Welcome another blog post about Chemfab Alkalis Ltd. (CCAL) share price target 2024,2025 till 2030. In this article, we are predicting CCAL share price based on its historical data, its trend, and its historical financial performances. After reading this article you will get complete details of the CCAL share price future targets.
CCAL is listed in both BSE and NSE and engaged in the manufacturing of inorganic chemicals, the company was incorporated in 1985, with headquarters located in Chennai, India. Presently Mr. Suresh Krishnamurthi Roa is the Chairman & Non-Executive Director of the company.
Products of the CCAL
Caustic soda lye, flakes, and liquid
Liquid chlorine
Hydrogen gas
Hydrochloric acid
Sodium hypochlorite/bleach liquor
Industrial grade and edible salt
PVC-O pipes
Fundamentals of CCAL
| Market Cap | 904.88 Cr. |
| PE | 22.37 |
| PB | 2.25 |
| Dividend Yield | 0.2% |
| Book Value | 270.93 |
| Cash | 3.62 Cr. |
| Debt | 0.01 Cr. |
| EPS | 27.60 |
| ROE | 10.04% |
| ROCE | 27.38% |
| Sales Growth | 22.01% |
| Profit Growth | 129.62% |
Fundamental Analysis of CCAL
The fundamental analysis gives the details of the company’s financial health which can help the investors to make investment decisions so here we are using major ratios of CCAL to better understand.
The debt-to-equity ratio of CCAL is close to zero, indicating a strong financial position and minimal risk of defaulting on debt obligations.
CCAL has sufficient a current ratio of 2.10, exceeding the standard benchmark of 1.
CCAL has a net profit margin of 11.36%, indicating they generate a profit of ₹11.36 for every ₹100 of revenue.
CCAL has an ROE of 10.04%, which implies they are generating a 10.04% return on the shareholders’ equity invested in the company.
The ROA of CCAL is 8.59%, suggesting they are generating an 8.59% return on their total assets.
CCAL has a healthy revenue growth of 17.45% over the past 3 years.
CCAL has also shown impressive profit growth, with a 37.29% increase in net profit over the past 3 years.
The P/E ratio of CCAL is currently at 22.37, which is somewhat higher than the industry average. This could indicate that the market is already expecting strong future growth from the company.
The P/B ratio of CCAL is 2.25, which is slightly above the industry average. Indicating that the company’s valuation is slightly higher than its book value.
Share Holding Pattern of CCAL
| Promoters Holding | 72.88% |
| FII Holding | 0.29% |
| DII Holding | 0.11% |
| Public Holding | 26.73% |
The promoters holding in the company is 72.88% indicating that the promoters believe that the company will grow in the future.
FII and DII holdings in the company are 0.29% and 0.11% which is negligible indicating that the company fails to attract smart investors.
Public holding in the company is 26.73% indicating that more liquidity in the market.
Share Price Targets of CCAL
| Year | Minimum | Maximum |
| 2024 | 526 | 696 |
| 2025 | 674 | 810 |
| 2026 | 794 | 968 |
| 2027 | 941 | 1102 |
| 2028 | 1069 | 1211 |
| 2029 | 1186 | 1318 |
| 2030 | 1278 | 1510 |
CCAL Share Price Target 2024
In the volatile market, CCAL is doing well as compared to its peer competitors. As per the technical analysis, the will continue its trend so as per our analysis CCAL share target for 2024 will be a minimum of 526 and a maximum of 696.
| Year | Minimum | Maximum |
| 2024 | 526 | 696 |
CCAL Share Price Target 2025
Increasing demand for chemicals will boost the performance of the company in the future so we are projecting CCAL Share Price Target for 2025 will be a minimum of 674 and a maximum of 810.
| Year | Minimum | Maximum |
| 2025 | 674 | 810 |
CCAL Share Price Target 2026
CCAL has strong finances, experienced management, huge opportunity for growth in recent times. So based on its historical data we are projecting CCAL’s Share Price Target for 2026 will be a minimum of 794 and a maximum of 968.
| Year | Minimum | Maximum |
| 2026 | 794 | 968 |
CCAL Share Price Target 2027
Increasing demand for PVC-O pipes will boost the future performance of CCAL. so we are projecting CCAL Share Price Target for 2027 will be a minimum of 941 and a maximum of 1102.
| Year | Minimum | Maximum |
| 2027 | 941 | 1102 |
CCAL Share Price Target 2028
If the micro and macroeconomic factors in the fever of the industry trend support, we might see the CCAL Share Price Target for 2028 be a minimum of 1069 and a maximum of 1211.
| Year | Minimum | Maximum |
| 2028 | 1069 | 1211 |
CCAL Share Price Target 2029
CCAL’s Share Price Target for 2029 will be a minimum of 1186 and a maximum of 1318.
| Year | Minimum | Maximum |
| 2029 | 1186 | 1318 |
CCAL Share Price Target 2030
The growing demand for eco-friendly alternatives such as chlorine-free bleaching solutions will create a growing opportunity for the company so we are projecting CCAL’s Share Price Target for 2030 will be a minimum of 1278 and a maximum of 1510.
| Year | Minimum | Maximum |
| 2030 | 1278 | 1510 |
Read more: ENIL Share Price Prediction and Fundamental Analysis
Conclusion:
The target is based on its historical price action, financial performances, and market trends. The company has a strong financial position, a diverse product portfolio, and growth opportunities. So before investing conduct a comprehensive analysis and consider your risk tolerance and investment goals.
FAQ:
What is CCAL Share Price Target 2024?
In the volatile market, CCAL is doing well as compared to its peer competitors. As per the technical analysis, the will continue its trend so as per our analysis CCAL share target for 2024 will be a minimum of 526 and a maximum of 696.
What is CCAL Share Price Target 2025?
Increasing demand for chemicals will boost the performance of the company in the future so we are projecting CCAL Share Price Target for 2025 will be a minimum of 674 and a maximum of 810.
What is CCAL Share Price Target 2030?
The growing demand for eco-friendly alternatives such as chlorine-free bleaching solutions will create a growing opportunity for the company so we are projecting CCAL’s Share Price Target for 2030 will be a minimum of 1278 and a maximum of 1510.