Editor’s Note
Pearl Global Industries reports strong H1FY26 results, with consolidated revenue surpassing ₹2,500 crore, driven by growth in key Asian markets. The company has also declared an interim dividend.
Pearl Global Industries, a leading garment exporter, has announced robust financial results for the second quarter and half year ended September 30, 2025, alongside declaring an interim dividend.
Consolidated Revenue: The company’s consolidated revenue for H1FY26 crossed the Rs 2,500 crore milestone, reaching Rs 2,541.00 crore, marking a 12.7% year-on-year growth. This was primarily driven by high value-added product sales in Vietnam and Indonesia.
Profitability: Adjusted EBITDA stood at Rs 236.00 crore, growing by 18.4% year-on-year, with margins improving by 45 basis points to 9.3%. Excluding the impact of reciprocal tariffs and losses from new facilities, the adjusted EBITDA margin was 10.6%.
Net Profit: The company reported a consolidated net profit of Rs 138.00 crore for H1FY26, representing a 17% increase compared to the same period last year.
Q2 Performance: For Q2FY26, revenue stood at Rs 1,313.00 crore, up 9.2% year-on-year, while net profit rose to Rs 72.00 crore, marking a 29.4% year-on-year increase.
The Board of Directors declared a first interim dividend of Rs 6.00 per equity share (120% on face value of Rs 5.00 each) for the financial year 2025-26. The record date for dividend entitlement is set as November 17, 2025, with payment to be made within 30 days to eligible shareholders.
The company shipped 19.9 million pieces in Q2FY26, its highest ever for a Q2 period, up from 19.3 million pieces in Q2FY25.
Pearl Global received dividends totaling approximately Rs 32.00 crore in H1FY26 from its subsidiaries in Bangladesh and Hong Kong.
The company upgraded to eFlow Nanobubble technology in Bangladesh, enabling up to 32% water savings, 9% reduction in power consumption, and a 20% improvement in time efficiency.
The company plans to invest in capacity expansion, sustainability, and efficiency improvements with a planned capex of Rs 250.00 crore. Expansion projects are underway in Bangladesh and India, aimed at enhancing production capacity and improving operational efficiency.
Pearl Global Industries aims to diversify its customer base across the US, UK, Japan, and Australia, while also exploring opportunities arising from potential new Free Trade Agreements.
