Declared Dividend • May 23
Fourth quarter dividend of ₹150 announced Shareholders will receive a dividend of ₹150. Ex-date: 27th May 2026 Payment date: 19th June 2026 Dividend yield will be 1.4%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (89% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 22
Full year 2026 earnings released: EPS: ₹685 (vs ₹654 in FY 2025) Full year 2026 results: EPS: ₹685 (up from ₹654 in FY 2025). Revenue: ₹52.5b (up 6.3% from FY 2025). Net income: ₹7.64b (up 4.8% from FY 2025). Profit margin: 15% (in line with FY 2025). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Price Target Changed • Feb 07
Price target decreased by 7.5% to ₹39,187 Down from ₹42,365, the current price target is an average from 26 analysts. New target price is 10% above last closing price of ₹35,518. Stock is down 17% over the past year. The company is forecast to post earnings per share of ₹693 for next year compared to ₹654 last year. Reported Earnings • Feb 06
Third quarter 2026 earnings released: EPS: ₹170 (vs ₹183 in 3Q 2025) Third quarter 2026 results: EPS: ₹170 (down from ₹183 in 3Q 2025). Revenue: ₹13.9b (up 5.6% from 3Q 2025). Net income: ₹1.90b (down 7.4% from 3Q 2025). Profit margin: 14% (down from 16% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Feb 04
Upcoming dividend of ₹150 per share Eligible shareholders must have bought the stock before 11 February 2026. Payment date: 07 March 2026. Payout ratio is on the higher end at 91%, and the cash payout ratio is above 100%. Trailing yield: 2.6%. Within top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.6%). Declared Dividend • Jan 18
Second quarter dividend of ₹150 announced Shareholders will receive a dividend of ₹150. Ex-date: 11th February 2026 Payment date: 7th March 2026 Dividend yield will be 1.8%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) nor is it covered by cash flows (125% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1.4% to bring the payout ratio under control. EPS is expected to grow by 31% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Declared Dividend • Nov 16
Second quarter dividend of ₹125 announced Shareholders will receive a dividend of ₹125. Ex-date: 19th November 2025 Payment date: 12th December 2025 Dividend yield will be 1.6%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio) nor is it covered by cash flows (125% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1.4% to bring the payout ratio under control. EPS is expected to grow by 32% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: ₹175 (vs ₹175 in 2Q 2025) Second quarter 2026 results: EPS: ₹175 (down from ₹175 in 2Q 2025). Revenue: ₹12.9b (up 3.6% from 2Q 2025). Net income: ₹1.95b (flat on 2Q 2025). Profit margin: 15% (in line with 2Q 2025). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Declared Dividend • Aug 09
First quarter dividend of ₹150 announced Shareholders will receive a dividend of ₹150. Ex-date: 13th August 2025 Payment date: 6th September 2025 Dividend yield will be 1.7%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is not covered by earnings (109% earnings payout ratio). However, it is covered by cash flows (89% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 22% to bring the payout ratio under control. EPS is expected to grow by 34% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Aug 08
First quarter 2026 earnings released: EPS: ₹180 (vs ₹148 in 1Q 2025) First quarter 2026 results: EPS: ₹180 (up from ₹148 in 1Q 2025). Revenue: ₹13.2b (up 3.1% from 1Q 2025). Net income: ₹2.01b (up 22% from 1Q 2025). Profit margin: 15% (up from 13% in 1Q 2025). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year. Annuncio • Aug 07
Page Industries Limited Announces Board Appointments Page Industries Limited announced that at its AGM held on August 7, 2025 approved Appointment of Mr. Suresh Eshwara Prabhala and Dinesh Ramkrishin Malkani as an Independent Directors. Reported Earnings • Jul 10
Full year 2025 earnings: EPS in line with expectations, revenues disappoint Full year 2025 results: EPS: ₹654 (up from ₹510 in FY 2024). Revenue: ₹49.3b (up 8.0% from FY 2024). Net income: ₹7.29b (up 28% from FY 2024). Profit margin: 15% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year. Annuncio • Jun 20
Page Industries Limited, Annual General Meeting, Aug 07, 2025 Page Industries Limited, Annual General Meeting, Aug 07, 2025, at 11:30 Indian Standard Time. Declared Dividend • May 17
