Page Industries Share Price Target 2026: Brokerage Citi has reviewed the performance of apparel manufacturer Page Industries, which recently reported an on-year rise of 9 per cent in net profit at Rs 178.73 crore for the quarter ended March 31, 2026. The company had posted a net profit of Rs 164 crore during the January-March period a year ago.
PIL’s revenue from operations was up 14 per cent to Rs 1,252.6 crore in the March quarter of FY’26. It was Rs 1,098.07 crore in the corresponding period a year ago. The company’s sales volume grew 10.8 per cent year-on-year, amounting to 54.5 million pieces, Page Industries said in its earnings statement.
- Marginal changes of 1-2% to FY27 and FY28 earnings estimates
- No material change in business outlook implied
- Valued at 40x March 2028 estimated EPS vs earlier December 2027 base
Citi maintained Sell rating with a target price of Rs 34,100 vs Rs 33,000.
Page Industries Q4 Results FY2026: Details
Total expenses of Page Industries, an exclusive licensee of JOCKEY International Inc (USA) for India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, Bhutan and UAE, were at Rs 1,031.96 crore, up 14.72 per cent in the March quarter.
Page Industries’ total income, which includes other income, was at Rs 1,269.76 crore, up 13.5 per cent in the March quarter on a year-on-year basis.
For the entire FY26, Page Industries net profit was up 4.75 per cent to Rs 763.82 crore. Its total consolidated income was up 6.28 per cent to Rs 5,310.67 crore for the financial year ended on March 31, 2026.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
