Phoenix Mills Future Growth

Future criteria checks 4/6

Phoenix Mills is forecast to grow earnings and revenue by 21.3% and 17.3% per annum respectively. EPS is expected to grow by 22% per annum. Return on equity is forecast to be 14.2% in 3 years.

Key information

21.3%

Earnings growth rate

22.0%

EPS growth rate

Real Estate earnings growth	32.1%
Revenue growth rate	17.3%
Future return on equity	14.2%
Analyst coverage	Good
Last updated	18 Apr 2024

Recent future growth updates

Recent updates

There's Reason For Concern Over The Phoenix Mills Limited's (NSE:PHOENIXLTD) Massive 25% Price Jump

Apr 25

Phoenix Mills (NSE:PHOENIXLTD) Seems To Use Debt Quite Sensibly

Mar 23

Optimistic Investors Push The Phoenix Mills Limited (NSE:PHOENIXLTD) Shares Up 27% But Growth Is Lacking

Feb 25

Phoenix Mills (NSE:PHOENIXLTD) Seems To Use Debt Quite Sensibly

Nov 18

We Take A Look At Why The Phoenix Mills Limited's (NSE:PHOENIXLTD) CEO Has Earned Their Pay Packet

Sep 16

Phoenix Mills (NSE:PHOENIXLTD) Is Increasing Its Dividend To ₹5.00

Sep 03

With EPS Growth And More, Phoenix Mills (NSE:PHOENIXLTD) Makes An Interesting Case

Aug 08

The Chief Operating Officer of Malls of The Phoenix Mills Limited (NSE:PHOENIXLTD), Rashmi Sen, Just Sold 56% Of Their Holding

Feb 26

Announcing: Phoenix Mills (NSE:PHOENIXLTD) Stock Increased An Energizing 198% In The Last Five Years

Feb 25

Should You Use Phoenix Mills' (NSE:PHOENIXLTD) Statutory Earnings To Analyse It?

Feb 07

Has The Phoenix Mills Limited's (NSE:PHOENIXLTD) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Jan 21

Could The The Phoenix Mills Limited (NSE:PHOENIXLTD) Ownership Structure Tell Us Something Useful?

Jan 03

Phoenix Mills (NSE:PHOENIXLTD) Has A Somewhat Strained Balance Sheet

Dec 14

Group CFO Pradumna Kanodia Just Sold A Bunch Of Shares In The Phoenix Mills Limited (NSE:PHOENIXLTD)

Nov 26

These Analysts Just Made A Sizeable Downgrade To Their The Phoenix Mills Limited (NSE:PHOENIXLTD) EPS Forecasts

Nov 17

Should You Think About Buying The Phoenix Mills Limited (NSE:PHOENIXLTD) Now?

Nov 05

If You Had Bought Phoenix Mills (NSE:PHOENIXLTD) Shares Five Years Ago You'd Have Earned 68% Returns

Oct 20

Is The Phoenix Mills Limited (NSE:PHOENIXLTD) Popular Amongst Institutions?

Sep 30

Are Phoenix Mills's (NSE:PHOENIXLTD) Statutory Earnings A Good Guide To Its Underlying Profitability?

Sep 15

Don't Ignore The Fact That This Insider Just Sold Some Shares In The Phoenix Mills Limited (NSE:PHOENIXLTD)

Aug 29

Has The Phoenix Mills Limited's (NSE:PHOENIXLTD) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Aug 25

Why The Phoenix Mills Limited (NSE:PHOENIXLTD) Could Be Worth Watching

Aug 06

Can You Imagine How Phoenix Mills' (NSE:PHOENIXLTD) Shareholders Feel About The 62% Share Price Increase?

Jul 19

Need To Know: Analysts Just Made A Substantial Cut To Their The Phoenix Mills Limited (NSE:PHOENIXLTD) Estimates

