- Phoenix Mills‘ net income for Q4 was 2.69 billion rupees, an 18% decrease compared to the previous year and fell short of the estimated 2.93 billion rupees.
- Revenue figures were reported at 10.16 billion rupees, indicating a 22% drop from the previous year and below the estimated 11.9 billion rupees.
- Total costs amounted to 6.41 billion rupees, reflecting a 25% decrease year-on-year.
- Finance costs stood at 941.2 million rupees, a 5.5% reduction from the previous year and slightly below the forecast of 1 billion rupees.
- The company announced a dividend per share of 2.50 rupees.
- Analyst ratings consist of 12 buy recommendations, 5 hold ratings, and 1 sell recommendation.
A look at Phoenix Mills Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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
Phoenix Mills Ltd. continues to show promising long-term potential based on the Smartkarma Smart Scores. With top scores in Growth, Resilience, and Momentum, the company is positioned for strong future performance. The Growth score of 5 highlights the company’s potential for expansion and increasing revenues over time. Coupled with a Resilience score of 4, indicating the company’s ability to weather economic downturns, and a Momentum score of 4, reflecting the company’s positive market momentum, Phoenix Mills appears well-equipped for sustained success in the years to come.
As an organization engaged in the ownership, management, and development of large-format retail-led mixed-use properties, Phoenix Mills Ltd. stands out for its diverse portfolio that includes shopping, entertainment, commercial, residential, and hospitality properties. Notably, the company’s ownership and operation of the renowned High Street Phoenix Center in Mumbai showcase its strong presence in key markets. With a balanced mix of capabilities and a solid overall outlook based on the Smartkarma Smart Scores, Phoenix Mills is poised to continue its growth and deliver value to stakeholders in the long run.
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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