- Total income
- ₹12,776 Cr
- Profit
- ₹157 Cr
About PDS Limited
PDS Limited is a publicly listed company based in Mumbai (India) founded in 1999 by Deepak Kumar Seth. It operates as a garments are manufactured on a contract basis by PDS. It operates on a B2B2C and Reseller / Distribution model. The company has 10,650 employees. PDS Limited has completed 2 acquisitions, including DBS Lifestyle and The Radius Group. Its chief executive is Sanjay Jain. Its website pdsltd.com draws about 10 thousand monthly visits. Its Indian entity Pds Limited reported revenue of βΉ13,210 Cr. PDS Limited offers products and services including Sourcing Solutions, Manufacturing Services, and PDS Ventures. Its focus areas include Consumer Goods, Apparel & Fashion and Fashion Supply Chain. Its competitors include Gokaldas Exports, Shahi, Eastman Exports, Radhamani Group and Cupid and 3 more; 3 of its 8 listed competitors have raised funding.
Company details
PDS Limited is involved in providing integrated and customized solutions to global retailers and brands within the fashion industry. Operations are spread across 22 countries, focusing on sourcing, manufacturing, and sustainability. Sourcing services are offered through partnerships in key markets, while manufacturing capacities are established in Bangladesh, Sri Lanka, and India with 130 production lines. PDS Ventures is dedicated to investing in sustainable fashion value chains, reducing waste, and leveraging advanced analytics for improved profitability. A strong emphasis is placed on ethical practices and environmental responsibility across all operations.
PDS Limited is ranked #213 on the Fortune India 500 (2025).
Recognitions & Rankings of PDS Limited
- Headquarters Mumbai, India
- Employees 10,650
- Founders Deepak Kumar Seth
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Website pdsltd.com
- Social LinkedIn
- Legal Name Pds Limited
- Market Cap₹4,728 Cr
PDSL · NSE
- Share Price₹331.05
-0.96% today
- Revenue₹13,110 Cr
FY 2025-26 · +4.2% YoY
- EBITDA₹411 Cr
Margin 3.1%
- Net Profit₹108 Cr
FY 2025-26 · -30.2% YoY
- P/E (TTM)41.2x
P/B 2.7x
- ROE10.5%
ROCE 12.8%
- Debt / Equity0.74
Interest cover 62.2x
- Latest Funding Round$51.23M (USD), Post-IPO
Aug 2024
- Employee Count10,650
- Investments & AcquisitionsDBS Lifestyle
& 1 more
Associated legal entities of PDS Limited
PDS Limited operates through Pds Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pds Limited Listed CIN L18101MH2011PLC388088 | Active | 06 Apr 2011 | Mumbai, Maharashtra | ₹13,210 Cr | 182 | 11 | View details |
Products & Services of PDS Limited
PDS Limited offers a comprehensive portfolio of products and services, including Sourcing Solutions, Manufacturing Services, and PDS Ventures.
Global sourcing solutions are provided for fashion retailers.
Manufacturing capacities are established across multiple countries globally.
Investments are made in sustainable fashion value chains.
Funding Insights of PDS Limited
- Total Rounds 1
- Last Round Post-IPO β $51.23M
- First Round $51.23M
(Aug 2024)
All 1 funding rounds of PDS Limited with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $51.23M | Post-IPO | β | β | β |
Board of directors of Pds Limited (PDS Limited)
Pds Limited is the primary company behind PDS Limited. The board of Pds Limited currently have 11 directors; the longest-serving is Deepak Kumar Seth, appointed in 2011. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepak Kumar Seth DIN 00003021 | Director | 06 Apr 2011 | 15 yrs 6 mo | Pds Limited |
| Pallak Seth DIN 00003040 | Whole-time director | 06 Apr 2011 | 15 yrs 6 mo | Pds Limited |
| Abhishekh Kanoi DIN 03129842 | Company Secretary | 11 Jan 2021 | 5 yrs 9 mo | Pds Limited |
| Sanjay Jain DIN 02055254 | CEO | 15 Jan 2021 | 5 yrs 9 mo | Pds Limited |
| Parth Dasharath Gandhi DIN 01658253 | Director | 27 May 2021 | 5 yrs 4 mo | Pds Limited |
| Robert Lloyd Sinclair DIN 09390821 | Director | 09 Nov 2021 | 4 yrs 11 mo | Pds Limited |
| Nishant Parikh Ravindra DIN 07349640 | Director | 08 Dec 2021 | 4 yrs 10 mo | Pds Limited |
| Yael Gairola DIN 08434509 | Director | 08 Dec 2021 | 4 yrs 10 mo | Pds Limited |
| Bangalore Gangaiah Srinivas DIN 00517585 | Director | 28 Mar 2023 | 3 yrs 6 mo | Pds Limited |
| Rahul Ahuja DIN 06533944 | CFO | 01 Jun 2023 | 3 yrs 4 mo | Pds Limited |
| Sandra Yvette Campos DIN 10390929 | Director | 28 Nov 2023 | 2 yrs 10 mo | Pds Limited |
People of PDS Limited
78 people are tracked at PDS Limited (27 in leadership, 51 in team); the tracked headcount is 10,650.
