Pearl Global Industries Ltd
PGILPearl Global Industries Ltd's price has outrun its earnings. +48.1% in a year against EPS +11.3% — the market is paying now for delivery later.
The sharpest disagreement: the price moved +48.1% in a year while annual EPS moved +11.3% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a confirmed uptrend (169 weeks in) while the P/E sits at the 98th percentile of its own 11-year range. Underneath, the last four quarters read improving — profit +24.6% year on year, and 138% of the last 3 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Pearl Global Industries Ltd trades at ₹2,065, in a confirmed uptrend and 169 weeks into that stage. That is +25.5% against its own 200-day average. It sits at 97% of a 52-week range of ₹1,248 to ₹2,088. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 18 straight weeks.
Today the stock is in a confirmed uptrend — week 169 of stage 2, confirmed. At ₹2,065 it trades +25.5% versus its 200-day average and sits at 97% of its 52-week range (₹1,248–₹2,088).
Against the market, two honest reads. Cumulative: over the last 10.4 years the stock moved +1,746% while the NIFTY 500 moved +276% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 18 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Pearl Global Industries Ltd trades at 34.7× P/E, about the priciest it has ever traded. Its long-run median P/E is 13.4×, measured across 10.5 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 34.7× is about the priciest it has ever traded, against a long-run median of 13.4× measured over 10.5 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year annual EPS moved +11.3% against a +48.1% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +62.3%/yr price move, ~+111.1%/yr came from earnings growth and ~−48.8 pp from the multiple (compressing); over 10y, of the +33.9%/yr price move, ~+20.5%/yr came from earnings growth and ~+13.4 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
The PEG ratio and its quarterly curve, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 16% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Pearl Global Industries Ltd reads as mixed on its fundamental arc. Mixed — no clean majority across the growth curves, ROCE holding at 20.0% — the per-curve reads carry the story. The read is built from 10 quarters across 3 curves, on partial evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +11.5% | +16.7% | +27.5% | +13.7% |
| Profit | +16.9% | +20.8% | +73.9% | +22.0% |
| EPS | +11.3% | +20.4% | +72.1% | +21.7% |
| Share price | +48.1% | +87.8% | +62.3% | +33.9% |
4-Factor Sector Score
58.7/100 — rank 6 of 26 in Textiles - Readymade Apparel · 78% evidence confidence
Pearl Global Industries Ltd scores 58.7 out of 100 against the 26 companies it is compared with in Textiles - Readymade Apparel, ranking 6. Price leads the evidence: RS versus the benchmark is 29.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
The four contributions add to the total exactly: 16 + 16.9 + 7.2 + 18.6 = 58.7. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Pearl Global Industries Ltd reported ₹1,314 Cr of revenue in the Mar 26 quarter, +6.9% year on year. That is the 9th straight quarter of year-on-year growth. Over 10 years it has compounded at 13.7% a year. The last full year, FY26, came in at ₹5,025 Cr. The last four reported quarters add to ₹5,025 Cr.
FY26 revenue came in at ₹5,025 Cr (+11.5% on the year), capping 10 years at 13.7% compound. The latest quarter (Mar 26) printed ₹1,314 Cr, +6.9% year on year — the 9th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +11.8% growth against the decade's 13.7% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +11.5% over the last 4 quarters against +20.9%/yr over the last 8 — rolling over; TTM profit +17.3% vs +26.6%/yr — rolling over.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Pearl Global Industries Ltd's operating margin is 10.0% in the Mar 26 quarter, +0.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 13 fiscal years the operating margin has ranged 1.0% to 10.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 10.0%, +0.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 1.0%–10.0%, and FY26's 10.0% is the top of that band — a record year.
Why the margin moved: operating margin went +0.7 pp year on year while gross margin went +1.6 pp — the gain came mostly from the gross line: input costs and pricing.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Pearl Global Industries Ltd earned ₹81.0 Cr of net profit in the Mar 26 quarter, +24.6% year on year. It is the 8th consecutive quarter of growth. Full-year FY26 profit was ₹270 Cr. The 10-year compound rate is 22.0%. That is 6.2% of the quarter's revenue. The same quarter a year earlier earned ₹65.0 Cr.
