PDS share price today

PDS Ltd's share price was ₹402.10 at the close on 5 November 2026. It has been rising for 14 weeks. That is 16.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹261 and ₹402, and at that close it was at the high of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today PDS Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

Over the last 11 years the share price moved +1,017% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: profit grew again in the June 2026 quarter, foreign funds (FIIs) raised their stake for 3 quarters in a row and indian funds and insurers (DIIs) cut their stake for 3 quarters in a row.

1. Profit grew again in the June 2026 quarter

   Profit was ₹29 crore, +45% on a year earlier (₹20 crore), after 4 quarters of decline.

   Why: Profit rose because demand improved in the UK, Europe and US, helped by Germany support and more customers.

   Next results: check the New Lobster loss trend and any Board-approved plan.

   From the earnings call on 28 Sep 2026.

2. Foreign funds (FIIs) raised their stake for 3 quarters in a row

   From 3.2% to 4.1% of the company by the September 2026 quarter.

3. Indian funds and insurers (DIIs) cut their stake for 3 quarters in a row

   From 5.8% to 4.8% of the company by the September 2026 quarter.

For July to September 2026 (the quarter ended 30 September 2026), PDS reported revenue of ₹4,432 crore, up 29.6% from ₹3,419 crore a year earlier, and a profit of ₹70.0 crore, up 45.8% from ₹48.0 crore.

PDS results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 28 September 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

PDS closed at ₹402.10 on 5 November 2026, up 9.4% from ₹367.50 a year earlier (7 November 2025) and up 41.1% over five years. Its highest weekly close since March 2016 was ₹627.25 on 27 October 2023.

PDS share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 5 November 2026.

11 Nov 2026: Coming up: ex-date for an interim dividend of ₹2.20 a share. 5 Nov 2026: PDS closed at ₹402.10, up 21.6% on the week and up 19.7% on the month.

Earlier

• Results for July to September 2026: Revenue up 29.6% and profit up 45.8% on a year earlier.
• 28 Sep 2026: PDS held its results call for April to June 2026. Management guided: FY27 revenue growth at high single digits pending the next Board review; US profitability expected this year.
• 24 Jul 2026: ex-date for a dividend of ₹1.65 a share.

PDS paid ₹1.65 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.41% at the ₹402.10 close on 5 November 2026. The last was a dividend of ₹1.65 a share, ex-date 24 July 2026. Next: ₹2.20 a share, ex-date 11 November 2026.

PDS dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. PDS Ltd paid out 21% of its profit as dividends in FY26, and it paid a dividend in 6 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 28 September 2026, PDS' management guided: FY27 revenue growth at high single digits pending the next Board review; US profitability expected this year.

“This is an ROCE game. The SaaS business is an ROCE game. My capital employed here is zero. I am not employing or investing anything into this.”Sadique Sunsara, on the call for April to June 2026

What management guided

• Working capital maintained in low single digits.
• Absolute interest cost, employee cost and other expense held at FY26 run-rates despite scale.
• SaaS outlook: French supermarket US$250-260 million annually for five years plus a US$50 million US contract; long-range mix US$3 billion DLS/US$2 billion SaaS, at 4-5% DLS profit and approximately 1% SaaS profit before tax.
• 3-3-3 may need an additional year; 5-5-5 (US$5 billion GMV, 5% profit) may take 6-7 years; 3% profit margin next year described as achievable on a run-rate basis.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 28 September 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When PDS reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Order-book conversion versus the formal revenue framework - check whether the next Board review produces an upgrade.

PDS is not on any of our India lists this week.

PDS Ltd earned ₹70.0 Cr of net profit in the Sep 2026 quarter, +45.8% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹178 Cr. Over 10 years profit has grown 15.3% a year on average. That is 1.6% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹48.0 Cr.

For the full year, FY26 profit was ₹178 Cr (−26.1% on the year before).

Why profit moved: revenue changed +29.6% on a year earlier and the margin moved +0.5 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +17.3% and revenue +11.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

PDS Ltd reported ₹4,432 Cr of revenue in the Sep 2026 quarter, +29.6% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 11.9% a year on average. The last full year, FY26, came in at ₹13,110 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹14,567 Cr.

FY26 revenue was ₹13,110 Cr, +4.2% on the year before.

Recent pace: the last four quarters grew +11.4% on average, against 11.9% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +11.5%, against +11.5% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +10.6%, against −0.7% a year (accelerating).

PDS Ltd's operating margin was 3.5% in the Sep 2026 quarter, 0.5 percentage points higher than the same quarter a year ago. Across 13 years it has been between 0.0% and 4.5%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +0.4 percentage points on the year while gross margin changed +0.2 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 150% of PDS Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹781 Cr of operating cash against ₹178 Cr of profit. After ₹287 Cr of spending on assets, ₹494 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 150% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 2.1× depreciation over three years. The next section checks what that spending is building.

PDS Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 4 days in FY26, down from 5 days in FY21. It spent ₹701 Cr on assets over the last 3 years. Customers take 46 days to pay, and stock sits for 20 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹13,110 Cr, each day of that cycle ties up about ₹35.9 Cr, so roughly ₹144 Cr is tied up in the business at any time.

FY26: customers took 46 days to pay and stock sat for 20 days, about 0.7 months of sales sitting as stock, for a full cycle of 4 days, shorter than FY21's 5.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 20 days. Customers pay about 46 days after that. Suppliers are paid at 61 days. Together that makes the 4-day cycle.

Spending on assets: ₹701 Cr over the last 3 years, against ₹335 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

PDS Ltd's P/E is 43.8×, near the high end of its own history: higher than 81% of past readings. Its usual P/E (the middle reading) is 29.3×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.