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 PAGEIND are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
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 of 1.622 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that PAGEIND is financially well-prepared to meet its liabilities without difficulty.
Page Industries Limited's Debt-to-Equity ratio is low, indicating the company is not over-leveraged. This suggests a prudent approach to financing, with minimal dependence on debt, reducing the financial risk associated with high leverage, and signaling a stable financial outlook.
PAGEIND's low earnings and revenue growth indicate potential profit shrinkage. This suggests that the company's financial performance may be weakening, raising concerns about its future profitability and overall business outlook.
PAGEIND's negative gross and operating margins reflect unprofitability, suggesting the company is unable to generate revenue sufficient to cover its costs. This could indicate deeper financial challenges or declining efficiency.
With a forward EPS greater than its trailing EPS, PAGEIND is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's earnings potential and suggests an improving financial trajectory for the year ahead.
Price projections:
Page Industries Limited's price has consistently hovered around the lower end of analysts' projections. This pattern may reflect concerns regarding the company's ability to achieve its anticipated growth.
Recommendation changes over time:
PAGEIND has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see PAGEIND as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.
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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