Phoenix Mills Ltd
Phoenix Mills Ltd is engaged in the operation & management of malls, construction of commercial & residential property and hotel business in India. India's leading retail mall developer and operator with approximately 0.64 million square meters of retail space spread across 9 malls in 6 gateway cities of India. It has developed over 2.11 million square meters
- Market Cap ₹ 58,178 Cr.
- Current Price ₹ 1,627
- High / Low ₹ 2,068 / 1,071
- Stock P/E 201
- Book Value ₹ 146
- Dividend Yield 0.15 %
- ROCE 6.79 %
- ROE 5.61 %
- Face Value ₹ 2.00
Pros
- Company has been maintaining a healthy dividend payout of 24.7%
- Debtor days have improved from 32.5 to 18.4 days.
Cons
- Stock is trading at 11.2 times its book value
- Tax rate seems low
- Company has a low return on equity of 4.65% over last 3 years.
- Earnings include an other income of Rs.168 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Realty Industry: Construction
Part of BSE 400 MidSmallCap Index BSE Allcap BSE Consumer Discretionary BSE 150 MidCap Index Nifty MidSmallcap 400
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
269 | 294 | 314 | 356 | 376 | 397 | 440 | 444 | 238 | 284 | 477 | 466 | 469 | |
91 | 101 | 110 | 139 | 122 | 145 | 172 | 185 | 104 | 119 | 155 | 152 | 164 | |
Operating Profit | 179 | 193 | 203 | 217 | 254 | 252 | 269 | 259 | 134 | 164 | 321 | 313 | 305 |
OPM % | 66% | 66% | 65% | 61% | 68% | 64% | 61% | 58% | 56% | 58% | 67% | 67% | 65% |
57 | 80 | 12 | 93 | 20 | 53 | 63 | 41 | 288 | 323 | 111 | 107 | 168 | |
Interest | 27 | 44 | 71 | 69 | 81 | 75 | 78 | 76 | 63 | 64 | 66 | 65 | 67 |
Depreciation | 28 | 25 | 31 | 29 | 30 | 40 | 44 | 46 | 42 | 29 | 31 | 35 | 36 |
Profit before tax | 181 | 203 | 114 | 211 | 163 | 190 | 209 | 178 | 316 | 394 | 336 | 321 | 371 |
Tax % | 26% | 25% | 46% | 29% | 18% | 19% | 17% | 17% | 8% | 6% | 14% | 13% | |
134 | 153 | 62 | 150 | 134 | 155 | 173 | 148 | 292 | 370 | 290 | 280 | 333 | |
EPS in Rs | 4.62 | 5.27 | 2.13 | 4.89 | 4.36 | 5.05 | 5.65 | 4.81 | 8.50 | 10.36 | 8.13 | 7.84 | 9.33 |
Dividend Payout % | 24% | 21% | 52% | 22% | 28% | 26% | 27% | 0% | 6% | 12% | 31% | 32% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 1% |
3 Years: | 25% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 10% |
3 Years: | 61% |
TTM: | 0% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 33% |
3 Years: | 46% |
1 Year: | 38% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 4% |
3 Years: | 5% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 29 | 29 | 29 | 31 | 31 | 31 | 31 | 31 | 34 | 36 | 36 | 36 | 72 |
Reserves | 1,740 | 1,855 | 1,880 | 2,273 | 2,401 | 2,538 | 2,714 | 2,817 | 4,198 | 4,563 | 4,819 | 5,023 | 5,139 |
273 | 501 | 654 | 821 | 751 | 717 | 797 | 846 | 682 | 867 | 654 | 720 | 776 | |
226 | 234 | 222 | 205 | 203 | 214 | 226 | 255 | 244 | 246 | 276 | 257 | 260 | |
Total Liabilities | 2,268 | 2,619 | 2,785 | 3,330 | 3,386 | 3,500 | 3,768 | 3,949 | 5,158 | 5,711 | 5,785 | 6,036 | 6,246 |
442 | 409 | 456 | 442 | 606 | 638 | 635 | 676 | 397 | 452 | 476 | 454 | 479 | |
CWIP | 109 | 123 | 136 | 150 | 143 | 107 | 107 | 115 | 11 | 95 | 198 | 371 | 432 |
Investments | 939 | 1,111 | 1,232 | 1,661 | 2,283 | 2,367 | 2,614 | 2,710 | 2,890 | 4,473 | 4,548 | 4,683 | 4,675 |
778 | 976 | 962 | 1,076 | 354 | 388 | 413 | 448 | 1,860 | 692 | 563 | 528 | 660 | |
Total Assets | 2,268 | 2,619 | 2,785 | 3,330 | 3,386 | 3,500 | 3,768 | 3,949 | 5,158 | 5,711 | 5,785 | 6,036 | 6,246 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
159 | 145 | 116 | 155 | 187 | 256 | 234 | 254 | 110 | 378 | 295 | 230 | |
-53 | -281 | -156 | -408 | -88 | -114 | -200 | -185 | -894 | -436 | -112 | -171 | |
-97 | 138 | 36 | 304 | -163 | -143 | -33 | -72 | 862 | 127 | -304 | -146 | |
Net Cash Flow | 9 | 2 | -4 | 51 | -64 | -1 | 1 | -3 | 78 | 68 | -121 | -88 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 40 | 31 | 26 | 25 | 19 | 17 | 18 | 16 | 66 | 54 | 25 | 18 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 40 | 31 | 26 | 25 | 19 | 17 | 18 | 16 | 66 | 54 | 25 | 18 |
Working Capital Days | 218 | 69 | 163 | 210 | 19 | 79 | -53 | -5 | 1,647 | 155 | 164 | 125 |
ROCE % | 10% | 11% | 11% | 10% | 9% | 8% | 8% | 7% | 3% | 4% | 6% | 7% |
Documents
Announcements
-
Intimation Under Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015
12h - Company contests tax liability of ₹1.44 Cr for 2020-21.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Outcome of analyst interaction at JM Financial Conference.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
