We’ll explore all about Sarveshwar Foods share price target 2024,2025,2026,2027,2030 segment analysis, idea behind product and demand, competition, brand goodwill and presence.
As we know product and its brand is more valuable in the food segments. So it is essential to analyse company’s brand image in the market and what are the demand and supply position.
This article provides you full insightful knowledge to understand all necessary key metrics of company.
Further, we would like to inform you about company key strengths and negative facts to make the right decision.
Let’s explain about Sarveshwar Foods share price target 2024,2025,2026,2027,2030. Stay, continue to know more!
About Sarveshwar Foods
In this article, we are going to discuss about Sarveshwar Foods, involved in the processing, cultivating, and marketing food products including basmati and non-basmati rice in the category of branded and non- branded.
Founded in the year 2004, Sarveshwar Foods has diversified product portfolio like organic basmati and non-basmati rice and also other organic products such as pulses, cereals, spices, ghee and oil etc.
Sarveshwar Foods Financial Overview
The share of Sarveshwar Food operating in the agro processing segment announce staler its December quarter number (Q3 FY24).
The company presented increase 186 percent in net profit to RS 4.93 crore in Q3 FY24 from the previous year same quarter at Rs 1.7 crore.
While, during the same period revenue from operation increase of 55 per cent to Rs 229.38 crore compare to Rs 183.81 crore year on year(YoY) basis.
The EPS of the company also increased Rs 0.05 in Q3 FY24 against Rs 0.02 in the same quarter previous year.
Sarveshwar Foods Fundamentals
Particulars | Value |
---|---|
Market Cap | 1,048 crore |
RoC | 4.69 |
RoCE | 8.12 |
Book Value | 2.49 |
Debt to Equity | 1.19 |
Stock P/E | 72.5 |
Industry P/E | 35.5 |
EPS | 012 |
Face Value | 1.0 |
Dividend | 0.00 |
Current Price | 10.7 |
52-Week High/Low | 10.7/2.08 |
Also Read Jubilant Foodworks Share Price Target
Sarveshwar Foods Share Price Target Table
Years | First Target | Second Target |
---|---|---|
2024 | 16 | 16.90 |
2025 | 20 | 21 |
2026 | 24 | 25 |
2027 | 30 | 32 |
2028 | 37 | 40 |
2030 | 56 | 59 |
Sarveshwar Foods Share Price Target 2024
Sarveshwar Foods distributes its products in the brand name of ‘Sarveshwar’ like Sarveshwar Select Basmati rice, Sarveshwar Unique Basmati rice, and Sarveshwar Ultra XL Basmati rice and Sarveshwar Atta.
It also sells organic products under the brand name of ‘Nimbark’.
The company continuously focuses on its rice supply chain to maintain demand and supply effectively.
It also helps in maintaining long term relationships with its clients.
Food grain supplier, Sarveshwar Foods continuously gives exposure to invest in R&D and implement new technology.
Whereas, we can’t imagine the share price target of Sarveshwar Foods without research and analysis of the company.
With the help of our analysis we expect initial price target might reach by 2024 Rs16 while highest price target of Rs16.90.
Also Read Varun Beverages Share Price Target
Sarveshwar Foods Share Price Target 2025
Food processing company, Sarveshwar Foods with robust supply chain and healthy operations, delivered strong revenue growth of Rs 692.68 crore in FY23 as compared to Rs 605.44 crore in the previous year.
While the company reported net profit to Rs 7.80 crore in FY23 from Rs 3.40 crore in the year ago time frame.
With the help of procurement agents, the company procure basmati paddy at lower cost from mandies in the village where company’s competitors can not easily reach.
However, we can see more value in the share of Sarveshwar Food in future. therefore we look for an initial share price target to reach at Rs 20 while maximum target price Rs 21 by 2025.
Sarveshwar Foods Share Price Target 2026
Share of Sarveshwar Food, price to equity (PE) is 89.8 whereas sector PE is 35.2 generally high PE signal of overvalued stock but it is not only metrics.
The company’s return on equity is 4.69 per cent and RoCE is 8.12 looking quite good (small cap company).
If we discuss future growth potential,the company’s fundamentals are looking strong and the company has good enough liquidity as we saw Rs 19.83 crore gross cash buildup in FY 24.
Whereas long term borrowings repayment amount is Rs 9.22 crore.
In addition, In 2024-26, company is looking to make cash accrual approx Rs 27.76-38.16 crore.
Additionally, you can see further upside potential in the share of Sarveshwar Food price target in 2026 to be Rs 24 and maximum price target Rs 25.
Sarveshwar Foods Share Price Target 2027
Sarveshwar Food, a leading company entered into a new segment, contract farming. The company has entered into an agreement with farmers for contract farming by which it closely monitors quality and enables improving accessing systems.
The company is taking advantage of the strong experience of promoters. Promoters have a deep understanding of the local market as well as good relationships with clients and suppliers.
All these due diligence, provides more confidence in the stock fundamentals and revenue growth possibility in future.
So we’ll look for a share price target to reach Rs 30 and highest share price target Rs 32.
Sarveshwar Foods Share Price Target 2030
Sarveshwar Food is a diversified product portfolio of branded and unbranded basmati rice and non basmati rice including steam rice, brown rice, white rice and parboiled rice.
The company focuses on R&D and technology to fuel innovation.It has strong presence across domestic as well as globally with the help of strategically establishing 12 retail stores, 15 procurement centers and 10 farmers facilitation centers.
In addition, the company focuses on adding more products to cater the client base and widen geographical presence in domestic as well as international markets.
So we expect initial share price target prediction to reach Rs 56 while maximum price target to be Rs 59 by 2030.
Sarveshwar Foods Share Holding
Particulars | Promoters Holding (%) |
---|---|
Dec 22 | 68.20 |
March 23 | 57.85 |
Jun 23 | 55.75 |
Sep 23 | 54.91 |
Dec 23 | 54.91 |
Particulars | Foreign Institutional Investors |
---|---|
Dec 22 | 0.91 |
March 23 | 2.50 |
Jun 23 | 2.37 |
Sep23 | 3.76 |
Dec 23 | 2.59 |
Sarveshwar Foods Peers
- Kohinoor Foods Ltd (KOHFOO)
- KRBL Ltd (KRB LTD)
- Mishtann Foods Ltd (HICC EM)
- Nilkanth Ltd (RTEX PL)
- Nova Agritech
Sarveshwar Foods FAQ
What is the business of Sarveshwar Foods?
Sarveshwar Foods, involved in the business of cultivating, processing, and marketing of food products including basmati and non-basmati rice.
What are the products of Sarveshwar Foods in India?
Sarveshwar Food is a diversified product portfolio of branded and unbranded basmati rice and nonbasmati rice including steam rice, brown rice, white rice, and parboiled rice.
Is Sarveshwar Foods a good company?
Sarveshwar Foods is not looking strong company but the segment and demand of products are very high in the coming days.
Who is the owner of Sarveshwr Food?
Mr Rohit Gupta is currently promoter and Managing Director of the company and he owns 54.88 per cent equity.
Conclusion
This article provides you with a detailed guideline to understand Sarveshwar Foods in a better way. I explained the company’s business fundamentals, segments in which the company is involved and financials.
I found that company fundamentals are not looking very strong,but for a long term perspective,it looks worth it.
Hopefully, Sarveshwar Food share Price target full information will help you in further investment.
If you have any query,please write in the comment box.
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.
Further, I would like to inform you that we are not registered on SEBI(Securities and Exchange Board of India). Before any investment, take advice from your financial adviser and do your own research.