Highlights

• Pearl Global Industries shares surged 9.28% during intraday trading on May 15, 2026.
• FY26 consolidated revenue crossed INR 5,025 crore with 11.5% yearly growth.
• Annual installed manufacturing capacity surpassed 100 million pieces during FY26.

Shares of Pearl Global Industries Limited (NSE:PGIL) traded sharply higher on May 15, 2026, after the company announced its audited financial results for the quarter and year ended March 31, 2026. The stock traded at INR 1,670.60 during intraday activity, up 9.28% from the previous close of INR 1,528.80 on the National Stock Exchange.

The stock opened at INR 1,568.00 and touched an intraday high of INR 1,740.00, while the session low remained at INR 1,568.00. Volume-weighted average price stood at INR 1,701.77.

Source: Trading View

FY26 Revenue Crosses INR 5,000 Crore Milestone

Pearl Global Industries reported consolidated FY26 revenue of INR 5,025 crore, marking growth of 11.5% year-on-year. The company stated that growth was supported by higher volumes and increased contribution from value-added products in overseas operations.

Adjusted EBITDA excluding ESOP expense stood at INR 468 crore, reflecting growth of nearly 14.0% year-on-year. EBITDA margin for FY26 stood at approximately 9.3%, improving by 20 basis points year-on-year.

The company stated that adjusted EBITDA margin excluding reciprocal tariff impact of approximately INR 36 crore and incremental losses in Bihar and Guatemala of approximately INR 13 crore stood at around 10.3%. Profit after tax for FY26 stood at INR 270 crore, up 17.0% year-on-year.

Source: Company Filing

Quarterly Performance Reflects Revenue and Margin Expansion

For Q4FY26, Pearl Global Industries reported revenue of INR 1,314 crore, its highest-ever quarterly revenue, reflecting 6.9% year-on-year growth. Adjusted EBITDA excluding ESOP expense stood at INR 135 crore, up 13.7% year-on-year, while EBITDA margin reached 10.3%, which the company stated was its highest quarterly EBITDA margin.

PAT for the quarter stood at INR 81 crore, up 24.6% year-on-year. The company shipped 22 million pieces during Q4FY26 and 78.1 million pieces during FY26. Installed annual capacity crossed approximately 101 million pieces during the financial year.

Balance Sheet and Dividend Details

Pearl Global Industries reported net worth of INR 1,438 crore as of March 31, 2026, compared with INR 1,146 crore a year earlier.

Cash and bank balance excluding earmarked LC-related cash stood at INR 634 crore, compared with INR 513 crore as of March 31, 2025. Working capital days stood at 43 days. The company declared a second interim dividend of INR 8.5 per equity share for FY26. Total dividend for FY26 stood at INR 14.5 per equity share.

Expansion and Operational Developments

The company announced plans for capital commitment of INR 200-250 crore during FY27 for capacity and capability expansion initiatives.

Pearl Global Industries also stated that its step-down subsidiary DSSP Global Limited, Hong Kong, will acquire an additional approximately 10% stake in PT Pinnacle Apparels, Indonesia for consideration of USD 1.4 million. Following the transaction, the subsidiary’s stake in PT Pinnacle Apparels will rise to 99.92%.

Key Risks

• Global tariff changes may affect export pricing and operating margins.
• Rising logistics and raw material costs may pressure profitability.
• Dependence on overseas demand could affect revenue visibility.
• Geopolitical disruptions may impact supply chain and sourcing operations.

Summary

Pearl Global Industries (NSE:PGIL) shares rose more than 9% on May 15, 2026, after the company reported record FY26 and quarterly revenue figures. The company crossed INR 5,000 crore in annual revenue and expanded installed manufacturing capacity beyond 100 million pieces annually. Higher shipments, margin expansion, dividend declaration, and ongoing expansion plans remained among the major operational highlights during the financial year.

FAQs

Q: Why did Pearl Global Industries shares rise on May 15, 2026?
A: PGIL shares gained after the company reported record FY26 revenue and quarterly profitability growth.

Q: What was Pearl Global Industries FY26 consolidated revenue?
A: The company reported consolidated FY26 revenue of INR 5,025 crore with 11.5% yearly growth.

Q: What dividend did Pearl Global Industries declare for FY26?
A: PGIL declared total FY26 dividend of INR 14.5 per equity share during the financial year.