Moneycontrol PRO
Open App

Page Industries: Has the innerwear giant’s growth journey resumed?

With operating leverage and improving efficiency measures, Page Industries is confident of maintaining the historical average margins of 21-22 percent

February 15, 2021 / 04:35 PM IST
Page Industries: Has the innerwear giant’s growth journey resumed?

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

Page Industries Limited (Page) (CMP: Rs 30,670 Market cap: Rs 34,209 crore) posted better-than-expected Q3 results with the company returning to a strong double-digit growth trajectory after a gap of four to five quarters. Healthy volume growth due to further opening up of the network, price hikes coupled with margin improvement due to better mix and cost control boosted earnings. With management focus on gaining foothold in the rural areas, strong outlook for athleisure segment and new growth avenues...

  • PRO Panorama

    Moneycontrol Pro Panorama | Gas trouble brews, MPC’s job has just got tougher

    Sep 28, 2022 / 04:09 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Indian markets remain optimistic, Gold prices touch a record low, HAL is back on track, RBI support to INR, and more

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender | Fighting the Fed 

    Sep 3, 2022 / 10:06 AM IST

    India is bracing for the ripple effect of the frontloading of rate hikes by the US Fed. The question is, can it have the last laugh

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers