- Page Industries reported a net income of 1.95 billion rupees for the second quarter, matching last year’s figure but missing the estimated 2.06 billion rupees.
- The company’s revenue stood at 12.9 billion rupees, which is a 3.2% increase compared to the previous year but below the estimated 13.18 billion rupees.
- Total costs increased by 5.2% year-over-year, reaching 10.5 billion rupees.
- Raw material costs saw a significant rise of 17%, totaling 3.23 billion rupees, but came in well below the estimate of 4.63 billion rupees.
- Page Industries reported other income of 194.9 million rupees, marking a 34% increase from the previous year.
- The company declared a dividend of 125 rupees per share.
- After the profit report missed estimates, Indian shares erased gains and fell by 1%.
- Analyst ratings for Page Industries include 10 buys, 5 holds, and 10 sells.
A look at Page Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Page Industries, a company known for developing and distributing branded underwear in India and Sri Lanka, has received varying Smart Scores across different factors. With a top score of 5 in the Dividend category, investors can expect stable and potentially lucrative returns from dividends. This high score indicates that the company is committed to rewarding its shareholders through regular dividend payments.
Looking at other factors, Page Industries received a Growth score of 3, showing a moderate outlook for future expansion and revenue. Additionally, scores of 2 in both Value and Momentum suggest mixed signals in terms of the company’s overall performance and market sentiment. However, a Resilience score of 4 reveals that Page Industries has shown strength and durability in navigating challenges, indicating a solid foundation for long-term sustainability. Investors may want to keep an eye on how these factors develop to better understand the company’s long-term prospects.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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