Aug 11, 2022 04:01 PM
Textiles firm PDS Announced Q1FY23 Result :
Mr. Pallak Seth, Vice Chairman, PDS Limited expressed, “The developed markets are facing headwinds with inflation, rising cost, and uncertainties due to geopolitical factors. However, this is creating opportunities for PDS to win strategic long-term contracts by offering exclusive sourcing as a service to leading retailers and brands. We expect to continue our growth trajectory with cautious optimism. It’s our multi-country, multi-product business model that makes us stronger and makes us deliver a robust performance in spite of macro challenges.”
Commenting on the results, Mr. Sanjay Jain, Group CEO, PDS Limited said, “Today, we are no longer just a fashion company but have transformed into a global innovation-led fashion infrastructure company, powered by a robust governance framework. Our agility and robust business model have enabled us to deliver strong topline growth of 44% and EBITDA growth of 113% compared to last year. This has translated into the Company achieving 30% ROCE and 28% ROE. With the manufacturing business now contributing to the bottom line, we expect we would continue on our trajectory of higher returns. ”
|Aug 26, 2022||Split||1:5|
|Jul 21, 2022||Dividend||238.5|
|Jul 22, 2021||Dividend||157.5|
PDS Multinational Fashion Ltd is a listed company that operates in textiles products and has a market capitalization of Rs 3274.11 crore on August 18, 2021. At the end of June 2021, it registered revenue of Rs 162621.24 crores. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned number 538730 and scrip code PDSMFL. As of August 18, 2021, PDS Multinational Fashion Ltd is trading at Rs. 1257.00.
PDS Multinational Fashions Limited, offers various apparels solutions for ladies, men, essentials, kids, and babies, through its multiple subsidiaries company in India and internationally. The company is involved in the service and garment clothing trading
business.. PDS Multinational Group looks supply chains for various major brands and retailers around the globe. The paid-up share capital of the company is INR 260467240 divided into 26046724 equity shares as of 31-March-2021. In the year 2021, PDS Multinational announces the Stock Option Plan, namely “PDS Multinational Fashion Limited - Employee Stock Options Plan 2021 (PDS ESOP 2021)” for the employees of the company and its subsidiary companies. On 31-March-2021, the company had 82 subsidiaries and 5 joint ventures, and 1 Associates company. In 2020-21 PSD acquired Norlanka Brands Private Limited with 75% stakes and Dizbi Private Limited with 53% stakes. Promoter holding is 66.65% as of August 18, 2021. Mr. Deepak Seth is the Founder and Chairman of four well-known apparel manufacturing and sourcing and education groups with a footprint across more than 20 countries. He is an active member of the Apparel Export Promotion Council' (AEPC) of India and held the post of Vice Chairman of the Eastern Region of AEPC for 2 years.
In June 2021, net sales were Rs 1,62,621.41 crore, up 68.23% from Rs 96,666.96 crore in June 2020. The quarterly Net Profit in June 2021 was Rs. 5910.11 crore, up 2698.75% from Rs. 211.17 crore in June 2020. In June 2020, EBITDA will be Rs. 8371.27 crore, up 179.53% from Rs. 2994.77 crore in June 2020. From Rs. (1.93) in June 2020, PDS Multinational EPS has risen to Rs. 20.69 in June 2021.
|AGM Date (Month)||:||Jul|
|Face Value Equity Shares||:||10|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:||Jul|