Readymade Garments/ Apparells
Textiles - Hosiery/Knitwear
from 36,520 today
Page Industries reported Q1FY27 revenue growth of ~8% YoY driven by volume uptick, but faced margin compression and limited pricing power amid input-cost inflation. We maintain our REDUCE rating as the stock's premium valuation remains vulnerable to these headwinds.
Page Industries 1QFY27 performance was below expectations with revenue, EBITDA, and PAT growth at 7.9%, -1.9%, and -4% YoY respectively. We retain our HOLD rating with a target price of Rs 41,248 based on 50x June 2028E EPS.
Page Industries reported 1QFY27 revenue growth of 8% YoY, impacted by temporary logistics and manpower constraints toward the end of June that pushed billing into 2QFY27. Management remains confident of recovering lost sales in 2QFY27 and sustaining double-digit volume growth in FY27, supported by calibrated pricing and new collections.
Page Industries reported 1QFY27 revenue growth of 8% YoY, impacted by temporary logistics and manpower constraints toward the end of June that pushed billing into 2Q. Management remains confident of sustaining double-digit volume growth in FY27, supported by recovery of deferred sales, calibrated pricing, and improving traction across channels, and we reiterate our BUY rating with a TP of INR45,000.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
