# PAGEIND (PAGEIND) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/pageind

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹35,640
- Change: +1.77%
- As of: 2026-09-18
- 1D return: +3.94%
- 5D return: +1.82%
- 1M return: +2.52%
- Latest complete quarter: fy26_q4

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, PAGEIND is navigating a mixed technical landscape. The daily timeframe shows a bearish Supertrend with the price below key moving averages like the 50-day SMA and 50-day EMA, suggesting short-term weakness. However, the weekly timeframe presents a bullish Supertrend, indicating potential underlying strength, though the price is below its 20-day and 50-day EMAs and SMAs. The monthly timeframe also indicates a bearish Supertrend, with the price below its 20-day EMA and SMA, reinforcing a longer-term cautious outlook. A "Hammer" pattern was observed on the monthly chart on September 18, 2026.

The stock is currently trading near a daily support level at ₹35,860, approximately 1.48% below the current price of ₹36,400. The nearest significant resistance is at ₹36,430, just 0.08% above the current price. The stock has experienced a recent upward anomaly on September 18, 2026, with a wide intraday range and a 4% return. The annualized volatility stands at 25%, with a current drawdown of -26%.

- Daily trend is bearish (Supertrend: bearish), while weekly trend is bullish (Supertrend: bullish).
- Nearest support is ₹35,860 (1.48% below current price).
- Nearest resistance is ₹36,430 (0.08% above current price).
- Monthly chart shows a "Hammer" pattern as of September 18, 2026.
- Watch for a sustained break above ₹36,430 resistance or a move below ₹35,860 support.

- Hammer
- Evening Star
- Outside Bar
- Bearish Engulfing Reversal
- Inside Bar

### News Context

Page Industries reported its first-quarter fiscal year 2027 results on August 19, 2026, showing a 7.9% year-over-year revenue increase to INR14,204 million, driven by a 5.7% rise in sales volume to 61.9 million pieces. However, profit after tax declined by 4% year-over-year to INR1,928 million. The company attributed the moderation in volume growth to planned adjustments in quarterly schemes and temporary logistical disruptions. Management reiterated its full-year EBITDA margin guidance of 19% to 21% and its target for double-digit volume growth for FY27. In a separate development on September 2, 2026, Page Industries disclosed it received a notice from the Dubai Court concerning a claim by Yellow Flower Trading LLC for AED 113,548,160.81 plus interest, related to a UAE distribution arrangement. The company stated it intends to contest the claim, which it considers without merit, noting the proceedings are in their preliminary stages.

Additionally, on August 27, 2026, the company announced the resignation of Murugesh C as Company Secretary & Compliance Officer, effective August 26, 2026, to pursue other opportunities. This resignation was noted as effective from the close of business on August 26, 2026, with the resignation letter received on May 25, 2026.

- On August 19, 2026, Page Industries reported Q1 FY27 revenue of INR14,204 million (up 7.9% YoY) and profit after tax of INR1,928 million (down 4% YoY).
- The company maintained its full-year EBITDA margin guidance of 19%-21% and double-digit volume growth target for FY27.
- On September 2, 2026, Page Industries disclosed a legal claim of AED 113,548,160.81 plus interest filed by Yellow Flower Trading LLC in the Dubai Court, which the company intends to contest.
- Murugesh C resigned as Company Secretary & Compliance Officer, effective August 26, 2026, as announced on August 27, 2026.

- Page Industries Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 Pendency of Litigation |SUBJECT: General Updates
- Page Industries Limited has informed the Exchange regarding Resignation of Murugesh C as Company Secretary & Compliance Officer of the company w.e.f. August 26, 2026. |SUBJECT: Resignation
- PAGE INDUSTRIES LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Page Industries Limited has informed the Exchange about Resignation of Director/KMP/SMP |SUBJECT: Resignation of Director/KMP/SMP
- Page Industries Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### What Changed

Page Industries (NSE: PAGEIND) has experienced a price increase between its previous observation and the current report date. On September 18, 2026, the stock was trading at ₹36,400.0, up from ₹35,020.0 on an earlier, unspecified date. The company's profile and exchange listing on the NSE remain unchanged.

