Pearl Global Industries Limited

BSE: PGIL532808ISIN INE940H01022

Consumer Discretionary
Garments & Apparels
BSE 1000

Share price

₹1,321.05+47.45 (+3.73%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

11 Sep 2026 · Bonus 1:1

52W high: ₹1,356.55
52W low: ₹630.02
Off 52W high: -2.62%
1M return: +4.23%
3M return: +25.16%
6M return: +68.79%
1Y return: +102.86%
20D avg volume: 8,690
50 DMA: ₹1,222.02
200 DMA: ₹954.31

Key ratios Consolidated

Market cap: ₹12,218 Cr
Current price: ₹1,321.05
52W high / low: ₹1,356.55 / ₹630.02
Face value: ₹5.00
P/E: 40.18
P/B: —
EPS (TTM): ₹32.88
Book value / share: —
ROE: —
ROCE: 22.30%
Operating margin: —
Net margin: —
Debt / equity: 0.48
Net debt: ₹-17.64 Cr
Interest cover: 4.00
Dividend yield: 1.10%
Dividend / share (TTM): ₹14.50
Payout: 44.10%
Cash conversion cycle: 43.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,528	1,314	1,170	1,313	1,228	1,229	1,023	1,202	1,053	877.37	703.98	960.59
	10.71	10.19	7.50	8.15	11.30	5.32	5.93	12.72	9.58	14.83	2.77	7.33
	1,539	1,324	1,178	1,321	1,239	1,234	1,028	1,215	1,062	892.20	706.75	967.93
	1,417	1,228	1,119	1,242	1,163	1,160	974.76	1,148	994.73	837.16	672.26	922.34
	687.33	553.80	519.47	536.88	533.62	476.30	444.36	527.73	407.37	372.74	351.32	414.69
	192.19	96.96	121.30	167.45	136.24	174.71	145.04	138.01	123.55	66.69	35.75	28.88
	271.46	254.40	250.82	231.64	219.46	221.36	214.47	210.56	192.90	185.05	166.77	161.50
	26.58	26.30	22.14	27.43	27.35	27.27	24.19	24.60	23.13	22.38	17.45	23.65
	25.67	22.81	22.36	22.39	19.72	20.67	19.38	18.07	17.09	18.88	16.24	15.57
	352.36	252.85	248.55	235.46	233.47	241.58	—	225.01	214.16	202.82	—	—
	122.29	95.58	58.95	79.36	76.65	74.63	53.70	66.78	67.66	55.03	34.49	45.59
	-2.73	-0.53	-0.40	0.02	-0.32	3.16	0.00	-4.17	5.57	-0.63	0.10	-0.05
	119.57	95.05	58.55	79.38	76.33	77.79	53.70	62.61	73.23	54.40	34.59	45.53
	20.33	14.06	7.04	7.40	10.77	12.82	5.47	6.98	11.30	5.42	0.77	6.57
	99.23	80.98	51.51	71.97	65.56	64.97	48.24	55.63	61.93	48.98	33.82	38.96
	21.77	18.05	11.57	15.95	14.76	15.10	12.52	12.90	14.99	11.82	16.49	18.32
Key metrics
	171.82	144.16	103.05	129.20	123.40	125.73	97.27	105.28	113.45	95.66	68.28	84.75
	11.20%	11.00%	8.80%	9.80%	10.00%	10.20%	9.50%	8.80%	10.80%	10.90%	9.70%	8.80%
	6.50%	6.20%	4.40%	5.50%	5.30%	5.30%	4.70%	4.60%	5.90%	5.60%	4.80%	4.10%
