Pearl Global Industries Share Price

The company is a manufacturing partner for global brands such as Gap, Zara, Tommy Hilfiger and Calvin Klein.

• Business Line
• 5 days 2 hours ago

Apparels & Accessories company Pearl Global Industries announced Q4FY26 & FY26 results Q4FY26 Consolidated Financial Highlights: Revenue stands at Rs 1,314 crore, highest ever quarterly revenue, grew by 6.9% YoY Adj. EBITDA (excl. ESOP expense) came at Rs 135 crore, up 13.7% YoY, with margin at 10.3%, highest ever EBITDA margin in any quarter Adj. EBITDA margin excluding reciprocal tariff impact of ~Rs 5 crore and incremental loss in Bihar / Guatemala of ~Rs 3 crore, stands at ~10.9% PAT for the quarter stands at Rs 81 crore, up 24.6% YoY FY26 Consolidated Financial Highlights: Revenue crossed Rs 5,000 crore milestone, reaching at Rs 5,025 crore, a growth of 11.5% led by volume and high value-added product growth in overseas business Adj. EBITDA (excl. ESOP expense) stands at Rs 468 crore, grew by ~14.0% YoY, EBITDA margin at ~9.3%, improved by 20 bps YoY Adj. EBITDA margin excluding reciprocal tariff impact of ~Rs 36 crore and incremental loss in Bihar and Guatemala of ~Rs 13 crore and, stands at ~10.3% PAT for FY26 stands at Rs 270 crore, up 17.0% YoY Q4FY26 Standalone Financial Highlights: Revenue stands at Rs 304 crore Adj. EBITDA (excl. ESOP expense) stands at Rs 24 crore, EBITDA margin at 7.9% Adj. EBITDA margin excluding reciprocal tariff cost of Rs ~5 crore stands at ~9.6% PAT stands at Rs 14 crore FY26 Standalone Financial Highlights: Revenue stands at Rs 1,081 crore Adj. EBITDA (excl. ESOP expense) stands at Rs 67 crore, EBITDA margin of 6.2%, improved by 60 BPS YoY, mainly due to cost restructuring Adj. EBITDA margin excluding reciprocal tariff cost of Rs ~19 crore stands at ~8.0% PAT stands at Rs 69 crore, compared to Rs 55 crore Pulkit Seth, Vice-Chairman & Non-Executive Director, said: “In FY26, Group delivered another year of resilient performance against a complex geopolitical backdrop. Group achieved, among others, two major milestones this year: revenue crossed the Rs 5,000 crore mark and installed capacity surpassed 100 million pieces per annum. These achievements underscore the company’s scale, operational strength, and sustained growth momentum. During FY26, the global apparel industry faced tariff-related disruptions. Our India operations were impacted by the tariff and penal duties imposed by the US. However, Pearl Global Industries leveraged its diversified, multi-country manufacturing presence to mitigate these challenges. This resilience enabled the Company to deliver double-digit YoY growth and continuous improvement in profitability. With a diversified customer base across geographies & with continuous addition of new customers, we are on track to further solidify our business growth. We continue to pursue our strategy of building capabilities and capacity across group, for which company is planning to outline capital commitment of Rs 200-250 crore during FY27. We believe these capacities and capabilities will lay strong foundation to support our future growth beyond horizon. In line with our stated dividend policy, the company has declared total dividend of Rs 14.5 (290% of face value) per equity share for FY26 which represents highest ever dividend payout ratio i.e. ~25% of FY 26 Group PAT. As we step into the new financial year, the Company is well-positioned to sustain its momentum, supported by both expanded and existing capacities, a strong customer base, and a global footprint. With favorable tariff reductions, FTAs, and capacity readiness, we are well equipped to scale efficiently in the coming years and drive transformational growth, enhanced profitability, and long-term value for our stakeholders.” Pallab Banerjee, Managing Director, said: “In FY26, we achieved second consecutive year of double-digit growth and improved profitability. Revenue for FY26 reached at Rs 5,025 crore, highest ever reflecting a 11.5% year-on-year growth, while EBITDA reached Rs 468 crore, up ~14.0% year-on-year. The EBITDA margin for FY26 stood at ~9.3%, (excluding incremental loss in Bihar/Guatemala and reciprocal tariff, adjusted EBITDA margin stood at 10.3%). This performance further solidifies the position of Pearl Global’s diversified operating model and disciplined execution across geographies. During FY26, the company shipped 78.1 million pieces compared to 74.3 million pieces in FY25. Total installed capacity reached ~101 million pieces, with Bangladesh ongoing capex expected to be completed by H1 FY27, will further increase capacity by ~6-7 million pieces during FY27. With the backdrop of changing geopolitics and Gulf conflicts we foresee energy cost escalation. This is staring to affect raw material and logistic cost. Pearl Global is well prepared to face these headwinds and stride ahead with confidence. USA retail sales are showing good resilience till now and most of them continue to beat estimates. Reversal of tariff decisions is playing a positive role. We continue to see good demand trends from our customers in other markets as well. We are keeping a close watch for the second half of the year. Our customers are well aware of the increase in raw material prices and logistic costs, and these are being factored into the pricing strategies. We will continue to build on the growth momentum established over the past two years, driven by enhanced capacity and a diversified manufacturing presence. Our broad market base, strong order book, and disciplined execution reinforce our ability to deliver sustainable long-term value while maintaining this momentum.” Result PDF

• Trendlyne
• 5 days 8 hours ago

For Q4 ended March 31, 2026, consolidated revenue reached 1,314 crore, a record high for a single quarter, up 6.9% year-on-year

• Business Line
• 1 week 1 day ago