In this article, we delve into a comprehensive analysis of New Swan Multitech 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.
Table of Contents
About
New Swan Multitech Ltd, established in 2014, specializes in manufacturing complex and critical precision-engineered components and parts for two main sectors: automotive and agricultural.
In the automotive sector, the company produces a diverse range of components such as assembly engine hangers, hinge body covers, fuel filler cap components, and engine guard plates, catering to the needs of modern two-wheeler vehicles. Additionally, they design and manufacture brackets for various automotive applications including cooling recovery reservoirs, exhaust tailpipes, fuse blocks, and floor panels.
In the agricultural sector, New Swan Multitech manufactures a variety of farm machinery designed to enhance modern farming practices. Their product range includes rotovators, seeders, weeders, potato planters and diggers, fertilizer spreaders, mulchers, and laser land levelers, among others. These agricultural implements are aimed at improving efficiency and productivity in farming operations.
| Founded | 2014 |
| Listing Date | 18 January 2024 |
| Chairman & MD | Upkar Singh |
| Sector | Agriculture machines |
| Headquarters | Ludhiana, Punjab |
| Official Website | swanagro.in |
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Financial Details
As of January 29, 2024, the company has a market capitalization of ₹225 crore. With a stock price-to-earnings (P/E) ratio of 22.5, it indicates the valuation relative to its earnings.
The Return on Capital Employed (ROCE) stands at 25.4%, showcasing efficient capital utilization, while the Return on Equity (ROE) is at 40.1%, reflecting strong returns for shareholders.
The debt-to-equity ratio is 1.31, indicating a moderate level of debt compared to equity, with total debt amounting to ₹39.2 crore.
Foreign Institutional Investors (FIIs) hold a stake of 5.06%, while Domestic Institutional Investors (DIIs) hold 6.45%.
The Earnings Per Share (EPS) is ₹28.3, representing the company’s profitability per outstanding share. Sales have seen a modest growth of 3.49% over the specified period, indicating stable performance in revenue generation.
| Market Cap | ₹ 225 Cr | Stock P/E | 22.5 |
| ROCE | 25.4 % | ROE | 40.1 % |
| Debt to equity | 1.31 | Debt | ₹ 39.2 Cr |
| FII Holding | 5.06% | DII Holding | 6.45% |
| EPS | ₹ 28.3 | Sales growth | 3.49 % |
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Financial Statement
As of January 29, 2024, the company’s financial performance over the past three years demonstrates a consistent trend.
In 2023, net sales amounted to ₹150 crore, slightly higher than the previous year’s ₹145 crore but lower than ₹149 crore in 2021.
Meanwhile, expenses were relatively stable, standing at ₹130 crore in 2023, ₹133 crore in 2022, and ₹138 crore in 2021.
Despite fluctuations in sales and expenses, the company achieved a notable profit after tax of ₹104 crore in 2023. This consistent profitability amidst varying sales and expense figures highlights the company’s ability to manage its operations effectively.
| Particulars | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net Sales | 150 | 145 | 149 |
| Expenses | 130 | 133 | 138 |
| Profit After Tax | 10 | 4 | 3 |
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Table of New Swan Multitech Ltd Share Price Target
As of January 29, 2024 stock price closed at ₹118. It tanked 5% and made a lower circuit. We have updated the our analysis based on current technical analysis of the company.
| Year | Min Target | Max Target |
|---|---|---|
| 2024 | ₹128 | ₹137 |
| 2025 | ₹144 | ₹151 |
| 2026 | ₹159 | ₹167 |
| 2027 | ₹175 | ₹184 |
| 2028 | ₹193 | ₹203 |
| 2029 | ₹213 | ₹224 |
| 2030 | ₹235 | ₹247 |
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New Swan Multitech Ltd share price target in 2024:
- Minimum Target: ₹128
- Maximum Target: ₹137
In the upcoming year, the company is anticipated to maintain a price range between ₹128 and ₹137
New Swan Multitech Ltd share price target in 2025:
- Minimum Target: ₹144
- Maximum Target: ₹151
Moving into 2025, the projected price range widens, reaching between ₹144 and ₹151.
New Swan Multitech Ltd share price target in 2026:
- Minimum Target: ₹159
- Maximum Target: ₹167
Further into the future, specifically in 2026, the anticipated price range expands to ₹159 to ₹167.
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New Swan Multitech Ltd share price target in 2027:
- Minimum Target: ₹175
- Maximum Target: ₹184
By 2027, the company’s share price is expected to aim for a range of ₹175 to ₹184.
New Swan Multitech Ltd share price target in 2028:
- Minimum Target: ₹193
- Maximum Target: ₹203
Looking ahead to 2028, the minimum and maximum targets extend to ₹193 and ₹203, respectively.
New Swan Multitech Ltd share price target in 2029:
- Minimum Target: ₹213
- Maximum Target: ₹224
In the long term, by 2029, the company is anticipated to potentially reach a price range between ₹213 and ₹224.
New Swan Multitech Ltd share price target in 2030:
- Minimum Target: ₹235
- Maximum Target: ₹247
Projected into 2030, the minimum and maximum targets suggest a potential price range of ₹235 to ₹247.
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Positive and Negative Points of New Swan Multitech Ltd
Positive:
- ROCE is at 25.39%, surpassing the industry average of 14.65%: The company’s Return on Capital Employed (ROCE) outperforms the industry benchmark, indicating efficient utilization of capital to generate returns for shareholders.
- ROE is at 40.14%, above industry average: The Return on Equity (ROE) stands at 40.14%, exceeding the industry average, reflecting the company’s ability to generate profits from shareholders’ equity.
Negative:
- Sales growth over the past three years is less than 1%: The company has experienced minimal sales growth over the past three years, indicating potential challenges in expanding its revenue.
- Sales growth in the past year is a mere 3.49%: The recent sales growth of only 3.49% suggests sluggish performance in revenue generation, raising concerns about the company’s ability to achieve substantial growth.
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 share price target for New Swan Multitech Ltd in 2024?
In 2024, the company is anticipated to maintain a price range between ₹128 and ₹137.
What are the projected share price targets for New Swan Multitech Ltd in 2025?
Moving into 2025, the projected price range widens, reaching between ₹144 and ₹151.
What are the anticipated share price targets for New Swan Multitech Ltd in 2026?
Further into 2026, the anticipated price range expands to ₹159 to ₹167.
What are the projected share price targets for New Swan Multitech Ltd in 2030?
Projected into 2030, the minimum and maximum targets suggest a potential price range of ₹235 to ₹247.
