,000 Cr revenue by FY28, with 10-12% sustainable EBITDA margins target.
Risks
Logistical disruptions (container shortages, Red Sea issues) and rising minimum wages in Haryana and Noida impact costs.
Last quarter's promises, checked
Delivered
- Revenue growth guided 12-15% → delivered 24.5% (= BEAT)
- EBITDA margin guided 10.1% (adj) → delivered 10.7% (= BEAT)
- Bangladesh capacity expansion on track → construction committed/ongoing (= BEAT)
Partly delivered
- India revenue target ₹1500-1600Cr → current run rate ₹1100Cr (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: PGIL. Summary written with AI assistance from the document.
Pearl Global Industries Ltd: key numbers
- Share price
- ₹1,329.10
- Market cap
- ₹12,278 Cr
- Revenue (annual)
- ₹5,025 Cr
- Net profit (annual)
- ₹277.6 Cr
- P/E (TTM)
- 39.6×Sector 55.7×
- Promoter holding
- 59.91%-1.25% QoQ
- FII holding
- 6.76%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Pearl Global Industries Ltd
All →Pearl Global Industries Earnings Call Transcript: Key Takeaways
Pearl Global is aggressively outperforming its 2023 roadmap, achieving 17% revenue CAGR and double-digit EBITDA margins ahead of schedule through a multi-geography asset-light model.
- Call
- Guides 18% growth
Pearl Global Industries Investor Presentation: Key Takeaways
Pearl Global delivered record Q1 results driven by strong volumes and product mix, capitalizing on sourcing shifts away from China.
- Call
- Guides 18% growth
Pearl Global Industries Production Started
PGIL commissioned a new Bangladesh manufacturing and laundry facility, adding ~7 million pieces annually. Total installed capacity now reaches ~108 million pieces per annum.
- garment manufacturing capacity (new Bangladesh unit)
- 7 million pieces/annum
Pearl Global Industries Other Announcement
Pearl Global Industries Ltd filed its quarterly shareholding pattern statement for the period ending September 15, 2026, as required by SEBI regulations.
Pearl Global Industries Bonus Issue
Pearl Global Industries allotted 4.62 crore bonus shares at 1:1 ratio on September 15, 2026. Paid-up capital increased from ₹23.10 Cr to ₹46.19 Cr.
Pearl Global Industries Bonus Issue
Pearl Global Industries Limited fixed September 11, 2026, as the record date for its 1:1 bonus issue. This will result in the issuance of 4.62 crore equity shares.