Page Industries Ltd’s fundamental analysis highlights key financial metrics: Market Cap of ₹45,790.05 crore, PE Ratio of 83.4, Debt to Equity of 11.58, and Return on Equity of 38.36%. These indicators reflect the company’s financial health and market valuation.
Content:
- Page Industries Limited Overview
- Page Industries Ltd Financial Results
- Page Industries Ltd Financial Analysis
- Page Industries Limited Company Metrics
- Page Industries Ltd Stock Performance
- Page Industries Peer Limited Comparison
- Page Industries Shareholding Pattern
- Page Industries Ltd History
- How To Invest In Page Industries Share?
- Page Industries Fundamental Analysis – FAQs
Page Industries Limited Overview
Page Industries Ltd is an Indian company engaged in the manufacturing, distribution, and marketing of innerwear and leisurewear. It operates in the textile and apparel sector, holding licenses for brands like Jockey and Speedo in various South Asian countries.
The company is listed on both the NSE and BSE. With a market capitalization of ₹45,790.05 crore, it’s currently 4.55% away from its 52-week high and 24.14% away from its 52-week low.
Page Industries Ltd Financial Results
Page Industries Ltd reported sales of ₹4,582 crores in FY24, slightly lower than the ₹4,789 crores in FY23. Operating profit for FY24 stood at ₹872 crores, with an operating profit margin (OPM) of 19%. The company’s EPS in FY24 was ₹510, showing strong financial stability.
1. Revenue Trend: Sales declined from ₹4,789 crores in FY23 to ₹4,582 crores in FY24, showing a slight drop of 4.3%.
2. Equity and Liabilities: The company’s overall liabilities and equity saw moderate growth due to retained earnings and efficient capital management.
3. Profitability: Profit before tax remained stable at ₹757 crores in FY24, closely aligned with ₹758 crores in FY23.
4. Earnings per Share (EPS): EPS remained steady, moving from ₹512 in FY23 to ₹510 in FY24, indicating consistent shareholder value.
5. Return on Net Worth (RoNW): Marginal changes in profit reflect a steady RoNW, highlighting the company’s solid return generation.
6. Financial Position: Despite stable expenses, the company maintained its financial position, with EBITDA increasing slightly from ₹877 crores in FY23 to ₹892 crores in FY24.
Page Industries Ltd Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Sales | 4,582 | 4,789 | 3,886 |
| Expenses | 3,709 | 3,926 | 3,101 |
| Operating Profit | 872 | 863 | 785 |
| OPM % | 19 | 18 | 20 |
| Other Income | 19.96 | 14.73 | 20.98 |
| EBITDA | 892 | 877 | 806 |
| Interest | 45 | 41 | 32 |
| Depreciation | 91 | 78 | 65 |
| Profit Before Tax | 757 | 758 | 709 |
| Tax % | 25 | 25 | 24 |
| Net Profit | 569.19 | 571.25 | 536.53 |
| EPS | 510 | 512 | 481 |
| Dividend Payout % | 73 | 49 | 77 |
* Consolidated Figures in Rs. Crores
Page Industries Limited Company Metrics
Page Industries Ltd’s company metrics include a market capitalization of ₹45,790.05 crore, a book value per share of ₹1,432, and a face value of ₹10. With a debt-to-equity ratio of 11.58, a return on equity of 38.36%, and a 0.90% dividend yield, these figures underscore the company’s financial position and investment profile.
Market Capitalization:
Market Capitalization represents the total market value of Page Industries’ outstanding shares, amounting to ₹45,790.05 crore.
Book Value:
The book value per share of Page Industries is ₹1,432, indicating the value of the company’s net assets divided by its shares outstanding.
Face Value:
The face value of Page Industries’ shares is ₹10, which is the original cost of the shares as stated on the certificate.
Asset Turnover Ratio:
The asset turnover ratio of 1.80 measures how efficiently Page Industries uses its assets to generate revenue.
Total Debt:
The total debt of ₹184.85 crore represents the sum of all short-term and long-term debt obligations of Page Industries.
Return on Equity (ROE):
The ROE of 38.36% measures Page Industries’ profitability in generating income from its equity investments.
EBITDA (Q):
The quarterly EBITDA of ₹256.25 crore represents Page Industries’ earnings before interest, taxes, depreciation, and amortization.
Dividend Yield:
The dividend yield of 0.90% shows the annual dividend payment as a percentage of Page Industries’ current share price, indicating the return on investment from dividends alone.
Page Industries Ltd Stock Performance
Page Industries Ltd has delivered a return on investment of 7.87% over 1 year, 9.55% over 3 years, and 13.7% over 5 years. These returns reflect the company’s consistent growth potential for long-term investors, providing stable performance across different investment horizons.
| Period | Return on Investment (%) |
| 1 Year | 7.87 |
| 3 Years | 9.55 |
| 5 Years | 13.7 |
Example: If an investor had invested ₹1,000 in Page Industries’ stock:
1 year ago, their investment would be worth ₹1,078.70.
3 years ago, their investment would have grown to ₹1,095.50.
5 years ago, their investment would have increased to ₹1,137.
