PAGEIND - Fundamental Analysis: Financial Health & Valuation
Back to ListFundamental Rating: 4.0
| Stock Code | PAGEIND | Market Cap | 43,809 Cr. | Current Price | 39,300 ₹ | High / Low | 50,590 ₹ |
| Stock P/E | 55.5 | Book Value | 1,347 ₹ | Dividend Yield | 2.29 % | ROCE | 64.4 % |
| ROE | 54.3 % | Face Value | 10.0 ₹ | DMA 50 | 36,055 ₹ | DMA 200 | 37,571 ₹ |
| Chg in FII Hold | -1.71 % | Chg in DII Hold | 1.72 % | PAT Qtr | 179 Cr. | PAT Prev Qtr | 215 Cr. |
| RSI | 68.2 | MACD | 739 | Volume | 1,48,949 | Avg Vol 1Wk | 65,881 |
| Low price | 29,800 ₹ | High price | 50,590 ₹ | PEG Ratio | 4.86 | Debt to equity | 0.18 |
| 52w Index | 45.7 % | Qtr Profit Var | 8.98 % | EPS | 685 ₹ | Industry PE | 20.5 |
📊 Financial Overview: Page Industries (PAGEIND) has a market cap of ₹43,809 Cr with a current price of ₹39,300. The 52-week range is ₹50,590–29,800. Profitability is excellent with ROE at 54.3% and ROCE at 64.4%. Debt-to-equity ratio of 0.18 indicates low leverage. PAT stood at ₹179 Cr compared to ₹215 Cr in the previous quarter, showing slight decline. EPS is ₹685, reflecting strong earnings capacity.
💰 Valuation Indicators: Stock P/E is 55.5, much higher than the industry average of 20.5, suggesting overvaluation. Book value is ₹1,347, giving a P/B ratio of ~29.2. PEG ratio of 4.86 indicates stretched valuation relative to growth. Dividend yield of 2.29% provides attractive shareholder returns. Intrinsic value appears lower than current price, limiting margin of safety.
👕 Business Model & Competitive Advantage: Page Industries is the exclusive licensee of Jockey in India and Speedo swimwear. Its competitive advantage lies in strong brand recognition, premium positioning, and wide distribution network. High margins and consistent cash flows highlight overall financial health, though valuation remains a concern.
📈 Entry Zone & Long-Term Guidance: The stock looks expensive at current levels. A better entry zone would be ₹35,000–37,000, closer to support levels. Long-term holding looks favorable given strong fundamentals, brand leadership, and dividend yield, but investors should be cautious of high valuation.
Positive
- 📈 [High Profitability](ca://s?q=Page_Industries_ROE_ROCE): ROE at 54.3% and ROCE at 64.4% are excellent.
- 🏦 [Low Debt](ca://s?q=Page_Industries_debt_to_equity): Debt-to-equity ratio of 0.18 shows strong balance sheet.
- 💸 [Dividend Yield](ca://s?q=Page_Industries_dividend_policy): Dividend yield of 2.29% provides attractive returns.
Limitation
- ⚖️ [High Valuation](ca://s?q=Page_Industries_PE_ratio): P/E of 55.5 compared to industry average of 20.5.
- 📉 [Profit Decline](ca://s?q=Page_Industries_quarterly_profit): PAT fell from ₹215 Cr to ₹179 Cr QoQ.
- 📊 [PEG Ratio](ca://s?q=Page_Industries_PEG_ratio): PEG of 4.86 suggests valuation stretched relative to growth.
Company Negative News
- 📉 [FII Exit](ca://s?q=Page_Industries_FII_holdings): FII holdings decreased by -1.71%.
Company Positive News
- 📈 [DII Support](ca://s?q=Page_Industries_DII_holdings): DII holdings increased by +1.72%.
- 📊 [Strong Technicals](ca://s?q=Page_Industries_DMA_levels): Current price above DMA 50 (₹36,055) and DMA 200 (₹37,571) indicates bullish trend.
Industry
- 👕 [Apparel Sector](ca://s?q=India_apparel_industry): Industry PE at 20.5, showing moderate valuation compared to Page Industries.
- 📊 [Consumer Demand](ca://s?q=India_premium_clothing_growth): Rising demand for branded apparel supports sector expansion.
Conclusion
⚖️ Page Industries’ fundamentals are strong with high profitability, low debt, and strong brand leadership. However, high valuation and profit decline limit attractiveness. Entry is advisable near ₹35,000–37,000 for better risk-reward. Long-term holding looks favorable given brand strength and dividend yield, but investors should be cautious of stretched valuation.