If you are interested in knowing Piccadily Agro Share Price Target 2024,2025,2026,2027,2030, and its business profile, product, sales, and earnings, you are in the right place.
In this post, we’ll explain how to turn its business from a low profit to a strong profit, and how to change its traditional business into a high-growth business model.
It is important to understand the market and market trends in which the company deals. It is also crucial to know demand, prospects, and client base.
Today, we’ll also discuss the company’s strengths, weaknesses, and the factors that influence its growth. Let’s see all the necessary information of Piccadilly agro share price target 2024,2025,2026,2027 and2030.
About Piccadily Agro
Piccadily Agro Industries primarily engages in the manufacturing and sales of sugar, ethanol, and distilleries.
The company has a manufacturing facility spread over 168 acres in Karnal, Haryana.
It produces 5,000 tonnes per day of a crushed sugar production unit, an 80 kpld distillery unit, and a 10 kpld malt spirit unit and it has a 14 MW co-gen power capacity.
It has two subsidiary companies 1. Portavadie Distillers and Blenders Limited 2. Six Tree Drink Private Limited and one associate Piccadily Sugar and Allied Industries Limited.
Piccadily Agro Financial
Piccadily Agro posted consolidated Q2 results, company revenue from operation in Q2 FY24 stood at Rs 122.68 crore increase of 11.18 per cent compared to Rs 110.34 crore in last year’s same quarter.
The company reported a net profit in Q2 FY24 of Rs 11.10 crore increase of 222.91 crore against Rs 3.44 crore in the last year’s same quarter.
Its EBITDA stood at Rs 24.50 crore rise of 107.1 compared to Rs 11.83 crore in Q2 FY23.
EPS of the company stood at Rs 1.17 in September 2023 increasing from Rs 0.37 in last year’s same quarter.
Piccadily Agro Fundamentals
| Market Capital | 2,617 crore | ROE | 10.1 |
| PE Ratio | 78.4 | ROCE | 12.8 |
| Book Value | 26.8 | Face Value | 10 |
| EPS | 3.54 | Debt to Equity | 0.64 |
| Industry PE | 32.1 | Dividend Yield | 0.07 |
Piccadily Agro Share Price Target Table
| Year | First Target | Second Target |
|---|---|---|
| Piccadily Agro Share Price 2024 | 351 | 365 |
| Piccadily Agro Share Price 2025 | 455 | 470 |
| Piccadily Agro Share Price 2026 | 565 | 590 |
| Piccadily Agro Share Price 2027 | 700 | 735 |
| Piccadily Agro Share Price 2030 | 900 | 990 |
Piccadily Agro Share Price Target 2024
Piccadily Agro has a leading distillery brand. The company has won Whiskies of the World Awards title in the show Double Gold recently.
Every year, across the world, evaluating over 100 varieties. From all these, one best whisky is selected as the “Best in Show.”
It is a very proud moment for the Indian Whiskey business. Share of Piccadily agro, in last month, gained over 29 per cent, and in six-month rise over 300 percent.
Therefore, you can see a rise in share value in the upcoming day. So we’ll look for the share price target of Piccadily agro by 2024 to be Rs 351 and the highest target to be Rs 365.
| Piccadily Agro Share Price Target 2024 | First Target | Second Target |
| 351 | 365 |
Piccadily Agro Share Price Target 2025
Piccadily Agro posted an impressive number in Q1 FY24 at Rs 228.02 crore increase of 21.56 per cent year on year(YoY) basis and a net profit of Rs 11.07 crore.
The company planned to establish a distillery in Chhattisgarh about 210 kpld and the company has purchased land in the village.
It is going to increase its commercial production capacity to ease supply.
The company also launched its new brand viz Kamet and Indiri Trini (Single Malt Whisky) Indian-made Foreign Liquor (IMFL) in the market.
Now, you hope for high growth potential in the company business. Therefore, we expect an exponential increase in the share price. So, the share price target of Piccadily Agro by 2025 may be Rs 455, and the second share price target may be Rs 470.
| Piccadily Agro Share Price Target 2025 | First Target | Second Target |
| 455 | 470 |
Also Read Wardwizard Share Price Target
Piccadily Agro Share Price Target 2026
Piccadily Agro has Two subsidiaries :
1. Porvadie Distillers and Blander Limited 2. Six Trees Drink Private Limited
and associate Piccadily Sugar and Allied Industries Limited.
These subsidiaries and associate companies help to grow its business.
The company continues to increase its presence in India as well as globally in the liquor segment as we know the company won a prestigious award title.
Additionally, the company’s sugar and distillery products demand is rising tremendously. You look for growth in revenue and earning exponencial.
So we look for the share price target of the company by 2026 might be Rs 565 and the highest target might be Rs 590.
| Piccadily Agro Share Price Target 2026 | First Target | Second Target |
| 565 | 590 |
Piccadily Agro Share Price Target 2027
Piccadily Agro Industries has diversified its business into two major segments:
1. sugar
2. distillery.
The company produces and sells sugar, molasses, and bagasse in the sugar segment and liquor, malt, corban dioxide gas, and ethanol in the distillery segments.
Piccadily Agro Competitors
- Bajaj Hindustan Sugar
- Bannari Aman Sugar
- Dhampur Sugar Lills
- Balrampur Chini Mills
- DCM Shriram
- Gayatri Sugars