Pearl Global Industries Ltd. (PGIL), established in 1987 by Mr. Deepak Kumar Seth, is a leading multinational garment manufacturing company renowned for providing comprehensive supply chain solutions to global fashion brands. With a strong emphasis on sustainability and innovation, PGIL operates state-of-the-art manufacturing facilities across India, Bangladesh, Vietnam, Indonesia, Hong Kong, Guatemala, Spain, the UK, and the USA. The company caters to a diverse clientele by offering an extensive range of apparel for men, women, and children. Boasting a workforce of over 25,700 employees, PGIL is committed to sustainable practices that align with environmental and social responsibility standards. With an impressive annual turnover exceeding $450 million, PGIL has established itself as a significant player in the global fashion industry. Listed on Indian stock exchanges, the company continues to expand its reach and influence, driven by its dedication to quality, innovation, and ethical practices.
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
Promoters + | 66.23% | 66.19% | 66.17% | 62.91% | 62.82% |
FIIs + | 5.25% | 5.45% | 5.39% | 4.57% | 5.20% |
DIIs + | 0.43% | 0.49% | 0.61% | 9.31% | 11.24% |
Public + | 28.09% | 27.87% | 27.84% | 23.20% | 20.75% |
No. of Shareholders | 17,071 | 16,314 | 19,284 | 21,301 | 23,739 |
The shareholding pattern of Pearl Global Industries Ltd. underwent notable changes from December 2023 to December 2024, reflecting shifts in investor confidence and institutional involvement. The promoters’ shareholding marginally decreased from 66.23% in December 2023 to 62.82% by December 2024, indicating a slight dilution over the year. The Foreign Institutional Investors (FIIs) displayed a fluctuating trend, beginning at 5.25% in December 2023, dropping to 4.57% in September 2024, and recovering to 5.20% by December 2024. Domestic Institutional Investors (DIIs), however, demonstrated a significant increase, starting at 0.43% in December 2023 and rising to an impressive 11.24% by December 2024, suggesting growing domestic institutional interest. The public shareholding steadily declined from 28.09% in December 2023 to 20.75% in December 2024, indicating reduced retail participation. Additionally, the number of shareholders grew substantially, from 17,071 in December 2023 to 23,739 by December 2024, showcasing expanding interest in Pearl Global Industries among investors.
Below are the trading platforms that you can use to purchase Pearl Global Industries shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
January 2025 | 1,737.99 | 1,336.91 |
February 2025 | 1,755.54 | 1,350.42 |
March 2025 | 1,792.41 | 1,378.78 |
April 2025 | 1,774.66 | 1,365.13 |
May 2025 | 1,722.97 | 1,325.37 |
June 2025 | 1,800.51 | 1,385.01 |
July 2025 | 1,765.20 | 1,357.85 |
August 2025 | 1,819.80 | 1,399.85 |
September 2025 | 1,841.64 | 1,416.64 |
October 2025 | 1,889.52 | 1,453.48 |
November 2025 | 1,936.76 | 1,489.81 |
December 2025 | 2,023.91 | 1,556.85 |
In 2025, the share prices of Pearl Global Industries are projected to show steady growth. January may see prices range from ₹1,336.91 to ₹1,737.99, gradually increasing to ₹1,755.54 to ₹1,350.42 in February and ₹1,792.41 to ₹1,378.78 in March. By mid-year, June prices might peak at ₹1,800.51 and bottom at ₹1,385.01, with further growth in August, ranging from ₹1,399.85 to ₹1,819.80. As we approach year-end, November could witness prices between ₹1,489.81 and ₹1,936.76, closing December at a high of ₹2,023.91 and a low of ₹1,556.85.
When | Maximum Price | Minimum Price |
January 2026 | 2,084.63 | 1,603.56 |
February 2026 | 2,032.51 | 1,563.47 |
March 2026 | 2,073.16 | 1,594.74 |
April 2026 | 2,115.47 | 1,627.29 |
May 2026 | 2,094.53 | 1,611.17 |
June 2026 | 2,146.89 | 1,651.45 |
July 2026 | 2,104.79 | 1,619.07 |
August 2026 | 2,169.89 | 1,669.15 |
September 2026 | 2,213.29 | 1,702.53 |
October 2026 | 2,270.83 | 1,746.80 |
November 2026 | 2,327.61 | 1,790.47 |
December 2026 | 2,385.80 | 1,835.23 |
As we move forward into 2026, the share prices of Pearl Global Industries are expected to demonstrate consistent growth. In January, prices may range from ₹1,603.56 to ₹2,084.63, followed by February with a slight adjustment between ₹1,563.47 and ₹2,032.51. March might see values from ₹1,594.74 to ₹2,073.16, and by April, prices could rise to ₹1,627.29 at the low end and ₹2,115.47 at the high. Mid-year, June is projected to range between ₹1,651.45 and ₹2,146.89, while August could achieve ₹1,669.15 to ₹2,169.89. Toward the year-end, November may witness prices ranging from ₹1,790.47 to ₹2,327.61, culminating in December with a high of ₹2,385.80 and a low of ₹1,835.23.