Page Industries Peer Limited Comparison
Page Industries Ltd stands out with a market cap of ₹48,034.86 Crores, a P/E ratio of 83.39, and a 1-year return of 7.87%. Compared to peers like KPR Mill Ltd (P/E 39.66, 28.2% 1-year return) and Kitex Garments (P/E 41.1, 133.99% 1-year return), Page Industries offers strong ROE and ROCE but with a lower dividend yield than Pearl Global Industries at 0.99%.
| Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % |
| Page Industries | 43015.2 | 48034.86 | 83.39 | 38.35 | 516.46 | 7.87 | 45.02 | 0.86 |
| K P R Mill Ltd | 934.95 | 31957.9 | 39.66 | 19.49 | 23.57 | 28.2 | 20.62 | 0.53 |
| Vedant Fashions | 1279.25 | 31063.05 | 80.74 | 26.68 | 15.84 | -3.01 | 30.74 | 0.66 |
| Gokaldas Exports | 989.15 | 7063.33 | 56.24 | 10.27 | 19.73 | 28.7 | 10.76 | 0.1 |
| Pearl Global Ind | 885 | 4055.44 | 22.59 | 21.9 | 44.13 | 84.67 | 21.39 | 0.99 |
| Kewal Kir.Cloth. | 650.9 | 4011.18 | 27.48 | 25.09 | 23.69 | -5.56 | 30.99 | 0.31 |
| Kitex Garments | 461.55 | 3069.31 | 41.1 | 6.33 | 11.4 | 133.99 | 6.93 | 0.32 |
Page Industries Shareholding Pattern
Page Industries Ltd saw stable promoter holdings at 45.04% in June 2024, slightly down from 45.11% in March and December 2023. Foreign institutional investors (FIIs) held 20.55%, while domestic institutional investors (DIIs) increased their stake to 28.1%, with retail and others at 6.3%.
| All values in % | Jun-24 | Mar-24 | Dec-23 |
| Promoters | 45.04 | 45.11 | 45.11 |
| FII | 20.55 | 20.86 | 21.78 |
| DII | 28.1 | 26.60 | 24.62 |
| Retail & others | 6.3 | 7.44 | 8.50 |
Page Industries Ltd History
Page Industries Limited is a fully integrated Indian company specializing in product design, development, manufacturing, sales, and distribution of innerwear and leisurewear. The company holds exclusive licenses for the Jockey brand in several South Asian countries and the Speedo brand in India, positioning itself as a key player in the premium apparel market.
Page Industries’ manufacturing operations are extensive, spanning 15 manufacturing complexes across various locations in India, including Bangalore, Hassan, Mysore, and Tirupur. This widespread manufacturing base allows the company to maintain control over production quality and meet market demands efficiently.
The company has established a strong distribution network, reaching over 50,000 retail outlets across 1,800 cities and towns in India. Page Industries has also expanded its retail presence through 1,131 Exclusive Brand Outlets (EBOs), including specialized stores for Jockey Woman and Jockey Juniors, demonstrating its commitment to diverse market segments.
How To Invest In Page Industries Share?
To invest in Page Industries shares, open a demat account with Alice Blue. Research the company’s fundamentals, financial performance, and position in the textile and apparel sector. Analyze historical stock data and compare it with industry peers.
Determine your investment strategy based on your financial goals and risk tolerance. Consider factors such as brand strength, market penetration, and growth in the premium apparel segment. Decide on the investment amount and timing.
Place your order through the broker’s platform. Regularly monitor your investment, staying updated on company news, quarterly results, and retail industry trends. Consider seeking advice from a financial advisor for personalized guidance and to ensure your investment aligns with your overall portfolio strategy.
Page Industries Fundamental Analysis – FAQs
Page Industries Ltd’s fundamental analysis reveals a Market Cap of ₹45,790.05 crore, PE Ratio of 83.4, Debt to Equity of 11.58, and Return on Equity of 38.36%. These metrics provide insights into the company’s financial health, profitability, and market valuation.
Page Industries’ market capitalization is ₹45,790.05 crore. This figure represents the total value of the company’s outstanding shares in the stock market, calculated by multiplying the current stock price by the number of outstanding shares.
Page Industries Limited is an Indian company specializing in manufacturing, distributing, and marketing innerwear and leisurewear. It holds exclusive licenses for the Jockey brand in several South Asian countries and the Speedo brand in India.
Page Industries is a public limited company with diverse ownership. The promoter group, including the Genomal family, holds a significant stake. As a listed entity, ownership is distributed among various institutional and individual shareholders through stock market participation.
The main shareholders of Page Industries Ltd include the promoter group (Genomal family), along with institutional investors and public shareholders. For the most current and accurate information on major shareholders, refer to the company’s latest shareholding pattern disclosure.
Page Industries operates in the textile and apparel industry, specifically focusing on innerwear and leisurewear. The company is engaged in the design, manufacture, distribution, and retail of premium apparel brands like Jockey and Speedo in the Indian market.
To invest in Page Industries shares, open a demat account with Alice Blue. Research the company’s performance and apparel sector trends. Decide on your investment strategy. Place your order through the broker’s platform. Regularly monitor your investment, staying informed about market conditions. Consider seeking financial advice for personalized guidance.
Determining if Page Industries is overvalued or undervalued requires analyzing its financials, growth prospects, industry position, and peer comparison. Consider factors like PE ratio, future earnings potential, and apparel sector trends. Consult recent analyst reports for expert opinions on the company’s valuation.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
