Venkys Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Venky’s India Financial, Fundamentals, Business, Future Plans, Prediction and more
In this article, we are going to talk about such a stock which is related to the poultry sector and has given good returns to its investors. There are chances in future too that it will give good returns and can also double your money.
The name of the stock is Venky’s India Limited and currently its price is running around 1500. So let us analyze it well and try to know whether it would be right to invest in it or not.
Hey friends, I am Sachin, an author of this blog. Through this blog, we are going to do a detailed analysis of Venky’s India Limited Shares. In which we will try to understand the company fundamentals, financial trends, shareholding better. After analyzing all these in detail, we will try to predict Venkys Share Price Target, so stay tuned till the end of this blog.
Table of Contents
ToggleAbout Venkys India Ltd
Venky’s India Ltd is a company based in India that was founded in 1st July 1976 by Mr. B. Balaji Rao. The company is involved in the production and distribution of poultry products, including chicken, eggs, and animal feed. Venkys also has a number of other business interests, including pharmaceuticals, animal nutrition, and processed food products.
The company is headquartered in Pune, Maharashtra, and has operations in several other countries around the world. Currently more than 121 employees are working in this company, which is good.
Key People
Managing Director (MD) | Mr. B. Balaji Rao |
Also Read – Bikaji Foods Share Price Target
Venkys Fundamentals
Market Cap | ₹2,205 Cr |
ROE | 14% |
EPS | 72.84 |
P/E Ratio | 21.48 |
Book Value | 893.71 |
Dividend Yield | 0.83% |
Debt | ₹203 Cr |
Debt To Equity | 0.16 |
Venkys Shareholding Pattern
- Promoters hold 56.11%
- Retail and Others hold 43.03%
- Foreign Institutional Investors hold 0.83% and
- Mutual Funds hold 0.03% of Venky’s India share
Venkys Financial Trends
If we talk about the Revenue and Profit of Venkys Company then –
Its revenue in 2019 has been ₹ 3,043 Cr and profit is ₹ 174 Cr. There was a revenue of ₹ 3,261 Cr in 2020 and a profit of ₹ -27.16 Cr. In the same 2021, there was a profit of ₹ 268 crore with a revenue of ₹ 3,117 Cr. And this year i.e. in 2022 there has been a profit of ₹ 165 Cr with a revenue of ₹ 4400 Cr.
Venkys Share Price Target table list
Year | Venkys Share Price Target |
---|---|
2023 | ₹1900 – ₹1950 |
2024 | ₹2100 – ₹2160 |
2025 | ₹2400 – ₹2500 |
2026 | ₹2790 – ₹2895 |
2027 | ₹3120 – ₹3180 |
2028 | ₹3550 – ₹3750 |
2029 | ₹4300 – ₹4500 |
2030 | ₹5100 – ₹5400 |
Venkys Share Price Target 2023
Most of the company’s profit comes from poultry business. Venkys has also started making human health care products along with medicines for birds, which is good. Along with all these, this comes is also working in the field of poultry and bird vaccine. If you invest in its shares, it would be a good decision to sell the shares and book profits if there is a good profit.
Concluding these, Venkys Share Price Target 2023 can be ₹1900 and highest price can go upto ₹1950.
Also Read – Tata Consumer Share Price Target
Venkys Share Price Target 2024
If we talk about the growth in 2022, till now there has been an increase of about 40 percent in the revenue of the company, but compared to the previous year, there has been a decrease of about 40 percent in the profits. Venky India has given returns of -27% in the last one year i.e. January 2022 to January 2023 which is not good. Same, this company has given returns of -6% in the last 6 months i.e. July 2022 to January 2023. So the stock of the company is currently coming down which is not considered good.
So considering these, the first and second Venkys Share Price Target 2024 can be ₹2100 and ₹2160 respectively.
Venkys Share Price Target 2025
If we look at the financials of the company, it had incurred losses in 2019, but now it has turned profitable. But still, in 2022, it has made less profit of 165 crores as compared to 2021, which is becoming the reason for the fall in the stock. By the way, its revenue and net worth is increasing very fast, which is fine. Keeping these in mind, Venkys Share Price Target 2025 can be ₹2400 and higest price we can get to see of ₹2500.
Venkys Share Price Target 2030
The company has a debt of 203 crores and its debt to equity ratio is 0.16, which is fine. This company also pays dividend and its dividend yield is 0.69%, which is almost fair. So if you invest in it then you can get good returns but you have to invest with long term vision. So, we can get to see Venkys Share Price Target 2030 of ₹5100 and if this company continues its trend then the highest price can be ₹5400.
For more details, watch this video –
Conclusion
The target price that is being told on the basis of technical analysis and its technical time keeps on changing from time to time. That’s why this price target is not accurate, if you invest in it, do it on the basis of your research and never invest due to greed.
I have written this article i.e. Venkys Share Price Target 2023, 2024, 2025, 2026, 2030 on the request of you people only, so if you also want to know about any other share, then you can comment. We will definitely discuss about that in the upcoming article. If you have any questions regarding this than you can we will definitely try to reply you best.
FAQs
What will be the share price of Venkys in 2025?
According to our predicted Price, we can get to see share price of Venkys in 2025 of INR 2400 to INR 2500.
What will be the share price of Venkys in 2030?
According to our analysis, we can get to see share price of Venkys in 2030 of INR 5100 to INR 5400.
Is Venkys a debt free company?
No, the Venkys India has a huge debt of ₹203 crore and its debt to equity ratio is 0.16.
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DISCLAIMER – Stock Market Investment are subject to market risks, read all scheme related documents carefully before investing.