About
Pearl Global Industries Limited, together with its subsidiaries, manufactures and sells readymade garments in India and internationally. The company offers knits, wovens, denim, outerwear, sleepwear and lounge, childrenswear, woven and knit garments, womenswear, menswear, activewear, and athleisure. It is also involved in the trading of ready-to-wear apparel; and skill development business. The company was formerly known as House of Pearl Fashions Limited. Pearl Global Industries Limited was incorporated in 1987 and is based in Gurugram, India.
Key Metrics
as of Sep 2026Market Cap10,524 Cr
P/E33.60
Div Yield0.64 %
Book Value₹316.00
52w High₹2,572.00
52w Low₹1,178.00
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 340.00 | 304.00 | 246.00 | 264.00 | 267.00 | 397.00 | 235.00 | 287.00 | 276.00 | 320.00 | 158.00 | 218.00 | 258.00 |
| Expenses | 317.00 | 281.00 | 234.00 | 254.00 | 248.00 | 359.00 | 228.00 | 284.00 | 264.00 | 301.00 | 161.00 | 211.00 | 238.00 |
| Operating Profit | 22.00 | 23.00 | 12.00 | 10.00 | 18.00 | 39.00 | 8.00 | 3.00 | 12.00 | 19.00 | -3.00 | 8.00 | 20.00 |
| OPM % | 7.00 | 8.00 | 4.90 | 3.70 | 7.00 | 10.00 | 3.20 | 0.90 | 4.20 | 6.00 | -2.00 | 3.60 | 8.00 |
| Other Income | 9.00 | 12.00 | 18.00 | 22.00 | 26.00 | 7.00 | 12.00 | 20.00 | 21.00 | 11.00 | 16.00 | 6.00 | 9.00 |
| Depreciation | 7.00 | 7.00 | 7.00 | 8.00 | 6.00 | 7.00 | 7.00 | 7.00 | 6.00 | 8.00 | 6.00 | 5.00 | 5.00 |
| Interest | 7.00 | 8.00 | 8.00 | 9.00 | 9.00 | 9.00 | 8.00 | 7.00 | 7.00 | 8.00 | 6.00 | 8.00 | 8.00 |
| Profit before tax | 17.00 | 20.00 | 15.00 | 15.00 | 28.00 | 30.00 | 4.00 | 9.00 | 20.00 | 13.00 | 1.00 | 1.00 | 15.00 |
| Tax % | 28.00 | 28.00 | 6.00 | 2.00 | 8.00 | 22.00 | 6.00 | -32.00 | 21.00 | 10.00 | -554.00 | 11.00 | 25.00 |
| Net Profit | 12.00 | 14.00 | 14.00 | 15.00 | 26.00 | 23.00 | 4.00 | 12.00 | 16.00 | 12.00 | 4.00 | 1.00 | 12.00 |
| EPS in Rs | 2.69 | 3.07 | 3.05 | 3.21 | 5.62 | 5.06 | 0.91 | 2.52 | 3.64 | 2.73 | 0.81 | 0.28 | 2.68 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,081.00 | 1,196.00 | 954.00 | 1,104.00 | 934.00 | 771.00 | 825.00 | 840.00 | 711.00 | 858.00 | 768.00 | 624.00 |
| Expenses | 1,012.00 | 1,132.00 | 907.00 | 1,028.00 | 886.00 | 773.00 | 803.00 | 799.00 | 712.00 | 852.00 | 751.00 | 605.00 |
| Operating Profit | 69.00 | 64.00 | 46.00 | 76.00 | 48.00 | -2.00 | 22.00 | 41.00 | -2.00 | 6.00 | 17.00 | 19.00 |
| OPM % | 6.00 | 5.00 | 4.90 | 7.00 | 5.00 | -0.30 | 2.70 | 4.90 | -0.20 | 0.70 | 2.20 | 3.00 |
| Other Income | 76.00 | 60.00 | 41.00 | 39.00 | 35.00 | 37.00 | 35.00 | 29.00 | 47.00 | 45.00 | 32.00 | 27.00 |
| Interest | 39.00 | 34.00 | 32.00 | 34.00 | 29.00 | 26.00 | 28.00 | 26.00 | 26.00 | 23.00 | 20.00 | 21.00 |