Fourth quarter dividend of ₹200 announced Shareholders will receive a dividend of ₹200. Ex-date: 21st May 2025 Payment date: 13th June 2025 Dividend yield will be 1.9%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is not covered by earnings (130% earnings payout ratio). However, it is covered by cash flows (84% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. EPS is expected to grow by 39% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • May 16
Full year 2025 earnings released: EPS: ₹654 (vs ₹510 in FY 2024) Full year 2025 results: EPS: ₹654 (up from ₹510 in FY 2024). Revenue: ₹49.3b (up 7.7% from FY 2024). Net income: ₹7.29b (up 28% from FY 2024). Profit margin: 15% (up from 12% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 4% per year. Declared Dividend • Feb 07
Third quarter dividend of ₹150 announced Shareholders will receive a dividend of ₹150. Ex-date: 13th February 2025 Payment date: 7th March 2025 Dividend yield will be 1.9%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is not covered by earnings (136% earnings payout ratio). However, it is covered by cash flows (71% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 51% to bring the payout ratio under control. EPS is expected to grow by 48% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: ₹183 (vs ₹137 in 3Q 2024) Third quarter 2025 results: EPS: ₹183 (up from ₹137 in 3Q 2024). Revenue: ₹13.1b (up 6.9% from 3Q 2024). Net income: ₹2.05b (up 34% from 3Q 2024). Profit margin: 16% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year. Annuncio • Feb 05
Page Industries Limited Declares Third Interim Dividend 2024-25, Payable on or Before 7 March 2025 Page Industries Limited announced that the Board of Directors, at their meeting held February 5, 2025, has declared the 3rd Interim Dividend 2024-25 of INR 150/- per equity share. As informed earlier, the record date fixed for the payment of the interim dividend is 13 February 2025. The date fixed for payment of dividend is on or before 7 March 2025. Annuncio • Jan 08
Page Industries Limited to Report Q3, 2025 Results on Feb 05, 2025 Page Industries Limited announced that they will report Q3, 2025 results on Feb 05, 2025 Annuncio • Jan 06
Page Industries Limited Appoints Karthik Yathindra as CEO, Effective 01 April 2025 The Board of Directors of the Page Industries Limited at its meeting held on 06 January 2025, has considered and appointed Mr. Karthik Yathindra, as Chief Executive Officer with effect from 01 April 2025, by elevating him from President - Chief Sales and Marketing Officer. Term: As per employment policy of the Company Date of appointment: With effect from 01 April 2025. Experience; Mr. Karthik Yathindra has over fifteen years' experience in Sales, Retail, Product, Marketing and Business Management across consumer brands in the fashion and lifestyle space. Over the last nine years since Karthik joined Page, he has played an instrumental role in building Jockey to be amongst the most respected and aspired brands in the country. In addition to creating some memorable marketing campaigns, he is credited for having successfully steered the brand to enter new product categories and cater to new consumer segments in India. In his current role, he oversees both Jockey and Speedo and leads teams in-charge of functions including General Trade, Modern Retail, Ecommerce and D2C, Marketing, Product Development and Portfolio Management, Consumer Analytics and Visual Merchandising. He is responsible for brand health, product performance and business growth of Jockey and Speedo in India, and other International Licensed Markets. Mr. Karthik started his career with Titan Company Limited in the Watches and Accessories Division. During his stint at Titan which lasted over six years, he took on various roles including Sales and Distribution, Retail Operations, Product Management and Marketing across brands like Titan, Fastrack, Sonata and Zoop. Qualification; PGDM and B A (Law). Recent Insider Transactions • Dec 03
Non-Executive Director recently sold ₹423m worth of stock On the 26th of November, Ramesh Genomal sold around 9k shares on-market at roughly ₹45,520 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹893m. Insiders have been net sellers, collectively disposing of ₹11b more than they bought in the last 12 months. Recent Insider Transactions • Nov 19
Non-Executive Director recently sold ₹341m worth of stock On the 14th of November, Ramesh Genomal sold around 7k shares on-market at roughly ₹46,431 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹650m. Insiders have been net sellers, collectively disposing of ₹4.9b more than they bought in the last 12 months. Price Target Changed • Nov 12
