Pearl Global Posts 14% Gain, Reaches 3-Month High Following Q4 Earnings Release

Pearl Global Industries Surges to Three-Month High on Strong Q4 Performance

Shares of Pearl Global Industries, a leading garment exporter, rose 14% in trading on May 15, reaching a three-month high of ₹1,740 per share. The surge was driven by the company's impressive March quarter performance, which saw its highest-ever quarterly revenue of ₹1,314 crore.

This represents a 6.9% year-on-year growth, exceeding market expectations. Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) stood at ₹135 crore, up 13.7% YoY, while EBITDA margin came in at 10.3%, a new high for the company. Excluding the impact of reciprocal tariffs and incremental losses, the adjusted EBITDA margin stood at a remarkable 10.9%.

On the bottom line, the company's net profit rose 24.6% YoY to ₹81 crore, marking another strong quarter. For the fiscal year 2026 (FY26), Pearl Global Industries crossed the ₹5,000 crore revenue milestone for the first time, achieving a revenue of ₹5,025 crore, reflecting an 11.5% growth.

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The company also declared a second interim dividend of ₹8.5 per equity share for FY26, representing 170% of the face value. With this, the total dividend for FY26 stands at ₹14.5 per equity share, or 290% of the face value.

In a separate development, Pearl Global Industries announced plans to acquire an additional nearly 10% stake in PT Pinnacle Apparels, Indonesia, from minority shareholders for a consideration of $1.4 million through its step-down subsidiary, DSSP Global Limited, Hong Kong.

With this acquisition, the company will hold a 99.92% stake in PT Pinnacle Apparels, Indonesia, according to its earnings filing. Commenting on the results, Pulkit Seth, Vice-Chairman and Non-Executive Director, stated that the company is well-positioned to sustain its momentum, supported by expanded and existing capacities, a strong customer base, and a global footprint.

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The company's shares have maintained a strong upward trajectory in recent years, delivering massive returns to shareholders and emerging as one of the biggest wealth creators in the Indian stock market. The stock began its one-way bull run in February and maintained the momentum until November 2025, rallying nearly 793% during the period and hitting a fresh all-time high of ₹1,993. In terms of annual performance, the stock has delivered positive returns in each of the last seven years, including two multibagger years.