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Pearl Global Industries

NSEI:PGIL
Snowflake Description

Proven track record with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PGIL
NSEI
₹4B
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Pearl Global Industries Limited, together with its subsidiaries, manufactures, sources, distributes, and exports readymade garments. The last earnings update was 37 days ago. More info.


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  • Pearl Global Industries has significant price volatility in the past 3 months.
PGIL Share Price and Events
7 Day Returns
9.1%
NSEI:PGIL
0.7%
IN Luxury
0.4%
IN Market
1 Year Returns
61.4%
NSEI:PGIL
1.3%
IN Luxury
2%
IN Market
PGIL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Pearl Global Industries (PGIL) 9.1% 35.1% 28.8% 61.4% -20.4% 2.5%
IN Luxury 0.7% 9.1% 6.8% 1.3% 54.4% 182.9%
IN Market 0.4% 9.1% 1.8% 2% 43.6% 80.4%
1 Year Return vs Industry and Market
  • PGIL outperformed the Luxury industry which returned 1.3% over the past year.
  • PGIL outperformed the Market in India which returned 2% over the past year.
Price Volatility
PGIL
Industry
5yr Volatility vs Market

Value

 Is Pearl Global Industries undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Pearl Global Industries. This is due to cash flow or dividend data being unavailable. The share price is ₹178.3.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Pearl Global Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Pearl Global Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:PGIL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-30) in INR ₹22.11
BSE:532808 Share Price ** BSE (2019-03-20) in INR ₹179.2
India Luxury Industry PE Ratio Median Figure of 239 Publicly-Listed Luxury Companies 12.3x
India Market PE Ratio Median Figure of 2,730 Publicly-Listed Companies 16.4x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Pearl Global Industries.

NSEI:PGIL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532808 Share Price ÷ EPS (both in INR)

= 179.2 ÷ 22.11

8.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pearl Global Industries is good value based on earnings compared to the IN Luxury industry average.
  • Pearl Global Industries is good value based on earnings compared to the India market.
Price based on expected Growth
Does Pearl Global Industries's expected growth come at a high price?
Raw Data
NSEI:PGIL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
1.4%per year
India Luxury Industry PEG Ratio Median Figure of 26 Publicly-Listed Luxury Companies 1.52x
India Market PEG Ratio Median Figure of 596 Publicly-Listed Companies 1.27x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Pearl Global Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Pearl Global Industries's assets?
Raw Data
NSEI:PGIL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-30) in INR ₹197.78
BSE:532808 Share Price * BSE (2019-03-20) in INR ₹179.2
India Luxury Industry PB Ratio Median Figure of 310 Publicly-Listed Luxury Companies 0.77x
India Market PB Ratio Median Figure of 3,617 Publicly-Listed Companies 1.12x
NSEI:PGIL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532808 Share Price ÷ Book Value per Share (both in INR)

= 179.2 ÷ 197.78

0.91x

* Primary Listing of Pearl Global Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Pearl Global Industries is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Pearl Global Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Pearl Global Industries has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Pearl Global Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Pearl Global Industries, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Pearl Global Industries expected to grow at an attractive rate?
  • Pearl Global Industries's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Pearl Global Industries's earnings growth is positive but not above the India market average.
  • Unable to compare Pearl Global Industries's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:PGIL Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:PGIL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 1.4%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:PGIL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:PGIL Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:PGIL Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-30 16,904 479
2018-09-30 16,221 310
2018-06-30 15,052 238
2018-03-31 14,960 337 241
2017-12-31 15,897 223
2017-09-30 16,005 238
2017-06-30 15,481 331
2017-03-31 15,381 151 406
2016-12-31 14,982 303
2016-09-30 14,778 355
2016-06-30 14,865 375
2016-03-31 13,934 253 367

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Pearl Global Industries's earnings are expected to grow by 1.4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Pearl Global Industries is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:PGIL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Pearl Global Industries Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:PGIL Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:PGIL Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-30 22.11
2018-09-30 14.71
2018-06-30 10.99
2018-03-31 11.12
2017-12-31
2017-09-30
2017-06-30 14.44
2017-03-31 18.75
2016-12-31 13.96
2016-09-30 16.39
2016-06-30 17.29
2016-03-31 16.92