	—	6.60%	—	6.40%	—	7.10%	—	—	—	—	—	—
	24.50%	6.90%	14.40%	9.20%	16.60%	40.10%	45.20%	25.10%	—	—	—	—
	51.40%	24.60%	6.80%	29.40%	5.90%	32.60%	42.60%	42.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	5,325	5,025	4,506	3,436	3,158	2,714
	36.55	37.13	33.55	32.37	22.81	33.46
	5,361	5,062	4,540	3,469	3,181	2,747
	5,005	4,751	4,277	3,276	3,019	2,668
	2,297	2,144	1,856	1,547	1,492	1,165
	577.90	521.96	581.31	163.85	189.02	407.90
	1,008	956.33	839.29	670.36	561.47	458.62
	102.45	103.22	99.19	83.31	65.18	46.60
	93.23	87.27	75.22	64.20	50.78	48.34
	1,089	970.33	891.30	760.10	—	—
	356.18	310.54	262.77	192.66	162.39	79.10
	-3.64	-1.23	4.56	-0.60	13.46	6.72
	352.55	309.30	267.33	192.06	175.85	85.82
	48.83	39.28	36.56	22.94	22.86	15.71
	303.69	270.03	230.77	169.12	152.99	70.11
	67.34	60.34	54.96	40.26	68.90	31.46
Key metrics
	548.23	499.79	441.74	339.57	291.81	180.76
	10.30%	9.90%	9.80%	9.90%	9.20%	6.70%
	5.70%	5.40%	5.10%	4.90%	4.80%	2.60%
	—	22.30%	24.80%	—	—	—
	13.75%	11.50%	31.10%	8.80%	16.40%	—
	29.56%	17.00%	36.50%	10.50%	118.20%	—
	—	211.76	58.82	—	—	—
	—	1.48	0.76	—	—	—
	—	0.48	0.48	—	—	—
	—	-17.64	41.54	—	—	—
	—	43.0	38.3	—	—	—
Balance sheet
	—	3,245	2,596	—	—	—
	—	2,233	1,758	—	—	—
	—	704.41	510.01	—	—	—
	—	407.30	324.40	—	—	—
	—	882.47	705.13	—	—	—
	—	139.96	131.36	—	—	—
	—	737.10	646.04	—	—	—
	—	697.75	556.56	—	—	—
	—	1,399	1,118	—	—	—
	—	686.77	551.55	—	—	—
	—	583.70	471.92	—	—	—
	—	103.07	79.63	—	—	—
	—	1,438	1,146	—	—	—
Cash flow
	—	398.34	176.39	—	—	—
	—	-158.01	-103.50	—	—	—
	—	-45.92	101.13	—	—	—
	—	186.58	117.57	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	339.61	304.28	246.31	264.04	266.66	397.49	235.46	287.06	276.16	320.07	157.60	218.50
	12.04	11.92	18.00	21.78	25.94	3.83	12.13	23.26	15.94	11.21	15.80	6.37
	351.65	316.20	264.31	285.82	292.60	401.32	247.58	310.32	292.10	331.28	173.40	224.88
	331.74	296.10	249.00	270.81	264.06	374.89	243.09	298.02	277.62	317.55	172.74	223.47
	147.16	124.55	107.66	109.31	119.86	162.78	121.77	138.93	131.08	140.13	96.27	80.64
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	0.56
	77.24	68.13	72.23	66.70	66.63	74.51	68.19	69.26	68.14	69.97	58.55	54.27
	7.38	8.37	7.61	8.66	9.45	9.38	8.22	6.78	6.75	8.15	6.18	7.61
	6.94	6.93	7.11	7.88	6.30	6.98	6.95	6.74	6.40	8.22	5.78	5.34
	101.90	81.99	75.76	68.33	67.50	102.89	—	—	70.69	86.34	—	—
