5328082026-07-012026-09-305328082026-09-305328082026-03-315328082026-04-012026-09-305328082026-07-012026-09-30in-capmkt:OtherExpenses1Member5328082026-04-012026-09-30in-capmkt:OtherExpenses1Member5328082026-09-30OtherNoncurrentFinancialAssetsDomain15328082026-09-30OtherNoncurrentFinancialAssetsDomain25328082026-09-30OtherNoncurrentAssetsDomain15328082026-09-30OtherCurrentFinancialAssetsDomain15328082026-09-30OtherCurrentAssetsDomain15328082026-09-30OtherNoncurrentFinancialLiabilitiesDomain15328082026-09-30OtherNoncurrentLiabilitiesDomain15328082026-09-30OtherCurrentFinancialLiabilitiesDomain15328082026-09-30OtherCurrentLiabilitiesDomain15328082026-07-012026-09-30in-capmkt:ReportableSegments1Member5328082026-07-012026-09-30in-capmkt:ReportableSegments2Member5328082026-07-012026-09-30in-capmkt:ReportableSegments3Member5328082026-07-012026-09-30in-capmkt:ReportableSegments4Member5328082026-07-012026-09-30in-capmkt:ReportableSegments5Member5328082026-07-012026-09-30in-capmkt:ReportableSegments6Member5328082026-04-012026-09-30in-capmkt:ReportableSegments1Member5328082026-04-012026-09-30in-capmkt:ReportableSegments2Member5328082026-04-012026-09-30in-capmkt:ReportableSegments3Member5328082026-04-012026-09-30in-capmkt:ReportableSegments4Member5328082026-04-012026-09-30in-capmkt:ReportableSegments5Member5328082026-04-012026-09-30in-capmkt:ReportableSegments6Member5328082026-07-012026-09-30in-capmkt:ReportableSegments1Member5328082026-07-012026-09-30in-capmkt:ReportableSegments2Member5328082026-07-012026-09-30in-capmkt:ReportableSegments3Member5328082026-07-012026-09-30in-capmkt:ReportableSegments4Member5328082026-07-012026-09-30in-capmkt:ReportableSegments5Member5328082026-07-012026-09-30in-capmkt:ReportableSegments6Member5328082026-04-012026-09-30in-capmkt:ReportableSegments1Member5328082026-04-012026-09-30in-capmkt:ReportableSegments2Member5328082026-04-012026-09-30in-capmkt:ReportableSegments3Member5328082026-04-012026-09-30in-capmkt:ReportableSegments4Member5328082026-04-012026-09-30in-capmkt:ReportableSegments5Member5328082026-04-012026-09-30in-capmkt:ReportableSegments6Member5328082026-07-012026-09-30in-capmkt:ReportableSegments1Member5328082026-09-30in-capmkt:ReportableSegments1Member5328082026-07-012026-09-30in-capmkt:ReportableSegments2Member5328082026-09-30in-capmkt:ReportableSegments2Member5328082026-07-012026-09-30in-capmkt:ReportableSegments3Member5328082026-09-30in-capmkt:ReportableSegments3Member5328082026-07-012026-09-30in-capmkt:ReportableSegments4Member5328082026-09-30in-capmkt:ReportableSegments4Member5328082026-07-012026-09-30in-capmkt:ReportableSegments5Member5328082026-09-30in-capmkt:ReportableSegments5Member5328082026-07-012026-09-30in-capmkt:ReportableSegments6Member5328082026-09-30in-capmkt:ReportableSegments6Member5328082026-07-012026-09-30in-capmkt:ReportableSegments1Member5328082026-09-30in-capmkt:ReportableSegments1Member5328082026-07-012026-09-30in-capmkt:ReportableSegments2Member5328082026-09-30in-capmkt:ReportableSegments2Member5328082026-07-012026-09-30in-capmkt:ReportableSegments3Member5328082026-09-30in-capmkt:ReportableSegments3Member5328082026-07-012026-09-30in-capmkt:ReportableSegments4Member5328082026-09-30in-capmkt:ReportableSegments4Member5328082026-07-012026-09-30in-capmkt:ReportableSegments5Member5328082026-09-30in-capmkt:ReportableSegments5Member5328082026-07-012026-09-30in-capmkt:ReportableSegments6Member5328082026-09-30in-capmkt:ReportableSegments6Member5328082026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15328082026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15328082026-07-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15328082026-04-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares532808PGILNOTLISTEDINE940H01022Pearl Global Industries LimitedMain BoardEquity2026-04-012027-03-312026-11-052026-10-29INRLakhsQuarterlySecond