| Name | Role | Group |
|---|---|---|
| Founder & Chairman | Leadership | |
| CEO | Leadership | |
Mohit Sharma | Group Chief Information Officer | Leadership |
Sagar Ballari | Executive Director | Leadership |
Ankur Agarwal | Head Of VC Investments PDS Ventures | Leadership |
Rachel Bailey | Commercial Director - CSS | Leadership |
Naresh Kaushik | Assistant Vice President | Leadership |
Sadik Sunasara | Head Of Treasury | Leadership |
Victoria Edwards | Sales Director | Leadership |
Vikesh Jain | COO & CFO | Leadership |
Tejas Sakhardande | General Manager, Corporate Finance | Leadership |
Susheel Bhat | Business Head | Leadership |
Pradyumn Madan | Business Head | Leadership |
Kelly York | VP - Sales & Marketing | Leadership |
Pankaj Batra | General Manager Business Development, Vertical BU Head Norlanka | Leadership |
Ashok Yadava | CFO | Leadership |
| Group Chief Financial Officer | Leadership | |
Sajeewa Dissanayake | Director - Foundry Holdings (hk) Ltd | GSC Link (hk) LTD | Leadership |
Shriram Jatar | Vice President Corporate Development | Leadership |
Dan Coen | President - Strategy & Markets | Leadership |
58 more people are available in the full profile.
Complete people profiles for PDS Limited
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of PDS Limited
PDS Limited is a publicly listed company on the NSE with ticker symbol PDSL in India, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date21 Oct 2014
- Listed onBSE: 538730 · NSE: PDSL
- Listed entityPDS Limited
- Exchange sectorConsumer non-durables
- ISININE111Q01021
- Share price₹343.35 (+3.72% on the day) · 2026-10-14
- Market capitalisation₹4,684 Cr
- Price to earnings41.4
- EPS (diluted, trailing year)₹8.30
- Dividend yield0.99%
- Volume (last session)209,342
Financials of PDS Limited
Exchange-reported figures of Pds Limited, the listed company behind PDS Limited (NSE: PDSL).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 13,110 | 12,578 | 10,373 | 10,577 | 8,828 | 6,213 | 6,648 |
| Revenue growth | +4.2% | +21.3% | -1.9% | +19.8% | +42.1% | -6.6% | - |
| EBITDA | 411 | 481 | 413 | 474 | 333 | 241 | 191 |
| EBITDA margin | +3.1% | +3.8% | +4.0% | +4.5% | +3.8% | +3.9% | +2.9% |
| Profit before tax | 205 | 268 | 232 | 357 | 310 | 170 | 90.54 |
| Net profit | 108 | 155 | 145 | 232 | 249 | 80.70 | 58.26 |
| Net profit margin | +0.8% | +1.2% | +1.4% | +2.2% | +2.8% | +1.3% | +0.9% |
| EPS (βΉ) | 7.91 | 11.12 | 10.95 | 20.26 | 95.39 | 32.37 | 17.67 |
| Balance sheet | |||||||
| Total assets | 3,161 | 2,945 | 2,330 | 1,855 | 1,694 | 1,293 | 1,437 |
| Net worth | 1,764 | 1,615 | 1,166 | 1,054 | 872 | 647 | 559 |
| Total debt | 1,264 | 1,232 | 1,054 | 719 | 740 | 562 | 747 |
| Cash & bank | 1,036 | 737 | 684 | 729 | 665 | 431 | 502 |
| Net working capital | 1,669 | 1,674 | 1,205 | 916 | 872 | 643 | 842 |
| Cash flow | |||||||
| Cash from operations | 781 | (36.55) | 190 | 510 | 407 | 379 | 281 |
