Ankündigung • Jul 21
The Phoenix Mills Limited to Report Q1, 2027 Results on Jul 28, 2026 The Phoenix Mills Limited announced that they will report Q1, 2027 results on Jul 28, 2026 Ankündigung • Apr 20
The Phoenix Mills Limited to Report Q4, 2026 Results on Apr 27, 2026 The Phoenix Mills Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on Apr 27, 2026 Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,764, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 21x in the Real Estate industry in India. Total returns to shareholders of 173% over the past three years. Ankündigung • Jan 21
The Phoenix Mills Limited to Report Q3, 2026 Results on Jan 28, 2026 The Phoenix Mills Limited announced that they will report Q3, 2026 results on Jan 28, 2026 Ankündigung • Oct 24
The Phoenix Mills Limited to Report Q2, 2026 Results on Oct 31, 2025 The Phoenix Mills Limited announced that they will report Q2, 2026 results on Oct 31, 2025 Upcoming Dividend • Sep 08
Upcoming dividend of ₹2.50 per share Eligible shareholders must have bought the stock before 15 September 2025. Payment date: 29 October 2025. Payout ratio is a comfortable 9.1% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.5%). Ankündigung • Sep 03
The Phoenix Mills Limited, Annual General Meeting, Sep 29, 2025 The Phoenix Mills Limited, Annual General Meeting, Sep 29, 2025, at 14:30 Indian Standard Time. Ankündigung • Jul 25
The Phoenix Mills Limited (BSE:503100) agreed to acquire remaining 49% stake in Island Star Mall Developers Private Limited from Canada Pension Plan Investment Board for INR 54.5 billion. The Phoenix Mills Limited (BSE:503100) agreed to acquire remaining 49% stake in Island Star Mall Developers Private Limited from Canada Pension Plan Investment Board for INR 54.5 billion on July 24, 2025. A cash consideration of INR 54.49 billion will be paid by The Phoenix Mills Limited. As part of consideration, INR 54.49 billion is paid towards common equity of Island Star Mall Developers Private Limited. Upon completion, The Phoenix Mills Limited will own 100% stake in Island Star Mall Developers Private Limited. First tranche of INR 12.57 billion will paid in FY26. Second tranche of INR 13.7 billion will be paid in FY27. Third tranche of INR 13.58 billion will be paid in FY28, Fourth tranche of INR 14.65 billion will be paid in FY29. Island Star Mall Developers Private Limited reported EBITDA of INR 6.17 billion and net debt of INR 5.96 billion as on March 31, 2025
The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer shareholders, approval of offer by acquirer board and subject to approval of Competition Commission of India. The deal has been approved by the board. The deal will be funded substantially from surplus cash, Internal accruals generated and Incremental debt at Island Star Mall Developers Private Limited. First tranche of INR 12.57 billion will be funded by debt of Star Mall Developers Private Limited.
