NSE: PHOENIXLTD | BSE: 503100

Expensive Performer

Download real time

1627.10 -1.90 (-0.12%)

131.8K NSE+BSE Volume

NSE 28 Apr, 2025 2:49 PM (IST)

58,172.6

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Board Meeting

The next board meeting for Phoenix Mills Ltd. is on 30 Apr 2025 for the purpose of Audited Results See details

Phoenix Mills Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for PHOENIXLTD, BSE:503100 Phoenix Mills Ltd.

Phoenix Mills Ltd.

20 Apr 2022

1627.10

-0.12%

Pick of the week Phoenix Mills Ltd 20-04-2022

Buy: Phoenix Mills Ltd.

SBI Securities

Phoenix Mills Ltd. is trading above its 50 day SMA of 1595.2

Phoenix Mills Ltd.

16 Feb 2022

1627.10

-0.12%

PHOENIX MILL

Hold: Phoenix Mills Ltd.

Geojit BNP Paribas

Phoenix Mills is country's leading developer and operator of retail malls. It owns and operates 9 malls across 6 cities with a combined 0.64mn sqm of retail space, and has another 4 malls currently under development with...

Phoenix Mills Ltd. is trading above its 50 day SMA of 1595.2

Phoenix Mills Ltd.

08 Feb 2022

1627.10

-0.12%

The Phoenix Mills

Buy: Phoenix Mills Ltd.

Target

ICICI Securities Limited

Other new capex includes 1) setting up of new integrated unit with 3.5 MT GU and 3.8 MT clinker unit in Rajasthan by Q4FY24E, 2) 3 MT grinding unit in West Bengal by Q4FY23E, 3) 106 MW solar power The entire total capex of | 4750 crore till FY24E will be funded via internal accruals. Total domestic capacity to reach 53.4 MT post these expansions Expected to continue to maintain its cost leadership, market share due to...

Phoenix Mills Ltd. is trading below its 100 day SMA of 1630.7

Phoenix Mills Ltd.

09 Dec 2021

1627.10

-0.12%

Consumption revives, capital position a bulwark

Buy: Phoenix Mills Ltd.

Target

ICICI Securities Limited

As per company, The Phoenix Mills (PHNX) has clocked mall consumption of Rs6.6bn in Nov’21 which is 116% of Nov’19 levels and Rs6.7bn in Oct’21 which is 91% of Oct’19 levels. While the threat of a fresh round of Covid induced mall closures remains a risk, we expect mall rentals to revert to pre-Covid levels by Q4FY22 as consumption continues to improve.

Phoenix Mills Ltd. has an average target of 1537.50 from 2 brokers.

Phoenix Mills Ltd.

03 Nov 2021

1627.10

-0.12%

The Phoenix Mills

Buy: Phoenix Mills Ltd.

Target

ICICI Securities Limited

Reported revenues grew ~72.8% YoY to | 371.3 crore. Retail revenues grew ~71.6% YoY at | 233.5 crore while hospitality revenues were up ~275% YoY at | 34.5 crore. While Q2 consumption was at ~74% of pre-Covid, October 2021 consumption across retail portfolio was at ~| 660 crore, at 90% of October 2019. Commercial remained a resilient segment, which...

Number of FII/FPI investors increased from 808 to 821 in Mar 2025 qtr.

Phoenix Mills Ltd.

09 Aug 2021

1627.10

-0.12%

The Phoenix Mills

Buy: Phoenix Mills Ltd.

Target

ICICI Securities Limited

PML has an operational retail area of ~7 mn sq ft spread over nine operational malls and is developing another five malls with 6+ mn sq ft of retail space. It has a GLA of 1.6 mn sq ft in the commercial segment. It plans to add 5.3 mn sq ft of commercial office space...

Number of FII/FPI investors increased from 808 to 821 in Mar 2025 qtr.

Phoenix Mills Ltd.

30 May 2021

1627.10

-0.12%

The Phoenix Mills

Buy: Phoenix Mills Ltd.

ICICI Securities Limited

PML rental income in Q4FY21 at | 216.6 crore was at ~97% of Q4FY20 and up 23% QoQ. FY21 rentals at | 563 crore was ~55% of FY20. Additionally, retail collections witnessed sharp improvement (up 42% QoQ) at | 370 crore during Q4FY21. Currently, consumption, footfall remained impacted by lockdowns led closure and PML expects to resume discussions with retailers close to reopening. However, it remains confident that recovery could be much quicker post reopening. We conservatively bake in rentals at | 868 crore (~15% lower than FY20 levels on a like-to-like basis), given the likely...

Phoenix Mills Ltd. is trading above its 50 day SMA of 1595.2

Phoenix Mills Ltd.

14 Feb 2021

1627.10

-0.12%

Retail consumption picking up; outlook positive

Buy: Phoenix Mills Ltd.

Motilal Oswal

Retail continues to witness a demand recovery, while the same for the Office segment largely remains steady with the recently completed office space seeing increased leasing activity. The Hospitality segment is likely to remain subdued in the short term. PHNX remains one of the best proxy plays on India's consumption story in the medium-to-long term. Reiterate Buy....

Phoenix Mills Ltd. is trading below its 100 day SMA of 1630.7

Phoenix Mills Ltd.

14 Feb 2021

1627.10

-0.12%

The Phoenix Mills

Buy: Phoenix Mills Ltd.

Target

ICICI Securities Limited

PML rental income in Q3FY21 at | 176.1 crore (~67% of Q3FY20) was higher than H1FY21 rental (at ~| 170.5 crore at ~33% of H1FY20). Additionally, retail collections saw a sharp improvement to | 260 crore, | 390 crore in Q3FY21, 9MFY21, respectively. This was largely driven by overall consumption improvement. Going forward, the management expects consumption to reach 85-90% by FY21-end and fully normalised levels (along with contractual escalations) in FY22E. We expect ~45% decline on like to like basis in rental revenues (ex-CAM charges) in FY21 vs. earlier...

Phoenix Mills Ltd. is trading above its 50 day SMA of 1595.2

Phoenix Mills Ltd.

02 Dec 2020

1627.10

-0.12%

The Phoenix Mills

Buy: Phoenix Mills Ltd.

Target

ICICI Securities Limited

The proceeds from the proposed transaction are intended to be utilised as growth capital for further expansion and acquisition of greenfield, brownfield, operational and/or distressed mall opportunities. Since it is a mix of primary infusion and secondary...

Phoenix Mills Ltd. is trading below its 100 day SMA of 1630.7

Is Phoenix Mills Ltd. worth buying?

97 Votes:

Buy 84.54%

Sell 10.31%

Hold 5.15%

RESEARCH REPORTS

Sell SEE REPORTS >

pdf

Neutral SEE REPORTS >

pdf