Page Industries Reports Strong ROCE Amidst Long-Term Growth Challenges and Stakeholder Changes

Page Industries, a notable player in the lifestyle sector, has recently undergone an adjustment in evaluation, reflecting the company's current market dynamics and operational performance. The company reported a robust return on capital employed (ROCE) of 67.35% and maintained a low debt-to-equity ratio of 0.02 times, indicating strong management efficiency.
In September 2024, Page Industries achieved key operational milestones, including an operating cash flow of Rs 1,080.47 crore and a PBDIT of Rs 281.46 crore. The operating profit to net sales ratio stood at 22.58%, showcasing the company's profitability.

Despite a commendable market return of 24.30% over the past year, Page Industries is navigating challenges related to long-term growth. The company has experienced net sales growth at an annual rate of 9.92% and operating profit growth at 7.56% over the last five years. Additionally, there has been a slight decline in promoter confidence, with a 0.75% reduction in their stake, bringing it to 44.29%. With a market capitalization of Rs 52,068 crore, Page Industries continues to be a significant entity in its sector, representing 28.65% of the industry.

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