| 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
- ₹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
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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.