On standalone basis
Quarter ended June 2025
compared with Quarter ended June 2024.
Net sales (including other operating income) of Page Industries has increased
3.06% to Rs 1,316.56 crore.
Operating profit margin
has jumped from 19.05% to 22.38%, leading to 21.10% rise in operating profit to
Rs 294.69 crore. Raw material cost as a % of total sales (net of
stock adjustments) decreased from 23.96% to 20.66%. Purchase of
finished goods cost rose from 12.36% to 18.31%. Employee cost
decreased from 18.53% to 18.33%. Other expenses fell from 22.75% to
19.60%.
Other income up 14.81%
to Rs 14.81 crore. PBIDT rose 20.78% to Rs 309.5
crore. Provision for interest up 8.30% to Rs 12.66 crore.
PBDT rose 21.38% to Rs
296.84 crore. Provision for depreciation rose 20.45% to Rs 26.62
crore.
Profit before tax grew
21.47% to Rs 270.22 crore. Provision for tax was expense of Rs 69.42
crore, compared to Rs 57.24 crore. Effective tax rate was 25.69%
compared to 25.73%.
Profit after tax rose
21.53% to Rs 200.80 crore.
Promoters’ stake was
42.89% as of 30 June 2025 ,compared to 45.04% as of 30 June 2024 .
Full year results
analysis
Net sales (including other operating income) of Page Industries has increased
8% to Rs 4,934.91 crore.
Operating profit margin
has jumped from 18.82% to 21.53%, leading to 23.58% rise in operating profit to
Rs 1,062.56 crore. Raw material cost as a % of total sales (net of
stock adjustments) decreased from 26.80% to 23.28%. Purchase of
finished goods cost rose from 14.46% to 15.98%. Employee cost
decreased from 19.00% to 17.79%. Other expenses rose from 19.42% to
19.94%.
Other income up 90.22%
to Rs 61.63 crore. PBIDT rose 26% to Rs 1124.19
crore. Provision for interest up 3.32% to Rs 46.38
crore. Loan funds rose to Rs 261.81 crore as of 31 March 2025 from
Rs 184.85 crore as of 31 March 2024. Inventories declined from Rs
1,170.30 crore as of 31 March 2024 to Rs 858.87 crore as of 31 March
2025. Sundry debtors were higher at Rs 191.61 crore as of 31 March
2025 compared to Rs 158.64 crore as of 31 March 2024. Cash and bank
balance rose to Rs 471.38 crore as of 31 March 2025 from Rs 321.05 crore as of
31 March 2024.
PBDT rose 27.20% to Rs
1077.81 crore. Provision for depreciation rose 9.25% to Rs 99.23
crore. Fixed assets increased to Rs 825.51 crore as of 31 March 2025
from Rs 722.34 crore as of 31 March 2024. Intangible assets
increased from Rs 4.14 crore to Rs 4.29 crore.
Profit before tax grew 29.36%
to Rs 978.58 crore. Provision for tax was expense of Rs 249.44
crore, compared to Rs 187.31 crore. Effective tax rate was 25.49%
compared to 24.76%.
Profit after tax rose
28.10% to Rs 729.14 crore.
Promoters’ stake was
42.89% as of 31 March 2025 ,compared to 45.11% as of 31 March 2024
.
Cash flow from operating
activities increased to Rs 1,203.59 crore for year ended March 2025 from Rs
1,080.47 crore for year ended March 2024. Cash flow used in
acquiring fixed assets during the year ended March 2025 stood at Rs 79.57
crore, compared to Rs 96.09 crore during the year ended March 2024.
Operational highlights: Sales
volume growth was 1.9% YoY, amounting to 58.6 million pieces in Q1FY2026.
Dividend: The
Board of Directors of the company has declared 1st interim dividend for FY2025-26 of Rs 150/- per
equity share.
