In this article, we delve into a comprehensive analysis of Epack Durable Ltd share price targets for the years 2024, 2025, 2026, 2027, 2030, 2040, and 2050. Our examination spans various perspectives, including financial metrics, fundamental analysis, technical analysis, and more.
Table of Contents
About
Established in 2019, Epack Durable specializes as an Original Design Manufacturer (ODM) of room air conditioners (AC) and various domestic appliances. Its diverse product range encompasses indoor AC units, outdoor AC units, window AC units, as well as small household appliances like induction cooktops, mixer grinders, and water dispensers. Additionally, the company manufactures essential electrical components including heat exchangers, copper tubing, PCBA (Printed Circuit Board Assembly), universal motors, sheet metal, plastic molding, cross-flow fans, and induction coils.
Competitors
- Dixon Technologies Ltd
- PG Electroplast Ltd
- Elin Electronics Ltd
- Amber Enterprises India Ltd
| Founded | 2019 |
| Listing Date | 30 Jan 24 |
| Chairman & MD | Mr. Ajay DD Singhania |
| Sector | Electrical Equipments |
| Headquarters | Greater Noida, UP |
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Financial Details
As of January 28, 2024, following its listing, Epack Durable Ltd demonstrates a promising market performance. with a market Cap of ₹ 2,003 Cr
The company showcases a Stock P/E of 60.5, indicating company might be overvalued at the current price.
Moreover, Epack Durable Ltd Return on Capital Employed (ROCE) at 11.85%, reflecting its efficient utilization of capital resources to generate profits. However, It is below our benchmark of minimum of 15%.
The Return on Equity (ROE) stands at 14.68%, is below our benchmark of 15%.
However, Epack Durable Ltd with a Debt to Equity ratio of 0.90, carries risk for investors. The company’s total debt amounts to ₹ 430 Cr, indicating its financial obligations.
Despite this, Epack Durable Ltd reports a positive Earnings per Share (EPS) of 0.55, which is very low compared to its competitors.
Furthermore, the company demonstrates robust Sales growth at 66.5%, showcasing its ability to increase revenue over the specified period.
| Market Cap | ₹ 2,003 Cr | Stock P/E | 60.5 |
| ROCE | 11.85% | ROE | 14.68% |
| Debt to equity | 0.90 | Debt | ₹ 430 Cr |
| EPS | 0.55 | Sales growth | 66.5% |
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Financial Statement
As of January 28, 2024, Epack Durable Ltd’s financial performance across several key metrics reveals notable trends. In September 2023, the company recorded a Net Sales figure of ₹616.32 crores, indicating a substantial decrease compared to March 2023, when the figure stood at ₹1,540.25 crores.
However, it reflects a significant improvement from March 2022 and March 2021, where the Net Sales were ₹927.34 crores and ₹739.66 crores, respectively.
Similarly, the Profit After Tax (PAT) for September 2023 amounted to ₹2.65 crores, reflecting a decrease from March 2023, which reported a PAT of ₹31.97 crores.
Nevertheless, it demonstrates an increase compared to March 2022 and March 2021, with PAT figures of ₹17.43 crores and ₹7.80 crores, respectively.
| Particulars | Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|
| Net Sales | 616.32 | 1,540.25 | 927.34 | 739.66 |
| Expenses | 578 | 1,437 | 855 | 694 |
| Profit After Tax | 2.65 | 31.97 | 17.43 | 7.80 |
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Table of Epack Durable Ltd Share Price Target
Epack Duarble Ltd is expected to be listed at the price of ₹250 to ₹260 with at 10% gain against offer price of ₹230. According to our analysis below is the price prediction table for year 2024 to 2030.
| Year | Min Target | Max Target |
|---|---|---|
| 2024 | ₹250 | ₹270 |
| 2025 | ₹290 | ₹320 |
| 2026 | ₹336 | ₹360 |
| 2027 | ₹370 | ₹390 |
| 2028 | ₹405 | ₹430 |
| 2029 | ₹445 | ₹486 |
| 2030 | ₹510 | ₹550 |
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Epack Durable Ltd share price ltd in 2024:
- Minimum Target: ₹250
- Maximum Target: ₹270
In the upcoming year, the company is anticipated to maintain a price range between ₹250 and ₹270.
Epack Durable Ltd share price target in 2025:
- Minimum Target: ₹290
- Maximum Target: ₹320
Moving into 2025, the projected price range widens, reaching between ₹290 and ₹320.
Epack Durable Ltd share price target in 2026:
- Minimum Target: ₹336
- Maximum Target: ₹360
Further into the future, specifically in 2026, the anticipated price range expands to ₹336 to ₹360.
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Epack Durable Ltd share price target in 2027:
- Minimum Target: ₹370
- Maximum Target: ₹390
By 2027, the company’s share price is expected to aim for a range of ₹370 to ₹390.
Epack Durable Ltd share price target in 2028:
- Minimum Target: ₹405
- Maximum Target: ₹430
Looking ahead to 2030, the minimum and maximum targets extend to ₹405 and ₹430, respectively.
Epack Durable Ltd share price target in 2029:
- Minimum Target: ₹445
- Maximum Target: ₹486
In the long term, by 2040, the company is anticipated to potentially reach a price range between ₹445 and ₹486.
Epack Durable Ltd share price target in 2030:
- Minimum Target: ₹510
- Maximum Target: ₹550
Projected into 2050, the minimum and maximum targets suggest a potential price range of ₹510 to ₹550.
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Positive and Negative Points of Epack Durable Ltd
Positive
- High revenue and profit growth over past three years.
- Key manufactures in fast growing room air conditioner.
Negative
- Debt to equity ratio is more than our max benchmark of 0.75(lower the better)
- Earning per share is low compared to its competitors.
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.
FAQs
Q1: What is the projected price target range for Epack Durable Ltd in 2024?
In 2024, Epack Durable Ltd’s share price is expected to range between ₹250 and ₹270.
Q2: What are the anticipated price targets for Epack Durable Ltd in 2025?
For 2025, the projected share price target widens to a range of ₹290 to ₹320.
Q3: What are the forecasted price targets for Epack Durable Ltd in 2026?
Moving into 2026, the anticipated share price target extends between ₹336 and ₹360.
Q4: What is the expected price range for Epack Durable Ltd in 2027?
By 2027, the company’s share price is projected to aim for a range of ₹370 to ₹390.
Q5: What are the estimated price targets for Epack Durable Ltd in 2028?
Looking ahead to 2028, the minimum and maximum share price targets are projected to be ₹405 and ₹430, respectively.
Q6: What is the long-term price target for Epack Durable Ltd in 2029?
In the long term, specifically by 2029, the company is anticipated to potentially reach a price range between ₹445 and ₹486.
Q7: What is the long-term price target for Epack Durable Ltd in 2030?
Projected into 2030, the minimum and maximum share price targets suggest a potential price range of ₹510 to ₹550.