| Cash from investing | 17.66 | (266) | (309) | (130) | (221) | (87.70) | (55.39) |
| Cash from financing | (500) | 403 | (38.48) | (337) | (26.49) | (347) | (128) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,444 | 3,519 | 3,172 | 3,419 | 2,999 | 3,526 | 3,125 | 3,306 |
| Revenue growth (YoY) | +14.8% | -0.2% | +1.5% | +3.4% | +14.4% | - | - | - |
| Other income | 11.37 | 28.46 | 4.53 | 28.26 | 39.78 | 9.74 | 8.97 | 11.85 |
| EBITDA | 96.13 | 120 | 108 | 103 | 50.55 | 139 | 98.24 | 144 |
| EBITDA margin | +2.8% | +3.4% | +3.4% | +3.0% | +1.7% | +4.0% | +3.1% | +4.3% |
| Depreciation | 36.08 | 36.27 | 32.04 | 32.65 | 29.94 | 35.52 | 26.55 | 25.35 |
| Interest | 37.14 | 34.17 | 36.12 | 42.68 | 33.50 | 29.45 | 30.10 | 33.94 |
| Profit before tax | 34.28 | 78.31 | 44.33 | 55.93 | 26.89 | 84.10 | 50.56 | 96.29 |
| Tax | 5.70 | 6.20 | 7.28 | 7.49 | 6.86 | 9.54 | 5.25 | 7.48 |
| Net profit | 28.58 | 72.11 | 37.05 | 48.44 | 20.03 | 74.56 | 45.31 | 88.81 |
| EPS (βΉ) | 1.33 | 3.46 | 1.38 | 2.12 | 0.91 | 2.83 | 1.74 | 4.92 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 257 | 455 | 625 | 463 | 116 | 46.12 | 41.12 |
| Revenue growth | -43.4% | -27.3% | +35.1% | +299.6% | +151.2% | +12.2% | - |
| EBITDA | (12.42) | 7.18 | 18.95 | 31.31 | 12.82 | 8.93 | 7.69 |
| EBITDA margin | -4.8% | +1.6% | +3.0% | +6.8% | +11.1% | +19.4% | +18.7% |
| Profit before tax | 32.97 | 76.39 | 81.85 | 93.25 | 70.17 | 46.20 | 4.16 |
| Net profit | 27.60 | 70.93 | 79.12 | 86.42 | 66.84 | 44.72 | 2.69 |
| Net profit margin | +10.7% | +15.6% | +12.7% | +18.7% | +57.7% | +97.0% | +6.5% |
| EPS (βΉ) | 2.27 | 5.15 | 6.00 | 6.61 | 25.65 | 17.17 | 1.03 |
| Balance sheet | |||||||
| Total assets | 755 | 765 | 333 | 233 | 215 | 169 | 129 |
| Net worth | 699 | 711 | 265 | 216 | 202 | 156 | 111 |
| Total debt | 53.19 | 51.59 | 65.05 | 14.77 | 11.58 | 11.43 | 15.11 |
| Cash & bank | 167 | 174 | 125 | 92.63 | 61.77 | 45.18 | 2.32 |
| Net working capital | 194 | 196 | 106 | 30.01 | 59.68 | 32.39 | (7.88) |
| Cash flow | |||||||
| Cash from operations | 15.90 | (29.27) | (30.19) | 87.46 | 13.05 | 8.94 | 4.50 |
| Cash from investing | 33.39 | (227) | 18.58 | 44.74 | 3.13 | 43.13 | (0.01) |
| Cash from financing | (55.89) | 343 | 5.26 | (91.34) | (42.59) | (9.21) | (4.64) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 39.58 | 71.42 | 72.84 | 65.35 | 47.80 | 122 | 122 | 111 |
| Revenue growth (YoY) | -17.2% | -41.4% | -40.4% | -41.2% | -50.2% | - | - | - |
| Other income | 3.69 | 41.70 | 5.84 | 4.72 | 6.43 | 24.46 | 6.32 | 3.91 |
| Total expenses | 38.51 | 83.31 | 75.18 | 65.68 | 46.32 | 127 | 119 | 109 |
| EBITDA | 1.07 | (11.89) | (2.34) | (0.33) | 1.48 | (5.56) | 3.38 | 2.39 |
| EBITDA margin | +2.7% | -16.6% | -3.2% | -0.5% | +3.1% | -4.6% | +2.8% | +2.2% |
| Depreciation | 1.97 | 1.67 | 1.62 | 1.62 | 1.62 | 1.66 | 1.41 | 1.43 |
| Interest | 1.18 | 1.54 | 1.50 | 1.81 | 1.25 | 1.72 | 1.56 | 1.71 |
