Pearl Global Industries Limited — PPTs, 07-08-2025: Investor Presentation

Here is the financial summary:

**1. Financial Highlights:**

Pearl Global's Q1FY26 consolidated revenue hit Rs. 1,228 Cr (+16.6% YoY), marking its fifth consecutive quarter over Rs. 1,000 Cr. Adjusted EBITDA was Rs. 114 Cr (+13.4% YoY) with a 9.3% margin (~10.7% excluding certain costs). PAT after Minority Interest was Rs. 68 Cr. Standalone PAT surged 62.6% YoY to Rs. 26 Cr, boosted by ~Rs. 18 Cr subsidiary dividends.

**2. Strategic Initiatives & Growth Drivers:**

Growth largely stemmed from Vietnam and Indonesia via strong order books and resolved tariffs. Due to 50% US tariffs, India's US production is shifting to other hubs. India will now target UK FTA and existing FTA markets (Japan, Australia). Bangladesh capex continues.

**3. Business Developments:**

Recent US reciprocal tariffs (19-20%) on garment countries are creating positive momentum for Vietnam, Indonesia, Bangladesh, and Guatemala (net 10% baseline tariff).

**4. Market Position & Competitive Advantage:**

The company benefits from its diversified global presence and agility. Its robust non-US business (~50% of topline) shows steady growth, underscoring adaptability.

**5. Investor Implications:**

Strategic shifts in India's US business (16-18% of group revenue) aim to retain customer wallet share and maintain profitability, indicating positive growth potential. Management remains confident.