Pearl Global FY26 Revenue Crosses Rs 50.25 Bn

19 May 2026 CW Team

Pearl Global Industries Limited reported consolidated revenue of Rs 50.25 billion for FY26, crossing the Rs 50 billion milestone with 11.5 per cent year-on-year growth. Adjusted EBITDA, excluding ESOP expense, stood at Rs 4.68 billion, up around 14 per cent, while PAT rose 17 per cent to Rs 2.70 billion.

For Q4 FY26, the company recorded its highest-ever quarterly revenue of Rs 13.14 billion, a growth of 6.9 per cent year-on-year. Adjusted EBITDA increased 13.7 per cent to Rs 1.35 billion, with the margin at 10.3 per cent, marking its highest-ever quarterly EBITDA margin. PAT for the quarter stood at Rs 810 million, up 24.6 per cent.

The company shipped a record 78.1 million pieces in FY26 and 22 million pieces in Q4 FY26. Its installed capacity crossed 100 million pieces per annum, while net worth rose to Rs 14.38 billion as of 31 March 2026. Cash and bank balance, excluding cash earmarked for LC payments, stood at Rs 6.34 billion.

Pearl Global declared a total FY26 dividend of Rs 14.5 per equity share, representing 290 per cent of face value and its highest-ever dividend payout ratio of around 25 per cent of Group PAT. Through its step-down subsidiary DSSP Global Limited, Hong Kong, the company will also acquire an additional 10 per cent stake in PT Pinnacle Apparels, Indonesia, for $1.4 million.

The company said it plans a capital commitment of Rs 2–2.5 billion during FY27 to build capacity and capabilities across the group. It added that its diversified manufacturing footprint, strong order book and expanded capacities position it for continued growth despite tariff, raw material and logistics-related challenges.

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