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The Phoenix Mills Ltd: Overview

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The Phoenix Mills Ltd (Phoenix Mills) is an investment holding company. Its business activities include real estate development, planning, execution, marketing, management, maintenance and sales 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 include 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.

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Headquarters India

Address It 14-15, Epip, Sitapura, Mumbai, Maharashtra, 400011


Telephone 91 22 30016600

No of Employees 116

Industry Construction

Ticker Symbol & Exchange PHOENIXLTD (NSE)

Revenue (2025) $455.8M -4.1% (2025 vs 2024)

EPS XYZ

Net Income (2025) XYZ -10.5% (2025 vs 2024)

Market Cap* $6.9B

Net Profit Margin (2025) XYZ -6.6% (2025 vs 2024)

* As of and is in US$
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The Phoenix Mills Ltd premium industry data and analytics

9

Construction Projects

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2

Project Contacts

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1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on The Phoenix Mills Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services
Ownership, Management and Development of Retail-led Mixed Use Properties
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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.
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Competitor Comparison

Key Parameters The Phoenix Mills Ltd Brigade Enterprises Ltd Peninsula Land Ltd HB Estate Developers Limited Satra Properties (India) Ltd
Headquarters India India India India India
City Mumbai Bengaluru Mumbai Gurgaon Mumbai
State/Province Maharashtra Karnataka Maharashtra Haryana Maharashtra
No. of Employees 116 1,138 200 260 74
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Atul Ruia Chairman Executive Board - -
Shishir Shrivastava Vice Chairman Executive Board 2025 47
Bhavik Manilal Gala Secretary Senior Management 2026 -
Varun Chhibber Chief Executive Officer - Hotels; President - Malls Senior Management 2026 -
Mayank Lalpuria Director - Marketing - North, Central and West Senior Management 2025 -
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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