Pearl Global Industries Limited share price

NSE: PGIL · ISIN INE940H01022

Key numbers

Market cap
₹ 12,278 Cr
Current price
₹ 1,329.10
52-week high / low
₹ 1,355 / 600
Stock P/E
39.5
Book value
₹ 158.2
Dividend yield
0.79%
ROCE
17.2%
ROE
21.2%
Debt to equity
0.65
Sales growth (3 yrs)
17.5%
Profit growth (3 yrs)
23.0%
1-year return
96.6%

About Pearl Global Industries Limited

Pearl Global Industries Limited, together with its subsidiaries, manufactures and sells readymade garments in India and internationally. The company offers knits, wovens, denim, outerwear, sleepwear and lounge, childrenswear, woven and knit garments, womenswear, menswear, activewear, and athleisure. It is also involved in the trading of ready-to-wear apparel; and skill development business. The company was formerly known as House of Pearl Fashions Limited. Pearl Global Industries Limited was incorporated in 1987 and is based in Gurugram, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,2281,3131,1701,3141,528
Operating profit11212196135164
Net profit68735383101
EPS (₹)14.7615.9511.5718.0521.77

Concall summary (2026-08-13)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Adjusted EBITDA excluding ESOP expenses stood at INR164 crores, up by 44.1% compared to quarter 1 FY26.
  • The company shipped 20.8 million pieces in quarter 1 FY27, highest ever in Q1 series, up from 17.2 million pieces in quarter 1 FY26.

Growth & demand

  • Consolidated revenue grew to INR1,528 crores, up 24.5% year-on-year.
  • This strong growth was driven by a strong volume growth across our manufacturing locations.

Margins & costs

  • During this quarter, we achieved a revenue of INR1,52 8 crore s, and our EBITDA stood at INR164 crores, which is a 10.7% margin, and a PAT of INR99 crore s.
  • Adjusted EBITDA excluding ESOP expenses sto od at INR22 crores, EBITDA margin at 6.6% versus 7.3% in Q1 FY26.

Capex & expansion

  • Our ongoing capacity expansion projects in Bangladesh along with the sustainable laundry operations that we are starting in September and we should be becoming operational and execute orders in the second half of this year.
  • Further, we are in the process of outlining capex commitment of approximately INR200 to INR250 crores for FY27 across geographies.

Balance sheet & cash

  • This is driven by improvement in product mix and the operating leverage which we witnessed in couple of our manufacturing location.
  • During the quarter, we received a total dividend of INR5 crores from Pearl Global Hong Kong, Hong Kong subsidiary company of PGIL.

Peers in Apparel Manufacturing

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