Pearl Global Industries Shares Surge 14% After Record Q4 Results
Multibagger small-cap stock Pearl Global surges 14% to 3-month high after Q4 results
Mint
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Shares of Pearl Global Industries, a leading garment exporter in India, rose 14% to ₹1,740 following a strong Q4FY26 report showing record revenue of ₹1,314 crore. The company also announced a second interim dividend of ₹8.5 per share and plans to increase its stake in PT Pinnacle Apparels, Indonesia.
- 01Pearl Global reported its highest-ever quarterly revenue of ₹1,314 crore for Q4FY26, marking a 6.9% year-on-year increase.
- 02The company's net profit for the quarter rose 24.6% year-on-year to ₹81 crore.
- 03For FY26, Pearl Global achieved total revenue of ₹5,025 crore, an 11.5% increase from the previous year.
- 04The company declared a total dividend of ₹14.5 per share for FY26, representing 290% of the face value.
- 05Pulkit Seth, Vice-Chairman, highlighted the company's readiness for growth supported by favorable market conditions and expanded capacities.
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Pearl Global Industries, one of India's largest garment exporters, saw its shares surge 14% to ₹1,740 on May 15, reaching a three-month high after reporting impressive Q4FY26 results. The company achieved its highest-ever quarterly revenue of ₹1,314 crore, a 6.9% year-on-year increase, with an adjusted EBITDA of ₹135 crore and a margin of 10.3%. For the fiscal year 2026, Pearl Global crossed the ₹5,000 crore revenue milestone, reaching ₹5,025 crore, reflecting an 11.5% growth driven by strong demand for value-added products. The net profit for FY26 also rose 17% to ₹270 crore. Additionally, the company announced a second interim dividend of ₹8.5 per share, totaling ₹14.5 for the year, representing 290% of the face value. Pearl Global plans to acquire an additional 10% stake in PT Pinnacle Apparels, Indonesia, solidifying its international presence. Vice-Chairman Pulkit Seth expressed confidence in the company's growth trajectory, citing favorable market conditions and capacity expansions.
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The surge in Pearl Global's stock price reflects strong investor confidence, potentially benefiting shareholders and attracting new investors.
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