Page Industries is likely to remain in focus after delivering a steady Q4FY26 performance, with revenue growth driven by strong volume expansion and improving demand trends. Following the results, multiple brokerages have reiterated their bullish stance on the stock, raising target prices and highlighting a potential upside of nearly 20 per cent. Analysts remain optimistic on the company’s growth outlook, citing recovery in the athleisure segment, easing competitive intensity, and sustained double-digit volume growth expectations going ahead.
Morgan Stanley on Page Industries
Goldman Sachs on Page Industries
Nuvama On Page Industries
Page Industries Q4FY26 Result
Page Industries reported a steady performance in the fourth quarter of FY26, with revenue rising 14.1 per cent year-on-year to Rs 1,252.6 crore, compared with Rs 1,098 crore in the same period last year. The growth was supported by a healthy increase in volumes, with sales volumes climbing 10.8 per cent YoY to 54.5 million pieces, reflecting continued demand across its product segments.
Operating performance remained resilient, with EBITDA increasing 10.7 per cent YoY to Rs 260.6 crore from Rs 235.5 crore a year ago. However, EBITDA margin softened to 20.8 per cent, down from 21.5 per cent in Q4 FY25, indicating some pressure on costs despite the topline growth.
Profit after tax for the quarter rose 9 per cent YoY to Rs 178.7 crore, compared with Rs 164 crore in the year-ago period. Alongside the earnings, the company also announced a fourth interim dividend of Rs 150 per share, underlining its continued focus on shareholder returns while maintaining stable financial growth.
(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.)
