Pearl Global Industries Limited

95%

Vietnam and Bangladesh coupled with a better product mix were the factors that attributed to this 95% yoy revenue growth. With improved volumes, came in the operating leverage and that was visible in

370bps

revenue growth. With improved volumes, came in the operating leverage and that was visible in the 370bps improvement in EBIDTA margins. Our efforts on improving the operational efficiencies are now beari

Rs. 851.1

dent of continuous improved performance in the long run.” 4 Business Highlights Q1FY23 REVENUE Rs. 851.1 CRS. 95% • Highest ever Q1 revenue since inception on account of better product mix, increase in

RS. 95

tinuous improved performance in the long run.” 4 Business Highlights Q1FY23 REVENUE Rs. 851.1 CRS. 95% • Highest ever Q1 revenue since inception on account of better product mix, increase in contrib

30%

and improved capacity utilizations in Vietnam and Bangladesh • Inhouse manufacturing increased by 30% EBITDA 7.9% + 370bps EBITDA improved by 370 bps to 7.9% in Q1FY23 from 4.2% in Q1FY22 due to:

7.9%

capacity utilizations in Vietnam and Bangladesh • Inhouse manufacturing increased by 30% EBITDA 7.9% + 370bps EBITDA improved by 370 bps to 7.9% in Q1FY23 from 4.2% in Q1FY22 due to: • Improved ope

370 bps

and Bangladesh • Inhouse manufacturing increased by 30% EBITDA 7.9% + 370bps EBITDA improved by 370 bps to 7.9% in Q1FY23 from 4.2% in Q1FY22 due to: • Improved operating efficiency in Vietnam and Ba

4.2%

cturing increased by 30% EBITDA 7.9% + 370bps EBITDA improved by 370 bps to 7.9% in Q1FY23 from 4.2% in Q1FY22 due to: • Improved operating efficiency in Vietnam and Bangladesh • Operating leverag

2.8%

HIP FACILITY Credit Rating • Partnership factory contribution to overall revenue increased from 2.8% in Q1FY22 to 21.3% in Q1FY23 translating to 1.9 million on a standalone basis • Credit Rating im

21.3%

it Rating • Partnership factory contribution to overall revenue increased from 2.8% in Q1FY22 to 21.3% in Q1FY23 translating to 1.9 million on a standalone basis • Credit Rating improved to BBB+ st

1.9 million

contribution to overall revenue increased from 2.8% in Q1FY22 to 21.3% in Q1FY23 translating to 1.9 million on a standalone basis • Credit Rating improved to BBB+ stable from BBB stable 5 Highest Ever

4.6%

Ever Q1 Revenue Since Inception Revenue EBITDA EBITDA EBITDA Margin(%) COVID-19 Impact 851.1 4.6% 4.2% COVID-19 Impact INR CRS. 7.9% 67.1 406.1 380.8 436.2 155.3 Q1FY19 Q1FY20 Q1FY21 Q

“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.”

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EBITDA Margin

1

Other Income

1

Increase in EBITDA Margin

1

Other Income

1

Incorporation

1

Diversified Product Offering

1

Manufacturing Capability

1

Multi-National Presence

1

Robust Design Team

1

SUB

Investors presentation on financial results for the quarter ended June 30, 2022 • I Dear Sir/Madam , Please find enclosed herewith Investor presentation on financial results for the quarter ended June 30, 2022 for investors of the Company. You are requested to take the same on your records. Thanking you , Yours faithfully, for Pearl Global Industries Limited (Na ndra Kumar Somani) Ch" Financial Officer 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 CIN: L74899DL1989PLC036849 Regd. Office: C-17 /1. Paschimi Marg, Vasant Vihar, New Delhi -110057 di r - Investor Presentation August 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 restrictions. This presentation does not constitute or form part of

EBITDA Margin

▪ Improved product mix, Operating leverage and operational efficiency largely lead to improvement in EBITDA margin

Other Income

▪ It includes rental income/ foreign exchange fluctuation gain and one time software design charges 8 Standalone Performance Highlights Q1FY23 Revenue +93.0% 349.7 327.9 EBITDA +146.6% 14.1 21.7 169.9 8.8 PAT INR CRS. 2.0 5.9 8.3 EPS +309.1% 12.7 18.0 4.4 Q1FY22 Q4 FY22 Q1FY23 Q1FY22 Q4 FY22 Q1FY23 Q1FY22 Q4 FY22 Q1FY23 EBITDA MARGIN (%) PAT MARGIN (%) +140 bps 6.6% 5.2% 4.0% +290 bps 3.6% 5.5% 2.6% Q1FY22 Q4 FY22 Q1FY23 Q1FY22 Q4 FY22 Q1FY23 9 Standalone Profit and Loss Statement – Q1FY23 Particulars (INR CRS.) Revenue from Operations Total Raw Material Gross Profit GP Margin (%) Employee Expenses Other Expenses EBITDA EBITDA Margin (%) Depreciation Other Income EBIT EBIT Margin (%) Finance Cost Exceptional Item Gain / (Loss) Profit before Tax PBT Margin (%) Tax Profit After Tax PAT Margin (%) EPS Q1 FY23 Q1 FY22 327.9 179.3 148.6 45.3% 45.2 81.6 21.7 6.6% 4.0 13.4 31.1 9.5% 7.4 -2.1 21.6 6.6% 3.6 18.0 5.5% 8.3 169.9 79.5 90.4 53.2% 30.3 51.3 8.8 5.2% 4.5 7.8 12.1 7.1% 6.0 0.0 6.1 3.6

Increase in EBITDA Margin

▪ Operating leverage and operational efficiency largely lead to improvement in EBITDA margin. ▪ Operating leverage has lead to improvement in employee expenses and other expenses in range of 4%-5% as percentage of sales

Other Income

▪ Other income comprises of one time dividend income of INR 5.8 Crs & software design charges 1.72 Cr. It also includes Rs 3.18 Cr foreign exchange gain 10 Company Overview About Us

Incorporation

Founded in 1987, Pearl Global is a leading apparel manufacturer offering end-to-end sustainable solutions to the fashion industry