Page Industries Reports 14.1% Revenue Growth in Q4 FY26, Hitting Strong EBITDA Momentum
Page Industries Limited, India's leading apparel manufacturer, today announced its financial results for the fourth quarter and annual year ended March 31, 2026. The company reported robust growth, with revenue increasing by 14.1% year over year (YoY) in the quarter, while profitability metrics also saw healthy expansion.Financial Highlights for Q4 FY26
The company’s performance for the quarter ending March 31, 2026, showed significant volume growth alongside revenue increases.Key financial highlights for Q4 FY26 include:
- Sales Volume: Grew 10.8% YoY, amounting to 54.5 million pieces.
- Revenue: Reached Rs. 12,526 million, marking a 14.1% increase YoY.
- EBITDA: Stood at Rs. 2,605 million, reflecting a 10.7% YoY growth.
- Profit After Tax (PAT): Registered at Rs. 1,787 million, showing a 9% YoY growth.
Full Year Performance (FY26)
For the full fiscal year 2026, Page Industries demonstrated sustained growth across its key metrics. The company reported:| Financials (INR mn) | FY26 | % | YoY growth |
|---|---|---|---|
| Revenue | 52,468 | 6.3% | |
| EBITDA | 11,529 | 8.5% | |
| PAT | 7,638 | 4.8% |
The company also maintained a steady overall revenue trajectory, achieving Rs. 52,468 million, a 6.3% increase YoY. PAT for the year stood at Rs. 7,638 million, growing by 4.8% YoY.
Management Commentary and Outlook
Mr. V.S. Ganesh, Managing Director, Page Industries Limited, commented on the results, noting a "strong quarter marked by healthy growth in both revenue and profitability." He attributed the strengthening market position to efforts to continuously enrich product features and portfolio, combined with high standards of consumer experience. The robust volume-led revenue growth was supported by encouraging demand trends across all distribution channels.Regarding the future, the company expressed confidence in sustaining growth momentum, citing positive consumer sentiments, sustained retail modernization, and a resilient economy. Management noted that while inflationary pressures on key input costs, particularly cotton, remain, the company is positioned to manage these challenges through strategic sourcing initiatives, supply chain optimization, operational efficiencies, and calibrated pricing actions.
Company Overview and Market Presence
Page Industries is the exclusive licensee for Jockey International Inc. (USA) for the manufacture, distribution, and marketing of the JOCKEY® brand across multiple international markets, including India, Sri Lanka, Bangladesh, Nepal, Oman, Qatar, Maldives, Bhutan, UAE, and Saudi Arabia. The flagship Jockey brand is described as a market leader in premium innerwear and leisure wear.For the Speedo brand, the company is the exclusive licensee for manufacture, distribution, and marketing in India.
The operational scale of the business is highlighted by its manufacturing capabilities, which are spread over 2.9 million sq ft across 16 units. The retail network includes a presence in 2,731 cities and towns.
Operational and ESG Milestones
Page Industries showcased strong performance in ESG and sustainability, receiving several recognitions and achieving key targets:- Awards: The company was awarded the Outstanding Performance (Gold 4 Star Trophy) under the 'Workplace OHS&E Excellence Award' by the World Safety Organization (WSO), and also received the WRAP certification.
- Manufacturing Strength: The company maintains 64% in-house manufacturing capability across its 16 facilities, with the highest concentration of employees at Bangalore (6,615 employees).
- Sustainability Focus: The group reported achieving zero-waste to-landfill, confirmed by comprehensive traceability audits. Energy efficiency was a focus area, with the company achieving a 42% reduction in Scope 1 & 2 GHG intensity from the FY 2019-20 base year. The usage of renewable energy reached 33% of total consumption.
The financial performance and ESG commitments underscore the company's strategic focus on blending profitable growth with environmental and social stewardship.
PAGEIND Stock Price Movement
Today, shares of Page Industries Limited edged higher, settling at ₹38,320 after gaining 0.09% for the day. The stock saw notable trading activity, recording a total volume of 88,001 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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