quarterGeographical2026-11-0517:30:002026-11-0519:05:00trueCash Flow IndirectNot applicable2026-07-012026-09-30UnauditedConsolidated18015338000984690001811380700083569150001461336000-48935200028199390002879390002629540004048032000167477630001366044000-183440001347700000112175000-2206000090115000012575850000000125758500019374500014513300001257801000-2160001454856000-3524000461905000513.6213.50013.6213.51 The Standalone and Consolidated financial results of the company for the quarter and half year ended September 30, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 5, 2026. The Statutory Auditors of the company have carried out a limited review on these financial results. <br /> 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. <br /> 3 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 five operating segments (Hong Kong, Bangladesh, India, Vietnam and UAE), which have been determined and presented on geographical basis. <br /> 4 Other income of Rs. 3,679.94 lakhs in respect of standalone financial results for the half year ended September 30, 2026, includes Dividend of Rs. 2,249.94 lakhs received from foreign subsidiary, Norp Knit Industries Limited and Pearl Global (HK) Limited. Out of these, dividend income of Rs. 477.88 lakhs was booked in quarter ended June 30, 2026 and Rs. 1772.06 lakhs in quarter ended September 30, 2026. <br /> 5 The Board of Directors of the company have declared first interim dividend of Rs. 5 per equity share of Rs. 5/- each for the financial year 2026-27. <br /> 6 Exceptional items comprised Loss on sale of Property, Plant & Equipment & Property Tax, consequent to settlement/disposal of the matter with the Municipal Corporation aggregating to Rs. 166.47 lakh (net) and Rs. 425.04 lakh respectively in respect of Standalone financial results for the quarter and half year ended September 30, 2026. <br /> Exceptional items comprised Loss on sale of Property, Plant & Equipment & Property Tax, consequent to settlement/disposal of the matter with the Municipal Corporation aggregating to Rs. 183.44 lakh (net) and Rs. 456.19 lakh respectively in respect of Consolidated financial results for the quarter and half year ended September 30, 2026. <br /> 7 During the quarter ended September 30, 2026, the Company has successfully completed the allotment of 1 Bonus Equity Shares of face value of Rs. 5/- each in the ratio of 1:1 (i.e., 1 (One) new equity share for every 1 (One) existing equity share held) to the eligible equity shareholders whose names appeared in the Register of Members / Beneficial Owners as on the Record Date, i.e., September 11, 2026. <br /> Taking into consideration the allotment of 6,425 equity shares of face value of Rs. 5/- each, pursuant to the exercise of stock options by eligible employees under the ESOP Scheme during the quarter ended September 30, 2026, as well as the allotment of 4,61,90,542 bonus equity shares of face value of Rs. 5/- each , the paid-up equity share capital of the company stands increased from Rs. 23,09,52,710 (comprising 4,61,90,542 Equity Shares of Rs. 5/- each) to Rs. 46,19,05,420 (comprising 9,23,81,084 Equity Shares of Rs. 5/- each). <br /> The Earnings Per Share (EPS) for the current and prior periods presented in the financial results have been retroactively adjusted in accordance with Ind AS 33 - Earnings Per Share. <br /> <br /> 8 The Nomination and Remuneration Committee (Committee) had granted 1,26,500 ESOPs to the eligible employees of the company during the quarter ended September 30, 2026. In accordance with the bonus issue, the ESOP entitlement has been proportionately adjusted, effectively multiplying the granted options from 1,26,500 to 2,53,000. <br /> Employee benefit expenses is provided for Rs. 188.68 Lakh in standalone financials and