If you think about which stock will be the best investment in recent times, then you should know about Kothari Petrochemicals Ltd Share Price Target. Today in this blog post I will discuss the basics of Kothari Petrochemicals Ltd Share Price Target for 2024, 2025, to 2030. We did deep research and took expert advice to write this blog post and to understand the basics of the company’s growth, performance, Future Plans, etc Of Kothari Petrochemicals Ltd.
Kothari Petrochemicals Ltd is a petrochemicals sector company listed in both BSE and NSE. In this blog post, we will discuss Kothari Petrochemicals Ltd’s financial growth, business policies, the shareholding pattern, and its forecast of share price yearly. we use a lot of website data to analyze and understand the Kothari Petrochemicals Ltd’s fundamentals and its future Share Price prediction from 2024 up to 2030.
About Kothari Petrochemicals Ltd.
Kothari Petrochemicals Ltd is a petrochemical company that was incorporated in the year of 1989 as a part of the H.C Kothari Group of Companies and promoted by Kothari Sugars and Chemicals Ltd. The headquarters of Kothari Petrochemicals Ltd is located in Chennai, Tamil Nadu. The company mainly engaged in the production of polyisobutylene, a versatile polymer used in various industries.
Clients of Kothari Petrochemical Ltd.
Major clients of the company are
Lubricant manufacturers
Adhesive and Sealant Manufacturers
Paints and Coatings Manufacturers
Rubber Manufacturers
Medical Device Manufacturers
Cosmetics Manufacturers
Electronics Manufacturers
The company exports its PIB products to more than 20 countries in the world some of them are China, Japan, Korea, Germany, France, Italy, The United Kingdom, the United States, Canada, Brazil, Argentina, South Africa, and Egypt.
Fundamentals of Kothari Petrochemicals Ltd.
| Market Cap | 1,362.12 Cr. |
| P/E Ratio | 20.18 |
| P/B Ratio | 5.13 |
| Dividend Yield | 0.76% |
| Book Value (TTM) | 45.13 |
| Cash | 11.71 Cr. |
| Debt | 0 Cr. |
| EPS (TTM) | 11.47 |
| Sales Growth | 25.09% |
| ROE | 29.13% |
| ROCE | 41.76% |
| Profit Growth | 62.81% |
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Fundamental Analysis of Kothari Petrochemicals Ltd.
Before investing we need to understand Kothari Petrochemicals Ltd’s major ratios like PE ratio, return on assets, earnings per share, and return on equity, etc. In this section, I will discuss the past financial performance of Kothari Petrochemicals Ltd and its future Share Price prediction based on the ratios analyzed below.
PE Ratio
Kothari Petrochemicals Ltd has a 20.18% PE ratio compared to its sector PE ratio of 17.57%, indicating that the stock is overvalued compared to its sector.
Profit Growth
The profit growth of Kothari Petrochemicals Ltd for the last was 1 year is 61.54%, for the last 3 years 40.32%, and last 5 years 39.03%, which shows strong and stable performance, making it potentially attractive for investors looking for long-term growth.
Return on Assets
Kothari Petrochemicals Ltd’s Return on assets decreased from 14.75% in 2022 to 14.49 % in 2023, but overall the company’s asset utilization has improved considerably.
Return on Equity
The Return on Equity of Kothari Petrochemicals Ltd for the last was 1 year is 29.13%, for the last 3 years 25.11%, and last 5 years 23.08%, indicating stronger profitability and improved financial management, making it an attractive choice for equity investors seeking long-term growth.
ROCE
The ROCE of Kothari Petrochemicals Ltd shows a slight dip can be observed between 2022 from 26.78% to 26.15% in 2023, but the overall growth is strong over a multiple period.
Dividend Yield
The company pays interim and final dividends to its investors. And Kothari Petrochemicals Ltd is paid a dividend of 1 Rs. And the yield is 10%. in 2024 compared to 0.75 Rs. And the yield was 7.5% in 2023 indicating a 33.33% rise. This showing that an improvement in its financial position and its commitment to returning value to shareholders.
Earnings per Share
The current year EPS of Kothari Petrochemicals Ltd is 11.47 Rs., generally higher EPS is better for its investors.