| Profit before tax | 1.61 | 26.60 | 0.38 | 0.96 | 5.04 | 15.52 | 6.73 | 3.16 |
| Tax | 0.41 | (0.68) | 0.07 | 0.30 | 1.26 | 0.11 | 1.47 | 0.88 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,444 | 3,519 | 3,172 | 3,419 | 2,999 | 3,526 | 3,125 | 3,306 |
| Revenue growth (YoY) | +14.8% | -0.2% | +1.5% | +3.4% | +14.4% | - | - | - |
| Other income | 11.37 | 28.46 | 4.53 | 28.26 | 39.78 | 9.74 | 8.97 | 11.85 |
| EBITDA | 96.13 | 120 | 108 | 103 | 50.55 | 139 | 98.24 | 144 |
| EBITDA margin | +2.8% | +3.4% | +3.4% | +3.0% | +1.7% | +4.0% | +3.1% | +4.3% |
| Depreciation | 36.08 | 36.27 | 32.04 | 32.65 | 29.94 | 35.52 | 26.55 | 25.35 |
| Interest | 37.14 | 34.17 | 36.12 | 42.68 | 33.50 | 29.45 | 30.10 | 33.94 |
| Profit before tax | 34.28 | 78.31 | 44.33 | 55.93 | 26.89 | 84.10 | 50.56 | 96.29 |
| Tax | 5.70 | 6.20 | 7.28 | 7.49 | 6.86 | 9.54 | 5.25 | 7.48 |
| Net profit | 28.58 | 72.11 | 37.05 | 48.44 | 20.03 | 74.56 | 45.31 | 88.81 |
| EPS (βΉ) | 1.33 | 3.46 | 1.38 | 2.12 | 0.91 | 2.83 | 1.74 | 4.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 13,110 | 12,578 | 10,373 | 10,577 | 8,828 | 6,213 | 6,648 |
| Revenue growth | +4.2% | +21.3% | -1.9% | +19.8% | +42.1% | -6.6% | - |
| Other income | 99.65 | 49.54 | 40.85 | 51.85 | 86.03 | 37.40 | 26.52 |
| Total expenses | 12,699 | 12,097 | 9,960 | 10,103 | 8,495 | 5,972 | 6,457 |
| Employee cost | 1,317 | 1,211 | 980 | 761 | 621 | 414 | 436 |
| EBITDA | 411 | 481 | 413 | 474 | 333 | 241 | 191 |
| EBITDA margin | +3.1% | +3.8% | +4.0% | +4.5% | +3.8% | +3.9% | +2.9% |
| Depreciation | 131 | 111 | 93.43 | 80.18 | 69.91 | 67.70 | 52.20 |
| Interest | 174 | 151 | 128 | 89.08 | 39.40 | 40.51 | 74.38 |
| Profit before tax | 205 | 268 | 232 | 357 | 310 | 170 | 90.54 |
| Tax | 27.84 | 27.11 | 29.72 | 29.98 | 17.25 | 21.52 | 9.46 |
| Net profit | 108 | 155 | 145 | 232 | 249 | 80.70 | 58.26 |
| Net profit margin | +0.8% | +1.2% | +1.4% | +2.2% | +2.8% | +1.3% | +0.9% |
| EPS (βΉ) | 7.91 | 11.12 | 10.95 | 20.26 | 95.39 | 32.37 | 17.67 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 28.24 | 28.22 | 26.35 | 26.16 | 26.04 | 26.05 | 26.05 |
| Reserves & surplus | 1,743 | 1,595 | 1,145 | 1,028 | 846 | 621 | 533 |
| Shareholders' funds (net worth) | 1,764 | 1,615 | 1,166 | 1,054 | 872 | 647 | 559 |
| Minority interest | 95.38 | 62.58 | 79.17 | 58.93 | 63.60 | 68.66 | 52.46 |
| Secured loans | 1,137 | 1,109 | 940 | 599 | 623 | 487 | 742 |
| Unsecured loans | 127 | 123 | 114 | 120 | 117 | 74.92 | 5.31 |
| Total debt | 1,264 | 1,232 | 1,054 | 719 | 740 | 562 | 747 |
| Total liabilities | 3,161 | 2,945 | 2,330 | 1,855 | 1,694 | 1,293 | 1,437 |
| Assets | |||||||
| Gross block | 1,589 | 1,214 | 940 | 836 | 765 | 764 | 711 |
| Net block | 858 | 701 | 504 | 484 | 463 | 464 | 479 |
| Capital work in progress | 0.45 | 1.32 | 115 | 7.65 | 3.24 | 4.77 | 20.72 |
| Investments | 524 | 503 | 457 | 418 | 319 | 154 | 89.00 |