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Pearl Global Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Pearl Global Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Pearl Global Industries has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Pearl Global Industries performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Pearl Global Industries's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Pearl Global Industries's year on year earnings growth rate has been positive over the past 5 years.
  • Pearl Global Industries's 1-year earnings growth exceeds its 5-year average (114.3% vs 0.5%)
  • Pearl Global Industries's earnings growth has exceeded the IN Luxury industry average in the past year (114.3% vs 14.2%).
Earnings and Revenue History
Pearl Global Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Pearl Global Industries Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:PGIL Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-30 16,903.74 479.24 2,944.44
2018-09-30 16,220.52 309.87 2,743.71
2018-06-30 15,051.95 238.03 2,256.68
2018-03-31 14,960.40 240.81 2,579.38
2017-12-31 15,897.45 223.45 3,233.84
2017-09-30 16,004.66 237.60 3,229.33
2017-06-30 15,480.63 331.47 3,147.19
2017-03-31 15,380.55 406.18 2,409.34
2016-12-31 14,982.41 302.52 2,837.78
2016-09-30 14,778.36 354.80 2,708.17
2016-06-30 14,864.51 374.72 2,166.89
2016-03-31 13,934.16 366.64 2,490.51
2015-12-31 12,228.20 348.36 2,299.31
2015-09-30 11,525.94 334.62 2,211.61
2015-06-30 10,678.21 318.62 1,754.61
2015-03-31 10,237.37 250.69 1,975.53
2014-12-31 20,215.63 407.46 3,551.25
2014-09-30 28,444.58 288.94 4,066.16
2014-06-30 38,864.75 376.01 3,281.49
2014-03-31 46,989.59 386.43 5,132.86
2013-12-31 45,597.18 132.91 5,049.97
2013-09-30 43,515.70 224.31 4,921.81
2013-06-30 40,331.28 299.75 3,329.29
2013-03-31 38,202.40 237.88 4,526.47
2012-12-31 35,595.75 374.99 3,881.99
2012-09-30 33,542.68 381.78 3,642.69
2012-06-30 29,639.82 398.50 2,465.15
2012-03-31 28,048.92 314.90 3,329.47

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Pearl Global Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Pearl Global Industries used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Pearl Global Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Pearl Global Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Pearl Global Industries has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Pearl Global Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Pearl Global Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Pearl Global Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Pearl Global Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Pearl Global Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Pearl Global Industries Company Filings, last reported 2 months ago.

NSEI:PGIL Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-30 4,413.73 2,597.68 1,618.67
2018-09-30 4,413.73 2,597.68 1,618.67
2018-06-30 4,047.85 2,625.34 1,234.04
2018-03-31 4,047.85 3,154.15 1,200.58
2017-12-31 3,932.28 2,748.45 1,485.59
2017-09-30 3,932.28 2,748.45 1,485.59
2017-06-30 3,869.55 2,518.34 1,204.68
2017-03-31 3,912.19 2,633.06 1,188.33
2016-12-31 3,729.15 1,835.63 1,686.64
2016-09-30 3,729.15 1,835.63 1,686.64
2016-06-30 3,540.20 1,936.50 1,499.76
2016-03-31 3,540.20 2,166.94 1,499.76
2015-12-31 3,443.37 1,768.63 1,251.39
2015-09-30 3,443.37 1,768.63 1,251.39
2015-06-30 3,272.72 1,598.79 1,055.78
2015-03-31 3,272.72 1,757.94 1,055.78
2014-12-31 3,068.47 1,562.49 850.94
2014-09-30 3,068.47 1,562.49 850.94
2014-06-30 7,411.22 6,010.82 3,063.36
2014-03-31 7,411.22 6,168.33 3,063.36
2013-12-31 7,227.16 5,250.87 2,497.03
2013-09-30 7,227.16 5,250.87 2,497.03
2013-06-30 6,553.06 4,986.65 1,972.29
2013-03-31 6,527.88 5,110.00 1,972.29
2012-12-31 6,088.54 4,331.34 1,767.04
2012-09-30 6,088.54 4,331.34 1,767.04
2012-06-30
2012-03-31 5,768.02 4,519.09 1,570.55
  • Pearl Global Industries's level of debt (58.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (72.7% vs 58.9% today).
  • Debt is not well covered by operating cash flow (13%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Pearl Global Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Pearl Global Industries has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Pearl Global Industries's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.12%
Current annual income from Pearl Global Industries dividends.
If you bought ₹2,000 of Pearl Global Industries shares you are expected to receive ₹22 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Pearl Global Industries's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Pearl Global Industries's dividend is below the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:PGIL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:PGIL Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:PGIL Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-08-29 2.000 1.388
2017-09-04 3.000 2.293
2017-05-29 3.000 1.992
2016-09-01 3.000 2.079
2016-06-02 3.000 1.357
2016-05-25 3.000 1.271
2016-03-11 2.500 1.079
2015-08-31 2.250 1.048
2015-05-22 2.250 1.004
2014-10-22 2.000 0.843
2013-09-03 1.000 0.566
2013-05-30 1.000 0.824
2010-02-02 0.000 0.000
2009-03-31 0.000 0.000
2009-03-23 1.500 3.234