19 Nov - Outcome of interaction with institutional investors at forum.
-
Intimation Under Regulation 30 Read With Schedule III Of SEBI (LODR) Regulations, 2015
19 Nov - Alyssum Developers received tax liability notice for FY 2020-21.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
18 Nov - Outcome of analyst meeting with Abu Dhabi Investment Authority.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2012
from nse
-
Financial Year 2011
from bse
Concalls
-
Nov 2024Transcript PPT
-
Oct 2024TranscriptNotesPPT
-
Oct 2024TranscriptNotesPPT
-
Aug 2024Transcript PPT
-
Jul 2024TranscriptNotesPPT
-
May 2024Transcript PPT REC
-
May 2024TranscriptNotesPPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Nov 2023TranscriptNotesPPT
-
Aug 2023Transcript PPT
-
Aug 2023TranscriptNotesPPT
-
May 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Feb 2023TranscriptNotesPPT
-
Feb 2023TranscriptNotesPPT
-
Nov 2022Transcript PPT
-
Nov 2022TranscriptNotesPPT
-
Sep 2022Transcript PPT
-
Aug 2022TranscriptNotesPPT
-
Jul 2022TranscriptPPT
-
Jun 2022TranscriptPPT
-
May 2022Transcript PPT
-
Apr 2022TranscriptNotesPPT
-
Mar 2022Transcript PPT
-
Feb 2022TranscriptNotesPPT
-
Feb 2022TranscriptNotesPPT
-
Jan 2022TranscriptNotesPPT
-
Dec 2021TranscriptNotesPPT
-
Nov 2021Transcript PPT
-
Nov 2021TranscriptNotesPPT
-
Sep 2021TranscriptNotesPPT
-
Aug 2021Transcript PPT
-
Aug 2021TranscriptNotesPPT
-
May 2021Transcript PPT
-
May 2021TranscriptNotesPPT
-
May 2021TranscriptNotesPPT
-
Feb 2021Transcript PPT
-
Feb 2021TranscriptNotesPPT
-
Nov 2020TranscriptPPT
-
Nov 2020Transcript PPT
-
Aug 2020TranscriptPPT
-
Aug 2020Transcript PPT
-
Jul 2020Transcript PPT
-
Feb 2020Transcript PPT
-
Nov 2019TranscriptPPT
-
Nov 2019Transcript PPT
-
Aug 2019Transcript PPT
-
Aug 2019TranscriptNotesPPT
-
Jun 2019TranscriptPPT
-
May 2019TranscriptPPT
-
May 2019Transcript PPT
-
Feb 2019TranscriptPPT
-
Feb 2019Transcript PPT
-
Nov 2018Transcript PPT
-
Nov 2018TranscriptNotesPPT
-
Sep 2018Transcript PPT
-
Aug 2018TranscriptPPT
-
Aug 2018Transcript PPT
-
Aug 2018TranscriptNotesPPT
-
Aug 2018TranscriptNotesPPT
-
Jun 2018TranscriptNotesPPT
-
Jun 2018TranscriptNotesPPT
-
Jun 2018Transcript PPT
-
May 2018TranscriptNotesPPT
-
Feb 2018Transcript PPT
-
Feb 2018Transcript PPT
-
Nov 2017Transcript PPT
-
Sep 2017Transcript PPT
-
Aug 2017Transcript PPT
-
May 2017Transcript PPT
-
Apr 2017TranscriptPPT
-
Feb 2017Transcript PPT
-
Dec 2016TranscriptPPT
-
Aug 2016Transcript PPT
-
May 2016TranscriptPPT
-
Feb 2016TranscriptPPT
-
Nov 2015Transcript PPT
-
Aug 2015TranscriptNotesPPT
Segment Wise Revenue in FY23[1]
Property & Related Services - 81%
Hospitality Services - 19%