PGIL NSE filing

Pearl Global Industries Reports Record H1 Revenue of ₹3,330 Cr; PAT Up 63.6%

The RealCase readHigh impact Positive

Pearl Global Industries reported record H1FY27 revenue of ₹3,330 crore, up 31.1% YoY, with PAT at ₹225 crore, up 63.6% YoY. Q2FY27 revenue was ₹1,802 crore, up 37.2% YoY, with PAT at ₹126 crore, up 74.7% YoY. The company declared an interim dividend of ₹5.0 per share and plans to invest ₹675-725 crore by FY30.

Why it matters

The announcement includes record financial results, significant year-on-year growth in key metrics (revenue, EBITDA, PAT), a new manufacturing facility, substantial future investment plans, and a dividend declaration, all of which are material to investors.

The market read

The company reported record revenues and profits for both the half-year and the quarter, accompanied by strong year-on-year growth and positive management commentary on future prospects and investments.

Pearl Global Industries Limited (PGIL) announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company achieved a record half-yearly revenue of ₹3,330 crore for H1FY27, a 31.1% year-on-year increase, driven by growth across all its locations. Adjusted EBITDA (excluding ESOP expense) stood at ₹348 crore, marking a 47.7% year-on-year rise, with an EBITDA margin of 10.5%, the highest ever for any H1. Profit After Tax (PAT) grew by 63.6% year-on-year to ₹225 crore.

For the second quarter of FY27 (Q2FY27), PGIL reported its highest-ever quarterly revenue of ₹1,802 crore, a 37.2% year-on-year increase. Adjusted EBITDA rose by 51.1% to ₹184 crore, with an EBITDA margin of 10.2%, the highest for any Q2. PAT for the quarter was ₹126 crore, up 74.7% year-on-year.

On a standalone basis for H1FY27, revenue grew by 22.1% year-on-year to ₹648 crore, with PAT at ₹29 crore. For Q2FY27 standalone, revenue increased by 16.8% to ₹308 crore, and PAT stood at ₹16 crore.

The company's net worth as of September 30, 2026, was ₹1,634 crore. Cash and bank balances, including mutual fund investments, totaled ₹638 crore. PGIL shipped 43.6 million pieces in H1FY27, up from 37.1 million pieces in H1FY26. An interim dividend of ₹5.0 per equity share has been declared.

Mr. Pulkit Seth, Vice-Chairman & Non-Executive Director, highlighted the record performance and the inauguration of a new manufacturing facility in Bangladesh, which will add approximately 7 million pieces of annual capacity. The company plans to invest ₹675-725 crore between FY27 and FY30 to strengthen supply chain integration and achieve an aspirational revenue target of ₹9,000-10,000 crore by FY30.

Mr. Pallab Banerjee, Managing Director, noted the strength of the execution-led growth strategy and the encouraging momentum across customer relationships. He also pointed to emerging opportunities from trade agreements, positioning PGIL to benefit from structural tailwinds.

Filing to action

What to do with a filing like this

Pearl Global Industries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Pearl Global Industries Limited. Read the original for the full detail.

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