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Earnings Call Transcript

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.

Why this was an Alfa AlertRevenue beat own guidance: guided None–3158.0, achieved 5000.0 (+58.3% above upper end, mgmt confirmed).
Guidance and delivery
Revenue guidance 14.0% → 18.0% Raised by 4.0 percentage points
Management target Revenue 18.0% FY30
Highlights
Revenue growth17% CAGR delivered; Q1 revenue reached ₹1,500 Cr.
MarginsExpanding; reached 10.7% EBITDA in Q1 FY27.
Demand visibilityStrong; customers seeking 'China +1' and multi-region supply chains.
Management confidenceHigh; emphasizing resilience against geopolitical and tariff disruptions.

Growth

17% Revenue CAGR and 22% EBITDA CAGR delivered over three years; volume-led growth with realization improvements.

Outlook

Targets ₹9,000-10,000 Cr revenue and 12-14% EBITDA by FY30 via backward vertical integration.

Risks

Geopolitical instability in Bangladesh and potential US tariff changes remain key external variable threats.

Last quarter's promises, checked

Delivered

  • Targeted 108M pc capacity by FY28 → delivered 108M by Oct 2026 (= BEAT)
  • Guided double-digit EBITDA margin → delivered 10.7% Q1 FY27 (= BEAT)
  • Guided 12-14% CAGR revenue growth → delivered 24.5% YoY (= BEAT)

Partly delivered

  • Guided Bihar unit 2 start Oct/Nov → status: under construction (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, NSE: PGIL. Summary written with AI assistance from the document.

Read 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

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14:55 IST BSE
Production Started

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
17:06 IST BSE
Other Announcement

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.

09:39 IST BSE
Bonus Issue

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.

18:27 IST NSE
Bonus Issue

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.

14:58 IST BSE
Annual General Meeting

Pearl Global Industries Annual General Meeting

Pearl Global Industries filed postal ballot voting results with scrutinizer's report. Three resolutions were approved by shareholders via remote e-voting.