Pearl Global Industries Limited

82%

m happy to state that the FY22 performance has been in line with our expectations with a growth of 82% in revenues. Improved revenues are majorly due to improvement in capacity utilizations, commenceme

Rs. 2,713.5

terms of topline and bottom-line.” 4 Business Highlights FY22 s t h g i l h g H i Revenue Rs. 2,713.5 CRS. 82% • 147% YoY growth in overseas business • Increase in revenue from partnership facility in

RS. 82

line and bottom-line.” 4 Business Highlights FY22 s t h g i l h g H i Revenue Rs. 2,713.5 CRS. 82% • 147% YoY growth in overseas business • Increase in revenue from partnership facility in India &

147%

tom-line.” 4 Business Highlights FY22 s t h g i l h g H i Revenue Rs. 2,713.5 CRS. 82% • 147% YoY growth in overseas business • Increase in revenue from partnership facility in India & Vietnam

65%

rtnership facility in India & Vietnam • Start of commercial production in the Bangladesh factory • 65% YoY increase in no of pieces shipped Partnership Facility ROCE 12.4% +690 bps ROCE improved by

12.4%

n in the Bangladesh factory • 65% YoY increase in no of pieces shipped Partnership Facility ROCE 12.4% +690 bps ROCE improved by 690 bps to 12.4% in FY22 from 5.5% in FY21 due to: • Improved asset

690 bps

Bangladesh factory • 65% YoY increase in no of pieces shipped Partnership Facility ROCE 12.4% +690 bps ROCE improved by 690 bps to 12.4% in FY22 from 5.5% in FY21 due to: • Improved asset turns on a

5.5%

shipped Partnership Facility ROCE 12.4% +690 bps ROCE improved by 690 bps to 12.4% in FY22 from 5.5% in FY21 due to: • Improved asset turns on account of the commercialization of the Bangladesh f

Rs 10

partnership facilities increased in India and Vietnam Dividend Statutory Auditor face value of Rs 10 each • The Board has recommended a dividend of Rs. 5 per share for a Appointed E&Y as statutory a

Rs. 5

m Dividend Statutory Auditor face value of Rs 10 each • The Board has recommended a dividend of Rs. 5 per share for a Appointed E&Y as statutory auditor for Hong Kong subsidiaries 5 Consolidated Re

132%

tutory auditor for Hong Kong subsidiaries 5 Consolidated Result Highlights FY22 +82% Revenue +132% EBITDA +300% PAT Rs 2,713.5 CRS. Rs 140.6 CRS. Rs 70.1 CRS. +28% Cash & Cash Equivalent +1

300%

for Hong Kong subsidiaries 5 Consolidated Result Highlights FY22 +82% Revenue +132% EBITDA +300% PAT Rs 2,713.5 CRS. Rs 140.6 CRS. Rs 70.1 CRS. +28% Cash & Cash Equivalent +16% Net Worth

“There is no obligation to update, modify or amend this communication or to otherwise notify the recipient if the information, opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.”

“We expect this demand momentum to continue with normalization of Covid situation and change in consumers’ buying preferences.” Commenting on the Results, Mr.”

“Going forward, we will continue to work on improving our operational efficiencies to enhance our ROCE trajectory.”

Gross Margin

2

Finance Cost

2

Tax Rate

2

Increase in Short term Borrowings

2

Net cash flow from Financing activities

2

SUB

1

Other Expenses

1

Employee Cost

1

Other Income

1

Net Operating Cashflow

1

SUB

Investors presentation for the quarter and financial year ended March 31, 2022 Dear Sir/Madam, Please find attached herewith financial update for the quarter and financial year ended March 31, 2022 for investors of the Company. You are requested to please update the same and obliged. Thanking you, - ---.L OUfS faithfully, for arl Global Industries Limited (Ravi Arora) Company Secretary End: as above Pearl Global Industries Limited Corp. Office Pearl Tower, Plot No. 51. Sector-32. Gurugram -122001, Haryana (India) T •91-124-4651000 I E: info@pearlglobal.com Cl N L7 4899DL 1989PLC036849 Regd Office. C-17 /1, Paschim1 Marg, Vasant Vihar. New Delhi-110057 End-To-End Clothing Vendor & Supplier to Leading fashion brands TRANSFORMING THE WORLD OF FASHION Investor Presentation May 2022 Safe Harbour This presentation has been prepared by and is the sole responsibility of Pearl Global Industries Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing

