Pearl Global Industries director resigns effective June 06, 2026

Pearl Global Industries Limited announced that Mr. Shailesh Kumar has resigned from the position of Whole-Time Director effective June 06, 2026. The resignation is to pursue other growth opportunities outside the company. This leadership change impacts the company's management structure as Kumar steps down from all associated roles.

The disclosure was made to the stock exchanges under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed there is no material reason for the resignation other than the stated intent to pursue external opportunities.

Resignation Details

The following table outlines the key particulars regarding the director's resignation:

Sr. No.	Particulars	Details
1.	Name	Mr. Shailesh Kumar
2.	Reason for change	To pursue other growth opportunity outside the Company.
3.	Date of cessation	With effect from the closure of business hours of June 06, 2026.

In his resignation letter, Kumar stated he was stepping down with immediate effect. He also confirmed his resignation from all other designations and positions held within Pearl Global Industries Limited or any of its units, effective from the close of business hours on June 06, 2026.

The company confirmed that the resignation letter and requisite details have been submitted to the exchanges. The information is also available on the company’s website.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.32%	-1.60%	+5.95%	+1.96%	+15.33%	+1,412.36%

Pearl Global Industries reported its audited financial results for the quarter and year ended March 31, 2026. The company achieved record consolidated revenue of INR 5,025 crore for FY26, representing an 11.5% year-on-year growth. Profit after tax (PAT) for the year stood at INR 270 crore, a strong increase of 17% compared to the previous year. The results were approved by the Board of Directors on May 14, 2026.

Consolidated Financial Performance

For the quarter ended March 31, 2026, consolidated revenue reached INR 1,314 crore, reflecting a 6.9% year-on-year growth. Adjusted EBITDA for the quarter was INR 135 crore, with a margin of 10.3%, the highest quarterly EBITDA margin recorded by the company. PAT for Q4 FY26 rose to INR 81 crore, growing 24.6% year-on-year. The following table summarises the consolidated financial highlights:

Particulars	Q4 FY26 (Audited)	Q4 FY25 (Audited)	FY26 (Audited)	FY25 (Audited)
Total Income from Operations (Rs. Lakhs):	1,32,376.10	1,23,435.89	5,06,173.12	4,53,984.19
Net Profit before Tax (after Exceptional items) (Rs. Lakhs):	9,504.77	7,778.94	30,930.38	26,733.29
Net Profit after Tax (Rs. Lakhs):	8,098.38	6,497.34	27,002.83	23,077.07
Total Comprehensive Income (Rs. Lakhs):	12,437.33	5,721.67	34,667.88	21,105.88
Basic EPS (Rs. 5/- each):	18.05	15.10	60.34	54.96

Standalone Financial Performance

On a standalone basis, the company reported a turnover of INR 1,081 crore for FY26. Adjusted EBITDA stood at INR 67 crore with a margin of 6.2%, an improvement of 60 basis points year-on-year driven by cost restructuring. PAT for the standalone entity was INR 69 crore compared to INR 55 crore in FY25. For Q4 FY26, standalone turnover was INR 304 crore, with a PAT of INR 14 crore.

Operational Highlights and Outlook

Pearl Global's installed capacity reached 101 million pieces per annum, crossing the 100 million milestone ahead of its earlier target. The company is targeting an established capacity of 125 million to 130 million pieces by FY28. Management highlighted that despite geopolitical uncertainties and tariff impacts, the diversified manufacturing base across India, Bangladesh, Vietnam, Indonesia, and Guatemala enabled sustained growth.

Dividend and Balance Sheet

In line with its dividend policy, the company declared a second interim dividend of INR 8.50 per share, taking the total dividend for FY26 to INR 14.50 per share, representing 290% of the face value. The net worth as of March 31, 2026, stood at INR 1,438 crore, while cash and bank balance (excluding cash earmarked for LC payments) was INR 634 crore. The credit rating was upgraded to A+ stable for the long term.