Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Valuation 
Analyst Note 
Qtr. Results 
Financials 
News 
About
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
₹1,190.75 1.70 (0.14%)
As on 11-Sep'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
₹1,190.75 1.70 (0.14%)
As on 11-Sep'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹11,000 Cr.
Current Price
₹1,190.8
52-Week Low / High
₹606 / 1,286
TTM EPS
₹33.6
TTM Sales
₹5,325 Cr.
Book Value per Share
₹170.8
P/E Ratio
35.45
Lower than its 5-year historical median
Industry PE
35.9
Price to Book (P/B)
6.97
In line with its 5-year historical median
Price to Sales (P/S)
2.07
Lower than its 5-year historical median
EV/EBITDA
19.82
Lower than its 5-year historical median
Dividend Yield
0.61%
Profitability Efficiency
Return on Equity (ROE)
20.79%
Outperforms industry median
Return on Capital Employed (ROCE)
22.42%
Outperforms industry median
Return on Assets (ROA)
9.09%
Operating Profit Margin
9.6%
Net Profit Margin
5.37%
Gross Profit Margin
7.9%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-9.6%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
16.56%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
17.01%
Asset Quality
Promoter Holding
61.11%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,532 Cr.
Equity
₹46.2 Cr.
Face Value
₹5
All Time Low / High
₹9.00 / 1285.83
Check Before You Invest
Quality
Somewhat GoodValuation
OvervaluedCheck Valuation charts
Price Trend
Weak
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?
Revenue growth of Pearl Global Industries Ltd vs industry peers?
Pearl Global Industries Ltd revenue CAGR is 27.51%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Pearl Global Industries Ltd?
Promoters hold 61.11% of the Pearl Global Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Pearl Global Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 37.9% based on the current price.
10 Year X-Ray :
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 endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
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'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | -0.2 | 0.1 | -0.3 | 0.0 | 0.0 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 858 | 711 | 840 | 825 | 771 | 934 | 1,104 | 954 | 1,196 | 1,081 | 1,154 |
| Sales YoY Gr. | - | -17.2% | 18.2% | -1.8% | -6.5% | 21.1% | 18.2% | -13.6% | 25.4% | -9.6% | - |
| Adj EPS ⓘ | -0.2 | -2.1 | 1.6 | -0.6 | -1.5 | 1.9 | 5.7 | 2.6 | 5 | 7 | 6 |
| YoY Gr. | - | NA | NA | -140.4% | NA | NA | 195.4% | -54.1% | 90.5% | 39.7% | - |
| BVPS (₹) ⓘ | 35.1 | 34.5 | 36.5 | 35.3 | 36.2 | 39.6 | 43.7 | 41.9 | 59.7 | 62.6 | 66.4 |
| Adj Net Profit ⓘ | -1.6 | -17.8 | 13.5 | -5.5 | -12.7 | 16.8 | 49.7 | 23 | 46.1 | 64.7 | 55 |
| Cash Flow from Ops. ⓘ | 4.4 | -33.1 | 26.7 | 11.8 | 41.3 | -23.3 | 90.8 | 62.3 | 43.4 | 35.9 | - |
| Debt/CF from Ops. ⓘ | 41.1 | -7 | 7.6 | 18.8 | 5.2 | -11.1 | 2.3 | 3.7 | 6 | 7.7 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 2.6% | 7% | -0.7% | -9.6% | ||||
| Adj EPS ⓘ | NA | NA | 6.9% | 39.7% | ||||
| BVPSⓘ | 6.6% | 11.6% | 12.8% | 4.9% | ||||
| Share Price | 38.2% | 71.2% | 70.1% | 78.4% | ||||
Key Financial Parameters ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -0.5 | -5.9 | 4.4 | -1.8 | -4.1 | 5.1 | 13.7 | 6.1 | 9.9 | 11.3 | 9.3 |
| Op. Profit Mgn % ⓘ | 0.7 | -0.1 | 5.1 | 3.2 | -0.1 | 4.7 | 7.1 | 4.8 | 5.2 | 6.4 | 5.8 |
| Net Profit Mgn % ⓘ | -0.2 | -2.5 | 1.6 | -0.7 | -1.6 | 1.8 | 4.5 | 2.4 | 3.9 | 6 | 4.8 |
| Debt to Equity ⓘ | 0.6 | 0.8 | 0.6 | 0.7 | 0.7 | 0.8 | 0.6 | 0.6 | 0.5 | 0.5 | - |
| Working Cap Days ⓘ | 122 | 159 | 140 | 150 | 170 | 168 | 137 | 144 | 133 | 171 | 100 |
| Cash Conv. Cycle ⓘ | 36 | 58 | 55 | 62 | 65 | 50 | 39 | 40 | 36 | 56 | 34 |
Valuation of Pearl Global Inds. - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,538 | 1,496 | 1,757 | 1,685 | 1,491 | 2,714 | 3,158 | 3,436 | 4,506 | 5,025 |
| Operating Expenses ⓘ + | 1,465 | 1,459 | 1,657 | 1,608 | 1,424 | 2,558 | 2,886 | 3,112 | 4,092 | 4,541 |
