ALFA Finder| Revenue growth | 13% YoY growth in consolidated revenue to Rs. 1,075 crores. |
|---|---|
| Margins | Operating EBITDA margin at 60%. |
| Demand visibility | Strong; July consumption trending over 20% growth. |
| Management confidence | High; visibility for 90% office occupancy by end of FY27. |
Growth
Consolidated revenue grew 13% to Rs. 1,075 crores; operating EBITDA rose 14% to Rs. 642 crores. Net profit increased 23% to Rs. 297 crores.
Outlook
Targeting 18 million sq. ft. of retail space by 2030. Management expects mid-teens rental income growth for FY27 and FY28.
Risks
High gold prices potentially impacting jewelry consumption and volatility in discretionary spending during traditionally weak months like September.
Last quarter's promises, checked
Delivered
- Guided 90% office occupancy in next few quarters → delivered 90% by end of Q1 FY27 (= BEAT)
- Guided mid-to-high double-digit rental growth → delivered 17% annuity revenue growth (= BEAT)
- Guided April consumption growth of 17-18% (ex-jewelry) → delivered July consumption >20% (= BEAT)
Partly delivered
- Guided mid-teens rental growth for FY27 → delivered 13% revenue growth in Q1 (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: PHOENIXLTD. Summary written with AI assistance from the document.
Phoenix Mills Ltd: key numbers
- Share price
- ₹2,193.10
- Market cap
- ₹78,445 Cr
- Revenue (annual)
- ₹4,423 Cr
- Net profit (annual)
- ₹1,224 Cr
- P/E (TTM)
- 60.3×Sector 38.0×
- Promoter holding
- 47.24%-0.01% QoQ
- FII holding
- 31.62%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 delivered a robust quarter led by 25% retail consumption growth and office occupancy scale-up. Management is prioritizing asset densification and strategic churn to reset rental bases.
Phoenix Mills Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue Rs. 1,153 cr (+3%), EBITDA Rs. 710 cr (+7%), PAT Rs. 424 cr (+11%). Annuity PAT +31% drives mix shift away from residential.
Phoenix Mills Q2 FY27 Results: Net Profit ₹427 Cr, Up 11.2% YoY
Phoenix Mills Ltd reported revenue from operations of ₹1,153 Cr (+3.4% YoY) and net profit of ₹427 Cr (+11.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹427 Cr · +11.2% YoY
Phoenix Mills Acquisition Worth ₹1,350 Cr
NCLT Mumbai approved Island Star Mall Developers' Rs 1,350 Crore buyback of CPP Investments' shares. Phoenix Mills' stake in the subsidiary rises from 58.33% to 68.10%.
- Value
- ₹1,350 Cr
- Execution
- Consideration to be paid within 30 days of filing the certified NCLT order with the Registrar of Companies
Phoenix Mills Board Meeting Date
The Phoenix Mills scheduled a board meeting on 30 October 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 2026. The trading window stays closed until 48 hours after results.
Phoenix Mills Employee Stock Options
Phoenix Mills allotted 14,296 shares under its 2018 ESOP plan upon option exercise. No exercise price is disclosed in the filing.