If you are searching for the best financial stock to invest in in recent times then you should know about Emkay Global Financial Services Ltd. In this post, I will explain Emkay Global Financial Services Ltd share price target from 2024 to 2030 based on its financial performance and recent trends.
To write this article I took expert advice and analyzed a lot of websites to collect the right information about Emkay Global. In this post, you can understand the company’s financial condition, plans, shareholding patterns, and major ratio analysis.
About Emkay Global Financial Services Ltd.
Emkay Global Financial Services Ltd is a financial service sector company that was incorporated on 24, Jan 1995 by Krishnakumar Karwa and Prakash Kacholia as Emkay Share and Stock Brokers. The headquarters of Emkay Global Financial Services Ltd is located at Dadar, Mumbai, Maharashtra.
Products and Services of Emkay Global Financial Services Ltd
Emkay Global Financial Services Ltd is a trusted financial service provider in India the company offers a wide range of services like
Equity Research
Equity and Derivatives Broking to retail and institutional
Corporate Advisory Service
Depository Services
Investment Broking Services
Investment Banking Services
Wealth Management and Portfolio Management Services
Commodities Research Services
E-Broking
Mutual Fund Distribution
IPO’s
Read more: JM Finance Ltd. Share Price Target 2024, 2025 till 2030
Fundamentals of Emkay Global Financial Services Ltd
| Market Cap | 555.63 Cr |
| Advances | 9.46 Cr |
| P/E Ratio | 12.09 |
| P/B Ratio | 3.08 |
| Dividend Yield | 0.67% |
| Book Value (TTM) | 72.68 |
| Operating Revenue | 252.09 Cr |
| Net Profit | 24.47 Cr |
| EPS (TTM) | 17.86 |
| Sales Growth | 35.43% |
| Return on Equity (ROE) | 15.82% |
| Return on Capital Employed (ROCE) | 22.31% |
| Profit Growth | 130.10% |
Read more: Geojit Financial Services Ltd. Share Price Target 2024, 2025 till 2030
Fundamentals Analysis of Emkay Global Financial Services Ltd
Before investing we need to understand Emkay Global Financial Services Ltd’s major ratios like PE ratio, return on assets, current ratio, and return on equity, etc. Because it gives us financial health information of Emkay Global Financial Services Ltd. So in this section, I will discuss the financial performance of Emkay Global Financial Services Ltd and its future Share Price predictions are based on the ratios analyzed below.
PE Ratio
The PE Ratio of Emkay Global Financial Services Ltd is 12.09 compared to its sector PE is 14.84, which shows that Emkay Global is undervalued compared to sector value.
Earning Per Share
The Earnings per share of Emkay Global Financial Services Ltd is 17.86 which is good.
Earnings Growth
Emkay Global Financial Services Ltd has shown impressive earnings Emkay Global Financial Services Ltd, which indicates a strong fundamental performance of the company.
Dividend Yield
The dividend yield of Emkay Global Financial Services Ltd is 0.74%, which attracts value-oriented investors.
Revenue Growth
The revenue growth of Emkay Global Financial Services Ltd of 39% in 2023-24 282.5 Cr. Vs 203.4 Cr. In the previous year, indicating that strong business activity.
Technical Analysis of Emkay Global Financial Services Ltd
As of 1, October 2024 the stock is trading at 228.21, making an uptrend movement, over the last 6 months, the stock has surged by 85%, and in the past year, it has climbed 163%, this uptrend shows sustained buying interest in the market.
The stock is trading above its 50-day moving average of 188.65 and above its 200-day moving average of 157.29, indicating a bullish signal.
Share Holding Pattern of Emkay Global Financial Services Ltd
Promoters: 74.27%
Public: 24.97%
FII (Foreign Institutional Investors): 0.76%
DII (Domestic Institutional Investors): 0%
Promoters Holding
Promoter shareholding in the company is 74.27% which indicates that promoters have a significant level of control over the company and believe in the company’s future growth.
FII & DII Holding
FII & DII hold 0.76% and 0% respectively in the company, which indicates that the company fails to attract international investors as well as domestic investors.
Public Holding
Public holding in the company is around 24.97% which indicates that has moderate public trust and participation.
