- Total income
- ₹12,776 Cr
- Profit
- ₹157 Cr
About PDS Limited
Data last updated:
PDS Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 06 April 2011 and has been in existence for over 15 years.
PDS is ranked #213 on the Fortune India 500 (2025). Its director Deepak Kumar Seth and family are #284 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L18101MH2011PLC388088. Its GSTIN is 27AAGCP0059B1ZS (Maharashtra). The company holds 9 GST registrations, of which 5 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 538730 and NSE: PDSL.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹28.28 Cr. It was formerly known as Pds Multinational Fashions Limited. It is led by directors including Pallak Seth (Whole-Time Director) and Parth Dasharath Gandhi.
Its last annual general meeting (AGM) was held on 24 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 971 Solitaire Corporate Park, Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹13,110 Cr, a growth of 4.2% compared to the previous year. For the same year it recorded a net profit of ₹108.23 Cr (net margin 0.8%) and EBITDA of ₹410.88 Cr (EBITDA margin 3.1%). The net worth stands at ₹1,763.59 Cr (up 9.2% YoY). Total assets are valued at ₹3,161 Cr (up 7.3% YoY).
The company has about 182 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: PDS Limited and PDS Multinational. As per MCA filings, the company has open charges of ₹154.18 Cr and satisfied charges of ₹4.25 Cr on record. Court records list 16 cases involving the company, including 10 filed by the company and 6 filed against it; 2 cases are pending. The company has 11 deals on record (8 market trades, 2 secondary share transfers, 1 qip); the latest was in August 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pdsmultinational.com.
Company details
CIN history
PDS has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L18101MH2011PLC388088, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L18101MH2011PLC388088 | Current |
| L18101KA2011PLC094125 | Previous |
| L18101DL2011PLC217162 | Previous |
| U18101DL2011PLC217162 | Previous |
| L18101HR2011PLC147408 | Previous |
Recognitions & Rankings of PDS
- #284 Deepak Kumar Seth & family ₹13,200 Cr
Contact details
PDS Limited's registered office is in Mumbai, Maharashtra. Its website is pdsmultinational.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No.971 Solitaire Corporate Park Andheri Ghatkopar Link Road Andheri (Ea, St), Mumbai, Maharashtra, India – 400093
- IndustryInternet, Online Service Marketplaces
To see the full contact details of PDS Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
PDS operates two associated brands: PDS Limited and PDS Multinational. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Garments are manufactured on a contract basis by PDS. | pdsltd.com | |
| Contract manufacturer of footwear and other fashion products | pdsmultinational.com |
Business activity
The main business activities of PDS are support service to organizations and trade. In detail, this covers other support services to organizations and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of PDS Limited, buy the company report.
Financials of PDS Limited
FY 2025-26 filings availablePDS Limited reported revenue of ₹13,110 Cr (up 4.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · 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 (₹) | 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 (₹) | 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 (₹) | 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 (₹) | 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 (₹) | 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 (₹) | 7.91 | 11.12 | 10.95 | 20.26 | 95.39 | 32.37 | 17.67 |
| Dividend per share (₹) | 1.65 | 1.70 | 3.15 | 5.10 | 23.85 | 15.75 | 0.00 |
| Book value per share (₹) | 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 (₹) | 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 (₹) | 2.27 | 5.15 | 6.00 | 6.61 | 25.65 | 17.17 | 1.03 |
| Dividend per share (₹) | 1.65 | 1.70 | 3.15 | 2.60 | 23.85 | 15.75 | 0.00 |
| Book value per share (₹) | 50.05 | 50.95 | 20.55 | 16.84 | 77.55 | 59.88 | 42.64 |
To see the full year-wise statements and ratios of PDS Limited, buy the company report.
