PDS Limited has informed the Exchange about Investor Presentation
PDSL · price
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PDS Limited, the world's largest listed global apparel sourcing platform, reported FY26 GMV of ₹19,666 Cr (up 5% YoY) and revenue of ₹13,110 Cr (up 4% YoY). The company achieved strong gross margin expansion to 20.6% and significantly improved working capital efficiency with net working capital days dropping to 4 days from 17 days in FY25. Operating cash flow surged to ₹781 Cr versus an outflow of ₹37 Cr in FY25. Net debt was sharply reduced by 72% to ₹105 Cr. Management also announced Project PULSE, an AI-enabled digital transformation initiative to institutionalize BCG cost optimization, with investments in new verticals cut by 27% YoY. The order book stood at ~₹5,074 Cr (up 11%), providing visibility for FY27.
The results demonstrate improved operational efficiency and balance sheet strength. Management's clear focus on margin improvement through cost transformation and strategic exits from loss-making verticals is positive for shareholders. The US market breakthrough with a $50 Mn+ Sourcing-as-a-Service mandate and FTA tailwinds from India-EU and UK agreements present growth opportunities.