HRH Next Services Limited share price target 2024, 2025, 2026 to 2030

In this article, we delve into a comprehensive analysis of HRH Next Services 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.

About

Established in February 2007, HRH Next Services Limited is a prominent business process outsourcing service provider. The company offers a comprehensive range of services, including Inbound Call Service, Outbound Call Service, voicebots, chatbots, premium vernacular services, contact call center, omnichannel solutions, digital BPO, speech analytics, and more.

Founded	Feburary 2007
NSE Symbol	HRHNEXT
Listing Date	03 Jan 2024
CEO & MD	Ankit Shah
Sector	IT Software
Headquarters	Hyderabad, Telangana

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Financial Details

As of January 29, 2024, the market capitalization of the company stands at ₹38.4 crores. The stock’s Price-to-Earnings (P/E) ratio is 11.0, reflecting the market’s valuation of the company’s earnings.

The Return on Capital Employed (ROCE) is notably high at 36.8%, indicating efficient utilization of capital to generate profits.

Additionally, the Return on Equity (ROE) is impressive at 40.0%, indicating the company’s ability to generate returns for its shareholders.

The Debt-to-Equity ratio is favorable at 0.95, suggesting a balanced capital structure with moderate debt levels relative to equity. The total debt of the company is ₹9.90 crores.

Earnings per share (EPS) stand at ₹174, reflecting the company’s profitability on a per-share basis.

Furthermore, the company has achieved a solid sales growth rate of 15.8% over the specified period, indicating an increase in revenue.

Market Cap	₹ 38.4 Cr	Stock P/E	11.0
ROCE	36.8 %	ROE	40.0 %
Debt to equity	0.95	Debt	₹ 9.90 Cr
EPS	₹ 174	Sales growth	15.8 %

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Financial Statement

As of January 29, 2024, the financial performance of the company across key metrics reveals notable trends. In 2023, the company reported a substantial increase in Net Sales, reaching ₹51.14 crores, compared to ₹44.15 crores in 2022 and ₹24.16 crores in 2021.

However, Expenses also increased in 2023, amounting to ₹43.77 crores, up from ₹41.27 crores in 2022 and ₹22.64 crores in 2021.

Despite higher expenses, the company achieved a Profit After Tax (PAT) of ₹3.48 crores in 2023, significantly higher than the previous years’ PAT of ₹0.93 crores in 2022 and ₹0.25 crores in 2021.

Particulars	2023	2022	2021
Net Sales	51.14	44.15	24.16
Expenses	43.77	41.27	22.64
Profit After Tax	3.48	0.93	0.25

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Table of HRH Next Services Ltd Share Price Target

As of January 29, 2024, HRH Next’s stock closed at ₹41.6, reflecting a decrease of approximately 27.80% from its all-time high. In this analysis, we will evaluate the stock’s future performance for the upcoming years.

Year	Min Target	Max Target
2024	₹50	₹58
2025	₹65	₹80
2026	₹86	₹103
2027	₹108	₹127
2028	₹136	₹158
2029	₹166	₹194
2030	₹205	₹234

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HRH Next Services Ltd share price target in 2024:

• Minimum Target: ₹50
• Maximum Target: ₹58

In the upcoming year, the company is anticipated to maintain a price range between ₹50 and ₹58

HRH Next Services Ltd share price target in 2025:

• Minimum Target: ₹65
• Maximum Target: ₹80

Moving into 2025, the projected price range widens, reaching between ₹65 and ₹80.

HRH Next Services Ltd share price target in 2026:

• Minimum Target: ₹86
• Maximum Target: ₹103

Further into the future, specifically in 2026, the anticipated price range expands to ₹86 to ₹103.

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HRH Next Services Ltd share price target in 2027:

• Minimum Target: ₹108
• Maximum Target: ₹127

By 2027, the company’s share price is expected to aim for a range of ₹108 to ₹127.

HRH Next Services Ltd share price target in 2028:

• Minimum Target: ₹136
• Maximum Target: ₹158

Looking ahead to 2027, the minimum and maximum targets extend to ₹136 and ₹158, respectively.

HRH Next Services Ltd share price target in 2029:

• Minimum Target: ₹166
• Maximum Target: ₹194

In the long term, by 2029, the company is anticipated to potentially reach a price range between ₹166 and ₹194.

HRH Next Services Ltd share price target in 2030:

• Minimum Target: ₹205
• Maximum Target: ₹230

Projected into 2030, the minimum and maximum targets suggest a potential price range of ₹205 to ₹230.

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Positive and Negative Points of HRH Next Services Ltd

Positive:

• Strong Annual EPS Growth: The company demonstrates robust growth in Earnings Per Share (EPS) on an annual basis, reflecting its improving profitability over time.
• ROCE of 36.85% is Above Industry Average: The Return on Capital Employed (ROCE) stands at 36.85%, surpassing the industry average of 16.97%, indicating efficient utilization of capital to generate returns.
• ROE of 39.95% is Above Industry Average: The Return on Equity (ROE) is at 39.95%, exceeding the industry average of 13.85%, highlighting the company’s ability to generate profits from shareholders’ equity.

Negative:

• No Holding of Foreign and Domestic Institutional Investors: The absence of holding by Foreign and Domestic Institutional Investors raises concerns about the company’s attractiveness to institutional investors, potentially impacting liquidity and market perception.

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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