PDS Faces Financial Struggles Amid Declining Performance in Apparel Sector

PDS, a small-cap player in the Garments & Apparels industry, has recently undergone a financial trend adjustment reflecting a challenging performance landscape. The company's financial results for the quarter ending June 2025 indicate a significant decline, with a notable drop in key metrics. The profit after tax (PAT) has fallen to Rs 12.99 crore, marking a decrease of 34.7%. Additionally, the return on capital employed (ROCE) stands at a low of 13.70%, while the debt-to-profit ratio (DPR) is also at its lowest, recorded at 32.97%.
Other concerning indicators include a PBDIT of Rs 50.55 crore, the lowest reported, and an operating profit to net sales ratio of just 1.69%. The profit before tax (PBT) less other income is at Rs -12.74 crore, and non-operating income constitutes a staggering 147.38% of PBT. Earnings per share (EPS) have also reached a low of Rs 0.92.

In terms of market performance, PDS has faced significant challenges compared to the Sensex. Over the past year, the stock has declined by 40.27%, while the Sensex has only seen a minor drop of 0.84%. This stark contrast highlights the difficulties PDS is currently navigating in the competitive apparel market.