Phoenix Mills stock carries Q1 growth into October 10 meeting

Published on 10/07/2026 at 06:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Phoenix Mills stock carries 1QFY27 revenue of INR 10,749 million and EBITDA of INR 6,415 million into its October 10 investor meeting. A 22-analyst consensus lists an average target of INR 2,111.09.

Phoenix Mills, INE211B01039, Illustration mit AI erstellt.

Phoenix Mills stock (ISIN INE211B01039) was trading at INR 1,878.90 on NSE at 9:51 a.m. IST on October 7, 2026, down 0.24 percent from the prior close of INR 1,883.50. The company is taking 1QFY27 growth into an institutional investor meeting scheduled for October 10, 2026.

Investor meeting moves to October 10

According to ScanX News on October 5, 2026, Phoenix Mills rescheduled its physical group meeting with institutional investors from October 8 to October 10 in Mumbai. The filing gives investors a dated checkpoint for management commentary after the September quarter ended.

The meeting follows the company's latest operating update. According to DSIJ in its July 29, 2026 report, consolidated revenue reached INR 10,749 million in 1QFY27, up 13 percent year over year, while EBITDA rose 14 percent to INR 6,415 million.

Profit growth outpaces revenue

Reported PAT increased 23 percent year over year to INR 2,969 million in 1QFY27, and the EBITDA margin improved by 50 basis points to 59.7 percent, according to DSIJ. The comparison matters because profit growth exceeded both revenue and EBITDA growth, pointing to operating leverage in the reported quarter.

Retail remained the main operating driver, with rental income up 17 percent year over year to INR 5,900 million and retail EBITDA up 17 percent to INR 6,200 million in 1QFY27. Mall consumption rose 32 percent to INR 47,300 million, while consolidated net debt increased to INR 36,600 million from INR 31,600 million in 4QFY26.

Consensus target sits above quote

Investing.com lists a Buy consensus from 22 analysts, including 19 Buy ratings and 3 Sell ratings. The average 12-month target is INR 2,111.09, which is 12.36 percent above the October 7 reference price, with targets ranging from INR 1,700 to INR 2,495.

That spread places the market discussion between strong operating growth and execution risk. Phoenix Mills is expanding retail, office and hospitality assets, so the October meeting may provide the next public checkpoint on leasing, consumption and project delivery.

Stock trades below yearly high

Phoenix Mills had a market capitalization of INR 672.0 billion and a volume of 54,121 shares at the October 7 quote. Its 52-week range was INR 1,465.60 to INR 2,169.80, leaving the stock below its yearly high while first-quarter operating metrics continued to grow.