PGILBSEPearl Global Industries LtdMediumNeutral
Announced Thu, 14 May · 21:37 IST

Please find attached investor presentation w.r.t. Financial results for the period ended March 31, 2026

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedInvestor Communications View source PDF

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AI summary

Pearl Global Industries delivered record FY26 performance with consolidated revenue crossing Rs. 5,000 crore for the first time at Rs. 5,025 crore (11.5% YoY). Adjusted EBITDA reached Rs. 468 crore (14% YoY growth) with margins at 9.3%, or 10.3% excluding ~Rs. 36 crore reciprocal tariff impact and ~Rs. 13 crore incremental losses in Bihar/Guatemala. PAT grew 17% to Rs. 270 crore. The company surpassed 100 million pieces annual installed capacity. Management highlighted that India's standalone operations saw 9.6% revenue decline due to US tariff impact, though margins improved through cost restructuring. The company declared highest ever dividend of Rs. 14.5 per share (290% of face value), representing ~25% payout ratio. Credit rating was upgraded by ICRA. Bangladesh capex expected to complete by Q2 FY27, adding 6-7 million pieces capacity.

Likely market impact

Strong FY26 results with double-digit growth across metrics, though India operations face tariff headwinds. Diversified multi-country manufacturing model provides resilience. Management plans Rs. 200-250 crore capex in FY27 to support further growth.