NSE: PAGEIND | BSE: 532827

Mid-range Performer

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44225.00 -40.00 (-0.09%)

963 NSE+BSE Volume

NSE 12 Sep, 2025 10:13 AM (IST)

49,328.1

Market Cap

Market Leader

0.9

Beta 1Year

Low volatility

Page Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for PAGEIND, BSE:532827 Page Industries Ltd.

Page Industries Ltd.

17 Aug 2021

44225.00

-0.09%

EARNINGS UPDATE- PAGE INDUSTRIES 1QFY22

Page Industries Ltd.

Chola Wealth Direct

Background: Page Industries is the exclusive licensee of Jockey International Inc (USA) to manufacture and distribute Jockey brand in India, Sri Lanka, Nepal, Bangladesh and UAE till 2040. They broadly operate in premium men's innerwear; women's innerwear and leisure wear segments. Jockey enjoys high brand recall and they spend ~5% of their annual sales for brand building and promotional activity, which enables them to dominate most of the segments in which they operate. They are also exclusive licensee of Speedo swimwear brand in India. Page has network in ~250 cities and ~760 exclusive brand outlets in India. They...

Number of FII/FPI investors increased from 728 to 776 in Jun 2025 qtr.

Page Industries Ltd.

16 Aug 2021

44225.00

-0.09%

PAGE INDUSTRIES LIMITED

Accumulate: Page Industries Ltd.

Target

Geojit BNP Paribas

Gross margin improved by 963bps YoY to 57.7% on account of better product mix while EBITDA margin came in at 6.8% owing to unabsorbed fixed overheads. Weak operating margin and fall in other income restrict earnings to grew to Rs11cr (Vs. Rs40cr loss in Q1FY21). The company indicated that the demand has been strong in June & July and more than 50% of multi brand outlet (MBO) is operational which provides impetus to the revenue recovery....

Number of FII/FPI investors increased from 728 to 776 in Jun 2025 qtr.

Page Industries Ltd.

13 Aug 2021

44225.00

-0.09%

Page Industries

Hold: Page Industries Ltd.

Target

ICICI Securities Limited

Owing unabsorbed fixed overheads, EBITDA margins came in at 6.8% (Q4FY21: 19.3%, Q1FY21: -12.2%). Reported PAT of | 10.9 crore (Q4FY21: | 115.6 crore, Q1FY21: (-) | 39.6 crore) What should investors do? Page's share price has grown by ~2.2x over the past...

Page Industries Ltd. has an average target of 46727.17 from 6 brokers.

Page Industries Ltd.

12 Aug 2021, 12:00AM

44225.00

-0.09%

In-line results; recovery likely to be gradual

Neutral: Page Industries Ltd.

Target

Motilal Oswal

Page Industries Ltd. has an average target of 46727.17 from 6 brokers.

Page Industries Ltd.

28 May 2021

44225.00

-0.09%

Result Update:Page Industries

Hold: Page Industries Ltd.

Target

Axis Direct

We continue to maintain HOLD rating and raise TP to Rs. 32,800 (Rs.29,364 earlier) while continuing to value the stock at 55x its FY23E EPS as current valuations offer limited upside.

Number of FII/FPI investors increased from 728 to 776 in Jun 2025 qtr.

Page Industries Ltd.

28 May 2021

44225.00

-0.09%

Page Industries

Hold: Page Industries Ltd.

Target

ICICI Securities Limited

Given the inherent strength of the brand, Page displayed a resilient performance in FY21, notwithstanding challenges faced in H1FY21. Despite revenues declining ~66% in Q1FY21, the company exited the year with mere 3% revenue de-growth. While volumes de-grew ~12% YoY in FY21, change in product mix towards athleisure wear led blended realisations to increase ~9% YoY. On full year product wise growth trends, the management indicated that athleisure, kids and e-commerce have reported volume growth while men's and women's innerwear saw a decline. Going...

Page Industries Ltd. is trading below all available SMAs

Page Industries Ltd.

28 May 2021

44225.00

-0.09%

EARNINGS UPDATE- PAGE INDUSTRIES 4QFY21

Economy Update: Page Industries Ltd.

Chola Wealth Direct

Page Industries Ltd. has an average target of 46727.17 from 6 brokers.

Page Industries Ltd.

27 May 2021

44225.00

-0.09%

Sales beat, profits in line; lockdown leads to cut in estimates

Neutral: Page Industries Ltd.

Target

Motilal Oswal

While revenue and volume growth in 4QFY21 were ahead of our estimates, lower than expected EBITDA margin resulted in EBITDA and PBT that were in line with our estimates. PAG has taken a 4-5% price increase in 4QFY21 to account for higher yarn prices. The ongoing lockdown in most parts of India has led to store closures. Key factories of PAG in Bengaluru have been shut for nearly a month. While the management is confident of a rebound in demand after a gradual return to normalcy once the lockdowns are lifted, the ongoing lockdowns have...

Number of FII/FPI investors increased from 728 to 776 in Jun 2025 qtr.

Page Industries Ltd.

23 Feb 2021

44225.00

-0.09%

EARNINGS UPDATE- PAGE INDUSTRIES 3QFY21

Neutral: Page Industries Ltd.

Recommendation Target

Chola Wealth Direct

Page Industries Ltd. is trading below all available SMAs

Page Industries Ltd.

16 Feb 2021

44225.00

-0.09%

PAGE INDUSTRIES LIMITED

Accumulate: Page Industries Ltd.

Target

Geojit BNP Paribas

EBITDA margin improved by 691bps YoY to 24.4% on account of better product mix and reduction in A&P; spends. Strong margin, debt free status and doubling of capacity by 2025 will help to tap vigorous opportunity in the sector. Increase in footfalls driven by removal of restrictions and...

Page Industries Ltd. is trading below all available SMAs

Is Page Industries Ltd. worth buying?

365 Votes:

Buy 66.03%

Sell 21.37%

Hold 12.6%

RESEARCH REPORTS

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