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Pearl Global Industries Ltd (PGIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532808 NSE: PGIL Textile | Small Cap | Pearl Global Inds. Share Price

₹2,079 0.00 (0.00%)

As on 02-Jul'26 16:59

Pearl Global Industries Ltd (PGIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532808 NSE: PGIL Textile | Small Cap | Pearl Global Inds. Share Price

₹2,079 0.00 (0.00%)

As on 02-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹9,602 Cr.
Current Price
₹2,079
52-Week Low / High
₹1,180 / 2,115
TTM EPS
₹14.9
TTM Sales
₹1,081 Cr.
Book Value per Share
₹125.1
P/E Ratio
139.51
Higher than its 5-year historical median
Industry PE
39.8
Price to Book (P/B)
16.62
Higher than its 5-year historical median
Price to Sales (P/S)
8.88
Higher than its 5-year historical median
EV/EBITDA
66.09
Higher than its 5-year historical median
Dividend Yield
0.7%
Profitability Efficiency
Return on Equity (ROE)
12.22%
Outperforms industry median
Return on Capital Employed (ROCE)
13.96%
Outperforms industry median
Return on Assets (ROA)
5.94%
Operating Profit Margin
6.4%
Net Profit Margin
6.36%
Gross Profit Margin
9.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-9.6%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
11.36%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
25.36%
Asset Quality
Promoter Holding
61.16%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹555 Cr.
Equity
₹23.1 Cr.
Face Value
₹5
All Time Low / High
₹18.00 / 2115.00

Pearl Global Industries stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Pearl Global Industries Ltd a good quality company?
Pearl Global Industries Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Pearl Global Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Pearl Global Industries Ltd vs industry peers?
Pearl Global Industries Ltd revenue CAGR is 7.70%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Pearl Global Industries Ltd?
Promoters hold 61.16% of the Pearl Global Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Pearl Global Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 29.9% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Pearl Global Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 8.9%6.4%11%7.4%3.1%11.5%16%10.5%13.6%14%-
Value Creation
Index
-0.4-0.5-0.2-0.5-0.8-0.20.1-0.30.00.0-

Growth Parameters

Sales 8587118408257719341,1049541,1961,0811,081
Sales YoY Gr.--17.2%18.2%-1.8%-6.5%21.1%18.2%-13.6%25.4%-9.6%-
Adj EPS -0.4-4.13.1-1.3-2.93.911.55.3101414.9
YoY Gr.-NANA-140.6%NANA195.4%-54%90.3%39.7%-
BVPS (₹) 70.268.97370.672.479.387.383.8119.4125.2125.1
Adj Net
Profit
-1.6-17.813.5-5.5-12.716.849.72346.164.769
Cash Flow from Ops. 4.4-33.126.711.841.3-23.390.862.343.435.9-
Debt/CF from Ops. 41.1-77.618.85.2-11.12.33.767.7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 2.6%7%-0.7%-9.6%
Adj EPS NANA6.9%39.7%
BVPS6.6%11.6%12.8%4.9%
Share Price 32.6% 81.4% 89% 35.7%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-0.5-5.94.4-1.8-4.15.113.76.19.911.311.9
Op. Profit
Mgn %
0.7-0.15.13.2-0.14.77.14.85.26.45.9
Net Profit
Mgn %
-0.2-2.51.6-0.7-1.61.84.52.43.966.4
Debt to
Equity
0.60.80.60.70.70.80.60.60.50.50
Working Cap
Days
122159140150170168137144133171100
Cash Conv.
Cycle
3658556265503940365634

