Platinum Industries Limited share price target 2024, 2025, 2026 to 2030

In this article, we delve into a comprehensive analysis of Platinum Industries share price targets for the years 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Our examination spans various perspectives, including financial metrics, fundamental analysis, technical analysis, and more.

About

Established in August 2016, Platinum Industries focuses on producing PVC stabilizers, CPVC additives, and lubricants. Recognized as a top producer of PVC stabilizers. As of FY23, Platinum Industries holds the third-largest share in the Indian market for PVC stabilizers, boasting a 13.0% market share. It’s notable that the top three manufacturers collectively control 50-55% of the market, with Baerlocher and Goldstab occupying the top two positions.

Founded	August 2016
Listing Date	05 Mar 24
Chairman	Mr. Krishna Dushyant Rana
Sector	Chemicals
Headquarters	Andheri , Mumbai
Official Website	platinumindustriesltd.com

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Financial Details

Market Cap	₹ 1,153 Cr	Stock P/E	30.7
ROCE	74.8 %	ROE	89.3 %
Debt to equity	0.19	Debt	₹ 16.0 Cr
FII Holding	5.07 %	DII Holding	6.17%
EPS	₹ 9.42	Sales growth	23.0 %

as of 06 Mar 2024

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Financial Statement

Particulars	2023	2022	2021
Net Sales	231	188	89
Expenses	178	163	82
Profit After Tax	38	18	5

as of 06 Mar 2024 (₹ amount in crores)

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Platinum Industries was listed on 05 Mar 2024. It gained almost ₹84 (31%) against its offer price of ₹171. We are going to predict the future target price based on the available data.

Year	Min Target	Max Target
2024	₹227	₹243
2025	₹260	₹281
2026	₹301	₹325
2027	₹348	₹377
2028	₹422	₹452
2029	₹506	₹541
2030	₹606	₹648

as of 06 Mar 24

In 2024, the projected share price targets range from ₹227 as the minimum target to ₹243 as the maximum target.

Advancing into 2025, both the minimum and maximum share price targets are expected to experience growth, with projections of ₹260 and ₹281 respectively.

By 2026, the company foresees a continued ascent in share price targets, targeting a minimum of ₹301 and a maximum of ₹325.

Continuing on this upward trend, 2027 forecasts indicate a share price range between ₹348 and ₹377, indicating sustained growth momentum.

In 2028, the company aims for further increases in share price targets, with a minimum of ₹422 and a maximum of ₹452.

By 2029, the projected share price range widens to ₹506 to ₹541, reflecting ongoing confidence in the company’s performance.

Looking ahead to 2030, the share price targets are expected to reach ₹606 for the minimum and ₹648 for the maximum, highlighting the company’s robust long-term growth potential.

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.