Mar 26 profit was ₹81.0 Cr, +24.6% year on year — the 8th consecutive quarter of growth. On the full year, FY26 printed ₹270 Cr (+16.9%), and the 10-year compound rate is 22.0%.
Why profit moved: revenue contributed +6.9% and the margin +0.0 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +17.0% vs revenue +11.8%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 138% of Pearl Global Industries Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹398 Cr of operating cash against ₹270 Cr of profit. After ₹247 Cr of capital spending, ₹151 Cr was left as free cash.
FY26: operating cash of ₹398 Cr against reported profit of ₹270 Cr, leaving free cash of ₹151 Cr after ₹247 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 138% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 138%: the cash cycle tightened 21 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner.
Router verdict: the bigger cash user is investment — capital spending ran 2.8× depreciation over three years, so the next section's job is to check what that build-out is buying.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Pearl Global Industries Ltd's cash conversion cycle runs 55 days in FY26, down from 76 days in FY21. Capital spending ran ₹624 Cr over the last 3 years. At FY26 sales of ₹5,025 Cr each day of that cycle holds about ₹13.8 Cr, so roughly ₹757 Cr sits inside the business at any moment.
FY26: debtors at 30 days, inventory at 122 days — roughly 4.0 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 55 days, tighter than FY21's 76.
The full loop: cash goes out to suppliers and production on day 0; stock waits 122 days to sell; customers pay about 30 days after that; and suppliers themselves are paid at 97 days — netting out to the 55-day cycle.
In money terms: at FY26 sales of ₹5,025 Cr, each day of the cycle holds about ₹13.8 Cr — so the 55-day loop keeps roughly ₹757 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹624 Cr over the last 3 fiscal years against ₹226 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹113 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Pearl Global Industries Ltd earns a ROCE of 20% in FY26. That is up from a trough of 5% in FY21. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 5.4% net margin on 1.55× asset turns.
FY26 ROCE is 20%, recovered from a FY21 trough of 5% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 5.4% net margin × 1.55× asset turns × 2.22× balance-sheet leverage ≈ 18.6% on equity. Margin does its share; leverage is a meaningful part of the equation.
The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 16% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Pearl Global Industries Ltd carries ₹943 Cr of borrowings against ₹1,460 Cr of equity in FY26, a debt-to-equity of 0.65. Operating profit covers the interest bill 4×. Over 5 years borrowings went from ₹440 Cr to ₹943 Cr. Capital spending ran ₹624 Cr across the last 3 of those years.
FY26: borrowings of ₹943 Cr against equity of ₹1,460 Cr — a debt-to-equity of 0.65. Operating profit covers the interest bill 4×. Over 5 years borrowings went from ₹440 Cr to ₹943 Cr while capital spending ran ₹624 Cr in just the last 3 — part of the build-out is riding on borrowed money.
The total-debt and debt-to-equity series, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 16% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Domestic institutions added 18.6 points of Pearl Global Industries Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 19.2% of the company. Promoters moved −5.1 points over the same window, to 61.1%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: +18.6 points over 8 quarters to 19.2%; Promoters: −5.1 points over 8 quarters to 61.1%; Foreign institutions: +1.4 points over 8 quarters to 6.8%.
Why the register moved: domestic institutions drove it (+18.6 points), absorbed on the other side by promoters (−5.1 points) — steady accumulation by institutions reading the same numbers this page reads.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Pearl Global Industries Ltd: the Z-score is withheld — it comes from the second data source this page could not reconcile, and a solvency score is not worth printing on a number two sources dispute. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.
