BSECompany Update5d ago · 4 Nov 2026, 07:25 pm
PDS Limited has informed the stock exchange regarding Press Release.
PDS Ltd · 538730
✦ AI Summary▲ PositiveResults
PDS Ltd has announced its consolidated financial results for Q2 FY2026-27, reporting a 28.7% Q-o-Q growth in revenue to ₹4,432cr, with PAT up 144.4% Q-o-Q to ₹70cr. The company has also declared an interim dividend of ₹2.20 per share, up 33% compared to last year.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
PDS Ltd - 538730 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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PDS/SE/2026-27/80 November 4, 2026
Listing Department Corporate Relationship Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1 Block G, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Bandra (E), Dalal Street,
Mumbai - 400051 Mumbai- 400001
Scrip Symbol: PDSL Scrip Code: 538730
Re: ISIN - INE111Q01021
Sub: Press Release for Financial Statements for the quarter & half year ended on September 30,
2026.
Dear Sir/ Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find enclosed herewith the Press Release titled “PDS Delivers Highest-
Ever Quarterly Revenue of ₹4,432 Cr in Q2FY27, Revenue up 29%, PAT up 144% vs Q1FY27”
We request you to kindly take the above information on record for the purpose of dissemination
to the shareholders.
Thanking you,
Yours faithfully,
for PDS Limited
Abhishekh Kanoi
Group General Counsel & Company Secretary
ICSI Membership No.: F-9530
Enclosed.: As above
PDS Delivers Highest-Ever Quarterly Revenue of ₹4,432 Cr in Q2FY27
Revenue up 29%, PAT up 144% vs Q1FY27
Mumbai, 4th November 2026: PDS Limited, the global supply chain solutions company offering
customized solutions to global brands and retailers across services like product development, sourcing,
manufacturing, and brand management, announced its consolidated financial results for Q2 FY2026-27.
Consolidated Financial Results Q2 and H1 FY27: (₹ in cr., unless mentioned otherwise)
Growth Growth Growth
Particulars Q2 FY27 Q1 FY27 Q2 FY26 H1 FY27 H1 FY26
(%) (%) (%)
Revenue from
4,432 3,444 28.7% 3,419 29.6% 7,876 6,419 22.7%
Operations
EBITDA 153 96 59.3% 103 48.7% 249 154 62.3%
EBITDA Margin (%) 3.5% 2.8% 66 bps 3.0% 44 bps 3.2% 2.4% 77 bps
PAT 70 29 144.4% 48 44.2% 98 68 43.8%
PAT Margin (%) 1.6% 0.8% 75 bps 1.4% 16 bps 1.3% 1.1% 18 bps
Key Highlights for Q2 FY27:
Reported Topline of ₹4,432crs up 28.7% Q-o-Q, recording highest quarterly revenue
Achieved EBIDTA of ₹153crs, growth of 59.3% Q-o-Q, with margin of 3.5%, up 66bps
Achieved PAT of ₹70crs growth of 144.4% Q-o-Q, with 1.6% margin
Key Highlights for H1 FY27:
Reported Consolidated Topline of ₹7,876crs, up 22.7% Y-o-Y
Achieved EBITDA of ₹249crs, up 62.3% Y-o-Y, with margin of 3.2%, up 77bps
Achieved PAT of ₹98crs, up 43.8% Y-o-Y, with margin of 1.3%
Strengthened balance sheet to a net cash positive position of ₹154crs
Improved net working capital days to -5 days
Declared an interim dividend of ₹2.20 per share, up 33% compared to last year
Commenting on the results, Pallak Seth, Executive Vice Chairman said, “Q2 FY27 marks a defining quarter
for PDS, with our highest-ever quarterly revenue delivered alongside margin expansion. H1 reflects broad-
based double-digit growth across categories, with North America up ~44% as our strategic initiatives gain
traction. Our growth model is built on landing new customers and expanding our wallet share with them
over time, by deepening engagement across more categories, geographies and services. Backed by our
diversified, multi-country network and end-to-end capabilities, we are well placed to meet evolving customer
needs and expand our service offerings. This positions PDS to capitalize on emerging opportunities while
sustaining profitable growth and creating long-term value.”
Group CEO, Sanjay Jain commented, ‘’Q2 FY27 marks another step in strengthening the financial
foundation of PDS. Disciplined cash management and tighter working capital controls have moved us to a
net cash positive position of ₹154crs, with net working capital improving to -5 days. We are making steady
progress in taking our newer investments towards profitability, and portfolio rationalization is on track. In
parallel, we have begun executing our digital and AI transformation roadmap, which will redefine how we
operate across the value chain. These initiatives are expected to lift productivity, enhance operating leverage
and optimize capital allocation, strengthening our ability to deliver sustainable, profitable growth over the
long term”
About PDS Limited: (www.pdsltd.com)
PDS Limited is a global fashion infrastructure platform offering product development, sourcing,
manufacturing, and distribution for major brands and retailers worldwide handling over $2.2billion of Gross
Merchandise Value. The Company operates a vast global network covering over 90 offices in 22 countries,
with over 4,400 employees and 5,500 factory associates worldwide. PDS also offers a bespoke end-to-end
outsourcing solution, engaging dedicated talent and infrastructure as an extended arm of retailers and
brands. The Company reported consolidated revenues of ₹13,110cr in FY26.
PDS is listed on leading stock exchanges in India, BSE Ltd. (Scrip Code: 538730) and the National Stock
Exchange of India Ltd (Scrip Code: PDSL).
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For more information contact:
Neerja Baruah Sumana Sethi
Lead - Corporate Communications Senior Account Manager
PDS Limited PR Pundit Havas Red
Tel: +91 9867623788 Tel: +91 8800985307
E-mail: neerja.baruah@pdsltd.com sumana.sethi@prpundithavasred.com
DISCLAIMER:
Certain statements that are made in the Press Release may be forward-looking statements. Such forward-
looking statements are subject to certain risks and uncertainties like significant changes in the economic
environment in India and overseas, tax laws, inflation, litigation, etc. Actual results might differ substantially
from those expressed or implied. PDS Limited. will not be in any way responsible for any action taken based
on such statements and discussions and undertakes no obligation to publicly update these forward-
looking statements to reflect subsequent events or circumstances.