More about Page Industries Limited
Fundamentals for Page Industries Limited
Regulatory Filings 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:
Page Industries Limited is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
| currentRatio | 1.725000 |
|---|---|
| forwardPE | 44.424522 |
| debtToEquity | 18.422000 |
| earningsGrowth | 0.090000 |
| revenueGrowth | 0.141000 |
| grossMargins | 0.588440 |
| operatingMargins | 0.185630 |
| trailingEps | 685.660000 |
| forwardEps | 858.647400 |
With a current ratio 1.725, PAGEIND demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity.
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 forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting PAGEIND to generate stronger earnings compared to the previous financial year.
Price projections:
Price projections for PAGEIND have consistently been revised upward, indicating positive sentiment toward the company. This gradual adjustment reflects growing confidence in PAGEIND's future potential and financial outlook among analysts.
Recommendation changes over time:
Analysts have maintained a buy bias for PAGEIND, which could prompt investors to consider the stock as a viable investment. With this positive outlook, PAGEIND is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.
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