Stock Snapshot
Price Performance
Recommendation Rationale
Strong growth outlook supported by robust retail performance and strategic asset management.
Basis of our Recommendation
Phoenix Mills Ltd is experiencing strong growth driven by robust retail consumption, strategic asset management, and positive market conditions. The company is benefiting from improving occupancy rates and a favorable outlook for retail rentals, positioning it for continued revenue and EBITDA growth in the coming years.
Why We Like This Stock
- Strong revenue and EBITDA growth driven by retail performance
- Improving occupancy rates and consumption trends
- Positive market outlook for retail rentals
Things To Watch Out For
- nan
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 3,972 | 3,807 | 4,423 | 5,126 | 5,966 |
| Profit Before Tax (Cr.) | 1,617 | 1,508 | 2,061 | 2,406 | 2,850 |
| PBT Margin | 40.7% | 39.6% | 46.6% | 46.9% | 47.8% |
| Net Profit (Cr.) | 1,347 | 1,265 | 1,579 | 1,462 | 1,732 |
| EPS | 31.1 | 26.3 | 34.8 | 40.9 | 48.4 |
Company Overview
Show Company Profile
The Phoenix Mills Limited engages in the operation and management of malls, construction of commercial and residential properties, and hotel business in India. The company operates in three segments, Property and Related Services, Hospitality, and Residential Business. Its real estate asset portfolio consists of retail mall, commercial office, residential, and hospitality projects located in Mumbai, Chennai, Bengaluru, Pune, Kolkata, Lucknow, Bareilly, Agra, Ahmedabad, Indore, Surat, Chandigarh, Thane, and Coimbatore. The company owns and operates hotels under The St. Regis name; Courtyard by Marriott brand name in Agra; and various restaurants in Mumbai and Agra. It operates malls primarily under the Phoenix Palladium, Phoenix MarketCity, Palladium, Phoenix United, Phoenix Palassio, Phoenix Paragon, Phoenix Citadel, Phoenix Grand Victoria, Phoenix Mall of Asia, and Phoenix Mall of the Millennium brand names. The Phoenix Mills Limited was incorporated in 1905 and is based in Mumbai, India.