Price target increased by 8.7% to ₹42,587 Up from ₹39,169, the current price target is an average from 21 analysts. New target price is 9.5% below last closing price of ₹47,074. Stock is up 27% over the past year. The company is forecast to post earnings per share of ₹620 for next year compared to ₹510 last year. Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: ₹175 (vs ₹135 in 2Q 2024) Second quarter 2025 results: EPS: ₹175 (up from ₹135 in 2Q 2024). Revenue: ₹12.5b (up 11% from 2Q 2024). Net income: ₹1.95b (up 30% from 2Q 2024). Profit margin: 16% (up from 13% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year. Declared Dividend • Nov 09
Second quarter dividend of ₹250 announced Shareholders will receive a dividend of ₹250. Ex-date: 14th November 2024 Payment date: 6th December 2024 Dividend yield will be 1.6%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is not covered by earnings (138% earnings payout ratio). However, it is well covered by cash flows (34% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 54% to bring the payout ratio under control. EPS is expected to grow by 54% over the next 3 years, which should be enough to bring the dividend into a sustainable range. Annuncio • Nov 07
Page Industries Limited Declares Second Interim Dividend for the Financial Year March 31, 2025, Payable on or Before 6 December 2024 Page Industries Limited at its board of directors meeting held on November 7, 2024, has declared Second Interim Dividend of INR 250 per equity share for the financial year March 31, 2025. The record date fixed for the payment of interim dividend is 16 November 2024. The date fixed for payment of dividend is on or before 6 December 2024. Annuncio • Oct 13
Page Industries Limited to Report Q2, 2025 Results on Nov 07, 2024 Page Industries Limited announced that they will report Q2, 2025 results on Nov 07, 2024 Annuncio • Sep 28
Page Industries Limited Announces Board Appointments Page Industries Limited appointed Shravan Subramanyam and Naina Krishna Murthy as an Independent Director. Recent Insider Transactions • Sep 25
Founder & Non-Executive Chairman recently sold ₹553m worth of stock On the 20th of September, Sunder Genomal sold around 13k shares on-market at roughly ₹43,018 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Sunder's only on-market trade for the last 12 months. Declared Dividend • Aug 10
First quarter dividend increased to ₹300 Dividend of ₹300 is 300% higher than last year. Ex-date: 16th August 2024 Payment date: 6th September 2024 Dividend yield will be 1.5%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is not covered by earnings (115% earnings payout ratio). However, it is well covered by cash flows (42% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 28% to bring the payout ratio under control. EPS is expected to grow by 52% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Annuncio • Aug 09
Page Industries Limited Approves First Interim Dividend for the Financial Year Ended March 31, 2025, Payable on or Before 6 September 2024 Page Industries Limited at its board meeting held on August 8, 2024 approved to declared First Interim Dividend of INR 300 per equity share for the financial year ended March 31, 2025. As informed earlier, the record date fixed for the payment of interim dividend is 17 August 2024. The date fixed for payment of dividend is on or before 6 September 2024. Annuncio • Aug 08
Page Industries Limited Announces Change in Directorate Page Industries Limited informed that the Board of Director of the Company at their meeting held on 8 August 2024 inter-alia noted/approved the following: Mr. Shahendar Genomal (DIN: 00931184) had vacated the office of Alternate Director to Mr. Ramesh Genomal (Original Director) (DIN: 00931277) since Original Director attended meeting on 8 August 2024. Mr. G P Albal (DIN: 00185820) and Mrs. Rukmani Menon (DIN: 02370521) is completing their second consecutive term as an Independent Director of the Company on 13 August 2024 and 30 September 2024 respectively and ceased to be Independent Director of the Company with effect from closing hours of 13 August 2024 and 30 September 2024 respectively, and Appointment of Dr. Shravan Subramanyam (DIN: 00695586) as Independent Director of the Company for a period of 5 years effective 14 August 2024. Dr. Shravan Subramanyam, aged 45 years, is a physician-executive and business leader with 20 years' experience in life sciences/medical devices across multiple geographies. After a stint as Managing Director, Wipro GE Healthcare, Dr. Subramanyam has recently taken up an advisory position at Premji Invest, developing an investment thesis in healthcare & med-tech. Prior to this, Dr. Subramanyam's career has spanned leadership roles in global pharma & diagnostics organizations, including Roche & Novartis. In addition to a degree in medicine from Madras Medical College, Dr. Subramanyam holds a master's degree in health administration from Cornell University, where he previously served on the alumni board. Qualification MBBS. Annuncio • Jul 16
