Have you ever heard about basmati rice? Of course, everyone knows about basmati rice, which is made by Mishtann Foods. Mishtann Foods Share Price Target 2023-2025-2030-2040-2050
Are you looking for investment in Mishtann Foods? if yes, then this article is for you. In this, we are doing a fundamental analysis of the Misthan foods. Based on the stock’s previous return we are going to predict Misthan Food’s share price target for 2023 2025 and 2050.
In the article, you have a full understanding of the Misthan food company. How much should you invest in the company? What are the company’s strengths and weaknesses and what are the risk factor related to this company when you invest in this company?
Mishtann Foods Company Overview
Mishtann Foods was incorporated in 1981 as the name of his cement private limited company that is starting making cement. 3 January 2015 promoter took over the management and changed the name to Mishtann foods limited now this is an agro product company involved in the manufacturing processing of trading of rice wheat and other food grains with its primary focus on a brand basmati rice.
| Company Name | Mishtann Foods Ltd |
| Market Cap | ₹ 1,385 Cr |
| P/E Ratio | 12.85 |
| Sector P/E | 69.02 |
| Debt | ₹ 40.63 Cr |
| Cash | ₹ 0.24 Cr |
| Sale Growth | 42.02% |
| PROFIT GROWTH | 4,181.77 % |
| ROE | 36.71 % |
| Website | http://www.mishtann.com/ |
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Mishtann Foods stock’s past 3-month return is 89.19% which is really good if the stock gives the same return in upcoming months. Mishtann Food’s share price target in 2023 is ₹26.27.
The past year’s return of Misthann food is 53.84%. Mishtann Food’s share price target in 2025, if the stock gives the same return, is ₹40.19.
As of now the stock is currently trading at the 52-week high is 14.79. and the stock trading is 13.83 rupees from there the stock may be correct a little bit. After that, they can show a good move.
Part 3-year return is 169.85%. from this side, the stock price would reach ₹108.11.
The company mainly generates 100% revenue from India.
For investing in 2014 in that point of you we have to look at the company’s distribution network.
- They have a fully automatic processing plant located in Gujarat with a capacity of 45 metric tons per hour which is an end-to-end rice processing facility.
- The company is also sourcing the grain apan throwing a simple cash-and-carry model.
Mishthan share price target for 2040 is approx 192 to Rs 220.
Mishtann Foods is planning to increase its presence on a leading online grocery platform to further trade its product into urban pockets
- Companies sign MoU with the government of Gujarat on 27th December 2021 for a proposal of manufacturing of the grains based ethanol.
- The total project cost is estimated to be 2,250 crores
| Years | Mishtann Foods Share Price Target |
| 2023 | Rs 26.27 |
| 2025 | Rs 40.19 |
| 2030 | Rs 108.11 |
| 2040 | Rs 192 to Rs 220 Approx |
| 2050 | Rs 360 Approx |
Mishtann Foods Strengths and Weaknesses
Strength
- Company sales are increasing year on year.
- The net income grows higher than the industries income
- Fast five years in, the market share has increased from 0.48% to 0.60%.
- FII increase their holding by 1.13%
Weaknesses
- The company has a negative free cash flow of -11.53 crores.
- Companies revenue for the past 3 years is 10.91% but the industry is 11.87%
- The promoter holding is increased by 1.2%
Experts’ Opinion on Misthann Foods
- According to the money control analysis test 85% of investor police on the stock and 12% are there bearish on this Stock
Personal opinion
Stock P/E is 12.83 which is good and the stock returns are also decent. Is financially stable and the valuation of stock is fair so the stock could be good for investment purposes sales and the ROE of stock is good.
Conclusion
As you all go through the share price target and the company’s strengths and weaknesses and you all know the company’s financial key metrics. Currently, the stock is trading at its 52-week high if you want to go to the safe side and wait for the correction in the stock.
FAQ
Is Mishtann Foods a good buy for the long term?
Yes, this can be good for the long term. The company’s balance sheet is good and its operating profit.
What is the business of Mishtann Foods?
The company is in the business of making a rise. The company is famous for BASMATI RICE.
What is the 52-week high low of Mishtann Foods?
52-week high ₹ 14.79 and 52 week Low ₹ 7.09.
What is Market Cap Mishtann Foods?
Mishtann Foods’ market cap is ₹ 1,385 Cr.