	19.90	20.10	15.31	15.00	28.54	26.43	4.49	12.30	14.48	13.73	0.65	1.40
	-2.59	-0.40	-0.30	-0.02	-0.32	3.27	-0.04	-3.53	5.54	-0.51	-0.11	-0.07
	17.32	19.70	15.01	14.99	28.22	29.70	4.45	8.77	20.02	13.22	0.55	1.33
	4.88	5.53	0.94	0.25	2.38	6.46	0.26	2.80	4.13	1.31	3.00	0.13
	12.44	14.18	14.06	14.74	25.84	23.24	4.19	11.57	15.89	11.91	3.54	1.20
	2.69	3.07	3.06	3.21	5.63	5.14	—	2.55	3.65	2.74	1.63	0.55
Key metrics
	31.64	35.00	29.73	31.53	43.97	46.06	19.62	22.29	33.17	29.59	12.51	14.28
	9.30%	11.50%	12.10%	11.90%	16.50%	11.60%	8.30%	7.80%	12.00%	9.20%	7.90%	6.50%
	3.70%	4.70%	5.70%	5.60%	9.70%	5.80%	1.80%	4.00%	5.80%	3.70%	2.20%	0.50%
	—	4.10%	—	3.40%	—	5.90%	—	—	—	—	—	—
	27.40%	-23.40%	4.60%	-8.00%	-3.40%	24.20%	49.40%	31.40%	—	—	—	—
	-51.90%	-39.00%	235.60%	27.40%	62.60%	95.10%	18.40%	864.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,154	1,081	1,196	953.67	1,104	933.77
	63.74	77.64	55.15	42.32	30.36	32.05
	1,218	1,159	1,251	995.99	1,134	965.82
	1,148	1,080	1,194	964.82	1,083	936.26
	488.68	461.39	554.56	419.19	526.66	428.62
	0.00	0.00	0.00	6.73	—	6.72
	284.30	273.70	280.10	240.04	198.34	152.19
	32.02	34.09	31.14	30.08	30.42	25.85
	28.86	28.23	27.07	24.39	18.83	17.63
	327.98	293.57	317.93	255.26	—	—
	70.31	78.95	57.70	31.17	50.70	29.56
	-3.31	-1.04	5.25	-0.69	10.97	6.55
	67.02	77.92	62.95	30.48	61.67	36.11
	11.60	9.09	8.05	2.24	7.85	8.95
	55.42	68.82	54.90	28.24	53.82	27.16
	12.03	14.96	12.15	6.50	24.84	12.54
Key metrics
	127.90	140.24	121.16	84.95	110.92	79.59
	11.08%	13.00%	10.10%	8.90%	10.00%	8.50%
	4.80%	6.40%	4.60%	3.00%	4.90%	2.90%
	—	16.20%	14.20%	—	—	—
	-2.73%	-9.60%	25.40%	-13.60%	18.20%	—
	-14.53%	25.40%	94.40%	-47.50%	98.20%	—
	—	25.16	19.47	—	—	—
	—	0.52	0.79	—	—	—
	—	0.47	0.46	—	—	—
	—	99.83	67.77	—	—	—
	—	69.4	45.8	—	—	—
Balance sheet
	—	1,165	1,099	—	—	—
	—	688.42	644.65	—	—	—
	—	175.29	191.41	—	—	—
	—	164.60	143.19	—	—	—
	—	192.89	170.37	—	—	—
	—	77.32	83.67	—	—	—
	—	220.58	206.49	—	—	—
	—	151.94	163.66	—	—	—
	—	474.06	435.25	—	—	—
	—	275.12	259.18	—	—	—
	—	253.51	224.86	—	—	—
	—	21.61	34.32	—	—	—
	—	582.02	561.55	—	—	—
Cash flow
	—	35.85	43.41	—	—	—
	—	24.94	-27.82	—	—	—
	—	-76.91	114.59	—	—	—
	—	10.69	23.94	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -0.68%
Sales CAGR 5Y: —
Profit CAGR 3Y: +8.54%
Profit CAGR 5Y: —
Sales YoY (TTM): -2.73%
Profit YoY (TTM): -14.53%