Jul 01

Earnings and Revenue Growth Forecasts

NSEI:PHOENIXLTD - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	49,851	16,026	15,228	N/A	13
3/31/2025	43,569	13,238	11,521	N/A	14
3/31/2024	35,990	10,364	5,284	N/A	15
12/31/2023	34,008	10,266	N/A	N/A	N/A
9/30/2023	30,985	9,236	16,819	16,819	N/A
6/30/2023	28,746	8,568	N/A	N/A	N/A
3/31/2023	26,383	13,350	13,561	13,561	N/A
12/31/2022	23,706	11,857	N/A	N/A	N/A
9/30/2022	21,118	11,082	13,988	13,988	N/A
6/30/2022	18,585	9,804	N/A	N/A	N/A
3/31/2022	14,835	2,374	7,806	7,806	N/A
12/31/2021	13,576	1,934	N/A	N/A	N/A
9/30/2021	12,648	1,642	4,558	4,558	N/A
6/30/2021	11,428	688	N/A	N/A	N/A
3/31/2021	10,082	576	4,319	4,319	N/A
12/31/2020	9,887	338	N/A	N/A	N/A
9/30/2020	11,627	602	5,395	5,395	N/A
6/30/2020	13,934	1,619	6,059	6,059	N/A
3/31/2020	18,432	3,347	7,386	7,386	N/A
12/31/2019	21,700	5,164	N/A	N/A	N/A
9/30/2019	20,986	4,954	N/A	N/A	N/A
6/30/2019	20,542	4,917	N/A	N/A	N/A
3/31/2019	18,864	4,210	3,503	3,503	N/A
12/31/2018	16,966	2,852	N/A	N/A	N/A
9/30/2018	16,728	2,796	N/A	N/A	N/A
6/30/2018	16,387	2,593	N/A	N/A	N/A
3/31/2018	15,441	2,424	15,142	15,142	N/A
12/31/2017	16,375	1,756	N/A	N/A	N/A
9/30/2017	16,576	1,549	N/A	N/A	N/A
6/30/2017	17,781	1,675	N/A	N/A	N/A
3/31/2017	18,246	1,679	N/A	14,189	N/A
12/31/2016	18,352	1,008	N/A	N/A	N/A
9/30/2016	18,932	1,041	N/A	N/A	N/A
6/30/2016	18,247	880	N/A	N/A	N/A
3/31/2016	17,795	1,289	N/A	4,972	N/A
12/31/2015	16,305	292	N/A	N/A	N/A
9/30/2015	15,977	394	N/A	N/A	N/A
6/30/2015	16,188	357	N/A	N/A	N/A
3/31/2015	16,533	354	N/A	5,636	N/A
12/31/2014	16,034	1,082	N/A	N/A	N/A
9/30/2014	15,967	893	N/A	N/A	N/A
6/30/2014	16,297	1,423	N/A	N/A	N/A
3/31/2014	13,711	1,285	N/A	3,768	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PHOENIXLTD's forecast earnings growth (21.3% per year) is above the savings rate (6.7%).

Earnings vs Market: PHOENIXLTD's earnings (21.3% per year) are forecast to grow faster than the Indian market (17.8% per year).

High Growth Earnings: PHOENIXLTD's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PHOENIXLTD's revenue (17.3% per year) is forecast to grow faster than the Indian market (10.2% per year).

High Growth Revenue: PHOENIXLTD's revenue (17.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PHOENIXLTD's Return on Equity is forecast to be low in 3 years time (14.2%).

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Phoenix Mills Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 7.7% to ₹2,813

Price target increased by 9.0% to ₹2,091

Price target increased to ₹1,580

Price target increased to ₹1,402

Price target increased to ₹1,128

Price target raised to ₹806

Recent updates

There's Reason For Concern Over The Phoenix Mills Limited's (NSE:PHOENIXLTD) Massive 25% Price Jump

Price target increased by 7.7% to ₹2,813

Phoenix Mills (NSE:PHOENIXLTD) Seems To Use Debt Quite Sensibly

Optimistic Investors Push The Phoenix Mills Limited (NSE:PHOENIXLTD) Shares Up 27% But Growth Is Lacking

The Phoenix Mills Limited Announces Resignation of Rajendra Kalkar as Director and Whole-Time Director, Effective from March 8, 2024

Investor sentiment improves as stock rises 19%

The Phoenix Mills Limited to Report Q3, 2024 Results on Feb 12, 2024

Investor sentiment improves as stock rises 18%

The Phoenix Mills Limited Approves the Appointment of Sumanta Datta as Non-Executive Independent Director

Phoenix Mills (NSE:PHOENIXLTD) Seems To Use Debt Quite Sensibly

Price target increased by 9.0% to ₹2,091

The Phoenix Mills Limited to Report Q2, 2024 Results on Nov 08, 2023

The Phoenix Mills Limited Approves to Declare A Dividend for the Financial Year Ended March 31, 2023

We Take A Look At Why The Phoenix Mills Limited's (NSE:PHOENIXLTD) CEO Has Earned Their Pay Packet

