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Corporate Update

Pearl Global Hits Record Quarter

• By  Textile Excellence
• August 15, 2026

Pearl Global Industries has started FY27 with its strongest-ever quarterly performance, reporting revenue of ₹1,528 crore, up 24.5% year-on-year. Adjusted EBITDA rose 44.1% to ₹164 crore, with margins reaching a record 10.7%, up 140 basis points. PAT jumped 51.4% to ₹99 crore.

The growth was broad-based across the company’s manufacturing geographies, supported by a stronger product mix and operating leverage. Pearl Global also shipped a record 20.8 million pieces during Q1, compared with 17.2 million in Q1FY26.

The company operates across India, Bangladesh, Vietnam, Indonesia and Guatemala, positioning it to benefit as global brands diversify sourcing and seek multi-country manufacturing capabilities.

Pallab Banerjee, Managing Director, Pearl Global Industries, said: “Q1FY27 was a quarter of strong operational execution for Pearl Global, reflected in broad-based revenue growth across our manufacturing countries and improved profitability. We achieved Q1FY27 revenue of ₹1,528 crore, growing 24.5% year-on-year, with EBITDA margin at ~10.7%, up 140 basis points. This improvement was driven by growth in order book across our diversified product mix, manufacturing efficiencies and operating leverage.”

Despite geopolitical uncertainty, the company reported healthy business across its markets during the quarter. It is also strengthening customer relationships through design support, product development and supply-chain coordination.

Capacity expansion is underway in Bangladesh and laundry operations, with both projects scheduled for inauguration in September. Together, they are expected to add around 7 million pieces of annual capacity, taking Pearl Global’s total installed capacity to approximately 108 million pieces.

The company said its diversified manufacturing footprint and strong customer relationships position it to sustain momentum amid evolving global trade flows.

Pallab Banerjee, Managing Director, Pearl Global Industries, said: “Q1FY27 was a quarter of strong operational execution for Pearl Global, reflected in broad-based revenue growth across our manufacturing countries and improved profitability. We achieved Q1FY27 revenue of ₹1,528 crore, growing 24.5% year-on-year, with EBITDA margin at ~10.7%, up 140 basis points. This improvement was driven by growth in order book across our diversified product mix, manufacturing efficiencies and operating leverage.”