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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:
Investors are expected to be cautious with PAGEIND, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
| currentRatio | 1.725000 |
|---|---|
| forwardPE | 47.691288 |
| debtToEquity | 18.422000 |
| earningsGrowth | 0.090000 |
| revenueGrowth | 0.141000 |
| grossMargins | 0.588440 |
| operatingMargins | 0.185630 |
| trailingEps | 682.780000 |
| forwardEps | 858.647400 |
Page Industries Limited's current ratio of 1.725 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. Page Industries Limited's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
PAGEIND's low Debt-to-Equity ratio demonstrates that the company maintains a healthy balance between equity and debt, avoiding over-leverage. This suggests a low-risk financial profile, giving investors confidence in the company's stability and ability to manage its financial commitments.
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:
PAGEIND's price has consistently hovered around the lower limit of price projections. This pattern suggests that the stock may be underperforming relative to expectations, which could lead to concerns among investors.
Recommendation changes over time:
Analysts are favoring PAGEIND with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider PAGEIND as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.
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