PAGEIND
Page Industries Limited (PAGEIND) Stock Analysis
Page Industries Limited is the exclusive licensee of Jockey International in India, manufacturing and retailing innerwear and leisurewear. It operates a widespread exclusive brand outlet network and supplies to modern trade. The company is known for premium quality and supply chain excellence. It is listed on Indian stock exchanges as a leading apparel franchise.
Consumer Cyclical › Apparel Manufacturing
₹36,145.00
-1.98% 1W | -10.70% 52W
Market Cap
40.3k CR
P/E Ratio
53.3
52W High
₹43855
52W Low
₹29805
Div. Yield
2.19%
Beta
0
50 DMA
₹36534.8
200 DMA
₹36342.7
Profit Margin
14.1%
Inst. Own.
44.5%
🔥 APPROACHING RESISTANCE
🔥 APPROACHING RESISTANCE
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,229 | 1,125 | 1,226 | 992 | 1,278 | 1,246 | 1,313 | 1,098 | 1,317 | 1,291 | 1,387 | 1,253 | 1,420 |
| Expenses | 991 | 892 | 999 | 828 | 1,034 | 965 | 1,011 | 863 | 1,022 | 1,011 | 1,069 | 992 | 1,131 |
| Operating Profit | 239 | 234 | 226 | 164 | 243 | 281 | 303 | 235 | 295 | 280 | 318 | 261 | 289 |
| OPM % | 19% | 21% | 18% | 17% | 19% | 23% | 23% | 21% | 22% | 22% | 23% | 21% | 20% |
| Other Income | 5 | 2 | 9 | 14 | 13 | 15 | 14 | 20 | 15 | 19 | -23 | 17 | 11 |
| Interest | 13 | 11 | 10 | 10 | 12 | 11 | 12 | 12 | 13 | 13 | 13 | 12 | 12 |
| Depreciation | 21 | 25 | 23 | 23 | 22 | 23 | 30 | 25 | 27 | 25 | 27 | 28 | 29 |
| Profit before tax | 210 | 199 | 202 | 145 | 222 | 262 | 275 | 219 | 270 | 261 | 256 | 238 | 259 |
| Tax % | 25% | 25% | 25% | 25% | 26% | 26% | 26% | 25% | 26% | 25% | 26% | 25% | 25% |
| Net Profit | 158 | 150 | 152 | 108 | 165 | 195 | 205 | 164 | 201 | 195 | 190 | 179 | 193 |
| EPS in Rs | 141.98 | 134.73 | 136.59 | 97.01 | 148.13 | 175.06 | 183.49 | 147.04 | 180.03 | 174.61 | 169.93 | 160.24 | 172.86 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,543 | 1,796 | 2,129 | 2,551 | 2,852 | 2,946 | 2,833 | 3,886 | 4,714 | 4,569 | 4,935 | 5,247 | 5,351 |
| Expenses | 1,223 | 1,419 | 1,714 | 2,010 | 2,234 | 2,412 | 2,305 | 3,099 | 3,851 | 3,709 | 3,872 | 4,094 | 4,204 |
| Operating Profit | 320 | 376 | 415 | 542 | 618 | 533 | 528 | 787 | 863 | 860 | 1,063 | 1,153 | 1,147 |
| OPM % | 21% | 21% | 19% | 21% | 22% | 18% | 19% | 20% | 18% | 19% | 22% | 22% | 21% |
| Other Income | 8 | 10 | 24 | 21 | 36 | 25 | 19 | 21 | 15 | 32 | 62 | 29 | 25 |
| Interest | 18 | 19 | 19 | 18 | 17 | 34 | 30 | 34 | 41 | 45 | 46 | 50 | 50 |
| Depreciation | 18 | 24 | 25 | 28 | 31 | 61 | 63 | 65 | 78 | 91 | 99 | 107 | 109 |
| Profit before tax | 293 | 343 | 395 | 518 | 606 | 462 | 453 | 709 | 758 | 756 | 979 | 1,025 | 1,014 |
| Tax % | 33% | 33% | 33% | 33% | 35% | 26% | 25% | 24% | 25% | 25% | 25% | 26% | |
| Net Profit | 196 | 232 | 266 | 347 | 394 | 343 | 341 | 537 | 571 | 569 | 729 | 764 | 756 |
| EPS in Rs | 175.74 | 207.57 | 238.73 | 311.08 | 353.19 | 307.71 | 305.35 | 481.02 | 512.15 | 510.31 | 653.71 | 684.80 | 677.64 |
| Dividend Payout % | 41% | 41% | 41% | 42% | 97% | 52% | 82% | 77% | 49% | 72% | 138% | 80% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 4.0% | 13.0% | 11.0% |
| Profit CAGR | 11.0% | 18.0% | 13.0% |
Shareholding Pattern
Promoters42.89%
FIIs24.03%
DIIs27.75%
Public4.59%
Promoters42.89%
FIIs23.20%
DIIs28.52%
Public4.67%
Promoters42.89%
FIIs20.71%
DIIs30.78%
Public4.90%
Promoters42.89%
FIIs19.00%
DIIs32.50%
Public4.90%
Promoters42.89%
FIIs18.91%
DIIs32.93%
Public4.56%
Promoters46.12%
FIIs22.38%
DIIs21.26%
Public9.61%
Promoters45.11%
FIIs20.86%
DIIs25.85%
Public7.43%
Promoters42.89%
FIIs23.58%
DIIs27.87%
Public4.92%
Promoters42.89%
FIIs19.00%
DIIs32.50%
Public4.90%
Promoters42.89%
FIIs18.91%
DIIs32.93%
Public4.56%
PAGEIND
Holdings Analysis
Key strengths & risk signals
57
Overall
65
Fundamental
50
Technical
Risks (4)
OVERVALUED! PEG of 5.23 means expensive relative to growth rate.