| Inventories | 557 | 483 | 329 | 256 | 305 | 197 | 183 |
| Sundry debtors | 1,647 | 1,860 | 1,677 | 978 | 1,421 | 910 | 832 |
| Cash & bank balances | 1,036 | 737 | 684 | 729 | 665 | 431 | 502 |
| Loans & advances | 534 | 393 | 247 | 207 | 182 | 157 | 231 |
| Total current assets | 3,773 | 3,474 | 2,937 | 2,170 | 2,573 | 1,695 | 1,749 |
| Total current liabilities | 2,105 | 1,800 | 1,732 | 1,254 | 1,701 | 1,052 | 907 |
| Net working capital | 1,669 | 1,674 | 1,205 | 916 | 872 | 643 | 842 |
| Total assets | 3,161 | 2,945 | 2,330 | 1,855 | 1,694 | 1,293 | 1,437 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 428 | 328 | 486 | 443 | 282 | 337 | 240 |
| Net cash from operating activities | 781 | (36.55) | 190 | 510 | 407 | 379 | 281 |
| Net cash from investing activities | 17.66 | (266) | (309) | (130) | (221) | (87.70) | (55.39) |
| Net cash from financing activities | (500) | 403 | (38.48) | (337) | (26.49) | (347) | (128) |
| Net change in cash | 299 | 99.67 | (158) | 43.08 | 160 | (55.03) | 97.33 |
| Closing cash | 1,036 | 737 | 684 | 729 | 665 | 431 | 502 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +4.2% | +21.3% | -1.9% | +19.8% | +42.1% | -6.6% | - |
| EBITDA growth | -14.5% | +16.4% | -12.9% | +42.2% | +38.5% | +26.3% | - |
| PBT growth | -23.5% | +15.5% | -34.9% | +15.1% | +82.4% | +87.7% | +31.2% |
| Net income growth | -30.2% | +7.3% | -37.7% | -6.7% | +208.2% | +38.5% | - |
| Revenue CAGR (3Y) | +7.4% | +12.5% | +18.6% | +16.7% | +10.8% | +8.1% | +12.9% |
| EBITDA CAGR (3Y) | -4.7% | +13.0% | +19.7% | +35.5% | +35.0% | +85.4% | +49.6% |
| Profitability & leverage | |||||||
| Net income margin | +1.4% | +1.9% | +2.0% | +3.1% | +3.3% | +2.4% | +1.2% |
| Return on capital employed | +12.8% | +16.3% | +17.8% | +23.9% | +24.5% | +16.1% | +13.9% |
| Return on net worth | +10.5% | +17.4% | +18.3% | +30.5% | +38.6% | +24.6% | +18.2% |
| Debt / equity | 0.74 | 0.82 | 0.80 | 0.76 | 0.86 | 1.09 | 1.41 |
| Long-term debt / equity | 0.12 | 0.11 | 0.09 | 0.09 | 0.09 | 0.05 | 0.02 |
| Interest cover | 62.21 | 40.81 | 40.09 | 22.61 | 14.96 | 23.41 | 53.74 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 9.35 | 11.68 | 11.68 | 13.22 | 11.55 | 8.43 | 10.78 |
| Inventory turnover | 25.20 | 30.98 | 35.50 | 37.71 | 35.15 | 32.69 | 41.68 |
| Debtors turnover | 7.48 | 7.11 | 7.81 | 8.82 | 7.57 | 7.13 | 7.14 |
| EPS (βΉ) | 7.91 | 11.12 | 10.95 | 20.26 | 95.39 | 32.37 | 17.67 |
| Dividend per share (βΉ) | 1.65 | 1.70 | 3.15 | 5.10 | 23.85 | 15.75 | 0.00 |
| Book value per share (βΉ) | 125.46 | 115.01 | 88.94 | 80.56 | 334.99 | 248.36 | 214.49 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 39.58 | 71.42 | 72.84 | 65.35 | 47.80 | 122 | 122 | 111 |
| Revenue growth (YoY) | -17.2% | -41.4% | -40.4% | -41.2% | -50.2% | - | - | - |
| Other income | 3.69 | 41.70 | 5.84 | 4.72 | 6.43 | 24.46 | 6.32 | 3.91 |
| Total expenses | 38.51 | 83.31 | 75.18 | 65.68 | 46.32 | 127 | 119 | 109 |
