Page Industries Limited has informed the Exchange about Transcript

Page Industries reported a strong Q4 FY'25 with revenue growing 10.6% YoY to INR10,981 million and PAT surging 51.6% to INR1,640 million, driven by 8.5% volume growth. For the full year, revenue grew 8% to INR49,349 million while PAT rose 28.1% to INR7,291 million, with EBITDA margin at 21.5%. Management guided to maintain EBITDA margins in the 19-21% range for FY'26, citing stable raw material costs but flagging pressure from wage hikes, salary increases, and higher IT/digital spend (1.25-1.5% of revenue). Inventory days improved sharply from 93 to 64, working capital days fell from 75 to 54, and the company remains debt-free. The new Odisha plant is ready for commercial operations starting June 2025, and capex for FY'26 is planned at ~INR180 crore. Distribution network now spans 111,000+ multi-brand outlets, 1,453 exclusive brand stores, and 1,803 large-format points of sale, with e-commerce contributing just over 10% of revenue.