The safety line in one sentence: the Z-score is withheld — it comes from the second data source this page could not reconcile, and a solvency score is not worth printing on a number two sources dispute.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Cantabil Retail India LtdCANTABIL | 68.7/100Favorable setup77% evidence | TURNING | 23.6/35 Revenue 18% · PAT 28% · OPM change 4 pp 83% evidence | 19.6/25 ROCE 19.1% · OPM 31% 95% evidence | 12.6/20 P/E 21.4× · PEG — 50% evidence | 12.9/20 RS sector 10.1% · RS bench -4.2% · 1Y -8.6%0 of 10 weeks ahead 70% evidence |
| Exact sum: 23.6 + 19.6 + 12.6 + 12.9 = 68.7 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2V2 Retail LtdV2RETAIL | 66.6/100Favorable setup79% evidence | LEADER | 28.6/35 Revenue 62.7% · PAT 100% · OPM change 2 pp 88% evidence | 15.3/25 ROCE 19.3% · OPM 14% 100% evidence | 9.4/20 P/E 56× · PEG — 15% evidence | 13.3/20 RS sector 5.4% · RS bench 2.5% · 1Y 13.7%10 of 12 weeks ahead 100% evidence |
| Exact sum: 28.6 + 15.3 + 9.4 + 13.3 = 66.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Kewal Kiran Clothing LtdKKCL | 66.3/100Favorable setup96% evidence | FADING | 19.7/35 Revenue 21.1% · PAT 2% · OPM change 1 pp 88% evidence | 18.5/25 ROCE 18.1% · OPM 19% 100% evidence | 16.4/20 P/E 21.6× · PEG 0.59 100% evidence | 11.7/20 RS sector 2.3% · RS bench -0.7% · 1Y -9.1%3 of 12 weeks ahead 100% evidence |
| Exact sum: 19.7 + 18.5 + 16.4 + 11.7 = 66.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Iris Clothings LtdIRISDOREME | 64.2/100Mixed-positive evidence87% evidence | LEADER | 22.3/35 Revenue 31.8% · PAT 31.9% · OPM change 3 pp 95% evidence | 14.3/25 ROCE 16% · OPM 17% 95% evidence | 7.6/20 P/E 57.4× · PEG — 50% evidence | 20.0/20 RS sector 53% · RS bench 48.9% · 1Y 73.8%11 of 12 weeks ahead 100% evidence |
| Exact sum: 22.3 + 14.3 + 7.6 + 20 = 64.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5SBC Exports LtdSBC | 58.7/100Mixed-positive evidence83% evidence | LEADER | 26.2/35 Revenue 34.4% · PAT 86.6% · OPM change -0.6 pp 83% evidence | 11.5/25 ROCE 18.2% · OPM 4.2% 95% evidence | 6.7/20 P/E 79.2× · PEG — 50% evidence | 14.3/20 RS sector 39.5% · RS bench 36.9% · 1Y 141.4%12 of 12 weeks ahead 100% evidence |
| Exact sum: 26.2 + 11.5 + 6.7 + 14.3 = 58.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Pearl Global Industries Ltdthis pagePGIL | 58.7/100Mixed-positive evidence78% evidence | BREAKING OUT | 16.0/35 Revenue 11.5% · PAT 17.3% · OPM change 0 pp 83% evidence | 16.9/25 ROCE 19.9% · OPM 10% 76% evidence | 7.2/20 P/E 34.7× · PEG — 50% evidence | 18.6/20 RS sector 33% · RS bench 29.8% · 1Y 35.4%10 of 12 weeks ahead 100% evidence |
| Exact sum: 16 + 16.9 + 7.2 + 18.6 = 58.7 · Decision use: Price leads the evidence: RS versus the benchmark is 29.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 7V-Mart Retail LtdVMART | 58.3/100Mixed-positive evidence93% evidence | BREAKING OUT | 25.6/35 Revenue 19.1% · PAT 100% · OPM change 1 pp 100% evidence | 7.2/25 ROCE 13.2% · OPM 15% 100% evidence | 7.3/20 P/E 44.7× · PEG 2.5 65% evidence | 18.2/20 RS sector 13.8% · RS bench 10% · 1Y -3.1%12 of 12 weeks ahead 100% evidence |
