Pearl Global Industries Q1 FY27: Revenue ₹1,528 Cr

Key Q1 FY27 headline numbers

Pearl Global Industries reported a strong start to FY27, with consolidated revenue rising to ₹1,528 crore in Q1 FY27. The company said this represents about 24.53% year-on-year growth versus ₹1,227 crore in the corresponding quarter last year. Consolidated net profit for the quarter came in at ₹100 crore, up about 47.49% year-on-year from ₹67.8 crore. The same quarter comparison was also presented as revenue rising from ₹1,227 crore to ₹1,528 crore and profit expanding from ₹67.8 crore to ₹100 crore. The numbers position Q1 FY27 as a materially higher-profit quarter compared with the year-ago period. The update was framed as a “market snapshot” of the company’s quarterly performance.

Q1 FY27 versus Q1 FY26: what changed

The YoY improvement was visible in both revenue and profit, with profit growth outpacing the top line growth in percentage terms. Revenue rose by roughly ₹301 crore year-on-year based on the ₹1,227 crore to ₹1,528 crore comparison. Net profit increased by about ₹32.2 crore over the ₹67.8 crore base to reach ₹100 crore. The article also includes a separate set of Q1 FY26 “actual” figures used in an estimates table (revenue ₹1,239 crore and PAT ₹66 crore), indicating different reference numbers across sources within the same context. Readers tracking YoY should therefore note which base is being used when interpreting growth rates. What remains consistent in the update is that Q1 FY27 is shown as higher on both revenue and consolidated profitability.

FY26 performance provides the backdrop

For the full fiscal year ended March 31, 2026 (FY26), Pearl Global Industries reported annual revenue of ₹5,025 crore, up 11.5% year-on-year. The company’s FY26 profit after tax (PAT) was reported at ₹270 crore, up 17% year-on-year. Adjusted EBITDA for FY26 was stated at ₹468 crore, up 14%, with margins improving by 20 basis points to 9.3%. These FY26 numbers are used in the article to frame the company’s scale and trajectory leading into FY27. The mention of record annual revenue and improved margins sets a benchmark investors may use while reviewing quarterly prints.

Most recent reported quarter before Q1 FY27

Ahead of the Q1 FY27 print referenced in the article, the most recent reported quarter cited was Q4 FY26. That quarter’s consolidated revenue was stated at ₹1,314 crore (also mentioned as ₹1,324 crore in one line), and net profit was ₹81 crore. The article describes Q4 FY26 revenue as the highest quarterly figure to date, up 6.9% year-on-year. Q4 FY26 PAT was said to have risen 24.6% year-on-year to ₹81 crore, and EBITDA margin reached a record 10.3%. These Q4 FY26 figures were presented as the base for building Q1 FY27 estimates in the same write-up.

Margin guidance and longer-term growth aspiration

Pearl Global Industries stated that it targets a 10% to 12% EBITDA margin range starting FY27. It also highlighted a long-term aspiration of 12% to 14% CAGR growth at the group level. The margin target is notable in the context of the company having reported a 10.3% EBITDA margin in Q4 FY26. While the article does not lay out a quarter-by-quarter bridge for margins, it frames the FY27 margin band as a clear operating target. Investors typically watch such margin ranges as an indicator of operating discipline and the ability to sustain profitability as revenue scales. The growth aspiration provides a longer runway metric, though it is presented as an ambition rather than a near-term forecast.

Estimates table versus reported results: what the article shows

The article contains a “Q1 FY27 Estimates” table with a revenue range of ₹1,236-₹1,422 crore and PAT estimate of ₹72-₹92 crore. Those estimates were described as a “Uniresearch trailing-growth estimate” built on a Q1 FY26 base of ₹1,239 crore. Separately, the reported Q1 FY27 numbers in the same write-up state revenue of ₹1,528 crore and net profit of ₹100 crore. This places the reported outcome above the estimate ranges shown within the article’s own estimate section. The table also lists an indicative results window of July-August 2026 and a 12-month target price range.

Stock snapshot: valuation and price levels mentioned

The stock was stated to trade at a P/E of 27.7, with a market capitalisation of ₹7,716 crore. The current market price (CMP) cited was ₹2,016 per share. The article also provides a 12-month target range of ₹2,062-₹2,324 (labelled as a Uniresearch estimate). These metrics offer a quick valuation and expectation frame alongside the financial performance numbers. The write-up does not provide the day’s price move, but it does anchor the discussion around the valuation multiple and target band.

Summary table: reported performance and key context

Market impact: what the numbers change for investors

The Q1 FY27 revenue and profit growth rates presented in the article signal a stronger earnings base versus the year-ago quarter. With a P/E of 27.7 and market cap of ₹7,716 crore cited, the results provide fresh inputs for investors assessing whether the valuation reflects the company’s profit trajectory. The EBITDA margin target of 10% to 12% starting FY27, alongside the earlier 10.3% margin in Q4 FY26, is a key operating metric investors may track in subsequent quarters. The write-up also lists a 12-month target range of ₹2,062-₹2,324 against a CMP of ₹2,016, which frames how the estimates section positioned upside. However, the article itself also contains estimate ranges for Q1 FY27 that are lower than the reported Q1 FY27 numbers stated elsewhere, highlighting the importance of verifying the “actual” print used for decision-making.

What to watch next

The article flags an indicative results window of July-August 2026 in the estimates table, even as it also states Q1 FY27 reported numbers. Going forward, investors are likely to focus on whether the company sustains profitability improvements and tracks the stated 10% to 12% EBITDA margin range from FY27. Another monitorable reference point from the text is the FY26 revenue milestone of ₹5,025 crore and whether quarterly run-rates remain above the Q4 FY26 level of about ₹1,314 crore. Any further company communication around operating performance, margin delivery, and growth ambition will be key, especially given the explicit long-term aspiration of 12% to 14% CAGR at the group level.