Pearl Global Q1FY27: Record Revenue, Double-Digit EBITDA Margin

Consolidated revenue was INR 1,528 crore (+24.5 percent YoY), adjusted EBITDA was INR 164 crore (+44.1 percent YoY) with a 10.7 percent margin, and PAT was INR 99 crore (+51.4 percent YoY).

The company shipped 20.8 million pieces in Q1FY27 versus 17.2 million pieces in Q1FY26.

Management said Bangladesh capacity expansion and new sustainable laundry operations are scheduled for inauguration in September 2026 and are expected to add about 6 to 7 million pieces of annual capacity, taking total installed capacity to about 108 million pieces.

The CFO stated the company is outlining capex of approximately INR 200 to 250 crore for FY27 across geographies and will share detailed plans in coming months.

Standalone EBITDA margin declined to 6.6 percent (from 7.3 percent YoY), and management attributed it mainly to higher wage costs post wage revisions in Haryana and higher other expenses.

The board approved, subject to shareholder approval, a 1:1 bonus issue (one bonus equity share for every one existing equity share).