Esconet Technologies share price target 2024, 2025, 2026, 2027 to 2030

In this article, we delve into a comprehensive analysis of Esconet Technologies 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

Founded in 2012, Esconet Technologies Private Limited provides a wide range of IT solutions. From supercomputing to data center services like storage and security, we cater to SMEs, large enterprises, and public sector clients. Through our subsidiary, ZeaCloud Services, we also offer cloud solutions for modern technology needs.

Product Portfolio

Servers and Graphics Workstations
Comprehensive Data Storage Solutions
Virtualization Software
Backup and Disaster Recovery Solutions
Data Centre and Access Networks
Advanced Software Defined Networks
Network Security Tools
Email Communication Systems
Databases with High Availability
Log Management and Analytics Software

Collab With Nvidia

In response to the Indian market’s needs, Esconet launched HexaData, a brand focusing on high-performance servers, workstations, and storage systems. Furthermore, Esconet’s partnership with NVIDIA has bolstered our presence in Artificial Intelligence (AI) and Machine Learning (ML), improving our servers and workstations.

Founded	2012
Listing Date	23 Feb 2024
CEO & MD	Mr. Santosh Kumar Agrawal
Sector	IT- Solutions
Headquarters	New Delhi
Official Website	esc.co.in

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Financial Details

As of February 25, 2024, the market capitalization of the company stands at ₹341 crore.

The stock’s price-to-earnings (P/E) ratio is 112, indicating a relatively high valuation compared to earnings.

The Return on Capital Employed (ROCE) is robust at 59.11%, suggesting efficient utilization of capital for generating profits.

Similarly, the Return on Equity (ROE) is impressive at 75.54%, reflecting strong returns for shareholders.

The debt-to-equity ratio is 1.99, indicating that the company relies moderately on debt financing. The total debt of the company amounts to ₹11.0 crore.

Promoter holding in the company stands at 64.9%, indicating a significant stake held by the promoters. Public holding constitutes 25.1% of the company’s ownership structure. The earnings per share (EPS) as of February 25, 2024, is ₹41.5.

Market Cap	₹ 341 Cr	Stock P/E	112
ROCE	59.11%	ROE	75.54%
Debt to equity	1.99	Debt	₹ 11.0 Cr.
Promoter Holding	64.9 %	Public Holding	25.1%
EPS	₹ 41.5

as of 25 Feb 2024

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Financial Statement

Particulars	Sep 2023	Mar 2023
Net Sales	71.42	96.59
Expenses	66.23	90.18
Profit After Tax	3.05	3.18

as of 25 Feb 2024 (₹ amount in crores)

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Year	Min Target	Max Target
2024	₹365	₹420
2025	₹483	₹555
2026	₹638	₹734
2027	₹844	₹971
2028	₹1,117	₹1,285
2029	₹1,478	₹1,700
2030	₹1,955	₹2,248

as of 25 Feb 24

As of February 25, 2024, the company’s share price projections indicate a steady growth trajectory over the coming years. In 2024, the minimum target share price is estimated at ₹365, while the maximum target stands at ₹420.

Looking ahead to 2025, the share price is expected to further increase, with a minimum target of ₹483 and a maximum target of ₹555.

This upward trend continues through the subsequent years, with projected minimum and maximum target share prices for 2026 at ₹638 and ₹734, respectively.

By 2027, the share price is anticipated to reach a minimum target of ₹844 and a maximum target of ₹971.

In 2028, the projected share price range widens, with a minimum target of ₹1,117 and a maximum target of ₹1,285.

The upward trajectory persists into 2029 and 2030, with projected minimum and maximum target share prices increasing to ₹1,478-₹1,700 and ₹1,955-₹2,248, respectively.

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.