Page Industries Dividend: Even though there are ups and downs in the stock market, good companies leave no chance to fill the pockets of their investors. If you also have shares of a company related to the country’s famous innerwear brand Jockey in your portfolio, there is a big good news for you. Garment giant Page Industries has decided to distribute huge profits to its shareholders. The company is going to pay another interim dividend of Rs 150 per share for the current financial year 2026-27. The award on this share with a face value of Rs 10 is nothing short of a bonus for investors.
When will the dividend money come into the account?
To benefit from this dividend, the company has set a record date of November 18, 2026. The rule is very clear that only those investors whose names are registered as owners of shares in the register or depository records of the company by this due date will be deemed entitled to this profit. The company has also clarified that the dividend will be paid to eligible shareholders on or before December 11.
This is not the first time that the company has been so gracious to its investors. Earlier in the current financial year 2026-27, the company had posted Rs. 200 has been distributed as first interim dividend. If we look at the record of the last financial year 2025-26, the company had a total of 4 times per share of Rs. 550 was given a huge interim dividend. Page Industries mainly manufactures garments like innerwear, loungewear, swimwear. Apart from Jockey, the famous brand Speedo is also a part of this company.
Earnings status of the company in the September quarter
Looking at the results of the company’s work, the July-September 2026 quarter has seen a good movement in the business. Page Industries’ net profit for the quarter rose nearly 4 percent year-on-year to Rs. 202.54 crores. In the same quarter exactly a year ago, this profit was Rs. 194.76 crores. The company’s revenue from operations also registered an impressive growth of 11.5 percent, rising to Rs. 1439.61 crores. In the September 2025 quarter, this figure was Rs 1290.86 crore.
Along with the increase in earnings, the expenses of the company have also increased. Total expenditure in the September 2026 quarter is Rs. 1182.24 crore, while in the same period a year ago this expenditure was Rs. 1049.27 crores. The company’s operating profit i.e. EBITDA increased by 7.4 percent year-on-year to Rs. 300.2 crores. However, operating margin declined by 80 basis points to 20.8 percent. Despite this, the company has maintained guidance of double-digit volume growth in FY2027.
Share the situation and opinion of brokerage firms
Despite good dividends, share prices have been under pressure over the past year. Shares of Page Industries have fallen by 20 percent in a year. Currently, one share of the company on BSE is priced at Rs. 31,399.65 level. The total market cap of the company is Rs. 35,000 crores is over. This large stock is also a part of BSE 200 index. As of the end of September 2026, the promoters held 42.89 percent stake in the company.
Even after this drop in the stock, global brokerage houses seem to be positive about the stock. Brokerage firm HSBC has maintained its ‘buy’ rating on shares of Page Industries, but lowered its target price to Rs. 43,870 has been done. The brokerage cut its earnings per share (EPS) estimates for FY27 to FY29 by 1 to 3 percent.
On the other hand, Nomura has also maintained a ‘buy’ rating on the stock. Nomura has set a target of Rs 41,000 per share for this. Similarly, brokerage firm Citi has also maintained its ‘buy’ rating, but has a target price of Rs. 46,500 reduced to Rs. 37,300 per share. Citi has cut the company’s revenue estimates for FY27-29 by 2 to 3 percent and EPS estimates by 2 to 5 percent.
