Pearl Global Industries Ltd logo

Pearl Global Industries Ltd

PGIL NSE

Key Fundamentals

MicrocapTextiles & ApparelsTextiles
Market Cap
₹10,949 Cr
Volatility
Moderate
P/E Ratio
35.07
EBITDA
₹501 Cr
Return on Equity
18.78%
Debt to Equity
0.65
Book Value
₹316.05
EPS
₹41.17
52W High
₹2,539.6
52W Low
₹1,178.1

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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55 extracted metrics + investor summaries across FY14–FY27.

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Tapetide Score

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Technical Indicators

Key Insights

Strengths

2
  • Company has delivered good profit growth of 101% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 29.7%

Weaknesses

3
  • Stock is trading at 7.52 times its book value
  • Tax rate seems low
  • Promoter holding has decreased over last 3 years: -5.47%

Growth Rate

Revenue Growth
11.50%
Net Income Growth
16.98%
Cash Flow Change
125.83%
ROE
-6.71%
ROCE
-9.92%
EBITDA Margin (Avg.)
2.80%

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 18d ago
AI opinion · based on fundamentals
Risk medium

Pearl Global Industries Ltd is a textile and apparel exporter with a market cap of Rs 9,499 Cr, trading at a PE of 34.7x. The company has delivered exceptional profit CAGR of 101% over 5 years with consistent ROE of 21-22% over the last 3 years, though promoter holding has declined by 5.47% over the past three years.

Bull Case 8
  • Exceptional 5-year compounded profit growth of 101% CAGR demonstrates strong earnings scalability
  • Consistent ROE of 21-22% over the last 3 years indicates efficient capital allocation and high-quality earnings
  • 10-year ROE of 16% improving to 21% recently shows structural improvement in profitability
  • 5-year compounded sales growth of 28% reflects robust revenue expansion and market share gains in apparel exports
  • Healthy dividend payout of 29.7% signals management confidence in sustaining cash flows while rewarding shareholders
  • TTM sales growth of 12% and TTM profit growth of 15% indicate continued positive momentum despite a higher base
  • Stock CAGR of 62% over 5 years and 85% over 3 years reflects sustained market re-rating of the business
  • 3-year compounded sales growth of 17% alongside 25% profit growth shows improving operating leverage
Bear Case 8
  • PE of 34.7x is elevated for a textiles company, leaving limited margin of safety if growth decelerates
  • Promoter holding has decreased by 5.47% over the last 3 years, raising questions about insider confidence
  • Price-to-book ratio of 6.42x is significantly above textile sector averages, implying rich valuation
  • Tax rate appears low which may not be sustainable; normalization could compress net margins
  • TTM sales growth has slowed to 12% from the 5-year CAGR of 28%, indicating potential growth deceleration
  • Textiles sector is inherently cyclical and exposed to global demand slowdowns, currency fluctuations, and trade policy shifts
  • 10-year compounded sales growth of only 14% suggests the recent acceleration may not represent a permanent structural shift
  • Dividend yield of 0.71% provides minimal income cushion relative to the elevated valuation multiples

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 15d ago
Neutral 3
  • Q1FY27 earnings call Aug 6 Aug 1

    Pearl Global scheduled an earnings call for August 6, 2026, with MD Pallab Banerjee and Group CFO Sanjay Gandhi to review Q1FY27 results.

  • 37th AGM approvals completed Jul 20

    Shareholders approved financial statements and director appointments at the 37th AGM held on July 20, 2026.

  • No promoter share encumbrance FY26 Jul 7

    Promoters declared zero encumbrance of shares for FY26, filed with BSE and NSE on April 7, 2026.

