PDS Limited

NSEI:PDSL Stock Report

Market Cap: ₹42.8b

PDS Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Sanjay Jain

Chief executive officer

₹23.0m

Total compensation

CEO salary percentagen/a
CEO tenure5.4yrs
CEO ownershipn/a
Management average tenure3.2yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Analysis Article May 23

Some May Be Optimistic About PDS' (NSE:PDSL) Earnings

PDS Limited's ( NSE:PDSL ) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed...
Narrative Update May 15

PDSL: International Reactivations And New Sourcing Wins Will Support Higher Earnings Multiple

Analysts have lifted their price target on PDS to ₹410.0. This is supported by updated assumptions that reflect a slightly lower discount rate and a modestly reduced future P/E multiple, along with recent target increases across several covering firms. Analyst Commentary Recent Street research on PDS reflects a cluster of higher price targets, which feeds into the revised valuation work behind the ₹410.0 target.
Narrative Update Apr 28

PDSL: International Reactivations Will Support Higher Earnings Multiple Through 2026

The analyst fair value estimate for PDS has been reset from ₹545 to ₹410, with analysts citing revised revenue growth, margin assumptions and updated P/E expectations as they respond to recent Street price target changes and caution around near term earnings pressures. Analyst Commentary Street research around PDS has focused on how recent earnings prints and margin trends feed into fair value and price targets, with several firms adjusting their models while keeping a close eye on execution risks.
Narrative Update Apr 13

PDSL: International Reactivations Will Support Higher Earnings Multiple In 2026

Narrative Update on PDS The analyst price target for PDS has risen to ₹545, with analysts citing recent upward revisions across several firms and a slightly higher assumed P/E multiple as the main reasons for this change. Analyst Commentary Recent research on PDS points to a cluster of higher price targets, with analysts focusing on how the stock’s valuation lines up with execution on near term estimates and longer term growth plans.
Narrative Update Mar 29

PDSL: International Reactivations And Margin Recovery Will Support Higher Earnings Multiple

Analysts have nudged the PDS price target higher to ₹545, reflecting updated assumptions around discount rates, long term revenue growth, profit margins and future P/E. These assumptions broadly align with recent Street research, where firms lifted their targets despite near term estimate pressures and mixed margin impacts.
Narrative Update Mar 13

PDSL: International Reactivations Will Support Higher Earnings Multiple Through 2026

Analysts have nudged their implied price target on PDS higher to ₹545, with only minor tweaks to the discount rate and future P/E assumptions, citing cautious optimism despite recent margin pressure and softer Q1 2026 expectations versus consensus. Analyst Commentary Street research around PDS points to cautious optimism, with several firms raising their implied value targets while highlighting both execution upside and near term pressures on margins and earnings expectations.
Narrative Update Feb 27

PDSL: International Reactivations Will Support Repriced Earnings Multiple Over 2026

Analysts have lifted their price targets on PDS to ₹105, up from ₹81, citing recent stock pressure tied to lighter Q1 2026 estimates, the impact of international reactivations on margins, and a cautiously optimistic view for the second half of 2026. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher price targets as a sign that they see room for upside in the shares relative to current trading levels, even after the recent stock pressure.
Analysis Article Feb 14

PDS Limited (NSE:PDSL) Just Reported And Analysts Have Been Cutting Their Estimates

Last week, you might have seen that PDS Limited ( NSE:PDSL ) released its quarterly result to the market. The early...
Narrative Update Feb 13

PDSL: Higher Revenue Assumptions Will Support Repriced Earnings Multiple

The analyst price target on PDS has been revised from ₹620 to ₹545, with analysts pointing to updated assumptions on discount rates, revenue growth, margins, and a lower future P/E as they incorporate recent Street research that raised price targets at firms such as BMO Capital and TD Securities. Analyst Commentary Bullish Takeaways Bullish analysts who have raised their price targets see room for upside in PDS shares relative to their updated assumptions on discount rates, revenue growth, and margins, even after the revision in the central price target to ₹545.
Analysis Article Dec 01

