- Phoenix Mills reported a net income of 3.27 billion rupees in 4Q, registering a 29% growth year-on-year (y/y), surpassing the estimated 2.46 billion rupees.
- The reported revenue stood at 13.1 billion rupees, reflecting an 80% y/y spike, which outperformed the projected 9 billion rupees.
- The company experienced a surge in total costs by 86% y/y to 8.54 billion rupees.
- The finance cost inculcated amounted to 995.5 million rupees, marking a rise of 2.5% y/y, which was slightly lower than the estimated 1 billion rupees.
- A dividend of 5 rupees per share was declared.
- The company announced Kailash B Gupta as the new CFO.
- The stock currently holds 12 buy ratings, 4 hold ratings, and 2 sell ratings.
- These results and comparisons are based on the values reported from the company’s original disclosures.
A look at Phoenix Mills Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| 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., engaged in owning, managing, and developing large-format retail-led mixed-use properties, has a bright long-term outlook. With a high Growth score of 5 and strong Momentum score of 5, the company is poised for significant expansion and sustained performance in the future. The company’s focus on developing properties that blend shopping, entertainment, commercial, residential, and hospitality spaces positions it well for long-term success.
Despite moderate scores in Value and Dividend at 2 each, Phoenix Mills demonstrates resilience with a score of 3, indicating its ability to weather market fluctuations. This, combined with its impressive Growth and Momentum scores, suggests that the company is well-equipped to capitalize on opportunities and navigate challenges, making it an attractive prospect for investors seeking long-term growth potential.
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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