| Revenue growth | 4% YoY for FY26. |
|---|---|
| Margins | Gross margins improved 48bps to 20.6% in FY26. |
| Order book | ₹5,074cr as of April 2026, up 11%. |
| Demand visibility | Encouraging visibility for FY27 via 11% higher order book. |
| Management confidence | High on mid-teens long-term growth. |
Growth
FY26 Revenue grew 4% to ₹13,110cr; GMV grew 5% to ₹19,666cr. PAT declined to ₹178cr from ₹241cr.
Outlook
Targeting 40-50bps annual gross margin improvement and mid-teens growth over the medium-to-long term. Order book up 11%.
Risks
Cautious consumer sentiment, geopolitical disruptions, and challenges in the brand wholesale business (Ted Baker/New Lobster).
Earnings Call filed with BSE, NSE: PDSL. Summary written with AI assistance from the document.
PDS Ltd: key numbers
- Share price
- ₹340.60
- Market cap
- ₹4,818 Cr
- Revenue (annual)
- ₹13,110 Cr
- Net profit (annual)
- ₹111.7 Cr
- P/E (TTM)
- 41.0×Sector 52.0×
- Promoter holding
- 61.37%+0.00% QoQ
- FII holding
- 3.78%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from PDS Ltd
All →PDS Employee Stock Options
PDS Multinational Fashions ESOP Trust acquired 7,000 equity shares of PDS Ltd via market purchase. The transaction, valued at ₹0.25 Crore, was executed on the NSE.
- Value
- ₹0.25 Cr
PDS Merger & Restructuring Worth ₹0.01 Cr
PDS Limited's step-down subsidiary Design COE Limited incorporated Design COE Canada Inc in Ontario, Canada. The fashion sourcing entity was subscribed at approximately ₹1,000 (USD).
- Value
- ₹0.01 Cr
PDS Merger & Restructuring
PDS Limited has completed the transfer of its 49% stake in DBS Lifestyle. Consequent to this disinvestment, the investee entities have ceased to be associates.
PDS Merger & Restructuring Worth ₹9.17 Cr
PDS Limited is selling its 49% stake in associate company DBS Lifestyle for ₹9.17 Crore. This divestment aims to rationalize the company's loss-making portfolio.
- Value
- ₹9.17 Cr
PDS Earnings Call Transcript: Key Takeaways
PDS is pivoting from a platform-building phase to a scaling phase, showing strong revenue growth in North America and significant debt reduction despite recent losses from Ted Baker.
PDS Results Update
PDS Limited reported Q1 FY27 revenue of ₹3,444 crore, a 14.8% YoY increase. The company also posted a 42.7% YoY growth in PAT to ₹29 crore.