Page Industries Share Price Target 2026, 2027, 2028, 2029, 2030
- Market Cap
- ₹44,448 Cr
- Book Value
- ₹1,347
- Stock P/E
- 56.3
- Dividend Yield
- 2.26%
- ROE
- 54.3%
- ROCE
- 64.4%
- PEG Ratio
- 3.08
- EV/EBITDA
- 36.4
Fundamentals from Screener.in, as of 5 Aug 2026. Live price via Yahoo Finance.
Technical snapshot
EOD ·Page Industries Ltd closed at ₹35,240.00 on 19 August 2026, down 3.3% on the day, 11.7% below its 50-day average, 25.5% below its 52-week high, with volume at 1.22× its 20-session average.
- RSI 14
- 27.1
- vs 50-day SMA
- -11.7%
- vs 200-day SMA
- -4.4%
- From 52-week high
- -25.5%
- Relative volume
- 1.22×
- 20-day return
- -11.5%
End-of-day prices from exchange-published files (NSE/BSE bhavcopy), updated after market close. Descriptive statistics, not investment advice.
Page Industries share price today
Page Industries (NSE: PAGEIND) holds the Jockey licence for India and built a high-return branded innerwear business. At the research cut-off, ROCE was 64.4%, ROE was 54.3% and the dividend yield was 2.3%; its distribution reached from metros to tehsil towns.
Recent growth had slowed. Three-year sales growth sat in low single digits as the category digested post-COVID normalisation and mass-segment competition. The multiple — 56.3× — had compressed from its peaks, leaving open whether the slower pace was cyclical or structural.
Franchise intact, era changed
What Jockey still owns: brand trust that commands price premiums in a comfort category, exclusive-outlet and MBO distribution depth, and manufacturing scale (in-house, not outsourced) that keeps quality the moat. What changed: category penetration matured in cities, athleisure’s COVID surge normalised, and value brands harvest the price-sensitive end. The next act — women’s innerwear, kids, premium athleisure — is real but grows off a large base.
What matters next: volume growth revival (the single metric that re-rates or de-rates this), women’s-segment traction, channel inventory discipline, and licensor terms with Jockey International over time.
The numbers
Financial snapshot — 5 August 2026
| Metric | Value |
|---|---|
| Market cap | ₹44,448 Cr |
| P/E (TTM) | 56.3 |
| EV/EBITDA | 36.4 |
| Operating margin | 22.0% |
| ROE / ROCE | 54.3% / 64.4% |
| Debt to equity | 0.18 |
| Sales CAGR (5y) | 13.1% |
| Profit CAGR (5y) | 18.3% |
| Promoter holding | 42.9% |
| EPS (TTM) | ₹706.4 |
Page Industries share price target 2026 to 2030
EPS base ₹706.4 (TTM). Bear: growth stays single-digit and the multiple keeps compressing — 6% growth at 34×. Base: mid-cycle revival as new segments scale — 11% growth at 45×. Bull: volume growth recovers as newer categories scale — 15% growth at 56×.
From ₹39,750, the base case is ≈ +35% over four and a half years plus the 2.3% yield; the bear is −19%. The wide gap reflects a franchise in transition: volume revival matters more than memories of its earlier growth rate.
What supports the case
- 64% ROCE — franchise economics that survive growth slowdowns intact.
- The Jockey brand still owns the category’s trust and premium shelf.
- A 2.3% yield from a capital-light model pays you through the transition.
- Women’s, kids’ and athleisure segments are genuine second acts.
- In-house manufacturing keeps the quality moat competitors outsource away.
The risks: the 3.6% three-year sales growth stall could be structural rather than cyclical, value brands attack from below, and 56× still assumes revival rather than proving it.
What to weigh at the current price
The tension is whether women’s wear, kids and athleisure can revive volumes before a 56.3× multiple adjusts to the slower growth now visible in the core category.
FAQ
What is the Page Industries share price target for 2030? The table above sets out bear, base and bull scenarios for each year to 2030. They are valuation sensitivities, not promised prices.
Why has Page’s growth slowed? Urban category maturity, post-COVID athleisure normalisation, and mass-market competition. The brand’s pricing held; volumes did the slowing.
Is the Jockey licence a risk? The India licence relationship has lasted decades, but renewal and future commercial terms remain risks to monitor.
When are Page Industries’ next results? Check the results calendar and confirm the announced date in the relevant exchange filing.
This article is research and education, not personalised investment advice. We are not SEBI-registered advisers. Price targets are scenario arithmetic, not promises. Do your own research and consult a registered adviser before acting.