Page Industries Limited to Report Q1, 2025 Results on Aug 08, 2024 Page Industries Limited announced that they will report Q1, 2025 results on Aug 08, 2024 Reported Earnings • Jul 16
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₹510 (down from ₹512 in FY 2023). Revenue: ₹45.8b (down 2.8% from FY 2023). Net income: ₹5.69b (flat on FY 2023). Profit margin: 12% (in line with FY 2023). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 5.3%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 8% per year. Recent Insider Transactions • Jun 29
Non Executive Director recently sold ₹108m worth of stock On the 24th of June, Sanjeev Genomal sold around 3k shares on-market at roughly ₹40,302 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹4.8b more than they bought in the last 12 months. Annuncio • Jun 18
Page Industries Limited, Annual General Meeting, Aug 08, 2024 Page Industries Limited, Annual General Meeting, Aug 08, 2024, at 11:30 Indian Standard Time. Declared Dividend • May 25
Fourth quarter dividend of ₹120 announced Shareholders will receive a dividend of ₹120. Ex-date: 31st May 2024 Payment date: 22nd June 2024 Dividend yield will be 1.0%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 24
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₹510 (down from ₹512 in FY 2023). Revenue: ₹45.8b (down 4.3% from FY 2023). Net income: ₹5.69b (flat on FY 2023). Profit margin: 12% (in line with FY 2023). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 5.3%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 27
Page Industries Limited to Report Q4, 2024 Results on May 23, 2024 Page Industries Limited announced that they will report Q4, 2024 results on May 23, 2024 Declared Dividend • Feb 10
Third quarter dividend of ₹100.00 announced Shareholders will receive a dividend of ₹100.00. Ex-date: 16th February 2024 Payment date: 8th March 2024 Dividend yield will be 0.9%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 69% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: ₹137 (vs ₹111 in 3Q 2023) Third quarter 2024 results: EPS: ₹137 (up from ₹111 in 3Q 2023). Revenue: ₹12.3b (flat on 3Q 2023). Net income: ₹1.52b (up 23% from 3Q 2023). Profit margin: 12% (up from 10% in 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 09
Page Industries Limited Announces Resignation of Mark Fedyk from the Board Page Industries Limited at its board meeting held on February 8, 2024 approved resignation of Mr. Mark Fedyk from the Board of the Company with effect from 8 February 2024 due to personal reasons. Annuncio • Feb 08
Page Industries Limited Declares Third Interim Dividend for the Fiscal Year 2023-24, Payable on or Before 8 March 2024 Page Industries Limited announced that at the board meeting held on 8 February 2024 it has declared third Interim Dividend for the fiscal year 2023-24 of INR 100/- per equity share. The record date fixed for the payment of interim dividend is 16 February 2024. The date fixed for payment of dividend is on or before 8 March 2024. Annuncio • Jan 16
Page Industries Limited to Report Q3, 2024 Results on Feb 08, 2024 Page Industries Limited announced that they will report Q3, 2024 results on Feb 08, 2024 Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: ₹135 (vs ₹145 in 2Q 2023) Second quarter 2024 results: EPS: ₹135 (down from ₹145 in 2Q 2023). Revenue: ₹11.3b (down 10% from 2Q 2023). Net income: ₹1.50b (down 7.3% from 2Q 2023). Profit margin: 13% (in line with 2Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annuncio • Nov 09
Page Industries Limited Approves Dividend, Payable on 18 November 2023 Page Industries Limited announced that the Board of Directors of the Company at their meeting held i.e., 9 November 2023 has declared 2 Interim Dividend 2023-24 of INR 75/- per equity share. As informed earlier, the record date fixed for the payment of interim dividend is 18 November 2023. The date fixed for payment of dividend is on or before 6 December 2023. Annuncio • Oct 18
Page Industries Limited to Report Q2, 2024 Results on Nov 09, 2023 Page Industries Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Recent Insider Transactions • Sep 30
