People want to know more about Tanfac Share Price Target 2024,2025,2026,2030, market trends, products, services, and financial performance.
Some companies have become popular and look very lucrative, therefore new investors got trapped.
The company lesser known or not popular gives a much higher return because of a lower valuation.
Tanfac is not popular and it is not much covered by media. So you can think about the company.
Let’s come and find key information about Tanfac’s share price target 2024,2025,2026 and 2030. To know more, stay tuned!
Tanfac Share Overview
Tanfac Industries is one of the leading chemical companies. It is involved in the manufacturing of chemicals such as anhydrous hydrofluoric acid,aluminium fluoride, sulphuric acid, acetic acid, etc.
Tanfac has a manufacturing plant in the area of 60 acres in the chemical complex of SIPCOT Cuddalore, India.
The company started its commercial production in 1985 and is leading in hydrofluoric acid production.
Anupam Rasayan India Limited holds a 24.96 percent stake in Tanfac and is also promoted by Tamil Nadu Industrial Development Corporation.
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Tanfac Share Financial Analysis
Tanfac reported its revenue from operation in September 2023 at Rs 81.37 crore increase of 5.12 percent against Rs 77.41 crore in September 2022.
Company net profit in September 2023 at Rs 11.37 crore increase of 33.49 percent compared to Rs 8.52 crore in September 2022.
Tanfac’s EBITDA in Q2 FY24 at Rs 17.23 crore rise of 29.65 percent compared to Rs 13.29 crore in the same quarter a year ago.
EPS of the company grew to Rs 11.40 in September 2023 from Rs 8.54 in the same quarter a year ago.
Tanfac Share Fundamental
| Market Capital | 2605 crore | Book Value | 208 |
| PE Ratio | 38.1 | Face Value | 10 |
| ROE | 34.4 | Industry PE | 30.8 |
| ROCE | 47.7 | Debt to Equity | 00.0 |
| EPS | 68.6 |
Tanfac Share Price Target Table
| YEAR | First Target | Second Target |
|---|---|---|
| Tanfac Share Price Target 2024 | 3225 | 3380 |
| Tanfac Share Price Target 2025 | 3870 | 3900 |
| Tanfac Share Price Target 2026 | 4830 | 4950 |
| Tanfac Share Price Target 2030 | 6000 | 6200 |
Tanfac Share Price Target 2024
Tanfac Industries is a small-cap company. The company had a market cap of Rs 2,576 crore in December 2023.
It was established in 1972 and its current share price is Rs 2583 on 14, December 2023 and engaged in the chemical sectors.
In the latest quarter, the company reported stellar revenue growth, so we are supposed to grow in further quarters.
Additionally, in the chemical sector trend is slow due to low demand, inflation concerns, and global headwinds.
Therefore, we can look for the share price target of Tanfac in 2024 to be Rs 3225 and the second target to be Rs 3380.
| Tanfac Share Price Target 2024 | First Target | Second Target |
| 3225 | 3380 |
Tanfac Share Price Target 2025
Tanfac’s key management is experienced and able to handle any nuances very well. The managing director of the company is K Sendhil Nathan.
The company’s revenue from Rs 34 crore in September 2020 to Rs 81 crore and year-on-year revenue grew from Rs 165 crore in 2020 to Rs 375 crore in 2023.
The company gained excellent returns in revenue and profit, so we can see strong growth in revenue and operating profit in the upcoming days.
Therefore, we expect the company share price target in 2025 to be Rs 3870 and the highest target Rs 3900
| Tanfac Share Price Target 2025 | First Target | Second Target |
| 3870 | 3900 |
Tanfac Share Price Target 2026
Tanfac engages in the manufacturing of inorganic fluorine chemical products such as Aluminum fluoride, Oleum, Potassium Bifluoride, Calcium Sulphate, Boron Trifluoride, IsoButyl, Poly Aluminum, etc.
The company’s 95 percent sales come from domestic clients and 5 percent from exports.
All these product demands will increase in the coming days. So we can look for an excellent return.
Then, Tanfac’s Share Price Target will be in 2026 to be Rs 4830 and the second highest price target to be Rs 4950.
| Tanfac Share Price Target 2026 | First Target | Second Target |
| 4830 | 4950 |
Tanfac Share Price Target 2030
Tanfac is a rising company in the chemical segment. The company has diversified its products into various categories like specialty fluoride products.
The company exports its products across the globe such as in Australia, New Zealand, the USA, Europe, and Thailand.
Chemical Industries should continue to register healthy sales growth, So we continue to remain positive on strong stock price growth.
Therefore, we expect the share price target in 2030 to be Rs 6000 and the second share price target to be Rs 6200.
| Tanfac Share Price Target 2030 | First Target | Second Target |
| 6000 | 6200 |
Conclusion
Tanfac Industry should continue to register healthy growth in sales and earnings.
We can continue to remain positive in the upcoming numbers. The company diversified its product portfolio to cater to customer needs.