Pearl Global Industries Ltd

Pearl Global Industries Ltd

₹ 1,431 1.40%
29 May 12:46 p.m.
About

Pearl Global Industries Ltd. incorporated in 1987. [1] Pearl Global Industries Limited (PGIL) is a garment exporter, manufacturing from multiple sourcing regions within India and countries within South Asia. The product range includes knits, woven, and bottoms across men, women, and kids' wear segments. [2]

Key Points

Product Portfolio
Woven & Knits Tops & Dresses: Strong Design Capabilities & Co-Creation with Brand with the Production Capacity of 41 Mn Units p.a. across countries, [1]
Denim & Woven Constructed: Capability to handle various kinds of washes, garment over-dye, wet/dry processes with a Production Capacity of 17 Mn units p.a. across countries. [2]
Outerwear: Value Add & Complex
Product Handling with a Production capacity of 6 Mn Units p.a. across countries. [3]
Sleep/Loungewear: It specializes across knits /woven having a production capacity of 5 Mn Units p.a. across countries. [4]
Men’s Wear: It specializes across knits /woven categories with a production capacity of 6 Mn Units p.a. across countries. [5]

  • Market Cap 6,576 Cr.
  • Current Price 1,431
  • High / Low 1,718 / 549
  • Stock P/E 131
  • Book Value 122
  • Dividend Yield 0.81 %
  • ROCE 11.7 %
  • ROE 10.8 %
  • Face Value 5.00

Pros

  • Company has delivered good profit growth of 65.2% CAGR over last 5 years

Cons

  • Stock is trading at 11.6 times its book value
  • The company has delivered a poor sales growth of 7.70% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 10.2% over last 3 years.
  • Earnings include an other income of Rs.60.4 Cr.
  • Promoter holding has decreased over last 3 years: -3.77%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
350 328 301 201 275 258 218 158 320 276 287 235 397
336 306 284 191 253 238 211 161 301 264 284 228 359
Operating Profit 14 22 16 10 21 20 8 -3 19 12 3 8 39
OPM % 4% 7% 5% 5% 8% 8% 4% -2% 6% 4% 1% 3% 10%
13 11 3 5 22 9 6 16 11 21 20 12 7
Interest 7 7 8 7 8 8 8 6 8 7 7 8 9
Depreciation 4 4 4 5 6 5 5 6 8 6 7 7 7
Profit before tax 16 22 7 3 30 15 1 1 13 20 9 4 30
Tax % 21% 17% 24% 26% 5% 25% 11% -554% 10% 21% -32% 6% 22%
13 18 6 2 28 12 1 4 12 16 12 4 23
EPS in Rs 2.94 4.15 1.29 0.54 6.45 2.68 0.28 0.81 2.73 3.64 2.52 0.91 5.06
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
663 624 768 858 711 840 825 771 934 1,104 954 1,196
639 605 751 852 712 799 803 773 886 1,028 907 1,135
Operating Profit 24 19 17 6 -2 41 22 -2 48 76 46 61
OPM % 4% 3% 2% 1% -0% 5% 3% -0% 5% 7% 5% 5%
20 27 32 45 47 29 35 37 35 39 41 60
Interest 21 21 20 23 26 26 28 26 29 34 32 31
Depreciation 8 10 10 11 13 13 18 18 18 19 24 27
Profit before tax 15 15 19 18 7 32 11 -9 36 62 30 63
Tax % 5% 33% 29% 6% 61% 33% 54% -108% 25% 13% 7% 13%
15 10 13 17 3 22 5 1 27 54 28 55
EPS in Rs 3.40 2.36 3.08 3.93 0.61 4.97 1.16 0.18 6.27 12.43 6.48 11.95
Dividend Payout % 29% 48% 49% 38% 163% 30% 0% 0% 40% 30% 0% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: 8%
3 Years: 9%
TTM: 25%
Compounded Profit Growth
10 Years: 17%
5 Years: 65%
3 Years: 27%
TTM: 92%
Stock Price CAGR
10 Years: 28%
5 Years: 96%
3 Years: 91%
1 Year: 124%
Return on Equity
10 Years: 6%
5 Years: 7%
3 Years: 10%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 22 22 22 22 22 22 22 22 22 22 22 23
Reserves 260 266 267 283 277 295 284 292 322 359 352 539
111 119 144 183 231 203 253 247 285 242 270 314
129 142 150 201 123 170 155 216 235 159 195 224
Total Liabilities 521 548 582 688 653 689 714 777 863 782 840 1,099
145 168 168 209 202 207 233 219 206 217 244 264
CWIP 13 0 4 3 1 2 2 0 0 7 14 1
Investments 56 65 107 129 138 119 126 127 132 132 125 164
307 316 304 347 313 362 353 431 526 425 457 670
Total Assets 521 548 582 688 653 689 714 777 863 782 840 1,099

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
62 31 32 4 -33 27 12 41 -23 91 62 43
-27 -11 -20 -38 7 23 -32 15 7 37 -12 -28
-24 -14 -1 23 24 -48 19 -31 14 -104 -56 115
Net Cash Flow 11 6 12 -11 -2 2 -2 25 -3 24 -6 130

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 28 31 31 38 45 48 43 69 45 37 48 44
Inventory Days 108 119 87 115 126 118 135 102 189 91 133 116
Days Payable 70 80 74 107 74 92 83 125 152 85 141 111
Cash Conversion Cycle 66 70 43 46 96 75 95 46 82 43 40 48
Working Capital Days 58 64 44 49 96 74 76 74 101 58 67 67
ROCE % 9% 9% 9% 8% 6% 10% 7% 1% 10% 14% 10% 12%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
66.58% 66.58% 66.58% 66.58% 66.58% 66.58% 66.23% 66.19% 66.17% 62.91% 62.82% 62.81%
5.59% 5.33% 5.25% 5.17% 5.03% 5.30% 5.25% 5.45% 5.39% 4.57% 5.20% 7.39%
1.45% 1.29% 1.22% 1.24% 1.05% 0.50% 0.43% 0.49% 0.61% 9.31% 11.24% 11.56%
26.37% 26.79% 26.95% 27.01% 27.32% 27.61% 28.09% 27.87% 27.84% 23.20% 20.75% 18.24%
No. of Shareholders 13,50213,73613,61913,40013,83914,77617,07116,31419,28421,30123,73924,549

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls