In this article, we delve into a comprehensive analysis of IBL Finance 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
IBL Finance, established in August 2017, initially focused on providing loans to self-employed individuals and small business owners. However, in 2020, the company transitioned to fintech-based financial services. One of its flagship offerings is the “IBL: Instant Personal Loan” app, through which it facilitates instant personal loans of up to ₹50,000 with a repayment tenure of 12 months.
This shift towards fintech services reflects the company’s adaptability to evolving market trends and its commitment to leveraging technology to enhance financial inclusion. Currently, IBL Finance boasts a user base of over 3.5 lakh registered users on its platform, indicating its growing presence and popularity in the digital lending landscape.
| Founded | August 03, 2017 |
| NSE Symbol | IBLFL |
| Listing Date | January 16, 2024 |
| CEO & MD | Mr.Manish Patel |
| Sector | Financing |
| Headquarters | Surat,Gujarat |
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Financial Details
As of January 29, 2024, the company has a market capitalization of ₹159 crore. Despite a relatively high stock price-to-earnings (P/E) ratio of 82.3,
it maintains a healthy Return on Capital Employed (ROCE) of 26.1%, reflecting efficient capital utilization. The Return on Equity (ROE) is at 16.1%, indicating satisfactory returns for shareholders.
Notably, the company operates with negligible debt, with a debt-to-equity ratio of 0.00 and negligible debt of ₹0.09 crore.
Promoter holdings stand at 62.89% indicating the promoters confidence in the company, while public holdings constitute 37.11%.
The Earnings Per Share (EPS) is ₹2.12, indicating the company’s profitability per outstanding share. Sales have experienced remarkable growth, with a surge of 308% over the specified period, reflecting significant expansion in revenue generation.
| Market Cap | ₹ 159 Cr | Stock P/E | 82.3 |
| ROCE | 26.1 % | ROE | 16.1 % |
| Debt to equity | 0.00 | Debt | ₹ 0.09 Cr |
| Promoter Holdings | 62.89% | Public Holdings | 37.11% |
| EPS | ₹ 2.12 | Sales growth | 308 % |
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Financial Statement
As of January 29, 2024, the company’s financial performance over the past three years illustrates a notable progression.
In 2023, net sales surged to ₹13.33 crore, a significant increase from ₹3.27 crore in 2022 and ₹1.13 crore in 2021.
Correspondingly, expenses also rose to ₹9.30 crore in 2023, compared to ₹2.56 crore in 2022 and ₹1.15 crore in 2021.
Consequently, the company achieved a profit after tax of ₹1.93 crore in 2023, marking a substantial improvement from ₹0.43 crore in 2022 and a turnaround from a loss of ₹0.10 crore in 2021.
| Particulars | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net Sales | 13.33 | 3.27 | 1.13 |
| Expenses | 9.30 | 2.56 | 1.15 |
| Profit After Tax | 1.93 | 0.43 | -0.10 |
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Table of IBL Finance Limited Share Price Target
As of 29 January, 2024, IBL Finance share closed at ₹64.25 gaining almost 4.98% from opening price. According our analysis company can reach following targets.
| Year | Min Target | Max Target |
|---|---|---|
| 2024 | ₹74 | ₹80 |
| 2025 | ₹84 | ₹96 |
| 2026 | ₹105 | ₹118 |
| 2027 | ₹130 | ₹156 |
| 2028 | ₹178 | ₹198 |
| 2029 | ₹212 | ₹246 |
| 2030 | ₹275 | ₹308 |
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IBL Finance Limited share price target in 2024:
- Minimum Target: ₹74
- Maximum Target: ₹80
In the upcoming year, the company is anticipated to maintain a price range between ₹74 and ₹80
IBL Finance Limited share price target in 2025:
- Minimum Target: ₹84
- Maximum Target: ₹96
Moving into 2025, the projected price range widens, reaching between ₹84 and ₹96.
IBL Finance Limited share price target in 2026:
- Minimum Target: ₹105
- Maximum Target: ₹118
Further into the future, specifically in 2026, the anticipated price range expands to ₹105 to ₹118.
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IBL Finance Limited share price target in 2027:
- Minimum Target: ₹130
- Maximum Target: ₹156
By 2027, the company’s share price is expected to aim for a range of ₹130 to ₹156.
IBL Finance Limited share price target in 2028:
- Minimum Target: ₹178
- Maximum Target: ₹198
Looking ahead to 2028, the minimum and maximum targets extend to ₹178 and ₹198, respectively.
IBL Finance Limited share price target in 2029:
- Minimum Target: ₹212
- Maximum Target: ₹246
In the long term, by 2029, the company is anticipated to potentially reach a price range between ₹212 and ₹246.
IBL Finance Limited share price target in 2030:
- Minimum Target: ₹275
- Maximum Target: ₹308
Projected into 2030, the minimum and maximum targets suggest a potential price range of ₹275 to ₹308.
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Positive and Negative Points of IBL Finance Limited
Positive:
- Company with very low debt: The company’s minimal debt indicates a strong financial position and reduces the risk associated with financial obligations.
- ROCE and ROE are both above the industry average: A high Return on Capital Employed (ROCE) and Return on Equity (ROE) suggest efficient utilization of capital and strong returns for shareholders, outperforming industry standards.
- Continuous EPS growth: The consistent growth in Earnings Per Share (EPS) reflects the company’s profitability and its ability to generate value for shareholders over time.
- Promoter holding is above 60%: A high promoter holding indicates confidence in the company’s prospects and long-term vision, fostering investor trust and stability.
Negative:
- Risk of frauds i.e., if people or businesses do not pay the money back: The risk of defaults or non-payment poses a significant threat to the company’s financial health and profitability, potentially leading to losses.
- Price to earnings ratio is high which might show that the company is overvalued: A high Price-to-Earnings (P/E) ratio relative to industry peers or historical averages may indicate that the company’s stock is overvalued, potentially leading to a correction in the future.
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
What is the price target for IBL Finance Limited in 2024?
In 2024, the company is expected to maintain a price range between ₹74 and ₹80.
What are the projected price targets for IBL Finance Limited in 2025?
Moving into 2025, the projected price range widens, reaching between ₹84 and ₹96.
What are the anticipated share price targets for IBL Finance Limited in 2026?
In 2026, the projected price range widens, reaching between ₹105 to ₹118.
What are the expected share price targets for IBL Finance Limited in 2027?
By 2027, the company’s share price is expected to aim for a range of ₹130 to ₹156.
What are the projected price targets for IBL Finance Limited in 2028?
Looking ahead to 2028, the minimum and maximum targets extend to ₹178 and ₹198, respectively