Rs. 279.24 Lakh in consolidated financials for stock options given to employees of the company/subsidiary company for half year ended September 30, 2026. <br /> Subsequent events <br /> 9 a. Vin Pearl Global Vietnam Limited, a Step-down subsidiary of Pearl Global Industries Limited (PGIL), has incorporated a Subsidiary with name Great Pearl Vietnam Global Limited in Vietnam w.e.f October 20, 2026. <br /> b. The company has allotted 1,09,300 Equity shares of face value of Rs. 5/- each pursuant to the exercise of stock options by eligible employees under the ESOP Scheme. <br /> c. Pearl Unlimited Inc., a step-down subsidiary of the company, has been voluntarily liquidated / dissolved with effect from October 16, 2026. Consequently, the said entity has ceased to be a step-down subsidiary of the Company with effect from the said date. <br /> 10 The unaudited results of the company for the quarter and half year ended September 30, 2026 are also available on the Companys website (www.pearlglobal.com) and on the website of BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com). <br /> 2026-04-012026-09-30UnauditedConsolidated3329794900020560300033503552000152301770003383193000-187836500055345770005537230005196360007571632000309145730002588979000-456190002543360000298170000-4738000293432000022499280000000224992800020633900024562670002262870000-129420002472412000-16143000461905000524.524.310024.524.31Other expenditure4048032000Other expenditure7571632000772276000022570580004601520002432920002442600023967000369047000018000027116000064038700020293000012485200011699824000105577250001035148000795455700054966070005534600004910700001357040001566654600019370220002816129300000398611170004619050001619760800016659513000-322137000163373760001639174000000238216800040213420007269460004602000475289000079448810002989050009346335000964524000027114500017861266000497412000125749000286424000187708510002352374100039861117000Other non-current financial assets232811000Non Current tax assets (net)38349000Other non-current assets124852000Other current financial assets135704000Other current assets1937022000Other non-current financial liabilities2382168000Other non-current liabilities4602000Other current financial liabilities271145000Other current liabilities497412000Hong Kong11361485000India3101269000Bangladesh4798184000Vietnam3546629000UAE5396048000Others1227716000Hong Kong22565674000India6535661000Bangladesh9239953000Vietnam7642027000UAE6791355000Others2488621000294313310005526329100011415993000219653420001801533800033297949000Hong Kong691282000India-8466000Bangladesh284693000Vietnam176500000UAE457631000Others33999000Hong Kong943849000India158261000Bangladesh565999000Vietnam793963000UAE556709000Others78302000163563900030970830002879390005537230000013477000002543360000Hong Kong10505374000India10116404000Bangladesh12592764000Vietnam6165264000UAE5916572000Others275445800048050836000-818971900039861117000Hong Kong4757837000India2998117000Bangladesh6032474000Vietnam3442624000UAE3443091000Others111929800021793441000173030000023523741000553258000-1732989000-39571800000-53741200010207000-9961400020224900002460688000085165000-3860005196360000-474500036548000-65445000573200028208100001078090002792400000-34393000-353670001399490000-225190300029145700000028835300045619000487230000133097000000000240600001726433000000606900000000000026925800000001067170000-1173599000-317767900000211410000000027163710000309548000414749000431767000001581448000-15475080000-154750800070441150005496607000Items that will not be reclassified to profit or loss-6237000-6237000Items that will not be reclassified to profit or loss-12437000-12437000-666000-1332000Items that will be reclassified to profit or loss201850000201850000Items that will be reclassified to profit or loss230721000230721000253400013277000193745000206339000