# Page Industries (PAGEIND) — Stock analysis

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

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹35,930
- Change: +1.15%
- As of: 2026-11-06
- 1D return: +1.15%
- 5D return: +4.14%
- 1M return: -1.43%
- Latest complete quarter: fy26_q4

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

PAGEIND closed at ₹35,930 on 2026-11-06, marking a +1.2% daily gain after an extreme downward gap on 2026-10-28. The technical setup is mixed: while the stock has recovered to trade above its daily 20-period EMA and SMA, it remains below the 50-period EMA, 200-period SMA, and the Supertrend indicator. This divergence suggests short-term stabilization within a broader bearish structure that persists across weekly and monthly horizons, where price sits below all moving averages and the Supertrend. Trend strength is developing on the daily chart (ADX 20.38) but established on the monthly chart (ADX 36.38), indicating that the prevailing downtrend retains significant conviction. Participation was notable on 2026-11-06 with a high-severity volume anomaly accompanying the upward move, though the volume ratio of 0.17 suggests relative lightness compared to historical norms. The stock trades near immediate resistance at ₹35,980 (0.14% above) and faces support at ₹35,740 (0.53% below). With a current drawdown of -27.3% and annualized volatility of 24.9%, risk remains elevated. A sustained close above ₹35,980 would be required to validate a shift toward bullish momentum; failure to hold above ₹35,740 could expose the stock to further downside toward ₹35,280.

- Price Structure: Trading at ₹35,930, above daily 20-period EMA/SMA but below key longer-term averages (50 EMA, 200 SMA) and Supertrend, signaling mixed short-term vs. long-term trend alignment.
- Trend Strength: Daily ADX (20.38) indicates developing trend strength, contrasting with established monthly bearishness (ADX 36.38); weekly trend remains weak (ADX 13.92).
- Participation: High-severity upward volume anomaly recorded on 2026-11-06 (+1.2% return), though volume ratio (0.17) implies limited participation intensity.
- Key Levels: Immediate resistance at ₹35,980 (0.14% above); primary nearby support at ₹35,740 (0.53% below). Breakout above ₹35,980 needed for bullish confirmation.

- Bullish Engulfing Reversal
- Inside Bar
- Bearish Engulfing Reversal
- Outside Bar
- Harami

### News Context

Page Industries Limited has scheduled a Board of Directors meeting for November 12, 2026, to consider the adoption of Unaudited Financial Results for the second quarter ended September 30, 2026. The agenda also includes consideration of a second interim dividend for the financial year 2026-27, with a proposed record date of November 18, 2026, if declared. An investor and analyst call is set for the same day at 4:00 PM to discuss these quarterly results.

As of November 6, 2026, the stock closed at ₹35,930 on the NSE, reflecting a market capitalization of approximately ₹39,618.56 crore. Technical indicators show a bearish trend across daily, weekly, and monthly timeframes, with the Supertrend direction signaling downside pressure. The stock has experienced a significant drawdown, currently sitting -27.3% from its peak, with a maximum historical drawdown of -38.9%. Over the past year, the stock has returned -9.6%, while year-to-date performance remains slightly positive at +0.8%. Immediate resistance is noted near ₹35,980, while support levels are identified around ₹35,740 and ₹35,280.

- Board Meeting Scheduled: Page Industries will meet on November 12, 2026, to approve Q2 FY2026-27 unaudited financial results and potentially declare a second interim dividend (record date: November 18, 2026).
- Price Action: The stock closed at ₹35,930 on November 6, 2026, with a market cap of ~₹39,618.56 crore. Technical trends remain bearish across multiple timeframes.
- Performance Context: The stock is down -9.6% over the last year and -27.3% from its current peak, though it has gained +0.8% year-to-date as of November 6.
- Key Levels: Near-term resistance is observed at ₹35,980 (+0.14%), with support pivots at ₹35,740 (-0.53%) and lows at ₹35,280 (-1.81%).

- Financial Results/Dividend |Meeting Date: 12-Nov-2026
- Page Industries Limited has informed the Exchange that Record date for the purpose of Dividend is 18-Nov-2026. |SUBJECT: Record Date
- PAGE INDUSTRIES LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Dividend. |SUBJECT: Board Meeting Intimation
- Board Meeting Intimation |Meeting Date: 12-Nov-2026
- Page Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018

### Official Filings

Page Industries Limited has scheduled a Board Meeting for November 12, 2026, to consider the Unaudited Financial Results for the second quarter ended September 30, 2026, and the declaration of a second interim dividend for FY 2026-27. If approved, the record date for the dividend is set for November 18, 2026. An investor and analyst call will be held on the same day as the board meeting at 4:00 PM to discuss quarterly performance.

