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Earnings Call

Phoenix Mills Earnings Call: Key Takeaways

PML reported strong FY26 performance with Revenue up 16% to ₹4,423cr and EBITDA up 22% to ₹2,637cr, driven by retail consumption and office portfolio expansion.

Highlights
Revenue growth16% YoY growth in FY26 to ₹4,423cr.
MarginsEBITDA margin improved to 60% in FY26 from 57% in FY25.
Demand visibilityDouble-digit revenue growth achieved without adding new mall capacity.
Management confidenceStrong confidence in compounding growth via retail-led mixed-use portfolio.

Growth

Consolidated Net Profit rose 24% YoY to ₹1,224cr; Retail consumption grew 21% to ₹16,587cr.

Outlook

Targeting >18 msft retail GLA by 2030; ongoing ₹1,257cr buyout of ISMDPL to increase stake to 58.33%.

Risks

Potential interest rate volatility affecting debt costs; execution risks in ongoing Thane and Chandigarh projects.

Source

Earnings Call filed with NSE, NSE: PHOENIXLTD. Summary written with AI assistance from the document.

Read the document ↗

Phoenix Mills Ltd: key numbers

Share price
₹1,978.40
Market cap
₹70,763 Cr
Revenue (annual)
₹4,423 Cr
Net profit (annual)
₹1,224 Cr
P/E (TTM)
55.3×Sector 35.8×
Promoter holding
47.25%+0.00% QoQ
FII holding
31.73%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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