Pearl Global crosses ₹5,000 cr revenue in FY26, profit hits record ₹270 cr
Apparel exporter Pearl Global posted FY26 revenue of ₹5,025 cr (+11.5%) and record net profit of ₹270 cr (+17%). Adj EBITDA rose 14% to ₹468 cr at 9.3% margin. Shipped 78.1M pieces with capacity now over 100M/annum. Plans ₹200-250 cr capex in FY27 despite ₹36 cr US tariff hit on India ops.
What happened
Pearl Global Industries · Apparel exporter Pearl Global crossed ₹5,000 cr revenue in FY26, up 11.5%, with record ₹270 cr profit and 10.3% Q4 EBITDA margin.
Key facts
- revenue ₹5,025 cr (+11.5% YoY)
- net profit ₹270 cr (+17%)
- adj EBITDA ₹468 cr (+14%)
- EBITDA margin 9.3%
- Q4 revenue ₹1,314 cr
- Q4 PAT ₹81 cr (+24.6%)
- 78.1M pieces shipped
- capacity >100M pcs/annum
- tariff impact ₹36 cr
- dividend ₹14.5/share
- FY27 capex ₹200-250 cr
Why this matters
Pearl Global crossing ₹5,000 cr revenue with 100M+ piece capacity positions it as a consolidator candidate in fragmented Indian apparel exports, with ₹200-250 cr FY27 capex suggesting appetite for inorganic capacity additions amid tariff-driven supply chain realignment.