Sona Machinery Limited share price target 2024, 2025, 2026, 2027 to 2030

In this article, we delve into a comprehensive analysis of Sona Machinery 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

Sona Machinery Limited started in 2019 and makes machines for farming. They focus on tools for processing rice, pulses, wheat, spices, and Barnyard Millet.

Their machines include things like cleaners, classifiers, separators, huskers, graders, polishers, conveyors, and elevators.

They sell their machines to countries like Nigeria, Bangladesh, Kenya, and Nepal.

They’re known for having good quality because they have a special accreditation.

Besides making machines, they also help with setting them up and making sure they work right. They help with everything from unloading grains to packing rice.

Founded	January 2003
Listing Date	13 Mar 2024
Chairmen & MD	Vasu Naren
Sector	Engineering
Headquarters	Ghaziabad, Uttar Pradesh
Official Website	sonamachinery.com

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Financial Details

Market Capitalization: The market capitalization stands at ₹300 crores, indicating the total value of the company’s outstanding shares in the market.
Stock Price to Earnings Ratio (P/E): The stock’s P/E ratio is 20.2, suggesting that investors are willing to pay ₹20.2 for every ₹1 of earnings per share.
Return on Capital Employed (ROCE): The company’s return on capital employed (ROCE) is an impressive 112%, highlighting its efficient use of capital to generate profits.
Return on Equity (ROE): The return on equity (ROE) is exceptionally high at 102%, indicating the company’s ability to generate substantial returns for its shareholders.
Debt to Equity Ratio: The debt to equity ratio is 0.22, indicating that the company has only ₹0.22 of debt for every ₹1 of equity.
Total Debt: The total debt of the company is ₹2.53 crores, reflecting its relatively low level of financial obligations.
Foreign Institutional Investors (FII) Holding: FII holding data is not available (n/a), suggesting that information about the percentage of shares held by foreign institutional investors is not provided.
Domestic Institutional Investors (DII) Holding: Similarly, DII holding data is not available (n/a), indicating that information about the percentage of shares held by domestic institutional investors is not provided.
Earnings Per Share (EPS): The company’s EPS is ₹7.08, indicating the portion of profit allocated to each outstanding share.
Sales Growth: The company has experienced substantial sales growth of 82.4% over the specified period, demonstrating its ability to increase revenue significantly.

Market Cap	₹300 Cr	Stock P/E	20.2
ROCE	112 %	ROE	102 %
Debt to equity	0.22	Debt	₹ 2.53 Cr
FII Holding	n/a	DII Holding	n/a
EPS	7.08	Sales growth	82.4 %

as of 06 Mar 24

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Financial Statement

Particulars	2023	2022	2021
Net Sales	80.84	44.32	6.01
Expenses	69.05	38.99	5.60
Profit After Tax	7.71	3.30	0.28

as of 06 Mar 24 (₹ amount in crores)

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Sona machinery is expected to be listed on 13 March 2024. It is expected to gain almost ₹70 (42%) against its offer price of ₹143. Based on the provided data we are going to analyse the company and will try to predict the future share price target of the company.

Year	Min Target	Max Target
2024	₹216	₹231
2025	₹247	₹267
2026	₹286	₹309
2027	₹331	₹357
2028	₹382	₹413
2029	₹442	₹477
2030	₹510	₹551

as of 06 Mar 24

In 2024, the envisioned share price targets range from ₹216 at the bottom end to ₹231 at the top end, indicating an optimistic outlook.

Transitioning into 2025, both the lower and upper share price estimates are poised for growth, with figures of ₹247 and ₹267, respectively, signaling an upward trend.

By 2026, the company anticipates a sustained climb in share price objectives, targeting a minimum of ₹286 and a maximum of ₹309, buoyed by positive market sentiment.

Continuing this momentum, the forecast for 2027 positions the share price within a range of ₹331 to ₹357, underlining the company’s steady ascent.

In 2028, aspirations for even higher share prices emerge, with a projected minimum of ₹382 and a maximum of ₹413, reflecting robust confidence in the company’s performance.

By 2029, the anticipated share price span widens to ₹442 to ₹477, underscoring the enduring belief in the company’s growth trajectory.

Looking onward to 2030, the share price targets are poised to reach ₹510 at the lower end and ₹551 at the higher end, affirming the company’s resilience and long-term potential in the market.

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.