PGIL

What Pearl Global Industries promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q4 FY26

what the last two calls moved 16 tracked 2 delivered 1 missed 13 open
  • FY26 Capital Expenditure delivered said Q4 FY25 Promised: INR 250 crores for the year Q4 FY26: Management confirmed that 'A capex of INR250 crores has already been committed and is expected to be completed by H1 FY '27.' The commitment for the fiscal year has been met.
  • FY26 Volume Growth missed said Q4 FY25 Promised: 12% to 14% volume growth even in this current financial year FY '26 Q4 FY26: FY26 is complete. While FY26 revenue grew 11.5%, this included price/mix changes. Given H1 volume growth was only 3-3.5% and the India segment saw sharp degrowth in Q4, the 12-14% volume growth target was not met. Management focus has shifted to a long-term CAGR.
  • Long-term Revenue CAGR revised down said Q3 FY26 Promised: compounded growth of anywhere between 12% to 15% Q4 FY26: Management revised the guidance slightly downwards, stating '12% to 14% CAGR is something we are working upon.'

The rest of the ledger

Above is what the last two calls moved. Pro opens all 16 tracked commitments for Pearl Global Industries — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens