Page Industries Limited manufactures, markets, and distributes textile garments and clothing accessories for men, women, and junior girls and boys. More Details
Flawless balance sheet with acceptable track record.
Share Price & News
How has Page Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PAGEIND is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PAGEIND's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: PAGEIND exceeded the Indian Luxury industry which returned 64.9% over the past year.
Return vs Market: PAGEIND exceeded the Indian Market which returned 64.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Page Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StThese 4 Measures Indicate That Page Industries (NSE:PAGEIND) Is Using Debt Reasonably Well
2 months ago | Simply Wall StIs Page Industries Limited's (NSE:PAGEIND) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
2 months ago | Simply Wall StRead This Before Considering Page Industries Limited (NSE:PAGEIND) For Its Upcoming ₹150 Dividend
Is Page Industries undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PAGEIND (₹29637.3) is trading above our estimate of fair value (₹8869.25)
Significantly Below Fair Value: PAGEIND is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PAGEIND is poor value based on its PE Ratio (129.1x) compared to the IN Luxury industry average (16.4x).
PE vs Market: PAGEIND is poor value based on its PE Ratio (129.1x) compared to the Indian market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PAGEIND's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PAGEIND is overvalued based on its PB Ratio (36.9x) compared to the IN Luxury industry average (0.8x).
How is Page Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Page Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Page Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PAGEIND has high quality earnings.
Growing Profit Margin: PAGEIND's current net profit margins (10.3%) are lower than last year (12.8%).
Past Earnings Growth Analysis
Earnings Trend: PAGEIND's earnings have grown by 4.5% per year over the past 5 years.
Accelerating Growth: PAGEIND's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PAGEIND had negative earnings growth (-33.8%) over the past year, making it difficult to compare to the Luxury industry average (-19.1%).
Return on Equity
High ROE: PAGEIND's Return on Equity (28.6%) is considered high.
How is Page Industries's financial position?
Financial Position Analysis
Short Term Liabilities: PAGEIND's short term assets (₹11.6B) exceed its short term liabilities (₹6.2B).
Long Term Liabilities: PAGEIND's short term assets (₹11.6B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: PAGEIND's debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: PAGEIND's debt to equity ratio has reduced from 12.5% to 2.4% over the past 5 years.
Debt Coverage: PAGEIND's debt is well covered by operating cash flow (2626.2%).
Interest Coverage: PAGEIND's interest payments on its debt are well covered by EBIT (16.4x coverage).
What is Page Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PAGEIND's dividend (0.84%) is higher than the bottom 25% of dividend payers in the Indian market (0.42%).
High Dividend: PAGEIND's dividend (0.84%) is low compared to the top 25% of dividend payers in the Indian market (1.78%).
Stability and Growth of Payments
Stable Dividend: PAGEIND's dividend payments have been volatile in the past 10 years.
Growing Dividend: PAGEIND's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (108.9%), PAGEIND's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vedji Ticku (52 yo)
Mr. Vedji Ticku, B.E. (Mech), has been Chief Executive Officer of Page Industries Limited since February 12, 2016 and has been its Executive Director since May 25, 2017. Mr. Ticku served as the Chief Opera...
CEO Compensation Analysis
Compensation vs Market: Vedji's total compensation ($USD727.79K) is about average for companies of similar size in the Indian market ($USD667.88K).
Compensation vs Earnings: Vedji's compensation has been consistent with company performance over the past year.
Experienced Management: PAGEIND's management team is considered experienced (4.6 years average tenure).
Experienced Board: PAGEIND's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Page Industries Limited's company bio, employee growth, exchange listings and data sources
- Name: Page Industries Limited
- Ticker: PAGEIND
- Exchange: NSEI
- Founded: 1994
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹328.022b
- Shares outstanding: 11.15m
- Website: https://www.jockeyindia.com
Number of Employees
- Page Industries Limited
- Tower-1, Cessna Business Park
- 3rd Floor
Page Industries Limited manufactures, markets, and distributes textile garments and clothing accessories for men, women, and junior girls and boys. It offers vests, briefs, boxer briefs, trunks, boxer shor...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/05 12:02|
|End of Day Share Price||2021/05/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.