- On 2026-09-18, Page Industries' stock price was ₹36,400.0.
- The stock price on a prior observation date was ₹35,020.0.
- The company continues to be listed on the NSE.

### Official Filings

Page Industries Limited disclosed on September 2, 2026, that it has received a notice from the Dubai Court concerning a claim by Yellow Flower Trading LLC (YFT) related to their UAE distribution arrangement. The claim amounts to AED 113,548,160.81, plus 9% annual interest from October 10, 2025. Page Industries stated its intention to contest the claim, which it preliminarily views as without merit, noting that legal proceedings are in their initial stages.

In other developments, the company reported its Q1 FY27 financial results on August 19, 2026. Revenue for the quarter was INR 14,204 million, a 7.9% year-over-year increase, with sales volume growing 5.7% to 61.9 million pieces. Profit after tax decreased by 4% year-over-year to INR 1,928 million. Management attributed the moderation in volume growth to planned adjustments in quarterly schemes and temporary disruptions in logistics and manpower at quarter-end. A 2.2% weighted-average price increase was implemented in mid-May to offset input cost inflation, with benefits anticipated in the second quarter. The company maintained its full-year EBITDA margin guidance of 19% to 21% and its target for double-digit volume growth in FY27.

Additionally, on August 13, 2026, the Board of Directors declared a first interim dividend of ₹200 per equity share for the financial year 2026-27. The company also reported an exceptional item of ₹3,500.42 lakhs for the year ended March 31, 2026, related to the impact of new labor codes.

- On September 2, 2026, Page Industries Limited announced it is contesting a claim of AED 113,548,160.81 plus interest from Yellow Flower Trading LLC in the Dubai Court.
- For Q1 FY27, reported on August 19, 2026, revenue was INR 14,204 million (up 7.9% YoY) and profit after tax was INR 1,928 million (down 4% YoY).
- The company maintained its full-year EBITDA margin guidance of 19% to 21% and double-digit volume growth target for FY27.
- On August 13, 2026, the Board declared a first interim dividend of ₹200 per equity share for FY2026-27.
- An exceptional item of ₹3,500.42 lakhs for FY2025-26 was disclosed, related to the impact of new labor codes.

- Page Industries Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 Pendency of Litigation |SUBJECT: General Updates
- Page Industries Limited has informed the Exchange regarding Resignation of Murugesh C as Company Secretary & Compliance Officer of the company w.e.f. August 26, 2026. |SUBJECT: Resignation
- PAGE INDUSTRIES LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Page Industries Limited has informed the Exchange about Resignation of Director/KMP/SMP |SUBJECT: Resignation of Director/KMP/SMP
- Page Industries Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Page Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Page Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Page Industries Limited has informed the Exchange that Board of Directors at its meeting held on August 13, 2026, declared Interim Dividend of Rs. 200 per equity share. |SUBJECT: Dividend
- Page Industries Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Page Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026. |SUBJECT: Outcome of Board Meeting

### Fundamentals

Page Industries reported a sequential decline in revenue and profitability across the three quarters ending in Q4 FY2025-26. Revenue from operations decreased from ₹2,607.42 crore in Q2 FY2025-26 to ₹1,252.60 crore in Q4 FY2025-26. Profit Before Tax followed a similar trend, falling from ₹531.28 crore in Q2 FY2025-26 to ₹237.80 crore in Q4 FY2025-26. Consequently, Profit Loss For Period also declined sequentially, from ₹395.56 crore in Q2 FY2025-26 to ₹178.73 crore in Q4 FY2025-26. The company's operating expenses, specifically 'Other Expenses', also saw a reduction from ₹496.54 crore in Q2 FY2025-26 to ₹242.87 crore in Q4 FY2025-26, mirroring the revenue trend. The tax expense also decreased in line with profit before tax.