Non Executive Director recently sold ₹435m worth of stock On the 22nd of September, Sanjeev Genomal sold around 11k shares on-market at roughly ₹39,784 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹813m. Insiders have been net sellers, collectively disposing of ₹4.5b more than they bought in the last 12 months. Recent Insider Transactions • Sep 16
Founder & Non-Executive Chairman recently sold ₹813m worth of stock On the 13th of September, Sunder Genomal sold around 20k shares on-market at roughly ₹40,775 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Sunder's only on-market trade for the last 12 months. Annuncio • Jul 18
Page Industries Limited to Report Q1, 2024 Results on Aug 10, 2023 Page Industries Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • Jul 15
Full year 2023 earnings released: EPS: ₹512 (vs ₹481 in FY 2022) Full year 2023 results: EPS: ₹512 (up from ₹481 in FY 2022). Revenue: ₹47.9b (up 23% from FY 2022). Net income: ₹5.71b (up 6.5% from FY 2022). Profit margin: 12% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 14
Page Industries Limited, Annual General Meeting, Aug 10, 2023 Page Industries Limited, Annual General Meeting, Aug 10, 2023, at 11:30 Indian Standard Time. Agenda: To receive, consider and adopt the audited financial statement for the financial year ended 31 March 2023, the Reports of the Board of Directors and the Auditors thereon; to appoint a Director in the place of Mr. Sunder Genomal who retires by rotation and being eligible, offers himself for re-appointment; to appoint a Director in the place of Mr. V S Ganesh who retires by rotation and being eligible, offers himself for re-appointment; and to discuss other matters. Reported Earnings • May 26
Full year 2023 earnings released: EPS: ₹512 (vs ₹481 in FY 2022) Full year 2023 results: EPS: ₹512 (up from ₹481 in FY 2022). Revenue: ₹48.0b (up 24% from FY 2022). Net income: ₹5.71b (up 6.5% from FY 2022). Profit margin: 12% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Annuncio • May 05
Page Industries Limited to Report Q4, 2023 Results on May 25, 2023 Page Industries Limited announced that they will report Q4, 2023 results on May 25, 2023 Price Target Changed • Feb 12
Price target decreased by 11% to ₹43,791 Down from ₹48,976, the current price target is an average from 20 analysts. New target price is 13% above last closing price of ₹38,790. Stock is down 2.6% over the past year. The company is forecast to post earnings per share of ₹617 for next year compared to ₹481 last year. Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: ₹111 (vs ₹157 in 3Q 2022) Third quarter 2023 results: EPS: ₹111 (down from ₹157 in 3Q 2022). Revenue: ₹12.2b (up 2.8% from 3Q 2022). Net income: ₹1.24b (down 29% from 3Q 2022). Profit margin: 10% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Annuncio • Jan 21
Page Industries Limited to Report Q3, 2023 Results on Feb 09, 2023 Page Industries Limited announced that they will report Q3, 2023 results on Feb 09, 2023 Annuncio • Jan 10
Page Industries Limited Announces Resignation of Rohan Genomal from the Position of Executive Director - Strategy Page Industries Limited informed that Mr. Rohan Genomal has submitted his resignation from the position of Executive Director -Strategy as he is relocating abroad due to personal reasons. Mr. Rohan Genomal has expressed his willingness to continue to contribute to the Company's success and long-term growth in the capacity of Non-Executive Director. Resignation of Mr. Rohan Genomal from the office of Executive Director was accepted by theBoard of Directors through circulation and the Board has acknowledged the contribution made by him during his tenure as Executive Director. The resignation will be effective from the close of business hours on 31 March 2023. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹145 (vs ₹144 in 2Q 2022) Second quarter 2023 results: EPS: ₹145 (up from ₹144 in 2Q 2022). Revenue: ₹12.6b (up 16% from 2Q 2022). Net income: ₹1.62b (up 1.0% from 2Q 2022). Profit margin: 13% (down from 15% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 26% per year. Annuncio • Nov 11
Page Industries Limited Declares Second Interim Dividend 2022-23, Payable on or Before 9 December 2022 Page Industries Limited announced that at its board meeting held on 10 November 2022, declared second Interim Dividend 2022-23 of INR 70 per equity share. As informed earlier, the record date fixed for the payment of interim dividend is 18 November 2022. The date fixed for payment of dividend is on or before 9 December 2022. Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: ₹145 (vs ₹144 in 2Q 2022) Second quarter 2023 results: EPS: ₹145 (up from ₹144 in 2Q 2022). Revenue: ₹12.6b (up 16% from 2Q 2022). Net income: ₹1.62b (up 1.0% from 2Q 2022). Profit margin: 13% (down from 15% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 27% per year. Annuncio • Oct 18