Upcoming dividend of ₹5.00 per share at 0.3% yield

Phoenix Mills (NSE:PHOENIXLTD) Is Increasing Its Dividend To ₹5.00

The Phoenix Mills Limited, Annual General Meeting, Sep 22, 2023

New minor risk - Profit margin trend

With EPS Growth And More, Phoenix Mills (NSE:PHOENIXLTD) Makes An Interesting Case

The Phoenix Mills Limited to Report Q1, 2024 Results on Aug 08, 2023

Here's Why Phoenix Mills (NSE:PHOENIXLTD) Can Manage Its Debt Responsibly

The Phoenix Mills Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023

The Phoenix Mills Limited to Report Q4, 2023 Results on May 24, 2023

Should You Be Adding Phoenix Mills (NSE:PHOENIXLTD) To Your Watchlist Today?

The Phoenix Mills Limited to Report Q3, 2023 Results on Feb 07, 2023

Is Phoenix Mills (NSE:PHOENIXLTD) A Risky Investment?

Here's Why We Think Phoenix Mills (NSE:PHOENIXLTD) Is Well Worth Watching

Insufficient new directors

Price target increased to ₹1,580

The Phoenix Mills Limited to Report Q2, 2023 Results on Nov 08, 2022

The Phoenix Mills Limited Approves Dividend for the Financial Year Ended March 31, 2022

Upcoming dividend of ₹2.40 per share

The Phoenix Mills Limited Proposes Dividend for the Financial Year Ended March 31, 2022, Payable on or After September 21, 2022

Phoenix Mills' (NSE:PHOENIXLTD) Dividend Will Be Increased To ₹2.40

The Phoenix Mills Limited, Annual General Meeting, Sep 20, 2022

Price target increased to ₹1,402

The Phoenix Mills Limited to Report Q1, 2023 Results on Aug 11, 2022

The Phoenix Mills Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022

The Phoenix Mills Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022

The Phoenix Mills Limited to Report Q4, 2022 Final Results on May 24, 2022

The Phoenix Mills Limited (BSE:503100) completed the acquisition of remaining 50% stake in Classic Mall Development Company Pvt. Ltd. from Crest Ventures Limited (BSE:511413) and Escorts Developers Private Limited for INR 9.4 billion.

Insufficient new directors

The Phoenix Mills Limited (BSE:503100) entered into a non-binding term sheet to acquire Classic Mall Development Company Pvt. Ltd. from Crest Ventures Limited (BSE:511413) and Escorts Developers Private Limited for approximately INR 9.2 billion.

The Phoenix Mills Limited to Report Q3, 2022 Results on Feb 07, 2022

Insufficient new directors

Is Phoenix Mills (NSE:PHOENIXLTD) Using Too Much Debt?

Price target increased to ₹1,128

Insider recently sold ₹3.3m worth of stock

Board Member recently sold ₹4.4m worth of stock

Is Phoenix Mills (NSE:PHOENIXLTD) Using Too Much Debt?

Chief Operating Officer of Malls recently sold ₹2.0m worth of stock

Insider recently sold ₹13m worth of stock

GIC Pte. Ltd. and The Phoenix Mills Limited (BSE:503100) agreed to acquire Portfolio Of Retail Led Mixed Use Developments.

The Phoenix Mills Limited Recommends Final Dividend for the Financial Year Ended March 31, 2021

Is Phoenix Mills (NSE:PHOENIXLTD) A Risky Investment?

The Chief Operating Officer of Malls of The Phoenix Mills Limited (NSE:PHOENIXLTD), Rashmi Sen, Just Sold 56% Of Their Holding

Chief Operating Officer of Malls recently sold ₹4.1m worth of stock

Announcing: Phoenix Mills (NSE:PHOENIXLTD) Stock Increased An Energizing 198% In The Last Five Years

Insider recently sold ₹1.5m worth of stock

the Phoenix Mills Limited Announces Resignation of Pradumna Kanodia as Chief Financial Officer, Effect from 28 February, 2021

Earnings beat expectations, revenue disappoints

Should You Use Phoenix Mills' (NSE:PHOENIXLTD) Statutory Earnings To Analyse It?

The Phoenix Mills Limited to Report Q3, 2021 Results on Feb 12, 2021

New 90-day high: ₹851

Has The Phoenix Mills Limited's (NSE:PHOENIXLTD) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Price target raised to ₹806

Could The The Phoenix Mills Limited (NSE:PHOENIXLTD) Ownership Structure Tell Us Something Useful?

New 90-day high: ₹785

Insider recently sold ₹785k worth of stock