| Revenue growth | Annuity revenue up 16% YoY to ₹1,055 Cr. |
|---|---|
| Margins | Healthy hospitality EBITDA margins at 44%; retail EBITDA up 18%. |
| Demand visibility | Strong festive demand; retail consumption showing double-digit growth across malls. |
| Management confidence | Confident, highlighting execution across retail, hospitality, and office verticals. |
Growth
Retail consumption grew 25% YoY to ₹4,685 Cr, while office income surged 64% on improved occupancy.
Outlook
Rental income guidance maintained at 14-15% growth for FY27 and FY28.
Risks
Temporary occupancy dips due to strategic renovations and aggressive retail churn remain a short-term drag.
Earnings Call Transcript filed with NSE, NSE: PHOENIXLTD. Summary written with AI assistance from the document.
Phoenix Mills Ltd: key numbers
- Share price
- ₹1,957.20
- Market cap
- ₹70,008 Cr
- Revenue (annual)
- ₹4,423 Cr
- Net profit (annual)
- ₹1,224 Cr
- P/E (TTM)
- 54.7×Sector 34.4×
- 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 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.
Phoenix Mills Merger & Restructuring
The Phoenix Mills Limited announced the amalgamation of its subsidiary, Truevalue Infrabuild Private Limited, into another subsidiary, SGH Realty Private Limited, to simplify the business structure.