| Depreciation | 28.00 | 27.00 | 24.00 | 19.00 | 18.00 | 18.00 | 18.00 | 13.00 | 13.00 | 11.00 | 10.00 | 10.00 |
| Profit before tax | 78.00 | 63.00 | 30.00 | 62.00 | 36.00 | -9.00 | 11.00 | 32.00 | 7.00 | 18.00 | 19.00 | 15.00 |
| Tax % | 12.00 | 13.00 | 7.00 | 13.00 | 25.00 | -108.00 | 54.00 | 33.00 | 61.00 | 6.00 | 29.00 | 33.00 |
| Net Profit | 69.00 | 55.00 | 28.00 | 54.00 | 27.00 | 1.00 | 5.00 | 22.00 | 3.00 | 17.00 | 13.00 | 10.00 |
| EPS in Rs | 14.91 | 11.95 | 6.48 | 12.43 | 6.27 | 0.18 | 1.16 | 4.97 | 0.61 | 3.93 | 3.08 | 2.36 |
| Dividend Payout % | 97.00 | 96.00 | 270.00 | 30.00 | 40.00 | 0.00 | 0.00 | 30.00 | 163.00 | 38.00 | 49.00 | 48.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23.00 | 23.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 |
| Reserves | 559.00 | 539.00 | 352.00 | 359.00 | 322.00 | 292.00 | 284.00 | 295.00 | 277.00 | 283.00 | 267.00 | 266.00 |
| Borrowings | 352.00 | 314.00 | 270.00 | 242.00 | 285.00 | 247.00 | 253.00 | 203.00 | 231.00 | 183.00 | 144.00 | 119.00 |
| Other Liabilities | 231.00 | 224.00 | 195.00 | 159.00 | 235.00 | 216.00 | 155.00 | 170.00 | 123.00 | 201.00 | 150.00 | 142.00 |
| Total Liabilities | 1,165.00 | 1,099.00 | 840.00 | 782.00 | 863.00 | 777.00 | 714.00 | 689.00 | 653.00 | 688.00 | 582.00 | 548.00 |
| Fixed Assets | 277.00 | 264.00 | 244.00 | 217.00 | 206.00 | 219.00 | 233.00 | 207.00 | 202.00 | 209.00 | 168.00 | 168.00 |
| CWIP | 3.00 | 1.00 | 14.00 | 7.00 | 0.00 | 0.00 | 2.00 | 2.00 | 1.00 | 3.00 | 4.00 | 0.00 |
| Investments | 169.00 | 164.00 | 125.00 | 132.00 | 132.00 | 127.00 | 126.00 | 119.00 | 138.00 | 129.00 | 107.00 | 65.00 |
| Other Assets | 716.00 | 670.00 | 457.00 | 425.00 | 526.00 | 431.00 | 353.00 | 362.00 | 313.00 | 347.00 | 304.00 | 316.00 |
| Total Assets | 1,165.00 | 1,099.00 | 840.00 | 782.00 | 863.00 | 777.00 | 714.00 | 689.00 | 653.00 | 688.00 | 582.00 | 548.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 36.00 | 43.00 | 62.00 | 91.00 | -23.00 | 41.00 | 12.00 | 27.00 | -33.00 | 4.00 | 32.00 | 31.00 |
| Cash from Investing Activity | 25.00 | -28.00 | -12.00 | 37.00 | 7.00 | 15.00 | -32.00 | 23.00 | 7.00 | -38.00 | -20.00 | -11.00 |
| Cash from Financing Activity | -77.00 | 115.00 | -56.00 | -104.00 | 14.00 | -31.00 | 19.00 | -48.00 | 24.00 | 23.00 | -1.00 | -14.00 |
| Net Cash Flow | -16.00 | 130.00 | -6.00 | 24.00 | -3.00 | 25.00 | -2.00 | 2.00 | -2.00 | -11.00 | 12.00 | 6.00 |
| Free Cash Flow | 23.00 | 40.00 | 14.00 | 110.00 | -31.00 | 42.00 | -32.00 | 25.00 | -29.00 | -39.00 | 17.00 | 8.00 |
| CFO/OP % | 57.00 | 76.00 | 146.00 | 129.00 | -40.00 | -2,112.00 | 93.00 | 82.00 | 1,766.00 | 121.00 | 217.00 | 185.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 56.00 | 44.00 | 48.00 | 37.00 | 45.00 | 69.00 | 43.00 | 48.00 | 45.00 | 38.00 | 31.00 | 31.00 |