TL;DR: Recent news flow for Pearl Global is purely procedural with no material positive or negative catalysts. The company maintains clean promoter holdings with no share encumbrance. Investors should watch the August 6 earnings call for Q1FY27 performance signals and forward guidance on order book and margin trajectory.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
894
961
704
877
1,053
1,202
1,023
1,229
1,228
1,313
1,170
1,314
1,528
Expenses
811
883
639
796
954
1,105
931
1,112
1,116
1,192
1,074
1,179
1,364
Operating Profit
83
77
65
81
98
97
91
117
112
121
96
134
164
OPM %
9%
8%
9%
9%
9%
8%
9%
10%
9%
9%
8%
10%
11%
Other Income
7
7
3
14
15
9
6
8
11
8
7
10
8
Interest
20
24
17
22
23
25
24
27
27
27
22
26
27
Depreciation
14
16
16
19
17
18
19
21
20
22
22
23
26
PBT
58
46
35
54
73
63
54
78
76
79
59
95
120
Tax %
18%
14%
2%
10%
15%
11%
10%
16%
14%
9%
12%
15%
17%
Net Profit
47
39
34
49
62
56
48
65
66
72
52
81
99
EPS in Rs
11.1
9.16
8.2
11.78
14.99
12.75
12.25
14.86
14.76
15.95
11.56
18.04
21.76
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1,024
1,393
1,538
1,496
1,758
1,685
1,491
2,714
3,158
3,436
4,506
5,025
5,325
Expenses
974
1,333
1,465
1,450
1,657
1,603
1,424
2,555
2,883
3,111
4,089
4,541
4,810
Operating Profit
50
61
73
46
100
82
67
159
275
325
417
484
515
OPM %
4.8%
4.3%
4.7%
3.1%
6%
4.9%
4.5%
6%
9%
9%
9%
10%
10%
Other Income
24
24
30
47
51
44
36
37
34
31
38
36
33
Interest
23
21
35
38
43
53
47
61
82
100
112
123
102
Depreciation
16
17
19
23
26
42
44
48
51
64
75
87
93
PBT
34
47
49
32
83
31
11
86
176
192
267
309
353
Tax %
29%
23%
15%
29%
19%
30%
-54%
18%
13%
12%
14%
13%
Net Profit
24
37
42
23
67
22
17
70
153
169
231
270
304
EPS in Rs
5.79
8.47
9.38
5.56
15.54
4.98
3.99
15.74
34.47
40.11
54.06
60.17
67.31
Div. Payout %
19%
18%
16%
18%
10%
0%
0%
16%
11%
44%
21%
24%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
22
22
22
22
22
22
22
22
22
22
23
23
Reserves
296
323
359
373
448
479
496
577
701
780
1,133
1,437
Borrowings
167
217
253
315
333
463
440
645
558
588
773
943
Other Liabilities
250
264
282
226
298
288
339
538
501
595
667
842
Total Liabilities
734
825
916
937
1,100
1,252
1,296
1,781
1,781
1,986
2,595
3,245
Fixed Assets
213
210
256
274
338
422
390
448
500
612
727
818
CWIP
3
11
16
8
8
36
47
15
33
35
44
113
Investments
11
19
13
37
33
38
55
55
60
30
24
36
Other Assets
507
585
630
617
722
756
804
1,263
1,188
1,309
1,800
2,278
Total Assets
734
825
916
937
1,100
1,252
1,296
1,781
1,781
1,986
2,595
3,245
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
32
25
15
33
75
64
95
-92
365
352
176
398
Investing
-55
-22
-49
-58
-59
-85
-26
-40
-26
-128
-104
-158
Financing
2
24
11
31
-14
15
-62
153
-200
-152
101
-46
Net Cash Flow
-20
27
-23
6
2
-6
7
22
139
72
174
194
Free Cash Flow
2
5
-49
8
4
-32
64
-142
325
229
81
208
CFO/OP
78
51
28
81
102
97
147
-53
141
115
50
91
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
43
50
38
35
46
48
59
49
24
28
26
30
Inventory Days
119
80
93
93
99
119
133
131
115
108
108
122
Days Payable
113
82
51
48
76
82
117
106
88
105
86
97
Cash Conversion Cycle
49
48
80
79
69
85
76
74
52
32
49
55
Working Capital Days
5
6
5
5
16
17
29
25
5
3
6
6
ROCE %
6%
12%
13%
10%
14%
10%
5%
12%
19%
21%
22%
20%

