Mukka Proteins Limited share price target 2024, 2025, 2026, 2027 to 2030

In this article, we delve into a comprehensive analysis of Mukka Proteins Limited share price targets for the years 2024, 2025, 2026, 2027, 2028, 2029, and 2030. Our examination spans various perspectives, including financial metrics, fundamental analysis, technical analysis, and more.

About

Mukka Proteins Limited is a company that makes animal protein. They mainly produce Fish Meal, Fish Oil, and Fish Soluble Paste. They also work on making alternative proteins like Black Soldier Fly (BSF) Insect meal for animals. The company has been around for 50 years in the Indian Marine Industry.

They were one of the first to set up a fishmeal plant in India. The company wants to be a great place to work. They hire and keep good workers by offering challenging jobs, rewards for good work, and chances to grow. The company have important certifications like EU certification and Chinese AQSIQ listing. The company is also certified under ISO standards.

Founded	March 21, 2003
Listing Date	07 March, 2024
Chairman	Mr. K Abdul Razak
CEO & MD	Mr. K Mohammed Haris
Sector	FMCG-others
Headquarters	Mangaluru, Karnataka
Official Website	mukkaproteins.com

Financial Details

Market Cap	₹1400 Cr	Stock P/E	12.73
ROCE	23.4 %	ROE	35.2 %
Debt to equity	1.80	Debt	₹ 325 Cr
FII Holding	n/a	DII Holding	n/a
EPS	2.00	Sales growth	52.8 %

as of 03 Mar 2024

Financial Statement

Particulars	2023	2022	2021
Net Sales	1,177	770	604
Expenses	1,091	723	582
Profit After Tax	48	26	11

as of 03 Mar 2024 (₹ amount in crores)

Mukka Proteins is expected to be listed on 07 March 2024. It is expected to gain 90% on listing day against its offer price of ₹28. Based on this financial reports we are going to predict the future share price of Mukka Proteins limited.

Year	Min Target	Max Target
2024	₹58	₹67
2025	₹77	₹89
2026	₹102	₹117
2027	₹135	₹155
2028	₹178	₹205
2029	₹236	₹271
2030	₹312	₹359

as of 03 Mar 24

In 2024, the projected share price targets range from ₹58 as the minimum target to ₹67 as the maximum target.

Advancing into 2025, both the minimum and maximum share price targets are expected to experience growth, with projections of ₹77 and ₹89 respectively.

By 2026, the company foresees a continued ascent in share price targets, targeting a minimum of ₹102 and a maximum of ₹117.

Continuing on this upward trend, 2027 forecasts indicate a share price range between ₹135 and ₹155, indicating sustained growth momentum.

In 2028, the company aims for further increases in share price targets, with a minimum of ₹178 and a maximum of ₹205.

By 2029, the projected share price range widens to ₹236 to ₹271, reflecting ongoing confidence in the company’s performance.

Looking ahead to 2030, the share price targets are expected to reach ₹312 for the minimum and ₹359 for the maximum, highlighting the company’s robust long-term growth potential.

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Disclaimer

Investing in stock market is risky and subject to the market condition. This article provides an examination of the company for educational purposes only. We are not SEBI( Stock exchange board of India) registered advisors, and this is not an investment advice. We do not provide tips or calls. Before making any investment decisions, please conduct your own research or consult a qualified financial advisor.