| Exact sum: 25.6 + 7.2 + 7.3 + 18.2 = 58.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8S P Apparels LtdSPAL | 57.0/100Mixed-positive evidence96% evidence | LEADER | 14.9/35 Revenue 13.2% · PAT 8.5% · OPM change -2 pp 88% evidence | 12.5/25 ROCE 14% · OPM 12% 100% evidence | 11.7/20 P/E 24.7× · PEG 0.69 100% evidence | 17.9/20 RS sector 28.9% · RS bench 25.4% · 1Y 19.9%12 of 12 weeks ahead 100% evidence |
| Exact sum: 14.9 + 12.5 + 11.7 + 17.9 = 57 · Decision use: Price leads the evidence: RS versus the benchmark is 25.4%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 9Monte Carlo Fashions LtdMONTECARLO | 56.3/100Mixed-positive evidence69% evidence | ASLEEP | 22.6/35 Revenue 15.9% · PAT 38.1% · OPM change 6.5 pp 62% evidence | 9.5/25 ROCE 14% · OPM 9.2% 95% evidence | 14.5/20 P/E 9.7× · PEG — 50% evidence | 9.7/20 RS sector 0% · RS bench -14.5% · 1Y -12.2%0 of 10 weeks ahead 70% evidence |
| Exact sum: 22.6 + 9.5 + 14.5 + 9.7 = 56.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10Trent LtdTRENT | 54.8/100Mixed-positive evidence89% evidence | TURNING | 23.0/35 Revenue 17.1% · PAT 12.1% · OPM change 3 pp 88% evidence | 19.9/25 ROCE 28.3% · OPM 18% 100% evidence | 3.7/20 P/E 92.8× · PEG 6.56 65% evidence | 8.2/20 RS sector -21.8% · RS bench 1.5% · 1Y -40.4%1 of 12 weeks ahead 100% evidence |
| Exact sum: 23 + 19.9 + 3.7 + 8.2 = 54.8 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression. | ||||||
| 11Arvind Fashions LtdARVINDFASN | 53.7/100Mixed-positive evidence93% evidence | TURNING | 23.5/35 Revenue 14% · PAT 100% · OPM change 0 pp 100% evidence | 14.9/25 ROCE 19.6% · OPM 12% 100% evidence | 8.9/20 P/E 45.9× · PEG 1.95 65% evidence | 6.4/20 RS sector -4.5% · RS bench -7.5% · 1Y -10%3 of 12 weeks ahead 100% evidence |
| Exact sum: 23.5 + 14.9 + 8.9 + 6.4 = 53.7 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -4.5% and the one-year return is -10%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 12Aditya Birla Lifestyle Brands LtdABLBL | 51.7/100Mixed-positive evidence78% evidence | ASLEEP | 20.0/35 Revenue 9.1% · PAT 100% · OPM change 1 pp 100% evidence | 12.0/25 ROCE 15% · OPM 15% 100% evidence | 11.4/20 P/E 54.1× · PEG 1.39 65% evidence | 8.3/20 RS sector — · RS bench -19% · 1Y -35.1%0 of 10 weeks ahead 25% evidence |
| Exact sum: 20 + 12 + 11.4 + 8.3 = 51.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 13Thomas Scott India LtdTHOMASCOTT | 51.0/100Thin evidence · provisional54% evidence | 18.2/35 Revenue 61.5% · PAT 54.4% · OPM change -0.4 pp 53% evidence | 15.1/25 ROCE 20.4% · OPM 11.8% 71% evidence | 11.0/20 P/E 21× · PEG — 15% evidence | 6.7/20 RS sector -5.2% · RS bench -17.3% · 1Y -25.7%1 of 12 weeks ahead to 2026-03-29 70% evidence | |
| Exact sum: 18.2 + 15.1 + 11 + 6.7 = 51 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 14Credo Brands Marketing LtdMUFTI | 50.9/100Mixed-positive evidence63% evidence | FADING | 13.5/35 Revenue 0% · PAT -3.4% · OPM change -2 pp 45% evidence | 17.0/25 ROCE 19.1% · OPM 29% 71% evidence | 12.6/20 P/E 7.7× · PEG — 50% evidence | 7.8/20 RS sector -12.7% · RS bench -15.7% · 1Y -49.6%5 of 12 weeks ahead 100% evidence |