- Revenue from operations for Page Industries decreased sequentially from ₹2,607.42 crore in Q2 FY2025-26 to ₹1,386.76 crore in Q3 FY2025-26 and further to ₹1,252.60 crore in Q4 FY2025-26.
- Profit Before Tax declined sequentially from ₹531.28 crore in Q2 FY2025-26 to ₹256.25 crore in Q3 FY2025-26 and ₹237.80 crore in Q4 FY2025-26.
- Profit Loss For Period showed a sequential decrease from ₹395.56 crore in Q2 FY2025-26 to ₹189.54 crore in Q3 FY2025-26 and ₹178.73 crore in Q4 FY2025-26.
- Other Expenses reduced from ₹496.54 crore in Q2 FY2025-26 to ₹242.87 crore in Q4 FY2025-26.
- Tax Expense decreased from ₹135.73 crore in Q2 FY2025-26 to ₹59.07 crore in Q4 FY2025-26.

### Bull Case

Page Industries' weekly trend analysis indicates a bullish SuperTrend signal as of the trade date, suggesting potential upward momentum on a weekly basis. The stock's price is currently trading above its 50-day Simple Moving Average (SMA), which stood at ₹36,984.40. Additionally, the company has shown positive returns over several shorter periods, including a 4% return in the last trading day and a 15% return over the last six months. The Year-to-Date (YTD) return is 2%.

- Weekly SuperTrend indicator is signaling bullish as of 2026-09-18.
- The stock's closing price of ₹36,400.0 on 2026-09-18 is above the 50-day SMA of ₹36,984.40.
- The company achieved a 4% return in the last trading day.
- Page Industries recorded a 15% return over the past six months.
- Year-to-date return stands at 2% as of 2026-09-18.

### Bear Case

The company's technical indicators suggest a weakening trend. On a daily basis, the Exponential Moving Average (EMA) of 20 periods is below the EMA of 50 periods, and both show a negative slope, indicating a downward price momentum. The Super Trend indicator is also in a bearish direction. While the weekly Super Trend is bullish, the daily and monthly trends present cautionary signals, with the monthly EMA 20 below the SMA 20 and a bearish Super Trend direction. The stock has experienced a significant drawdown of -26% from its recent peak, and its 1-year return is -18%.

- Daily EMA 20 (35869.31) is below EMA 50 (37045.79) with negative slopes.
- Daily Super Trend indicator is in a bearish direction.
- Monthly Super Trend indicator is in a bearish direction.
- The stock has a 1-year return of -18% as of 2026-09-18.
- Current drawdown stands at -26%.

### FAQs

**What is the company's recent financial performance and outlook for the fiscal year?**

For the first quarter of fiscal year 2027 (Q1 FY27), Page Industries reported revenue of ₹14,204 million, a 7.9% year-over-year increase, with sales volume growing 5.7% year-over-year to 61.9 million pieces. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) were ₹2,890 million, representing a margin of 20.3%. However, profit after tax decreased by 4% year-over-year to ₹1,928 million. The company attributed the moderation in volume growth to a planned normalization of quarterly schemes and temporary logistics disruptions. A 2.2% weighted-average price increase was implemented in mid-May to offset input costs, with benefits expected in the second quarter. Management has maintained its full-year EBITDA margin guidance of 19% to 21% and its target of double-digit volume growth for FY27.

**What is the status of the litigation involving Yellow Flower Trading LLC?**

On September 2, 2026, Page Industries Limited was notified by the Dubai Court of a claim filed by Yellow Flower Trading LLC (YFT). The claim relates to disputes concerning their distribution arrangement in the UAE and seeks AED 113,548,160.81, plus 9% annual interest from October 10, 2025. Page Industries stated its intention to contest these claims vigorously, assessing them as preliminarily without merit. The legal proceedings are currently in their initial stages.

**What are the key technical support and resistance levels for Page Industries?**

As of September 18, 2026, key technical levels for Page Industries include support at ₹35,860.0 (1.48% below current price) and ₹35,440.0 (2.64% below current price). Resistance is noted at ₹36,430.0 (0.08% above current price) and ₹41,449.38 (13.87% above current price).

**What has been the recent stock performance over different periods?**

As of September 18, 2026, Page Industries has shown varied returns across different timeframes. The stock has returned 4% in the last day, 3% over 20 days, and 2% year-to-date. Over a longer period, it has returned 15% in the last 6 months and 2% over 5 years. However, the stock has experienced a decline of 18% over the last year and a cumulative decrease of 24% since its inception.