Management Commentary:
Commenting on the results, Managing
Director, Mr. V. S. Ganesh said “I am happy to share that we have achieved PAT
growth 21.5% in the quarter. We continue to expand our consumer reach, pursue
several product innovation and process automation initiatives while focusing on
optimum market investments and cost efficiency measures.”| Page Industries : Standalone Results | | Quarter ended | Year ended |
|---|
| Particulars | 202506 | 202406 | Var.(%) | 202503 | 202403 | Var.(%) |
|---|
| Net Sales (including other operating income) | 1,316.56 | 1,277.52 | 3.06 | 4,934.91 | 4,569.23 | 8.00 | | OPM (%) | 22.38 | 19.05 | 333 bps | 21.53 | 18.82 | 271 bps | | OP | 294.69 | 243.35 | 21.10 | 1,062.56 | 859.82 | 23.58 | | Other Inc. | 14.81 | 12.90 | 14.81 | 61.63 | 32.40 | 90.22 | | PBIDT | 309.50 | 256.25 | 20.78 | 1,124.19 | 892.22 | 26.00 | | Interest | 12.66 | 11.69 | 8.30 | 46.38 | 44.89 | 3.32 | | PBDT | 296.84 | 244.56 | 21.38 | 1,077.81 | 847.33 | 27.20 | | Depreciation | 26.62 | 22.1 | 20.45 | 99.23 | 90.83 | 9.25 | | PBT | 270.22 | 222.46 | 21.47 | 978.58 | 756.5 | 29.36 | | PBT before EO | 270.22 | 222.46 | 21.47 | 978.58 | 756.5 | 29.36 | | EO Income | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 270.22 | 222.46 | 21.47 | 978.58 | 756.5 | 29.36 | | Taxation | 69.42 | 57.24 | 21.28 | 249.44 | 187.31 | 33.17 | | PAT | 200.8 | 165.22 | 21.53 | 729.14 | 569.19 | 28.10 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 200.8 | 165.22 | 21.53 | 729.14 | 569.19 | 28.10 | | EPS (Rs)* | 180.03 | 148.13 | 21.53 | 653.71 | 510.31 | 28.10 | | | * EPS is on current equity of Rs 11.15 crore, Face value of Rs 10, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
|
|
Peer Comparision (Standalone)
|
Q-202506
|
Sales
(Rs. Crs)
|
var.(%)
|
OP
(Rs. Crs)
|
var.(%)
|
Net Profit
(Rs. Crs)
|
var.(%)
|
Share Price(Rs)
07-Aug-2025
|
var.(%)
over
One year
|
TTM EPS
|
TTM PE
|
|
Page Industries Ltd
|
1,316.56
|
3.06
|
294.69
|
21.1
|
200.80
|
21.53
|
45,725.35
|
10.79
|
685.62
|
66.69
|
|
Aarnav Fashions Ltd
|
97.16
|
9.96
|
6.98
|
0.43
|
1.89
|
6.18
|
40.00
|
-13.98
|
2.21
|
18.09
|
|
Acknit Industries Ltd
|
55.25
|
-3.46
|
3.96
|
-6.6
|
1.71
|
-13.64
|
298.30
|
-5.30
|
28.68
|
10.40
|
|
Alan Scott Enterprises Ltd
|
0.40
|
-
|
0.07
|
LP
|
0.06
|
LP
|
192.75
|
276.91
|
1.91
|
100.96
|
|
Bella Casa Fashion & Retail Ltd
|
89.91
|
21.71
|
7.39
|
16.38
|
4.70
|
41.14
|
427.90
|
10.68
|
12.82
|
33.38
|
|
Cantabil Retail India Ltd
|
158.68
|
24.05
|
48.95
|
24.27
|
14.67
|
28.57
|
252.60
|
-11.83
|
9.34
|
27.04
|
|
Dhanlaxmi Fabrics Ltd
|
1.78
|
9.88
|
-0.67
|
PL
|
-0.25
|
83.66
|
57.02
|
-21.54
|
-2.44
|
-
|
|
Globe Textiles (India) Ltd
|
125.56
|
9.43
|
6.26
|
-15.52
|
0.91
|
-23.53
|
2.20
|
-52.89
|
0.13
|
17.17
|
|
Go Fashion (India) Ltd
