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
₹34,275.00
-3.16% 1W | -23.80% 52W
Market Cap
38.2k CR
P/E Ratio
50.6
52W High
₹45890
52W Low
₹29805
Div. Yield
2.31%
Beta
0
50 DMA
₹38138
200 DMA
₹36324.2
Profit Margin
14.1%
Inst. Own.
43.8%
⚡ APPROACHING SUPPORT
⚡ APPROACHING SUPPORT
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
62
Overall
65
Fundamental
60
Technical
Risks (4)
OVERVALUED! PEG of 4.99 means expensive relative to growth rate.
POOR YEAR! Stock declined 20.2% in the last year.
WEAK POSITION! Current price (34580.0) is below both moving averages.
NEGATIVE MOMENTUM! Price declined across timeframes - down 3.7% (1 week), 5.9% (1 month), 12.0% (3 months).
Strengths (4)
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
BULLISH TREND! 50-day average (38296.6) is above 200-day average (36339.3) - positive signal.
BULLISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 31,021 vs down days: 24,837. Ratio: 1.25x
APPROACHING OVERSOLD! RSI at 32.1 - watch for reversal.
Fundamental & Technical Analysis
61Overall
65Fundamental
58Technical
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 4.96 means expensive relative to growth rate.
Dividend Yield
6/10
MODERATE DIVIDEND! 2.31% 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 (38138.0) is above 200-day average (36324.2) - positive signal.
Price Position
2/10
WEAK POSITION! Current price (34275.0) is below both moving averages.
Trend Pattern
10/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
1/10
POOR YEAR! Stock declined 23.8% in the last year.
Volume Sentiment
25/30
BULLISH SENTIMENT! In last 30 days: 10 up days, 20 down days. Avg volume on up days: 33,120 vs down days: 25,270. Ratio: 1.31x
RSI
4/5
APPROACHING OVERSOLD! RSI at 30.6 - watch for reversal.
52W Range
2/5
LOWER HALF! Trading at 27.8% of 52W range - weakness visible.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 3.2% (1 week), 8.3% (1 month), 14.7% (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 | ₹34,275.00 | 50.6 | 14.1% | 3.8% | 10.2% | -23.8% | 61 | APPROACHING SUPPORT | -4.0% | +7.9% | +7.9% | +13.4% |
| MANYAVAR | ₹554.70 | 34 | 26.5% | 1.9% | -4.3% | -21.1% | 68 | APPROACHING RESISTANCE | +14.7% | -29.5% | +7.2% | -24.5% |
| PGIL | ₹1,179.90 | 35 | 5.8% | 17.5% | 23.0% | +65.7% | 81 | BREAKDOWN | +48.2% | +20.6% | +24.5% | +16.3% |
| ABFRL | ₹49.70 | – | -9.3% | -13.0% | – | -41.8% | 44 | APPROACHING SUPPORT | +1.5% | +45.0% | +10.6% | +1.8% |
| GOKEX | ₹725.40 | 57.8 | 2.5% | 20.9% | -16.7% | -9.0% | 50 | BREAKDOWN | +6.7% | +23.1% | +20.7% | +7.9% |
| RAYMONDLSL | ₹667.80 | 93.7 | 0.6% | 276.1% | 8.6% | -49.1% | 53 | CONSOLIDATING DOWN | +14.1% | -56.6% | +5.9% | -14.7% |
| LUXIND | ₹1,032.40 | 30.3 | 3.5% | 7.2% | -9.9% | -22.4% | 56 | BREAKDOWN | -6.4% | -49.7% | +0.5% | -30.5% |
| KKCL | ₹485.60 | 20.3 | 11.8% | 15.8% | 6.0% | -10.0% | 68 | BREAKDOWN | +22.6% | +22.6% | +19.2% | -13.8% |
Data from TradeAlone · Updated daily
