Management Team
Mr. Sunder Genomal, Managing Director
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Journey Began
Incorporated in 1995.
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Products Manufactured
Innerwear and swimwear
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Iconic Brands
Exclusive licensee for Jockey & Speedo brands.
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Manufacturing Facilities
Page Industries is located in Bangalorefor manufacture, distribution and marketing of the JOCKEY brand in India, Sri Lanka, Bangladesh, Nepal and the UAE. It is also the exclusive licensee of Speedo International Ltd. for the manufacture, marketing and distribution of the Speedo brand in India.
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Capacity Expansion
During 2015-16,Page Industries has expanded its installed capacity across its various units spread over 1.97 million square feet in 13 locations in the state of Karnataka. It has started commercial production at the Tiptur Unit. A further expansion has been planned in KIADB Industrial Area, Hassan, where 5 acres of land was allotted by KIADB on 99 years lease. The company has commenced civil works and commercial production is expected to be commenced during the next financial year.
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Exclusive Outlets
Jockey brand is available in 1400+ cities and towns. The products are sold through Exclusive Brand Outlets (EBO), Large Format Stores (LFS), Multi Brand Outlets (MBO), Traditional hosiery stores and Multi-purpose stores spread across India. During the year 2015-16, the company through its authorised franchisees opened 82 EBOs including 7 Jockey EBOs catering exclusively to women customers, taking the total number of EBOs to 265. These outlets are spread throughout India even covering Tier II and Tier III cities. The company has launched its own B2C e-commerce channel and further tied up with various leading online retailers to increase reach of our products.
For its Speedo brand, the company has also opened one more EBO taking the total number to nine. Speedo is available in 1060 stores including 146 large format stores across 106 cities and nine EBOs.
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Global Presence
Presently, the company has 4 EBOs in UAE and 1 EBO in Sri Lanka for its Jockey brand.
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Financial Performance
The revenue of the company increased from Rs. 15,434 million to Rs. 17,834 million registering a growth of 15.55%. The profit before tax has increased to Rs. 3,443 million from Rs. 2,933 million of last year, which is an increase of 17.39%. The net profit stood at Rs. 2,327 million as against Rs. 1,960 million of the previous year representing a growth of 18.72%.
The Speedo brand has achieved a turnover of Rs. 295 million as against previous year sales of Rs.235 million, which is an increase of 26%.