PDS (NSE:PDSL) Will Be Hoping To Turn Its Returns On Capital Around

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Nov 13

Investors Appear Satisfied With PDS Limited's (NSE:PDSL) Prospects As Shares Rocket 34%

PDS Limited ( NSE:PDSL ) shareholders would be excited to see that the share price has had a great month, posting a 34...
Analysis Article Oct 31

Does PDS (NSE:PDSL) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article May 23

PDS' (NSE:PDSL) Shareholders May Want To Dig Deeper Than Statutory Profit

The market shrugged off PDS Limited's ( NSE:PDSL ) solid earnings report. We think that investors might be worried...
Analysis Article May 13

Here's What To Make Of PDS' (NSE:PDSL) Decelerating Rates Of Return

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
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New Narrative Feb 22

Partnerships With Primark And Investments In High-Value Categories Will Expand Global Reach

PDS aims for strong revenue growth through strategic milestones, significant North American sales growth, and deepening key customer relationships in untapped markets.
Analysis Article Jan 31

PDS Limited Just Recorded A 32% Revenue Beat: Here's What Analysts Think

PDS Limited ( NSE:PDSL ) shareholders are probably feeling a little disappointed, since its shares fell 7.2% to ₹485 in...
Analysis Article Dec 17

Earnings Tell The Story For PDS Limited (NSE:PDSL) As Its Stock Soars 28%

PDS Limited ( NSE:PDSL ) shares have had a really impressive month, gaining 28% after a shaky period beforehand. Taking...
Analysis Article Nov 29

Is PDS (NSE:PDSL) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 06

Why PDS' (NSE:PDSL) Shaky Earnings Are Just The Beginning Of Its Problems

Despite PDS Limited's ( NSE:PDSL ) recent earnings report having lackluster headline numbers, the market responded...
Analysis Article Oct 27

Investors Still Waiting For A Pull Back In PDS Limited (NSE:PDSL)

PDS Limited's ( NSE:PDSL ) price-to-earnings (or "P/E") ratio of 46.1x might make it look like a sell right now...
Analysis Article Jul 12

PDS (NSE:PDSL) Has Announced That It Will Be Increasing Its Dividend To ₹3.15

PDS Limited ( NSE:PDSL ) has announced that it will be increasing its dividend from last year's comparable payment on...
Analysis Article Jun 19

Why Investors Shouldn't Be Surprised By PDS Limited's (NSE:PDSL) 26% Share Price Surge

PDS Limited ( NSE:PDSL ) shareholders would be excited to see that the share price has had a great month, posting a 26...
Analysis Article Jun 16

PDS' (NSE:PDSL) Upcoming Dividend Will Be Larger Than Last Year's

The board of PDS Limited ( NSE:PDSL ) has announced that it will be paying its dividend of ₹3.15 on the 25th of August...
Analysis Article Jun 12

PDS (NSE:PDSL) Is Reinvesting To Multiply In Value

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article May 04

Investors Interested In PDS Limited's (NSE:PDSL) Earnings

PDS Limited's ( NSE:PDSL ) price-to-earnings (or "P/E") ratio of 37.5x might make it look like a sell right now...
Analysis Article Dec 29

Potential Upside For PDS Limited (NSE:PDSL) Not Without Risk

There wouldn't be many who think PDS Limited's ( NSE:PDSL ) price-to-earnings (or "P/E") ratio of 31.7x is worth a...
Analysis Article Dec 07

Is PDS (NSE:PDSL) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Nov 04

PDS (NSE:PDSL) Is Reducing Its Dividend To ₹1.60

PDS Limited ( NSE:PDSL ) is reducing its dividend from last year's comparable payment to ₹1.60 on the 1st of December...
Analysis Article Oct 07