Other Expenses

▪ Outsourcing cost has been clubbed under other expenses *includes leasehold amortization from FY20 onwards 9 Consolidated Profit and Loss Statement – FY22 Profit and Loss (INR CRS.) Revenue from Operations Cost of Goods Sold Gross Profit Gross Profit Margin Employee Cost Other Expenses EBITDA EBITDA Margin Depreciation* Other Income EBIT EBIT Margin Finance Cost PBT before exceptional items Exceptional Item Gain / (Loss) PBT PBT Margin Tax PAT PAT Margin EPS FY22 2,713.5 1,510.6 1,202.9 44.3% 458.6 603.7 140.6 5.2% 48.3 33.5 125.7 4.6% 46.6 79.1 6.7 85.8 3.2% 15.7 70.1 2.6% 31.5 FY21 1,490.9 768.9 722.0 48.4% 325.3 336.1 60.6 4.1% 44.1 23.5 40.0 2.7% 41.3 -1.3 12.7 11.4 0.8% -6.1 17.5 1.2% 8.0 Y-o-Y 82% 67% 132% 215% 652% 300% *includes leasehold amortization from FY20 onwards Revenue increased by 82% YoY: ▪ ▪ 147% YoY growth in overseas business Increase in revenue from partnership facility in India and Vietnam Start of commercial production in Bangladesh factory 65% YoY increase in

Other Income

▪ Rental income INR 7.69 Crs/Foreign exchange gain INR 8.25 Crs /Fair value of investment INR 5.73Crsn other 11.33Cr

Tax Rate

▪ Stood at 19.86% on PBT excluding exceptional items 10 Consolidated Balance Sheet as on 31st March, 2022 Assets (INR CRS.) Non - Current Assets Property Plant & Equipment CWIP Goodwill Intangible assets Right of use asset Investment Properties Investment - Others Loans Other Financial Assets Deferred Tax Assets (Net) Other Non - Current Assets (Net) Other Non Current Tax Assets (net) Current Assets Inventories Financial Assets (i)Investments (ii) Trade receivables (iii) Cash and cash equivalents (iv) Bank balances (v) Loans Other Financial Assets Other current assets Total Assets Mar-22 533.9 258.2 15.2 18.0 0.7 111.7 59.0 49.9 1.3 11.0 0.9 2.1 6.0 1,246.7 539.6 5.3 366.6 116.9 32.9 34.6 5.9 144.9 1,780.6 Mar-21 533.2 213.8 47.0 17.6 0.5 98.0 60.5 47.4 21.7 12.2 4.7 2.1 7.7 760.8 278.8 7.5 242.2 94.7 22.3 17.1 0.9 97.3 1,294.0 Equity & Liabilities (INR CRS.) Total Equity Share Capital Reserves & Surplus Non Controlling Interest Non-Current Liabilities Financial Liabilities (i) Borrowi

Increase in Short term Borrowings

▪ Rs. 198 CRS increase in overseas business Rs. 43 CRS increase in India business 82% YoY increase in revenues has led to higher working capital and borrowings ▪ 11 Consolidated Cash Flow Particulars (INR CRS.) Net Profit Before Tax Adjustments for: Non Cash Items / Other Investment or Financial Items Operating profit before working capital changes Changes in working capital Mar-22 Mar-21 85.8 76.2 162.1 -239.2 11.4 61.3 72.6 38.1 Cash generated from/(used in) operations -77.1 110.8 Direct taxes paid (net of refund) Exceptional Items Net Cash from Operating Activities Net Cash from Investing Activities Net Cash from Financing Activities Net Increase/(Decrease) in Cash and Cash equivalents Add: Cash & Cash equivalents at the beginning of the period Cash & Cash equivalents at the end of the period -7.7 -6.7 -91.5 -39.6 153.3 22.1 94.7 116.9 -3.5 -12.7 94.6 -26.0 -61.9 6.6 88.1 94.7

Net Operating Cashflow

▪ Despite higher working capital requirements, working capital as a no of days has declined to 68 days ▪ Higher working capital required due to 147% YoY growth in overseas business