{"id":133754,"date":"2022-09-08T03:35:53","date_gmt":"2022-09-08T07:35:53","guid":{"rendered":"https:\/\/44.250.171.167\/?p=133754"},"modified":"2022-10-06T05:00:19","modified_gmt":"2022-10-06T09:00:19","slug":"pearl-global-industries-limited-q1-fy23-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/pearl-global-industries-limited-q1-fy23-earnings-conference-call-insights\/","title":{"rendered":"Pearl Global Industries Limited Q1 FY23 Earnings Conference Call Insights"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Pearl Global Industries Limited Q1 FY23 Earnings Concall\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/svQVX13KZjo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Key highlights from Pearl Global Industries Limited (<a href=\"https:\/\/44.250.171.167\/symbol\/PGIL\/\">PGIL<\/a>) Q1 FY23 Earnings Concall<\/strong><\/p>\n<p><strong>Management Update:<\/strong><\/p>\n<ul>\n<li>PGIL said it reported the highest ever Q1 performance since inception.<\/li>\n<\/ul>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Keshav Kumar of RakSan Investors asked if PGIL\u2019s partnership model is similar to what the related party PDS is doing with the sourcing business. Pallab Banerjee MD said that the model is different from PDS model. In PDS, it\u2019s more of a trading and sourcing model, while PGIL present itself to customer as a manufacturer.<\/li>\n<\/ul>\n<ul>\n<li>Hemant Shah of Edha Wealth asked that since Q1 has been a record quarter, if it\u2019s fair to assume that PGIL can do a topline of about INR3,100 crore for FY23. Pallab Banerjee MD replied that that number is in the target line in FY23. And with 1Q23 being encouraging, and with utilization improving, PGIL is hopeful of breaching the INR3,000 crore mark.<\/li>\n<\/ul>\n<ul>\n<li>Hemant Shah of Edha Wealth enquired about the traction in 1Q23 for the phenomenal growth. Pallab Banerjee MD replied that the company had all three strategy of acquiring new customers, better efficiency and better mix that helped in this growth.<\/li>\n<\/ul>\n<ul>\n<li>Hemant Shah of Edha Wealth also asked about the sustainability of 7-8% margin level going forward for FY23. Pallab Banerjee MD answered that the whole plan and strategy is made for that. However, there could be certain risks in the market or in the macro factors.<\/li>\n<\/ul>\n<ul>\n<li>Parth Desai with HCM asked about the current capacity utilization for FY22 and 1Q23. Pallab Banerjee MD said that the company has established its factories and partner factories. PGIL has a capacity of almost about 80 million plus and out of that it\u2019s currently in the range of 65% utilization. Also, without any major capex, PGIL said it can get to the 80 million type capacity.<\/li>\n<\/ul>\n<ul>\n<li>Parth Desai with HCM enquired that from a client perspective, if majority of clients are in the US and if there is any scope for geographic expansion. Pallab Banerjee MD answered that PGIL\u2019s major business is US, more towards 90%. However, the company added that this should change a little bit going forward.<\/li>\n<\/ul>\n<ul>\n<li>Akshay Kothari of Envision Capital asked if there is any slump in demand due to ongoing recession in US since it\u2019s PGIL\u2019s major market. Pallab Banerjee MD clarified that currently US is going through high inflation and fear of recession. PGIL is impacted more in the short run due to the inventory level resulting from US inflation.<\/li>\n<\/ul>\n<ul>\n<li>Akshay Kothari of Envision Capital asked about the current revenue from the partnership facility. Pallab Banerjee MD said the percentage grew up from 2% level to 20% in India. So standalone revenue is INR320 crore plus.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Pearl Global Industries Limited (PGIL) Q1 FY23 Earnings Concall Management Update: PGIL said it reported the highest ever Q1 performance since inception. Q&amp;A Highlights: Keshav Kumar of RakSan Investors asked if PGIL\u2019s partnership model is similar to what the related party PDS is doing with the sourcing business. Pallab Banerjee MD said [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"Pearl Global Industries Limited Q1 FY23 Earnings Conference Call Insights #PGIL #Q1 #FY23 #Earnings","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392],"tags":[8888,8879],"class_list":["post-133754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","tag-apparel-manufacturing","tag-apparel-retail"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":136107,"url":"https:\/\/alphastreet.com\/india\/pearl-global-industries-limited-pgil-q1-fy23-earnings-concall-transcript\/","url_meta":{"origin":133754,"position":0},"title":"Pearl Global Industries Limited (PGIL) Q1 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"August 16, 2022","format":false,"excerpt":"Pearl Global Industries Limited (NSE: PGIL) Q1 FY23 Earnings Concall dated Aug. 16, 2022 Corporate Participants: Pallab Banerjee\u00a0--\u00a0Managing Director Sanjay Gandhi\u00a0--\u00a0Chief Financial Officer Analysts: Keshav