PHOENIXLTD · NSE
The Phoenix Mills Limited
₹1,877.9
+0.30% (+₹5.7)
Prev. close
₹1,872.2
Volume
4,21,506
Delivery %
64.4%
As of
18 Sept 2026
Price history
Analyst sentiment
Analysts lean bullish
1 analyst stance · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “HSBC has a target price of ₹2,450 for Phoenix Mills, indicating a 27% upside. The company is highlighted as a leading ma…” | HSBC AnalysisHSBC | Phoenix Mills | PENDING |
Fundamentals
About The Phoenix Mills Limited
The Phoenix Mills Limited engages in the operation and management of malls, construction of commercial and residential properties, and hotel business in India. The company operates in three segments, Property and Related Services, Hospitality, and Residential Business. Its real estate asset portfolio consists of retail mall, commercial office, residential, and hospitality projects located in Mumbai, Chennai, Bengaluru, Pune, Kolkata, Lucknow, Bareilly, Agra, Ahmedabad, Indore, Surat, Chandigarh, Thane, and Coimbatore. The company owns and operates hotels under The St. Regis name; Courtyard by Marriott brand name in Agra; and various restaurants in Mumbai and Agra. It operates malls primarily under the Phoenix Palladium, Phoenix MarketCity, Palladium, Phoenix United, Phoenix Palassio, Phoenix Paragon, Phoenix Citadel, Phoenix Grand Victoria, Phoenix Mall of Asia, and Phoenix Mall of the Millennium brand names. The Phoenix Mills Limited was incorporated in 1905 and is based in Mumbai, India.
Details
Sector
Real Estate
Industry
Real Estate - Diversified
CEO
Mr. Rajesh Ramesh Kulkarni
Headquarters
Mumbai
Employees
2,073
Website
thephoenixmills.comExchange
View on NSE ↗Key stats
Market cap
₹66,964.45 Cr
P/E ratio (TTM)
52.3
Dividend yield
0.13%
EPS (TTM)
₹35.80
Beta (1Y · daily vs NIFTY 50)
1.23
Beta (5Y · monthly vs NIFTY 50)
1.14
Shares float
18.62 Cr
EPS · quarter ended Jun 2026
₹8.30
Upcoming earnings
29 Oct 2026
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 1.4% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1,073.29 Cr | ₹1,483.48 Cr | ₹2,638.35 Cr | ₹3,977.69 Cr | ₹3,813.57 Cr | ₹4,422.80 Cr | |
| EBITDA | ₹586.47 Cr | ₹808.36 Cr | ₹2,240.44 Cr | ₹2,309.00 Cr | ₹2,324.82 Cr | ₹2,778.87 Cr |
| ₹52.61 Cr | ₹237.35 Cr | ₹1,334.96 Cr | ₹1,099.21 Cr | ₹984.23 Cr | ₹1,223.82 Cr | |
| Diluted EPS | ₹1.6 | ₹6.65 | ₹37.36 | ₹30.66 | ₹27.52 | ₹34.21 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹17,589.20 Cr | ₹19,283.34 Cr | ₹21,531.23 Cr | ₹22,852.66 Cr | |
| — | — | ₹4,259.28 Cr | ₹4,639.24 Cr | ₹4,687.22 Cr | ₹5,323.01 Cr | |
| Stockholders' equity | — | — | ₹8,379.77 Cr | ₹9,457.71 Cr | ₹10,448.15 Cr | ₹10,988.54 Cr |
Total assets, Current assets, Inventory, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹436.62 Cr | ₹780.61 Cr | ₹1,356.05 Cr | ₹2,161.73 Cr | ₹2,083.56 Cr | ₹2,425.69 Cr | |
| Investing cash flow | ₹-954.89 Cr | ₹-2,841.19 Cr | ₹-1,536.02 Cr | ₹-1,859.15 Cr | ₹-2,162.12 Cr | ₹-1,645.58 Cr |
| ₹521.73 Cr | ₹2,227.56 Cr | ₹131.78 Cr | ₹-299.21 Cr | ₹-47.27 Cr | ₹-730.55 Cr | |
| Capital expenditure | ₹-744.25 Cr | ₹-1,259.20 Cr | ₹-1,825.73 Cr | ₹-1,673.64 Cr | ₹-2,617.29 Cr | ₹-1,396.79 Cr |
| End cash position | ₹132.79 Cr | — | ₹96.16 Cr | ₹99.53 Cr | ₹-27.09 Cr | ₹22.46 Cr |
Debt issued, Debt repaid, End cash position have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21 | Jan 22 | Mar 22 | Jun 22 | Sep 22–Dec 22(2Q) | Mar 23–Jun 23(2Q) | Sep 23–Dec 23(2Q) | Mar 24 | Jun 24–Sep 24(3Q) | Dec 24–Jun 25(3Q) | Sep 25–Jun 26(4Q) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 45.48% | 45.43% | 47.34% | 47.33% | 47.32% | 47.31% | 47.30% | 47.29% | 47.28% | 47.27% | 47.26% | 47.25% |
| Public | 54.52% | 54.57% | 52.66% | 52.67% | 52.68% | 52.69% | 52.70% | 52.71% | 52.72% | 52.73% | 52.74% | 52.75% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Real Estate
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| DLF Limited | ₹1.58 L Cr | ₹644.35 | 34.7 | 3.48 | 9.7% | 0.01 | -1.4% | -17.7% |
| Lodha Developers Limited | ₹1.10 L Cr | ₹1,144.7 | 26.8 | 4.73 | 14.7% | 0.42 | +19.2% | -5.0% |
| The Phoenix Mills Limited | ₹66,964.45 Cr | ₹1,877.9 | 52.3 | 6.09 | 11.1% | 0.48 | +16.0% | +15.5% |
| Oberoi Realty Limited | ₹63,292.24 Cr | ₹1,785 | 24.1 | 3.53 | 14.0% | 0.16 | +13.7% | +7.6% |
| Prestige Estates Projects Limited | ₹62,029.46 Cr | ₹1,435.1 | 54.4 | 3.81 | 7.3% | 1.09 | +74.1% | -11.9% |
| Godrej Properties Limited | ₹52,654.39 Cr | ₹1,748 | 32.9 | 2.75 | 9.7% | 0.83 | +4.7% | -14.2% |
| Anant Raj Limited | ₹21,481.05 Cr | ₹606.15 | 36.7 | 3.71 | 9.6% | 0.12 | +21.9% | +3.5% |
| Brigade Enterprises Limited | ₹20,445.49 Cr | ₹620.9 | 31.7 | 3.00 | 9.4% | 1.01 | +12.4% | -34.6% |
| Horizon Industrial Parks Limited | ₹15,040.10 Cr | ₹54.23 | — | 2.74 | -3.4% | 1.26 | +19.7% | — |
| Aditya Birla Real Estate Limited | ₹13,638.67 Cr | ₹1,257.4 | — | 3.69 | -2.8% | 1.52 | -66.4% | -34.9% |
| Sobha Limited | ₹12,721.09 Cr | ₹1,215.2 | 55.0 | 2.70 | 4.1% | 0.22 | +28.3% | -25.4% |
| Signatureglobal (India) Limited | ₹10,567.63 Cr | ₹756.95 | 10.1 | 5.71 | 59.2% | 1.61 | +3.8% | -33.8% |
Ranked by market cap within Real Estate, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 29
Concall transcripts
Show all 12
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
43 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Phoenix Mills Q1 FY27 Results: Revenue Rises 13%, Net Profit Jumps 23%
Trade Brains · 8 days ago