Mumbai, Aug 10: 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 Q1 FY 2026-27.
Key Highlights Q1 FY26:
Delivered double-digit growth, with Gross Merchandise Value rising 11.1percentage YoY to INR 5,146 crore.
Built a stronger growth pipeline, with the order book increasing 23percentage YoY to INR 6,095 crore.
Achieved profitable growth, with revenue up 14.8percentage YoY, gross margin expanding 63 bps, and PAT increasing 42.7percentage YoY.
Further strengthened the balance sheet, improving net working capital to 1 day and reducing net debt by 73percentage to INR 29 crore.
Advanced portfolio optimization, with new investment verticals moving closer to profitability and strategic rationalization progressing on track.
Expanded strategic partnerships and customer wins, securing marquee mandates with Family Dollar, a leading French retailer, and Pentland Brands – with a combined annual business potential of US$330 million and partnering with Busana Apparel Group to enhance manufacturing capabilities.
Commenting on the results, Pallak Seth, Executive Vice Chairman said,
“The year has begun with encouraging momentum, with broad-based growth across our platform reflected in higher GMV, revenue growth and a healthy order book that provides strong visibility for the quarters ahead. Beyond the financial performance, we continued to strengthen our strategic positioning through marquee customer wins and our partnerships, further expanding the scale and resilience of our global manufacturing network. As global sourcing continues to evolve, PDS remains uniquely positioned to help customers build more agile, diversified and resilient supply chains while creating sustainable long-term value for all stakeholders."
Sanjay Jain Group CEO said,
"The quarter marks another important step in strengthening PDS' financial foundation. Disciplined cash management and tighter working capital controls enabled us to improve net working capital to 1 day and reduce net debt by 73%, significantly strengthening our balance sheet. We continue to advance our new investments towards profitability; the necessary portfolio rationalization is progressing on track. At the same time, we have embarked on our digital and AI transformation journey, which we believe will fundamentally enhance productivity, capital efficiency and operating leverage, positioning PDS for sustainable, profitable long-term growth."