| Revenue growth | 13% YoY growth in Q1 FY27 consolidated revenue. |
|---|---|
| Margins | EBITDA margin stable at 60% vs 59% YoY. |
| Demand visibility | Strong retail consumption growth across all malls. |
| Management confidence | High, citing 'compounding growth story' and resilient demand. |
Growth
Net Profit grew 23% YoY to Rs. 297 cr; Retail consumption increased 32% to Rs. 4,730 cr.
Outlook
Targeting >18 msft retail GLA and ~2,188 hotel keys by 2030; significant expansion projects in Kolkata, Bengaluru, and Surat.
Risks
Net debt increased by Rs. 498 cr vs March 2026; cost of debt rose to 7.69%.
Last quarter's promises, checked
Delivered
- Targeting 90% office occupancy by Q1 FY27 → delivered 90% (= BEAT)
- Guided 14-15% rental upside for PMC Pune in FY27 → delivered 14% (= BEAT)
- Guided 20% rental growth for PMC Bangalore in FY27 → delivered 20% (= BEAT)
Missed
- Guided April 2026 consumption growth at 30% → delivered 32% for Q1 (No specific miss identified) (= BEAT)
Investor Presentation filed with BSE, NSE: PHOENIXLTD. Summary written with AI assistance from 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.
More from Phoenix Mills Ltd
All →Phoenix Mills Earnings Call Transcript: Key Takeaways
Phoenix Mills reported 51% revenue growth and 43% EBITDA growth in FY24, driven by strong performance in new malls. The company proposed a 1:1 bonus issue while expanding its retail and office footprint across India.
Phoenix Mills Acquisition
The Phoenix Mills Limited received NCLT approval for the merger of several step-down subsidiaries into its subsidiary, Astrea Real Estate Developers Private Limited.
Phoenix Mills Merger & Restructuring
NCLT Chennai has sanctioned the scheme of merger and amalgamation involving several step-down subsidiaries of The Phoenix Mills Limited into Astrea Real Estate Developers Private Limited.
Phoenix Mills Annual Report
The Phoenix Mills Limited has filed its Integrated Annual Report for FY 2025-26 and the notice for its 121st Annual General Meeting scheduled for September 28, 2026.
Phoenix Mills Employee Stock Options
The Phoenix Mills Limited has allotted 14,139 equity shares under its Employees' Stock Option Plan 2018. Consequently, the company's paid-up equity share capital increased to ₹71.54 Crore.
Phoenix Mills Annual General Meeting
The Phoenix Mills Limited has scheduled its 121st AGM for September 28, 2026. The company fixed September 11, 2026, as the record date for a Rs. 2.50 per share final dividend.