PML remains a quasi-play on India’s consumption story, given the quality of assets, healthy balance sheet and strategic expansion plans. The QIP fund raise/investments by GIC/CPPIB has boosted the liquidity and growth ammunition. With only five to six major retail mall developers currently in India and given its USP of operating large format properties efficiently, PML remains a superior player in the medium to long term
Realty firm Phoenix Mills declares Q3FY22 result:
Equity Capital: 8,379.76 Cr FV: 2.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 19,117.66 | -3,609.01 |
LAST 3M | 37,244.98 | 8,192.34 |
LAST 6M | 47,342.46 | 155,367.92 |
LAST 12M | 134,407.88 | 155,858.29 |
Date | Action Type | Ratio |
---|---|---|
Sep 15, 2023 | Dividend | 250 |
Sep 12, 2022 | Dividend | 120 |
Sep 16, 2021 | Dividend | 50 |
Phoenix Mills Limited is India’s largest mix-used real estate developer. The company is involved in developing retail malls, entertainment complexes, movie theatres, and other types of commercial spaces. The company’s specialty includes several key aspects of real estate development, including construction, planning, marketing, and management. The company has real estate assets across India but especially in Mumbai. The company’s headquarters are in Mumbai, Maharashtra.
On 5 January 2023, the market capitalisation of the company was Rs 25,164.21 crore. It reported consolidated sales of Rs 283.6 crore at the end of September 2022. The total income of the company during the financial year 2022 was Rs 1,483.48 crore. The company is listed on the Bombay Stock Exchange with the code 503100 and listed on the National Stock Exchange (NSE) as PHOENIXLTD.
Atul Ruia is the managing director of the company. Shishir Shrivastava, Rajendra Kalkar, Rajesh Kulkarni, Amit Dabriwala, and Amit Dalal are the other directors, and Anuraag Srivastav is the chief financial officer of the company. DTS & Associates LLP are its auditors.
On 5 January 2023, Phoenix Mills Limited’s share price on Rs 1415.6 on the BSE and Rs 1415.1 on the NSE. The share price touched a 52-week high of Rs 1,624.00 and a 52-week low of Rs 885.05. Its three-month return to investors was 3.01%, while its one-year return was 44.5%.
The promoters of Phoenix Mills have a stake of 47.32% in the company, while FIIs have a stake of 31.60%. Domestic mutual funds and foreign institutional investors have a consolidated stake in the company of 16.67%. The public has a stake of 4.41% in the company.
As of November 2022, DSP Midcap Direct-G had invested Rs 517 crore in the company, while Motilal Oswal Midcap Direct-G and Motilal Oswal Flexi Cap Direct-G had invested Rs 364.2 and Rs 218.77 crore, respectively.
The company’s TTM revenue stands at Rs 1,483.4 crore as of November 2022. During the same period, the company saw a net profit of Rs 247.9 crore.
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462 Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, 400013
Tel | : | 91-022-24964307 |
: | info:thephoenixmills.com | |
Website | : | http://www.thephoenixmills.com |
Link Intime India Pvt Ltd
AGM Date (Month) | : | Sep |
Face Value Equity Shares | : | 2 |
Market Lot Equity Shares | : | 1 |
BSE Code | : | 503100 |
NSE Code | : | PHOENIXLTD |
Book Closure Date (Month) | : | Sep |
BSE Group | : | A |
ISIN | : | INE211B01039 |
You can buy Phoenix Mills Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Phoenix Mills Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 21, 2023 03:56 PM the closing price of Phoenix Mills Ltd was ₹ 1,811.65.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 21, 2023 03:56 PM, the market cap of Phoenix Mills Ltd stood at ₹ 32,361.32.
The latest PE ratio of Phoenix Mills Ltd as of Sep 21, 2023 03:56 PM is 39.74
The latest PB ratio of Phoenix Mills Ltd as of Sep 21, 2023 03:56 PM is 0.26
The 52-week high of Phoenix Mills Ltd is ₹ 1,910.00 while the 52-week low is ₹ 1,186.40
According to analyst recommendations, Phoenix Mills Ltd has a “Buy” rating for the long term.