PDS Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
PDS Limited reported Q1 FY27 revenue growth of 15% year-on-year to ₹3,444 crores, with GMV up 11% to ₹5,146 crores, led by 48% sales growth in North America. EBITDA rose 90% year-on-year to ₹96 crores with margin expanding to 2.8%, while profit after tax grew 43% to ₹29 crores. Management also reported the order book grew 23% year-on-year to ₹6,095 crores and net debt fell 73% to about ₹29 crores.
PDS Limited reported FY26 GMV growth of 5% to approximately ₹19,666 crores and revenue growth of 4% to ₹13,110 crores, with gross margins improving 48 basis points to 20.6%. EBITDA declined to ₹385 crores from ₹457 crores last year, while PAT fell to ₹178 crores from ₹241 crores, though Q4 PAT rose sharply quarter-on-quarter. Management highlighted a reduction in net debt to about ₹105 crores, net working capital days falling to about 4 days, and an order book of ₹5,074 crores as of early April reflecting roughly 11% growth, with North America order book up close to 30%.