The Phoenix Mills Limited — PPTs, 28-07-2026: Investor Presentation

Phoenix Mills delivered strong Q1 results. Consolidated revenue rose 13% year-on-year to 1,075 Cr, with EBITDA up 14% to 642 Cr and net profit jumping 23% to 297 Cr. Retail assets saw robust growth, with consumption soaring 32% and rental income up 17%. Office portfolio income grew 44%.

Key strategies include densifying existing campuses, strategic repositioning of malls, and a strong pipeline of new retail developments. Phoenix MarketCity Pune was rebranded as Phoenix Avenue of Stars, introducing new premium brands. The office portfolio doubled in two years and is rapidly filling up, with major new retail-led developments in Thane, Coimbatore, and Chandigarh commencing excavation.

Operating Free Cash Flow grew 20% to 602 Cr, maintaining a healthy Net Debt/EBITDA of 1.3x. Management highlighted resilient demand and efficiency focus, driving net profit growth. They foresee a strong growth roadmap to 2030, leveraging existing assets and development rights for continued expansion across all segments.