Page Industries: A Textile Stock with Strong EBITDA Growth to Watch in 2025
Textile Stock : Page Industries Ltd, a leading midcap garment company, is catching investor attention with its strong financial growth and positive EBITDA margin guidance for FY25. As the exclusive licensee of JOCKEY International Inc. in India and other countries, the company has positioned itself as a dominant player in the premium innerwear and leisurewear market. With a double-digit EBITDA margin projection of 19-21%, Page Industries is an attractive stock to add to your watchlist.
Stock Performance & Price Action
On Wednesday, Page Industries Ltd opened at ₹42,399 per share, up from the previous close of ₹42,006. With a market capitalization of ₹47,235 crore, the company is a key player in the midcap segment. Investors are closely watching the stock, considering its potential for long-term value appreciation.
Manufacturing Strength
Page Industries has built a robust in-house manufacturing ecosystem, covering over 2.2 million sq. ft. across 16 manufacturing units in Karnataka and Tamil Nadu, with an upcoming facility in Odisha. More than 70% of its products are manufactured in-house, ensuring quality control and operational efficiency.
Strategic Growth & Expansion Plans
Page Industries is expanding its footprint through:
✅ Distribution Expansion – Increasing the number of Exclusive Brand Outlets (EBOs), Large Format Stores (LFS), and e-commerce channels.
✅ Brand-Building Investments – Enhancing brand awareness, product visibility, and consumer engagement.
✅ Sales & Marketing – More investments at the point of sale and in digital marketing strategies.
✅ Product Innovation – Strengthening R&D efforts in product development, automation, and digital transformation.
Strong EBITDA Margin Guidance for FY25
One of the key reasons investors are eyeing Page Industries is its strong EBITDA margin guidance. While the company’s current EBITDA margins exceed the 19-21% range, management has assured that this level of profitability can be sustained in FY25. The consistent EBITDA growth and strategic cost optimizations reinforce its profitability outlook.
Financial Performance Snapshot
Q3FY24 vs. Q3FY25
| Metric | Q3FY24 | Q3FY25 | YoY Growth |
|---|---|---|---|
| Revenue | ₹1,226 Cr | ₹1,313 Cr | 7.1% |
| EBITDA | ₹226 Cr | ₹302.5 Cr | 33.6% |
| Net Profit (PAT) | ₹152 Cr | ₹205 Cr | 34.3% |
These strong YoY numbers reflect robust demand for its premium innerwear and leisurewear products, further solidifying its growth trajectory.
Brokerage Target & Market Outlook
Leading brokerage firm Motilal Oswal has set a target price of ₹57,500 per share, indicating an upside potential of ~30%. The firm highlighted that JOCKEY’s mass-premium brand positioning offers significant growth potential, with an expected EPS CAGR of 17% between FY25-27.
Page Industries: Key Financial Ratios & Metrics
Here’s a detailed breakdown of Page Industries’ key financial ratios:
| Metric | Value |
|---|---|
| Market Cap | ₹48,108 Cr. |
| Current Price | ₹43,110 |
| 52-Week High/Low | ₹49,933 / ₹33,815 |
| Stock P/E | 71.4 |
| Book Value | ₹1,336 |
| Dividend Yield | 1.63% |
| ROCE (Return on Capital Employed) | 45.0% |
| ROE (Return on Equity) | 38.4% |
| Face Value | ₹10.0 |
| Promoter Holding | 42.9% |
| Price-to-Book Value | 32.3 |
| ROIC (Return on Invested Capital) | 41.1% |
| Debt-to-Equity Ratio | 0.14 |
| Pledged Percentage | 0.00% |
| Industry P/E | 30.9 |
| Graham Number | ₹4,260 |
| Intrinsic Value | ₹6,570 |
| RSI (Relative Strength Index) | 55.5 |
| EPS (Earnings Per Share) | ₹604 |
| Number of Equity Shares | 1.12 Cr |
| PEG Ratio | 8.82 |
| 200-Day Moving Average (DMA 200) | ₹42,712 |
| Free Cash Flow (3Yrs) | ₹1,049 Cr. |
| Free Cash Flow (5Yrs) | ₹2,174 Cr. |
| Debt | ₹207 Cr. |
| Return on Assets (ROA) | 21.2% |
These financial strengths reflect Page Industries’ strong profitability, solid balance sheet, and efficient capital utilization.
Why You Should Watch Page Industries Ltd?
📌 Industry Leadership – Market leader in premium innerwear & leisurewear.
📌 Strong Growth Outlook – Double-digit revenue & EBITDA growth potential.
📌 Premium Brand Positioning – Monopoly in JOCKEY and SPEEDO brands.
📌 Strong Financials – Healthy margins, low debt, and robust cash flows.
📌 Brokerage Confidence – ₹57,500 target price with a 30% upside.
With strong demand, strategic expansions, and a resilient business model, Page Industries is a must-watch stock in the textile sector.
FAQs (Quick Summary of Key Insights)
🔹 What does Page Industries do?
Page Industries is the exclusive licensee for JOCKEY and SPEEDO brands in India, focusing on premium innerwear and leisurewear.
🔹 What is the company’s EBITDA margin guidance for FY25?
Management expects 19-21% EBITDA margins, reinforcing its profitability outlook.
🔹 How did Page Industries perform financially in Q3FY25?
The company reported a 7.1% revenue growth, 33.6% EBITDA growth, and 34.3% PAT growth YoY.
🔹 What is the brokerage target for Page Industries?
Motilal Oswal has set a target price of ₹57,500 per share, indicating a 30% upside.
🔹 Should you invest in Page Industries?
With strong growth prospects, financial stability, and positive market sentiment, Page Industries is a top textile stock to watch in 2025.
Conclusion
With its strong brand presence, expansion strategies, and financial strength, Page Industries Ltd is a top stock to keep an eye on. If you’re looking for long-term value creation, this textile stock should definitely be on your watchlist.
Would you consider investing in Page Industries? Share your thoughts in the comments! 🚀📈
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.