Consolidated

Sales CAGR 3Y: +16.74%
Sales CAGR 5Y: —
Profit CAGR 3Y: +20.85%
Profit CAGR 5Y: —
Sales YoY (TTM): +13.75%
Profit YoY (TTM): +29.56%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 59.91%

Quarter	September 2026	15 Sep 2026	June 2026
Promoter %	59.91%	59.91%	59.91%

Holder	Type	Holding	Previous	Change
Pulkit Seth	Promoter	30.08%	30.08%	0.00%
Payel Seth	Promoter	19.11%	19.11%	0.00%
Deepak Kumar Seth	Promoter	9.85%	9.85%	0.00%
HDFC SMALL CAP FUND	Public	9.11%	—	—
SBI FLEXICAP FUND	Public	3.70%	—	—
HSBC MUTUAL FUND - HSBC INDIA EXPORT OPPORTUNITIES FUND	Public	3.68%	—	—
ICICI PRUDENTIAL FLEXI CAP FUND	Public	1.99%	—	—
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO	Public	1.68%	1.68%	0.00%
Shifalli Seth	Promoter Group	0.87%	0.87%	0.00%
Nim International Commerce LLP	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Page Industries Ltd. S	39,674	35,570.10	52.49	61.50%	+7.57% TTM	-1.16% TTM	-11.25%
Arvind Ltd.	13,595	499.75	28.63	15.20%	+19.08% TTM	+12.45% TTM	+57.45%
Pearl Global Industries Limited	12,218	1,321.05	40.18	22.30%	+13.75% TTM	+29.56% TTM	+102.86%
Gokaldas Exports Ltd	5,356	730.90	52.02	9.40%	+7.65% TTM	-40.43% TTM	-15.28%
LUX Industries Limited	3,525	1,172.05	33.32	9.40%	+4.35% TTM	-15.10% TTM	-6.36%
SBC EXPORTS LIMITED	3,195	67.10	79.10	37.50%	+63.27% TTM	+80.12% TTM	+177.27%
Kitex Garmenets Ltd.	2,690	134.85	-90.56	2.00%	-20.74% TTM	-134.77% TTM	-34.30%
Kewal Kiran Clothing Ltd.	2,654	430.65	15.85	17.80%	+12.89% TTM	+23.48% TTM	-16.81%
S.P. Apparels Limited	2,205	877.00	20.96	18.10%	+1.48% TTM	+7.61% TTM	+23.36%
CANTABIL RETAIL INDIA LIMITED S	2,137	255.50	21.93	17.50%	+16.08% TTM	+24.66% TTM	+3.55%
Dollar Industries Limited	1,453	256.15	13.02	16.50%	+6.24% TTM	+13.81% TTM	-27.69%
Monte Carlo Fashions Limited	1,019	491.65	11.35	16.90%	+13.85% TTM	+3.85% TTM	-32.14%
RUPA & COMPANY LIMITED	988	124.25	12.70	10.70%	+3.39% TTM	+4.60% TTM	-35.54%
BRAHM VIRAT INDUSTRIES CORPORATION LIMITED S	628	432.20	101.46	5.10%	-19.25% TTM	+296.15% TTM	-32.48%
Bizotic Commercial Limited S	480	83.00	18.82	20.00%	—	—	-27.07%
THOMAS SCOTT (INDIA) LIMITED S	420	286.35	20.12	21.30%	+42.24% TTM	+57.13% TTM	-31.71%
MEENAKSHI INDIA LIMITED S	418	185.95	—	—	—	—	—
Vishal Fabrics Limited	415	16.78	11.97	11.70%	—	—	-38.98%
Bella Casa Fashion & Retail Limited S	297	222.00	16.54	16.60%	+22.44% TTM	+4.72% TTM	-51.12%
SARASWATI SAREE DEPOT LIMITED S	257	64.98	10.88	16.40%	+0.95% TTM	-23.26% TTM	-23.01%
Zodiac Clothing Co. Ltd.	176	64.00	-5.07	-10.40%	-11.34% TTM	+5.66% TTM	-34.77%
VIP Clothing Limited S	171	19.02	18.11	10.20%	+0.34% TTM	+27.52% TTM	-43.61%
LORENZINI APPARELS LIMITED S	161	9.34	29.19	12.90%	+39.74% TTM	+12.55% TTM	-8.07%
Fractal Industries Limited	155	198.00	—	22.40%	—	—	—
Filatex Fashions Ltd	150	0.18	87.51	0.20%	-56.57% TTM	-81.21% TTM	-63.27%

