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NSE Close — 25 Sep 2026
₹1,978.4
Change
+23.4 (1.2%)
Open
₹1,944.2
Prev. Close
₹1,955.0
Day High
₹1,990.6
Day Low
₹1,900.1
Volume Analysis
Traded
463,656
Delivered
260,151
Delivery %
56.11%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Strong operating margin (60.0%)
Weaknesses (0)
No signal for this stock
Opportunities (2)
- •Strong 3-year revenue growth (19.1%)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹2,103.14 | ₹2,046.87 | ₹2,012.64 | ₹1,956.37 | ₹1,922.14 | ₹1,865.87 | ₹1,831.64 |
| Fibonacci | ₹2,046.87 | ₹2,012.3 | ₹1,990.94 | ₹1,956.37 | ₹1,921.8 | ₹1,900.44 | ₹1,865.87 |
| Camarilla | ₹2,003.29 | ₹1,994.99 | ₹1,986.7 | ₹1,956.37 | ₹1,970.1 | ₹1,961.81 | ₹1,953.51 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+5.64%
1 Week
+2.56%
1 Month
+3.2%
3 Months
+1.53%
6 Months
+30.36%
1 Year
+28.43%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹486.18
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
14.1%
Net margin 35.86% × asset turnover 0.19x × equity multiplier 2.07x
Company Overview
Sector
Realty
Market Cap
₹70,763 Cr
P/E (TTM)
54.6
ROE
11.0%
Book Value
₹307.0
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.
TopFund Analysis
The Phoenix Mills Ltd holds up reasonably well on TopFund's composite fundamentals check within the Realty sector, at 69/100. The strongest factor is Financial Strength (89/100), while Valuation (10/100) is the weakest area to weigh before deciding. Notably: Strong operating margin (60.0%). Strong 3-year revenue growth (19.1%).
TopFund Score — Fundamentals Quality
69/100 — GoodData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- −Stock is trading at 6.44 times its book value
- −Company has a low return on equity of 10.7% over last 3 years.
- −Dividend payout has been low at 8.17% of profits over last 3 years
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Phoenix Mills participated in J.P. Morgan India Conference group meetings on September 22, 2026.
Phoenix Mills participated in Jefferies India Forum group meetings on September 17, 2026.
Phoenix Mills will attend Jefferies India Forum investor meetings in Gurugram on 17 September 2026.
NCLT-approved merger of six step-down subsidiaries into Astrea Real Estate Developers became effective on September 10, 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 811 | 875 | 986 | 1,306 | 904 | 918 | 975 | 1,016 | 953 | 1,115 | 1,121 | 1,233 | 1,075 |
| Expenses + | 318 | 369 | 434 | 679 | 373 | 400 | 422 | 457 | 389 | 449 | 465 | 484 | 433 |
| Operating Profit | 492 | 506 | 552 | 627 | 531 | 518 | 553 | 560 | 564 | 667 | 656 | 750 | 642 |
| OPM % | 61.0% | 58.0% | 56.0% | 48.0% | 59.0% | 56.0% | 57.0% | 55.0% | 59.0% | 60.0% | 59.0% | 61.0% | 60.0% |
| Other Income + | 29 | 32 | 34 | 37 | 38 | 37 | 46 | 42 | 32 | 31 | 22 | 57 | 40 |
| Interest | 96 | 96 | 104 | 100 | 103 | 103 | 103 | 94 | 95 | 92 | 102 | 97 | 94 |
| Depreciation | 63 | 66 | 66 | 76 | 77 | 78 | 81 | 90 | 93 | 91 | 86 | 89 | 96 |
| Profit before tax | 363 | 375 | 416 | 489 | 388 | 374 | 415 | 418 | 407 | 515 | 490 | 620 | 492 |
| Tax % | 20.0% | 19.0% | 17.0% | 20.0% | 19.0% | 22.0% | 15.0% | 17.0% | 21.0% | 26.0% | 25.0% | 22.0% | 20.0% |
| Net Profit + | 291 | 305 | 345 | 392 | 315 | 292 | 353 | 348 | 321 | 384 | 366 | 485 | 394 |
| EPS in Rs | 7 | 7 | 8 | 9 | 7 | 6 | 7 | 8 | 7 | 9 | 8 | 11 | 8 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,639 | 1,769 | 1,817 | 1,614 | 1,977 | 1,936 | 1,040 | 1,460 | 2,616 | 3,972 | 3,807 | 4,418 | 4,545 |
| Expenses + | 877 | 978 | 961 | 830 | 975 | 963 | 539 | 725 | 1,096 | 1,790 | 1,645 | 1,780 | 1,830 |
| Operating Profit | 762 | 790 | 856 | 784 | 1,001 | 973 | 501 | 735 | 1,519 | 2,182 | 2,162 | 2,638 | 2,714 |
| OPM % | 47.0% | 45.0% | 47.0% | 49.0% | 51.0% | 50.0% | 48.0% | 50.0% | 58.0% | 55.0% | 57.0% | 60.0% | 60.0% |
| Other Income + | -63 | -11 | 39 | 50 | 125 | 60 | 86 | 74 | 721 | 126 | 163 | 140 | 150 |
| Interest | 396 | 443 | 424 | 349 | 351 | 348 | 348 | 295 | 341 | 396 | 403 | 387 | 386 |
| Depreciation | 168 | 177 | 195 | 198 | 204 | 208 | 209 | 186 | 228 | 270 | 327 | 360 | 362 |
