Today we are going to discuss Surat Textile Share Price Target. Hello, friends in this article we are going to discuss Surat Textile Mills Limited. And fundamental analysis of Surat textile company.
Surat Textile Company Overview
Surat Textile is in the business of manufacturing the textile and this companies part of the garden group.
| Company Overview | Surat Textile Mills Ltd |
| Number of Shares | 22.20 Cr |
| Debt | ₹ 0 Cr |
| P/E Ratio | 61.35 |
| Market Cap | ₹ 186.28 Cr |
| Cash | ₹ 1.39 Cr |
| 52 Week High-Low | ₹ 12.47/₹ 5.80 |
| Website | http://www.surattextilemillsltd.com/ |
Sure textile variety of the product like polyester chip parsley oriented yarn mono-ethnic glycerin purified para click acid contributes 100% of revenue. Surat Textile Share Price Target for 2025 is Rs 7.
Surat textile pass 1 year return hour minus 22.43% is not good but if you see in the long term like 5 years then there is 121.43% of return in the last 5 years.
If you consider the last 5-year return then the calculated target price for 2030 is ₹ 18.
If we see the revenue speed in the financial year 2021 then the domestic is 99% and only one percent in export means the companies most of the revenue generated in India. The company invested 11 crores in UP Power corporation limited bonds and Bank of Baroda bonds 24 crores in a different mutual fund.
Target our Surat textile in 2040 is if we consider the last 5-year return then the target price in 2040 of Surat textile is Rs 87.
In the past 2 years, Surat Textile’s free cash flow is continuously reducing. That is a red sign for the company and if we see the income of the company this is also decreasing revenue by 4.77% in this year.
If not company does not have a healthy balance sheet as you see the balance sheet then you will find there is revenue is dropping year by year operating profit is dropping year by year and the net profit is also dropping year by year and sales and profit growth with also dropping.
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Surat Textile’s share price target in 2050 is Rs 424.
| Years | Target (Approx) |
| 2025 | Rs 7 |
| 2030 | Rs 18 |
| 2040 | Rs 87 (Estimated) |
| 2050 | Rs 424 (Approx) |
Note:- the predictive shade price is based on the company’s last 5 year written If a company give the same returns in an upcoming year then the share price target as mentioned above in a sheet. As the company doing in the past 3 years and if this will continue then the share price maybe change.
The good thing is that as a penis talk there they have 68.45 for motor holding but if you see the past promoter holding this is decreasing and the public increasing their holding if you see the FII is DII is they have zero holding which is a red sign for a company.
| Holders | Percentage of holding (Mar 2023) |
| Promoters | 68.45% |
| Public | 31.56% |
Conclusion
As the company balance sheet is not good and the if you see the other prospect that is also not good company don’t have cash and their early returns in sales is also bad if you see sales growth in the past 3 year that is -48% that is used in the profit reduce in past 3 year is -26%. These are the red alert for any company if their sales are dropping and compounding growth is dropping.
FAQ
Is Surat textile share a good buy?
Surat textile has poor efficiency. stock is high valuation.
Is Surat Textile debt free?
Yes, Surat Textile is debt free Company.
How big is the Surat textile market?
Surat Textile market is ₹ 186.28 Cr.
What will the share price of Surat Textile in 2025?
Surat Textile Share Price Target for 2025 is Rs 7
What will the share price of Surat Textile be in 2030?
Surat Textile Share Price Target for 2025 is Rs 18.
What will the share price of Surat Textile be in 2040?
Surat Textile Share Price Target for 2025 is Rs 87.