UBS set an INR 44,000 target for Page Industries stock

Published on 10/14/2026 at 00:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 FY27 revenue reached INR 14.20 billion, up 7.90 percent year over year. For Page Industries stock, FY27 margin guidance was 19.00-21.00 percent.

Analyst target and results

UBS set a new INR 44,000 target for Page Industries on October 5, 2026.
Q1 FY27 revenue reached INR 14.20 billion, up 7.90 percent year over year.
The Dubai Court dismissed an AED 113.55 million claim on September 21, 2026.
The statutory outer limit for Q2 FY27 results is November 14, 2026.

Page Ind, INE761H01022, Illustration mit AI erstellt.

UBS set an INR 44,000 target for Page Industries stock on October 5, 2026, according to Investing.com. The target was a new recommendation rather than a revision, putting the latest analyst action alongside a business picture of higher revenue but softer profitability in Q1 FY27.

Three dated developments

On September 2, 2026, Page Industries faced an AED 113.55 million claim from Yellow Flower Trading LLC, as reported by Sahi Markets. On September 21, 2026, the Dubai Court dismissed the claim after the plaintiff failed to deposit court-ordered expert fees, and ordered payment of AED 1,000 in advocate fees.

On October 5, 2026, UBS added the INR 44,000 target. The sequence matters because legal exposure was reduced before the latest analyst view, while the operating debate remained centered on volume recovery and input costs.

What changed for legal risk?

StockFin reported that the dismissal reduced legal risk and that Page Industries would disclose further material developments. The ruling followed the earlier AED 113.55 million claim and moved the immediate dispute from an active court matter to a dismissal with costs assigned to the claimant.

Operating figures show the counterweight. Sahi Markets reported Q1 FY27 revenue of INR 14.20 billion, up 7.90 percent from Q1 FY26, while profit after tax was INR 1.93 billion. The profit result was down 3.98 percent year over year, making margin recovery more important than the revenue trend alone.

DSIJ said management retained FY27 EBITDA-margin guidance of 19.00-21.00 percent, compared with 22.00 percent in FY26. The same report put Q4 FY26 revenue at INR 12.53 billion, up 14.00 percent year over year, but cited cotton inflation as a pressure on gross margin.

When is the next report?

Page Industries' September 2026 quarter covers July 1, 2026, through September 30, 2026. Univest placed November 14, 2026, as the statutory outer limit for publishing the quarter's results. That deadline makes the next report the clearest near-term test of whether pricing actions and operating efficiency can narrow the gap between revenue growth and profit growth.

Stock context for investors

Page Industries had a market capitalization of INR 413.8 billion as of October 13, 2026. Its primary listing is on the NSE, and the company operates in apparel manufacturing through brands including Jockey and Speedo.