PAGEIND - Fundamental Analysis: Financial Health & Valuation
Back to ListFundamental Rating: 4.2
| Stock Code | PAGEIND | Market Cap | 41,030 Cr. | Current Price | 36,785 ₹ | High / Low | 50,590 ₹ |
| Stock P/E | 53.0 | Book Value | 1,263 ₹ | Dividend Yield | 2.45 % | ROCE | 59.4 % |
| ROE | 48.5 % | Face Value | 10.0 ₹ | DMA 50 | 35,000 ₹ | DMA 200 | 37,621 ₹ |
| Chg in FII Hold | -1.71 % | Chg in DII Hold | 1.72 % | PAT Qtr | 215 Cr. | PAT Prev Qtr | 195 Cr. |
| RSI | 59.4 | MACD | 1,135 | Volume | 17,240 | Avg Vol 1Wk | 19,311 |
| Low price | 29,800 ₹ | High price | 50,590 ₹ | PEG Ratio | 4.93 | Debt to equity | 0.19 |
| 52w Index | 33.6 % | Qtr Profit Var | 5.20 % | EPS | 672 ₹ | Industry PE | 22.0 |
📊 PAGEIND demonstrates exceptional fundamentals with ROE at 48.5% and ROCE at 59.4%, reflecting outstanding capital efficiency. EPS of 672 ₹ supports strong earnings visibility, and dividend yield of 2.45% adds investor appeal. The company maintains a low debt-to-equity ratio (0.19), ensuring financial stability. However, the P/E ratio of 53.0 is significantly higher than the industry average of 22.0, indicating premium valuation. PEG ratio of 4.93 further highlights stretched growth-adjusted valuation. PAT improved sequentially (195 Cr. → 215 Cr.), showing earnings momentum. Technical indicators (RSI 59.4, MACD 1,135) suggest bullish bias but valuations remain a concern.
💰 Ideal Entry Price Zone: 35,000 ₹ – 36,000 ₹, near DMA 50 (35,000 ₹), offering better risk-reward balance.
📈 Long-Term Holding Guidance: PAGEIND is highly suitable for long-term holding (5+ years) given strong fundamentals, efficiency ratios, and dividend yield. Investors should accumulate on dips but consider partial profit booking near 48,000–50,000 ₹ if valuations stretch beyond earnings growth.
✅ Positive
- Exceptional ROE (48.5%) and ROCE (59.4%).
- Strong EPS (672 ₹) supports earnings visibility.
- Dividend yield of 2.45% adds investor appeal.
- Low debt-to-equity ratio (0.19) ensures financial stability.
- PAT growth quarter-on-quarter (+5.2%).
⚠️ Limitation
- High P/E (53.0) vs industry average (22.0), indicating premium valuation.
- PEG ratio (4.93) highlights poor growth-adjusted valuation.
- FII holdings decreased (-1.71%), showing reduced foreign investor confidence.
📉 Company Negative News
- FII outflows reflect weaker foreign confidence.
- Valuation risks due to high P/E and PEG ratio.
📈 Company Positive News
- PAT improved from 195 Cr. to 215 Cr.
- DII holdings increased (+1.72%), showing strong domestic institutional support.
- Strong fundamentals with high efficiency ratios.
🏭 Industry
- Industry P/E at 22.0, much lower than PAGEIND’s 53.0, highlighting premium pricing.
- Apparel and retail sector supported by strong demand but faces margin pressures.
- Peers trade at lower valuations but with weaker fundamentals.
🔎 Conclusion
PAGEIND is a fundamentally strong company with exceptional efficiency ratios, strong earnings, and dividend yield. While valuations are stretched, it remains a high-quality long-term compounder. Entry near 35,000–36,000 ₹ offers upside potential toward 48,000–50,000 ₹. Long-term investors should accumulate on dips but exercise caution with valuations.