Thaai Casting Limited share price target 2024, 2025, 2026, 2027 to 2030

In this article, we delve into a comprehensive analysis of Thaai Casting Limited 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

As a distinguished automotive ancillary company, they hold IATF 16949:2016 certification, specializing in High-Pressure Die Casting and precision Machining of Ferrous and Non-Ferrous materials, along with Induction heating and quenching. Founded by Mr. Sriramulu Anandan, a seasoned professional in Pressure Die Casting and Machining Processes, their B2B approach caters to leading entities in the automotive components sector.

The company offers a diverse product portfolio including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature – Steering Wheel, Electrical Connectors, and more. Their focus on quality ensures their components meet industry standards, establishing them as a trusted partner in the automotive supply chain.

Founded	June 2010
Listing Date	23 Feb 2024
CEO & MD	Mr. Sriramulu Anandan
Sector	Metal Casting
Headquarters	Sriperumbudur, Tamil Nadu
Official Website	thaaicasting.com

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Financial Details

Market Cap	₹ 474 Cr.	Stock P/E	85.1
ROCE	13%	ROE	na
Debt to equity	1.90	Debt	₹ 44.1 Cr
FII Holding	9.57%	Promoter Holding	63.58%
EPS	6.38	Sales growth	28%

as of 26 Feb 2024

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Financial Statement

Particulars	2023	2022	2021
Net Assets	55	37.6	23.8
Revenue	49.1	38.4	20.5
Profit After Tax	5.03	1.15	0.4

as of 26 Feb 2024 (₹ amount in crores)

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Year	Min Target	Max Target
2024	₹235	₹270
2025	₹311	₹358
2026	₹412	₹474
2027	₹545	₹627
2028	₹721	₹829
2029	₹953	₹1,096
2030	₹1,180	₹1,240

as of 25 Feb 24

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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.