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Pearl Global Industries's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (11.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Pearl Global Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Pearl Global Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Pearl Global Industries has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Pearl Global Industries's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Pulkit Seth
COMPENSATION ₹11,691,600
AGE 38
TENURE AS CEO 5.8 years
CEO Bio

Mr. Pulkit Seth serves as the Managing Director of Pearl Global Industries Limited since June, 2013. Mr. Seth has been Managing Director of Pearl Global Limited since April 1, 2005. Mr. Seth has been Managing Director of House of Pearl Fashions Limited since July 15, 2006 and overseeing its domestic operations. He joined Norwest Industries Ltd., Hong Kong, an apparel sourcing and trading Company, in October 2002 as Joint Managing Director and went on to become Managing Director in July 2003. He served as the Managing Director of Manufacturing Operations at Pearl Global Industries Limited (House of Pearl Fashions Limited). He has over four years of experience in the apparel industry. He serves as the Vice-Chairman of Pearl Global Industries Limited and has been its Non-Executive Independent Director since November 01, 2004. He served as Vice Chairman at Pearl Global Ltd. Mr. Seth serves as the President Director and Director of PT Norwest Industry. He serves as Director of Images Pearl Retail Solutions Pvt. Ltd., Depa International Inc., Nor-Pearl Knitwear Ltd., Norp Knit Industries Ltd., SACB Holdings Ltd., Global Textiles Group Ltd., Transnational Textile Group Ltd., Pallas Holdings Ltd., PAF International Ltd., Multinational Textiles Group Ltd., Norp Knits Industries Ltd., NAFS Ltd. and Lerros Moden Gmbh. He has been Executive Director at Pearl Global Ltd. since March 2005 and as Non-Independent & Executive Director at House of Pearl Fashions Limited since November 1, 2004. He served as Director at PDS Multinational Fashions Limited until May 2015. He holds a Bachelor of Business Management Studies from Leonard N. Stern School of Business, New York University.

CEO Compensation
  • Pulkit's compensation has increased by more than 20% in the past year.
  • Pulkit's remuneration is higher than average for companies of similar size in India.
Management Team

Pulkit Seth

TITLE
Vice-Chairman & MD
COMPENSATION
₹12M
AGE
38
TENURE
5.8 yrs

Sandeep Sabharwal

TITLE
Company Secretary
COMPENSATION
₹2M
TENURE
10.8 yrs

Vinod Vaish

TITLE
Whole-Time Director
COMPENSATION
₹1M
AGE
59

Shefali Seth

TITLE
Whole-Time Director
COMPENSATION
₹7M
AGE
37

Amit Mohan

TITLE
Group Chief Financial Officer
AGE
52

Sumit Kumar

TITLE
Executive Assistant Chairman
AGE
36

Pankaj Bhasin

TITLE
CEO of Woven Division
AGE
45

Anand Bhatia

TITLE
Vice President of Production
AGE
49

Ashish Garg

TITLE
Vice President of Sampling & Merchandising
AGE
40

Sachin Gupta

TITLE
Vice-President of Merchandising & Marketing - SBUYS
AGE
44
Board of Directors Tenure

Average tenure and age of the Pearl Global Industries board of directors in years:

7.2
Average Tenure
63
Average Age
  • The tenure for the Pearl Global Industries board of directors is about average.
Board of Directors

Deepak Seth

TITLE
Non-Executive Chairman
COMPENSATION
₹10K
AGE
67

Pulkit Seth

TITLE
Vice-Chairman & MD
COMPENSATION
₹12M
AGE
38

Vinod Vaish

TITLE
Whole-Time Director
COMPENSATION
₹1M
AGE
59
TENURE
7.2 yrs

Shefali Seth

TITLE
Whole-Time Director
COMPENSATION
₹7M
AGE
37
TENURE
7.2 yrs

Anil Nayar

TITLE
Non-Executive Independent Director
COMPENSATION
₹40K
AGE
68
TENURE
7.2 yrs

Abhishek Goyal

TITLE
Non-Executive Independent Director
COMPENSATION
₹40K
AGE
37
TENURE
1.8 yrs

Rajendra Aneja

TITLE
Non-Executive Independent Director
COMPENSATION
₹10K
AGE
69
TENURE
12.5 yrs

Chittranjan Dua

TITLE
Non-Executive Independent Director
COMPENSATION
₹30K
AGE
67
TENURE
12.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Pearl Global Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Pearl Global Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Pearl Global Industries Limited (NSE:PGIL) A High Quality Stock To Own?

