Pearl Global Industries Limited (PGIL) reported its highest-ever annual revenue of ₹5,025 crore for FY26, a growth of 11.5 per cent year-on-year, the company announced on May 15, 2026. Net profit for the full year rose 17 per cent to ₹270 crore, while adjusted EBITDA grew 14 per cent to ₹468 crore, with margins improving 20 basis points to 9.3 per cent.
For the fourth quarter ended March 31, 2026, consolidated revenue stood at ₹1,314 crore — the highest ever in a single quarter — up 6.9 per cent year-on-year. Quarterly PAT jumped 24.6 per cent to ₹81 crore, and EBITDA margin hit 10.3 per cent, which the company described as the highest in any quarter to date.
The results came despite headwinds from US reciprocal tariff measures, which the company said impacted its India operations. Excluding the ₹36 crore tariff impact and incremental losses from its Bihar and Guatemala facilities, the company’s adjusted EBITDA margin for FY26 would have been 10.3 per cent.
Installed manufacturing capacity crossed 100 million pieces per annum during the year, with 78.1 million pieces shipped in FY26 compared to 74.3 million in FY25. The company operates 25 manufacturing units across India, Bangladesh, Vietnam, Indonesia, and Guatemala.
On the balance sheet, net worth rose to ₹1,438 crore from ₹1,146 crore a year earlier, and cash and bank balances improved to ₹634 crore from ₹513 crore.
The board declared a total dividend of ₹14.5 per share for FY26 — the highest-ever payout ratio of approximately 25 per cent of group PAT. The company also announced plans to invest ₹200–250 crore in capital expenditure during FY27 to further expand capacity.
Published on May 15, 2026