WEAK POSITION! Current price (36145.0) is below both moving averages.
WEAK YEAR! Stock declined 10.7% in the last year.
WEAK MOMENTUM! Limited price growth - -2.0% (1 week), 5.5% (1 month), -9.4% (3 months).
Strengths (4)
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
BULLISH TREND! 50-day average (36534.8) is above 200-day average (36342.7) - positive signal.
NEUTRAL! RSI at 44.3 - balanced momentum.
MID RANGE! Trading at 45.1% of 52W range - neutral zone.
Fundamental & Technical Analysis
57Overall
65Fundamental
50Technical
Fundamental Breakdown
Growth Quality
16/30
Revenue CAGR: 3.8% (SLOW, 5/15). Profit CAGR: 10.2% (GOOD, 11/15).
Profit Margin
5/10
DECENT EFFICIENCY! 14.1% profit margin - acceptable profitability.
PEG Valuation
0/10
OVERVALUED! PEG of 5.23 means expensive relative to growth rate.
Dividend Yield
6/10
MODERATE DIVIDEND! 2.19% yield - some income benefit.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 9.88% public ownership - strong promoter/institutional control.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
10/10
BULLISH TREND! 50-day average (36534.8) is above 200-day average (36342.7) - positive signal.
Price Position
2/10
WEAK POSITION! Current price (36145.0) is below both moving averages.
Trend Pattern
10/20
AT RESISTANCE! Stock is at key resistance level.
52W Performance
2/10
WEAK YEAR! Stock declined 10.7% in the last year.
Volume Sentiment
15/30
BEARISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 21,146 vs down days: 22,725. Ratio: 0.93x
RSI
3/5
NEUTRAL! RSI at 44.3 - balanced momentum.
52W Range
3/5
MID RANGE! Trading at 45.1% of 52W range - neutral zone.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - -2.0% (1 week), 5.5% (1 month), -9.4% (3 months).
Beta
3/5
MARKET ALIGNED! Beta of 1.00 - moves with the market.
PAGEIND
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-05-29 | Concall PDF | |
| Q3FY262026-02-10 | Concall PDF | |
| Q2FY252025-11-20 | Concall PDF |
Peer Comparison
Consumer Cyclical · Apparel Manufacturing · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAGEIND | ₹36,145.00 | 53.3 | 14.1% | 3.8% | 10.2% | -10.7% | 57 | APPROACHING RESISTANCE | -4.0% | +7.9% | +7.9% | +13.4% |
| MANYAVAR | ₹519.90 | 32.7 | 26.5% | 1.9% | -4.3% | -25.7% | 65 | BREAKOUT | +14.7% | -29.5% | +7.2% | -24.5% |
| PGIL | ₹1,289.20 | 38.4 | 5.8% | 17.5% | 23.0% | +87.4% | 83 | BREAKOUT | +48.2% | +20.6% | +24.5% | +16.3% |
| ABFRL | ₹44.80 | – | -9.3% | -13.0% | – | -46.4% | 45 | CONSOLIDATING DOWN | +1.5% | +45.0% | +10.6% | +1.8% |
| GOKEX | ₹716.20 | 53.7 | 2.5% | 20.9% | -16.7% | -15.1% | 51 | BREAKDOWN | +6.7% | +23.1% | +20.7% | +7.9% |
| RAYMONDLSL | ₹574.20 | 80.6 | 0.6% | 276.1% | 8.6% | -51.8% | 54 | BREAKDOWN | +14.1% | -56.6% | +5.9% | -14.7% |
| LUXIND | ₹1,177.90 | 34.6 | 3.5% | 7.2% | -9.9% | -9.0% | 65 | BREAKOUT | -6.4% | -49.7% | +0.5% | -30.5% |
| SBC | ₹63.30 | 74.5 | 6.6% | 27.2% | 54.1% | +175.5% | 82 | BREAKOUT | +269.2% | +17.1% | +67.0% | -14.5% |
Data from TradeAlone · Updated daily
