We’ll explain insightful information about Lorenzini Apparels share price target 2024,2025,2026.2030 and how to run its business to get higher revenue.
I would like to talk about whether the company is doing good business to invest in or take some more precautions.
This article will provide you with a piece of insightful information to understand its business fundamentals, the segment in which the company is doing its business, and how to run its business.
In addition, we would try to uncover the growth secret, how the company generates more revenue and sales.
Let’s come to find more insightful information about Lorenzini Apparels‘ share price targets 2024,2025,2026,2027, and 2030. Stay continue!
Lorenzini Apparels Overview
Lorenzini Apparels is doing business in the apparel and garment segment. The company designs, manufactures, and sells redeemed garments and provides various types of products including men’s Jeans, men’s T-shirts, Stylish men’s Jeans, as well as Lead ladies’ coat suits, ladies’ jackets, Lady’s Jeans, and more.
Founded in the year 2007, Lorenzini Apparels is a micro-cap company with market capitalization of Rs 437 crore.
Lorenzini Apparels Financial Outlook
Lorenzini Apparels announced excellent numbers for Q2 FY24.
- Revenue for the period to Rs 12.68 crore increased from Rs 12.16 crore in Q2 FY23.
- Net profit reported a staler quarterly number in Q2 FY24 to Rs 2.37 crore up against Rs 0.17 crore in September 2022(Q2 FY 22).
Fundamentals of Lorenzini Apparels
| Particulars | Value |
|---|---|
| Market Cap | 437 crore |
| EPS | 5.44 |
| RoE | 17.8% |
| RoEC | 17.1% |
| Book Value | 17.8 |
| Dividend Yield | 0.00 |
| Stock P/E | 79.1 |
| Industry P/E | 20.1 |
| Debt to Equity | 0.82 |
| Face Value | 10 |
| 52-Week High/Low | 475/73 |
Also Read Trident Share Price Target
Lorenzini Apparels Share Price Target Table
| Year | First Target | Second Target |
|---|---|---|
| 2024 | 445 | 470 |
| 2025 | 480 | 520 |
| 2026 | 540 | 590 |
| 2027 | 600 | 650 |
| 2028 | 700 | 730 |
| 2029 | 790 | 840 |
| 2030 | 920 | 960 |
Lorenzini Apparels Share: last 5 years Financial Performance
Sales: Last 5 Years
| Years | Sales (cr) |
|---|---|
| 2019 | 25.47 |
| 2020 | 34.97 |
| 2021 | 25.49 |
| 2022 | 24.43 |
| 2023 | 43.76 |
Net Profit: Last 5 Years
| Years | Profit (cr) |
|---|---|
| 2019 | 0.64 |
| 2020 | 0.37 |
| 2021 | 0.08 |
| 2022 | 0.12 |
| 2023 | 2.52 |
Conclusion
The key metrics discussed in the article are based on research and deep analysis. The objective of this article is to provide a better understanding of Lorenzini Apparels.
In this article, I will try my best to explain in detail the company’s key parameters.
Hope, all this information is helpful for your investment journey.
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Disclaimer
Dear reader, the information on this site is only for information and educational purposes. Please don’t consider it as a stock recommendation or advice.