Page Industries Balance Sheet Health
Financial Health criteria checks 6/6
Page Industries has a total shareholder equity of ₹14.1B and total debt of ₹79.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹27.9B and ₹13.8B respectively. Page Industries's EBIT is ₹10.1B making its interest coverage ratio 233.3. It has cash and short-term investments of ₹5.1B.
Key information
0.56%
Debt to equity ratio
₹79.04m
Debt
| Interest coverage ratio | 233.3x |
| Cash | ₹5.07b |
| Equity | ₹14.09b |
| Total liabilities | ₹13.77b |
| Total assets | ₹27.86b |
Recent financial health updates
Page Industries (NSE:PAGEIND) Seems To Use Debt Rather Sparingly
Aug 29
Page Industries (NSE:PAGEIND) Has A Rock Solid Balance Sheet
Feb 26Recent updates
Page Industries (NSE:PAGEIND) Has Announced That Its Dividend Will Be Reduced To ₹125.00
Nov 17Should You Be Adding Page Industries (NSE:PAGEIND) To Your Watchlist Today?
Sep 17Page Industries (NSE:PAGEIND) Seems To Use Debt Rather Sparingly
Aug 29Page Industries' (NSE:PAGEIND) Dividend Will Be Reduced To ₹150.00
Aug 12Analyst Estimates: Here's What Brokers Think Of Page Industries Limited (NSE:PAGEIND) After Its Full-Year Report
Jul 12We Think Page Industries' (NSE:PAGEIND) Robust Earnings Are Conservative
May 23Is Now The Time To Put Page Industries (NSE:PAGEIND) On Your Watchlist?
Apr 15Page Industries (NSE:PAGEIND) Has A Rock Solid Balance Sheet
Feb 26Risks To Shareholder Returns Are Elevated At These Prices For Page Industries Limited (NSE:PAGEIND)
Dec 30Here's Why We Think Page Industries (NSE:PAGEIND) Might Deserve Your Attention Today
Dec 12
Critical E-commerce Expansion And Smart Technology Will Propel Revenue Growth And Strengthen Margins
Expansion in e-commerce and retail presence, especially in smaller cities, could drive future revenue growth through broader market penetration.Financial Position Analysis
Short Term Liabilities: PAGEIND's short term assets (₹18.6B) exceed its short term liabilities (₹11.4B).
Long Term Liabilities: PAGEIND's short term assets (₹18.6B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: PAGEIND has more cash than its total debt.
Reducing Debt: PAGEIND's debt to equity ratio has reduced from 2.4% to 0.6% over the past 5 years.
Debt Coverage: PAGEIND's debt is well covered by operating cash flow (11518.8%).
Interest Coverage: PAGEIND's interest payments on its debt are well covered by EBIT (233.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/17 09:04 |
| End of Day Share Price | 2025/11/17 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Page Industries Limited is covered by 47 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Videesha Sheth | Ambit Capital |
| Ashwin Mehta | Ambit Capital |