In this article you get to know insight about Ajanta Soya Share Price Target, Ajanta Soya Limited is a prominent Indian company that specializes in the refining and processing of edible oils. Renowned for its extensive range of high-quality edible oil products catering to both consumer and industrial demands, Ajanta Soya stands out in the market. The company operates cutting-edge manufacturing facilities that adhere to rigorous quality standards, utilizing advanced technologies for oil extraction, refining, and packaging.
Variety of Edible Oils
Ajanta Soya offers a diverse array of edible oil variants, including soybean oil, sunflower oil, palm oil, and mustard oil, all known for their purity and nutritive value. The company is dedicated to delivering top-notch products to its customers while ensuring strict compliance with food safety regulations.
Fundamental Insights:
| Market Cap | ₹223 Crores |
| P/E Ratio | 98.86 |
| Return on Equity (ROE) | 1.80% |
| Earnings per Share (EPS) | ₹0.28 |
| Dividend Yield | Not Applicable |
| Book Value | ₹15.63 |
| Debt | ₹1.09 Crores |
| Debt to Equity Ratio | 0.01 |
Financial Trends:
In 2019, Ajanta Soya recorded revenues of ₹695 Crores, with a loss of ₹-0.4 Crores. The following year, 2020, saw revenues rise to ₹760 Crores, accompanied by a profit of ₹9.8 Crores. The positive trend continued in 2021, with a profit of ₹25.14 Crores and revenues of ₹931 Crores. As of 2022, the company reported a profit of ₹42.2 Crores and revenues of ₹1345 Crores.
Share Price Targets:
| Year | First Target (INR) | Second Target (INR) |
| 2023 | ₹29 | ₹31 |
| 2024 | ₹35 | ₹37 |
| 2025 | ₹43 | ₹46 |
| 2026 | ₹52 | ₹56 |
| 2027 | ₹64 | ₹70 |
| 2028 | ₹79 | ₹87 |
| 2029 | ₹102 | ₹114 |
| 2030 | ₹125 | ₹150 |
Ajanta Soya Share Price Targets:
2023: The share price has experienced a significant decline, with expectations of a further 10% to 20% drop. With a -44% return over the past year and -27% in the last six months, it is projected that the Ajanta Soya Share Price Target for 2023 could be ₹29, with a second target of ₹31.
2024: Historical returns from 1995 to 2023 average at an impressive 2285%. This suggests potential returns of approximately 20% to 25% for 2024, with an Ajanta Soya Share Price Target of ₹35 and a second target of ₹37.
2025: Weak fundamentals, including a high P/E ratio of 101 and low ROE (1.80%) and EPS (0.28), may lead to limited growth. Consequently, the Ajanta Soya Share Price Target for 2025 is estimated at ₹43, with a second expected target of ₹46.
2030: Despite some past losses, Ajanta Soya has been consistently profitable and has shown growth in net worth and revenue. Considering these factors, the first and second Ajanta Soya Share Price Targets for 2030 could be ₹125 and ₹250, respectively. However, it’s important to note that this is a penny stock, and thorough research is advised due to the higher associated risks.
Conclusion:
The FMCG industry is experiencing rapid growth, presenting potential opportunities for companies operating in this sector. If considering an investment in Ajanta Soya shares, it’s essential to note that the company’s financials are gradually improving, making it more suitable for long-term investment strategies rather than quick profit expectations. Always conduct thorough stock analysis or consult a financial advisor before making any investment decisions.
FAQs:
When is it right to invest in Ajanta Soya shares?
Investing in Ajanta Soya shares is opportune when they are undervalued or if the stock experiences a slight decline. Consider a strategy of investing a small amount regularly to mitigate risk.
Is Ajanta Soya a debt-free company?
No, Ajanta Soya has a significant debt of ₹1.09 Crores, with a debt-to-equity ratio of 0.01.
DISCLAIMER: Investing in the stock market carries inherent market risks. It is essential to thoroughly review all scheme-related documents prior to making any investment decisions.