When | Maximum Price | Minimum Price |
January 2027 | 2,409.65 | 1,853.58 |
February 2027 | 2,471.44 | 1,901.11 |
March 2027 | 2,567.83 | 1,975.25 |
April 2027 | 2,517.48 | 1,936.52 |
May 2027 | 2,444.15 | 1,880.12 |
June 2027 | 2,554.14 | 1,964.72 |
July 2027 | 2,504.06 | 1,926.20 |
August 2027 | 2,581.50 | 1,985.77 |
September 2027 | 2,671.85 | 2,055.27 |
October 2027 | 2,741.32 | 2,108.71 |
November 2027 | 2,809.86 | 2,161.43 |
December 2027 | 2,880.10 | 2,215.46 |
When | Maximum Price | Minimum Price |
January 2028 | 2,937.70 | 2,259.77 |
February 2028 | 3,013.03 | 2,317.72 |
March 2028 | 3,130.54 | 2,408.11 |
April 2028 | 3,069.16 | 2,360.89 |
May 2028 | 2,979.76 | 2,292.12 |
June 2028 | 3,113.85 | 2,395.27 |
July 2028 | 3,052.80 | 2,348.30 |
August 2028 | 3,147.21 | 2,420.93 |
September 2028 | 3,257.36 | 2,505.66 |
October 2028 | 3,342.06 | 2,570.81 |
November 2028 | 3,425.61 | 2,635.08 |
December 2028 | 3,511.25 | 2,700.96 |
When | Maximum Price | Minimum Price |
January 2029 | 3,581.47 | 2,754.98 |
February 2029 | 3,673.31 | 2,825.62 |
March 2029 | 3,816.56 | 2,935.82 |
April 2029 | 3,741.73 | 2,878.25 |
May 2029 | 3,632.75 | 2,794.42 |
June 2029 | 3,796.22 | 2,920.17 |
July 2029 | 3,721.78 | 2,862.91 |
August 2029 | 3,836.89 | 2,951.46 |
September 2029 | 3,971.18 | 3,054.76 |
October 2029 | 4,074.43 | 3,134.18 |
November 2029 | 4,176.29 | 3,212.53 |
December 2029 | 4,280.70 | 3,292.85 |
When | Maximum Price | Minimum Price |
January 2030 | 4,366.32 | 3,358.70 |
February 2030 | 4,478.27 | 3,444.83 |
March 2030 | 4,652.93 | 3,579.17 |
April 2030 | 4,561.69 | 3,508.99 |
May 2030 | 4,428.83 | 3,406.79 |
June 2030 | 4,628.12 | 3,560.10 |
July 2030 | 4,537.38 | 3,490.29 |
August 2030 | 4,677.71 | 3,598.24 |
September 2030 | 4,841.43 | 3,724.17 |
October 2030 | 4,967.30 | 3,821.00 |
November 2030 | 5,091.49 | 3,916.53 |
December 2030 | 5,218.77 | 4,014.44 |
As we move into 2030, the share prices of Pearl Global Industries are expected to show remarkable growth throughout the year. In January, the prices may range from ₹3,358.70 to ₹4,366.32, followed by February with values between ₹3,444.83 and ₹4,478.27. By March, the prices are anticipated to climb further, ranging from ₹3,579.17 to ₹4,652.93. Mid-year, June could see values between ₹3,560.10 and ₹4,628.12, while August might experience a rise to ₹3,598.24 at the low end and ₹4,677.71 at the high. As we move toward the year-end, November may reflect prices ranging from ₹3,916.53 to ₹5,091.49, concluding in December with a peak of ₹5,218.77 and a low of ₹4,014.44.
