Prime Highlights
- Pearl Global Industries crossed Rs 5,000 crore in annual revenue for the first time in FY26.
- The company posted record quarterly revenue and profit growth in the fourth quarter.
Key Facts
- Pearl Global Industries is one of India’s largest listed garment exporters and manufactures for brands including Gap and Zara.
- The company shipped a record 78.1 million garment pieces during FY26.
Background
Pearl Global Industries said it had pretty strong audited financial outcomes for the year ended March 2026, and for the first time they crossed the Rs 5,000 crore revenue line. The garment exporter posted consolidated revenue of Rs 5,025 crore, reflecting an 11.5 per cent increase compared to the previous year, supported by higher shipment volumes and growth in high-value products.
The company’s adjusted EBITDA, excluding ESOP expenses, rose 14 per cent year-on-year to Rs 468 crore, while adjusted margins stood at 9.3 per cent. Profit after tax increased 17 per cent to Rs 270 crore during the financial year.
The fourth quarter delivered the company’s highest-ever quarterly performance. Revenue during the quarter rose 6.9 per cent year-on-year to Rs 1,314 crore. Adjusted EBITDA increased 13.7 per cent to Rs 135 crore, while quarterly profit after tax jumped 24.6 per cent to Rs 81 crore.
Pearl Global shipped a record 78.1 million garment pieces during FY26. The company also announced its highest-ever dividend payout of Rs 14.5 per share, representing nearly 25 per cent of group profit after tax.
The company strengthened its balance sheet during the year, with net worth increasing to Rs 1,438 crore and cash balances rising to Rs 634 crore. Its credit rating was also upgraded to ICRA A+ with a stable outlook.
Company leaders said Pearl Global’s diversified manufacturing network across multiple countries helped the business remain resilient despite global tariff pressures. In order to support potential future growth and expansion, the business intends to invest between Rs 200 and Rs 250 crore in FY27.