This quality stock with superlative results is trending today
Page Industries delivered strong Q4 results.
Shares of Page Industries Ltd opened gap up today at Rs 43150, against the previous close of Rs 41778.3. At 12.31 pm, the stock is trading 6.48% up for the day at Rs 44365. The company's impressive Q4 results, which were announced yesterday were the main trigger to help the stock significantly gain today. The stock also touched the Rs 45175.90 at one point of the day.
The company's Q4 sales number was reported at Rs 1,111.11 crore with 26.15% YOY growth. The net profit for the company significantly rose by 64.87% to Rs 190.52 crore, as against Rs 115.56 in Q4 FY21. The company reported strong growth in net profit margin on YOY basis. The company's net profit margin for Q4 was 17.15%, as against 13.12% in Q4 FY21. Company also experienced YOY volume growth of 8.7%. The management highlighted that the company will continue experiencing volume growth for the FY22-2030 period. For FY22, EPS stood at Rs 481.03 per share, a rise of 57.54% from its FY21 figure.
The company has a 49.28% ROE for FY22 period ending. The stock is trading at an 86.62x PE and an EV/EBITDA of 59.39x. The company is debt-free and has delivered a strong 10-year median sales growth of 18.54%. The company has a market capitalization of Rs 49,460.74 crore. The stock has a 52-week high of Rs 46705 and a 52-week low of Rs 29130.4.
Page Industries Limited was incorporated in 1995 and it belongs to the Garments and Apparels Industry. It manufactures, distributes, and does marketing for JOCKEY International Inc in India, Bangladesh, Nepal, UAE and Sri Lanka under exclusive license rights. The company also has exclusive license rights for manufacturing, distribution, and marketing for Speedo International Limited for the Speedo brand in India.
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