A Good Q2 For Pearl Global | Expect Working Capital To Normalise To Around 50 Days, Says Company
CNBC-TV18 · 09 Nov 2026 · 9 min
Management interview of Pearl Global Industries Ltd (PGIL), with 8 key numbers discussed.
- Pulkit Seth, Vice Chairman, Pearl Global Industries
Pearl Global reported that minor plant disruptions in Bangladesh due to wage protests lasted only 3-4 days with 3-4% output loss, which the company expects to recover quickly. Bangladesh contributes around 50% of revenue and 45% of EBITDA. The company anticipates Bangladesh wage hikes of 10-12%, which it can absorb comfortably as most workers are paid above minimum wage. Debtor days rose to 60 days in Q2FY27 due to heavy shipping towards the quarter-end, but are guided to improve to 50 days by Q3 and 45-50 days by Q4. Pearl Global maintains its 10%+ EBITDA margin guidance.