Phoenix International Ltd.
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ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Rental: 77.0% • Shoes: 23.0%
AI Sector View
AI GENERATEDConsumer Durables
Urban discretionary demand is mixed but investable. Credit card transactions rose 27.0% YoY (2026-06), urban CMIE sentiment was 109.5 (2026-07), and consumer spending remained large at INR 44743 billion (Jun/26), even though formal consumer confidence fell to 88.3 points (Jul/26) and debit card transactions were -9.0% YoY (2026-06). Heavy sector inflows of INR 13175 crore over 3 months to 2026-08-31 indicate strong investor positioning behind the theme.
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 9.74x)
- Operating margins have improved to 56.3% from 51.1%
- Company has consistently been profitable over the last 5 years
- Working capital cycle has improved - days down from 305 to 215
- Company generates healthy free cash flow
CONS
- Company has a low return on equity of 2.4% over last 3 years
- Company has a low return on capital employed of 6.2%
- Interest coverage is weak at 1.6x - earnings barely cover interest
- Company's sales have been declining over the last five years
- Company has delivered a poor profit growth of -12.6% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| MAYURUNIQ | 735.55 | 15.43 | 3196.16 | 0.82 | 56.12 | 37.79 | 269.23 | 24.71 | 24.78 | 21.89 |
| BIL | 1104.05 | 57.80 | 1480.58 | 0.00 | 17.76 | 218.16 | 372.79 | 33.16 | 8.90 | 10.00 |
| PHOENXINTL | 31.08 | 18.87 | 52.18 | 0.00 | 1.01 | 35.52 | 7.65 | 21.96 | 6.56 | 45.70 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | 7 | 6 | 7 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 8 | |
| 4 | 4 | 4 | 3 | 2 | 2 | 3 | 3 | 3 | 4 | 3 | 4 | 6 | |
| Operating Profit | 3 | 3 | 3 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 3 | 1 |
| OPM % | 47.62% | 48.81% | 45.85% | 57.34% | 59.15% | 60.66% | 54.00% | 54.80% | 55.02% | 50.28% | 54.29% | 44.41% | 19.54% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before Tax | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 |
| Tax % | 30.14% | 30.26% | 29.63% | 31.43% | 30.39% | 30.49% | 30.19% | 122.64% | 40.00% | -32.68% | 86.96% | 150.00% | 35.23% |
| Net Profit | 0 | 0 | 0 | 0 | 1 | 1 | 1 | -0 | 1 | 2 | 0 | -0 | 1 |
| 0.30 | 0.32 | 0.23 | 0.52 | 0.42 | 0.34 | 0.44 | -0.20 | 0.44 | 1.21 | 0.12 | -0.34 | 0.60 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 37 | 41 | 39 | 43 | 43 | 24 | 27 | 32 | 27 | 24 | 29 | |
| 28 | 29 | 25 | 28 | 29 | 9 | 13 | 20 | 14 | 11 | 17 | |
| Operating Profit | 9 | 12 | 15 | 14 | 14 | 16 | 14 | 13 | 14 | 14 | 12 |
| OPM % | 24.31% | 28.68% | 37.29% | 33.21% | 33.17% | 64.72% | 50.57% | 39.06% | 49.89% | 56.28% | 41.60% |
| 1 | 2 | 0 | 3 | 3 | 1 | 0 | 1 | 0 | 0 | 0 | |
| Interest | 8 | 11 | 10 | 10 | 10 | 11 | 9 | 7 | 7 | 7 | 5 |
| Depreciation | 1 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Profit before Tax | 2 | -1 | 1 | 3 | 4 | 2 | 1 | 3 | 3 | 4 | 6 |
| Tax % | 53.85% | 19.26% | -84.75% | 12.68% | 30.14% | 67.06% | -67.53% | 22.83% | 30.48% | 58.01% | 51.05% |
| Net Profit | 1 | -1 | 2 | 3 | 3 | 1 | 2 | 2 | 2 | 2 | 3 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 1.81 | 0.46 | 1.03 | 1.27 | 1.42 | 0.94 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- -5%
- 5 Years:
- -11%
- 3 Years:
- -4%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 9%
- 5 Years:
- -13%
- 3 Years:
- -6%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 2%
- 5 Years:
- 2%
- 3 Years:
- 2%
- Last Year:
- 2%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | |
| Minority Interest | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 48 | 299 | 301 | 314 | 321 | 321 | 322 | 327 | 330 | 333 | |
| 99 | 92 | 89 | 87 | 87 | 111 | 103 | 94 | 72 | 59 | |
| Trade Payables | 19 | 21 | 34 | 16 | 15 | 17 | 19 | 20 | 11 | 9 |
| 10 | 41 | 21 | 21 | 12 | 10 | 10 | 10 | 17 | 25 | |
| Total Liabilities | 198 | 471 | 462 | 454 | 452 | 476 | 472 | 469 | 447 | 442 |
| 35 | 292 | 288 | 287 | 284 | 280 | 278 | 274 | 270 | 267 | |
| Capital Work in Progress | 5 | 5 | 5 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| 8 | 24 | 24 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |
| 5 | 6 | 7 | 7 | 6 | 4 | 6 | 5 | 5 | 4 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 11 | |
| Cash & Bank | 2 | 4 | 49 | 52 | 56 | 7 | 5 | 6 | 6 | 6 |
| 143 | 141 | 89 | 101 | 100 | 178 | 177 | 177 | 147 | 149 | |
| Total Assets | 198 | 471 | 462 | 454 | 452 | 476 | 472 | 469 | 447 | 442 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 8 | 18 | 27 | 20 | 18 | 19 | 3 | 19 | 22 | 19 | |
| Cash from Investing | 16 | 0 | 0 | -46 | -1 | 48 | -0 | 0 | 0 | -0 |
| Cash from Financing | -34 | -17 | 20 | -21 | -18 | -66 | -6 | -17 | -23 | -20 |
| -11 | 1 | 46 | -46 | 0 | -0 | -2 | 2 | -1 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
No announcements filed.
News
Recent coverage and analyst commentary for PHOENXINTL
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