Integrated Filing — IndAS



General information about company

Scrip Code 532808
NSE Symbol PGIL
MSEI Symbol NOTLISTED
ISIN INE940H01022
Name of company Pearl Global Industries Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 05-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 29-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Geographical
Description of single segment
Start date and time of board meeting 05-08-2026   17:30:00
End date and time of board meeting 05-08-2026   19:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,52,826.11 1,52,826.11
Other income 1,071.34 1,071.34
Total income 1,53,897.45 1,53,897.45
2 Expenses
(a) Cost of materials consumed 68,732.62 68,732.62
(b) Purchases of stock-in-trade 19,218.57 19,218.57
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (13,890.12) (13,890.12)
(d) Employee benefit expense 27,146.38 27,146.38
(e) Finance costs 2,657.84 2,657.84
(f) Depreciation, depletion and amortisation expense 2,566.81 2,566.81
(f) Other Expenses
1 Other Expenditures 35,236.00 35,236.00
Total other expenses 35,236.00 35,236.00
Total expenses 1,41,668.10 1,41,668.10
3 Total profit before exceptional items and tax 12,229.35 12,229.35
4 Exceptional items (272.75) (272.75)
5 Total profit before tax 11,956.60 11,956.60
6 Tax expense
7 Current tax 1,859.95 1,859.95
8 Deferred tax 173.22 173.22
9 Total tax expenses 2,033.17 2,033.17
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 9,923.43 9,923.43
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 9,923.43 9,923.43
17 Other comprehensive income net of taxes 125.94 125.94
18 Total Comprehensive Income for the period 10,049.37 10,049.37
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 10,050.69 10,050.69
Total profit or loss, attributable to non-controlling interests (127.26) (127.26)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 10,175.56 10,175.56
Total comprehensive income for the period attributable to owners of parent non-controlling interests (126.19) (126.19)
21 Details of equity share capital
Paid-up equity share capital 2,309.21 2,309.21
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 21.77 21.77
Diluted earnings (loss) per share from continuing operations 21.71 21.71
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 21.77 21.77
Diluted earnings (loss) per share from continuing and discontinued operations 21.71 21.71
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to Financials Results for the quarter ended June 30, 2026: 1. The standalone and consolidated financial results of the company for the quarter ended June 30, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 5, 2026. The Statutory Auditors of the company have carried out a Limited review on these financial results. 2. The above financial results have been prepared in accordance with the recognition and measurement principles of accounting standards generally accepted in India, including the Indian Accounting Standards (Ind AS) prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 3. The figures of the quarter ended March 31, 2026 as reported in these financial results are the balancing figures between the audited figures in respect of the full financial year ended March 31, 2026 and the unaudited published year-to-date figures upto the third quarter of the respective financial year. The figures upto the end of third quarter of previous financial year has only been reviewed and not subjected to audit. 4. The standalone operations of the company falls primarily under manufacturing of garments which is considered to be the only reportable segment by the management. For consolidated operations, the Group has primarily four operating segments (Hongkong, Bangladesh, India and Vietnam), which have been determined and presented on geographical basis. 5. Other income of Rs. 1,203.73 lakh in respect of standalone financial results for the quarter ended June 30, 2026, includes Dividend of Rs. 477.88 lakh received from foreign subsidiary, Pearl Global (HK) Limited. 6. The Board of Directors in its meeting held on August 05, 2026 have approved, subject to shareholders' approval the issue of 1 (one) fully paid bonus equity share of face value of Rs.5/- for every 1 (one) fully paid equity share of face value of Rs.5/- each. 7. The Board of Directors of the Company at its meeting held on May 14, 2026 had declared second interim dividend of Rs. 8.50/- per equity share having face value of Rs. 5/- each for the financial year 2025-26 . Such Dividend has been paid during the quarter ended June 2026. 8. Exceptional items comprised Loss on sale of Property, Plant & Equipment & Property Tax, consequent to settlement or disposal of the matter with the Municipal Corporation amounting to Rs. 9.12 lakh (net) and Rs. 249.45 lakh respectively in respect of Standalone financial results for the quarter ended June 30, 2026. Exceptional items comprised Loss on sale of Property, Plant & Equipment & Property Tax, consequent to settlement or disposal of the matter with the Municipal Corporation amounting to Rs. 23.30 lakh (net) and Rs. 249.45 lakh respectively in respect of Consolidated financial results for the quarter ended June 30, 2026. 9. Employee benefit expenses is provided for Rs. 16.37 lakh in standalone financials and Rs. 27.17 lakh in consolidated financials against the stock options given to employees of the company/subsidiary company. During the quarter under review, 38100 shares were allotteed to the eligible employees of the group on exercise of stock options. Subsequent Event The Nomination and Remuneration Committee had granted 1,24,000 Stock Options to the eligible employees of the Company/ Subsidiaries on August 05, 2026. 10. During the quarter ended June 30, 2026, the Company through its Step-Down Subsidiary, DSSP Global Limited, Hong Kong, has acquired an additional 9.99% stake from the Minority Shareholder(s) in PT Pinnacle Apparels. Post this acquisition, the Company through its Step-Down Subsidiary, DSSP Global Limited, Hong Kong is now holding 99.92% stake in PT Pinnacle Apparels. 11. The unaudited results of the company for the quarter ended June 30, 2026 are also available on the Company's website (www.pearlglobal.com) and on the website of BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com)



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Hong Kong 1,12,041.88 1,12,041.88
2 India 34,343.92 34,343.92
3 Bangladesh 44,417.69 44,417.69
4 Vietnam 40,953.98 40,953.98
5 Others 22,809.68 22,809.68
Total Segment Revenue 2,54,567.15 2,54,567.15
Less: Inter segment revenue 1,01,741.04 1,01,741.04
Revenue from operations 1,52,826.11 1,52,826.11
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Hong Kong 2,525.66 2,525.66
2 India 1,667.27 1,667.27
3 Bangladesh 2,813.06 2,813.06
4 Vietnam 6,174.63 6,174.63
5 Others 1,433.82 1,433.82
Total Profit before tax 14,614.44 14,614.44
i. Finance cost 2,657.84 2,657.84
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 11,956.60 11,956.60
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Hong Kong 1,09,859.23 1,09,859.23
2 India 97,984.26 97,984.26
3 Bangladesh 1,01,497.32 1,01,497.32
4 Vietnam 55,207.00 55,207.00
5 Others 51,658.83 51,658.83
Total Segment Asset 4,16,206.64 4,16,206.64
Un-allocable Assets (67,013.67) (67,013.67)
Net Segment Asset 3,49,192.97 3,49,192.97
4 Segment Liabilities
Segment Liabilities
1 Hong Kong 46,468.57 46,468.57
2 India 33,233.59 33,233.59
3 Bangladesh 45,366.58 45,366.58
4 Vietnam 30,542.19 30,542.19
5 Others 26,345.25 26,345.25
Total Segment Liabilities 1,81,956.18 1,81,956.18
Un-allocable Liabilities 18,419.10 18,419.10
Net Segment Liabilities 2,00,375.28 2,00,375.28
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss (62.00) (62.00)
Total Amount of items that will not be reclassified to profit and loss (62.00)
2 Income tax relating to items that will not be reclassified to profit or loss (6.66) (6.66)
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit or loss 288.71 288.71
Total Amount of items that will be reclassified to profit and loss 288.71
4 Income tax relating to items that will be reclassified to profit or loss 107.43 107.43
5 Total Other comprehensive income 125.94 125.94