Page Industries (PAGEIND) investor relations material

Executive summary

• Achieved 7.9% year-over-year revenue growth in Q1 FY27, driven by strong volume momentum and broad-based consumer demand across exclusive brand stores, e-commerce, and retail network, despite temporary logistics and manpower constraints.

• New product launches, including JKY Groove and licensed merchandise collaborations with Disney and Marvel, received positive market response and supported growth momentum.

• Strategic focus on productivity, operational efficiency, and digital transformation initiatives such as ERP, distribution management, HRMS, and consumer data platform.

• Expansion of manufacturing capacity at Odisha and KR Pet is on track, enhancing operational efficiency.

• Unaudited financial results for the quarter ended June 30, 2026, were approved and released on August 13, 2026.

Financial highlights

• Q1 FY27 revenue: INR 14,204 million (Rs. 142,044.53 lakhs), up 7.9% year-over-year.

• Sales volume: 61.9 million pieces, up 5.7% year-over-year.

• EBITDA: INR 2,890 million, down 1.9% year-over-year; EBITDA margin at 20.3%.

• Profit after tax: INR 1,928 million (Rs. 19,280.62 lakhs), down 4% year-over-year.

• Interim dividend of Rs. 200 per equity share declared, with payment by September 11, 2026.

Outlook and guidance

• Management remains confident in achieving double-digit volume growth for FY27, with above-average growth expected in the next three quarters to compensate for Q1 shortfall.

• EBITDA margin guidance maintained at 19%-21% for the full year, assuming input costs remain stable.

• Price increases taken in May (2.2% weighted average) will be fully realized in Q2, supporting margin recovery.

• Revenue target of INR 8,000 crore by FY28-29, with ongoing focus on sustainable and profitable growth.

• The company continues to monitor the impact of the New Labour Codes and will account for any further implications as per applicable standards.