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Pearl Global Industries Ltd

₹ 1,621-0.26%
07 Jan – close price
🔗pearlglobal.com•BSE: 532808•NSE: PGIL
Market Cap₹ 7,485 Cr.
Current Price₹ 1,621
High / Low₹ 1,993
Stock P/E114
Book Value₹ 124
Dividend Yield0.71 %
ROCE11.2 %
ROE9.54 %
Face Value₹ 5.00
Sales₹ 1,164 Cr.
OPM6.41 %
Mar Cap₹ 7,485 Cr.

ABOUT

Pearl Global Industries Ltd. incorporated in 1987.[1]Pearl Global Industries Limited (PGIL) is a garment exporter, manufacturing from multiple sourcing regions within India and countries within South Asia. The product range includes knits, woven, and bottoms across men, women, and kids' wear segments.[2]

KEY POINTS

Business Profile[1]Pearl Global Industries is a global apparel manufacturing and export company, offering solutions including design, manufacturing, and supply chain management. It caters to top global fashion retailers through multi-country manufacturing facilities and strategic design and sales offices. The company focuses on women’s fashion, men’s wear, and kids' wear.

Also present in buckets:
Excellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Page Industries35380.0051.6739486.142.54194.76-0.261290.863.5859.405018.5422.16764.23194.7628.0127.380.19
2.Arvind Ltd309.8019.748116.401.21106.7473.142371.148.3513.048687.3610.42411.10103.402.124.650.40
3.Pearl Global Ind1621.00113.737484.760.7114.74-2.32264.04-8.0211.161163.656.4165.8114.7513.074.600.50
4.Gokaldas Exports684.7032.885021.830.008.08-71.31984.355.9610.623943.259.85152.758.082.334.380.46
5.Kitex Garments172.0438.113426.580.29-6.22-113.21122.10-43.4410.16895.2813.8289.91-4.933.296.011.14
6.Lux Industries1059.2024.753182.020.1923.84-53.00778.8416.0812.542755.577.48128.5723.841.786.920.29
7.Kewal Kir.Cloth.468.2523.242885.600.4342.55-34.00287.8413.6918.79905.0518.70124.1642.553.2910.930.18
–Median: 36 Co.143.0928.95563.970.06.1118.2292.838.3512.63294.949.4616.66.112.255.60.41

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
201158235258276267275320397301218287264
Expenses
191161228238264248253301359284211284254
Operating Profit
10-38201218211939168310
Other Income
516129212622117362022
Profit before tax
31415202830133071915
Tax %
26%-554%6%25%21%8%5%10%22%24%11%-32%2%
Net Profit
244121626281223611215
EPS in Rs
0.540.810.912.683.645.626.452.735.061.290.282.523.21

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
6636247688587118408257719341,1049541,1961,164
Expenses
6396057518527127998037738861,0289071,1321,089
Operating Profit
2419176-24122-24876466475
Other Income
20273245472935373539416067
Interest
21212023262628262934323436
Depreciation
8101011131318181819242728
Profit before tax
1515191873211-93662306377
Net Profit
15101317322512754285568
EPS in Rs
3.402.363.083.930.614.971.160.186.2712.436.4811.9514.80
Dividend Payout %
29%48%49%38%163%30%0%0%40%30%270%96%–

Compounded Profit Growth

10 Years:15%
5 Years:61%
3 Years:22%
TTM:55%

Compounded Sales Growth

10 Years:7%
5 Years:8%
3 Years:9%
TTM:12%

Return on Equity

10 Years:5%
5 Years:7%
3 Years:10%
Last Year:10%

Stock Price CAGR

10 Years:30%
5 Years:76%
3 Years:102%
1 Year:4%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
22222222222222222222222323
Reserves
260266267283277295284292322359352539547
Borrowings
111119144183231203253247285242270314287
Other Liabilities
129142150201123170155216235159195224209
Total Liabilities
5215485826886536897147778637828401,0991,066
Fixed Assets
145168168209202207233219206217244264287
Gross Block
204.09238.51246.69220.12224.60241.89283.99287.74287.35315.41364.33396.77–
Accumulated Depreciation
59.3671.0078.9110.9122.5134.9751.3369.1481.7398.20120.56132.43–
CWIP
130431220071413
Investments
5665107129138119126127132132125164293
Other Assets
307316304347313362353431526425457670484
Total Assets
5215485826886536897147778637828401,0991,066

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
6231324-33271241-23916243
Cash from Investing Activity
-27-11-20-38723-3215737-12-28
Cash from Financing Activity
-24-14-12324-4819-3114-104-56115
Net Cash Flow
11612-11-22-225-324-6130

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
283131384548436945374844
Inventory Days
1081198711512611813510218991133116
Days Payable
70807410774928312515285141111
Cash Conversion Cycle
667043469675954682434048
Working Capital Days
63-14-1623819307-3-3
ROCE %
9%9%9%8%6%10%7%1%10%14%10%11%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
66.58%66.58%66.58%66.58%66.23%66.19%66.17%62.91%62.82%62.81%62.78%62.75%
FIIs
5.25%5.17%5.03%5.30%5.25%5.45%5.39%4.57%5.20%7.39%6.80%6.50%
DIIs
1.22%1.24%1.05%0.50%0.43%0.49%0.61%9.31%11.24%11.56%12.77%14.02%
Public
26.95%27.01%27.32%27.61%28.09%27.87%27.84%23.20%20.75%18.24%17.65%16.73%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Pearl Global Launches 'Saksham Niveshak' Campaign to Help Shareholders Claim Unclaimed Dividends