- Page Industries Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 Pendency of Litigation |SUBJECT: General Updates
- Page Industries Limited has informed the Exchange regarding Resignation of Murugesh C as Company Secretary & Compliance Officer of the company w.e.f. August 26, 2026. |SUBJECT: Resignation
- PAGE INDUSTRIES LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Page Industries Limited has informed the Exchange about Resignation of Director/KMP/SMP |SUBJECT: Resignation of Director/KMP/SMP
- Page Industries Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹34,870
- Risk regime: Price Risk Requires Attention

### Support levels
- 35224.375
- 34720
- 33627.5

### Resistance levels
- 41449.375
- 42225
- 44300

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +3.94% |
| return_10 | +1.49% |
| return_1m | -0.07% |
| return_1y | -17.77% |
| return_20 | +2.52% |
| return_3m | -9.41% |
| return_5 | +1.82% |
| return_6m | +14.75% |
| return_since_start | -23.83% |
| return_ytd | +2.12% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -38.92% |
| annualized_volatility | +24.92% |

## Quarterly financials

- Latest complete quarter: fy26_q4

# Revenue grows 14% year-over-year; profit growth lags, margins narrow

In the fourth quarter, Page Industries reported revenue of ₹1,252.60 crore, up 14% from the same period last year but down 10% from the previous quarter. Profit after tax rose 9% year-over-year to ₹178.73 crore, also declining sequentially. The profit growth rate trailed revenue growth, resulting in slightly narrower profit margins compared to last year's fourth quarter.

## Revenue and profit trends: year-over-year growth with sequential decline

Revenue from operations for Q4 FY2025-26 was ₹1,252.60 crore, an increase of ₹154.53 crore (14.07%) from ₹1,098.07 crore in Q4 FY2024-25. Sequentially, revenue fell by ₹134.16 crore (9.67%) from ₹1,386.76 crore in Q3 FY2025-26. Among the four quarters of the current fiscal year, Q4 recorded the lowest revenue, while Q2 was the highest at ₹2,607.42 crore.

Profit after tax (PAT) followed a similar pattern. PAT of ₹178.73 crore was up ₹14.73 crore (8.98%) year-over-year but down ₹10.81 crore (5.70%) from the preceding quarter. The year-over-year growth in PAT was a smaller percentage than the growth in revenue.

## Profitability: margins narrow year-over-year

The profit before tax (PBT) margin for Q4 FY2025-26 was 18.98% (PBT of ₹237.80 crore divided by revenue of ₹1,252.60 crore), compared to 19.91% in Q4 FY2024-25. The PAT margin was 14.27% in the current quarter versus 14.94% in the same quarter last year. The effective tax rate remained similar at 24.84% in Q4 FY2025-26 and 25.00% in Q4 FY2024-25. The decline in PBT margin indicates that the company's costs, after accounting for other income, rose relative to revenue on a year-over-year basis.

## Expense composition: inventory build-up and key cost categories

In the quarter ended 31 March 2026, the major expense categories were:

- Cost of materials consumed: ₹300.06 crore
- Employee benefit expense: ₹228.49 crore
- Other expenses: ₹242.87 crore
- Depreciation and amortisation: ₹28.04 crore

Additionally, the company reported a negative change in inventories of finished goods, work in progress, and stock in trade amounting to ₹90.58 crore. This negative figure means that inventories increased during the quarter, which reduces the total expense line. The build-up of inventory suggests that production exceeded sales in the quarter.

## Other expenses

Other expenses, which include items such as selling, distribution, and administrative costs, were ₹242.87 crore in Q4. This was a decrease of ₹9.35 crore (3.71%) from the previous quarter and a decrease of ₹7.12 crore (2.85%) from Q1 FY2025-26. Q2 saw a sharp increase to ₹496.54 crore, consistent with the much higher revenue in that quarter.

## Key Takeaway

Page Industries achieved year-over-year growth in both revenue and profit in the fourth quarter, but profit growth lagged behind revenue growth, leading to slightly narrower profit margins compared to the same quarter last year. Revenue and profit declined sequentially from the third quarter, and the company built up inventory during the quarter. The overall financial story is one of continued annual growth accompanied by modest margin pressure.