Board of directors and KMP of PDS Limited
PDS Limited currently reports 8 directors and 3 key managerial personnel. 17 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parth Dasharath Gandhi Also directs: Divisha Alternative Investments LLP, Divisha Alternate Investments Manager LLP, Bombay Capital Management LLP and 4 more | Director | 27 May 2021 | 5 Years 4 Months | Current |
| Abhishekh Kanoi Also directs: PDS Global Sourcing Limited, Nexstyle Apparel Manufacturing Limited, Nexstyle Apparel Manufacturing Limited and 5 more | Company Secretary | 11 Jan 2021 | 5 Years 9 Months | Current |
| Deepak Kumar Seth Also directs: Nim International Commerce LLP, Pearl Global Industries Limited, PDS Global Sourcing Limited and 5 more | Director | 06 Apr 2011 | 15 Years 6 Months | Current |
| Pallak Seth Also directs: PDS Global Sourcing Limited | Whole-Time Director | 06 Apr 2011 | 15 Years 6 Months | Current |
| Robert Lloyd Sinclair | Director | 09 Nov 2021 | 4 Years 11 Months | Current |
| Nishant Parikh Ravindra Also directs: Nexstyle Apparel Manufacturing Limited, Nexstyle Apparel Manufacturing Limited, Snark Capital Advisors LLP and 1 more | Director | 08 Dec 2021 | 4 Years 10 Months | Current |
Auditor
PDS Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 61.40%, foreign institutional investors hold 3.80%, domestic institutional investors hold 5.20% and retail and other public shareholders hold 29.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 61.40% | 61.40% | 61.40% | 61.40% |
| Public | 38.60% | 38.60% | 38.60% | 38.60% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2025 | 101111380 | Others | ₹20 Cr | Open | |
| 10 Mar 2025 | 101070402 | Standard Chartered Bank | ₹8.4 Cr | Open | |
| 22 May 2024 | 100933491 | Others | ₹50 Cr | Open | |
| 26 Dec 2023 | 100840502 | The Hongkong and Shanghai Banking Corporation Limited | ₹4 Cr | Open | |
| 05 Aug 2023 | 100758870 | The Hongkong and Shanghai Banking Corporation Limited | ₹21.78 Cr | Open |
To see the full charge records of PDS Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
PDS Limited has 11 deals on record (8 market trades, 2 secondary share transfers, 1 qip); the latest was in August 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | QIP | ₹430 Cr | Investors: Abu Dhabi Investment Authority, Societe Generale, Morgan Stanley Investment Management |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: Abir Investments Private Limited , 2 individuals Seller: Premier Investment Fund Limited, Rianta Capital, Others - Pds Multinational Fashions Limited |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Premier Investment Fund Limited, 3 individuals Seller: Pearl Global Industries Limited , Others - Pds Multinational Fashions Limited, Deepak Seth Huf, an individual |
| Mar 2017 | Market trade | ₹7.03 Cr | Buyer: an individual Seller: SPS Finquest Limited |
| Mar 2017 | Market trade | ₹2.34 Cr | Buyer: an individual Seller: SPS Finquest Limited |
To see the full deal history of PDS Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
PDS Limited has 16 court cases on record: 10 filed by PDS, 6 filed against it. 2 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 4 | 2 |
| District courts | 7 | 2 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against In 10 Media Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (CONT.CAS(C)) | Filed by the company against In 10 Media Pvt. Ltd. & Ors. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Prateek Apparels Pvt Ltd., and 4 others | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Prateek Apparels Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against Ms Pearl Global Industries Ltd | Disposed |
To see the full case history of PDS Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for PDS Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
PDS has 3 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Technocian Fashions Private Limited | U18100HR2019PTC096168 | |
| Norlanka Brands Private Limited | U18101KA2020PTC141803 | |
| Dizbi Private Limited | U72900KA2020PTC134287 |
To see the full group structure of PDS Limited, buy the company report.
Employees & EPFO
PDS Limited has a workforce of 182 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
PDS has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP0059B1ZS | Maharashtra | Active | 20 May 2021 |
| 06AAGCP0059B1ZW | Haryana | Active | 01 Jul 2017 |
| 29AAGCP0059B1ZO | Karnataka | Active | 01 Jul 2017 |
| 19AAGCP0059B1ZP | West Bengal | Active | 05 Jun 2020 |
To see the full GST registrations and return filing status of PDS Limited, buy the company report.
Recent activity
PDS Limited has 37 board changes on record since 2011: 24 appointments and 13 cessations. The latest: Mungo Park ceased to be Director on 31 Mar 2025.
38 earlier events are in the company report.
News
Frequently asked questions
PDS is an active public limited company based in Mumbai, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 06 April 2011 (15+ years old) and is registered under CIN L18101MH2011PLC388088. Listed on BSE: 538730 and NSE: PDSL.
PDS reported revenue of ₹13,110 Cr for FY 2025-26 (up 4.2% YoY) based on consolidated financials.
PDS has 11 current directors and KMP:
- Pallak Seth - Whole-Time Director
- Parth Dasharath Gandhi - Director
- Deepak Kumar Seth - Director
- Robert Lloyd Sinclair - Director
- Nishant Parikh Ravindra - Director
- Yael Gairola - Director
- Bangalore Gangaiah Srinivas - Director
- Sandra Yvette Campos - Director
- Abhishekh Kanoi - Company Secretary
- Sanjay Jain - Ceo
- Rahul Ahuja - Cfo
The latest financial statements of PDS on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of PDS is 27AAGCP0059B1ZS, registered in Maharashtra. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAGCP0059B1ZW (Haryana), 29AAGCP0059B1ZO (Karnataka), 19AAGCP0059B1ZP (West Bengal).
The CIN (Corporate Identification Number) of PDS is L18101MH2011PLC388088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. PDS is a listed company as per MCA records. Its shares are listed on both BSE (code: 538730) and NSE (symbol: PDSL).
PDS has 16 court cases on record: 10 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.
PDS was incorporated on 06 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
PDS has 11 deals on record (8 market trades, 2 secondary share transfers, 1 qip); the latest was in August 2024.
