If you are interested in knowing Sona BLW Share Price Target 2024,2025,2026,2030 then you have come to the right place.
As you know, India’s renewable energy sector potential, the government’s long-term goal, and policy create a strong demand.
Welcome back to a latest article, we will discuss Sona BLW’s business fundamentals, product portfolio, and earning potential.
Whenever you think about investing in a company, you know the market in which the company deals, Its products, competitors of the company, and ideas behind the products.
Today, we’ll explain whether Sona BLW shares provide a good return.
Let’s discuss a complete insight story of Sona BLW share price target 2024,2025,2026 and 2030. Stay continue to read the full article.
About Sona BLW Precision Forging
Sona BLW Precision Forging, founded in 1995, is an automotive technology and highly appreciated company in India.
The company designs, develops, manufactures, and distributes high-quality automotive components like conventional and micro-hybrid motors, belt starter generator(BSG) systems, differential assemblies, gears, and battery electric vehicle (BEV) traction motors.
Well-diversified product portfolio:
- Automotive geographies, customer, and vehicle segments.
- Designs, develops, manufactures, and distribution in the global EV market.
Sona BLW Precision Forging Financial Analysis
Sona BLW reported its q2 results for FY2023-24:
The company declared revenue from operation in Q2FY24 at Rs 790.79 crore, an increase of 20.29 per cent against Rs 657.39 crore in Q2FY23.
Net profit for the same period at Rs 123.85 crore rose 38.82 per cent compared to Rs 92.55 crore in Q2 FY23.
Company EBITDA in Q2 FY23-24 at Rs 229.43 crore, an increase of 36.12 per cent compared to Rs 168.55 crore in the same quarter a year ago.
EPS of the company in the same quarter increased to Rs2.12 from Rs1.58 in Q2 FY23.
| Particulars | H1 FY23-24 | H1 FY22-23 |
|---|---|---|
| Revenue | Rs 790.79 | Rs 657.39 |
| EBITDA | Rs 229.43 | Rs 168.55 |
| Net Profit | Rs 123.85 | Rs 92.55 |
Sona BLW Precision Forging Fundamental
| Market Cap | 32,876 crore | Face Value | 10 |
| PE Ratio | 69.7 | EPS | 7.91 |
| ROE | 18.3 | Debt to Equity | 0.16 |
| ROCE | 22 | Industry PE | 33.1 |
| Book Value | 41.6 |
Also Read Tanfac Share Price Target
Sona BLW Share Price Target Table
| Year | First Target | Second Target |
|---|---|---|
| Sona BLW Share Price Target 2024 | 700 | 730 |
| Sona BLW Share Price Target 2025 | 875 | 915 |
| Sona BLW Share Price Target 2026 | 1090 | 1140 |
| Sona BLW Share Price Target 2030 | 1400 | 1480 |
Sona BLW Share Price Target 2024
Sona BLW is one of the leading and well-diversified product portfolios. The company has expanded its presence in BEV (Battery Electric Vehicle) segment.
In FY22, it increased its presence from 1 per cent in FY19 to 25 percent, and in FY23 gain 26 per cent market share.
The company caters diverse product portfolio such as –
1. Electric Vehicle segment
- Electric Car
- Electric Commercial Vehicles
- Electric 2-Wheelers
- Electric 3-Wheelers
2. Off-Highway Vehicles
3. Passenger Vehicles
4. Commercial Vehicles
Seeing all the growth prospects we’ll look for the share price target by 2024 to be Rs 700 and a higher share price target to be Rs 730.
| Sona BLW Share Price Target 2024 | First Target | Second Target |
| Rs 700 | Rs 730 |
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Sona BLW Share Price Target 2025
Following the company’s financial and fundamentals, we expect the share price target of Sona BLW by 2025 to be Rs 875 and the second share price target to be Rs 915.
| Sona BLW Share Price Target 2025 | First Target | Second Target |
| Rs 875 | Rs 915 |
Sona BLW Share Price Target 2026
Therefore, we’ll look to find a decent growth in share price target for Sona BLW by 2024 to be Rs 1090 and a second share price target to be Rs 1140.
| Sona BLW Share Price Target 2030 | First Target | Second Target |
| Rs 1090 | Rs 1140 |
Sona BLW Share Price Target 2030
So we can see in stock price increase in the upcoming days. Now we’ll find that the share price target of Sona BLW by the end of 2030 is Rs 1400 and the second target is Rs 1480.
| Sona BLW Share Price Target 2030 | First Target | Second Target |
| Rs 1400 | Rs 1480 |
Sona BLW Share Holding
| Particulars (%) | Dec 22 | March 23 | Jun 23 | Sep 23 | Dec 23 |
|---|---|---|---|---|---|
| Promoters | 53.53 | 33.0 | 29.76 | 29.76 | 29.71 |
| Domestic Intitutional Investers | 24.37 | 31.28 | 28.20 | 27.50 | 27.90 |
| FII/FPI | 11.27 | 24.69 | 31.68 | 33.35 | 32.88 |
| Retail | 10.83 | 11.01 | 10.35 | 9.39 | 9.51 |
Conclusion
Sona BLW has a staler growth potential in the BEV segment. The company’s financial and fundamentals are looking very strong. The company is well diversified in product as well as revenue segment.
So, you can see an exponential return in the upcoming days. Feel free to do so If you have any feedback regarding the above post.
Disclaimer
The target value mentioned in the post is only for informational purposes. Stock value may differ as per market conditions and company performance. We are not registered on SEBI before making investment, make sure to do your own research and take advice from your financial adviser.