Textile stock skyrockets 14% after securing ₹450 Cr US deal
Alex Smith
3 hours ago
Synopsis: The shares of this company jumped 13.6 percent after PDS Ltd secured a Rs 450 crore US Sourcing as a Service deal, strengthening its presence and sourcing capabilities in key markets.
The shares of this company, which Offers end-to-end solutions, including design-led sourcing, manufacturing (in Bangladesh, Sri Lanka, and India), and brand management gained investor’s attention after US deal win.
With a market capitalization of Rs 4,356 crore, PDS Ltd’s shares on Tuesday made a day high of Rs 328.65 per share, up by 13.58 percent from its previous day’s close price of Rs 289.35 per share. The share of the company has given a negative return of 22 percent in the last year.
Significant deal
PDS Limited has secured a Sourcing as a Service contract with a leading US value retailer, supporting end-to-end sourcing across vendor management, compliance, and supply chain. The engagement is expected to drive sourcing volumes of around Rs 450 crore (~$50 million), with potential for gradual scaling.
The contract will be executed through PDS subsidiary GSCL under Michael Yee, who leads US business expansion. This engagement strengthens PDS’ presence in key markets, deepens customer engagement, and advances the Group’s strategy of building on-ground leadership and execution capabilities in the United States.
Pallak Seth, Executive Vice Chairman, highlighted that securing this partnership underscores PDS’ resilience and strong global ecosystem amid macroeconomic uncertainty. Group CEO Sanjay Jain added that ongoing investments in digital, AI, and cost transformation have strengthened the platform, enabling scalable, efficient, and innovative solutions for global retailers.
About the Company
PDS Limited is a global fashion infrastructure platform offering product development, sourcing, manufacturing, and distribution for major brands and retailers worldwide, handling over $2.2 billion of Gross Merchandise Value. It also offers a bespoke end-to-end outsourcing solution, engaging dedicated talent and infrastructure as an extended arm of retailers and brands
As of Q3 FY26, the company reported an order book of Rs 5,179 crore, up 6 percent year-on-year, reflecting strong underlying demand, though order placements were selectively deferred due to external uncertainties, tariff impacts, and uneven end-market recovery.
Financial Highlights: The revenue from operations grew by 1.5 percent to Rs 3,172 crore in Q3 FY26, corresponding to the same quarter in the last financial year, and the operating margin stayed flat at 3 percent YoY. Accompanied by a net profit decline of 17.78 percent to Rs 37 crore in Q3 FY26 from Rs 45 crore in Q3 FY25, resulting in EPS decline by 29 percent YoY to Rs 1.39 per share in Q3 FY26.
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