### Ratios

## Official filings

- 2026-09-02 — Litigation Disclosure: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_02092026173459_REG30YFT02SEP2026.pdf)
- 2026-08-27 — Management Change: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_27082026100603_CSCESSATION.pdf)
- 2026-08-27 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2552_WebXMLFile_20260827_101353416.xml)
- 2026-08-27 — Management Change: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_ROID_97216_KMP_Doc.zip)
- 2026-08-19 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_19082026105304_TRANSCRIPTQ1FY27.pdf)
- 2026-08-14 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_14082026184855_NEWSPAPERRESULTS30062026.pdf)
- 2026-08-14 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_14082026184618_INVESTORMEET21SEPTEMBER2026.pdf)
- 2026-08-13 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_13082026145022_RESULTS30JUNE2026.pdf)
- 2026-08-13 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_13082026191350_AUDIOQ1FY27.pdf)
- 2026-08-13 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_13082026143650_RESULTS30JUNE2026.pdf)
- 2026-08-13 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_13082026183311_REG34DECLARATION.pdf)
- 2026-08-13 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_13082026182956_31AGMPROCEEDINGS.pdf)
- 2026-08-13 — Earnings Presentation: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_13082026144043_PRIP30JUNE2026.pdf)
- 2026-08-13 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_13082026191758_31AGMVIDEOLINK.pdf)
- 2026-07-17 — Generic Announcement: Page Industries Limited published a newspaper advertisement on July 17, 2026, regarding its 31st Annual General Meeting, e-voting instructions, and book closure. The advertisement was published in Business Line and Samyuktha Karnataka and is also available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_17072026162329_31AGMNOTICENEWSPAPER.pdf)
- 2026-07-16 — Generic Announcement: Page Industries Limited will host an investor call on August 13, 2026, at 4:00 PM IST to discuss financial results for the quarter ended June 30, 2026. The call will feature a management discussion and a Q&A session with Managing Director V.S. Ganesh, CFO Deepanjan B, and CEO Karthik Yathindra. — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_16072026112709_INVESTORCALLQ1FY27.pdf)
- 2026-07-16 — Generic Announcement: Page Industries Limited will hold its 31st Annual General Meeting on August 13, 2026, via Video Conferencing. The company's Register of Members and Share Transfer Books will be closed from August 6, 2026, for this meeting. Key agenda items include adopting the financial statements for the year ended March 31, 2026, re-appointing directors Mr. V S Ganesh and Mr. Sanjeev Genomal, and appointing Walker Chandiok & Co LLP as statutory auditors for the financial year 2026-27 with a proposed remuneration of ₹9.00 million plus applicable taxes and expenses. Additionally, the company proposes to pay a sum not exceeding ₹20 million to non-executive directors for the financial year 2026-27. — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_16072026161835_31AGMNOTICE.pdf)
- 2026-07-13 — Generic Announcement: Page Industries Limited will hold a Board of Directors meeting on 13 August 2026 to review the unaudited financial results for the quarter ended 30 June 2026 and consider declaring a 1st interim dividend for the financial year 2026-27. If declared, the record date for the dividend payment will be 19 August 2026. An investor/analyst call to discuss the Q1 2026 results is scheduled for 13 August 2026 at 4:00 PM. — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_13072026185426_BMINTIMATION13AUG2026.pdf)
