NSE: PHOENIXLTD · BSE: 503100 · ISIN INE211B01039
The Phoenix Mills Limited stock analysis
The Phoenix Mills Limited ranks #1163 in the TickerSutra evidence-ranked universe with a score of 56/100 and 95% data confidence. The latest captured fundamentals show ROCE of 12.8%, quarterly sales growth of 12.8% and quarterly profit growth of 23.3%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Strong CFO/EBITDA of 0.92×
- 19.1% three-year sales CAGR
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹1,460cr | ₹735cr | ₹268cr | 50.0% |
| 2023 | ₹2,616cr | ₹1,519cr | ₹1,478cr | 58.0% |
| 2024 | ₹3,972cr | ₹2,182cr | ₹1,333cr | 55.0% |
| 2025 | ₹3,807cr | ₹2,162cr | ₹1,307cr | 57.0% |
| 2026 | ₹4,418cr | ₹2,638cr | ₹1,557cr | 60.0% |
| TTM | ₹4,545cr | ₹2,714cr | ₹1,630cr | 60.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
The Phoenix Mills Limited has informed the Exchange about Presentation made to Shareholders at the 121st Annual General Meeting
RoutineThe Phoenix Mills Ltd - 503100 - Presentation Made To Shareholders At The 121St Annual General MeetingBSE · 29 Sept 2026Please refer the attached letter.
RoutineShareholders meetingNSE · 29 Sept 2026The Phoenix Mills Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 28, 2026. Further, the company has informed the Exchange regarding voting results.
RoutineThe Phoenix Mills Ltd - 503100 - Disclosure Of Voting Results Of The Remote E-Voting And E-Voting At The 121St Annual General Meeting (AGM) Of The Phoenix Mills Limited.BSE · 29 Sept 2026Please refer the attached letter.
RoutineThe Phoenix Mills Ltd - 503100 - Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportBSE · 29 Sept 2026Please refer the attached letter.
MANAGEMENT COMMENTARY
Signals from filed documents
Based on the leasing achieved and the discussions currently underway, we have clear visibility and confidence for leased occupancy at Phoenix Asia Towers and One National Park in Chennai to also progress towards 90% by the end of FY27. As is typical in the office business, leasing leads billing and income recognition by a few quarters, so this build -up in leasing should translate progressively into higher rental inc
625 crores, broadly in line with rental growth, supported by operating discipline and healthy recoveries. As we look ahead, we remain confident in our ability to drive superior growth through active asset management, continued premiumization, strong leasing execution and disciplined capital allocation. With a high-quality portfolio, a strong development pipeline and deep relationships with leading retailers in India
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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