- Page Industries reported a net income of 1.65 billion rupees for Q1 2024.
- The net income saw a year-over-year increase of 4.4% but missed the estimated target of 1.7 billion rupees.
- Total revenue for the quarter was 12.8 billion rupees, marking a 3.2% rise from the previous year.
- However, the revenue fell short of the market estimate, which was 13.09 billion rupees.
- Total costs incurred by the company were 10.7 billion rupees, up by 3.9% year-over-year.
- Raw material costs decreased significantly by 12% to 2.6 billion rupees.
- Analyst recommendations include 9 buys, 6 holds, and 8 sells for the stock.
A look at Page Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| 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
Page Industries Limited, a leading developer and distributor of branded underwear in India and Sri Lanka, has recently been analyzed using the Smartkarma Smart Scores framework. With a strong rating in Dividend, Resilience, and Momentum, the company shows promise in its long-term performance. A high score in Dividend indicates a stable payout that can attract investors seeking income, while Resilience and Momentum scores suggest the company’s ability to withstand challenges and maintain positive market traction.
Furthermore, Page Industries‘ moderate scores in Value and Growth highlight potential areas for improvement. While the company may not be currently undervalued, there is room for strategic growth opportunities to enhance its overall value proposition. Taking into consideration these Smart Scores, Page Industries seems well-positioned for sustainable growth and income generation in the future.
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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