PDS Ltd
NSE: PDSL BSE: 538730
PDS Ltd is engaged in trading of garments, investment holding, design, development, marketing, sourcing and distribution of readymade garments of all kinds and other consumer products worldwide.[1]
₹295
52W: ₹246 — ₹465
PE 130 · Book ₹49.4 · +497% vs bookMarket Cap₹4,172 Cr
Stock P/E130Price to Earnings
ROCE5.16%Return on Capital
ROE4.55%Return on Equity
Div. Yield1.11%Face Value ₹2
Strengths
- +Company is almost debt free.
- +Company has been maintaining a healthy dividend payout of 52.7%
- +Company's median sales growth is 23.6% of last 10 years
Weaknesses
- −Tax rate seems low
- −Company has a low return on equity of 12.7% over last 3 years.
- −Earnings include an other income of Rs.58.7 Cr.
- −Promoter holding has decreased over last 3 years: -4.93%
Shareholding Pattern
Promoters61.37%
FIIs3.32%
DIIs5.77%
Public29.38%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 65.73% | 61.69%▼4.0 | 61.52%▼0.2 | 61.42%▼0.1 | 61.41%▼0.0 | 61.41% | 61.4%▼0.0 | 61.37%▼0.0 |
| FIIs | 3.69% | 5.23%▲1.5 | 5.15%▼0.1 | 5%▼0.2 | 4.43%▼0.6 | 3.68%▼0.7 | 3.22%▼0.5 | 3.32%▲0.1 |
| DIIs | 0.91% | 5.3%▲4.4 | 5.74%▲0.4 | 5.74% | 5.92%▲0.2 | 5.66%▼0.3 | 5.78%▲0.1 | 5.77%▼0.0 |
| Public | 29.5% | 27.62%▼1.9 | 27.44%▼0.2 | 27.68%▲0.2 | 28.08%▲0.4 | 29.1%▲1.0 | 29.43%▲0.3 | 29.38%▼0.1 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 134 | 194 | 96 | 111 | 122 | 122 | 48 | 65 | 73 | 71 |
| Expenses | 126 | 198 | 90 | 109 | 119 | 127 | 46 | 66 | 75 | 83 |
| Operating Profit | 8 | -4 | 5 | 2 | 3 | -6 | 1 | 0 | -2 | -12 |
| OPM % | 6% | -2% | 6% | 2% | 3% | -5% | 3% | 0% | -3% | -17% |
| Net Profit | 30 | 41 | 49 | 2 | 5 | 15 | 4 | 1 | 0 | 27 |
| EPS ₹ | 2.26 | 3.13 | 3.74 | 0.16 | 0.37 | 1.09 | 0.27 | 0.05 | 0.02 | 1.93 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹257Cr, down 43.6% YoY. OPM at -5%.
Debt Position
Borrowings at ₹53Cr. Debt-to-equity ratio: 0.08x. Healthy balance sheet.
Institutional Flow
DIIs: 5.77% (+5.20pp change). FIIs: 3.32% (+0.33pp change). Promoters hold 61.37%.
Margin & Efficiency
ROCE improving from -2% (Mar 2015) to 5% (Mar 2026). Working capital days: 17.
Valuation
PE 130x with 5.16% ROCE. Price is 497% above book value of ₹49.4. Dividend yield: 1.11%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d - PDS Limited has informed the stock exchange regarding Newspaper Publication.
- Announcement under Regulation 30 (LODR)-Change in Management 2d - Board approved FY26 audited results, 15th AGM on July 31, 2026, and ₹1.65 final dividend.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 2d - PDS reported FY26 revenue up 4% to ₹13,110 crore, PAT ₹178 crore, and proposed ₹3.30 dividend.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 2d - QIP monitoring report for quarter ended March 31, 2026 shows no deviation; ₹10,799.83 lakh unutilized.
- Announcement under Regulation 30 (LODR)-Investor Presentation 2d - PDS Limited has informed the stock exchange regarding the investor presentation.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse