Page Industries Ltd

Fortune 500 2024
+ 10 More
+ 10 More
OVERVIEW
FINANCIALS

About

Page Industries is a manufacturing, marketing, distribution, and retail company committed to creating world-class brands. It is associated with the manufacturing, distribution, and marketing of the Jockey brand as its exclusive licensee in India. In fact, the company was set up in 1994 and began operations in 1995 with the objective of bringing the Jockey brand to India. Page Industries is the exclusive licensee of Speedo International Ltd. as well. Through these two brands, Page Industries is involved in the manufacturing, distribution, and marketing of products like thermals, underwear, socks, activewear, sportswear, and sleepwear. Page has 15 manufacturing complexes across India in Bangalore, Hassan, Mysore, Gowribidanur, Tiptur, and Tirupur. Its distribution network consists of more than 50,000 retail outlets in approximately 1,800 cities and towns all over India.

Incorporation Year: 1994
Headquarters: Bangalore
Top Management: Sunder Genomal/ VS Ganesh
Industry: Textiles & Garments

Featured In Fortune India Ranking

Fortune 500 India
#465(2024)
#365(2023)
#374(2022)
#410(2021)
#368(2020)
#390(2019)
#433(2018)
#435(2017)
#478(2016)
#465(2024)#365(2023)#374(2022)#410(2021)#368(2020)#390(2019)#433(2018)#435(2017)#478(2016)
Ranking Trend Fortune 500 India
Next 500 India
#21(2016)#161(2015)
#21(2016)#161(2015)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
4,506
(INR Cr)
Net Operating Income
4,825
(INR Cr)
Assets
1,787
(INR Cr)
Profit
569
(INR Cr)
Net Worth
1,597
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
4506
-20.8%
5687
34.6%
4224
59.1%
2656
-10.1%
2953
-3.2%
3049
21.5%
2509
11.6%
2249
19.5%
1883
16.0%
1623
29.5%
1253
38.0%
908
28.7%
706
27.8%
552
55.6%
355
31.3%
270
-
Net Operating Income
(INR Cr)
4825
-2.05%
4926
22.52%
4021
41.92%
2833
-3.82%
2946
3.27%
2852
11.79%
2551
19.87%
2129
18.54%
1796
16.34%
1543
29.95%
1188
35.53%
876
25.81%
697
41.70%
492
41.77%
347
36.16%
255
32.39%
Profit
(INR Cr)
569
-0.4%
571
6.5%
537
57.5%
341
-0.8%
343
-12.9%
394
13.5%
347
30.3%
266
15.0%
232
18.1%
196
27.5%
154
36.7%
113
25.1%
90
53.7%
59
47.8%
40
25.2%
32
-
Assets
(INR Cr)
1787
0.2%
1784
47.9%
1206
18.2%
1020
1.5%
1005
15.7%
869
-6.4%
929
21.4%
765
21.0%
632
1.6%
623
20.1%
518
48.3%
349
28.6%
272
4.4%
260
69.3%
154
19.5%
129
-
Net Worth
(INR Cr)
1597
16.5%
1371
25.9%
1089
23.0%
885
7.9%
820
5.8%
775
-8.5%
847
27.3%
666
25.7%
530
37.0%
387
33.8%
289
35.4%
214
28.8%
166
34.0%
124
25.0%
99
14.1%
87
12.2%
Employee Cost
(INR Cr)
804
-9.2%
885
22.9%
720
27.7%
564
6.0%
532
13.9%
467
14.8%
407
8.2%
376
20.1%
313
20.9%
259
37.4%
188
31.0%
144
27.4%
113
25.7%
90
54.3%
58
38.2%
42
-
Interest Cost
(INR Cr)
45413430341718191918151210744
Cash & Bank Balance
(INR Cr)
3218283435117446721943533310
Total Debt
(INR Cr)
18540611012717685698895157163101761155542

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 12.6%10.1%12.7%12.8%11.6%12.9%13.8%11.8%12.3%12.1%12.3%12.4%12.8%10.6%11.2%11.7%
Profit As % Of Assets 31.9%32.0%44.5%33.4%34.1%45.3%37.4%34.8%36.6%31.5%29.7%32.2%33.1%22.5%25.8%24.6%
Profit As % Of Networth 35.6%41.7%49.3%38.5%41.9%50.8%41.0%40.0%43.7%50.7%53.2%52.7%54.3%47.3%40.0%36.4%
Interest Cost to EBITDA % 5.2%4.8%4.3%5.8%6.5%2.8%3.3%4.7%5.0%5.5%6.0%6.7%6.7%7.4%6.3%8.0%
Debt to Equity Ratio 0.120.300.100.140.220.110.080.130.180.410.560.470.460.930.550.48
RONW 38.4%46.5%54.4%40.0%43.0%48.6%45.9%44.5%50.5%58.0%61.2%59.3%62.2%52.6%42.6%38.5%
ROCE 44.9%53.5%66.7%47.8%53.0%69.3%63.2%59.3%57.7%54.5%57.3%57.2%54.2%45.7%44.3%41.9%