Our data shows Pearl Global Industries has a return on equity of 11% for the last year. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.11 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Did You Manage To Avoid Pearl Global Industries's 40% Share Price Drop?

Unfortunately, that's been the case for longer term Pearl Global Industries Limited (NSE:PGIL) shareholders, since the share price is down 40% in the last three years, falling well short of the market return of around 48%. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the unfortunate three years of share price decline, Pearl Global Industries actually saw its earnings per share (EPS) improve by 11% per year.

Simply Wall St -

Does Pearl Global Industries Limited (NSE:PGIL) Have A Good P/E Ratio?

To keep it practical, we'll show how Pearl Global Industries Limited's (NSE:PGIL) P/E ratio could help you assess the value on offer. … Pearl Global Industries has a price to earnings ratio of 9.31, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Do Directors Own Pearl Global Industries Limited (NSE:PGIL) Shares?

Every investor in Pearl Global Industries Limited (NSE:PGIL) should be aware of the most powerful shareholder groups. … Pearl Global Industries is not a large company by global standards. … View our latest analysis for Pearl Global Industries

Simply Wall St -

Does Pearl Global Industries Limited's (NSE:PGIL) 30% Earnings Growth Make It An Outperformer?

When Pearl Global Industries Limited (NSE:PGIL) announced its most recent earnings (30 September 2018), I did two things: looked at its past earnings track record, then look at what is happening in the industry. … Understanding how Pearl Global Industries performed requires a benchmark rather than trying to assess a standalone number at one point in time. … View our latest analysis for Pearl Global Industries?

Simply Wall St -

Does Pearl Global Industries Limited's (NSE:PGIL) CEO Salary Reflect Performance?

Pulkit Seth became the CEO of Pearl Global Industries Limited (NSE:PGIL) in 2013. … Our data indicates that Pearl Global Industries Limited is worth ₹2.9b, and total annual CEO compensation is ₹12m. … It would therefore appear that Pearl Global Industries Limited pays Pulkit Seth more than the median CEO remuneration at companies of a similar size, in the same market

Simply Wall St -

Does Pearl Global Industries Limited's (NSE:PGIL) PE Ratio Signal A Buying Opportunity?

This analysis is intended to introduce important early concepts to people who are starting to invest. … Pearl Global Industries Limited (NSE:PGIL) is currently trading at a trailing P/E of 11.9, which is lower than the industry average of 14. … View our latest analysis for Pearl Global Industries

Simply Wall St -

Breaking Down Pearl Global Industries Limited's (NSE:PGIL) Ownership Structure

I am going to take a deep dive into Pearl Global Industries Limited’s (NSE:PGIL) most recent ownership structure, not a frequent subject of discussion among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Therefore, it is beneficial for us to examine PGIL's ownership structure in more detail.

Simply Wall St -

Is Pearl Global Industries Limited's (NSE:PGIL) CEO Overpaid Relative To Its Peers?

Pulkit Seth is the CEO of Pearl Global Industries Limited (NSE:PGIL), which has recently grown to a market capitalization of ₹2.73b. … This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor. … View out our latest analysis for Pearl Global Industries

Simply Wall St -

Is Pearl Global Industries Limited (NSE:PGIL) A Financially Sound Company?

Pearl Global Industries Limited (NSE:PGIL) is a small-cap stock with a market capitalization of ₹2.69b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is

Simply Wall St -

Company Info

Description

Pearl Global Industries Limited, together with its subsidiaries, manufactures, sources, distributes, and exports readymade garments. The company offers knits, woven, and bottoms for men, women, and kids. It also provides supply chain solutions. The company offers its products through retailers in India, the United States, Europe, Bangladesh, Hong Kong, and internationally. It also offers products through its e-commerce portal SbuyS.in, as well as through other online retail platforms. The company was formerly known as House of Pearl Fashions Limited. Pearl Global Industries Limited was incorporated in 1989 and is based in Gurugram, India.

Details
Name: Pearl Global Industries Limited
PGIL
Exchange: NSEI
Founded: 1989
₹3,882,177,510
21,663,937
Website: http://www.pearlglobal.com
Address: Pearl Global Industries Limited
Pearl Tower,
Plot No. 51,
Gurugram,
Haryana, 122001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532808 Equity Shares Mumbai Stock Exchange IN INR 15. Feb 2007
NSEI PGIL Equity Shares National Stock Exchange of India IN INR 15. Feb 2007
Number of employees
Current staff
Staff numbers
0
Pearl Global Industries employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 12:48
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2016/05/25
Last earnings filing: 2019/02/12
Last earnings reported: 2018/12/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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 here.