Pearl Global Industries Ltd
Pearl Global Industries Ltd. incorporated in 1987. [1] Pearl Global Industries Limited (PGIL) is a garment exporter, manufacturing from multiple sourcing regions within India and countries within South Asia. The product range includes knits, woven, and bottoms across men, women, and kids' wear segments. [2]
- Market Cap ₹ 5,299 Cr.
- Current Price ₹ 1,155
- High / Low ₹ 1,195 / 522
- Stock P/E 125
- Book Value ₹ 122
- Dividend Yield 0.76 %
- ROCE 9.54 %
- ROE 6.95 %
- Face Value ₹ 5.00
Pros
Cons
- Stock is trading at 9.48 times its book value
- Promoter holding has decreased over last quarter: -3.26%
- The company has delivered a poor sales growth of 2.56% over past five years.
- Tax rate seems low
- Company has a low return on equity of 9.09% over last 3 years.
- Earnings include an other income of Rs.67.6 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Readymade Garments/ Apparells Industry: Textiles - Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
558 | 663 | 624 | 768 | 858 | 711 | 840 | 825 | 771 | 934 | 1,104 | 954 | 1,041 | |
541 | 639 | 605 | 751 | 852 | 712 | 799 | 803 | 773 | 886 | 1,028 | 907 | 1,011 | |
Operating Profit | 17 | 24 | 19 | 17 | 6 | -2 | 41 | 22 | -2 | 48 | 76 | 46 | 30 |
OPM % | 3% | 4% | 3% | 2% | 1% | -0% | 5% | 3% | -0% | 5% | 7% | 5% | 3% |
16 | 20 | 27 | 32 | 45 | 47 | 29 | 35 | 37 | 35 | 39 | 41 | 68 | |
Interest | 19 | 21 | 21 | 20 | 23 | 26 | 26 | 28 | 26 | 29 | 34 | 32 | 28 |
Depreciation | 10 | 8 | 10 | 10 | 11 | 13 | 13 | 18 | 18 | 18 | 19 | 24 | 27 |
Profit before tax | 4 | 15 | 15 | 19 | 18 | 7 | 32 | 11 | -9 | 36 | 62 | 30 | 43 |
Tax % | 3% | 5% | 33% | 29% | 6% | 61% | 33% | 54% | -108% | 25% | 13% | 7% | |
4 | 15 | 10 | 13 | 17 | 3 | 22 | 5 | 1 | 27 | 54 | 28 | 43 | |
EPS in Rs | 0.90 | 3.40 | 2.36 | 3.08 | 3.93 | 0.61 | 4.97 | 1.16 | 0.18 | 6.27 | 12.43 | 6.48 | 9.70 |
Dividend Payout % | 56% | 29% | 48% | 49% | 38% | 163% | 30% | 0% | 0% | 40% | 30% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 3% |
3 Years: | 7% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 8% |
3 Years: | 61% |
TTM: | 43% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 68% |
3 Years: | 82% |
1 Year: | 86% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 9% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 23 |
Reserves | 343 | 260 | 266 | 267 | 283 | 277 | 295 | 284 | 292 | 322 | 359 | 352 | 536 |
115 | 111 | 119 | 144 | 183 | 231 | 203 | 253 | 247 | 285 | 242 | 270 | 296 | |
115 | 129 | 142 | 150 | 201 | 123 | 170 | 155 | 216 | 235 | 159 | 195 | 158 | |
Total Liabilities | 595 | 521 | 548 | 582 | 688 | 653 | 689 | 714 | 777 | 863 | 782 | 840 | 1,012 |
128 | 145 | 168 | 168 | 209 | 202 | 207 | 233 | 219 | 206 | 217 | 244 | 269 | |
CWIP | 2 | 13 | 0 | 4 | 3 | 1 | 2 | 2 | 0 | 0 | 7 | 14 | 1 |
Investments | 153 | 56 | 65 | 107 | 129 | 138 | 119 | 126 | 127 | 132 | 132 | 125 | 277 |
312 | 307 | 316 | 304 | 347 | 313 | 362 | 353 | 431 | 526 | 425 | 457 | 466 | |
Total Assets | 595 | 521 | 548 | 582 | 688 | 653 | 689 | 714 | 777 | 863 | 782 | 840 | 1,012 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 62 | 31 | 32 | 4 | -33 | 27 | 12 | 41 | -23 | 91 | 62 | |
-2 | -27 | -11 | -20 | -38 | 7 | 23 | -32 | 15 | 7 | 37 | -12 | |
-16 | -24 | -14 | -1 | 23 | 24 | -48 | 19 | -31 | 14 | -104 | -56 | |
Net Cash Flow | -10 | 11 | 6 | 12 | -11 | -2 | 2 | -2 | 25 | -3 | 24 | -6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 37 | 28 | 31 | 31 | 38 | 45 | 48 | 43 | 69 | 45 | 37 | 48 |
Inventory Days | 159 | 108 | 119 | 87 | 115 | 126 | 118 | 135 | 102 | 189 | 91 | 133 |
Days Payable | 92 | 70 | 80 | 74 | 107 | 74 | 92 | 83 | 125 | 152 | 85 | 141 |
Cash Conversion Cycle | 104 | 66 | 70 | 43 | 46 | 96 | 75 | 95 | 46 | 82 | 43 | 40 |
Working Capital Days | 89 | 58 | 64 | 44 | 49 | 96 | 74 | 76 | 74 | 101 | 58 | 67 |
ROCE % | 4% | 9% | 9% | 9% | 8% | 6% | 10% | 7% | 1% | 10% | 14% | 10% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 20 Nov
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
13 Nov - Audio recording of investor conference call uploaded.
- Closure of Trading Window 13 Nov
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Nov - Newspaper publication of un-audited financial result for the quarter and half year ended September 30, 2024
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Revised Record Date For Payment Of Interim Dividend
13 Nov - Revised record date for interim dividend payment.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2011
from nse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT
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May 2024TranscriptNotesPPT
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Mar 2024Transcript PPT
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Feb 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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Sep 2016TranscriptNotesPPT
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Aug 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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Jul 2015TranscriptNotesPPT
Product Portfolio
Woven & Knits Tops & Dresses: Strong Design Capabilities & Co-Creation with Brand with the Production Capacity of 41 Mn Units p.a. across countries, [1]
Denim & Woven Constructed: Capability to handle various kinds of washes, garment over-dye, wet/dry processes with a Production Capacity of 17 Mn units p.a. across countries. [2]
Outerwear: Value Add & Complex
Product Handling with a Production capacity of 6 Mn Units p.a. across countries. [3]
Sleep/Loungewear: It specializes across knits /woven having a production capacity of 5 Mn Units p.a. across countries. [4]
Men’s Wear: It specializes across knits /woven categories with a production capacity of 6 Mn Units p.a. across countries. [5]