Morgan Stanley India Company Private Limited acted as financial advisor for The Phoenix Mills Limited. Morgan Stanley India Company Private Limited acted as fairness opinion provider for The Phoenix Mills Limited. Ankündigung • Jul 17
The Phoenix Mills Limited to Report Q1, 2026 Results on Jul 24, 2025 The Phoenix Mills Limited announced that they will report Q1, 2026 results on Jul 24, 2025 Ankündigung • Apr 23
The Phoenix Mills Limited to Report Q4, 2025 Results on Apr 30, 2025 The Phoenix Mills Limited announced that they will report Q4, 2025 results on Apr 30, 2025 Ankündigung • Jan 22
The Phoenix Mills Limited to Report Q3, 2025 Results on Jan 30, 2025 The Phoenix Mills Limited announced that they will report Q3, 2025 results on Jan 30, 2025 Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,627, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 40x in the Real Estate industry in India. Total returns to shareholders of 238% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹805 per share. Ankündigung • Oct 26
The Phoenix Mills Limited Appoints Bhavik Gala as Company Secretary and Compliance Officer The Phoenix Mills Limited informed that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of Company at its meeting held on October 25, 2024 has approved the appointment of Mr. Bhavik Gala, Company Secretary and Compliance Officer, designated as Key Managerial Personnel of the Company under the Senior Management Personnel category with effect from October 25, 2024. Term of Appointment - Full-time employment. Mr. Bhavik Gala is a fellow member of The Institute of Company Secretaries of India (ICSI) and commerce and law graduate from Mumbai University and also a rank holder in Post Graduate in Diploma in Securities Law. He is member of various professional associations. Mr. Bhavik has over 16 years of rich experience in Corporate secretarial, compliance and governance functions and has handled various critical assignments relating to mergers, amalgamations, acquisitions, fund raising. He has previously worked with listed companies which includes Reliance Industries Limited, Blue Star Limited and IDFC First Bank. He has been regularly contributing by writing various articles and publications on various secretarial, governance and compliance topics and delivered lectures and conducted training programs and also won various awards and received accolades during his previous stints. He also received the Best Participant award of the Secretarial Modular Training Program (SMTP) conducted by the Western India Regional Council (WIRC) of ICSI. Ankündigung • Oct 18
The Phoenix Mills Limited to Report Q2, 2025 Results on Oct 25, 2024 The Phoenix Mills Limited announced that they will report Q2, 2025 results on Oct 25, 2024 New Risk • Sep 19
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Ankündigung • Sep 14
The Phoenix Mills Limited Approves Dividend for the Financial Year Ended March 31, 2024 The Phoenix Mills Limited at its AGM held on September 13, 2024, approved the dividend of INR 5 per Equity Share of the face value of INR 2 each for the Financial Year ended March 31, 2024. Ankündigung • Sep 13
The Phoenix Mills Limited Announces Resignation of Gajendra Mewara as Company Secretary The Phoenix Mills Limited informed that Mr. Gajendra Mewara, Company Secretary (Key Managerial Personnel) of the Company has tendered his resignation to pursue other professional opportunities outside the Company. His resignation will be effective from close of business hours on September 13, 2024. Upcoming Dividend • Aug 13
Upcoming dividend of ₹5.00 per share Eligible shareholders must have bought the stock before 20 August 2024. Payment date: 13 October 2024. Payout ratio is a comfortable 8.1% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.4%). Ankündigung • Aug 06
The Phoenix Mills Limited, Annual General Meeting, Sep 13, 2024 The Phoenix Mills Limited, Annual General Meeting, Sep 13, 2024, at 15:30 Indian Standard Time. Ankündigung • Jul 24
The Phoenix Mills Limited to Report Q1, 2025 Results on Jul 31, 2024 The Phoenix Mills Limited announced that they will report Q1, 2025 results on Jul 31, 2024 Price Target Changed • May 22
Price target increased by 8.0% to ₹3,092 Up from ₹2,863, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of ₹3,221. Stock is up 126% over the past year. The company is forecast to post earnings per share of ₹71.28 for next year compared to ₹61.36 last year. Ankündigung • May 12
The Phoenix Mills Limited to Report Q4, 2024 Results on May 17, 2024 The Phoenix Mills Limited announced that they will report Q4, 2024 results on May 17, 2024 Price Target Changed • Apr 19
Price target increased by 7.7% to ₹2,813 Up from ₹2,613, the current price target is an average from 16 analysts. New target price is 11% below last closing price of ₹3,156. Stock is up 128% over the past year. The company is forecast to post earnings per share of ₹58.04 for next year compared to ₹74.76 last year. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹2,807, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 41x in the Real Estate industry in India. Total returns to shareholders of 246% over the past three years. Ankündigung • Feb 03
