PDSLConsumer Discretionary

PDS Limited

Trading - Textile Products · ISIN INE111Q01021 · BSE 538730 · NSE EQ · FV ₹2
Last price
₹345
+2.61%today
What this company does

PDS Limited operates in Trading - Textile Products, part of the Consumer Discretionary sector. It booked ₹3,444 cr of revenue in its latest quarter (Q1 FY27) and kept 0.5% of sales as profit. It is the largest of 4 Trading - Textile Products companies we track, by market value.

that resilience is shaped by the way the The walking silhouette represents our purposeful progress, moving forward with confidence through an ever-changing landscape.
In the report:
49out of 100
Equitytale Health Score
Mixed

Healthier than 49% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
42

At close. Not part of the score.

Profitability & returns43

How much profit it earns on the money it employs

Balance sheet30

How much it owes, and whether earnings cover the interest

Cash quality84

Whether reported profit actually arrives as cash

Growth & consistency46

Whether sales and profit have grown, and how steadily

Valuation19

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 15% vs last year
Profit up 45% vs last year
Promoters hold 61%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 0.5% net margin
! Low 4.3% return on equity

What if I invest in PDSL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 9% a year, it would become
₹19.11 lakh

The slider starts at 9%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹345 +2.61%
latest close · 2026-09-17
52-wk low ₹32542 sessions so far52-wk high ₹389
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio64.9High
LowAverageHigh
P/B ratio2.77Moderate
Below bookModerateHigh
EV / EBITDA12.5Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity4.3%Weak
WeakFairStrong ▸15%
Return on capital13.1%Fair
WeakFairStrong
Net margin0.5%Thin
ThinDecentStrong
EBITDA margin3.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.61Moderate
LowModerateHigh ▸1
Interest cover1.9×Risky
RiskyOkayStrong ▸5×
Current ratio1.20Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹4,878 cr
Book value
₹125
EPS
₹1.33
latest quarter
Net debt
₹380 cr
owes more than its cash
Enterprise value
₹5,259 cr
EBITDA
₹422 cr
annualised
EBIT
₹278 cr
annualised
Operating margin
2.0%
Return on assets
1.4%
Earnings yield
1.54%
P/S
0.35
Sales / share
₹975.4
Tax rate
17.6%
Face value
₹2
Shares
14.1 cr
Working capital
₹625 cr
Current assets
₹3,773 cr
Current liabilities
₹3,148 cr
Delivery %
65.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹56₹149, midpoint ₹67

