NSE: PEARLPOLY · BSE: 523260
PEARL POLYMERS LTD
Trades PET bottles, jars and containers in India under the Pearl Pet brand, operating as a single reportable segment. FY26 revenue from operations was Rs 1,970.31 lakhs, down roughly 10% from Rs 2,197.21 lakhs the year before. The business ran at a net loss of Rs 476.89 lakhs in FY26 (versus Rs 512.00 lakhs the prior year), with operating expenses — other operating expenses at 51.3% of revenue and employee cost at 27.2% — exceeding the top line. Depreciation added 2.5% of revenue and capex was 2.0% of revenue, while cash flow from operations stayed negative at Rs -495.51 lakhs. The filings confirm only one segment, no subsidiaries, and an unmodified audit opinion for the year ended March 31, 2026. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. PET bottles, jars and containers (100%). Small, single-segment PET packaging trader; loss-making with negative operating cash flow.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 14 | 17 | 16 | 22 | 20 |
| EBITDA (ex other income) | (62) | (10) | (7) | (8) | (7) |
| margin % | (442.6) | (57.1) | (42.5) | (36.1) | (37.2) |
| Owners' profit | 22 | (8) | 1 | (5) | (5) |
| EPS, as reported (₹) | 12.98 | (4.86) | 0.39 | (3.04) | (2.83) |
| ROE % · ROCE % | 47.4 · 59.2 | (21.5) · (20.2) | 1.7 · 1.0 | (15.3) · (15.0) | (16.5) · (16.2) |
| Debt / equity (x) | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 29 | (5) | (7) | (5) | (5) |
| Capex | (1) | (1) | (1) | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 5 | 6 | 5 | 4 | 5 | 6 | 5 |
| Profit before tax | 0 | (2) | (5) | 3 | (2) | (2) | (4) | 2 |
| Net profit | 0 | (2) | (4) | 3 | (2) | (2) | (4) | 2 |
| EPS (₹) | 0.14 | (1.32) | (2.63) | 1.72 | (1.15) | (0.98) | (2.43) | 1.40 |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 26 Sept 2026 · Trading window closed from Oct 1 till 48 hours after Q2 results | compliance | minimal | — | — |
| 26 Sept 2026 · Pearl Polymers 55th AGM: All resolutions passed with 99.95% majority | board shareholder meetings | low | — | — |
| 25 Sept 2026 · Pearl Polymers holds 55th AGM, adopts FY26 accounts | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Newspaper notice for 55th AGM, e-voting and book closure | compliance | minimal | — | — |
| 2 Sept 2026 · 55th AGM notice and Annual Report FY 2025-26 web-link sent to shareholders | compliance | minimal | — | — |
| 2 Sept 2026 · Pearl Polymers 55th AGM on Sep 25, 2026; Annual Report FY26 filed | board shareholder meetings | medium | — | — |
| 2 Sept 2026 · Pearl Polymers 55th AGM on Sep 25, 2026; notice and annual report enclosed | board shareholder meetings | low | — | — |
| 30 Aug 2026 · Newspaper notice for Pearl Polymers 55th AGM on 25 September 2026 | compliance | minimal | — | — |
| 13 Aug 2026 · Pearl Polymers publishes Q1 FY26 results in newspapers | compliance | minimal | — | — |
| 12 Aug 2026 · 55th AGM scheduled for 25 Sep 2026 via video conferencing | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.