Share Holding Pattern of Kothari Petrochemicals Ltd.
Promoters: 70.98%
Public: 28.87%
FII (Foreign Institutional Investors): 0.02%
DII (Domestic Institutional Investors): 0.12%
Promoters Holding
Promoter shareholding in the company has increased from 70.98%, which indicates that promoters have strong control and confidence in the company’s future performance.
FII & DII Holding
FII & DII Holding 0.02% and 0.12% of Kothari Petrochemicals Ltd, which indicates that the institutional investors do not have a significant interest or confidence in the company at present.
Public Holding
Public holding in the company is around 28.87% which indicates that Kothari Petrochemicals Ltd has a reasonable level of market liquidity.
Kothari Petrochemicals Ltd Share Price Target from 2024 to 2030
| Year | Minimum Share Price Target | Maximum Share Price Target |
| 2024 | 167 | 266 |
| 2025 | 239 | 314 |
| 2026 | 295 | 396 |
| 2027 | 372 | 458 |
| 2028 | 422 | 531 |
| 2029 | 502 | 598 |
| 2030 | 571 | 690 |
Kothari Petrochemicals Ltd Share Price Target 2024
In this volatile market, the gave massive movement and broke its all-time high of 169 and now trading above its all-time high. Now the stock is trying to retest its previous support of 186, if the stock sustains above this level then the stock will continue its up trend. So as per the expert’s analysis, Kothari Petrochemicals Ltd’s Share Price Target 2024 will be a minimum of 167 and a maximum of 266.
| Minimum Share Price Target | 167 |
| Maximum Share Price Target | 266 |
Kothari Petrochemicals Ltd Share Price Target 2025
Kothari Petrochemicals Ltd’s profit growth has increased over the last 1 year is 61.54% and over the last 3 years by 40.32% and over the last 5 years, 39.03%, indicating that the company has shown impressive profit growth in the short, medium, and the long term growth has been modest. so we are expecting Kothari Petrochemicals Ltd Share Price Target 2025 will be a minimum of 239 and a maximum of 314.
| Minimum Share Price Target | 239 |
| Maximum Share Price Target | 314 |
Kothari Petrochemicals Ltd Share Price Target 2026
Kothari Petrochemicals Ltd’s sales growth has increased over the last 1 year is 25.09% and over the last 3 years 38.54% and over the last 5 years, 15%, indicating that the company has shown improving sales growth. So we are expecting Kothari Petrochemicals Ltd Share Price Target 2026 will be a minimum of 295 and a maximum of 396.
| Minimum Share Price Target | 295 |
| Maximum Share Price Target | 396 |
Kothari Petrochemicals Ltd Share Price Target 2027
Kothari Petrochemicals Ltd’s debt-to-equity ratio is 0. This indicates that the company has low financial risk. So we are expecting Kothari Petrochemicals Ltd Share Price Target 2027 will be a minimum of 372 and a maximum of 458.
| Minimum Share Price Target | 372 |
| Maximum Share Price Target | 458 |
Kothari Petrochemicals Ltd Share Price Target 2028
If the micro economy and the macro economy are in favor of the sector then Kothari Petrochemicals Ltd’s Share Price Target for 2028 will be a minimum of 422 and a maximum of 531.
| Minimum Share Price Target | 422 |
| Maximum Share Price Target | 531 |
Kothari Petrochemicals Ltd Share Price Target 2030
As per the new PCPIR policy, 2020-35 aims to attract investment of US$ 213 billion by 2030, this will create new opportunities for the business growth of the company, so we are expecting Kothari Petrochemicals Ltd Share Price Target for 2030 will be a minimum of 571 and a maximum of 690.
| Minimum Share Price Target | 571 |
| Maximum Share Price Target | 690 |
Read more: Gulf Oil Lubricants India Ltd.Share Price Prediction
Final Words
Kothari Petrochemicals Ltd has improved sales growth, a stable finance position, and experienced management. The company has been operating in the market for more than 4 decades with experience in the petrochemical sector. The company does not have any red flags in its balance sheet, the company also pays regular dividends. Over good company for long-term investment. This post is for reference purposes only, this is not a buy and sale recommendation. Before taking any investment decision consult your financial adviser. If you like this post comment below and share this article with your friends and family.