Page Industries Limited to Report Q2, 2023 Results on Nov 10, 2022 Page Industries Limited announced that they will report Q2, 2023 results on Nov 10, 2022 Annuncio • Sep 15
Page Industries Limited Announces Cessation of B C Prabhakar as Independent Director Page Industries Limited announced that Mr. B C Prabhakar Independent Director had completed his second term as an Independent Director of the Company on 12 September 2022 and ceased to be Independent Director of the Company with effect from closing hours of 12 September 2022. Annuncio • Aug 13
Page Industries Limited Announces Cessation of Sanjeev Genomal, Alternate Director Page Industries Limited announced that due to demise of Mr. Nari Genomal on 9 August 2022, Mr. Sanjeev Genomal, Alternate Director to Mr. Nari Genomal stand ceased. Price Target Changed • Aug 13
Price target increased to ₹45,637 Up from ₹42,219, the current price target is an average from 2 analysts. New target price is 7.2% below last closing price of ₹49,193. Stock is up 58% over the past year. The company is forecast to post earnings per share of ₹699 for next year compared to ₹481 last year. Annuncio • Aug 12
Page Industries Limited Declares Interim Dividend 2022-23, Payable on or Before September 9, 2022 Page Industries Limited declared 1st Interim Dividend 2022-23 of INR 60 per equity share. the record date fixed for the payment of interim dividend is 20 August 2022. The date fixed for payment of dividend is on or before 9 September, 2022. Annuncio • Jul 16
Page Industries Limited to Report Q1, 2023 Results on Aug 11, 2022 Page Industries Limited announced that they will report Q1, 2023 results on Aug 11, 2022 Reported Earnings • Jul 15
Full year 2022 earnings released: EPS: ₹481 (vs ₹305 in FY 2021) Full year 2022 results: EPS: ₹481 (up from ₹305 in FY 2021). Revenue: ₹38.9b (up 37% from FY 2021). Net income: ₹5.37b (up 57% from FY 2021). Profit margin: 14% (up from 12% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 26%, compared to a 23% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jun 19
Founder & Non-Executive Chairman recently sold ₹837m worth of stock On the 17th of June, Sunder Genomal sold around 21k shares on-market at roughly ₹40,395 per share. This was the largest sale by an insider in the last 3 months. Sunder has been a seller over the last 12 months, reducing personal holdings by ₹2.2b. Recent Insider Transactions • Jun 08
Non-Executive Director recently sold ₹143m worth of stock On the 3rd of June, Nari Genomal sold around 3k shares on-market at roughly ₹44,116 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹4.2b more than they bought in the last 12 months. Annuncio • Jun 07
Page Industries Limited, Annual General Meeting, Aug 11, 2022 Page Industries Limited, Annual General Meeting, Aug 11, 2022, at 11:30 Indian Standard Time. Reported Earnings • May 28
Full year 2022 earnings released: EPS: ₹481 (vs ₹305 in FY 2021) Full year 2022 results: EPS: ₹481 (up from ₹305 in FY 2021). Revenue: ₹38.9b (up 37% from FY 2021). Net income: ₹5.37b (up 57% from FY 2021). Profit margin: 14% (up from 12% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 23% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 27
Page Industries Limited Declares Fourth Interim Dividend for the Year 2021-22, Payable on or Before 24 June 2022 Page Industries Limited at the Board of Directors meeting held on 26 May 2022 has declared fourth Interim Dividend 2021-22 of INR 70 per equity share. As informed earlier, the record date fixed for the payment of interim dividend is 3 June 2022. The date fixed for payment of dividend is on or before 24 June 2022. Annuncio • May 03
Page Industries Limited to Report Q4, 2022 Results on May 26, 2022 Page Industries Limited announced that they will report Q4, 2022 results on May 26, 2022 Annuncio • Apr 10
Page Industries Limited Appoints V. S. Ganesh as Managing Director The Board of Directors of Page Industries Limited approved the appointment of Mr. V. S. Ganesh as Managing Director for a period of 5 years commencing from 1 June 2022 to 31 May 2027 (both days inclusive). Annuncio • Mar 02
Page Industries Limited Announces Appointment of Mr. V S Ganesh as Managing Director, effective from June 1, 2022 Page Industries Limited announced appointment of Mr. V S Ganesh, Executive Director and Chief Executive Officer as 'Managing Director' with effect from 1st June, 2022, subject to the approval of shareholders of the Company. Annuncio • Mar 01