| Profit before tax | 136 | 159 | 276 | 287 | 572 | 478 | 29 | 328 | 1,671 | 1,643 | 1,595 | 2,032 | 2,117 |
| Tax % | 36.0% | 48.0% | 31.0% | 26.0% | 19.0% | 26.0% | -16.0% | 24.0% | 12.0% | 19.0% | 18.0% | 23.0% | — |
| Net Profit + | 91 | 84 | 191 | 256 | 497 | 388 | 48 | 268 | 1,478 | 1,333 | 1,307 | 1,557 | 1,630 |
| EPS in Rs | 1 | 4 | 5 | 8 | 14 | 11 | 2 | 7 | 37 | 31 | 28 | 34 | 36 |
| Dividend Payout % | 90.0% | 26.0% | 22.0% | 16.0% | 11.0% | 0.0% | 31.0% | 18.0% | 7.0% | 8.0% | 9.0% | 7.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 1,645 | 1,997 | 2,119 | 2,821 | 3,443 | 3,678 | 5,003 | 6,547 | 8,344 | 9,422 | 10,377 | 10,917 |
| Borrowings + | 3,402 | 3,889 | 3,626 | 3,666 | 4,244 | 4,308 | 4,063 | 3,982 | 4,259 | 4,639 | 4,687 | 5,323 |
| Other Liabilities + | 1,565 | 1,507 | 1,233 | 1,979 | 2,398 | 2,528 | 2,288 | 3,765 | 4,787 | 5,003 | 6,292 | 6,485 |
| Total Liabilities | 6,641 | 7,424 | 7,008 | 8,497 | 10,116 | 10,545 | 11,389 | 14,330 | 17,426 | 19,100 | 21,427 | 22,796 |
| Fixed Assets + | 4,130 | 4,548 | 4,500 | 5,668 | 6,522 | 6,453 | 7,207 | 7,508 | 10,964 | 13,137 | 14,466 | 14,772 |
| CWIP | 214 | 195 | 328 | 503 | 896 | 1,534 | 1,274 | 2,049 | 2,295 | 1,503 | 3,143 | 3,879 |
| Investments | 200 | 161 | 410 | 829 | 745 | 590 | 576 | 2,317 | 1,282 | 1,725 | 1,465 | 1,490 |
| Other Assets + | 2,097 | 2,520 | 1,770 | 1,498 | 1,952 | 1,968 | 2,333 | 2,456 | 2,884 | 2,734 | 2,353 | 2,656 |
| Total Assets | 6,641 | 7,424 | 7,008 | 8,497 | 10,116 | 10,545 | 11,389 | 14,330 | 17,426 | 19,100 | 21,427 | 22,796 |
| Equity Capital | 29 | 31 | 31 | 31 | 31 | 31 | 36 | 36 | 36 | 36 | 72 | 72 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 564 | 497 | 1,419 | 1,514 | 350 | 739 | 432 | 781 | 1,356 | 2,161 | 2,084 | 2,426 |
| Cash from Investing Activity + | -102 | -377 | -354 | -1,825 | -1,394 | -362 | -950 | -2,841 | -1,528 | -1,859 | -2,162 | -1,646 |
| Cash from Financing Activity + | -455 | -71 | -1,108 | 277 | 1,053 | -287 | 522 | 2,228 | 132 | -299 | -47 | -731 |
| Net Cash Flow | 7 | 50 | -43 | -33 | 9 | 90 | 3 | 167 | -40 | 3 | -126 | 50 |
| CFO/OP | 86 | 80 | 171 | 196 | 43 | 87 | 84 | 114 | 103 | 114 | 110 | 104 |
| Free Cash Flow | 456 | 112 | 1,234 | 13 | -1,110 | -3 | 309 | 774 | -468 | 488 | -532 | 1,029 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 4.18% | 4.22% | 4.12% | 3.98% | 4.07% | 4.06% | 3.99% | 3.74% | 3.84% | 3.64% | 3.64% | 3.64% |
| Promoters | 47.29% | 47.28% | 47.28% | 47.27% | 47.26% | 47.26% | 47.26% | 47.26% | 47.25% | 47.25% | 47.25% | 47.25% |
| FII | 30.01% | 30.8% | 32.82% | 35.41% | 35.5% | 35.66% | 36.14% | 36.27% | 33.45% | 33.85% | 32.97% | 31.73% |
| DII | 18.51% | 17.7% | 15.79% | 13.33% | 13.17% | 13.03% | 12.59% | 12.72% | 15.47% | 15.26% | 16.14% | 17.38% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Realty — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| The Phoenix Mills Ltd (this stock) | 70,763 | 54.6 | 6.44 | 11.0% |
| Oberoi Realty Limited | 67,575 | 25.5 | 3.77 | 14.6% |
| Prestige Estate Ltd | 63,653 | 55.9 | 3.91 | 7.53% |
| Godrej Properties Ltd | 50,379 | 31.1 | 2.63 | 8.82% |
| Lodha Developers Limited | 116,731 | 28.3 | 5.0 | 15.5% |
| Anant Raj Limited | 22,420 | 38.7 | 3.87 | 11.2% |
| Brigade Enter. Ltd | 20,302 | 29.8 | 2.98 | 10.5% |
Which Mutual Funds Hold The Phoenix Mills Ltd?
Frequently Asked Questions about The Phoenix Mills Ltd
The Phoenix Mills Ltd (PHOENIXLTD) closed at ₹1,978.4 on NSE on 25 September 2026, up 23.4 (1.2%) from the previous close.
The Phoenix Mills Ltd trades on the NSE (National Stock Exchange of India) under the symbol PHOENIXLTD.
The Phoenix Mills Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 54.6.
The Phoenix Mills Ltd has a dividend yield of 0.13%.
The Phoenix Mills Ltd's 52-week high is ₹2,170.0 and its 52-week low is ₹1,465.0.
The Phoenix Mills Ltd has a market capitalisation of ₹70,763 crore.
The Phoenix Mills Ltd has a TopFund Quality Score of 69/100 (Good), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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