Pearl Global Industries Limited Net Assets
Pearl Global Industries Limited net assets. Based on the latest financial reports, Pearl Global Industries Limited (PGIL) has net assets worth Rs14.38 Billion INR (≈ $155.51 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs32.45 Billion ≈ $350.90 Million USD) and total liabilities (Rs18.07 Billion ≈ $195.39 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is Pearl Global Industries Limited growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs14.38 Billion |
| % of Total Assets | 44.32% |
| Annual Growth Rate | 13.8% |
| 5-Year Change | 133.87% |
| 10-Year Change | 271.5% |
| Growth Volatility | 60.97 |
Net Assets of Pearl Global Industries Limited (2002–2026)
Net assets of Pearl Global Industries Limited from 2002 to 2026. This chart illustrates how Pearl Global Industries Limited's net assets have evolved over time, based on quarterly financial data. See Pearl Global Industries Limited balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Pearl Global Industries Limited (2002–2026)
The table below shows the annual net assets of Pearl Global Industries Limited from 2002 to 2026. For live market cap and overall valuation, see Pearl Global Industries Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs14.38 Billion ≈ $155.51 Million |
+25.43% |
| 2025-03-31 | Rs11.46 Billion ≈ $123.99 Million |
+40.25% |
| 2024-03-31 | Rs8.17 Billion ≈ $88.41 Million |
+10.06% |
| 2023-03-31 | Rs7.43 Billion ≈ $80.33 Million |
+20.80% |
| 2022-03-31 | Rs6.15 Billion ≈ $66.50 Million |
+15.98% |
| 2021-03-31 | Rs5.30 Billion ≈ $57.33 Million |
+3.24% |
| 2020-03-31 | Rs5.14 Billion ≈ $55.54 Million |
+6.68% |
| 2019-03-31 | Rs4.81 Billion ≈ $52.06 Million |
+18.93% |
| 2018-03-31 | Rs4.05 Billion ≈ $43.78 Million |
+4.57% |
| 2017-03-31 | Rs3.87 Billion ≈ $41.86 Million |
+9.34% |
| 2016-03-31 | Rs3.54 Billion ≈ $38.29 Million |
+8.17% |
| 2015-03-31 | Rs3.27 Billion ≈ $35.39 Million |
-55.84% |
| 2014-03-31 | Rs7.41 Billion ≈ $80.15 Million |
+13.53% |
| 2013-03-31 | Rs6.53 Billion ≈ $70.60 Million |
+19.10% |
| 2012-03-31 | Rs5.48 Billion ≈ $59.27 Million |
+16.29% |
| 2011-03-31 | Rs4.71 Billion ≈ $50.97 Million |
+3.73% |
| 2010-03-31 | Rs4.54 Billion ≈ $49.14 Million |
-3.28% |
| 2009-03-31 | Rs4.70 Billion ≈ $50.80 Million |
+8.26% |
| 2008-03-31 | Rs4.34 Billion ≈ $46.93 Million |
+11.05% |
| 2007-03-31 | Rs3.91 Billion ≈ $42.26 Million |
+302.97% |
| 2006-03-31 | Rs969.62 Million ≈ $10.49 Million |
+32.18% |
| 2005-03-31 | Rs733.57 Million ≈ $7.93 Million |
+3.02% |
| 2004-03-31 | Rs712.07 Million ≈ $7.70 Million |
+7.17% |
| 2003-03-31 | Rs664.44 Million ≈ $7.19 Million |
+2.72% |
| 2002-03-31 | Rs646.84 Million ≈ $7.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Pearl Global Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 991529400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Pearl Global Industries Limited Net Assets Breakdown (March 2026)
Pearl Global Industries Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs9.92 Billion | 67.92% |
| Common Stock | Rs230.73 Million | 1.58% |
| Other Comprehensive Income | Rs966.28 Million | 6.62% |
| Other Components | Rs3.49 Billion | 23.88% |
| Total Equity | Rs14.60 Billion | 100.00% |
Pearl Global Industries Limited Competitors by Market Cap
The table below lists competitors of Pearl Global Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pagaya Technologies Ltd.
