PGIL Q2 FY26 Earnings Call: Revenue Up 12.7%, Margins Steady

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedAnalyst Day Multiyear TargetsInvestor Communications View source PDF Explain this filing

PGIL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+6.6%1-day move

₹1664.90

prior close

₹1697.60

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.5+0.8+0.9+0.1+6.6+5.0+3.8+3.1+2.3+1.3-5.7-1.9-13.1-4.0

Up moveDown movePending

AI summary

Pearl Global H1 FY26 revenue grew 12.7 percent to INR2,541 crores. Adjusted EBITDA excluding ESOP rose 18.4 percent to INR236 cr at 9.3 percent margin (10.6 percent excluding tariff costs and new facility losses). Q2 revenue up 9.2 percent to INR1,313 cr, PAT up 29.4 percent to INR72 cr. Board declared INR6 interim dividend. ROCE improved to 29 percent. US exposure cut to under 50 percent from 86 percent in FY21. Reaffirmed INR6,000 cr revenue target by FY28 and 12 percent EBITDA margin aspiration.

Likely market impact

Steady growth, margin guidance intact despite tariff headwinds. INR6 dividend and 29 percent ROCE support shareholder returns. Multi-year targets reaffirmed.