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PDS LIMITED — Earnings Release 2026
May 15, 2026
60265_rns_2026-05-15_cc0f2b74-2314-45dd-afb1-5d37b67d422e.pdf
Earnings Release
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PDS
Global | Collaborative | Digital | Ethical
PDS/SE/2026-27/16
May 15, 2026
| Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1 Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400051 Scrip Symbol: PDSL | Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001 Scrip Code: 538730 |
|---|---|
Re: ISIN - INE111Q01021
Sub: Press Release for Financial Statements for the Quarter & Year ended on March 31, 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 Reports Q4FY26 & FY26 Results Revenue Up 11% Q-o-Q and 4% Y-o-Y in FY26, PAT Up 88% Q-o-Q"
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
Digitally signed by Abhishekh
Kanoi
Date: 2026.05.15 20:40:18
+05'30'
Abhishekh Kanoi
Group Legal Head & Company Secretary
ICSI Membership No.: F-9530
Enclosed.: As above
PDS Limited
Registered & Corporate Office Address: Unit No. 1031 & 1032, Solitaire Corporate Park Andheri Ghatkopar Link Road,
Andheri East, Mumbai 400093, Maharashtra, India. +91 2241441100
CIN: L18101MH2011PLC388088 www.pdsltd.com [email protected]
PDS
Global | Collaborative | Digital | Ethical
PDS Reports Q4FY26 & FY26 Results
Revenue Up 11% Q-o-Q and 4% Y-o-Y in FY26, PAT Up 88% Q-o-Q
Mumbai, 15th May 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 the Q4 and FY 2025-26.
Consolidated Financial Results Q4 and FY26:
| Particulars | Q4 FY26 | Q3 FY26 | Growth |
|---|---|---|---|
| Gross Merchandise Value | 4,905 | 4,660 | 5% |
| Revenue from Operations | 3,519 | 3,172 | 11% |
| PAT | 72 | 37 | 95% |
| PAT Margin (%) | 2.0% | 1.2% | 88bps |
(₹ in cr., unless mentioned otherwise)
| FY26 | FY25 | Growth |
|---|---|---|
| 19,666 | 18,744 | 5% |
| 13,110 | 12,578 | 4% |
| 178 | 241 | (26%) |
| 1.4% | 1.9% | (56bps) |
Key Highlights Q4 FY26:
- Clocked GMV: ₹4,905crs up 5% Q-o-Q
- Reported Consolidated Topline of ₹3,519crs up 11% Q-o-Q
- Achieved EBIDTA of ₹122crs, growth of 12% Q-o-Q, with margin of 3.5%, up 2bps
- Achieved PAT of ₹72crs growth of 95% q-o-q, with 2% margin,
Key Highlights for FY26:
- Clocked GMV: ₹19,666crs, up 5% Y-o-Y
- Reported Consolidated Topline of ₹13,110cr, up 4% Y-o-Y
- Gross margin for the year improved by 48 bps to 20.6%
- Achieved PAT for the year of ₹178cr with margin of 1.4%
- Order book as of early April stood at ₹5,074crs up 11%
- Net Working Capital improved from ~17 days to ~4 days
- ₹781cr operating cash flow generated in FY26
- Net Debt reduced from ₹374cr (Mar'25) to ₹105cr (Mar'26).
- Proposed dividend of ₹3.30 per share for FY26 (165% of face value), of which ₹1.65 per share paid in H1FY26 as interim dividend, representing a payout ratio of 42%.
Commenting on the results, Pallak Seth, Executive Vice Chairman said, "FY26 was a challenging year marked by heightened global uncertainties — from evolving U.S. tariff actions and geopolitical conflicts creating persistent trade and supply chain disruptions — all of which weighed on consumer sentiment and demand visibility. Against this backdrop, PDS demonstrated the resilience of its platform by delivering stable growth, supported by deep customer
PDS Limited
Registered & Corporate Office: Unit No. 971, Solitaire Corporate Park, Andheri Ghatkopar Link Road,
Andheri East, Mumbai 400093, Maharashtra, India. +91 2241441100
CIN: L18101MH2011PLC388088 www.pdsltd.com [email protected]
PDS
Global | Collaborative | Digital | Ethical.
relationships & disciplined execution through our diversified sourcing network. We continued to strengthen our U.S. presence, secured a new sourcing-as-a-service mandate with a new value customer having a potential to scale over US$50 million, alongside deeper engagement with existing customers. As global sourcing corridors continue to evolve, PDS remains well positioned to benefit from emerging trade tailwinds, while simultaneously strengthening its competitive advantage through deeper integration of technology and AI across the value chain."
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 $2.2 billion of Gross Merchandise Value. The Company operates a vast global network covering over 90 offices in 22 countries, with over 4,400 employees and 7,500 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).
For more information contact:
Neerja Baruah
Lead - Corporate Communications
PDS Limited
Tel: +91 9867623788
E-mail: [email protected]
Sumana Sethi
Senior Account Manager
PR Pundit Havas Red
Tel: +91 8800985307
[email protected]
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.
PDS Limited
Registered & Corporate Office: Unit No. 971, Solitaire Corporate Park, Andheri Ghatkopar Link Road,
Andheri East, Mumbai 400093, Maharashtra, India. +91 2241441100
CIN: L18101MH2011PLC388088 www.pdsltd.com [email protected]