More about Page Industries Limited
Fundamentals for Page Industries Limited
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Fundamentals for Page Industries Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Apparel Manufacturing
Page Industries Limited manufactures, markets, and distributes textile garments and clothing accessories for men, women, and junior girls and boys in India and internationally. The company offers vests, briefs, boxer briefs, trunks, inner boxers, tank tops, t-shirts, polos, henleys, sweatshirts, jackets, hoodies, boxer shorts, shorts, bermudas, joggers, track pants, pyjamas, pants, bras, panties, crop tops, camisoles, kurta and kurti slips, shrugs, sleep dresses, capris, leggings, shapewears, caps, handkerchief, and masks; face, hand, bath, and gym towels; calf, ankle, knee, low show, and no show socks; and thermals under Jockey brand. It also provides swimwear, swimactive, equipment, and footwear under the Speedo brand. The company sells its products through stores and online channels. Page Industries Limited was incorporated in 1994 and is headquartered in Bengaluru, India.
Revenue projections:
Revenues for Page Industries Limited are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
| currentRatio | 1.622000 |
|---|---|
| forwardPE | 40.489548 |
| debtToEquity | 19.029000 |
| earningsGrowth | -0.003000 |
| revenueGrowth | 0.036000 |
| grossMargins | 0.586760 |
| operatingMargins | 0.196840 |
| trailingEps | 683.900000 |
| forwardEps | 812.061400 |
PAGEIND's current ratio being 1.622 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
PAGEIND's low Debt-to-Equity ratio means the company is not highly leveraged. This suggests a sound financial position with minimal reliance on debt, reducing risk and ensuring greater financial flexibility, making it a more stable option for investors.
PAGEIND's low earnings and revenue growth point to a likely decrease in profits. This suggests that the company is facing financial difficulties and may struggle to maintain its current level of profitability.
PAGEIND's negative gross and operating margins signal that the company is not profitable, struggling to cover costs associated with production and operations. This could be a red flag for its financial performance moving forward.
PAGEIND's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in PAGEIND's earnings potential, suggesting stronger financial performance compared to the previous year.
Price projections:
The stock price of PAGEIND has often been near the lower end of projections, indicating that it may not be meeting investor expectations. This trend could suggest challenges ahead for the company.
Recommendation changes over time:
The recent buy bias from analysts suggests PAGEIND is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, PAGEIND appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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