Name: Latest research reports of Phoenix Mills Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Phoenix Mills Ltd.
Rating: 5
Author: ICICI Securities Limited

Phoenix Mills Ltd.

NSE: PHOENIXLTD | BSE: 503100 | ISIN: INE211B01039 | Industry: Realty
| Mid-range Performer

1452.2000 -31.80 (-2.14%)

NSE Aug 01, 2025 15:31 PM

26.21% Fall from 52W High

Volume: 296.1K

Phoenix Mills Ltd.

15 Aug 2022

1452.20

-2.14%

Strong consumption flows through to rentals

Buy: Phoenix Mills Ltd.

Target

ICICI Securities Limited

The Phoenix Mills (PHNX) saw Q1FY23 (Apr-Jun’22) like-to-like (LTL) consumption
across malls at Rs19.8bn or 111% of Apr-Jun’19 (Q1FY20) levels which translated
into Q1FY23 retail LTL EBITDA of Rs2.9bn or 115% of Q1FY20 levels.

Number of FII/FPI investors decreased from 821 to 795 in Jun 2025 qtr