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales8587118408257719341,1049541,1961,081
Operating Expenses + 8527227998037738901,0319081,1341,013
Manufacturing Costs199165167174145242209183230194
Material Costs459349417400473428542415537450
Employee Cost 113120132150108152198240280274
Other Costs 81888379476782708794
Operating Profit 6-114122-24473466269
Operating Profit Margin (%) 0.7%-1.5%4.9%2.7%-0.3%4.7%6.6%4.8%5.2%6.4%
Other Income + 45482633243230425778
Exceptional Items 083113711-15-1
Interest 23262628262934323439
Depreciation 11131318181819242728
Profit Before Tax 1873211-93662306378
Tax 14106-1098289
Profit After Tax 17322512754285569
PAT Margin (%) 2.0%0.4%2.6%0.6%0.1%2.9%4.9%3.0%4.6%6.4%
Adjusted EPS (₹)3.90.65.01.20.26.312.46.512.014.9
Dividend Payout Ratio (%)38.20%162.70%30.20%0%0%39.90%30.20%135.10%96.20%97.20%

Valuation of Pearl Global Inds. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 304299316306314343378365549578
Share Capital 22222222222222222323
Reserves 283277295284292322357343526555
Debt +175222194206195234182202237260
Long Term Debt23393254828358583422
Short Term Debt151183162153113151125144203238
Minority Interest0000000000
Trade Payables1357110591162179126160164152
Others Liabilities 887791123115124119137183194
Total Liabilities 7016687067277868808058651,1321,184

Fixed Assets

Net Fixed Assets +133127133159158147160187209222
Gross Block143148165207223224253302335373
Accumulated Depreciation10213248657793115126150
CWIP 31220071413
Investments 129138119126127132132125164169
Inventories145120135148133222136151170193
Trade Receivables898711197145116110126143165
Cash Equivalents 4325373057658985220203
Others Assets 160171169165166200171176225229
Total Assets 7016687067277868808058651,1321,184

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 4-33271241-2391624336
PBT 1873211-93662306378
Adjustment 1272134423013523-5
Changes in Working Capital -11-57-16-2322-78461-32-34
Tax Paid -3-2-7-9-1-4-7-6-5-4
Cash Flow From Investing Activity + -38723-3215737-12-2825
Capex -522-1-430-126-48-4-13
Net Investments 10777-2-801625
Others 4-316416151220-2633
Cash Flow From Financing Activity + 2324-4819-3114-104-56115-77
Net Proceeds from Shares 000000041507
Net Proceeds from Borrowing 1017-728321-261-24-13
Interest Paid -16-19-16-24-24-27-27-26-27-26
Dividend Paid -1-6-4-600-16-49-23-57
Others 2932-2021-3939-35143813
Net Cash Flow -11-22-225-324-6130-16

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)5.80.8871.610.258.2614.917.612.0212.22
ROCE (%)8.916.4210.987.443.1411.5216.0210.5413.5813.96
Asset Turnover Ratio1.331.041.221.151.021.121.321.151.210.94
PAT to CFO Conversion(x)0.24-111.232.441-0.851.692.210.780.52
Working Capital Days
Receivable Days32.6045.3043.2046.1057.40513745.1040.8051.80
Inventory Days53.8068.1055.4062.6066.3069.3058.4054.5048.6061.10
Payable Days90.40107.8077.1089.7097.60145.20102.60125.90110127.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Pearl Global Industries Ltd FAQs

The current trading price of Pearl Global Inds. on 02-Jul-2026 16:59 is ₹2,079.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jul-2026 the market cap of Pearl Global Inds. stood at ₹9,601.7 Cr

The latest P/E ratio of Pearl Global Inds. as of 01-Jul-2026 is 139.5.

The latest P/B ratio of Pearl Global Inds. as of 01-Jul-2026 is 16.62.

The 52-week high of Pearl Global Inds. is ₹2,115 and the 52-week low is ₹1,180.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Pearl Global Inds. is ₹1,081 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Pearl Global Industries Ltd is a average quality company.

The key valuation ratios of Pearl Global Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Pearl Global Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Pearl Global Industries Ltd

Pearl Global Industries (Pearl Global) was founded in 1987 by Deepak Kumar Seth. Since then, it has grown into a prominent global apparel multinational company. The company specialises in elevating everyday experiences with its range of stylish and trendy apparel. The company’s commitment towards sustainable practices is deeply ingrained in its core values as it strives to develop apparel that cater to all age groups, genders, and fashion sensibilities.