Emkay Global Financial Services Ltd Share Price Target from 2024 to 2030
| Year | Minimum Share Price Target | Maximum Share Price Target |
| 2024 | 243 | 292 |
| 2025 | 294 | 352 |
| 2026 | 375 | 459 |
| 2027 | 480 | 576 |
| 2028 | 560 | 666 |
| 2029 | 624 | 756 |
| 2030 | 704 | 864 |
Emkay Global Financial Services Ltd Share Price Target 2024
In recent times the company with the current EPs of 17.02, assuming a moderate growth rate of 10-15% in the coming year, the EPS grow growth could be 18.7 to 19.5 by 2024. and the stock has had 163% in the past year, sowing strong bullish movement. An RSI above 80 suggests it is overbought in the short term, which could lead to a near-term pullback before continuing its uptrend so based on its recent trend experts believe that Emkay Global Financial Services Ltd Share Price Target for 2024 is projected a minimum of 243 and a maximum of 292.
| Year | Minimum Share Price Target | Maximum Share Price Target |
| 2024 | 243 | 292 |
Emkay Global Financial Services Ltd Share Price Target 2025
If Emkay Global maintains a study revenue growth of 15-20% and profitability, its fundamentals will remain strong. And the stock has shown consistent uptrend movement, appreciating by more than 160% in the past year. If the trend continues, with strong fundamentals then the bullish phase will continue for the next couple of years so we are projecting that Emkay Global Financial Services Ltd Share Price Target for 2025 will be a minimum of 294 and a maximum of 352.
| Year | Minimum Share Price Target | Maximum Share Price Target |
| 2025 | 294 | 352 |
Emkay Global Financial Services Ltd Share Price Target 2026
The Indian financial sector is expected to grow steadily, driven by economic expansion, increasing financial inclusion in youth, and demand for capital market services in recent times will boost the company’s performance in the future so we are projecting Emkay Global Financial Services Ltd Share Price Target for 2026 will be minimum of 375 and maximum of 459.
| Year | Minimum Share Price Target | Maximum Share Price Target |
| 2026 | 375 | 459 |
Emkay Global Financial Services Ltd Share Price Target 2027
By 2027, the stock price of Emkay Global Financial Services Ltd Share Price Target could potentially be in the range of a minimum of 480 and a maximum of 575, assuming stable earning growth, a favorable industry outlook, and positive market sentiment.
| Year | Minimum Share Price Target | Maximum Share Price Target |
| 2027 | 480 | 576 |
Emkay Global Financial Services Ltd Share Price Target 2028
The Indian financial services sector is showing consistent growth, supporting financial inclusion, a growing middle class, and the expansion of capital markets, this will benefit companies like Emkay Global, so we are projecting Emkay Global Financial Services Ltd Share Price Target for 2028 will be minimum of 560 and maximum of 666.
| Year | Minimum Share Price Target | Maximum Share Price Target |
| 2028 | 560 | 666 |
Emkay Global Financial Services Ltd Share Price Target 2029
The rising interest rates and changing global economic climate conditions are creating demand for financial services and we are projecting Emkay Global Financial Services Ltd’s Share Price Target for 2029 will be a minimum of 624 and a maximum of 756.
| Year | Minimum Share Price Target | Maximum Share Price Target |
| 2029 | 624 | 756 |
Emkay Global Financial Services Ltd Share Price Target 2030
As financial literacy and investments in capital markets increase in India will benefit Emkay Global in the long term, the Indian economy is expected to grow steadily and support demand for stock broking and financial advisory services in the future so we are projecting Emkay Global Financial Services Ltd Share Price Target for 2030 will be minimum of 704 and maximum of 864.
| Year | Minimum Share Price Target | Maximum Share Price Target |
| 2030 | 704 | 864 |
Read more: Edelweiss Financial Services Ltd. Share Price Target 2024, 2025 till 2030
Final Words
As per our analysis, Emkay Global Financial Services Ltd has shown strong financial performance, and with attractive valuation. The has strong management with experience of nearly 30 years in the financial market. The stock is following technical as well. So the here given are based on recent trends and market direction. This post is for information purposes only, you can take financial expert advice before investing.
FAQ’s
What is Emkay Global Financial Services Ltd Share Price Target 2024?
Emkay Global Financial Services Ltd’s Share Price Target for 2024 is projected at a minimum of 243 and a maximum of 292.
What is Emkay Global Financial Services Ltd Share Price Target 2025?
Emkay Global Financial Services Ltd’s Share Price Target for 2025 will be a minimum of 294 and a maximum of 352.
What is Emkay Global Financial Services Ltd Share Price Target 2030?
Emkay Global Financial Services Ltd’s Share Price Target for 2030 will be a minimum of 704 and a maximum of 864.