In governance developments, Mr. Arjun Sunil Makhecha was appointed as Company Secretary and Compliance Officer effective October 14, 2026, bringing over 16 years of experience in corporate governance and compliance. Regarding shareholding patterns as of September 30, 2026, promoters and promoter group hold 42.89% of the equity, while the public holding stands at 57.11%.

On the legal front, both Page Industries and Yellow Flower Trading LLC (YFT) have filed separate appeals concerning YFT’s claim, which was previously dismissed by the Dubai Court. Page Industries appealed on jurisdictional grounds, while YFT challenged the dismissal of the case. The company has committed to disclosing further material developments as required.

- Board Meeting on November 12, 2026, to approve Q2 FY2026-27 results and potentially declare a second interim dividend; record date for dividend is November 18, 2026.
- Investor/Analyst Call scheduled for November 12, 2026, at 4:00 PM to discuss quarterly results.
- Appointment of Arjun Sunil Makhecha as Company Secretary & Compliance Officer effective October 14, 2026.
- Shareholding pattern as of September 30, 2026: Promoters/PPG at 42.89%, Public at 57.11%.
- Legal update: Both Page Industries and YFT have filed separate appeals regarding a dispute dismissed by the Dubai Court; Page Industries appealed on jurisdiction.

- [Financial Results/Dividend |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/PAGEIND_30102026152121_BMINTIMATION12NOV2026.pdf)
- [Page Industries Limited has informed the Exchange that Record date for the purpose of Dividend is 18-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/PAGEIND_30102026152951_BMINTIMATION12NOV2026.pdf)
- [PAGE INDUSTRIES LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Dividend. |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2552_WebXMLFile_20261030_155000640.xml)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2552_WebXMLFile_20261030_155000640.xml)
- [Page Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/PAGEIND_30102026170831_REG74DP30092026.pdf)
- [Page Industries Limited has informed the Exchange about General Updates |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/PAGEIND_26102026175018_YFTUPDATE26OCT2026.pdf)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 42.89 | PUBLIC_VAL: 57.11 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 20-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1742311_20102026042929_WEB.xml)
- [Page Industries Limited has informed the Exchange regarding Appointment of Arjun Sunil Makhecha as Company Secretary & Compliance Officer of the company w.e.f. October 14, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/PAGEIND_14102026151352_CSAPPOINTMENT14OCT2026.pdf)
- [PAGE INDUSTRIES LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2552_WebXMLFile_20261014_151616005.xml)
- [PAGE INDUSTRIES LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2552_WebXMLFile_20261014_151853026.xml)

### Fundamentals

Page Industries demonstrates a transition from aggressive capacity expansion to operational maturity, evidenced by the near-complete absorption of capital work-in-progress (CWIP) into fixed assets. While long-term profitability metrics remain robust—with Return on Equity at 54% for the last year and ROCE rising to 64% in Mar 2026—recent quarterly results indicate a deceleration in growth momentum. Revenue from operations declined sequentially from ₹1,386.76 crore in Q3 FY2025-26 to ₹1,252.60 crore in Q4, accompanied by a drop in net profit from ₹189.54 crore to ₹178.73 crore. This sequential slowdown contrasts with the TTM sales growth of 8% and profit growth of 2%, suggesting that while the company continues to expand over the trailing twelve months, recent quarters have faced headwinds or seasonal variations. Cash flow quality remains a key strength, with CFO/EBITDA historically high, though it moderated to 92% in Mar 2026. The balance sheet shows increased borrowings (₹277 crore in Mar 2026 vs ₹185 crore in Mar 2024), likely funding the asset base expansion, yet interest costs remain manageable relative to operating profits.

- Capacity maturation: CWIP collapsed from ₹239 crore (Mar 2024) to ₹1 crore (Mar 2026), while Fixed Assets grew to ₹871 crore, signaling the end of major capex cycles and potential for improved depreciation leverage.
- Recent deceleration: Q4 FY2025-26 revenue fell to ₹1,252.60 crore (from ₹1,386.76 crore in Q3) and net profit dropped to ₹178.73 crore (from ₹189.54 crore), indicating a short-term growth pause despite TTM sales growth of 8%.
- Strong returns: ROCE improved to 64% in Mar 2026 (from 45% in Mar 2024) and ROE stood at 54% for the last year, reflecting efficient capital utilization even as borrowings rose to ₹277 crore.
- Cash conversion moderation: CFO/EBITDA ratio declined to 92% in Mar 2026 from 147% in Mar 2024, warranting monitoring of working capital efficiency as inventory days increased to 178.