- 2026-06-26 — Generic Announcement: Page Industries Limited will close its trading window from July 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter ended June 30, 2026, in accordance with its Fair Disclosure Code. — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_26062026173219_TRADINGWINDOWQ1FY27.pdf)
- 2026-06-22 — Generic Announcement: Page Industries Limited has published a newspaper advertisement on June 19, 2026, regarding its 31st Annual General Meeting, which will be conducted via Video Conference (VC)/Other Audio Visual Means (OAVM). Copies of this advertisement are also available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_22062026122435_31AGMOVAMNEWSPAPER.pdf)
- 2026-06-15 — Shareholding Disclosure: Page Industries Limited's Promoters and Persons Acting in Concert have disclosed that no shares were encumbered, directly or indirectly, during the financial year 2025-26, other than those already reported as NIL. This disclosure was made on April 1, 2026, in accordance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. — [Official attachment](https://nsearchives.nseindia.com/corporate/team_bbodade_23042026154832_PAGEIND1.pdf)
- 2026-06-10 — Generic Announcement: Page Industries Limited management will attend HSBC's Singapore conference on June 18-19, 2026, in Singapore to interact with investors and analysts in group meetings. No unpublished price-sensitive information will be shared, and the schedule is subject to change. — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_10062026175041_INVESTORMEET18JUNE2026.pdf)
- 2026-05-29 — Generic Announcement: Page Industries Limited reported its Q4 FY26 earnings, with revenue growing 14.1% year-on-year to INR 12,526 million and profit after tax increasing by 9% to INR 1,787 million. For the full fiscal year 2026, revenue grew 6.3% to INR 52,468 million, and profit after tax increased by 4.8%. The company noted an improvement in consumer sentiment and retail demand, alongside strategic initiatives driving performance. They also provided a transcript and audio recording of the investor call. — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_29052026180747_TRANSCRIPTQ4FY26.pdf)
- 2026-05-22 — Generic Announcement: Page Industries Limited published newspaper advertisements on May 22, 2026, regarding its financial results for the quarter ended March 31, 2026, in compliance with SEBI regulations. Separately, Credit Saison India raised $500 million through an external commercial borrowing syndication to expand its MSME and secured lending businesses. The funds will also support financial inclusion and credit access for underserved borrowers. The Asian Development Bank participated in this syndication, which is the largest overseas borrowing for the company. — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_22052026131959_NEWSPAPERRESULTS31032026.pdf)
- 2026-05-21 — Generic Announcement: Page Industries Limited's Board of Directors, on May 21, 2026, recommended the appointment of M/s. Walker Chandiok & Co LLP as Statutory Auditors for a five-year term, commencing after the 31st Annual General Meeting until the conclusion of the 36th Annual General Meeting. This appointment is in place of the retiring auditors, M/s. S.R. Batliboi & Associates LLP, who have completed their second consecutive five-year term. — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_21052026154949_AUDITORAPPOINTMENT21MAY2026.pdf)

