| Revenue growth | ₹3,978 Cr in FY24, up 51% YoY. |
|---|---|
| Margins | EBITDA CAGR of 28% from FY16 to FY24. |
| Demand visibility | Strong; retail consumption reached all-time high of ₹11,344 Cr. |
| Management confidence | Balanced and optimistic, highlighting financial discipline and long-term asset value. |
Growth
FY24 revenue rose 51% YoY to ₹3,978 Cr; EBITDA reached ₹2,177 Cr. Consumption growth of 23% hit an all-time high of ₹11,344 Cr.
Outlook
Aims to double operational annuity portfolio by 2030. Targets 14 million sq. ft. of retail and 7 million sq. ft. of office space by 2027.
Risks
Management did not provide specific FY27/Q1FY27 numeric guidance during this meeting, focusing on 2030 long-term aspirations instead.
Earnings Call Transcript filed with NSE, 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 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.
Phoenix Mills Credit Rating
India Ratings upgraded The Phoenix Mills Ltd's long-term credit rating to AA+ with a stable outlook. Short-term ratings were reaffirmed at A1+.