| Exact sum: 13.5 + 17 + 12.6 + 7.8 = 50.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 15Vishal Mega Mart LtdVMM | 50.5/100Mixed-positive evidence87% evidence | ASLEEP | 23.8/35 Revenue 19.8% · PAT 29.6% · OPM change 0 pp 100% evidence | 11.8/25 ROCE 14.8% · OPM 15% 100% evidence | 4.7/20 P/E 56.2× · PEG 5.39 65% evidence | 10.2/20 RS sector 2.7% · RS bench -17.7% · 1Y -23.5%3 of 10 weeks ahead 70% evidence |
| Exact sum: 23.8 + 11.8 + 4.7 + 10.2 = 50.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 16Bella Casa Fashion & Retail LtdBELLACASA | 50.2/100Mixed-positive evidence61% evidence | 22.4/35 Revenue 21.8% · PAT 37% · OPM change -0.3 pp 53% evidence | 12.7/25 ROCE 17.2% · OPM 8.7% 71% evidence | 11.2/20 P/E 16.6× · PEG — 50% evidence | 3.9/20 RS sector -20.8% · RS bench -31.3% · 1Y -41.5%0 of 12 weeks ahead to 2026-03-29 70% evidence | |
| Exact sum: 22.4 + 12.7 + 11.2 + 3.9 = 50.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 17Vedant Fashions LtdMANYAVAR | 47.5/100Mixed-negative evidence90% evidence | ASLEEP | 9.9/35 Revenue 2.4% · PAT 0.8% · OPM change -0.7 pp 88% evidence | 19.4/25 ROCE 30.7% · OPM 33.8% 100% evidence | 14.4/20 P/E 25× · PEG 1.61 100% evidence | 3.8/20 RS sector -32% · RS bench -22.2% · 1Y -47.4%3 of 10 weeks ahead 70% evidence |
| Exact sum: 9.9 + 19.4 + 14.4 + 3.8 = 47.5 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 18Sai Silks (Kalamandir) LtdKALAMANDIR | 47.1/100Mixed-negative evidence81% evidence | ASLEEP | 13.3/35 Revenue 4.8% · PAT 20.2% · OPM change -1 pp 95% evidence | 15.4/25 ROCE 14.4% · OPM 14% 95% evidence | 14.4/20 P/E 10× · PEG — 50% evidence | 4.0/20 RS sector -16.9% · RS bench -33.5% · 1Y -51.9%0 of 10 weeks ahead 70% evidence |
| Exact sum: 13.3 + 15.4 + 14.4 + 4 = 47.1 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 19Lux Industries LtdLUXIND | 38.6/100Mixed-negative evidence78% evidence | ASLEEP | 10.1/35 Revenue 13.4% · PAT -35.8% · OPM change -2 pp 83% evidence | 7.8/25 ROCE 8.1% · OPM 7% 76% evidence | 9.0/20 P/E 34.6× · PEG — 50% evidence | 11.7/20 RS sector 5.9% · RS bench 2.6% · 1Y -11.5%8 of 12 weeks ahead 100% evidence |
| Exact sum: 10.1 + 7.8 + 9 + 11.7 = 38.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 20Baazar Style Retail LtdSTYLEBAAZA | 35.8/100Mixed-negative evidence71% evidence | ASLEEP | 18.1/35 Revenue 37% · PAT 100% · OPM change -2 pp 65% evidence | 6.3/25 ROCE 7.4% · OPM 10% 100% evidence | 8.6/20 P/E 93.9× · PEG — 15% evidence | 2.8/20 RS sector -13.1% · RS bench -15.6% · 1Y 0.1%6 of 12 weeks ahead 100% evidence |
| Exact sum: 18.1 + 6.3 + 8.6 + 2.8 = 35.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 21Raymond Lifestyle LtdRAYMONDLSL | 35.4/100Mixed-negative evidence68% evidence | ASLEEP | 17.6/35 Revenue 9.2% · PAT 4.9% · OPM change 1 pp 74% evidence | 2.0/25 ROCE 3.5% · OPM 6% 100% evidence | 10.2/20 P/E 29× · PEG — 15% evidence | 5.6/20 RS sector -8.1% · RS bench -26.6% · 1Y -35.3%0 of 10 weeks ahead 70% evidence |
| Exact sum: 17.6 + 2 + 10.2 + 5.6 = 35.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 22Go Fashion (India) LtdGOCOLORS | 30.5/100Adverse evidence81% evidence | TURNING | 4.7/35 Revenue -1.6% · PAT -39.1% · OPM change -4 pp 95% evidence | 10.2/25 ROCE 10.6% · OPM 27% 95% evidence | 12.3/20 P/E 32.2× · PEG — 50% evidence | 3.3/20 RS sector -47.6% · RS bench -28.4% · 1Y -61.9%7 of 10 weeks ahead 70% evidence |
