Page Industries Ltd

532827

Summary

Fair Value Assessment
Overvalued (42% Premium)
Fair ValueQ27,852.06UncertaintyVery High
Close Price39,794.45Mar 11, 2025
Market Closed
40,126.35
Price Up by 331.90 | 0.83 %
Previous Close
39,794.45
Day Range
39,668.35 – 40,299.75
Year Range
33,100.00 – 49,933.15
Bid / Ask
Market Cap
447.6 Bil
Volume / Average
251.0 / 374.9
Beta (5-Year)
0.78
Shares Outstanding
11.15 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Page Industries Ltd is the exclusive licensee for the manufacture, marketing, and distribution of Jockey and Speedo-branded innerwear, swimwear, and other apparel in India. The company also has the rights to Jockey in Sri Lanka, Bangladesh, Nepal, and the United Arab Emirates. Sales of innerwear and leisurewear products contribute a substantial amount to the company's revenue. Swimwear and other items make up the remaining revenue. The company sells its products through exclusive brand stores, some of which are run by franchisees, large-format stores, multibrand stores, and its e-commerce channel. The company's segments are; Innerwear and leisurewear which derives key revenue, and others. Geographically, the majority of the company's revenue is generated within India.
Contact
Outer Ring Road, Umiya Business Bay 7th Floor, Tower-1, Cessna Business Park, Bengaluru, KA 560103
T +91 8049454545
www.pageind.com opens in a new tab
Sector
Consumer Cyclical
Industry
Apparel Manufacturing
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
22,564

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
47.98 45.47 46.64 37.25 27.70 28.94
Revenue Growth %
6.51% -2.81% 25.19% 34.47% -4.27% 3.07%
Gross Profit
24.26 22.25 22.51 18.18 13.63 14.30
Gross Profit Margin %
50.56% 48.93% 48.27% 48.81% 49.19% 49.43%
Operating Income
9.01 7.85 7.89 7.23 4.68 4.80
Operating Margin %
18.79% 17.27% 16.92% 19.41% 16.88% 16.60%
EBIT
9.41 7.92 7.95 7.26 4.72 4.87
EBIT Margin %
19.61% 17.43% 17.05% 19.50% 17.05% 16.81%
EBITDA
10.38 8.83 8.73 7.92 5.35 5.48
EBITDA Margin %
21.64% 19.42% 18.72% 21.26% 19.32% 18.93%
Net Income
6.73 5.69 5.71 5.37 3.41 3.43
Net Profit Margin %
14.03% 12.52% 12.25% 14.40% 12.29% 11.86%
Basic EPS
603.68 510.31 512.15 481.03 305.35 307.72
Diluted EPS
603.68 510.31 512.15 481.03 305.35 307.72
Normalized EPS
604.07 510.97 511.39 479.70 303.57 307.72
Total Dividends per Share
770.00 310.00 260.00 300.00 250.00 202.00
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
27.10 26.83 26.93 21.07 17.00 15.13
Total Liabilities
12.20 10.86 13.22 10.18 8.15 6.93
Total Debt
2.07 1.85 4.06 1.10 1.27 1.76
Total Equity
14.90 15.97 13.71 10.89 8.85 8.20
Cash And Cash Equivalents
1.20 0.33 0.01 0.89 0.40 1.17
Working Capital
8.49 9.37 7.71 6.32 5.13 4.58
Shares Outstanding (Bil)
0.01
Book Value Per Share
1,431.72 1,229.21 976.01 793.34 735.06
Total Debt To Equity
0.14 0.12 0.30 0.10 0.14 0.22
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
12.59 10.80 -0.02 3.27 6.96 5.17
Cash From Investing Activities
-4.99 -3.70 0.31 1.19 -4.01 -0.27
Cash From Financing Activities
-7.51 -6.21 -1.74 -3.96 -3.66 -3.78
Capital Expenditures
0.96 1.66 0.98 0.15 0.75
Free Cash Flow
5.59 4.70 4.89 3.76 3.06
Change in Cash
0.10 0.89 -1.45 0.49 -0.71 1.13

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Shamir Genomal (—) Director and Deputy Managing Director
Ganesh Venkatasubramaniyam (—) Director and Managing Director
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
SBI Bluechip Reg Gr 2.84 2.78 317,000
Feb 28, 2025
SBI Focused Equity Fund Reg Gr 1.70 2.34 190,000
Feb 28, 2025
SBI Equity Hybrid Fund Reg IDCW-P 1.14 0.75 127,411
Feb 28, 2025
SBI Large & Midcap Reg IDCW-P 1.09 1.80 121,443
Feb 28, 2025
HDFC S Life-Opportunities Wealth Builder 0.97 1.34 107,901
-2,321
2.11%
Jan 31, 2025
Total (for Top 5) 7.74 863,755
-2,321

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