Pearl Global Industries Reports 12.7% Revenue Growth in H1FY26, Announces ₹250Cr Expansion Plan

Pearl Global Industries Limited (PGIL), one of India's largest listed garment exporters, has reported a robust performance for the first half of fiscal year 2026, with significant growth in revenue and strategic expansion plans.

Financial Highlights

PGIL's consolidated revenue for H1 FY26 reached ₹2,541.00 crores, marking a 12.7% increase year-on-year. The company reported an EBITDA of ₹122.00 crores with a 9.3% margin, demonstrating improved operational efficiency.

Metric (in crores)	H1 FY26	YoY Change
Revenue	2,541.00	12.70%
EBITDA	122.00	N/A
EBITDA Margin	9.30%	N/A

Expansion Plans

Pearl Global Industries is implementing a ₹250.00 crore capital expenditure plan to expand its capacity in India and Bangladesh. This strategic investment aims to strengthen the company's manufacturing capabilities and support future growth.

Market Diversification

The company has successfully diversified its export base across multiple markets, including the US, UK, Japan, and Australia. This strategic move has reduced PGIL's dependence on the US market to 50%, mitigating risks associated with over-reliance on a single market.

Operational Performance

PGIL's manufacturing hubs in Vietnam and Indonesia are showing strong growth performance, contributing to the company's overall positive results. The company is focusing on automation, sustainability, and multi-hub manufacturing as part of its strategy for long-term margin expansion.

Future Outlook

Pearl Global Industries' strategic initiatives, including market diversification, capacity expansion, and focus on automation and sustainability, position it well for continued growth. The company's multi-hub manufacturing approach and investments in key markets like India and Bangladesh are expected to support its long-term objectives of margin expansion and sustained growth.

As Pearl Global Industries continues to execute its growth strategy and adapt to changing market dynamics, investors and industry observers will be closely monitoring the company's performance in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.02%	+1.98%	+26.69%	+33.08%	+45.37%	+1,946.21%

Pearl Global Industries Limited (PGIL) has announced a significant development in its Employee Stock Option Plan (ESOP) 2022. On November 6, 2025, the company allotted 62,150 equity shares to eligible employees, marking an important milestone in its employee incentive program.

Key Details of the Allotment

Particulars	Details
Face Value per Share	Rs. 5.00
Number of Shares Allotted	62,150
Allotment Date	November 6, 2025
Distinctive Numbers	4,59,78,718 to 4,60,40,867
ISIN	INE940H01022
Total Issued Shares After Allotment	4,60,40,867
Total Issued Share Capital After Allotment	Rs. 23,02,04,335.00

Premium Structure

The shares were issued at varying premiums, reflecting different exercise prices:

Exercise Price	Premium per Share
Rs. 150.00	Rs. 145.00
Rs. 375.00	Rs. 370.00
Rs. 675.00	Rs. 670.00
Rs. 720.00	Rs. 715.00

Additional Information

The allotment was made to eligible employees of PGIL and its subsidiaries who had exercised their vested stock options under the ESOP 2022 plan.
The newly issued shares are identical to existing shares in all respects and carry no lock-in period.
The allotment was approved by the company's Nomination and Remuneration Committee.

This equity share allotment under the ESOP 2022 plan demonstrates Pearl Global Industries' commitment to aligning employee interests with those of the company and its shareholders. By offering shares at different premium levels, the company provides a range of incentives that may cater to various employee grades or performance metrics.

The absence of a lock-in period on these shares suggests that the company is confident in its employees' long-term commitment and allows them immediate flexibility with their newly acquired equity.