### Bear Case

Technical indicators for Page Industries (NSE) as of 6 November 2026 present a broadly cautious setup, with bearish momentum prevailing across daily, weekly, and monthly timeframes. The stock closed at ₹35,930, down from its recent high of ₹41,449, reflecting a current drawdown of -27.3% and a maximum historical drawdown of -38.9%. Momentum oscillators confirm weakening trend strength: the daily ADX stands at 20.38, while the Minus DI (23.38) exceeds the Plus DI (21.78), signaling dominant selling pressure. On the monthly chart, the bearish bias is more pronounced, with the Minus DI at 24.28 significantly outpacing the Plus DI at 15.14.

Price action shows limited upside resilience. Immediate resistance sits just 0.14% above the current price at ₹35,980, with further hurdles at ₹36,440 (+1.42%) and ₹36,680 (+2.09%). Conversely, support levels are closely clustered below, starting at ₹35,740 (-0.53%) and extending to ₹35,040 (-2.48%), suggesting that downside moves could encounter thin liquidity before finding deeper footing. Volatility remains elevated, with annualized volatility at +24.9% and an ATR of 2.45%, indicating persistent price swings. While year-to-date returns are marginally positive at +0.8%, the one-year return is -9.6%, and the six-month return has declined by -4.3%, underscoring a medium-term deterioration in price performance.

- Bearish technical dominance confirmed across daily, weekly, and monthly charts, with Minus DI exceeding Plus DI on both daily (23.38 vs 21.78) and monthly (24.28 vs 15.14) timeframes.
- Significant price erosion observed, with a current drawdown of -27.3% from peak levels and a one-year return of -9.6%, despite a marginal YTD gain of +0.8%.
- Tight resistance cluster near current price (₹35,980, +0.14%) limits immediate upside potential, while support levels are densely packed between ₹35,040 and ₹35,740.
- Elevated volatility metrics, including annualized volatility of +24.9% and an ATR of 2.45%, suggest continued price instability and risk of sharp movements.

- [Financial Results/Dividend |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/PAGEIND_30102026152121_BMINTIMATION12NOV2026.pdf)
- [Page Industries Limited has informed the Exchange that Record date for the purpose of Dividend is 18-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/PAGEIND_30102026152951_BMINTIMATION12NOV2026.pdf)
- [PAGE INDUSTRIES LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Dividend. |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2552_WebXMLFile_20261030_155000640.xml)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2552_WebXMLFile_20261030_155000640.xml)
- [Page Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/PAGEIND_30102026170831_REG74DP30092026.pdf)
- [Page Industries Limited has informed the Exchange about General Updates |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/PAGEIND_26102026175018_YFTUPDATE26OCT2026.pdf)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 42.89 | PUBLIC_VAL: 57.11 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 20-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1742311_20102026042929_WEB.xml)
- [Page Industries Limited has informed the Exchange regarding Appointment of Arjun Sunil Makhecha as Company Secretary & Compliance Officer of the company w.e.f. October 14, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/PAGEIND_14102026151352_CSAPPOINTMENT14OCT2026.pdf)
- [PAGE INDUSTRIES LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2552_WebXMLFile_20261014_151616005.xml)
- [PAGE INDUSTRIES LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2552_WebXMLFile_20261014_151853026.xml)

### FAQs

**What corporate actions is Page Industries undertaking in November 2026?**

The Board of Directors will meet on 12 November 2026 to consider Unaudited Financial Results for Q2 (ended 30 September 2026) and the Half-Yearly results for the period ended September 2026. The Board will also consider declaring a second interim dividend for FY 2026-27. If declared, the record date is set for 18 November 2026.

**How has Page Industries' stock performed over different time horizons as of 6 November 2026?**

As of 6 November 2026, the stock closed at ₹35,930. It gained +1.2% over one day and +6.2% over ten days, but declined -5.4% over one month and -10.3% over three months. Year-to-date return is +0.8%, while the one-year return is -9.6%. The stock has seen a maximum drawdown of -38.9% historically.

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

Immediate support sits at ₹35,740 (pivot), with further levels at ₹35,280 and ₹35,040. Resistance is identified at ₹35,980 (0.14% above current price), followed by ₹36,440 and ₹36,680. Technical indicators show a bearish Supertrend direction across daily, weekly, and monthly timeframes.