2nd April 2026, 11:08 pm

Pearl Global Incorporates Singapore Subsidiary for International Trading

27th March 2026, 10:12 pm

Pearl Global to close trading window from April 1 for Q4/FY26 results

24th March 2026, 8:36 pm

Pearl Global to Host Analyst/Investor Plant Visit on March 27 at Chennai Plant

20th March 2026, 10:04 pm

Corporate India Buzz: Share Transfer Window Opens, Key E-voting Decisions and Recovery Notices Issued

21st February 2026, 5:31 pm

Published by Other Websites

External media mentions & references

RoDTEP Incentives Restored: Export Stocks Surge on Tax Relief

24th March 2026, 9:14 am

Pearl Global Surges as US Tariff Uncertainty Eases on Court Ruling

5th March 2026, 9:57 am

Pearl Global Outlook Brightens as US Tariff Uncertainty Eases

5th March 2026, 9:42 am

Govt Halves Textile Export Benefits; Gokaldas, Arvind Shares Tumble

24th February 2026, 12:46 pm

Textile Shares Dive as Government Halves Export Benefits, US Tariffs Loom

24th February 2026, 11:55 am

News Articles

Editorial & research coverage

Textile Rally: US Trade Deal Hype vs. Real-World Challenges
Textile Rally: US Trade Deal Hype vs. Real-World Challenges

13th February 2026, 2:03 pm

US-Bangladesh Deal Sparks Indian Textile Sell-off; FTAs Offer Deeper Advantage
US-Bangladesh Deal Sparks Indian Textile Sell-off; FTAs Offer Deeper Advantage

10th February 2026, 9:28 pm

Textile Stocks Tumble on US-Bangladesh Deal; Deeper FTAs Signal Resilience
Textile Stocks Tumble on US-Bangladesh Deal; Deeper FTAs Signal Resilience

10th February 2026, 2:46 pm

Pearl Global: Tariff Relief Fuels Growth, Diversification Key
Pearl Global: Tariff Relief Fuels Growth, Diversification Key

7th February 2026, 1:36 pm

US Tariff Cut Sparks Textile Stock Rally, Analyst Caution Remains
US Tariff Cut Sparks Textile Stock Rally, Analyst Caution Remains

4th February 2026, 11:25 am

Documents

Announcements

Announcement under Regulation 30 (LODR)-Change in Registered Office Address

2d - Registered office moved from New Delhi to Pearl Tower, Sector 32, Gurgaon (CIN updated), effective Jan 5, 2026.

Closure of Trading Window
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

19 Dec - Of allotment of 47,600 equity shares under the ESOP Scheme-2022

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

18 Nov 2025 - Transcript of the conference call with Investors/Analysts, held on November 12, 2025 to discuss the un-audited financial results for the quarter and Half year ended …

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

12 Nov 2025 - Audio recording of Q2 FY26 earnings call uploaded; transcript to be submitted and posted.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2011

(from nse)

Financial Year 2011

(from bse)

Credit Ratings

Rating update

19 Sep 2025 from icra

Rating update

26 Nov 2024 from icra

Rating update

3 Sep 2024 from icra

Rating update

30 Aug 2023 from icra

Rating update

30 Aug 2021 from icra

Rating update

12 Aug 2021 from icra

Concalls

Nov 2025

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May 2025

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Feb 2025

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Nov 2024

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Nov 2023

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Nov 2022

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Nov 2016

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Stock Analysis

Description

  1. Pearl Global Industries Limited (PGIL) is a garment exporter engaged in manufacturing knitwear and woven garments for men, women, and children, catering to global fashion retailers from sourcing regions within India and South Asia.

Key Growth Triggers

  1. Currently no data available for Key Growth Triggers.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. Currently no data available for Key Red Flags.

Key Dates To Watch

  1. Currently no data available for Key Dates To Watch.

Corporate Announcements

2nd Apr 26
Impact Rating: 5
Pearl Global Industries is conducting a Second 100-Day Campaign, 'Saksham Niveshak', from April 1 to July 9, 2026, to help shareholders claim unpaid dividends and update their details before they are transferred to the IEPF.
27th Mar 26
Impact Rating: 7
Pearl Global Industries Limited has established Pearl Global Fashion Singapore Pte Limited, a wholly owned subsidiary in Singapore, to operate as a trading company for Asian, European, and US clients.
24th Mar 26
Impact Rating: 5
In compliance with SEBI, Pearl Global Industries will shut its trading window starting April 1, 2026. This closure is effective until 48 hours after the company declares its audited financial results for the quarter and year ending March 31, 2026.
20th Mar 26
Impact Rating: 6
Pearl Global Industries has scheduled a physical group plant visit for analysts and institutional investors on March 27, 2026, at its Chennai plant, starting at 10:00 am. Discussions will cover only publicly available information.
21st Feb 26
Impact Rating: -
No description available.