Filings & corporate actions

Recent announcements

Please find enclosed intimation regarding Analyst/ Investors conference call on the Un-audited Financial Results (Standalone & Consolidated) for the quarter and half year ended on September ....30 Oct 2026 · Company Update / Analyst / Investor Meet
Pearl Global Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve Un-audited Results ....29 Oct 2026 · Board Meeting / Board Meeting
Please find enclosed intimation for Allotment of 109300 equity shares under the ESOP Scheme-202223 Oct 2026 · Company Update / Allotment of ESOP / ESPS
Disclosure pursuant to Regulation 30 (LODR) 2015, pertaining to Incorporation of Subsidiary on Vietnam.21 Oct 2026 · Company Update / Acquisition
Please find the Newspaper advertisement regarding Special Window has been opened for Transfer and Dematerialization of Physical Securities9 Oct 2026 · Company Update / Newspaper Publication
Please find enclosed Certificate8 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find enclosed Earning conference call transcript of Investors/analysts meet held on September 24, 20261 Oct 2026 · Company Update / Earnings Call Transcript
Please find enclosed the intimation of Closure of Trading Window for the quarter and half year ended on September 30, 202628 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find attached link for Audio Recording of Analyst/Investor meet held on September 24, 2026, pertaining to 'Investor Day 2026."24 Sep 2026 · Company Update / Analyst / Investor Meet
Please find attached the Investor Presentation.24 Sep 2026 · Company Update / Investor Presentation
Please find enclosed the Press Release titled Pearl Global Industries Strengthens Bangladesh Manufacturing Footprint with New Manufacturing and Laundry Facility; Total Installed Capacity ....22 Sep 2026 · Company Update / Press Release / Media Release
Intimation of Schedule of Analyst / Institutional Investor meetings of the Company to be held on September 22, 2026 and September 23, 2026.16 Sep 2026 · Company Update / Analyst / Investor Meet
We wish to inform you that the members of the Bonus Allotment Committee of the Board of Directors of Pearl Global Industries Limited (the 'Company') at their meeting held today i.e., Tuesday, ....15 Sep 2026 · Others / Outcome without intimation
Please find copy of Newspaper publication for intimation of September 11, 2026, as Record date for the issue of Bonus Shares.8 Sep 2026 · Company Update / Newspaper Publication
The Company has fixed Friday, September 11, 2026, as the record date for the purpose of issuance of Bonus Equity Shares in the ratio of 1:17 Sep 2026 · Corp. Action / Record Date
Please find attached postal ballot outcome7 Sep 2026 · AGM/EGM / Postal Ballot
Please find attached postal ballot results along with Scrutinizer''s report7 Sep 2026 · AGM/EGM / Postal Ballot
Intimation regarding Analyst/Institutional investors'' meeting of the Company scheduled to be held on September 24, 2026.3 Sep 2026 · Company Update / Analyst / Investor Meet
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dr Deepak Kumar Seth31 Aug 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Please find enclosed the intimation regarding grant of 2,500 ESOPs to the eligible employee(s) of the Company.21 Aug 2026 · Company Update / General
Please find enclosed Earnings Conference Call transcript of Investors/ Analysts Meet held on August 06, 2026.13 Aug 2026 · Company Update / Analyst / Investor Meet
Please find enclosed Newspaper Publication on completion of dispatch of Postal Ballot Notice.7 Aug 2026 · Company Update / Newspaper Publication
Please find attached link for Audio recording of Investor meet on Un-audited financial results Q1 FY26-276 Aug 2026 · Company Update / Analyst / Investor Meet
Please find enclosed the Postal Ballot Notice Dated August 05, 2026.6 Aug 2026 · AGM/EGM / Postal Ballot
Corrigendum to the disclosure for Appointment of Director in Board Meeting dated August 05, 20266 Aug 2026 · Company Update / Change in Management
Please find enclosed the Newspaper Publication for Un-audited Financial Results for the Quarter ended June 30, 2026.6 Aug 2026 · Company Update / Newspaper Publication
Please find attached corrigendum on Outcome of Board Meeting dated August 05, 20266 Aug 2026 · Company Update / General
Please find attached Investor Presentation on Financial Results5 Aug 2026 · Company Update / Investor Presentation
Please find attached Press Release on Un-audited Financial Results for Quarter ended June 30, 20265 Aug 2026 · Company Update / Press Release / Media Release
Please find enclosed Financial Results for the Quarter ended June 30, 20265 Aug 2026 · Result / Financial Results
Please find attached disclosure for Appointment of Major General Sandeep Vohra (Retd.) as Additional Director of the Company in the capacity of Whole Time Director5 Aug 2026 · Company Update / Change in Management
Please find attached recommendation for Bonus Issue by the Board of Directors5 Aug 2026 · Corp. Action / Bonus
Please find attached outcome of Board Meeting dated August 05, 2026, containing details regarding declaration of Un-audited financial results for quarter ended June 30, 2026, and Declaration ....5 Aug 2026 · Board Meeting / Outcome of Board Meeting
Please find enclosed the intimation regarding Grant of 1,24,000 ESOPs to the eligible employees of the Company.5 Aug 2026 · Company Update / General
Please find intimation for Newspaper publication of Public Notice for transfer of equity shares on due date to the IEPF Authority1 Aug 2026 · Company Update / Newspaper Publication
Please find enclosed the Corporate Presentation - July 202631 Jul 2026 · Company Update / General
Please find enclosed intimation regarding Analyst/ Investors conference call on the Financial Results for the quarter ended June 30, 2026, is scheduled to be held on Thursday, August 06, ....31 Jul 2026 · Company Update / Analyst / Investor Meet
Pearl Global Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/08/2026 ,inter alia, to consider and approve Please find attached ....29 Jul 2026 · Board Meeting / Board Meeting
Pearl Global Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/08/2026 ,inter alia, to consider and approve Un-audited Financial ....29 Jul 2026 · Board Meeting / Board Meeting
Please find enclosed intimation of Allotment of 6,425 Equity Shares under ESOP Scheme - 2022.28 Jul 2026 · Company Update / Allotment of ESOP / ESPS

Corporate actions

Purpose	Ex date	Record date	Payment date
Bonus issue 1:1	11 Sep 2026	11 Sep 2026	—
Interim Dividend - Rs. - 8.5000	21 May 2026	21 May 2026	—
Interim Dividend - Rs. - 6.0000	17 Nov 2025	17 Nov 2025	—
Interim Dividend - Rs. - 6.5000	26 May 2025	26 May 2025	—
Interim Dividend - Rs. - 5.0000	27 Nov 2024	27 Nov 2024	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
5 Aug 2026 Board Meeting - Financial Results