Euphoria Infotech India Limited share price target 2024, 2025,2026, 2027 to 2030

In this article, we delve into a comprehensive analysis of Euphoria Infotech India 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.

Share Price

Euphoria Infotech, which debuted on the stock exchange on January 30, 2024, opened at ₹190, marking a significant gain of 90% from its offer price range of ₹96 to ₹100. However, by the end of trading on January 31, 2024, the stock price closed at ₹172, experiencing a lower circuit of -5%.

About

Euphoria Infotech (India) Limited, based in Kolkata, West Bengal, is a full-stack IT and ITes solutions provider. The company offers a diverse range of services, categorized into five main areas: customized software development, e-commerce solutions, IoT integration, Artificial Intelligence, and Machine Learning applications.

Specializing in tailored web application development, Euphoria Infotech serves a wide array of industries and the general public. Its portfolio includes applications such as Online Recruitment, Urban Local Body services, University management systems, Online Ticket Booking Systems, and E-commerce platforms. Additionally, the company excels in creating IoT-based dashboards for industries like Sewerage Treatment Plants (STP) and other sector-specific requirements.

Euphoria Infotech is also actively engaged in developing innovative products for the education sector and citizen-centric services. Through its consultation services, the company assists clients across various domains in conceptualizing, implementing, and maintaining customized software solutions to enhance efficiency and foster business growth.

Founded May 2001
Listing Date30 Jan 24
Co-founder & MDSHAMBA BHANJA
SectorIT- Solution
HeadquartersWest Bengal, India
Official Website euphoriainfotech.com

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Financial Details

As of January 31, 2024, the market capitalization of the company stands at ₹50.0 crores, indicating the total market value of its outstanding shares.

The stock’s price-to-earnings (P/E) ratio is at 38.5, suggesting investors are willing to pay ₹38.5 for every ₹1 of earnings per share.

The return on capital employed (ROCE) is impressive at 43.0%, reflecting the company’s efficiency in generating profits from its capital investments.

Similarly, the return on equity (ROE) is also noteworthy at 37.7%, indicating the company’s ability to generate profit from shareholders’ equity.

Regarding the company’s capital structure, the debt-to-equity ratio is at 0.45, indicating a moderate level of debt compared to equity. The total debt of the company amounts to ₹2.14 crores, suggesting a manageable level of financial leverage.

Institutional investors, including foreign institutional investors (FIIs) and domestic institutional investors (DIIs), hold a relatively small stake in the company, with FIIs holding 0.5% and DIIs holding 0.37%.

Promoters maintain a significant stake in the company, with promoter holdings at 63.64%, indicating their confidence and long-term commitment to the company’s growth and success. Public holdings stand at 35.49%, reflecting the ownership stake held by individual and institutional investors other than promoters.

The company has reported an impressive earnings per share (EPS) of ₹6.69, indicating its profitability on a per-share basis. Additionally, the company has demonstrated robust sales growth of 58.5%, indicating strong demand for its products and potential for future revenue expansion.

Market Cap₹ 50.0 CrStock P/E38.5
ROCE43.0 %ROE37.7 %
Debt to equity0.45Debt₹ 2.14 Cr
FII Holding0.5%DII Holding0.37%
Promoter Holdings63.64%Public Holdings35.49%
EPS₹ 6.69Sales growth 58.5 %
as of 31 Jan 2024

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Financial Statement

As of January 31, 2024, the company’s financial performance shows a positive trend over the past three years.

Net sales have experienced consistent growth, increasing from ₹4.65 crores in 2022 to ₹7.37 crores in 2023, with an intermediate figure of ₹5.55 crores in 2021, indicating an upward trajectory in revenue generation.

Correspondingly, expenses have also risen in line with the growth in net sales, reaching ₹5.22 crores in 2023 compared to ₹4.40 crores in 2022, with an intermediate figure of ₹4.97 crores in 2021.

Despite the increase in expenses, the company has managed to sustain profitability, with a notable improvement in profit after tax. In 2023, the profit after tax stood at ₹1.30 crores, representing a significant rise from ₹0.20 crores in 2022, with an intermediate figure of ₹0.26 crores in 2021.

This indicates the company’s effective cost management and improved operational efficiency, contributing to enhanced bottom-line performance. Overall, the financial results reflect a positive trajectory, characterized by increasing sales revenue and improved profitability over the period.

Particulars202320222021
Net Sales7.374.655.55
Expenses5.224.404.97
Profit After Tax1.300.200.26
as of 31 Jan 2024 (₹ amount in crores)

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Table of Euphoria Infotech India Share Price Target

YearMin TargetMax Target
2024₹190₹210
2025₹214₹232
2026₹238₹256
2027₹266₹282
2028₹287₹301
2029₹308₹334
2030₹348₹396
as of 31 Jan 24

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Euphoria Infotech India share price target in 2024:

  • Minimum Target: ₹190
  • Maximum Target: ₹210

In the upcoming year, the company is anticipated to maintain a price range between ₹190 and ₹210

Euphoria Infotech India share price target in 2025:

  • Minimum Target: ₹214
  • Maximum Target: ₹232

Moving into 2025, the projected price range widens, reaching between ₹214 and ₹232.

Euphoria Infotech India share price target in 2026:

  • Minimum Target: ₹238
  • Maximum Target: ₹256

Further into the future, specifically in 2026, the anticipated price range expands to ₹238 to ₹256.

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Euphoria Infotech India share price target in 2027:

  • Minimum Target: ₹266
  • Maximum Target: ₹282

By 2027, the company’s share price is expected to aim for a range of ₹266 to ₹282.

Euphoria Infotech India share price target in 2028:

  • Minimum Target: ₹287
  • Maximum Target: ₹301

Looking ahead to 2028, the minimum and maximum targets extend to ₹287 and ₹301, respectively.

Euphoria Infotech India share price target in 2029:

  • Minimum Target: ₹308
  • Maximum Target: ₹334

In the long term, by 2029, the company is anticipated to potentially reach a price range between ₹308 and ₹334

Euphoria Infotech India share price target in 2030:

  • Minimum Target: ₹348
  • Maximum Target: ₹390

Projected into 2030, the minimum and maximum targets suggest a potential price range of ₹348 to ₹390

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Positive and Negative Points of Euphoria Infotech India Ltd

Positive:

  • The company has seen a notable increase in promoter holding, rising by 13.9% compared to the previous quarter.
  • Sales growth has demonstrated robust performance, surpassing 58.5%.

Negative:

  • Despite positive performance indicators, there are concerns regarding the potential overvaluation of the company against its financial metrics.

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.

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