Pearl Global IndustriesNSE:PGIL -2.01%89 Gross Margin % is 48.86% as of Mar. 2026, which is 35% above its 10-year median of 36.19. GuruFocus rates NSE:PGIL with a GF Score™ of 89/100 and a GF Value™ of ₹1,345.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, Pearl Global Industries ranks better than 74.8% on this metric.
NSE:PGIL's Gross Margin % is ranked better than 74.8% of 1020
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.51
vs NSE:PGIL: 47.58
Pearl Global Industries had a gross margin of 48.86% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Pearl Global Industries was 2.00% per year.
Pearl Global Industries (NSE:PGIL) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Pearl Global Industries had a gross margin of 48.86% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Pearl Global Industries Gross Margin % Related Terms
Pearl Global Industries Gross Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:PGIL vs RL, LEVI, VFC: Gross Margin % Comparison
For the Apparel Manufacturing subindustry, Pearl Global Industries's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Pearl Global Industries Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pearl Global Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Pearl Global Industries's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Pearl Global Industries (NSE:PGIL) has a Gross Margin % of 48.86% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Pearl Global Industries and its competitors. This is 35% above median its historical median of 36.19. Over the past decade, Pearl Global Industries' Gross Margin % has ranged from 28.51 to 47.58. According to the industry distribution chart, Pearl Global Industries ranks #257 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.2%.
Is Pearl Global Industries' Gross Margin % too high?
Pearl Global Industries' current Gross Margin % of 48.86% is 35% above median its 10-year median of 36.19. Over the past 10 years, this metric has ranged from a low of 28.51 to a high of 47.58. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.51. Pearl Global Industries' value of 48.86% is 71.4% above this industry median. Based on the distribution chart, Pearl Global Industries ranks #257 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Pearl Global Industries has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pearl Global Industries' Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Pearl Global Industries ranks #257 out of 1020 companies for Gross Margin %. This puts Pearl Global Industries in the upper half of its industry. The industry median Gross Margin % is 28.51. Pearl Global Industries' value of 48.86% is 71.4% above this benchmark. Historically, Pearl Global Industries' own Gross Margin % has ranged from 28.51 to 47.58 over the past decade. While the company's 10-year median is 36.19 vs. the industry median of 28.51, Pearl Global Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.51, based on 1,020 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pearl Global Industries's current Gross Margin % of 48.86% is 71.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Pearl Global Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pearl Global Industries's current Gross Margin % is 48.86%, which is 35% above median its own 10-year median of 36.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pearl Global Industries stock overvalued right now?
Based on GuruFocus' analysis, Pearl Global Industries (NSE:PGIL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,345.58, compared to a current price of ₹1,975.80 — trading 46.8% above its estimated fair value. The current Gross Margin % is 48.86%, which is 35% above median its 10-year median of 36.19 and 71.4% above the Manufacturing - Apparel & Accessories industry median of 28.51. Pearl Global Industries' overall GF Score™ is 89/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Pearl Global Industries (NSE:PGIL), the current Gross Margin % is 48.86% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Pearl Global Industries (NSE:PGIL) Overvalued in 2026?
Based on GuruFocus' analysis, Pearl Global Industries stock appears to be overvalued.
The current stock price of ₹1,975.80 is trading 46.8% above its estimated GF Value™ of ₹1,345.58.
GuruFocus considers Pearl Global Industries to be Significantly Overvalued.
Key valuation signals for NSE:PGIL:
Gross Margin %: 48.86% (35% above median its 10-year median of 36.19)
GF Value™: ₹1,345.58 vs. price of ₹1,975.80 (46.8% above fair value)
Industry Position: 71.4% above the Manufacturing - Apparel & Accessories median (#257 of 1020)
No single metric tells the full story. See the NSE:PGIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pearl Global Industries Ltd is engaged in the manufacturing, sourcing, distribution, and export of ready-to-wear apparel through its domestic and global facilities and operations. The geographical segments of the company include Hong Kong, Bangladesh, India, and Others. The company earns majority of its revenue outside India. The company's product range comprises of knits, woven and bottoms across men, women, and kids wear segments.
89GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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