NASDAQ:PGY
|
$1.27 Billion |
|
Utz Brands Inc
NYSE:UTZ
|
$1.27 Billion |
|
Amalgamated Bank
NASDAQ:AMAL
|
$1.27 Billion |
|
New Guomai Digital Culture Co Ltd
SHG:600640
|
$1.27 Billion |
|
Wondershare Technology Co Ltd Class A
SHE:300624
|
$1.27 Billion |
|
Five-Star Business Finance Limited
NSE:FIVESTAR
|
$1.26 Billion |
|
Chengzhi Shareholding Co Ltd
SHE:000990
|
$1.26 Billion |
|
Nations Technologies Inc
SHE:300077
|
$1.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pearl Global Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 11,556,995,000 to 14,598,148,000, a change of 3,041,153,000 (26.3%).
- Net income of 2,776,538,000 contributed positively to equity growth.
- Dividend payments of 603,660,000 reduced retained earnings.
- New share issuances of 65,847,000 increased equity.
- Other comprehensive income increased equity by 743,777,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs2.78 Billion | +19.02% |
| Dividends Paid | Rs603.66 Million | -4.14% |
| Share Issuances | Rs65.85 Million | +0.45% |
| Other Comprehensive Income | Rs743.78 Million | +5.1% |
| Other Changes | Rs58.65 Million | +0.4% |
| Total Change | Rs- | 26.31% |
Book Value vs Market Value Analysis
This analysis compares Pearl Global Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.01x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 38.70x to 8.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs32.74 | Rs1267.10 | x |
| 2007-03-31 | Rs119.09 | Rs1267.10 | x |
| 2008-03-31 | Rs101.50 | Rs1267.10 | x |
| 2009-03-31 | Rs112.32 | Rs1267.10 | x |
| 2010-03-31 | Rs104.23 | Rs1267.10 | x |
| 2011-03-31 | Rs107.61 | Rs1267.10 | x |
| 2012-03-31 | Rs119.87 | Rs1267.10 | x |
| 2013-03-31 | Rs141.71 | Rs1267.10 | x |
| 2014-03-31 | Rs160.48 | Rs1267.10 | x |
| 2015-03-31 | Rs146.52 | Rs1267.10 | x |
| 2016-03-31 | Rs79.53 | Rs1267.10 | x |
| 2017-03-31 | Rs173.35 | Rs1267.10 | x |
| 2018-03-31 | Rs91.20 | Rs1267.10 | x |
| 2019-03-31 | Rs108.44 | Rs1267.10 | x |
| 2020-03-31 | Rs115.53 | Rs1267.10 | x |
| 2021-03-31 | Rs119.27 | Rs1267.10 | x |
| 2022-03-31 | Rs138.29 | Rs1267.10 | x |
| 2023-03-31 | Rs83.24 | Rs1267.10 | x |
| 2024-03-31 | Rs91.87 | Rs1267.10 | x |
| 2025-03-31 | Rs123.03 | Rs1267.10 | x |
| 2026-03-31 | Rs158.15 | Rs1267.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pearl Global Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.53%
- • Asset Turnover: 1.55x
- • Equity Multiplier: 2.22x
- Recent ROE (19.02%) is above the historical average (9.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 2.16% | 1.20% | 0.79x | 2.29x | Rs-34.29 Million |
| 2003 | 11.14% | 5.41% | 0.90x | 2.28x | Rs5.11 Million |
| 2004 | 14.88% | 7.30% | 0.86x | 2.36x | Rs22.86 Million |
| 2006 | 5.78% | 3.52% | 0.47x | 3.50x | Rs-40.91 Million |
| 2007 | 13.53% | 5.17% | 1.22x | 2.14x | Rs124.52 Million |