## News and market events

- 2026-09-03 — MONEYCONTROL: **Buzzing Stocks: Welspun Corp shares up 3% after Jefferies initiates Buy; Inox Wind gains on 100 MW projec** — Buzzing Stocks — [Source](https://www.moneycontrol.com/news/business/markets/buzzing-stocks-welspun-corp-shares-up-3-after-jefferies-initiates-buy-inox-wind-gains-on-100-mw-projec-14021389.html)
- 2026-09-03 — BUSINESS: **Stock Alert: Hexaware Tech, HUDCO, Power Grid, Page Industries** — Shares of LIC Housing Finance and SAIL are banned from F&O trading on 3 September 2026. — [Source](https://www.business-standard.com/markets/capital-market-news/stock-alert-hexaware-tech-hudco-power-grid-page-industries-126090300127_1.html)
- 2026-09-03 — BUSINESSTODAY: **Top stocks in news: Meesho, Power Grid, Lumino, Hexaware Tech, HUDCO, Ola Electric, RBL Bank, NMDC** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Meesho, Power Grid, Lumino Industries, Hexaware Technologies, HUDCO, Ola Electric, RBL Bank, NMDC, Page Industries, Power Grid Corporation of India, ICICI Prudential Life Insurance Company, Housing & Urban Development Corporation, Ola Electric Mobility, Persistent Systems, Heidelberg Cement — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-meesho-power-grid-lumino-hexaware-tech-hudco-ola-electric-rbl-bank-nmdc-552997-2026-09-03)
- 2026-09-02 — CNBC-TV18: **Stocks to Watch for September 3: ICICI Bank, HUDCO, Page Industries and more** — From ICICI Bank’s stake purchase in ICICI Prudential Life and HUDCO’s ₹25,000-crore MoU with the Bihar government to Page Industries’ Dubai court notice here are few stocks to track ahead of Thursday’s trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-september-3-icici-bank-hudco-page-industries-fact-share-price-19982577.htm)
- 2026-08-16 — BUSINESSTODAY: **Rs 200 interim dividend for FY27 by this company; check record, payment dates, brokerages' view after Q1** — Page Industries, Page Industries dividend, Rs 200 interim dividend, FY27 dividend, Page Industries Q1 FY27 results, Page Industries share price, Page Industries stock, Jockey India, interim dividend record date, dividend payment date, Motilal Oswal, Nuvama Institutional Equities, Page Industries brokerage view, Page Industries target price, Page Industries Buy call — [Source](https://www.businesstoday.in/markets/stocks/story/rs-200-interim-dividend-for-fy27-by-this-company-check-record-payment-dates-brokerages-view-after-q1-549442-2026-08-16)
- 2026-08-14 — The Hindu: **Sensex today | Stock Market Live: Sensex, Nifty open lower as West Asia tensions offset easing Fed rate hike bets** — Sensex, Nifty, Share Prices LIVE: Indian equities opened with a cautious bias on Friday as investors weighed easing expectations of a September US rate hike against persistent West Asia tensions, continued foreign selling and weekly losses, while softer crude prices offered some relief. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-14th-august-2026/article71341547.ece)
- 2026-08-14 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades lower; Jefferies raises target for Honasa** — Sensex Today | Stock Market LIVE Updates: As the earnings season comes to a close, markets will now look at macro factors, with the conflict in the Persian Gulf and the stalemate there holding the potential to induce volatility. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-sensex-hdfc-bank-nifty-bank-q1-earnings-tata-motors-max-fin-defence-bdl-share-price-liveblog-19969121.htm)
- 2026-08-13 — CNBC-TV18: **IRCTC, Rail Vikas Nigam, Apollo Hospitals, Page Industries: Top management takeaways investors need to know** — As earnings season comes closer to its end, management teams are offering fresh clues on growth, demand and expansion plans. From Apollo Hospitals’ aggressive capacity addition and IRCTC’s tourism push to Page Industries’ margin outlook and Rail Vikas Nigam’s order book ambitions, here are the key takeaways from recent analyst calls. — [Source](https://www.cnbctv18.com/photos/market/irctc-rail-vikas-nigam-apollo-hospitals-page-industries-top-management-takeaways-investors-need-to-know-19968979.htm)
- 2026-08-13 — MONEYCONTROL: **Page Industries Q1 profit down 4% at Rs 193 crore, revenue rises to Rs 1,420.44 crore** — page industries, Q1 results, jockey sales — [Source](https://www.moneycontrol.com/news/business/earnings/page-industries-q1-profit-down-4-at-rs-193-crore-revenue-rises-to-rs-1-420-44-crore-14004999.html)
- 2026-08-13 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Friday** — Sensex gained 114 points while Nifty fell over 40 points on expiry day, reflecting divergent benchmark moves. Softer inflation supported sentiment, but elevated crude prices and geopolitical risks kept investors cautious, with Nifty remaining rangebound between key technical levels. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-friday/articleshow/133218209.cms)
