Pearl Global Industries
- Market cap
- ₹ 11,273 Cr.
- P/E
- 35.4x
- P/B
- 7.66x
- 52-week range
- 643 – 1,357.9
- ROE
- 21%
- ROCE
- 20%
- Dividend yield
- 0.6%
- Debt / equity
- 0.65
- Sector
- Textiles & Apparels
- Industry
- Garments & Apparels
- Listed on
- NSE, BSE
About
Pearl Global Industries Limited is an India-based company. The Company is engaged in cloth manufacturing. It develops apparel for people of all ages, genders, locations, and style preferences. It designs and manufactures apparel across categories which include knits, woven, denim, outerwear, sleepwear & lounge, children's wear, and activewear & athleisure. It operates design units in the United States of America, United Kingdom, Spain, Hong Kong, India, Bangladesh, Vietnam, and Indonesia. Its factory across India specializes in crafting embellished woven and knit products including women's fashion wear, sportswear, men's wear, and kids' wear. Its Bangladesh operations specialize in kids, women, and men's woven & knitted tops and bottoms of all age groups. Its Vietnam clothing manufacturing unit produces outwear & jackets, including down jackets, woolen jackets, coats, seam-sealed jackets, puffers, parka's, blazers, anoraks, swim trunks, and synthetic bottoms.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Garments & Apparels: 62 companies →Pearl Global Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)35.4 against a typical 18.7: pricier than most peers (1st = cheapest).45th of 62
- Sales growth+24.4% against a typical +8.8% from a year earlier.14th of 46
- Profit growth+50% against a typical +4.1% from a year earlier.9th of 41
- Share price, 3 months+17.9% against a typical −5.7%.11th of 56
- Size₹ 11,273.5 Cr. market value against a typical ₹ 152.5 Cr. (1st = largest).3rd of 58
Latest announcements
Exchange filings and their impact on the company.
- Pearl Global adds a 100% Vietnam garment subsidiary with $1.2m initial capital.
Pearl Global Industries said its step-down subsidiary Vin Pearl Global Vietnam Limited has incorporated a new 100% subsidiary, Great Pearl Vietnam Global Limited, in Vietnam on October 20, 2026. The new company will manufacture garments and provide garment processing including embroidery for domestic and international customers. Initial investment is USD 1.2 million in cash, which is small versus Pearl Global's scale and signals continued expansion of its Vietnam manufacturing footprint.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]A+ | Stable | 28 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 28 Jan 2026 | ▲ Upgrade1 notch | [ICRA]A → [ICRA]A+ | — | ICRA | ₹ 553 Cr. | |
| 19 Sep 2025 | Rating action | [ICRA]A | — | ICRA | ₹ 505.15 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Aug 2026 | Stock Split | To consider stock split of equity shares |
| 14 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 6 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 11 Nov 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2025 and dividend |
| 7 Aug 2025 | Financial Results | To consider and approve the Financial Results for the period ended Jun 30, 2025 |
| 20 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 961 | 704 | 877 | 1,053 | 1,202 | 1,023 | 1,229 | 1,228 | 1,313 | 1,170 | 1,314 | 1,528 |
| Expenses | 883 | 639 | 796 | 954 | 1,105 | 931 | 1,112 | 1,116 | 1,192 | 1,074 | 1,179 | 1,364 |
| Operating Profit | 77 | 65 | 81 | 98 | 97 | 91 | 117 | 112 | 121 | 96 | 134 | 164 |
| OPM % | 8% | 9% | 9% | 9% | 8% | 9% | 10% | 9% | 9% | 8% | 10% | 11% |
| Other Income | 7 | 3 | 14 | 15 | 9 | 6 | 8 | 11 | 8 | 7 | 10 | 8 |
| Interest | 24 | 17 | 22 | 23 | 25 | 24 | 27 | 27 | 27 | 22 | 26 | 27 |
| Depreciation | 16 | 16 | 19 | 17 | 18 | 19 | 21 | 20 | 22 | 22 | 23 | 26 |
| Profit before tax | 46 | 35 | 54 | 73 | 63 | 54 | 78 | 76 | 79 | 59 | 95 | 120 |
| Tax % | 14% | 2% | 10% | 15% | 11% | 10% | 16% | 14% | 9% | 12% | 15% | 17% |
| Net Profit | 39 | 34 | 49 | 62 | 56 | 48 | 65 | 66 | 72 | 52 | 81 | 99 |
| EPS in Rs | 9.16 | 8.2 | 11.78 | 14.99 | 12.75 | 12.25 | 14.86 | 14.76 | 15.95 | 11.56 | 18.04 | 21.76 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 14%
- 5 Years
- 28%
- 3 Years
- 17%
- TTM
- 14%
- 10 Years
- 23%
- 5 Years
- 101%
- 3 Years
- 25%
- TTM
- 24%
- 10 Years
- 37%
- 5 Years
- 72%
- 3 Years
- 89%
- TTM
- —
- 10 Years
- 16%
- 5 Years
- 21%
- 3 Years
- 22%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Pearl Global Industries | ₹ 1,215.00 | ₹ 11,273 Cr. | 35.4x | 7.7x | 21% | — |
| Page Industries | ₹ 33,774.65 | ₹ 37,672 Cr. | 56.1x | 29.6x | 52.5% | 14.6% |
| Vardhman Textiles | ₹ 495.00 | ₹ 14,319 Cr. | 23.5x | 1.8x | 7.3% | 7.6% |
| Indo Count Industries | ₹ 390.35 | ₹ 7,721 Cr. | 57.5x | 3.3x | 5.4% | 3% |
| Alok Industries | ₹ 8.10 | ₹ 4,022 Cr. | — | — | — | −20% |
| Gokaldas Exports | ₹ 673.70 | ₹ 4,937 Cr. | 63.1x | 2.8x | 4.7% | 2.5% |
Management
- Sanjay Gandhi
- Group Chief Financial Officer
- Narendra Kumar Somani
- Chief Financial Officer
- Vijay Yadav
- Chief Operating Officer
- Gurdeep Singh
- Chief Information Officer
- Shilpa Saraf
- Compliance Officer, Company Secretary
- Pallab Banerjee
- Managing Director, Executive Director
- Deepak Kumar
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.