| Inventory Days | 156.00 | 116.00 | 133.00 | 91.00 | 189.00 | 102.00 | 135.00 | 118.00 | 126.00 | 115.00 | 87.00 | 119.00 |
| Days Payable | 123.00 | 111.00 | 141.00 | 85.00 | 152.00 | 125.00 | 83.00 | 92.00 | 74.00 | 107.00 | 74.00 | 80.00 |
| Cash Conversion Cycle | 89.00 | 48.00 | 40.00 | 43.00 | 82.00 | 46.00 | 95.00 | 75.00 | 96.00 | 46.00 | 43.00 | 70.00 |
| Working Capital Days | 4.00 | -3.00 | -3.00 | 7.00 | 30.00 | 19.00 | 8.00 | 3.00 | 2.00 | -16.00 | -14.00 | 3.00 |
| ROCE % | 13.00 | 11.00 | 10.00 | 14.00 | 10.00 | 1.00 | 7.00 | 10.00 | 6.00 | 8.00 | 9.00 | 9.00 |
Corporate Actions
28 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 21 May 2026 | 21 May 2026 | — | 8.50 | |
| Dividend | 17 Nov 2025 | 17 Nov 2025 | — | 6.00 | |
| Dividend | 26 May 2025 | 26 May 2025 | — | 6.50 | |
| Dividend | 27 Nov 2024 | 27 Nov 2024 | — | 5.00 | |
| Split | 05 Jan 2024 | 05 Jan 2024 | 10:5 | — | |
| Dividend | 22 Nov 2023 | 22 Nov 2023 | — | 12.50 | |
| Dividend | 01 Sep 2023 | 01 Sep 2023 | — | 5.00 | |
| Dividend | 26 May 2023 | 26 May 2023 | — | 5.00 | |
| Dividend | 22 Nov 2022 | 23 Nov 2022 | — | 2.50 | |
| Other | 16 Sep 2022 | — | — | — | Annual General Meeting |
| Dividend | 07 Jun 2022 | 08 Jun 2022 | — | 5.00 | |
| Other | 16 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 18 Nov 2020 | — | — | — | Annual General Meeting |
| Dividend | 16 Sep 2019 | — | — | 3.00 | |
| Dividend | 14 Sep 2018 | — | — | 2.00 | |
| Dividend | 20 Sep 2017 | — | — | 3.00 | |
| Dividend | 16 Sep 2016 | — | — | 0.50 | |
| Dividend | 18 Mar 2016 | 21 Mar 2016 | — | 2.50 | |
| Dividend | 11 Sep 2015 | — | — | 2.25 | |
| Dividend | 17 Sep 2014 | — | — | 2.00 | |
| Other | 30 May 2014 | 02 Jun 2014 | — | — | Scheme of Arrangement |
| Dividend | 18 Sep 2013 | — | — | 1.00 | |
| Other | 13 Sep 2011 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2010 | — | — | — | Annual General Meeting |
| Other | 09 Sep 2009 | — | — | — | Annual General Meeting |
| Dividend | 20 Aug 2008 | — | — | 1.50 | NSE/BSE dividend mismatch: NSE=0.75; BSE=1.5 |
| Dividend | 20 Aug 2008 | — | — | 0.75 | NSE/BSE dividend mismatch: NSE=0.75; BSE=1.5 |
| Other | 16 Aug 2007 | — | — | — | Agm |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update28 Jan from icra
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Rating update19 Sep 2025 from icra
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Rating update26 Nov 2024 from icra
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Rating update3 Sep 2024 from icra
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Rating update30 Aug 2023 from icra
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Rating update30 Aug 2021 from icra