| Exact sum: 4.7 + 10.2 + 12.3 + 3.3 = 30.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 23Aditya Birla Fashion & Retail LtdABFRL | 30.2/100Adverse evidence61% evidence | ASLEEP | 12.6/35 Revenue 11.2% · PAT -80% · OPM change -3 pp 62% evidence | 3.9/25 ROCE -3.1% · OPM 9% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 3.7/20 RS sector -13% · RS bench -15.9% · 1Y -18.3%0 of 12 weeks ahead 100% evidence |
| Exact sum: 12.6 + 3.9 + 10 + 3.7 = 30.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 24Gokaldas Exports LtdGOKEX | 28.3/100Adverse evidence90% evidence | TURNING | 8.5/35 Revenue 3.2% · PAT -36.7% · OPM change -1 pp 88% evidence | 8.1/25 ROCE 8.4% · OPM 11% 100% evidence | 1.9/20 P/E 59.6× · PEG 4.98 100% evidence | 9.8/20 RS sector -6.8% · RS bench 7.5% · 1Y -9.6%8 of 10 weeks ahead 70% evidence |
| Exact sum: 8.5 + 8.1 + 1.9 + 9.8 = 28.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 25Kitex Garments LtdKITEX | 22.5/100Adverse evidence65% evidence | ASLEEP | 3.9/35 Revenue -32.1% · PAT -80% · OPM change -16 pp 83% evidence | 4.5/25 ROCE 1.5% · OPM 1% 76% evidence | 8.5/20 P/E 290× · PEG — 15% evidence | 5.6/20 RS sector -9.2% · RS bench -19.1% · 1Y -44%0 of 10 weeks ahead 70% evidence |
| Exact sum: 3.9 + 4.5 + 8.5 + 5.6 = 22.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 26Karnika Industries LtdKARNIKA | 59.8/100Thin evidence · provisional48% evidence | ASLEEP | 20.3/35 Revenue — · PAT — · OPM change 2.3 pp 19% evidence | 20.9/25 ROCE 51.2% · OPM 17.2% 95% evidence | 10.4/20 P/E 26.1× · PEG — 15% evidence | 8.2/20 RS sector -2.4% · RS bench -16.3% · 1Y -16.7%5 of 10 weeks ahead 70% evidence |
| Exact sum: 20.3 + 20.9 + 10.4 + 8.2 = 59.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Pearl Global Industries Ltd's share price today?
Pearl Global Industries Ltd trades at ₹2,065, +48.1% over the past year. The company is valued at ₹9,537 Cr. The stock sits at 97% of its 52-week range of ₹1,248–₹2,088, +25.5% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 169 weeks in. — as of 31 July 2026.
What were Pearl Global Industries Ltd's latest quarterly results?
Pearl Global Industries Ltd reported revenue of ₹1,314 Cr and net profit of ₹81.0 Cr for the Mar 26 quarter. Revenue rose 6.9% and profit rose 24.6% year on year. Earnings per share were ₹18.04. The operating margin was 10.0%, 0.0 pp higher than a year earlier. — as of 31 July 2026.
What is Pearl Global Industries Ltd's revenue?
Pearl Global Industries Ltd reported revenue of ₹1,314 Cr in the Mar 26 quarter, +6.9% year on year. For the full FY26 fiscal year, revenue was ₹5,025 Cr (+11.5%). Over the last 10 years revenue compounded at 13.7% a year. — as of 31 July 2026.
What is Pearl Global Industries Ltd's profit?
Pearl Global Industries Ltd earned ₹81.0 Cr of net profit in the Mar 26 quarter, +24.6% year on year — the 8th straight quarter of growth. Full-year FY26 profit was ₹270 Cr. The operating margin ran 10.0% in the latest quarter. — as of 31 July 2026.
What is Pearl Global Industries Ltd's market cap?