| EBITDA | 1.07 | (11.89) | (2.34) | (0.33) | 1.48 | (5.56) | 3.38 | 2.39 |
| EBITDA margin | +2.7% | -16.6% | -3.2% | -0.5% | +3.1% | -4.6% | +2.8% | +2.2% |
| Depreciation | 1.97 | 1.67 | 1.62 | 1.62 | 1.62 | 1.66 | 1.41 | 1.43 |
| Interest | 1.18 | 1.54 | 1.50 | 1.81 | 1.25 | 1.72 | 1.56 | 1.71 |
| Profit before tax | 1.61 | 26.60 | 0.38 | 0.96 | 5.04 | 15.52 | 6.73 | 3.16 |
| Tax | 0.41 | (0.68) | 0.07 | 0.30 | 1.26 | 0.11 | 1.47 | 0.88 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 257 | 455 | 625 | 463 | 116 | 46.12 | 41.12 |
| Revenue growth | -43.4% | -27.3% | +35.1% | +299.6% | +151.2% | +12.2% | - |
| Other income | 58.69 | 83.18 | 75.72 | 69.13 | 61.86 | 42.09 | 0.75 |
| Total expenses | 270 | 448 | 606 | 432 | 103 | 37.19 | 33.43 |
| Employee cost | 65.46 | 66.86 | 61.68 | 50.55 | 36.62 | 15.32 | 22.56 |
| EBITDA | (12.42) | 7.18 | 18.95 | 31.31 | 12.82 | 8.93 | 7.69 |
| EBITDA margin | -4.8% | +1.6% | +3.0% | +6.8% | +11.1% | +19.4% | +18.7% |
| Depreciation | 6.53 | 6.12 | 6.78 | 5.70 | 3.23 | 2.71 | 2.54 |
| Interest | 6.77 | 7.85 | 6.04 | 1.49 | 1.28 | 2.11 | 1.74 |
| Profit before tax | 32.97 | 76.39 | 81.85 | 93.25 | 70.17 | 46.20 | 4.16 |
| Tax | 0.94 | 3.71 | 2.78 | 6.83 | 3.37 | 1.48 | 1.50 |
| Net profit | 27.60 | 70.93 | 79.12 | 86.42 | 66.84 | 44.72 | 2.69 |
| Net profit margin | +10.7% | +15.6% | +12.7% | +18.7% | +57.7% | +97.0% | +6.5% |
| EPS (βΉ) | 2.27 | 5.15 | 6.00 | 6.61 | 25.65 | 17.17 | 1.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 28.24 | 28.22 | 26.35 | 26.16 | 26.04 | 26.05 | 26.05 |
| Reserves & surplus | 679 | 691 | 244 | 194 | 176 | 130 | 85.02 |
| Shareholders' funds (net worth) | 699 | 711 | 265 | 216 | 202 | 156 | 111 |
| Secured loans | 43.32 | 46.68 | 62.65 | 10.97 | 8.77 | 4.87 | 7.77 |
| Unsecured loans | 9.87 | 4.91 | 2.40 | 3.80 | 2.81 | 6.56 | 7.34 |
| Total debt | 53.19 | 51.59 | 65.05 | 14.77 | 11.58 | 11.43 | 15.11 |
| Total liabilities | 755 | 765 | 333 | 233 | 215 | 169 | 129 |
| Assets | |||||||
| Gross block | 84.95 | 76.50 | 65.16 | 60.03 | 47.36 | 44.99 | 43.38 |
| Net block | 49.13 | 47.20 | 41.31 | 42.66 | 35.59 | 36.41 | 35.58 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | 0.09 | 0.13 |
| Investments | 506 | 516 | 183 | 162 | 122 | 101 | 101 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 81.25 | 122 | 141 | 106 | 28.44 | 4.80 | 0.80 |
| Cash & bank balances | 167 | 174 | 125 | 92.63 | 61.77 | 45.18 | 2.32 |
| Loans & advances | 30.61 | 19.87 | 11.86 | 13.45 | 8.55 | 4.69 | 6.16 |
| Total current assets | 279 | 317 | 278 | 212 | 98.76 | 54.67 | 9.28 |
| Total current liabilities | 84.40 | 121 | 172 | 182 | 39.08 | 22.28 | 17.16 |
| Net working capital | 194 | 196 | 106 | 30.01 | 59.68 | 32.39 | (7.88) |
| Total assets | 755 | 765 | 333 | 233 | 215 | 169 | 129 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 141 | 53.27 | 59.62 | 18.76 | 45.17 | 2.31 | 2.46 |
