- Page Industries reported a net income of 1.5 billion rupees in the second quarter.
- There was a decrease of 7.4% in net income compared to the previous year.
- The estimated net income was higher at 1.56 billion rupees.
- The revenue for the quarter was 11.3 billion rupees, showing a decline of 8.1% year on year.
- Revenue was estimated to be higher at 12.31 billion rupees.
- Total costs for the quarter were 9.27 billion rupees, down by 9.1% compared to the previous year.
- Raw material costs accounted for 3.04 billion rupees, a decline of 20% year on year.
- Other income was reported at 16.7 million rupees, a decrease of 37% year on year.
- The company declared a dividend per share of 75 rupees.
- The company’s performance was rated as 9 buys, 6 holds, and 8 sells.
- All comparisons to past results are based on values reported by the company’s original disclosures.
A look at Page Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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 Limited has a long-term outlook that looks promising. The company develops, produces, and distributes branded underwear for men, women, and children in India and Sri Lanka. According to Smartkarma Smart Scores, Page Industries has a value score of 2, a dividend score of 3, a growth score of 4, a resilience score of 3, and a momentum score of 3. All of these scores indicate that Page Industries has a positive outlook for the long-term.
The value score of 2 is an indication that Page Industries is undervalued, meaning that investors can purchase shares in the company at a lower price than the estimated worth. The dividend score of 3 indicates that the company has moderate returns on investments. The growth score of 4 suggests the company is growing and has potential for further growth in the future. The resilience score of 3 indicates that the company is capable of managing risks and is likely to remain stable in the long-term. Lastly, the momentum score of 3 indicates that the company is consistent and has the potential to continue to grow.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