The Phoenix Mills Limited to Report Q3, 2024 Results on Feb 12, 2024 The Phoenix Mills Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹2,641, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 45x in the Real Estate industry in India. Total returns to shareholders of 224% over the past three years. Ankündigung • Dec 31
The Phoenix Mills Limited Approves the Appointment of Sumanta Datta as Non-Executive Independent Director The Phoenix Mills Limited approved the appointment of Mr. Sumanta Datta (DIN - 09462502) as Non-Executive Independent Director on the Board of the Company by way of Postal Ballot (through remote e-voting facility) for a first term of five years with effect from November 08, 2023 to November 07, 2028 (both days inclusive). Mr. Sumanta Datta is a seasoned industry veteran with over 25 years of experience leading large commercial operations, marketing, and distribution in consumer goods and durables industries. He has a proven track record of driving growth through innovation,partnerships, and strategic interventions in markets like India, China, Indonesia, Bangladesh, and South-West Asia. Mr. Datta is currently serving as an Advisor and Operating Partner to Venture Debt funds, Data Analytics, and Food & Beverages start-ups, Mr. Datta facilitates rapid expansion of capabilities and operations. He holds a Master's Degree in Business Administration from Rutgers, The State University of New Jersey, USA, and is the Managing Director at Oxford University Press India. Prior roles include Vice President at the Coca-Cola Company and overseeing Logitech's operations in India, Indonesia, and Southwest Asia. Price Target Changed • Nov 12
Price target increased by 9.0% to ₹2,091 Up from ₹1,917, the current price target is an average from 17 analysts. New target price is approximately in line with last closing price of ₹2,010. Stock is up 32% over the past year. The company is forecast to post earnings per share of ₹55.57 for next year compared to ₹74.76 last year. Ankündigung • Nov 02
The Phoenix Mills Limited to Report Q2, 2024 Results on Nov 08, 2023 The Phoenix Mills Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Ankündigung • Sep 26
The Phoenix Mills Limited Approves to Declare A Dividend for the Financial Year Ended March 31, 2023 The Phoenix Mills Limited announced at the AGM held on September 22, 2023, approved to declare a dividend of INR 5.00/- per Equity Share of the face value of INR 2 for the Financial Year ended March 31, 2023. Upcoming Dividend • Sep 08
Upcoming dividend of ₹5.00 per share at 0.3% yield Eligible shareholders must have bought the stock before 15 September 2023. Payment date: 22 October 2023. Payout ratio is a comfortable 6.7% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.5%). Ankündigung • Aug 29
The Phoenix Mills Limited, Annual General Meeting, Sep 22, 2023 The Phoenix Mills Limited, Annual General Meeting, Sep 22, 2023, at 15:30 Indian Standard Time. New Risk • Aug 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 30% Last year net profit margin: 53% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Ankündigung • Aug 03
The Phoenix Mills Limited to Report Q1, 2024 Results on Aug 08, 2023 The Phoenix Mills Limited announced that they will report Q1, 2024 results on Aug 08, 2023 Ankündigung • May 25
The Phoenix Mills Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023 The Phoenix Mills Limited announced that the Board of Directors of the Company at their meeting held on May 24, 2023, have considered and recommended a final dividend of INR 5 per Equity Share of face value of INR 2 each (250%) for the financial year ended March 31, 2023. Ankündigung • May 19
The Phoenix Mills Limited to Report Q4, 2023 Results on May 24, 2023 The Phoenix Mills Limited announced that they will report Q4, 2023 results on May 24, 2023 Ankündigung • Jan 31
The Phoenix Mills Limited to Report Q3, 2023 Results on Feb 07, 2023 The Phoenix Mills Limited announced that they will report Q3, 2023 results on Feb 07, 2023 Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Director of Projects Delivery & Whole Time Director Rajesh Kulkarni was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Nov 11
Price target increased to ₹1,580 Up from ₹1,470, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of ₹1,529. Stock is up 41% over the past year. The company is forecast to post earnings per share of ₹50.39 for next year compared to ₹13.31 last year. Upcoming Dividend • Sep 05
Upcoming dividend of ₹2.40 per share Eligible shareholders must have bought the stock before 12 September 2022. Payment date: 20 October 2022. Payout ratio is a comfortable 4.5% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (0.7%). Price Target Changed • Aug 16