Returns On Capital Are A Standout For PDS (NSE:PDSL)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article Sep 05

Do PDS' (NSE:PDSL) Earnings Warrant Your Attention?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jul 24

PDS' (NSE:PDSL) Dividend Will Be Reduced To ₹2.60

PDS Limited's ( NSE:PDSL ) dividend is being reduced from last year's payment covering the same period to ₹2.60 on the...
Analysis Article Jul 10

PDS' (NSE:PDSL) Dividend Is Being Reduced To ₹2.60

PDS Limited's ( NSE:PDSL ) dividend is being reduced from last year's payment covering the same period to ₹2.60 on the...
Analysis Article Jun 23

PDS' (NSE:PDSL) Dividend Is Being Reduced To ₹2.60

PDS Limited's ( NSE:PDSL ) dividend is being reduced from last year's payment covering the same period to ₹2.60 on the...
Analysis Article May 16

PDS' (NSE:PDSL) Dividend Is Being Reduced To ₹2.60

PDS Limited ( NSE:PDSL ) has announced that on 30th of August, it will be paying a dividend of₹2.60, which a reduction...

CEO

Sanjay Jain (54 yo)

5.4yrs
Tenure
₹23,000,000
Compensation

Mr. Sanjay Jain had been Chief Executive Officer of PDS Limited (Formerly, PDS Multinational Fashions Limited) since January 15, 2021 and serves as its Group Chief Executive Officer. Mr. Jain served as Chi...


Leadership Team

NamePositionTenureCompensationOwnership
Sanjay Jain
Group Chief Executive Officer5.4yrs₹23.00mno data
Pallak Seth
Executive Non Independent Vice-Chairman15.2yrsno data0.99%
₹ 422.9m
Abhishekh Kanoi
Head of Legal5.4yrs₹7.85mno data
Sunvinder Singh
Presidentno data₹15.60mno data
Sadik Sunasara
Group Chief Financial Officerless than a yearno datano data
Reenah Joseph
Head of Special Projects & Initiativesno datano datano data
Paul Wright
Group ESG Director & Business Development Directorno datano datano data
Mohit Sharma
Head IT & Digitalless than a yearno datano data
Alex Feng
Managing Director of PDS Asia Star Corporation Ltdno datano datano data
Rajive Ranjan
Managing Director of Techno Designno datano datano data
Anuj Banaik
Managing Director- Poetic Gem Ltd. UKno datano datano data
Sunny Malhotra
Managing Director of Simple Approach Ltdno datano datano data
3.2yrs
Average Tenure
53.5yo
Average Age

Experienced Management: PDSL's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pallak Seth
Executive Non Independent Vice-Chairman15.2yrsno data0.99%
₹ 422.9m
Sandra Campos
Non-Executive Independent Woman Director2.6yrsno datano data
Deepak Seth
Non-Executive Non-Independent Chairman15.2yrsno data11.17%
₹ 4.8b
Parth Gandhi
Non-Executive Non-Independent Director5.1yrs₹10.73m0.089%
₹ 37.9m
Srinivas Gangaiah
Independent Non-Executive Director3.3yrsno datano data
Robert Sinclair
Independent Non-Executive Director4.6yrsno datano data
Yael Gairola
Non-Executive Non-Independent Director4.5yrsno datano data
Nishant Ravindra
Non-Executive Independent Director4.5yrsno datano data
Faiza Seth
Member of Advisory Boardno datano datano data
Tarun Khanna
Member of Advisory Boardno datano datano data
Harold Tilman
Member of Advisory Boardno datano datano data
4.5yrs
Average Tenure
61yo
Average Age

Experienced Board: PDSL's board of directors are considered experienced (4.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/04 11:25
End of Day Share Price 2026/06/04 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PDS Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kameswari V. S. ChavaliFirstCall Research
Apoorva BahadurInvestec Bank plc (UK)
Ashutosh SomaniJM Financial Institutional Securities Limited