Pearl Global Industries Limited has informed the Exchange about Transcript of the conference call with Investors/Analysts, held on February 07, 2026.

Pearl Global Industries reported its highest-ever Q3 revenue in 5 years at INR 1,170 crores, up 14.4% year-on-year. For 9M FY26, revenue grew 13.2% to INR 3,711 crores, with adjusted EBITDA of INR 333 crores (up 14%) and PAT of INR 189 crores (up 14%). Adjusted EBITDA margin was 9% for 9M, but 10.1% excluding tariff impact of INR 31 crores and new-facility ramp-up costs of INR 11 crores. Management highlighted the India-U.S. trade deal cutting tariffs from 50% to 18%, alongside signed FTAs with the EU and UK, which they expect to boost India volumes from FY27 onwards. India is currently running at an INR 1,100 crore annualized rate with built-in capacity for INR 1,500-1,600 crores. Bangladesh capacity expansion (adding ~6 million pieces) is on track for Q2 FY27, with 2 new major customers added in Dhaka. The company also announced a credit rating upgrade to ICRA A+ stable (long-term) and A1+ (short-term).