| Net cash from operating activities | 15.90 | (29.27) | (30.19) | 87.46 | 13.05 | 8.94 | 4.50 |
| Net cash from investing activities | 33.39 | (227) | 18.58 | 44.74 | 3.13 | 43.13 | (0.01) |
| Net cash from financing activities | (55.89) | 343 | 5.26 | (91.34) | (42.59) | (9.21) | (4.64) |
| Net change in cash | (6.60) | 87.35 | (6.35) | 40.85 | (26.40) | 42.86 | (0.15) |
| Closing cash | 167 | 174 | 125 | 92.63 | 61.77 | 45.18 | 2.32 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -43.4% | -27.3% | +35.1% | +299.6% | +151.2% | +12.2% | - |
| EBITDA growth | -273.0% | -62.1% | -39.5% | +144.2% | +43.6% | +16.1% | - |
| PBT growth | -56.8% | -6.7% | -12.2% | +32.9% | +51.9% | +1010.6% | +530.3% |
| Net income growth | -61.1% | -10.4% | -8.5% | +29.3% | +49.5% | +1562.5% | - |
| Revenue CAGR (3Y) | -17.8% | +57.8% | +138.5% | +124.1% | +43.5% | +36.4% | +45.4% |
| EBITDA CAGR (3Y) | - | -17.6% | +28.5% | +59.7% | +44.8% | +60.0% | +72.1% |
| Profitability & leverage | |||||||
| Net income margin | +12.4% | +16.0% | +12.6% | +18.7% | +57.7% | +97.0% | +6.5% |
| Return on capital employed | +4.7% | +15.3% | +31.1% | +42.3% | +37.2% | +32.4% | +4.6% |
| Return on net worth | +3.9% | +14.9% | +32.8% | +41.3% | +37.3% | +33.5% | +2.4% |
| Debt / equity | 0.07 | 0.12 | 0.17 | 0.06 | 0.06 | 0.10 | 0.15 |
| Long-term debt / equity | 0.06 | 0.09 | 0.10 | 0.01 | 0.02 | 0.04 | 0.08 |
| Interest cover | -35.73 | 740.57 | 49.63 | 5.82 | 13.35 | 33.92 | 33.79 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.19 | 6.42 | 9.99 | 8.62 | 2.51 | 1.04 | 0.96 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 2.53 | 3.45 | 5.06 | 6.89 | 6.97 | 16.47 | 45.44 |
| EPS (βΉ) | 2.27 | 5.15 | 6.00 | 6.61 | 25.65 | 17.17 | 1.03 |
| Dividend per share (βΉ) | 1.65 | 1.70 | 3.15 | 2.60 | 23.85 | 15.75 | 0.00 |
| Book value per share (βΉ) | 50.05 | 50.95 | 20.55 | 16.84 | 77.55 | 59.88 | 42.64 |
Investments & Acquisitions by PDS Limited
PDS Limited has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include DBS Lifestyle and The Radius Group.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of branding services | theradiusgroup.co.uk | London, United Kingdom | 2021 | May 2023 | β’β’β’β’ | |
A turnkey company is operated for fashion and home solutions. | dbslifestyle.com | Noida, India | 2010 | Oct 2022 | β’β’β’β’ |
Complete acquisition details for PDS Limited
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- Deal sources
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- Exports
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Timeline of PDS Limited
5 dated milestones of PDS Limited across 25 years, from founding to its latest funding, stage changes and deals.
- Founded PDS Limited is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires DBS Lifestyle.
- Acquisition Acquires The Radius Group.
- Funding First funding round of $51.2M.