- 2026-08-13 — The Hindu: **Hormuz blockade, crude, and CPI keep D-Street on edge** — Market volatility persists as Hormuz blockade, crude prices, and CPI data influence investor sentiment on D-Street. — [Source](https://www.thehindubusinessline.com/markets/hormuz-blockade-crude-and-cpi-keep-d-street-on-edge/article71341083.ece)
- 2026-08-13 — CNBC-TV18: **Q1 Results LIVE Updates: Honasa Consumer profit more than doubles; Premier Explosives revenue falls** — Q1 Results LIVE Updates: Tata Motors PV, Page Industries, JSW Cement, Aditya Birla Real Estate, Avanti Feeds, Dreamfolks, Godrej Industries, IGL, Indigo Paints, IPCA Labs, Jubilant Foodworks, LG Electronics India, Max Financial Services, Olectra Industries, VST Tillers, Welspun Living, Solar Industries, are among the companies reporting their first quarter earnings today. Earnings reactions also come from Tata Motors CV, Lenskart, Apollo Hospitals among many other stocks. Watch this space for all the LIVE Q1 result updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-today-tata-motors-page-industries-abrel-jsw-cement-lenskart-petronet-astral-igl-ipca-share-price-liveblog-19968129.htm)
- 2026-08-13 — The Hindu: **Q1 Results Today Live: TMPV Q1 PAT falls, Max Health PAT flat, Solar Ind, IPCA Lab, TVS Srichakra, V2 Retail, Honasa Consumer, Minda Corp PAT up, LG Electronics, Amber Enterprises, Brigade, JSW Cement to announce Q1 results** — Q1 Results Today, 13th August 2026 Live Updates: Follow Q1FY27 live updates from businessline — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-solar-ind-tmpv-lg-electronics-max-healthcare-gic-godrej-ind-jubilant-foodworks-amber-enterprises-brigade-jsw-cement-honasa-consumer-tmcv-hal-results-13-august-2026/article71335955.ece)
- 2026-08-13 — CNBC-TV18: **Sensex vs Nifty: Why did the two benchmarks end in opposite directions today?** — The BSE Sensex closed at 78,080, up 114 points, while the Nifty50 ended at 24,396, down 40 points. The Nifty Bank fell 251 points to 57,635, while the midcap index gained 97 points to 64,122. — [Source](https://www.cnbctv18.com/market/sensex-vs-nifty-why-did-the-two-benchmarks-end-in-opposite-directions-today-19968635.htm)
- 2026-08-13 — Mint: **Top Gainers & Losers on 13 August: Apar Industries, Hindalco, Ather Energy, Force Motors, CUB among top losers** — Indian stocks slid further, driven down by weak financial participation and high crude oil prices. The Nifty decreased by 0.34% and Sensex by 0.13%, with key sectors like metals and cement seeing significant losses amid ongoing geopolitical tensions. — [Source](https://www.livemint.com/market/stock-market-news/top-gainers-losers-on-13-august-apar-industries-hindalco-ather-energy-force-motors-cub-among-top-losers-11786615201243.html)
- 2026-08-13 — The Hindu: **Sensex today | Stock Market Live: Sensex down nearly 200 points at 77,770, Nifty slides 92 points in late trade** — Sensex, Nifty, Share Prices Live: At 3 pm, Sensex traded 195.93 pts or 0.25% lower at 77,770.42, and NIfty 50 declined 92.70 pts or 0.38% to 24,343.25.  Indian equities remained subdued despite stronger Asian markets, with firm crude prices and geopolitical risks keeping investors cautious. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-13th-august-2026/article71337670.ece)
- 2026-08-13 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty falls to 24,350 again; Hindalco down 3%** — Sensex Today | Stock Market LIVE Updates: We are in the second half of this Sensex weekly expiry session, and the markets are under pressure again, as the Nifty index falls close to 50 points, falling below 24,350. The Nifty bank index is taking a heavier blow, down over 300 points. Grasim, Ultratech and Hindalco are the top laggards. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-expiry-today-nifty-50-msci-gcpl-lg-tata-motors-lenskart-laurus-adani-ashok-leyland-share-price-liveblog-19968111.htm)

## Business profile

**Strategic vision:** Manufactures and markets innerwear, leisurewear, and swimwear under Jockey and Speedo.

### Business segments
- **Innerwear and Leisurewear:** This segment includes a wide range of apparel for men, women, and kids, focusing on comfort and lifestyle.
- **Swimwear and Accessories:** This segment offers performance swimwear and related accessories for competitive and recreational swimmers.

### Competitive strengths
- Exclusive licensing agreements for globally recognized brands.
- Vertically integrated business model from design to retail.
- Extensive distribution network across multiple channels.
- Focus on manufacturing at scale and careful brand building.

## Related stocks

- [SWANCORP (Textiles)](https://faxioms.com/stocks/swancorp) — +2.09%
- [TRIDENT (Textiles)](https://faxioms.com/stocks/trident) — +0.30%
- [VTL (Textiles)](https://faxioms.com/stocks/vtl) — +2.94%
- [WELSPUNLIV (Textiles)](https://faxioms.com/stocks/welspunliv) — +0.98%
- [360ONE (Financial Services)](https://faxioms.com/stocks/360one) — +1.96%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/pageind
Markdown representation: https://faxioms.com/stocks/pageind?render=md