|
222.83
|
1.24
|
68.72
|
-4.74
|
22.26
|
-22.3
|
709.20
|
-36.77
|
16.13
|
43.98
|
|
Gokaldas Exports Ltd
|
638.22
|
13.17
|
61.92
|
19.58
|
47.97
|
31.5
|
721.75
|
-27.98
|
27.70
|
26.06
|
|
Hindoostan Mills Ltd
|
3.41
|
-22.32
|
-0.12
|
PL
|
1.05
|
-26.57
|
193.95
|
-39.18
|
-40.90
|
-
|
|
Jasch Industries Ltd
|
41.89
|
0.17
|
4.08
|
14.61
|
2.21
|
16.32
|
173.40
|
1.58
|
11.46
|
15.13
|
|
K P R Mill Ltd
|
1,059.31
|
2.44
|
178.92
|
-15
|
161.81
|
5.48
|
1,015.95
|
8.09
|
19.35
|
52.50
|
|
Kewal Kiran Clothing Ltd
|
181.28
|
19.85
|
32.94
|
19.43
|
30.54
|
20.66
|
568.70
|
-13.95
|
23.70
|
23.99
|
|
Kitex Garments Ltd
|
196.69
|
3.28
|
37.01
|
-11.4
|
26.05
|
-13.02
|
179.65
|
110.91
|
7.47
|
24.05
|
|
Mallcom (India) Ltd
|
118.44
|
19.42
|
16.69
|
20.94
|
9.74
|
13.92
|
1,222.85
|
-6.63
|
95.90
|
12.75
|
|
Meyer Apparel Ltd
|
0.08
|
-74.19
|
-0.19
|
32.14
|
-0.19
|
29.63
|
2.73
|
36.50
|
-0.12
|
-
|
|
Monte Carlo Fashions Ltd
|
138.53
|
9.94
|
-5.87
|
-145.61
|
-16.32
|
-22.98
|
556.90
|
-16.20
|
37.02
|
15.04
|
|
Nandan Denim Ltd
|
1,047.68
|
45.18
|
32.41
|
0.53
|
11.20
|
49.53
|
3.52
|
-26.82
|
0.26
|
13.65
|
|
Pearl Global Industries Ltd
|
266.66
|
-3.44
|
17.71
|
-22.22
|
26.12
|
127.33
|
1,301.95
|
38.44
|
13.78
|
94.45
|
|
Premco Global Ltd
|
18.80
|
8.29
|
1.93
|
69.3
|
1.99
|
68.64
|
467.55
|
0.10
|
42.73
|
10.94
|
|
Raymond Lifestyle Ltd
|
1,105.58
|
25.24
|
73.28
|
100.88
|
-1.65
|
92.97
|
1,128.10
|
-60.42
|
9.99
|
112.89
|
|
SBC Exports Ltd
|
61.36
|
7.54
|
5.13
|
-13.49
|
3.40
|
-34.62
|
17.79
|
-1.39
|
0.32
|
56.40
|
|
Shoppers Stop Ltd
|
1,094.19
|
5.85
|
166.20
|
16.98
|
-17.89
|
20.52
|
514.30
|
-27.49
|
1.03
|
498.27
|
|
Shri Dinesh Mills Ltd
|
15.87
|
7.37
|
1.38
|
-30.65
|
4.04
|
6.04
|
294.50
|
-42.19
|
-7.70
|
-
|
|
Suditi Industries Ltd
|
23.40
|
85.57
|
1.95
|
LP
|
1.98
|
LP
|
70.60
|
404.29
|
1.69
|
41.87
|
|
T T Ltd
|
48.17
|
17.34
|
2.82
|
-90.63
|
0.43
|
LP
|
12.20
|
3.65
|
-0.08
|
-
|
|
United Polyfab Gujarat Ltd
|
146.18
|
6.14
|
13.36
|
61.16
|
5.93
|
57.29
|
38.16
|
324.94
|
0.86
|
44.12
|
|
V2 Retail Ltd
|
629.70
|
51.72
|
90.48
|
69.47
|
27.75
|
74.97
|
1,695.60
|
85.55
|
23.94
|
70.84
|
|
Vaxtex Cotfab Ltd
|
0.00
|
-
|
-0.21
|
PL
|
0.22
|
175
|
1.20
|
48.15
|
0.06
|
21.41
|
|
Vedant Fashions Ltd
|
281.19
|
17.25
|
120.59
|
7
|
70.26
|
12.43
|
733.25
|
-34.74
|
16.31
|
44.96
|
|
VIP Clothing Ltd
|
65.45
|
30.59
|
6.24
|
122.86
|
2.22
|
865.22
|
39.48
|
-11.06
|
0.83
|
47.76
|
|
Voith Paper Fabrics India Ltd
|
52.29
|
17.08
|
15.66
|
21.68
|
12.58
|
22.61
|
1,986.70
|
-16.85
|
96.15
|
20.66
|
|
Welspun Living Ltd
|
1,882.93
|
-13.22
|
165.32
|
-31.69
|
75.98
|
-47.65
|
118.70
|
-35.63
|
4.50
|
26.35
|
|
Industry
|
11,185.43
|
8.73
|
1,475.98
|
3.16
|
734.17
|
9.65
|
183,952.87
|
17.02
|
|
58.08
|
|