In this article, we delve into a comprehensive analysis of Gabriel Pet Straps Limited 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
The company is involved in the manufacturing and sale of Pet Straps which are extensively utilized in the packaging of heavy materials. The company produces Pet Straps with widths ranging from 9mm to 32mm and thicknesses from 0.70mm to 1.30mm.
The Pet Straps are manufactured using a blend of virgin content raw materials, including hot-washed PET bottle flakes, and non-virgin content raw materials, such as recycled PET straps grinding.
| Founded | November 12, 2020 |
| Listing Date | 07 Feb 2024 |
| Chairman & MD | Mr. Shah Jay Pareshbhai |
| Sector | Textile- ManMade |
| Headquarters | Jamnagar, Gujarat |
| Official Website | gabrielpetstraps.com |
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Financial Details
As of February 8, 2024, the company’s market capitalization stands at ₹33.6 crore. Despite a relatively high stock price-to-earnings ratio of 197, indicating a potentially overvalued stock, the company demonstrates robust financial performance.
With a return on capital employed (ROCE) of 23.99% and a return on equity (ROE) of 46.89%, the company efficiently utilizes its capital to generate profits for shareholders.
However, its debt level is notable, with a debt-to-equity ratio of 3.11 and a total debt of ₹6.31 crore, which warrants attention.
On the ownership front, promoters hold a substantial stake of 69.85%, instilling confidence in the company’s management. Retail investors also have significant participation, holding 29.92% of the company’s shares.
Earnings per share (EPS) stands at ₹9.21, reflecting the company’s profitability. Furthermore, the company has exhibited impressive sales growth of 54%, signaling positive momentum in its operations.
| Market Cap | ₹ 33.6 Cr | Stock P/E | 197 |
| ROCE | 23.99% | ROE | 46.89% |
| Debt to equity | 3.11 | Debt | ₹6.31Cr |
| Promoter Holdings | 69.85% | Retail Holdings | 29.92% |
| EPS | 9.21 | Sales Growth | 54% |
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Financial Statement
| Particulars | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net Sales | 15 | 9.68 | 0.07 |
| Profit After Tax | 0.51 | -0.03 | 0.0 |
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Gabriel Pet Straps Share Price Target 2024, 2025, 2026 to 2030
| Year | Min Target | Max Target |
|---|---|---|
| 2024 | ₹ 140 | ₹ 148 |
| 2025 | ₹ 152 | ₹ 160 |
| 2026 | ₹ 164 | ₹ 173 |
| 2027 | ₹ 178 | ₹ 189 |
| 2028 | ₹ 193 | ₹ 205 |
| 2029 | ₹ 209 | ₹ 221 |
| 2030 | ₹ 228 | ₹ 242 |
As of February 8, 2024, complete details are not yet accessible, indicating that the provided targets above could undergo revisions in the forthcoming months or following the release of the next quarterly report. Notably, Garbriel Pet Straps’ share price concluded at ₹127 on February 8, 2024, reflecting a gain of 4.97%.
As of February 8, 2024, the projected targets for Garbriel Pet Straps’ share price are outlined for the years ahead.
In 2024, the anticipated share price range spans from ₹140 to ₹148. Subsequent years demonstrate a progressive increase, with 2025 aiming for a range between ₹152 and ₹160, followed by ₹164 to ₹173 in 2026.
The targets continue to ascend steadily, reaching ₹178 to ₹189 in 2027, ₹193 to ₹205 in 2028, ₹209 to ₹221 in 2029, and finally, ₹228 to ₹242 by the year 2030. These targets provide a trajectory of anticipated growth in the company’s share price over the specified timeframe.
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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.
