The Phoenix Mills Ltd.
Snapshot View

884.60 +6.90 ▲0.8%

26 July 2021, 10:12:00 A.M.
Volume: 334

Overview View Details

Sector Realty Compare with Sector peers
Industry Construction - Real Estate Compare with Industry peers
Website http://www.thephoenixmills.com
Financial Indicators
Market Cap 15,092.66 Cr.
Earnings per share (EPS) 3.06 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 286.89 Trailing Twelve Months Ending 2021-03
Industry PE - Trailing Twelve Months Ending 2021-03
Book Value / Share 284.07 Trailing Twelve Months Ending 2021-03
Price to Book Value 3.09 Calculated using Price: 877.70
Dividend Yield 0.11 Period Ending 2020-03
No. of Shares Subscribed 17.20 Cr. 171,956,926 Shares
FaceValue 2
Company Profile

Incorporated in 1905, Phoenix Mills Ltd started as textile manufacturing company. It is engaged in property development business. The company has carved a niche for itself in the Indian real estate sector, be it mega retail malls, entertainment complexes, commercial spaces or hospitality units. The Company is a public limited company domiciled in India and is incorporated under the provisions of the Companies Act applicable in India. Its operations span across most aspects of real estate development; planning, execution, marketing, management, maintenance & sales. The group has real estate assets in Mumbai, Bengaluru, Chennai, Pune, Raipur, Agra, Indore, Lucknow, Bareilly & Ahmedabad and many other cites.

Business area of the company

Phoenix Mills is engaged in the development and leasing of commercial and retail space.

Business

  • Retail
  • Commercial
  • Hospitality
  • Residential

Awards

2018

  • Most admired shopping centre of the year - National
  • Shopping centre of the year Luxury
  • Shopping centre of the year Luxury West
  • Best Digital Marketing Campaign of the year - HSPWISHCIRCLE (Palladium)
  • Best Customer experience - shopping mall- Phoenix MarketCity, Mumbai
  • Best digital marketing campaign - HAUTESPRING
  • Shopping centre of the year west- Phoenix MarketCity, Mumbai
  • Popular Shopping Mall- Phoenix MarketCity, Mumbai
  • Popular F&B Destination of the City - Dublin Square- Phoenix MarketCity, Mumbai
  • Developer Website India- Residential Kessaku

2019

  • For Brand excellence in Retail & Real Estate Sector
  • Brand Excellence Awards
  • Best festive décor
  • Best Retail Estate Developer Shopping Malls (HSP and Palladium)- Phoenix Market City, Bangalore
  • Best Thematic Decoration Tallest Christmas Tree in the Country A Times Network 2018- The Time Trailblazers Award
  • Excellence and Leadership in Branding & Marketing Market Leadership Award
  • Most Luxurious Shopping Destination of the year (Palladium)- Phoenix MarketCity and Palladium Chennai
  • Best Shopping Mall (PMC Chennai)
  • Shopping Centre (Luxury) (Palladium Chennai)
  • Bengaluru Brand Summit & HOT Brands 2019- Residential Kessaku

2020

  • Most admired shopping centre of the year - marketing and consumer promotions
  • Shopping centre of the year
  • Most admired shopping centre of the year - Retailers Choice (Palladium)
  • Shopping centre of the year Luxury West (Palladium)
  • Best Retail Estate Developer Shopping Malls (HSP and Palladium)
  • Best IP of the year - Phoenix Festival Season 2
  • Most Admired Marketing Campaign of the Year - Holiday Land Most admired shopping centre of the year- Phoenix Market City, Bangalore

