Page Industries is an Indian firm that manufactures and markets apparel such as innerwear, loungewear, and socks. The company has its headquarters in Bengaluru, Karnataka. It was founded in 1995 and has since expanded its operations to several countries, such as Sri Lanka, Nepal, Bhutan, United Arab Emirates, Qatar, Bangladesh, and others. The company is the exclusive licensee of Jockey, which is an internationally renowned brand in the apparel space.
On 5 January 2023, the market capitalisation of Page Industries Limited was Rs 46,988.01 crores, and it reported consolidated sales of Rs 3,886 crore at the end of June 2022.
The company is listed on the Bombay Stock Exchange with the code 532827 and the National Stock Exchange with the code PAGEIND. On 30 June 2022, the company’s shareholding pattern indicated a promoter stake of 461%, a 0% stake of foreign institutional investors, and a public stake of 35.04%. The company’s shareholding pattern has remained largely the same over the last year.
The company’s board of directors includes Sunder Genomal, V S Ganesh, Shamir Genomal, Rohan Genomal, Mark Fedyk, Nari Genomal, Ramesh Genomal, and Arif Vazirally. S R Batliboi & Associates LLP are the company’s auditors. On 30 June 2022, the company had a total of 1.1 crore shares outstanding.
On 5 January 2023, Page Industries shares prices were Rs 42,177.95 and Rs 42,177.45 on NSE and BSE, respectively. The share price touched a 52-week high of Rs 54,349.10 and a 52-week low of Rs 37,825.00. Its three-month return to investors was -19.4%, while its one-year return was 2.25%.
SBI Focused Equity Direct-G is a mutual fund that has invested a sum of Rs 901 crore in Page Industries. Other mutual funds with an investment in Page Industries include SBI Bluechip Direct-G (with an investment of Rs 616 crore) and SBI Equity Hybrid Direct-G (with an investment of Rs 604 crore).
In the second quarter of FY23, the company reported an increase in revenue of 16% compared to the same period last year. The company also reported that its EBITDA had increased by 2% compared to the same period last year.
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