Page Industries Limited Resignation of Mr. Sunder Genomal as Managing Director and Continue as Non-Executive Director, Effective from 31St May 2022 Page Industries Limited announced that Mr. Sunder Genomal has submitted his resignation from the position of Managing Director and will continue as Non-Executive Director. Mr. Sunder Genomal has expressed his willingness to continue to contribute to the Company's success and long-term growth in the capacity of Non-Executive Director. Resignation of Mr. Sunder Genomal from the office of MD was accepted by the Board of Directors through circulation and the Board has acknowledged the immense contribution made by him during his tenure as MD. The resignation will be effective from the close of business hours on 31st May 2022. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹157 (up from ₹138 in 3Q 2021). Revenue: ₹11.9b (up 28% from 3Q 2021). Net income: ₹1.75b (up 14% from 3Q 2021). Profit margin: 15% (down from 17% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 21%, compared to a 23% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Annuncio • Feb 11
Page Industries Limited Declares Third Interim Dividend for the Year 2021-2022, Payable on or Before March 10, 2022 Page Industries Limited announced that the Board of Directors of the Company at their meeting held on February 10, 2022, declared third Interim Dividend 2021-2022 of INR 100 per equity share. The record date fixed for the payment of interim dividend is February 18, 2022. The date fixed for payment of dividend is on or before March 10, 2022. Annuncio • Feb 04
Page Industries Limited to Report Q3, 2022 Results on Feb 10, 2022 Page Industries Limited announced that they will report Q3, 2022 results on Feb 10, 2022 Recent Insider Transactions • Dec 09
Non-Executive Director recently sold ₹284m worth of stock On the 7th of December, Nari Genomal sold around 10k shares on-market at roughly ₹28,925 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹2.3b more than they bought in the last 12 months. Board Change • Dec 06
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. 6 experienced directors. 5 highly experienced directors. Non-Executive & Non-Independent Director Mark Fedyk was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 21
Non-Executive Director recently sold ₹12m worth of stock On the 18th of November, Ramesh Genomal sold around 300 shares on-market at roughly ₹41,012 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹1.4b more than they bought in the last 12 months. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS ₹144 (vs ₹99.40 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2022 results: Revenue: ₹10.8b (up 46% from 2Q 2021). Net income: ₹1.60b (up 45% from 2Q 2021). Profit margin: 15% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Price Target Changed • Nov 13
Price target increased to ₹35,556 Up from ₹31,166, the current price target is provided by 1 analyst. New target price is 12% below last closing price of ₹40,440. Stock is up 85% over the past year. The company posted earnings per share of ₹305 last year. Annuncio • Jun 18
Page Industries Limited Announces Resumption of Operations Page Industries Limited announced that the Company's manufacturing operations in Karnataka have been resumed with 30% employees with health and safety guidelines in place as per Government order. Recent Insider Transactions • Jun 11
Founder recently sold ₹165m worth of stock On the 8th of June, Sunder Genomal sold around 5k shares on-market at roughly ₹31,086 per share. This was the largest sale by an insider in the last 3 months. This was Sunder's only on-market trade for the last 12 months. Executive Departure • Jun 01
CEO & Executive Director Vedji Ticku has left the company On the 31st of May, Vedji Ticku's tenure as CEO & Executive Director of the company ended after 5.3 years in the role. We don't have any record of a personal shareholding under Vedji's name. A total of 3 executives have left over the last 12 months. Under Vedji's leadership, the company delivered a total shareholder return of 198%. Reported Earnings • May 28
Full year 2021 earnings released: EPS ₹305 (vs ₹308 in FY 2020) The company reported a soft full year result with weaker revenues, although earnings and profit margins were flat. Full year 2021 results: Revenue: ₹28.5b (down 3.2% from FY 2020). Net income: ₹3.41b (flat on FY 2020). Profit margin: 12% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.