The Phoenix Mills Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, The Phoenix Mills stock has a consensus rating of "Buy" and an average price target of ₹2,010. The average 1-year stock price forecast is 13.76% higher than the current stock price, while the lowest is ₹1,700 (-3.77%) and the highest is ₹2,307 (+30.59%).

Price Target: ₹2,010 (+13.76%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹1,700	₹2,010	₹2,000	₹2,307
Change	-3.77%	+13.76%	+13.21%	+30.59%

* Price targets were last updated on Apr 30, 2026.

Analyst Ratings

The average analyst rating for The Phoenix Mills stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	9	9	9	9	11	11
Buy	7	7	7	7	5	6
Hold	1	1	1	2	2	1
Sell	2	2	2	1	1	1
Strong Sell	0	0	0	0	0	0
Total	19	19	19	19	19	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Abhinav Sinha CFA Jefferies	Jefferies	Buy Maintains ₹2,085	Buy	Maintains	₹2,085	+18.02%	Apr 30, 2026
Adhidev Chattopadhyay ICICI Securities	ICICI Securities	Buy Maintains ₹2,210	Buy	Maintains	₹2,210	+25.10%	Dec 19, 2025

Financial Forecast

Revenue This Year

49.85B

from 44.23B

12.70%

from 44.23B

Revenue Next Year

57.71B

from 49.85B

15.77%

from 49.85B

EPS This Year

42.88

from 35.02

22.45%

from 35.02

EPS Next Year

51.67

from 42.88

20.49%

from 42.88

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	14.83B	26.01B	38.99B	37.19B	44.23B	49.85B
Revenue Growth	47.14%	75.34%	49.90%	-4.61%	18.91%	12.70%
Net Income	2.37B	13.35B	10.99B	9.84B	12.24B	15.12B
EPS	-	-	-	-	35.02	42.88
EPS Growth	-	-	-	-	28.94%	22.45%
Dividend / Share	1.20	2.50	2.50	2.50	2.50	2.71
Dividend Growth	-	108.33%	-	-	-	8.58%
Free Cash Flow	6.24B	8.05B	17.61B	14.89B	18.11B	5.19B
FFO / Share	-	-	-	-	-	58.20
P/FFO	-	-	-	-	-	30.35
No. Analysts	-	-	-	-	-	19

EPS based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	60.1B
Avg	49.8B
Low	45.9B

Revenue Growth

Revenue Growth	2027	2028	2029
High	35.9%
Avg	12.7%
Low	3.7%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	42.88
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	22.4%
Low	-