PHOENIX INTERNATIONAL LIMITED

1. Introduction

The company started in 1987, Phoenix International Ltd operates as a publicly traded firm based in New Delhi. This Indian enterprise first made shoes, sending them in foreign markets before branching out. Over time, its reach grew beyond footwear into real estate rentals and running industrial units. Trading happens under its name at the Bombay Stock Exchange. Though it began narrowly focused, expansion shifted how things moved forward.

Industry Overview

Footwear work drives much of what the company does. Growth in India ties back to more people wanting shoes, along with steady overseas orders coming through. Making things here means selling locally while also shipping abroad, staying sharp by offering solid builds at fair rates with enough volume to meet needs. What keeps firms going is how well they balance cost, consistency, and scale when getting goods out.

Purpose of the Analysis

Phoenix International Ltd through a close review of its history, how it runs day to day work, who leads it, along with what gives it an edge and where challenges lie. Seeing these parts  shows how well the firm has done so far, hinting at what might come next.

2. Company Overview

Background and History

Phoenix International Ltd came into being. Footwear was the first move  making it, then shipping it overseas. As years passed, new paths opened through separate but linked businesses. These ventures stretched across multiple fields, each growing on its own terms.

Business Model

Footwear production shapes part of how the firm earns money. Besides making shoes, income flows in through foreign shipments. Property rentals add another layer to its earnings.

Key Products And Services

Manufacturing footwear and shoes components.

Selling branded footwear products.

Factories run by smaller businesses under a larger parent company.

Leasing of commercial buildings.

Market Position

Not big like others, Phoenix International still holds ground across India's stock scene as a small player. Even so, staying active globally with various work helps it remain visible despite small size limits.

3. Promoter Founder Intro

Promoters / Founders

The founder of this company is Mr. D. N. Kalsi alongside Mr. Ajay Kalsi their role has played an important role in the growth of the company.

Professional Background

Ajay Kalsi built his knowledge through studies in economics alongside global commerce. His time at places like Cambridge shaped part of that journey. The London School of Economics also played a role in forming his understanding.

How Roles Contribute to Company Expansion

Starting out small, the promoters built a manufacturing firm while slow  growth beyond borders into new sectors. Because of their choices, different kinds of work began flowing through the business. Expansion unfolded step by step, shaped by early moves that opened new paths. What began locally reached farther, pulled forward by shifts they set in motion

4. Financial Statement Analysis 

1. Income Statement Analysis 

Revenue Trend

Analysis:

Revenue has shown a decline over the three years.

Net profit increased in FY2024 but declined in FY2025.

This indicates reduced business activity and profitability.

2. Balance Sheet Analysis

Analysis:

Total assets have decreased over time.

Shareholders’ equity has increased, indicating retained earnings.

The company maintains moderate liabilities and financial stability.

3. Cash Flow Statement Analysis

Analysis:

Positive operating cash flow indicates stable core operations.

Limited investing activity suggests low expansion or capital expenditure.

Negative financing cash flow indicates repayment of debt or shareholder payouts

4. Key Financial Ratios

5. Year-on-Year Comparison (3 Years)

Summary:

Revenue has consistently declined over three years.

Profit increased in FY2024 but fell in FY2025.

Despite declining sales, the company maintains stable assets and positive cash flows.

5. Key Insights And Interpretation

Strengths

The company diversified business activities

Experience in  export markets

Long operating history in the industry

Weaknesses

Small company size compared to competitor

Limited profitability in recent years

Risk Factors

Strong competition in the footwear industry

Stock price keeps on changing due to micro-cap status

Business risks from operating in multiple sectors

Future Outlook

Focusing on stronger profits will shape what comes next for the company. Its main work needs to stand firmer than before. Growth ahead closely to reaching further into new areas.

6. Conclusion

Financial Health Final Check

Looking at the numbers, Phoenix International Ltd. seems to hold things together pretty well financially. Staying on track comes naturally over both immediate and future periods. Earnings show work happening under the hood pays off just not always as smoothly as possible due to ongoing leaks in how costs move. 

Views on Investment and Performance

Phoenix International Ltd might fit those wanting consistent returns without big fluctuations.Operations have gotten sharper and growth plans are clearer, profits could climb ahead.Thirty years on, Phoenix International Ltd stays across many areas despite being small  in size. Industry roots run deep, exports keep moving, yet tight resources bring hurdles into view. Growth could rise  provided operations sharpen and reach widens beyond current circles. Small steps now might shape success.

7. Data Sources

https://www.screener.in/company/526481/consolidated/

https://www.phoenixindia.com/