Kumar\u00a0--\u00a0RakSan Investors -- Analyst Hemant Shah\u00a0--\u00a0EdhaWealth -- Analyst Parth Desai\u00a0--\u00a0HCM -- Analyst Akshay Kothari\u00a0--\u00a0Envision Capital -- Analyst Vignesh Iyer\u00a0--\u00a0Sequent Investments -- Analyst Pulkit Singhal\u00a0--\u00a0Dalmus Capital\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":140610,"url":"https:\/\/alphastreet.com\/india\/pearl-global-industries-limited-pgil-q3-fy23-earnings-concall-transcript\/","url_meta":{"origin":133754,"position":1},"title":"Pearl Global Industries Limited (PGIL) Q3 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"February 9, 2023","format":false,"excerpt":"Pearl Global Industries Limited (NSE:PGIL) Q3 FY23 Earnings Concall dated Feb. 08, 2023. Corporate Participants: Pallab Banerjee\u00a0--\u00a0Managing Director Sanjay Gandhi\u00a0--\u00a0Group Chief Financial Office Analysts: Nisarg Vakharia\u00a0--\u00a0NV Alpha Fund Management -- Analyst Vishal Prasad\u00a0--\u00a0ET Capital -- Analyst Pulkit Singhal\u00a0--\u00a0Dalmus Capital Management -- Analyst Riddhesh Gandhi\u00a0--\u00a0Discovery Capital -- Analyst Unidentified Participant\u00a0--\u00a0-- Analyst\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":179952,"url":"https:\/\/alphastreet.com\/india\/pearl-global-industries-reports-13-2-revenue-growth-in-9m-fy26-as-u-s-tariff-relief-boosts-outlook\/","url_meta":{"origin":133754,"position":2},"title":"Pearl Global Industries Reports 13.2% Revenue Growth in 9M FY26 as U.S. Tariff Relief Boosts Outlook","author":"Staff Correspondent","date":"February 8, 2026","format":false,"excerpt":"Pearl Global Industries Limited (NSE: PGIL), a global apparel manufacturing and sourcing company reported its unaudited financial results for the quarter and nine-month period ended December 31, 2025, highlighting a resilient performance despite a complex global macroeconomic environment. PGIL posted strong nine-month revenue and EBITDA growth, driven by overseas manufacturing\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":146854,"url":"https:\/\/alphastreet.com\/india\/pearl-global-industries-limited-pgil-q4-fy23-earnings-concall-transcript\/","url_meta":{"origin":133754,"position":3},"title":"Pearl Global Industries Limited (PGIL) Q4 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"May 21, 2023","format":false,"excerpt":"Pearl Global Industries Limited (NSE:PGIL) Q4 FY23 Earnings Concall dated May. 17, 2023. Corporate Participants: Pallab Banerjee\u00a0--\u00a0Managing Director Sanjay Gandhi\u00a0--\u00a0Group Chief Financial Officer Analysts: Keshav Kumar\u00a0--\u00a0RakSan Investors -- Analyst Vishal Prasad\u00a0--\u00a0VB Capital -- Analyst Aditya Sen\u00a0--\u00a0RoboCapital -- Analyst Faisal Hawa\u00a0--\u00a0H. G Hawa and Company -- Analyst Pulkit Singhal\u00a0--\u00a0Dahlman -- Analyst\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":156976,"url":"https:\/\/alphastreet.com\/india\/pearl-global-industries-ltd-q2fy24-50-rise-in-profits\/","url_meta":{"origin":133754,"position":4},"title":"Pearl Global Industries Ltd Q2FY24; 50% rise in Profits","author":"Chirag Gupta","date":"November 30, 2023","format":false,"excerpt":"Pearl Global Industries Ltd. incorporated in 1987. Pearl Global Industries Limited (PGIL) is a garment exporter, manufacturing from multiple sourcing regions within India and countries within South Asia. The product range includes knits, woven, and bottoms across men, women, and kids' wear segments. Financial Results: Pearl Global Industries Ltd reported\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-421.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-421.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-421.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-421.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-421.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-421.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":180470,"url":"https:\/\/alphastreet.com\/india\/pearl-global-industries-limited-pgil-q3-2026-earnings-call-transcript\/","url_meta":{"origin":133754,"position":5},"title":"Pearl Global Industries Limited (PGIL) Q3 2026 Earnings Call Transcript","author":"News desk","date":"February 12, 2026","format":false,"excerpt":"Pearl Global Industries Limited (NSE: PGIL) Q3 2026 Earnings Call dated Feb. 07, 2026 Corporate Participants: Shishir Gahoi \u2014 Head of Investor Relations Pallab Banerjee \u2014 Managing Director Sanjay Gandhi \u2014 Chief Financial Officer Analysts: Unidentified Participant Kishore Kumar \u2014 Analyst Bharat \u2014 Analyst Prateek Podar \u2014 Analyst Sunny Vishay\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/133754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=133754"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/133754\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=133754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=133754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=133754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}