PDS Reports Q4FY26 and FY26 Results with Growth in Revenue and Profit

Global supply chain solutions company records 11% quarter-on-quarter revenue growth and 88% increase in PAT during Q4FY26
PDS Limited announced its consolidated financial results for the fourth quarter and full financial year ended FY2025-26.
The company reported revenue growth of 11% quarter-on-quarter and 4% year-on-year in FY26. Profit after tax (PAT) increased by 88% quarter-on-quarter during Q4FY26.

Key Highlights Q4 FY26:
• Clocked GMV: ₹4,905crs up 5% Q-o-Q
• Reported Consolidated Topline of ₹3,519crs up 11% Q-o-Q
• Achieved EBIDTA of ₹122crs, growth of 12% Q-o-Q, with margin of 3.5%, up 2bps
• Achieved PAT of ₹72crs growth of 95% q-o-q, with 2% margin
Key Highlights for FY26:
• Clocked GMV: ₹19,666crs, up 5% Y-o-Y
• Reported Consolidated Topline of ₹13,110cr, up 4% Y-o-Y
• Gross margin for the year improved by 48 bps to 20.6%
• Achieved PAT for the year of ₹178cr with margin of 1.4%
• Order book as of early April stood at ₹5,074crs up 11%
• Net Working Capital improved from ~17 days to ~4 days
• ₹781cr operating cash flow generated in FY26
• Net Debt reduced from ₹374cr (Mar’25) to ₹105cr (Mar’26).
• Proposed dividend of ₹3.30 per share for FY26 (165% of face value), of which ₹1.65 per share paid in H1FY26 as interim dividend, representing a payout ratio of 42%.
Commenting on the results, Pallak Seth, Executive Vice Chairman said, “FY26 was a challenging year marked by heightened global uncertainties — from evolving U.S. tariff actions and geopolitical conflicts creating persistent trade and supply chain disruptions — all of which weighed on consumer sentiment and demand visibility. Against this backdrop, PDS demonstrated the resilience of its platform by delivering stable growth, supported by deep customer relationships & disciplined execution through our diversified sourcing network. We continued to strengthen our U.S. presence, secured a new sourcing-as-a-service mandate with a new value customer having a potential to scale over US$50 million, alongside deeper engagement with existing customers. As global sourcing corridors continue to evolve, PDS remains well positioned to benefit from emerging trade tailwinds, while simultaneously strengthening its competitive advantage through deeper integration of technology and AI across the value chain.”