PDS Ltd (NSE:PDSL)

Q4 2026 PDS Ltd Earnings Call Transcript

May 18, 2026 / 10:00 AM GMT

Release Date Price: ₹297.05 (+5.99%)

Transcript

Key Points

Positve

PDS Ltd (BOM:538730) achieved a GMV growth of 5% to approximately Rs. 19,666 crores and a revenue growth of 4% to Rs. 13,110 crores for FY26, outperforming the broader apparel industry.
The order book for FY27 shows promising growth, with an 11% increase overall and a significant 30% increase in North America.
The company has successfully reduced net debt from Rs. 374 crores to Rs. 105 crores, despite acquisitions, through disciplined working capital management.
PDS Ltd is focusing on higher-value service-led sourcing platforms, securing a significant sourcing-as-a-service mandate with a leading U.S. value retailer.
The company has implemented a BCG-led transformation initiative, Project Pulse, to enhance procurement efficiencies and operational improvements, which is expected to yield ongoing benefits.

Negative

The global apparel supply chain faced challenges due to geopolitical disruptions and cautious consumer sentiment, impacting overall industry growth.
EBITDA for the year decreased to Rs. 385 crores from Rs. 457 crores last year, indicating a decline in profitability.
The company experienced a decline in gross margin in some segments, such as the New Lobster business, which saw a significant drop from 30% to 20%.
PDS Ltd's brand business, particularly the Ted Baker arrangement, faced challenges due to the bankruptcy of retail partners, impacting profitability.
Despite improvements, the company remains cautious about macroeconomic uncertainties and potential order deferments, which could affect future growth.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PDSL.NS - PDS Ltd
Q4 2026 PDS Ltd Earnings Call
May 18, 2026 / 10:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, good day and welcome to the PDS Limited Quarter 4 and FY26 Earnings Conference Call.

As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during this conference, please signal an operator by pressing then 0 on your touch-tone phone.

Please note that this conference is being recorded.

I now hand the conference over to Ms. Shirley Rodriguez.

Thank you, and over to you, ma'am.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.