Price as on February 3, 2025:-
India: NSE: INR495.05 | BOM: INR494.70
Data source: Google Finance
Founded in 1999, PDS Ltd is engaged in trading of garments, investment holding, design-development-marketing-sourcing-distribution of garment worldwide to the world’s leading brands and retailers. The company’s operations are spread over a network of 60 offices across 22 countries.
Recently PDS has reported its financial results for Q3 and 9M FY25, Topline Growth of 21% and PAT Growth of 66% in Q3. PDS demonstrated sustained growth momentum in 9M FY25, achieving a topline of ₹9,052cr, reflecting a 26% year-on-year growth. Over the last 4 years, the gross margin of the company has expanded by ~4% aligning with PDS’s strategic focus on expanding its “Solutions & Services” offering. With a healthy order book of $425 million, PDS remains well-positioned for sustained performance during the year.
Further, PDS announced a strategic milestone in its expansion efforts with the acquisition of a 55% stake in Knit Gallery India Pvt Ltd (KGIPL). “The acquisition of a majority stake in Knit Gallery India Pvt Ltd is a key milestone, strengthening our manufacturing capabilities and solidifying India’s strategic role in our operations.” as stated by Mr. Sanjay Jain, Group CEO.
Disclaimer: This is just an opinion and not the prediction, hence do not risk any financials based on this content, we do not take any guarantee or responsibility.
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