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The Phoenix Mills Ltd (Phoenix Mills) is an investment holding company. Its business activities include the real estate development, planning, execution, marketing, management, maintenance, and sale of shopping, entertainment, commercial, residential, and hospitality assets. Phoenix Mills’ property and related services unit provides mall and office areas on a license basis. The company's project portfolio includes Phoenix Palladium, Phoenix Marketcity, Phoenix United, Phoenix Palassio and Phoenix Citadel, among others. It operates commercial centers across Mumbai, Chennai, Bangalore, Agra, Pune, Raipur and Indore, India. Phoenix Mills is headquartered in Mumbai, Maharashtra. India.
Headquarters
India
Address
462, Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, 400011
Website
www.thephoenixmills.com
Telephone
91 22 30016600
No of Employees
116
Industry
Construction
Ticker Symbol & Exchange
PHOENIXLTD (NSE)
Revenue (2025)
$507.6M
-4.1%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-10.5%
(2025 vs 2024)
Market Cap*
$7.2B
Net Profit Margin (2024)
XYZ
-6.6%
(2025 vs 2024)
* As of and is in US$
The Phoenix Mills Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Ownership, Management and Development of Retail-led Mixed-Use Properties |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Corporate Changes/Expansions | In December, Bellona Hospitality launched its two flagship restaurants, Ishaara and Cha. |
| 2025 | Acquisitions/Mergers/Takeovers | In July, the company acquired the remaining 49% stake in Island Star Mall Developers Pvt Ltd from CPP Investments for INR54.50 billion. |
| 2024 | Asset Purchase | In August, the company acquired a city-centric land parcel in Coimbatore, Tamil Nadu, India. |
Competitor Comparison
| Key Parameters | The Phoenix Mills Ltd | Prestige Estates Projects Ltd | Brigade Enterprises Ltd | Nexus Select Trust | Peninsula Land Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Bengaluru | Bengaluru | Mumbai | Mumbai |
| State/Province | Maharashtra | Karnataka | Karnataka | Maharashtra | Maharashtra |
| No. of Employees | 116 | 11,092 | 1,351 | 601 | 200 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Atul Ashokkumar Ruia | Chairman | Executive Board | - | - |
| Shishir Shrivastava | Vice Chairman | Executive Board | 2025 | 47 |
| Rashmi Sen | Chief Executive Officer - Malls; Director | Executive Board | 2023 | - |
| Rajesh Kulkarni | Chief Executive Officer - Projects Delivery and Architecture; Director | Executive Board | 2014 | 52 |
| Varun Chhibber | Chief Executive Officer - Hotels; President - Malls | Senior Management | 2026 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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