Price target increased to ₹1,402 Up from ₹1,303, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of ₹1,365. Stock is up 63% over the past year. The company is forecast to post earnings per share of ₹45.72 for next year compared to ₹13.31 last year. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Director of Projects Delivery & Whole Time Director Rajesh Kulkarni was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Director of Projects Delivery & Whole Time Director Rajesh Kulkarni was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Nov 08
Price target increased to ₹1,128 Up from ₹1,024, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of ₹1,101. Stock is up 96% over the past year. The company is forecast to post earnings per share of ₹11.86 for next year compared to ₹3.20 last year. Recent Insider Transactions • Aug 25
Insider recently sold ₹3.3m worth of stock On the 17th of August, Rashmi Sen sold around 4k shares on-market at roughly ₹830 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹13m. Insiders have been net sellers, collectively disposing of ₹93m more than they bought in the last 12 months. Recent Insider Transactions • Aug 21
Board Member recently sold ₹4.4m worth of stock On the 13th of August, Rajesh Kulkarni sold around 5k shares on-market at roughly ₹877 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹13m. Insiders have been net sellers, collectively disposing of ₹90m more than they bought in the last 12 months. Recent Insider Transactions • Jul 09
Chief Operating Officer of Malls recently sold ₹2.0m worth of stock On the 30th of June, Rashmi Sen sold around 3k shares on-market at roughly ₹810 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹13m. Insiders have been net sellers, collectively disposing of ₹87m more than they bought in the last 12 months. Recent Insider Transactions • Jun 12
Insider recently sold ₹13m worth of stock On the 4th of June, Manish Singh sold around 15k shares on-market at roughly ₹864 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹84m more than they bought in the last 12 months. Recent Insider Transactions • Feb 26
Chief Operating Officer of Malls recently sold ₹4.1m worth of stock On the 18th of February, Rashmi Sen sold around 5k shares on-market at roughly ₹820 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹10m. Insiders have been net sellers, collectively disposing of ₹61m more than they bought in the last 12 months. Recent Insider Transactions • Feb 22
Insider recently sold ₹1.5m worth of stock On the 15th of February, Vidyasagar Pingali sold around 2k shares on-market at roughly ₹834 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹10m. Insiders have been net sellers, collectively disposing of ₹68m more than they bought in the last 12 months. Analyst Estimate Surprise Post Earnings • Feb 13
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 0.9%. Earnings per share (EPS) exceeded analyst estimates by 1,895%. Over the next year, revenue is forecast to grow 81%, compared to a 17% growth forecast for the Real Estate industry in India. Is New 90 Day High Low • Feb 03
New 90-day high: ₹851 The company is up 54% from its price of ₹552 on 04 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 42% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹21.91 per share. Price Target Changed • Jan 09
Price target raised to ₹806 Up from ₹745, the current price target is an average from 13 analysts. The new target price is close to the current share price of ₹791. As of last close, the stock is down 10% over the past year. Is New 90 Day High Low • Jan 01
New 90-day high: ₹785 The company is up 31% from its price of ₹600 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 42% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹21.95 per share. Recent Insider Transactions • Dec 30
Insider recently sold ₹785k worth of stock On the 21st of December, Amit Kumar sold around 1k shares on-market at roughly ₹785 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹12m. Insiders have been net sellers, collectively disposing of ₹62m more than they bought in the last 12 months. Recent Insider Transactions • Dec 19
Insider recently sold ₹2.3m worth of stock On the 15th of December, Dipesh Gandhi sold around 3k shares on-market at roughly ₹766 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹12m. Insiders have been net sellers, collectively disposing of ₹59m more than they bought in the last 12 months. Is New 90 Day High Low • Dec 15
New 90-day high: ₹772 The company is up 22% from its price of ₹631 on 15 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹21.69 per share. Recent Insider Transactions • Dec 09
Group CFO recently sold ₹10m worth of stock On the 2nd of December, Pradumna Kanodia sold around 13k shares on-market at roughly ₹780 per share. In the last 3 months, they made an even bigger sale worth ₹12m. Pradumna has been a seller over the last 12 months, reducing personal holdings by ₹22m.