Financial Condition of Pearl Global Industries
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 1,685 | 1,491 | 2,714 | 3,158 | 3,436 | 3,836 |
Expenses + | 1,603 | 1,424 | 2,555 | 2,883 | 3,111 | 3,494 |
Operating Profit | 82 | 67 | 159 | 275 | 325 | 342 |
OPM % | 5% | 4% | 6% | 9% | 9% | 9% |
Other Income + | 44 | 36 | 37 | 34 | 31 | 41 |
Interest | 53 | 47 | 61 | 82 | 100 | 88 |
Depreciation | 42 | 44 | 48 | 51 | 64 | 70 |
Profit before tax | 31 | 11 | 86 | 176 | 192 | 225 |
Tax % | 30% | -54% | 18% | 13% | 12% | |
Net Profit + | 22 | 17 | 70 | 153 | 169 | 200 |
EPS in Rs | 4.98 | 3.99 | 15.74 | 34.47 | 40.11 | 47.72 |
Dividend Payout % | 0% | 0% | 16% | 11% | 0% |
Pearl Global Industries has shown remarkable financial growth and resilience over the past few years. From March 2020 to the trailing twelve months (TTM), the company’s sales witnessed a consistent upward trend, increasing from ₹1,685 crore in 2020 to ₹3,836 crore in the TTM. This growth reflects the company’s expanding market footprint and its ability to cater to global demand. Concurrently, expenses have grown proportionately, rising from ₹1,603 crore to ₹3,494 crore, indicating effective management of operational costs alongside business expansion. The operating profit also saw substantial improvement, climbing from ₹82 crore in 2020 to ₹342 crore in the TTM, with the operating profit margin (OPM) improving from 5% to 9%, showcasing enhanced operational efficiency and scalability.
The company’s profitability metrics have demonstrated impressive growth. Net profit soared from ₹22 crore in 2020 to ₹200 crore in the TTM, supported by consistent growth in operating profit and a stable tax structure. The profit before tax rose from ₹31 crore to ₹225 crore during the same period, underlining improved financial health. Earnings per share (EPS) have grown significantly, from ₹4.98 in 2020 to ₹47.72 in the TTM, highlighting Pearl Global Industries‘ ability to deliver strong returns to its shareholders. However, dividend payouts have varied, with a focus on reinvesting profits into business expansion rather than consistent dividend distribution.
Other key indicators, such as interest and depreciation expenses, have also risen over the years, reflecting the company’s investments in assets and financing. Interest expenses increased from ₹53 crore in 2020 to ₹88 crore in the TTM, while depreciation grew from ₹42 crore to ₹70 crore, indicative of ongoing capital expenditures. Despite these rising costs, the company has managed to maintain a strong financial position and continues to show strong growth potential.
FAQS
As of January 18th, 2025, the share price of Pearl Global Industries is around INR ₹1,678.
As per our analysis, Pearl Global Industries in 2025 is expected to trade between ₹1,325.37 to ₹2,023.91.
As per our analysis, Pearl Global Industries share price target for 2030 would be somewhere between ₹3,358.70 and ₹5,218.77.
You can invest in Pearl Global Industries shares through a stockbroker, either online or offline. You will need to open a Demat account and trading account to buy and sell shares. We recommend Groww and Paytm Money.
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Conclusion
In conclusion, Pearl Global Industries has established itself as a significant player in the global fashion industry with its expansive manufacturing footprint, diverse product offerings, and strong commitment to sustainability. The company’s shareholding pattern in 2024 reflects increased domestic institutional interest, showcasing its growing appeal among institutional investors, while retail participation declined. The projected share prices for 2025 to 2030 indicate steady growth, driven by the company’s robust financial performance, which has seen consistent sales growth, improving operating profit margins, and rising net profits. These trends underscore Pearl Global Industries’ strong market position and potential for long-term growth, making it an attractive prospect for investors.
What did we learn?
- 1 Shareholdings Patterns of Pearl Global Industries
- 2 How to Purchase Pearl Global Industries Shares in India?
- 3 Pearl Global Industries Share Price Target 2025, 2026 to 2030
- 3.1 Pearl Global Industries Share Price Prediction 2025
- 3.2 Pearl Global Industries Share Price Prediction 2026
- 3.3 Pearl Global Industries Share Price Target 2027
- 3.4 Pearl Global Industries Share Price Prediction 2028
- 3.5 Pearl Global Industries Share Price Target 2029
- 3.6 Pearl Global Industries Share Price Prediction 2030
- 4 Financial Condition of Pearl Global Industries
- 5 FAQS
- 6 Conclusion