Financials Page Industries Limited Bombay S.E.

Equities

PAGEIND

INE761H01022

Apparel & Accessories

Market Closed - Bombay S.E. 06:00:58 2024-07-05 am EDT 5-day change 1st Jan Change
39,388 INR +1.76% Intraday chart for Page Industries Limited +0.54% +2.32%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 278,537 189,209 338,157 481,729 422,769 431,562 - -
Enterprise Value (EV) 1 278,787 188,308 333,807 478,894 425,170 384,262 426,865 426,042
P/E ratio 70.7 x 55.1 x 99.3 x 89.8 x 74 x 67.5 x 65.4 x 54.4 x
Yield 1.38% 0.95% 0.82% 0.86% 0.66% 0.83% 0.98% 1.16%
Capitalization / Revenue 9.77 x 6.42 x 11.9 x 12.4 x 8.83 x 8.39 x 8.42 x 7.32 x
EV / Revenue 9.77 x 6.39 x 11.8 x 12.3 x 8.88 x 8.39 x 8.33 x 7.23 x
EV / EBITDA 45.2 x 35.4 x 63.4 x 61 x 49.3 x 44.1 x 42.6 x 35.7 x
EV / FCF 145 x 42.6 x 49 x 209 x -254 x 43.1 x 64.4 x 59.2 x
FCF Yield 0.69% 2.35% 2.04% 0.48% -0.39% 2.32% 1.55% 1.69%
Price to Book 35.9 x 23.1 x 38.2 x 44.3 x 30.8 x 27.2 x 24 x 20.8 x
Nbr of stocks (in thousands) 11,154 11,154 11,154 11,154 11,154 11,154 - -
Reference price 2 24,972 16,964 30,317 43,189 37,903 38,692 38,692 38,692
Announcement Date 5/24/19 6/23/20 5/27/21 5/26/22 5/25/23 5/23/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 28,522 29,454 28,330 38,865 47,886 45,817 51,229 58,944
EBITDA 1 6,169 5,326 5,266 7,855 8,627 8,723 10,027 11,927
EBIT 1 5,859 4,712 4,637 7,200 7,847 7,814 9,011 10,829
Operating Margin 20.54% 16% 16.37% 18.53% 16.39% 17.06% 17.59% 18.37%
Earnings before Tax (EBT) 1 6,060 4,620 4,534 7,088 7,581 7,565 8,796 10,592
Net income 1 3,939 3,432 3,406 5,365 5,712 5,692 6,594 7,940
Net margin 13.81% 11.65% 12.02% 13.81% 11.93% 12.42% 12.87% 13.47%
EPS 2 353.2 307.7 305.4 481.0 512.2 510.3 591.2 711.9
Free Cash Flow 1 1,921 4,420 6,806 2,289 -1,673 9,955 6,627 7,200
FCF margin 6.74% 15% 24.02% 5.89% -3.49% 21.17% 12.94% 12.22%
FCF Conversion (EBITDA) 31.14% 82.98% 129.23% 29.15% - 108.09% 66.09% 60.37%
FCF Conversion (Net income) 48.76% 128.77% 199.82% 42.67% - 166.36% 100.5% 90.68%
Dividend per Share 2 344.0 161.0 250.0 370.0 250.0 321.3 377.5 449.8
Announcement Date 5/24/19 6/23/20 5/27/21 5/26/22 5/25/23 5/23/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 9,271 8,808 5,015 10,840 11,898 11,111 13,413 12,550 12,233 9,691 12,400 12,252 12,016 10,652 13,245
EBITDA 1 2,261 1,698 342 2,334 2,507 2,671 2,978 2,379 1,928 1,343 2,419 2,274 2,436 1,975 2,695
EBIT 1 2,105 1,542 183.1 2,169 2,340 2,507 2,798 2,190 1,728 1,130 2,209 2,050 2,244 2,118 -
Operating Margin 22.71% 17.51% 3.65% 20.01% 19.67% 22.57% 20.86% 17.45% 14.13% 11.66% 17.81% 16.73% 18.68% 19.88% -
Earnings before Tax (EBT) 1 2,073 1,526 145.1 2,148 2,334 2,460 2,746 2,125 1,645 1,065 2,100 2,012 2,149 1,705 -
Net income 1 1,537 1,156 109.5 1,605 1,746 1,905 2,070 1,621 1,237 783.5 1,584 1,469 1,583 1,253 1,807
Net margin 16.58% 13.12% 2.18% 14.8% 14.67% 17.15% 15.44% 12.92% 10.12% 8.09% 12.77% 11.99% 13.17% 11.76% 13.64%
EPS 2 137.8 103.6 9.820 143.9 156.5 170.8 185.6 145.4 110.9 70.24 142.0 130.7 141.1 114.3 -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 2/10/21 5/27/21 8/12/21 11/11/21 2/10/22 5/26/22 8/11/22 11/10/22 2/9/23 5/25/23 8/10/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 250 - - - 2,401 - - -
Net Cash position 1 - 901 4,350 2,835 - 2,760 4,696 5,519
Leverage (Debt/EBITDA) 0.0405 x - - - 0.2783 x - - -
Free Cash Flow 1 1,921 4,420 6,806 2,289 -1,673 9,955 6,627 7,201
ROE (net income / shareholders' equity) 48.6% 43% 40% 54.4% 46.4% 40.7% 38.2% 40.4%
ROA (Net income/ Total Assets) - 24% 21.2% 28.2% 23.8% 25.7% 27.6% 28.9%
Assets 1 - 14,318 16,064 19,034 23,999 23,243 23,866 27,469
Book Value Per Share 2 695.0 735.0 793.0 976.0 1,229 1,425 1,614 1,864
Cash Flow per Share 2 - 463.0 624.0 293.0 -1.440 735.0 583.0 680.0
Capex 1 376 747 153 980 1,657 1,444 1,384 1,606
Capex / Sales 1.32% 2.54% 0.54% 2.52% 3.46% 3.07% 2.7% 2.72%
Announcement Date 5/24/19 6/23/20 5/27/21 5/26/22 5/25/23 5/23/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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