| Operating Profit ⓘ | 73 | 37 | 100 | 77 | 67 | 155 | 272 | 324 | 415 | 483 |
| Operating Profit Margin (%) | 4.7% | 2.5% | 5.7% | 4.6% | 4.5% | 5.7% | 8.6% | 9.4% | 9.2% | 9.6% |
| Other Income ⓘ + | 30 | 48 | 34 | 49 | 24 | 33 | 23 | 32 | 36 | 37 |
| Interest ⓘ | 35 | 38 | 43 | 53 | 47 | 61 | 82 | 100 | 112 | 123 |
| Depreciation ⓘ | 19 | 23 | 26 | 42 | 44 | 48 | 51 | 64 | 75 | 87 |
| Profit Before Tax ⓘ | 49 | 32 | 83 | 31 | 11 | 86 | 176 | 192 | 267 | 309 |
| Tax ⓘ | 7 | 9 | 16 | 10 | -6 | 16 | 23 | 23 | 37 | 39 |
| Profit After Tax | 42 | 23 | 67 | 22 | 17 | 70 | 153 | 169 | 231 | 270 |
| PAT Margin (%) | 2.7% | 1.5% | 3.8% | 1.3% | 1.2% | 2.6% | 4.8% | 4.9% | 5.1% | 5.4% |
| Adjusted EPS (₹) | 4.7 | 2.8 | 7.8 | 2.5 | 2.0 | 7.9 | 17.2 | 20.1 | 27.0 | 30.1 |
| Dividend Payout Ratio (%) | 16% | 18% | 9.70% | 0% | 0% | 15.90% | 10.90% | 21.80% | 21.30% | 24.10% |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 380 | 395 | 470 | 501 | 517 | 599 | 720 | 793 | 1,143 | 1,456 | |
| Debt + | 241 | 263 | 316 | 357 | 325 | 523 | 407 | 398 | 520 | 663 | |
| Minority Interest | 11 | 10 | 12 | 13 | 13 | 16 | 20 | 15 | -9 | -22 | |
| Trade Payables | 118 | 109 | 181 | 181 | 247 | 439 | 392 | 486 | 557 | 698 | |
| Others Liabilities ⓘ | 178 | 173 | 143 | 220 | 204 | 229 | 290 | 335 | 432 | 502 | |
| Total Liabilities ⓘ | 927 | 950 | 1,121 | 1,271 | 1,305 | 1,805 | 1,828 | 2,028 | 2,642 | 3,297 | |
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 180 | 199 | 264 | 348 | 330 | 389 | 443 | 555 | 671 | 763 | |
| CWIP ⓘ | 16 | 8 | 8 | 36 | 47 | 15 | 33 | 35 | 44 | 113 | |
| Investments ⓘ | 13 | 37 | 33 | 38 | 55 | 55 | 60 | 30 | 24 | 36 | |
| Inventories | 216 | 210 | 236 | 264 | 279 | 540 | 513 | 503 | 705 | 882 | |
| Trade Receivables | 159 | 142 | 222 | 220 | 242 | 367 | 209 | 265 | 324 | 407 | |
| Cash Equivalents | 106 | 97 | 111 | 110 | 117 | 150 | 294 | 367 | 566 | 747 | |
| Others Assets ⓘ | 237 | 257 | 248 | 256 | 235 | 290 | 275 | 273 | 307 | 348 | |
| Total Assets ⓘ | 927 | 950 | 1,121 | 1,271 | 1,305 | 1,805 | 1,828 | 2,028 | 2,642 | 3,297 | |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 15 | 33 | 75 | 64 | 95 | -91 | 365 | 352 | 176 | 398 |
| Cash Flow From Investing Activity ⓘ + | -49 | -58 | -59 | -85 | -26 | -40 | -26 | -128 | -104 | -158 |
| Cash Flow From Financing Activity ⓘ + | 11 | 31 | -14 | 15 | -62 | 153 | -200 | -152 | 101 | -46 |
| Net Cash Flow ⓘ | -23 | 6 | 2 | -6 | 7 | 22 | 139 | 72 | 174 | 194 |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 11.68 | 5.95 | 15.52 | 4.48 | 3.44 | 12.56 | 23.2 | 22.36 | 23.84 | 20.79 |
| ROCE (%) | 14.09 | 10.46 | 16.59 | 9.93 | 6.65 | 14.38 | 22.1 | 24.15 | 25.71 | 22.42 |
| Asset Turnover Ratio | 1.73 | 1.59 | 1.7 | 1.41 | 1.16 | 1.75 | 1.75 | 1.79 | 1.94 | 1.69 |
| PAT to CFO Conversion(x) | 0.36 | 1.43 | 1.12 | 2.91 | 5.59 | -1.3 | 2.39 | 2.08 | 0.76 | 1.47 |
| Working Capital Days | ||||||||||
| Receivable Days | 41.60 | 36.80 | 37.80 | 47.90 | 56.60 | 40.90 | 33 | 25.20 | 23.80 | 26.60 |
| Inventory Days | 46.20 | 51.90 | 46.40 | 54.20 | 66.40 | 55 | 60.30 | 53.90 | 48.80 | 57.60 |
| Payable Days | 63.90 | 50.20 | 60.70 | 81.80 | 101.60 | 82.80 | 93 | 94.40 | 80.30 | 86.90 |
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Pearl Global Industries Ltd FAQs
The current trading price of Pearl Global Inds. on 11-Sep-2026 16:59 is ₹1,190.8.
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 10-Sep-2026 the market cap of Pearl Global Inds. stood at ₹11,000.3 Cr
The latest P/E ratio of Pearl Global Inds. as of 10-Sep-2026 is 198.5.
The latest P/B ratio of Pearl Global Inds. as of 10-Sep-2026 is 17.93.
The 52-week high of Pearl Global Inds. is ₹1,285.8 and the 52-week low is ₹605.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Pearl Global Inds. is ₹1,154 ( 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 Weak which suggest that the price of Pearl Global Industries Ltd is likely to Fall 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
You have 48 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
