The Phoenix Mills Key Ratios
NSE: PHOENIXLTD | BSE: 503100
₹1,930.00
As on 01-Oct-2026IST
Market cap
₹68,955 Cr
Revenue (TTM)
₹4,545 Cr
P/E Ratio
53.9
P/B Ratio
6.1
Div. Yield
0.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -12.83 | 12.80 | 17.67 | 16.50 | 32.38 |
| EBIT | -17.30 | 15.97 | 27.00 | 17.56 | 51.70 |
| Net Profit | -26.87 | 23.34 | 31.78 | 16.46 | 77.33 |
| EPS | -26.40 | 23.30 | 28.95 | 14.27 | 75.46 |
| Book Value | -- | -- | 5.18 | 9.50 | 16.02 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 49.17 | 46.68 | 51.75 | 51.48 | 48.11 |
| Net Margin
| 33.00 | 33.67 | 34.51 | 33.89 | 32.83 |
| Return on equity
| 14.18 | 13.31 | 11.91 | 14.53 | 13.10 |
| Return on Capital
| 14.79 | 13.61 | -- | 15.41 | 13.70 |
| Return on Assets
| 6.81 | 6.32 | 7.35 | 6.94 | 6.34 |
| Debt to Equity (x)
| -- | -- | 0.43 | 0.48 | 0.45 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
--
|
15.41
|
13.70
|
15.27
|
17.35
|
|
Peer Median
|
--
|
15.41
|
8.41
|
--
|
--
|
ROE
11.91
Higher than Peers by 9.08
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
11.91
|
14.53
|
13.10
|
14.92
|
19.74
|
|
Peer Median
|
2.83
|
14.51
|
2.29
|
--
|
--
|
ROA
7.35
Higher than Peers by 5.63
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
7.35
|
6.94
|
6.34
|
7.17
|
9.23
|
|
Peer Median
|
1.72
|
6.94
|
1.12
|
--
|
--
|
EBIT Margin
51.75
Higher than Peers by 38.57
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
51.75
|
51.48
|
48.11
|
47.93
|
48.94
|
|
Peer Median
|
13.19
|
39.44
|
8.87
|
--
|
--
|
Net Margin
34.51
Higher than Peers by 20.19
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
34.51
|
33.89
|
32.83
|
32.27
|
53.46
|
|
Peer Median
|
14.32
|
33.89
|
27.65
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
--
|
43.34
|
42.69
|
40.14
|
64.45
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
17.67
Higher than Peers by 8.16
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
17.67
|
15.98
|
-4.13
|
50.76
|
77.85
|
|
Peer Median
|
9.51
|
17.67
|
-3.14
|
--
|
--
|
EBIT Growth
27.00
Higher than Peers by 26.55
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
27.00
|
24.10
|
-3.77
|
47.67
|
135.44
|
|
Peer Median
|
0.45
|
4.71
|
4.23
|
--
|
--
|
Net Profit Growth
31.78
Higher than Peers by 27.29
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
31.78
|
19.60
|
-1.87
|
-9.93
|
493.78
|
|
Peer Median
|
4.49
|
24.64
|
-1.87
|
--
|
--
|
EPS Growth
28.95
Higher than Peers by 17.05
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
28.95
|
24.30
|
-10.49
|
-17.70
|
462.15
|
|
Peer Median
|
11.89
|
31.74
|
-17.75
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
--
|
5.21
|
10.71
|
12.85
|
27.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.43
Higher than Peers by 0.43
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
0.43
|
0.48
|
0.45
|
0.49
|
0.51
|
|
Peer Median
|
0.00
|
0.00
|
0.23
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
--
|
0.03
|
0.05
|
0.06
|
0.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.29
Lower than Peers by 2.55
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
1.29
|
1.29
|
1.14
|
1.54
|
1.32
|
|
Peer Median
|
3.84
|
3.62
|
3.12
|
--
|
--
|
Quick Ratio
0.97
Lower than Peers by 1.83
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
0.97
|
0.97
|
0.81
|
1.19
|
0.85
|
|
Peer Median
|
2.80
|
2.56
|
2.43
|
--
|
--
|
Interest Coverage
6.49
Higher than Peers by 0.35
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
6.49
|
6.25
|
4.96
|
5.15
|
5.90
|
|
Peer Median
|
6.14
|
17.24
|
5.15
|
--
|
--
|
Operating Efficiency
Debtors to sales
6.97
Higher than Peers by 4.08
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
6.97
|
7.16
|
6.04
|
6.79
|
9.03
|
|
Peer Median
|
2.89
|
2.03
|
6.04
|
--
|
--
|
Asset Turnover
0.20
Higher than Peers by 0.09
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
0.20
|
0.20
|
0.19
|
0.21
|
0.17
|
|
Peer Median
|
0.11
|
0.23
|
0.18
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
--
|
22.57
|
23.94
|
23.32
|
35.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
--
|
63.97
|
74.45
|
91.46
|
135.68
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
--
|
260.07
|
341.41
|
119.63
|
353.51
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
--
|
-173.53
|
-243.02
|
-4.85
|
-181.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
53.87
Higher than Peers by 19.24
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
53.87
|
43.98
|
59.55
|
22.52
|
8.70
|
|
Peer Median
|
34.63
|
34.63
|
46.69
|
--
|
--
|
Price / Book Value
6.06
Higher than Peers by 4.27
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
6.06
|
4.90
|
5.61
|
5.25
|
2.78
|
|
Peer Median
|
1.79
|
1.79
|
2.35
|
--
|
--
|
Dividend Yield
0.13
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
0.13
|
0.17
|
0.15
|
0.18
|
0.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
25.37
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
25.37
|
20.76
|
27.14
|
23.13
|
16.43
|
|
Peer Median
|
--
|
20.54
|
1.75
|
--
|
--
|
Market Cap
68,955
Higher than Peers by 68,570
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
The Phoenix Mills
|
68,955
|
53,830
|
58,607
|
49,513
|
23,239
|
|
Peer Median
|
385
|
385
|
339
|
--
|
--
|