With a presence spanning across three continents, the company has emerged as a leading apparel company, through superior design and sustainable practices. The company embraces the ever-evolving world of fashion with a strong emphasis on teamwork, trust, and a steadfast focus on systems. The company’s journey is not just about expanding geographically; it is about strengthening bonds across borders.

Business area of the company

The company is engaged into the business of manufacturing, sourcing and trading of ready to wear apparels in India and overseas, through its overseas subsidiaries.

Clothing categories

  • Knits
  • Wovens
  • Denim
  • Outerwear
  • Sleepwear & Lounge
  • Childrenswear
  • Activewear & Athleisure

Awards

  • 2006-07: Highest Exports In Woven Garments To Pearl Global
  • 2007-08: Highest Exports In Woven Garments To Pearl Global
  • 2008-09: Highest Exports By Young Entrepreneur-first Position To Mr. Pulkit Seth, Vice Chairman, Pearl Global
  • 2009-10: Highest Exports By Young Entrepreneur- 1st Position To Mr. Pulkit Seth, Vice Chairman, Pearl Global
  • 2009-10: Highest Exports In Woven Garments- 1st Position To Pearl Global
  • 2010-11: Highest Exports- Woven Garments-Winner - To Pearl Global
  • 2011-12: Highest Exports- Woven Garments - Winner - To Pearl Global
  • 2012-13: Highest Exports By Young Entrepreneur - Winner-To Mr. Pulkit Seth, Vice Chairman, Pearl Global
  • 2015-16: Highest Global Exports (Above Rs 100 crore And Upto Rs 500 crore)- 1st Position
  • 2020-21: AsiaOne Most Influential Young Leaders - Pulkit Seth
  • 2022-23: Pearl Global is recognized as one of the best organisations for Women 2022 Powered by Femina
  • 2022-23: Influential Leader of India 2023 by Marksmen Daily in association with ET Now - Mr. Pulkit Seth
  • 2022-23: Digital Transformation in Manufacturing Award at the Manufacturing 5.0 Summit & Awards 2023
  • 2022-23: Diversity and Inclusion award by Apparel Resource at the Sustainable NXT Conference and Awards.
  • 2021-22 & 2022-23: Highest Exports in Woven Garments 2021-22 & 2022-23 by AEPC EXCELLENCE HONOURS Awards - To Pearl Global
  • 2024: Best Use of Technology to Enhance Manufacturing Operations (Apparel and Fashion Manufacturing).
  • 2025: Best Organisations to Work for in 2025 by ET Now
  • 2025: Best Predictive Maintenance Implementation Team Garment Manufacturing' at OT Nexus 2025, New Delhi!
  • 2025: Awarded as 2025 Kohl's Vendor of the Year!
  • 2025: Excellence in Digitalization & Automation' award at the 5th Edition of the Future of Manufacturing Summit & Awards 2025.

Milestones

  • 1987: Commenced commercial operations (by erstwhile Pearl Global Limited)
  • 1998: Established presence in Hong Kong
  • 2002: Started operations in Indonesia
  • 2004: Built import and distribution in the US and the UK
  • 2004: Commenced Norp 1 operations in Bangladesh
  • 2007: Listed at NSE and BSE
  • 2011: Expanded Bangladesh operations with Norp 2
  • 2014: Commenced Operations in Bengaluru
  • 2014: Demerger of the sourcing, marketing and distribution business
  • 2016: Commenced operations of Pearl 1, in Chennai
  • 2017: Commenced operations in Vietnam
  • 2020: Commenced operations of Prudent Fashions in Bangladesh
  • 2021: Inaugurated own corporate office of PT Pinnacle Apparels in Indonesia
  • 2021: Acquired land for acquisition of PT Pinnacle Apparels’ operations in Indonesia
  • 2022: Acquired Alpha Clothing Limited in Bangladesh
  • 2023: Expanded capacity by building a new facility on owned land in Indonesia
  • 2023: Expanded operations in Guatemala
  • 2024: Expanded presence through new facilities in India and Bangladesh
  • 2025: Incorporated subsidiary in Bangladesh

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