Shareholding Pattern

As of Jun 2026
Promoters 61.11%
DIIs 19.17%
Public 9.59%
FIIs 6.82%
Others 3.31%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Jul 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
66.58%
66.58%
66.58%
66.58%
66.58%
66.58%
66.58%
66.58%
66.58%
66.58%
66.58%
66.23%
66.19%
66.17%
63.21%
62.91%
62.82%
62.81%
62.78%
62.75%
61.24%
61.16%
61.11%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
5.30%
0.00%
5.45%
5.39%
4.73%
4.57%
5.20%
7.39%
6.80%
6.50%
6.27%
6.49%
6.82%
DIIs
2.23%
1.99%
1.46%
1.21%
1.18%
1.11%
1.29%
1.22%
1.24%
1.05%
0.50%
0.00%
0.49%
0.61%
5.70%
9.31%
11.23%
11.56%
12.77%
14.02%
16.77%
18.80%
19.17%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
19.38%
19.64%
21.55%
22.72%
22.98%
23.02%
23.47%
23.63%
24.11%
23.99%
23.79%
23.39%
22.96%
22.75%
21.03%
18.50%
16.66%
14.27%
13.58%
12.74%
11.78%
9.88%
9.59%
Others
11.80%
11.79%
10.40%
9.49%
9.25%
9.29%
8.65%
8.57%
8.07%
8.38%
3.83%
10.38%
4.90%
5.08%
5.33%
4.70%
4.09%
3.97%
4.06%
4.00%
3.94%
3.67%
3.31%
No. of Shareholders
13,091
12,853
13,815
13,600
13,477
13,502
13,736
13,619
13,400
13,839
14,776
17,071
16,314
19,284
21,431
21,301
23,739
24,549
25,755
26,819
29,013
30,110
30,518

Documents

Frequently Asked Questions about Pearl Global Industries Ltd

What does Pearl Global Industries Ltd do?
Pearl Global Industries Ltd. incorporated in 1987. [1] Pearl Global Industries Limited (PGIL) is a garment exporter, manufacturing from multiple sourcing regions within India and countries within South Asia. The product range includes knits, woven, and bottoms across men, women, and kids' wear se...
Where is Pearl Global Industries Ltd (PGIL) listed?
Pearl Global Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: PGIL and BSE: 532808. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Pearl Global Industries Ltd belong to?
Pearl Global Industries Ltd operates in the Textiles sector within the Textiles & Apparels industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Pearl Global Industries Ltd?
Pearl Global Industries Ltd has a market capitalisation of approximately ₹10949.18 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Pearl Global Industries Ltd?
The Price-to-Earnings (PE) ratio of Pearl Global Industries Ltd is 35.07. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Pearl Global Industries Ltd?
Over the past 52 weeks, Pearl Global Industries Ltd has traded between a low of ₹1,178.1 and a high of ₹2,539.6. This range helps investors understand the stock's price volatility and recent trading levels.
Does Pearl Global Industries Ltd pay dividends?
Yes, Pearl Global Industries Ltd has a dividend yield of 0.61%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Pearl Global Industries Ltd?
Pearl Global Industries Ltd has a Return on Equity (ROE) of 18.78%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Pearl Global Industries Ltd on Tapetide?
On Tapetide, you can view Pearl Global Industries Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Pearl Global Industries Ltd. incorporated in 1987. [1] Pearl Global Industries Limited (PGIL) is a garment exporter, manufacturing from multiple sourcing regions within India and countries within South Asia. The product range includes knits, woven, and bottoms across men, women, and kids' wear segments. [2]

CEO Mr. Pallab Banerjee
Employees 9,092
Listed 2007-02-15
Face Value ₹ 5
Issued Size 4,60,83,917

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