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹3,444 cr
Other Income₹9 cr
Total Income₹3,453 cr
Cost of Materials₹135 cr
Purchases of Stock-in-Trade₹2,650 cr
Inventory Change (±)₹-31 cr
Employee Benefit Expense₹339 cr
Finance Costs₹37 cr
Depreciation & Amortisation₹36 cr
Other Expenses₹255 cr
Total Expenses₹3,421 cr
Profit before Tax₹32 cr
Tax Expense₹6 cr
Share of JV / Associates₹2 cr
Net Profit₹29 cr
Net margin on total income0.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹2,754 cr79.7%
Employee benefit expense₹339 cr9.8%
Finance costs₹37 cr1.1%
Depreciation & amortisation₹36 cr1.0%
Other expenses₹255 cr7.4%
Tax expense₹6 cr0.2%
Profit for the period₹29 cr0.8%
Total income ₹3,453 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue3,172 cr3,519 cr3,444 cr
Total income3,177 cr3,547 cr3,453 cr
Expenses3,131 cr3,467 cr3,421 cr
Profit before tax46 cr80 cr32 cr
Tax7 cr6 cr6 cr
Net profit (owners' share)20 cr49 cr19 cr
Net margin (owners' share, on revenue)0.6%1.4%0.5%
EPS (₹)1.393.471.33
YoY (latest quarter): total income +13.6% · net profit +45.0%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹5,266 cr
Shareholder equity
₹1,764 cr
parent shareholders
Total debt
₹1,141 cr
Cash
₹760 cr
Cash flow · H1 FY26
Operating
₹593 cr
Investing
₹-82 cr
Financing
₹-301 cr
Peer comparison
Trading - Textile Products · by market value
CompanyPriceMarket capP/E
PDS Limitedthis company₹345₹4,878 cr64.9
SPL Industries Limited₹30₹87 cr10.3
Heads UP Ventures Limited₹7₹15 cr
Globale Tessile Limited₹12₹12 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.96%
trailing 12 months
Dividend / share (TTM)
₹3.3
Last dividend
₹1.65
ex 24 Jul 2026
ActionDetailEx-date
Dividend₹1.65 / share24 Jul 2026
Dividend₹1.65 / share31 Oct 2025
Dividend₹1.7 / share17 Jul 2025
Dividend₹1.65 / share12 Nov 2024
Dividend₹3.15 / share19 Jul 2024
Dividend₹1.6 / share15 Nov 2023
Who owns it · 2026-06-30
No pledge
Promoter
61.4%
FII / Foreign
3.8%
DII / Domestic
5.2%
Retail / others
29.5%
Promoter stake down 4.5% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtPDS Multinational Fashions ESOP Trust · Other10,000 · ₹43.0 L30 May 24
BoughtPDS Multinational Fashions ESOP Trust · Other10,000 · ₹44.5 L28 May 24
BoughtPDS Multinational Fashions ESOP Trust · Other15,000 · ₹66.9 L24 May 24
Bulk / block deals
short · NSE20026 Aug 26
short · NSE3814 Jul 26
short · NSE13,0008 Apr 26
Stake changes
SoldBhavesh Shah alongwith PAC→ 4.97% · 6.15 L30 Jul 24
SoldPulkit Seth · promoter→ 0.00% · 522 Jun 23
BoughtPayel Seth · promoter→ 267.31% · 522 Jun 23
What shareholders were asked to approve
4 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 14 Mar 2026
See the official result
1
Approval of the shifting of Registered Office of the Company from ‘State of Maharashtra’ to the ‘State of Haryana’.
Backed by 100% of shareholders other than promotersneeded 75%
60.68 L votes for, 1,612 against · 0% of mutual funds and other big investors said no
2
To approve an amendment in the terms of PDS Limited Employee Stock Option Plan 2021 – Plan B.
⚑ Passed only because promoters voted yes
Backed by 68% of shareholders other than promotersneeded 75%
41.18 L votes for, 19.51 L against · 32% of mutual funds and other big investors said no
3
To approve an amendment in the terms of PDS Limited Employee Stock Option Plan 2021 – Plan B, for grant of employee stock options to eligible employees of the Company’s subsidiaries.
⚑ Passed only because promoters voted yes
Backed by 68% of shareholders other than promotersneeded 75%
41.18 L votes for, 19.51 L against · 32% of mutual funds and other big investors said no
4
To authorise PDS Multinational Fashions ESOP Trust to acquire equity shares of the Company by way of secondary market acquisition for administration of PDS Limited - Employees Stock Option Plan 2021 – Plan B
⚑ Passed only because promoters voted yes
Backed by 68% of shareholders other than promotersneeded 75%
41.18 L votes for, 19.51 L against · 32% of mutual funds and other big investors said no
5
To authorise the Company to grant a loan to the PDS Multinational Fashions ESOP Trust to acquire equity shares of the Company for implementation of the PDS Limited - Employees Stock Option Plan 2021 – Plan B
⚑ Passed only because promoters voted yes
Backed by 68% of shareholders other than promotersneeded 75%
41.18 L votes for, 19.51 L against · 32% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 61.4% between them · as of 2026-06-30
Payel Seth49.23%
Deepak Kumar Seth11.16%
Pallak Seth0.99%
NIM International Commerce LLPno shares
Pearl Global Industries Limitedno shares
Pulkit Sethno shares
Shefali Sethno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹430 cr raised in Aug 2024 by selling shares to large investors

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet. CRISIL Limited watches the spending on the exchange’s behalf.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.