- [Financial Results/Dividend |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/PAGEIND_30102026152121_BMINTIMATION12NOV2026.pdf)
- [Page Industries Limited has informed the Exchange that Record date for the purpose of Dividend is 18-Nov-2026. |SUBJECT: Record Date](https://nsearchives.nseindia.com/corporate/PAGEIND_30102026152951_BMINTIMATION12NOV2026.pdf)
- [PAGE INDUSTRIES LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Dividend. |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2552_WebXMLFile_20261030_155000640.xml)
- [Board Meeting Intimation |Meeting Date: 12-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2552_WebXMLFile_20261030_155000640.xml)
- [Page Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/PAGEIND_30102026170831_REG74DP30092026.pdf)
- [Page Industries Limited has informed the Exchange about General Updates |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/PAGEIND_26102026175018_YFTUPDATE26OCT2026.pdf)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 42.89 | PUBLIC_VAL: 57.11 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 20-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1742311_20102026042929_WEB.xml)
- [Page Industries Limited has informed the Exchange regarding Appointment of Arjun Sunil Makhecha as Company Secretary & Compliance Officer of the company w.e.f. October 14, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/PAGEIND_14102026151352_CSAPPOINTMENT14OCT2026.pdf)
- [PAGE INDUSTRIES LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2552_WebXMLFile_20261014_151616005.xml)
- [PAGE INDUSTRIES LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2552_WebXMLFile_20261014_151853026.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹35,740
- Risk regime: Price Risk Requires Attention

### Support levels
- 35224.375
- 34720
- 33813.75

### Resistance levels
- 41449.375
- 42225
- 44300

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.15% |
| return_10 | +6.21% |
| return_1m | -5.37% |
| return_1y | -9.63% |
| return_20 | -1.43% |
| return_3m | -10.29% |
| return_5 | +4.14% |
| return_6m | -4.29% |
| return_since_start | -24.81% |
| return_ytd | +0.80% |

### 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 | +24.87% |

## 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

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +42.89%
- FII holding: +18.91%
- DII holding: +32.93%
- Mutual fund holding: +23.70%
- Retail holding: +3.65%
- Promoter pledged: +0.00%

### Major reported shareholders

- Ramesh Genomal — +14.29%
- Sunder Genomal — +11.23%
- SBI Equity Hybrid Fund — +9.00%
- ICICI Prudential Multi-Asset Fund — +5.76%
- Sanjeev Naraindas Genomal — +4.86%
- Nalanda India Fund Limited — +4.81%
- NPS Trust- A/C Sbi Pension Fund Scheme - State Govt — +3.54%
- Sadhna Vijay Hirdaramani — +3.43%
- Simran Keshav Mahtani — +3.43%
- Dharmesh Naraindas Genomal — +2.57%

## Official filings

- 2026-11-06 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_06112026190020_INVESTORCALLQ2FY27.pdf)
- 2026-10-30 — Board Meeting Notice: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_30102026152121_BMINTIMATION12NOV2026.pdf)
- 2026-10-30 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_30102026152951_BMINTIMATION12NOV2026.pdf)
- 2026-10-30 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2552_WebXMLFile_20261030_155000640.xml)
- 2026-10-30 — Board Meeting Notice: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_2552_WebXMLFile_20261030_155000640.xml)
- 2026-10-30 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_30102026170831_REG74DP30092026.pdf)
- 2026-10-26 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_26102026175018_YFTUPDATE26OCT2026.pdf)
- 2026-10-20 — Shareholding Disclosure: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1742311_20102026042929_WEB.xml)
- 2026-10-14 — Management Change: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_14102026151352_CSAPPOINTMENT14OCT2026.pdf)
- 2026-10-14 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2552_WebXMLFile_20261014_151616005.xml)
- 2026-10-14 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2552_WebXMLFile_20261014_151853026.xml)
- 2026-09-28 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_28092026173626_TRADINGWINDOWQ2FY27.pdf)
- 2026-09-28 — Generic Announcement: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_2552_WebXMLFile_20260928_173814379.xml)
- 2026-09-21 — Litigation Disclosure: Page Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PAGEIND_21092026165738_YFTUPDATE.pdf)
- 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)

## News and market events

- 2026-10-08 — Mint: **Apparel makers seek cheaper labour, subsidies in India’s newer hubs | Mint** — India’s apparel makers are moving east, chasing cheaper labour, better worker availability and state incentives. Can Odisha, Bihar, Jharkhand and Madhya Pradesh emerge as the country’s next garment hubs? — [Source](https://www.livemint.com/industry/apparel-industry-garment-manufacturing-textiles-labour-costs-labour-shortage-11791373737806.html)
- 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

- [K.P.R. Mill Limited (Textiles)](https://faxioms.com/stocks/kprmill) — +0.06%
- [Welspun Living Limited (Textiles)](https://faxioms.com/stocks/welspunliv) — -4.63%
- [SWAN CORP LIMITED (Textiles)](https://faxioms.com/stocks/swancorp) — -3.03%
- [Trident Limited (Textiles)](https://faxioms.com/stocks/trident) — +0.38%
- [Vardhman Textiles Limited (Textiles)](https://faxioms.com/stocks/vtl) — -4.66%

## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

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