Pearl Global Industries Limited
Pearl Global Industries Limited operates in Garments & Apparels, part of the Textiles sector. It booked ₹1,528 cr of revenue in its latest quarter (Q1 FY27) and kept 6.6% of sales as profit. It is the 4th largest of 9 Garments & Apparels companies we track, by market value.
| Segment | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| Hong Kong | 783 | 2,002 | 2,524 | 2,759 | 3,603 | 3,937 | 35% → 48% |
| Bangladesh | 565 | 950 | 1,099 | 1,393 | 1,489 | 1,692 | 25% → 21% |
| Vietnam | — | — | — | 498 | 637 | 984 | 12% |
| India | 772 | 942 | 1,116 | 957 | 1,196 | 1,094 | 34% → 13% |
| Others | 124 | 502 | 534 | 219 | 365 | 474 | 6% → 6% |
| Total | 2,244 | 4,396 | 5,273 | 5,826 | 7,290 | 8,182 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“Revenue Growth Pearl Global Industries Limited (also referred For the future, Pearl Global anticipates revenue growth driven by its to as ‘Pearl Global’ or ‘the Company’), stands customer expansion strategy, an increase in wallet share, capacity as a distinguished force in global fashion expansion, and enhanced plant efficiency.”
Healthier than 63% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 611–2,858 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 49
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in PGIL?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 0%, 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 We do not publish price targets or predict returns.
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.
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.
| Revenue from Operations | ₹1,528 cr |
| Other Income | ₹11 cr |
| Total Income | ₹1,539 cr |
| Cost of Materials | ₹687 cr |
| Purchases of Stock-in-Trade | ₹192 cr |
| Inventory Change (±) | ₹-139 cr |
| Employee Benefit Expense | ₹271 cr |
| Finance Costs | ₹27 cr |
| Depreciation & Amortisation | ₹26 cr |
| Other Expenses | ₹352 cr |
| Total Expenses | ₹1,417 cr |
| Exceptional Items | ₹-3 cr |
| Profit before Tax | ₹120 cr |
| Tax Expense | ₹20 cr |
| Net Profit | ₹99 cr |
| Net margin on total income | 6.4% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 1,170 cr | 1,314 cr | 1,528 cr |
| Total income | 1,178 cr | 1,324 cr | 1,539 cr |
| Expenses | 1,119 cr | 1,228 cr | 1,417 cr |
| Profit before tax | 59 cr | 95 cr | 120 cr |
| Tax | 7 cr | 14 cr | 20 cr |
| Net profit (owners' share) | 53 cr | 83 cr | 101 cr |
| Net margin (owners' share, on revenue) | 4.6% | 6.3% | 6.6% |
| EPS (₹) | 11.57 | 18.05 | 21.77 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Page Industries Limited | ₹35,020 | ₹39,061 cr | 50.6 | 51.3% | 13.6% | — |
| Arvind Limited | ₹542 | ₹14,198 cr | 66.4 | 5.3% | 2.1% | — |
| Gokaldas Exports Limited | ₹728 | ₹5,331 cr | 30.1 | 8.2% | 3.8% | — |
| Pearl Global Industries Limitedthis company | ₹1,143 | ₹5,279 cr | 13.1 | 27.5% | 6.6% | — |
| Lux Industries Limited | ₹1,043 | ₹3,263 cr | 35.4 | 4.8% | 3.6% | — |
| Kewal Kiran Clothing Limited | ₹490 | ₹3,036 cr | 20.4 | 16.2% | 13.6% | — |
| S. P. Apparels Limited | ₹1,003 | ₹2,522 cr | 25.4 | 10.5% | 6.2% | — |
| Kitex Garments Limited | ₹121 | ₹2,406 cr | — | -3.5% | -5.7% | — |
| SBC Exports Limited | ₹48 | ₹2,298 cr | 60.3 | 47.9% | 7.9% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Bonus issue | 1:1 | 11 Sep 2026 |
| Dividend | ₹8.5 / share | 21 May 2026 |
| Dividend | ₹6 / share | 17 Nov 2025 |
| Dividend | ₹6.5 / share | 26 May 2025 |
| Dividend | ₹5 / share | 27 Nov 2024 |
| Stock split | Stock Split From Rs.10/- to Rs.5/- | 5 Jan 2024 |
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.
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.
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 company also transacted with 6 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
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.
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.
As of Mar 2025, the company says it has spent 100% of what it set aside. ICRA Limited watches the spending on the exchange’s behalf.
The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.
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