The Phoenix Mills Limited share price
NSE: PHOENIXLTD · ISIN INE211B01039
Key numbers
- Market cap
- ₹ 70,763 Cr
- Current price
- ₹ 1,978.40
- 52-week high / low
- ₹ 2,170 / 1,466
- Stock P/E
- 55.1
- Book value
- ₹ 307.3
- Dividend yield
- 0.13%
- ROCE
- 15.4%
- ROE
- 11.4%
- Debt to equity
- 0.48
- Sales growth (3 yrs)
- 18.4%
- Profit growth (3 yrs)
- -2.9%
- 1-year return
- 20.8%
About The Phoenix Mills Limited
The Phoenix Mills Limited engages in the operation and management of malls, construction of commercial and residential properties, and hotel business in India. The company operates in three segments, Property and Related Services, Hospitality, and Residential Business. Its real estate asset portfolio consists of retail mall, commercial office, residential, and hospitality projects located in Mumbai, Chennai, Bengaluru, Pune, Kolkata, Lucknow, Bareilly, Agra, Ahmedabad, Indore, Surat, Chandigarh, Thane, and Coimbatore. The company owns and operates hotels under The St. Regis name; Courtyard by Marriott brand name in Agra; and various restaurants in Mumbai and Agra. It operates malls primarily under the Phoenix Palladium, Phoenix MarketCity, Palladium, Phoenix United, Phoenix Palassio, Phoenix Paragon, Phoenix Citadel, Phoenix Grand Victoria, Phoenix Mall of Asia, and Phoenix Mall of the Millennium brand names. The Phoenix Mills Limited was incorporated in 1905 and is based in Mumbai, India.
Quarterly results
Consolidated figures in ₹ crores
| Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 1,016 | 953 | 1,121 | 1,233 | 1,075 |
| Operating profit | 560 | 564 | 656 | 750 | 642 |
| Net profit | 269 | 241 | 276 | 403 | 297 |
| EPS (₹) | 7.60 | 6.73 | 7.71 | 11.39 | 8.30 |
Concall summary (2026-08-03)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- Several of our developments and expansions are expected to become operational through 2027 and mid -2028, while our recently completed offices continue to move steadily towards higher occupancy and billing.
- Based on the leasing achieved and the discussions currently underway, we have clear visibility and confidence for leased occupancy at Phoenix Asia Towers and One National Park in Chennai to also progress towards 90% by the end of FY27.
Growth & demand
- 1 ,075 crores and operating EBITDA grew 14% to Rs.
- Our core revenue, that is revenue from our annuity businesses, grew 17% year-on-year to Rs.
Margins & costs
- 1,033 crores, while EBITDA increased 19% year-on-year to Rs.
- 594 crores, increasing by 17% year-on-year, while EBITDA stood at Rs.
Capex & expansion
- Our expansion projects at Phoenix Palladium and Phoenix MarketCity Bangalore Phase-2 are already more than 50% leased.
- 771 crore has been deployed towards the land acquisition and development rights.
Balance sheet & cash
- Turning to the cash generation which once again remained strong: Operating free cash flow grew 20% to Rs.
- 2,000 crore as cash in our balance sheet and net debt to EBITDA remained as conservative at 1.3x.
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