| 2008 | 12.63% | 4.63% | 1.28x | 2.13x | Rs104.26 Million |
| 2009 | 1.23% | 0.37% | 1.54x | 2.15x | Rs-384.29 Million |
| 2010 | 2.17% | 0.48% | 1.79x | 2.51x | Rs-318.16 Million |
| 2011 | 4.66% | 0.88% | 1.83x | 2.90x | Rs-224.04 Million |
| 2012 | 6.06% | 1.13% | 2.03x | 2.65x | Rs-204.46 Million |
| 2013 | 3.87% | 0.62% | 2.20x | 2.82x | Rs-376.10 Million |
| 2014 | 5.56% | 0.82% | 2.46x | 2.75x | Rs-308.91 Million |
| 2015 | 7.90% | 2.45% | 1.39x | 2.31x | Rs-66.74 Million |
| 2016 | 10.64% | 2.63% | 1.69x | 2.39x | Rs22.06 Million |
| 2017 | 8.92% | 2.20% | 1.70x | 2.38x | Rs-40.47 Million |
| 2018 | 6.09% | 1.61% | 1.60x | 2.37x | Rs-154.32 Million |
| 2019 | 14.32% | 3.83% | 1.60x | 2.34x | Rs202.93 Million |
| 2020 | 4.31% | 1.28% | 1.35x | 2.50x | Rs-284.93 Million |
| 2021 | 3.34% | 1.16% | 1.15x | 2.50x | Rs-344.50 Million |
| 2022 | 11.38% | 2.51% | 1.52x | 2.97x | Rs82.52 Million |
| 2023 | 20.66% | 4.73% | 1.77x | 2.46x | Rs770.08 Million |
| 2024 | 21.80% | 5.09% | 1.73x | 2.48x | Rs946.31 Million |
| 2025 | 21.49% | 5.51% | 1.74x | 2.25x | Rs1.33 Billion |
| 2026 | 19.02% | 5.53% | 1.55x | 2.22x | Rs1.32 Billion |
Industry Comparison
This section compares Pearl Global Industries Limited's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $-511,455,192
- Average return on equity (ROE) among peers: 7.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pearl Global Industries Limited (PGIL) | Rs14.38 Billion | 2.16% | 1.26x | $1.27 Billion |
| Aditya Birla Fashion and Retail Limited (ABFRL) | $12.10 Million | 100.83% | 2.13x | $516.36 Million |
| Arvind Fashions Limited (ARVINDFASN) | $100.00 Million | -88.71% | 6.66x | $507.47 Million |
| Bang Overseas Limited (BANG) | $832.11 Million | 3.84% | 0.99x | $4.28 Million |
| Bhandari Hosiery Exports Limited (BHANDARI) | $739.08 Million | 7.19% | 1.78x | $9.25 Million |
| Cantabil Retail India Limited (CANTABIL) | $724.17 Million | 3.99% | 0.86x | $222.78 Million |
| Dollar Industries Limited (DOLLAR) | $8.60 Billion | 10.59% | 0.72x | $150.77 Million |
| Future Lifestyle Fashions Limited (FLFL) | $-18.81 Billion | 0.00% | 0.00x | $1.70 Million |
| Gokaldas Exports Limited (GOKEX) | $2.27 Billion | 13.41% | 3.08x | $561.23 Million |
| Iris Clothings Limited (IRISDOREME) | $321.65 Million | 12.25% | 1.54x | $103.37 Million |
| Nandani Creation Limited (JAIPURKURT) | $103.76 Million | 8.21% | 2.37x | $5.38 Million |
About Pearl Global Industries Limited
Pearl Global Industries Limited, together with its subsidiaries, manufactures and sells readymade garments in India and internationally. The company offers knits, wovens, denim, outerwear, sleepwear and lounge, childrenswear, woven and knit garments, womenswear, menswear, activewear, and athleisure. It is also involved in the trading of ready-to-wear apparel; and skill development business. The c… Read more