Milestones

  • 1905- The Phoenix Mills Limited commences operations as a textile manufacturing company on 17.3 acres land at Lower Parel in Mumbai, with the objective of manufacturing cotton textile goods.
  • 1959- The Phoenix Mills Limited, owned by the Ruia family, was listed on the Bombay Stock Exchange.
  • 1986- Made operational Phoenix House commercial centre.
  • 1987- The company entered into the growing real estate market where High Street Phoenix emerged as the most frequented destination in Mumbai.
  • 1996- Opened doors to The Bowling Co., India’s first bowling company with the largest 20-lane bowling concourse and gaming arcade, sports bar and night-club Fire & Ice, to add the crucial element of entertainment to the burgeoning HSP Complex.
  • 2001- Introduced India ‘s first hyper market concept with the launch of Big Bazaar’s first store at the High Street Phoenix, Mumbai, along with Food Bazaar. With this, HSP gradually emerged as a model for India in terms of retail-led development centres.
  • 2003- Launched Pantaloons and Lifestyle departmental stores within the HSP Complex, each covering approximately 50,000 sq. ft. of retail shopping.
  • 2004- The High Street Phoenix Complex announced the launch of a multi-levelled SkyZone with anchor stores of leading national and international brand retail outlets.
  • 2005- The Phoenix Group celebrated its centenary, 100 years of commencing operations as a textile mill in 1905. With a heritage lasting over 10 decades, the group is proudly credited with having catalysed a wave of shopping revolution in India.
  • 2006- Announced the launch of Palladium Hotel, a five-star luxury hotel, with a first-of-its-kind sky lobby. Set up a 7-screen multiplex within the HSP Complex at Lower Parel.
  • 2007- Announced development of four Phoenix Marketcity Malls in Pune, Bengaluru, Mumbai and Chennai.
  • 2009- Launched Palladium Mall, an architecturally designed first-of-its-kind super luxury premium and iconic mall in High Street Phoenix Complex, housing super luxury national and international brands. Launched East Court within the Phoenix Marketcity ecosystem in Pune, housing a blend of retail and commercial spaces.
  • 2011- Launched Phoenix MarketCity at Pune, located in close proximity to the emerging upper middle-income group residential areas. Launched Phoenix MarketCity at Whitefield, Bengaluru’s IT hub, and Phoenix Marketcity in Kurla, a mixed-use development asset in the eastern suburb of Mumbai, with over 300 national and international brands.
  • 2012- Launched Palladium Hotel, a five-star luxury hotel, nestled above the premium Palladium Mall within the High Street Phoenix Complex. Launched One Bangalore West at Bengaluru, with 30-storey high-rise towers combining luxury and comfort. Launched Art Guild House and Phoenix Paragon Plaza, state-of-the-art commercial complexes within Phoenix Marketcity, Mumbai.
  • 2013- Launched Phoenix Marketcity Mall at Velachery, Chennai, a mixed use asset with 300-plus stores and four-and-a-half levels of shopping area, marking the convergence of shopping, dining, entertainment, art, architecture and design.
  • 2014- HSP Complex clocked an average ticket size per customer of ` 700, as total footfalls jumped to 19.5 million. The monthly average footfall jumped to over 1.6 million vis-à-vis 1.4 million in the previous year.
  • 2015- Launched Courtyard by Marriott at Agra; exclusive luxury residential project at Bengaluru and operationalised 5 in-house F&B outlets at some of its retail assets.
  • 2016- The St. Regis, Mumbai, the premiere most brand in Starwood Hotels portfolio begins operations from Sept’15. PML raised Rs 2,830 mn via Qualified Institutional Placement (QIP) in July 2015.
  • 2017- Partnered with CPPIB to develop, own and operate retail-led mixed-use developments across India through its 100% subsidiary that houses Phoenix MarketCity, Bengaluru (ISMDPL). CPPIB to invest over Rs 16 Billion in ISMDPL.
  • 2018- Acquired two brownfield and three greenfield land parcels with estimated Retail GLA of 4.9 Msft and additional development potential of 2.8 Msft.
  • 2019- Growth of retail profile from 6.9 msf to 12 msf
  • 2020- Phoenix Palassio, Lucknow became operational in record time of 24 months from the acquisition date with Retail GLA of 0.9 msft.
  • 2020- Successfully raised Rs 11,000 mn of equity capital by the way of QIP from marquee investors

