{"id":29494,"date":"2026-05-15T08:15:01","date_gmt":"2026-05-15T08:15:01","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2026\/05\/15\/indias-pearl-globals-fy26-revenue-crosses-521-mn-milestone\/"},"modified":"2026-05-15T08:15:01","modified_gmt":"2026-05-15T08:15:01","slug":"indias-pearl-globals-fy26-revenue-crosses-521-mn-milestone","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2026\/05\/15\/indias-pearl-globals-fy26-revenue-crosses-521-mn-milestone\/","title":{"rendered":"India&#8217;s Pearl Global&#8217;s FY26 revenue crosses $521 mn milestone"},"content":{"rendered":"<p><br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/static.fibre2fashion.com\/Newsresource\/images\/310\/shutterstock-2743792779_321920.jpg\" \/><\/p>\n<div id=\"\">Indian garment exporter Pearl Global Industries Limited (PGIL) has reported its highest-ever annual revenue of \u20b95,025 crore (~$523.93 million) for fiscal 2026 (FY26) ended March 31, up 11.5 per cent year-on-year (YoY), driven by volume growth and higher value-added products in its overseas business.<\/p>\n<p>The company\u2019s adjusted EBITDA, excluding Employee Stock Option Plan (ESOP) expenses, rose around 14 per cent YoY to \u20b9468 crore, while EBITDA margin improved by 20 basis points to around 9.3 per cent. Excluding the reciprocal tariff impact of around \u20b936 crore and incremental losses of around \u20b913 crore in Bihar and Guatemala, adjusted EBITDA margin stood at around 10.3 per cent.<\/p>\n<p><strong><em>Pallab Banerjee, managing director, Pearl Global Industries,<\/em><\/strong> said: \u201cFY26 marked the company\u2019s second consecutive year of double-digit growth and improved profitability. This performance further solidifies the position of Pearl Global\u2019s diversified operating model and disciplined execution across geographies.\u201d<\/p>\n<p>Pearl Global Industries has reported its highest-ever FY26 revenue of \u20b95,025 crore (~$523.93 million), up 11.5 per cent YoY, driven by volume growth and value-added products. &#13;<br \/>\nPAT rose 17 per cent to \u20b9270 crore (~$28.15 million), while Q4 revenue hit \u20b91,314 crore (~$137 million). &#13;<br \/>\nThe company shipped 78.1 million pieces. &#13;<br \/>\nIts net worth stands at \u20b91,438 crore (~$149.93 million). <\/p>\n<p>He said that geopolitical shifts and Gulf conflicts could lead to energy cost escalation, affecting raw material and logistics costs. However, the company remains prepared to manage these headwinds, supported by its diversified manufacturing base, strong order book, and broad market presence.<\/p>\n<p>The profit after tax (PAT) increased 17 per cent YoY to \u20b9270 crore (~$28.15 million), the company said in a press release.<\/p>\n<p>On a standalone basis, FY26 revenue stood at \u20b91,081 crore, while adjusted EBITDA was \u20b967 crore, with EBITDA margin improving by 60 basis points to 6.2 per cent, mainly due to cost restructuring. Standalone PAT rose to \u20b969 crore from \u20b955 crore in the previous year.<\/p>\n<p>The company\u2019s net worth stood at \u20b91,438 crore (~$149.93 million) as of March 31, 2026, compared with \u20b91,146 crore a year earlier.<\/p>\n<p>\u201cIn FY26, Group delivered another year of resilient performance against a complex geopolitical backdrop. Group achieved, among others, two major milestones this year: revenue crossed INR 5,000 crore mark and installed capacity surpassed 100 million pieces per annum,\u201d said <strong><em>Pulkit Seth, vice-chairman and non-executive director, PGIL.<\/em><\/strong><\/p>\n<p>Seth added that the global apparel industry faced tariff-related disruptions during FY26, with the company\u2019s India operations impacted by tariffs and penal duties imposed by the US. However, he added that Pearl Global leveraged its diversified, multi-country manufacturing presence to mitigate these challenges and deliver double-digit growth.<\/p>\n<p>For the fourth quarter (Q4) of FY26, PGIL posted its highest-ever quarterly revenue of \u20b91,314 crore (~$137 million), up 6.9 per cent YoY. Adjusted EBITDA rose 13.7 per cent to \u20b9135 crore, with margin at 10.3 per cent, the highest EBITDA margin recorded by the company in any quarter. PAT for the quarter stood at \u20b981 crore, up 24.6 per cent YoY, PGIL said in a press release.<\/p>\n<p>Standalone revenue during the quarter stood at \u20b9304 crore, adjusted EBITDA at \u20b924 crore, and PAT at \u20b914 crore.<\/p>\n<p>PGIL shipped its highest-ever volumes in Q4 FY26 and FY26, at 22 million pieces and 78.1 million pieces respectively. Its annual installed capacity crossed 100 million pieces, reaching around 101 million pieces.<\/p>\n<p>The ongoing capex in Bangladesh is expected to be completed by the first half of FY27 and will add around 6-7 million pieces of capacity during the year.<\/p>\n<p>&#13;<\/p>\n<p class=\"text-right f2fdesk\">Fibre2Fashion News Desk (SG)  <\/p>\n<p>&#13;\n    <\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fibre2fashion.com\/news\/apparel-news\/india-s-pearl-global-s-fy26-revenue-crosses-521-mn-milestone-310332-newsdetails.htm\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian garment exporter Pearl Global Industries Limited (PGIL) has reported its highest-ever annual revenue of \u20b95,025 crore (~$523.93 million) for fiscal 2026 (FY26) ended March 31, up 11.5 per cent year-on-year (YoY), driven by volume growth and higher value-added products in its overseas business. The company\u2019s adjusted EBITDA, excluding Employee Stock Option Plan (ESOP) expenses,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":29495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-29494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fashion"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/29494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=29494"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/29494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/29495"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=29494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=29494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=29494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}