Pearl Global Industries Ltd Share Price ₹1,631

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Pearl Global Industries Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	730	894	961	704	877	1,053	1,202	1,023	1,229	1,228	1,313	1,170	1,314
Expenses +	667	811	883	639	796	954	1,105	931	1,112	1,116	1,192	1,074	1,179
Operating Profit	63	83	77	65	81	98	97	91	117	112	121	96	134
OPM %	9%	9%	8%	9%	9%	9%	8%	9%	10%	9%	9%	8%	10%
Other Income +	23	7	7	3	14	15	9	6	8	11	8	7	10
Interest	16	20	24	17	22	23	25	24	27	27	27	22	26
Depreciation	14	14	16	16	19	17	18	19	21	20	22	22	23
Profit before tax	56	58	46	35	54	73	63	54	78	76	79	59	95
Tax %	5%	18%	14%	2%	10%	15%	11%	10%	16%	14%	9%	12%	15%
Net Profit +	53	47	39	34	49	62	56	48	65	66	72	52	81
EPS in Rs	11.99	11.10	9.16	8.20	11.78	14.99	12.75	12.25	14.86	14.76	15.95	11.56	18.04

Financials of Pearl Global Industries Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	1,024	1,393	1,538	1,496	1,758	1,685	1,491	2,714	3,158	3,436	4,506	5,025
Expenses +	974	1,333	1,465	1,450	1,657	1,603	1,424	2,555	2,883	3,111	4,089	4,561
Operating Profit	50	61	73	46	100	82	67	159	275	325	417	464
OPM %	5%	4%	5%	3%	6%	5%	4%	6%	9%	9%	9%	9%
Other Income +	24	24	30	47	51	44	36	37	34	31	38	36
Interest	23	21	35	38	43	53	47	61	82	100	112	103
Depreciation	16	17	19	23	26	42	44	48	51	64	75	87
Profit before tax	34	47	49	32	83	31	11	86	176	192	267	309
Tax %	29%	23%	15%	29%	19%	30%	-54%	18%	13%	12%	14%	13%
Net Profit +	24	37	42	23	67	22	17	70	153	169	231	270
EPS in Rs	5.79	8.47	9.38	5.56	15.54	4.98	3.99	15.74	34.47	40.11	54.06	60.17
Dividend Payout %	19%	18%	16%	18%	10%	0%	0%	16%	11%	44%	21%	14%

Financials of Pearl Global Industries Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	22	22	22	22	22	22	22	22	22	22	23	23
Reserves	296	323	359	373	448	479	496	577	701	780	1,133	1,437
Borrowings +	167	217	253	315	333	463	440	645	558	588	773	943
Other Liabilities +	250	264	282	226	298	288	339	538	501	595	667	842
Total Liabilities	734	825	916	937	1,100	1,252	1,296	1,781	1,781	1,986	2,595	3,245
Fixed Assets +	213	210	256	274	338	422	390	448	500	612	727	821
CWIP	3	11	16	8	8	36	47	15	33	35	44	110
Investments	11	19	13	37	33	38	55	55	60	30	24	36
Other Assets +	507	585	630	617	722	756	804	1,263	1,188	1,309	1,800	2,278
Total Assets	734	825	916	937	1,100	1,252	1,296	1,781	1,781	1,986	2,595	3,245

Financials of Pearl Global Industries Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	32	25	15	33	75	64	95	-92	365	352	176	398
Cash from Investing Activity +	-55	-22	-49	-58	-59	-85	-26	-40	-26	-128	-104	-158
Cash from Financing Activity +	2	24	11	31	-14	15	-62	153	-200	-152	101	-46
Net Cash Flow	-20	27	-23	6	2	-6	7	22	139	72	174	194
Free Cash Flow	2	5	-49	8	4	-32	64	-142	325	229	81	208
CFO/OP	78%	51%	28%	81%	102%	97%	147%	-53%	141%	115%	50%	94%

Financials of Pearl Global Industries Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	43	50	38	35	46	48	59	49	24	28	26	30
Inventory Days	119	80	93	93	99	119	133	131	115	108	108	122
Days Payable	113	82	51	48	76	82	117	106	88	105	86	97
Cash Conversion Cycle	49	48	80	79	69	85	76	74	52	32	49	55
Working Capital Days	5	6	5	5	16	17	29	25	5	3	6	6
ROCE %	6%	12%	13%	10%	14%	10%	5%	12%	19%	21%	22%	19%