|
27 Nov 2025 |
Phoenix Mills
|
Consensus Share Price Target
|
1734.90 |
1854.47 |
- |
6.89 |
buy
|
|
|
|
|
06 Oct 2022
|
Phoenix Mills
|
ICICI Securities Limited
|
1734.90
|
1638.00
|
1374.95
(26.18%)
|
Target met |
Buy
|
|
|
The Phoenix Mills’ (PHNX) FY21 and FY22 operations were impacted by mall shutdowns across India owing to successive Covid waves.
|
|
08 Sep 2022
|
Phoenix Mills
|
ICICI Securities Limited
|
1734.90
|
1645.00
|
1386.25
(25.15%)
|
Target met |
Buy
|
|
|
The Phoenix Mills (PHNX) saw Aug’22 like-to-like (LTL) consumption across malls at Rs6.7bn or 114% of Aug’19 levels.
|
|
15 Aug 2022
|
Phoenix Mills
|
ICICI Securities Limited
|
1734.90
|
1645.00
|
1312.35
(32.20%)
|
Target met |
Buy
|
|
|
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.
|
|
14 Aug 2022
|
Phoenix Mills
|
ICICI Direct
|
1734.90
|
1630.00
|
1312.35
(32.20%)
|
Target met |
Buy
|
|
|
|
|
07 Jul 2022
|
Phoenix Mills
|
ICICI Securities Limited
|
1734.90
|
1392.00
|
1182.00
(46.78%)
|
Target met |
Buy
|
|
|
The Phoenix Mills (PHNX) saw Q1FY23 (Apr-Jun’22) like-to-like (LTL) consumption across malls at Rs19.5bn or 109% of Apr-Jun’19 (Q1FY20) levels while overall Q1FY23 consumption of Rs21.6bn stood at 121% of Q1FY20 levels. While Jun’22 was a slower month with LTL consumption at 97% of Jun’19 levels, with retailers’ End of Season sale delayed to Jul’22, we expect consumption to bounce back.
|
|
30 May 2022
|
Phoenix Mills
|
Geojit BNP Paribas
|
1734.90
|
1225.00
|
1145.10
(51.51%)
|
Target met |
Hold
|
|
|
|
|
26 May 2022
|
Phoenix Mills
|
ICICI Direct
|
1734.90
|
1320.00
|
1104.50
(57.08%)
|
Target met |
Buy
|
|
|
|
|
20 Apr 2022
|
Phoenix Mills
|
SBI Securities
|
1734.90
|
1255.00
|
1392.90
(24.55%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
16 Feb 2022
|
Phoenix Mills
|
Geojit BNP Paribas
|
1734.90
|
999.00
|
973.05
(78.30%)
|
Target met |
Hold
|
|
|
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...
|
|
08 Feb 2022
|
Phoenix Mills
|
ICICI Securities Limited
|
1734.90
|
1230.00
|
942.90
(84.00%)
|
Target met |
Buy
|
|
|
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...
|