Consumer Discretionary · Q1FY27 · Consolidated

Pearl Global posts Rs 99.23 cr profit, but margin trails peers

Its 10.72% operating margin was 2.56 percentage points below the median of 89 Consumer Discretionary companies that have reported.

By Ashutosh

Filed 05 Aug 2026, 20:44 IST · after market close · Pearl Global Industries Ltd (PGIL)

Key takeaways

  • Pearl Global's consolidated operating margin was 10.72%, 2.56 percentage points below the Consumer Discretionary peer median.
  • Consolidated net profit stood at Rs 99.23 cr, with EPS of Rs 21.77 for Q1FY27.
  • The company filed results after market close, leaving no post-results share-price reaction to assess yet.

Price around the results

Profit delivered with a 10.72% operating margin

Pearl Global reported consolidated revenue of Rs 1,528.26 cr and operating profit of Rs 163.83 cr in Q1FY27, resulting in a 10.72% operating margin. Net profit was Rs 99.23 cr, while EPS was Rs 21.77. With no YoY or QoQ comparison in the reported data, the quarter is best assessed against its sector position.

Margin lagged the Consumer Discretionary peer set

Among 89 Consumer Discretionary companies that have reported the same quarter, the median operating margin was 13.28%. Pearl Global's 10.72% margin was 2.56 percentage points lower and placed it 33rd from the bottom. This makes operating efficiency the clearest relative weakness visible in the quarter.

Interest and tax shaped reported profit

Interest expense was Rs 26.58 cr and depreciation was Rs 25.67 cr, while other income was Rs 7.99 cr. The reported tax rate was 17.00%. The results were filed at 20:44 IST on 5 August 2026, after market close, so there is no market reaction to put against the company's prior-results history.

Q1FY27 at a glance

Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.

Line itemQ1FY27
Revenue₹1,528 cr
Other income₹8 cr
Expenses₹1,364 cr
Operating profit₹164 cr
Operating margin (%)10.72%
Interest₹27 cr
Depreciation₹26 cr
Profit before tax₹120 cr
Tax₹20 cr
Net profit₹99 cr
EPS (₹)₹21.77

Operating margin of 10.72% compares with a Consumer Discretionary sector median of 13.28% across 89 peers that have reported Q1FY27.

What to watch

  • Whether operating margin moves up from 10.72% and narrows the gap to the 13.28% sector median.
  • Whether interest expense remains around the reported Rs 26.58 cr.
  • Whether the tax rate stays near 17.00%.