Pearl Global Industries Limited has informed the Exchange about Transcript
PGIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Pearl Global Industries reported its best-ever Q1 with consolidated revenue of INR 1,052.8 crores (up 17.7% YoY) and adjusted EBITDA of INR 100.4 crores (up 18.8% YoY), crossing the INR 1,000 crore revenue and INR 100 crore EBITDA milestones for the first time. PAT grew 30.8% YoY to INR 61.9 crores, driven by 35% volume growth led by the knit segment. Management reaffirmed its FY28 targets of 12-14% revenue CAGR and 10-12% EBITDA margin, expressing confidence in achieving double-digit EBITDA margin by end of FY25. The company recently raised INR 149.5 crores via QIP and outlined INR 500 crores capex over 2-4 years, with capacity additions planned in India (Bihar, Odisha, Madhya Pradesh), Bangladesh, Vietnam, and Indonesia. Bangladesh operations faced 6 days of production loss due to civil unrest, but management expects to recover the loss through overtime with no material customer pushback.
Strong Q1 results and reaffirmed multi-year growth trajectory are positive signals for the stock, though near-term Bangladesh geopolitical risks and a 34.3% YoY decline in standalone EBITDA margins suggest some caution. QIP completion and capex plans signal confidence in long-term growth.