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.79%
1 Week
+1.54%
1 Month
+8.62%
3 Month
+13.32%
6 Month
+21.12%
1 Year
+50.34%
2 Year
+30.05%
5 Year
+145.86%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 5.14 4.70 10.63 5.12 4.44 9.11 8.48 14.65 9.95
Return on Capital Employed (%) 6.67 7.30 13.68 10.44 10.96 11.97 10.35 12.96 10.48
Return on Assets (%) 2.39 1.80 3.17 1.31 1.18 2.68 2.78 5.04 3.48

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 1,711 1,769 1,724 1,674 2,027 2,150 2,852 3,474 3,708
Non Curr. Liab. 1,493 1,783 3,036 3,037 3,592 3,329 3,302 3,478 3,560
Curr. Liab. 529 987 1,193 1,205 1,216 1,125 1,738 1,802 1,939
Minority Int. 357 425 722 621 479 280 466 1,223 1,279
Equity & Liab. 4,088 4,963 6,674 6,537 7,314 6,884 8,358 9,977 10,486
Non Curr. Assets 3,484 3,671 4,958 4,812 5,266 5,477 6,913 8,125 8,750
Curr. Assets 604 1,292 1,716 1,723 2,049 1,407 1,445 1,852 1,736
Misc. Exp. not W/O 2
Total Assets 4,088 4,963 6,674 6,537 7,314 6,884 8,358 9,977 10,486

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 395 470 1,449 1,653 1,780 1,825 1,620 1,982 1,941
Other Income 45 52 39 31 31 47 56 85 59
Total Income 439 522 1,488 1,685 1,810 1,872 1,675 2,067 2,000
Total Expenditure -183 -207 -770 -891 -992 -977 -841 -988 -974
PBIDT 256 315 718 794 818 895 834 1,079 1,026
Interest -95 -143 -345 -396 -443 -424 -349 -351 -348
Depreciation -56 -47 -105 -168 -177 -195 -198 -204 -208
Taxation -19 -43 -91 -49 -77 -86 -76 -110 -122
Exceptional Items -1 8 -94 -39 48 8
PAT 86 81 184 86 82 190 212 462 356

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 382 24 377 564 497 1,419 1,514 350 780
Cash Fr. Inv. -858 -481 -1,263 -102 -389 -354 -1,825 -1,394 -403
Cash Fr. Finan. 485 399 886 -455 -71 -1,108 277 1,053 -287
Net Change 9 -58 -1 7 38 -43 -33 9 90
Cash & Cash Eqvt 121 73 85 92 107 64 31 40 129

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 62.75 59.16 59.14 59.11 59.11 45.56 45.53 45.51 45.50
Public 37.25 40.83 40.86 40.89 40.89 54.44 54.47 54.49 54.50
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Phoenix Mills Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 20 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0110
Name of the Signatory :- Gajendra Mewara
Designation :- Company Secretary and Compliance Officer
Thu, 08 Jul 2021
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
This is with reference to our intimation dated July 02 2021 informing of the Allotment of 65 750 Equity Shares of face value of ? 2/- each pursuant to The Phoenix Mills Employees Stock Option Plan 2007.

Please note an inadvertent and typographical error has been noticed in the aforesaid intimation and accordingly the following information is being rectified through this erratum.

The date of passing of resolution by circulation by Compensation Committee of the Board of Directors of The Phoenix Mills Limited should be read as July 02 2021 instead of July 01 2021.

Except for the above mentioned change all other information as contained in earlier intimation dated July 02 2021 remains unchanged.

We would request you to take the above on record and regret the inconvenience caused.

This intimation is also being uploaded on the Companys website at https://www.thephoenixmills.com

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone

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