T

The Phoenix Mills Limited

PHOENIXLTDNSE
Market snapshot · 2026-08-11 08:36 UTC

1,929.10

₹-5.90 (-0.30%)

MARKET CAP

₹69.00K Cr

STOCK P/E

51.6x

52W HIGH

₹2,169.80

52W LOW

₹1,402.50

BOOK VALUE

₹307.31

EPS

₹37.35

ROE

SECTOR

Real Estate

DEBT/EQUITY

37.21

VOLUME

1.46L

P/B RATIO

6.28x

PEG RATIO

2.22

Sector

Real Estate

Themes

Real EstateGovernment of Singapore Portfolio
D
Dividend
E
Earnings
₹2,138.90₹1,961.10₹1,783.31₹1,605.51₹1,427.71VolumeDEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for PHOENIXLTD.

22.00 analysts

Price Forecast

Current
₹1,929
High Target
₹2,495
▲ +29.3%
Median Target
₹2,100
▲ +8.9%
Low Target
₹1,700
▼ -11.9%
Now₹1,929High ₹2,495Median ₹2,100Low ₹1,700Aug '25Now12M Target
Price history (1Y)
Analyst target range
22 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹1,675 - ₹2,36880%
6M₹1,609 - ₹2,62780%
12M₹1,550 - ₹3,10080%
Realized vol: +27.0% · Drift: +16.4%

Revenue Forecast

₹ Cr
Jun '26Current₹147.0
Sep 2026 ETrend estimate range
High₹167.5Base₹155.1Low₹142.7
Sep '25: ₹137.0 · Dec '25: ₹146.0 · Mar '26: ₹135.0 · Jun '26: ₹147.0 · Sep '26: ₹155.1 · Dec '26: ₹165.3
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E137.0146.0135.0147.0155.1165.3
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹1.72
Sep 2026 ETrend estimate range
High₹4.58Base₹4.09Low₹3.60
Sep '25: ₹3.62 · Dec '25: ₹1.28 · Mar '26: ₹1.53 · Jun '26: ₹1.72 · Sep '26: ₹4.09 · Dec '26: ₹1.45
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E3.621.281.531.724.091.45
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
69%
Analyst Consensus
Weakening

From 22 analysts

Mean upside+9.5%

Fundamentals

Strong

Fundamentals institutional score is 92 using growth durability 91.7.

Valuation

Premium valuation

Valuation institutional score is 36 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 60 using mean target upside 9.5%; dispersion penalty 15.1; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 83 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Unavailable

This data source has not been supplied for the decision payload.

Signal Summary

Market intelligence remains Neutral. fundamentals and technical structure provide support, while valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationAnalyst Consensus NeutralTechnical Structure Strong Trend

Key Data Points

Mean Target Price2,111.4 target
Mean Upside+9.5%
Technical Score83%
Fundamental Score92%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 21.0% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.35). Confidence: 82%.

Live forward EPS implies next-12-month EPS of ₹49.95. Applying the stock's normalized valuation corridor produces a fair range of ₹1,948.05 to ₹2,337.66, with base value near ₹2,132.37 (+10.5% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹49.95

Forward P/E

38.6x

Base Fair Value

₹2,132.37

Fair Range

₹1,948.05 - ₹2,337.66

Upside To Base

+10.5%

Estimate Source

Live forward EPS

Growth Estimate

+23.3%

P/E
Strongly Overvalued

5Y Average

32.19

Current

51.65

Overvalued

46.80

Undervalued

39.00

EV/EBITDA
Strongly Overvalued

5Y Average

17.63

Current

28.29

Overvalued

24.27

Undervalued

10.23

P/B
Overvalued

5Y Average

5.69

Current

6.28

Overvalued

6.54

Undervalued

4.84

Peers & Comparison

Sector: Real Estate

Real Estate Peers5 peers
Avg P/E: 38x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
DLF LIMITED
DLFReal Estate
-52.9%65.8%
36.7x
Fair
-3% vs avg
-13.7%
LODHA DEVELOPERS LIMITED
LODHAReal Estate
+43.1%22.7%
29.4x
Undervalued
-23% vs avg
-0.5%
PRESTIGE ESTATE LTD
PRESTIGEReal Estate
+15.9%8.7%
60.0x
Premium
+58% vs avg
-4.1%
GODREJ PROPERTIES LTD
GODREJPROPReal Estate
+16.5%30.8%
38.9x
Fair
+2% vs avg
+5.9%
OBEROI REALTY LIMITED
OBEROIRLTYReal Estate
+31.7%41.6%
24.8x
Undervalued
-35% vs avg
+10.0%
WHY THESE PEERS

THE PHOENIX MILLS LTD trades at a premium (52.9x vs peer avg 38.0x), implying higher growth or quality expectations from the Real Estate cohort. Peers include DLF LIMITED, LODHA DEVELOPERS LIMITED, PRESTIGE ESTATE LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹147 CrJun 2026

Latest net profit

₹62 CrJun 2026

Latest EPS

₹1.72Jun 2026

Net margin

68.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%20.0%40.0%60.0%80.0%0.00 Cr40 Cr80 Cr120 Cr160 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr40 Cr80 Cr120 Cr160 Cr₹0₹1₹2₹3₹4
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr40 Cr80 Cr120 Cr160 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-2.50K Cr0.00 Cr2.50K Cr5.00K Cr7.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +118112120116118116127125126137146135147
Expenses +36394237414346554451484347
Operating Profit827377797772817082879892100
OPM %70%65%65%68%65%62%64%56%65%63%67%68%68%
Other Income +69355531051415695236
Interest16161616171819191716191414
Depreciation888118912162216171520
Profit before tax641425857106150654948150646673
Tax %20%11%13%8%9%11%14%-5%15%14%28%17%15%
Net Profit +51126505396134565241129465562
EPS in Rs1.433.521.411.482.693.751.561.441.143.621.281.531.72
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +47.26%47.25%47.25%47.25%47.25%
FIIs +36.27%33.45%33.85%32.97%31.73%
DIIs +12.72%15.47%15.26%16.14%17.38%
Public +3.74%3.84%3.64%3.64%3.64%
Others0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 10, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Allotment

Aug 10, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 05, 2026PDFCompany Reports Open