Pearl Global Industries Ltd's market capitalisation is ₹9,537 Cr at a share price of ₹2,065. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.
What is Pearl Global Industries Ltd's P/E ratio?
Pearl Global Industries Ltd trades at a P/E of 34.7×, at the 98th percentile of its own 11-year range, against a long-run median of 13.4×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.
Does Pearl Global Industries Ltd pay a dividend?
Yes — Pearl Global Industries Ltd's dividend payout was 24% of profit in FY26, and it recorded a payout in 11 of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 31 July 2026.
Is Pearl Global Industries Ltd overvalued?
On its own history, Pearl Global Industries Ltd looks expensive against its own history: its P/E of 34.7× sits at the 98th percentile of its 11-year range (long-run median 13.4×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 31 July 2026.
Is Pearl Global Industries Ltd growing?
Yes — Pearl Global Industries Ltd is growing: latest-quarter revenue +6.9% year on year, profit +24.6%, and the margin +0.0 pp at 10.0%. The 10-year compound rates are 13.7% (revenue) and 22.0% (profit). The earnings engine currently reads: improving — as of 31 July 2026.
How is Pearl Global Industries Ltd performing?
Pearl Global Industries Ltd is in a confirmed uptrend, 169 weeks in. Its latest quarter's revenue rose 6.9% and profit rose 24.6% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 18 weeks. This describes what the data did, not a rating. — as of 31 July 2026.
What stage is Pearl Global Industries Ltd in?
Mixed — no clean majority across the growth curves, ROCE holding at 20.0% — the per-curve reads carry the story. The read comes from the last 12 quarters of growth (revenue growth +6.9% latest, profit growth +24.6% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 31 July 2026.
Is Pearl Global Industries Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 169 of stage 2), trading +25.5% versus its 200-day average and at 97% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.
Is Pearl Global Industries Ltd beating the market?
On recent form, yes — Pearl Global Industries Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 18 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.4 years the stock moved +1,746% against the NIFTY 500's +276% — ahead of the index over the full window. — as of 31 July 2026.
Will Pearl Global Industries Ltd's share price go up?
This page publishes no price forecast for Pearl Global Industries Ltd. What it measures instead: the share price is ₹2,065, the price is in a confirmed uptrend 169 weeks in. Its P/E of 34.7× sits at the 98th percentile of its own 11-year range. — as of 31 July 2026.
Who owns Pearl Global Industries Ltd?
Promoters hold 61.1% of Pearl Global Industries Ltd, foreign institutions 6.8%, domestic institutions 19.2% and the public 12.9% (latest quarter). The biggest move on the register over the last two years: Domestic institutions added 18.6 points over 8 quarters. — as of 31 July 2026.
Does Pearl Global Industries Ltd have too much debt?
It is moderate — Pearl Global Industries Ltd's debt-to-equity is 0.65, and operating profit covers the interest bill 4×. FY26 borrowings were ₹943 Cr against equity of ₹1,460 Cr. Read the returns on this page with that leverage in mind — as of 31 July 2026.
What is Pearl Global Industries Ltd's capex?
Pearl Global Industries Ltd spent ₹624 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹247 Cr, with ₹113 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.
What is Pearl Global Industries Ltd's cash flow?
Pearl Global Industries Ltd generated ₹398 Cr of operating cash flow in FY26 and ₹151 Cr of free cash flow after ₹247 Cr of capital spending. Reported profit that year was ₹270 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 31 July 2026.
Is Pearl Global Industries Ltd's profit real cash?
Yes — over the last 3 fiscal years, 138% of Pearl Global Industries Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹398 Cr against reported profit of ₹270 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 31 July 2026.
Where is Pearl Global Industries Ltd in its business cycle?
Pearl Global Industries Ltd's FY26 operating margin was 10.0%, against a 13-year band of 1.0%–10.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 10.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.
What could break the Pearl Global Industries Ltd story?
The sharpest disagreement: the price moved +48.1% in a year while annual EPS moved +11.3% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.
Is Pearl Global Industries Ltd a stock worth studying right now?
This is not investment advice. The machine read: Pearl Global Industries Ltd's price has outrun its earnings. +48.1% in a year against EPS +11.3% — the market is paying now for delivery later. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.