Competitors of PDS Limited
PDS Limited has 8 listed competitors in our database, 3 of them funded. They include Gokaldas Exports, Shahi, Eastman Exports, Radhamani Group and Cupid, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gokaldasexports.com | 1979 | Bengaluru, India | – | 7,111 | Apparel and clothing are manufactured and exported on contract. | |
| shahi.co.in | 1974 | Faridabad, India | $18.61M | 27,538 | Garments are contract-manufactured by Shahi in apparel production. | |
| eastmanexports.com | 2003 | Tiruppur, India | $57.97M | 4,956 | Apparel products are manufactured under contract in India. | |
| radhamanigroup.com | 2008 | Bengaluru, India | $24.27M | 2,796 | Sustainable garment manufacturing solutions are provided comprehensively. | |
| cupidlimited.com | 1993 | Nashik, India | – | 224 | Contract manufacturer of male & female condoms | |
| brandconcepts.in | 2007 | Indore, India | – | 617 | Contract manufacturing of bags, belts, wallets, and accessories is conducted. | |
| saplind.com | 2001 | Mumbai, India | – | 26 | Offers product development and manufacturing services to business customers in India. | |
| fazethree.com | 1985 | Mumbai, India | – | 673 | Home furnishings and automobile textiles are contract-manufactured. |
Detailed competitors of PDS Limited
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of PDS Limited
The website of PDS Limited (pdsltd.com) receives about 10.3K visits a month.
- Monthly visits10.3K
▲ 13.8% vs previous month
Websites whose visitors overlap most with PDS Limited. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| apparelresources.com | 100% | 91.9K | #454,833 | View details | |
| fibre2fashion.com | 99% | 238.4K | #239,745 | View details | |
| zoglix.com | 39% | 1.6K | #9,514,489 | View details |
Top companies in Contract & Outsourced Manufacturing
10 companies that operate in the same segment as PDS Limited (Contract & Outsourced Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services | 1969 | San Jose, California, United States | – | USD 27.91 B | 147,980 | |
Electronic products and components are manufactured globally by Foxconn. | 1974 | Taipei, Taiwan | – | – | 12,716 | |
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Automotive components are manufactured and supplied to OEMs. | 1957 | Aurora, Ontario, Canada | – | USD 42.92 B | 170,000 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | – | USD 114.37 M | 618 | |
Equipment and parts for HVAC/R industry are supplied. | 1956 | Miami, Florida, United States | – | USD 7.24 B | 7,290 | |
Smart hardware and vehicle electronics are manufactured on contract. | 2005 | Pudong, Shanghai, China | USD 431.15 M | USD 24.45 B | 1,982 | |
Clas Ohlson was founded in 1918 in Insjön, Sweden. | 1918 | Insjon, Dalarna, Sweden | – | USD 1.35 B | – | |
Application-oriented research is conducted in bioeconomy, AI, and climate technologies. | 1949 | Darmstadt, Hesse, Germany | USD 23.27 M | – | – | |
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | – | USD 400 M | 40,280 |
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Related news about Pds Limited
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Frequently Asked Questions about PDS Limited
PDS Limited was founded in 1999 and raised its 1st funding round 25 years after it was founded.
PDS Limited is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sanjay Jain is the current CEO of PDS Limited.
PDS Limited has 10,650 employees.
The primary company behind PDS Limited, Pds Limited, reported revenue of βΉ13,210 Cr for FY 2026, up 5% year on year.
PDS Limited is involved in providing integrated and customized solutions to global retailers and brands within the fashion industry. Operations are spread across 22 countries, focusing on sourcing, manufacturing, and sustainability. Sourcing services are offered through partnerships in key markets, while manufacturing capacities are established in Bangladesh, Sri Lanka, and India with 130 production lines. PDS Ventures is dedicated to investing in sustainable fashion value chains, reducing waste, and leveraging advanced analytics for improved profitability. A strong emphasis is placed on ethical practices and environmental responsibility across all operations.
PDS Limited's top competitors include Gokaldas Exports, Radhamani Group and Brand Concepts.
PDS Limited offers Sourcing Solutions, Manufacturing Services, and PDS Ventures.
Yes, PDS Limited is publicly traded on NSE under the ticker symbol PDSL.
PDS Limited has made 2 acquisitions, including DBS Lifestyle, and The Radius Group.
PDS Limited operates through Pds Limited.
The legal entities of PDS Limited currently have 11 directors, including Parth Dasharath Gandhi, Abhishekh Kanoi, Deepak Kumar Seth and others.

