In this post blog, we are going to discuss Ratnaveer Precision Engineering Ltd.’s Share price target for 2024 to 2030 based on its technical and fundamental analysis. After reading this post you will understand the financial health of the company based on its financial analysis.
Details of Ratnaveer Precision Engineering Ltd.
Ratnaveer Precision Engineering Ltd. is a Vadodara, Gujarat-based company that was incorporated in 2002. And listed in 2003 as both NSE and BSE.
The company mainly engaged in the manufacture of stainless Steel finished sheets, washers, solar roofing hooks, pipes, and tubes.
Products of Ratnaveer Precision Engineering Ltd.
Stainless Steel washers
Solar mounting hooks
Finishing sheets
Tubes and pipes
The management of Ratnaveer Precision Engineering Ltd.
Mr. Vijay Ramanlal Sanghvi is the Chairman and managing director of Ratnaveer Precision Engineering Ltd.
Mr. Babulal Chalpat is a full-time director of Ratnaveer Precision Engineering Ltd.
Peer Competitors of Ratnaveer Precision Engineering Ltd.
DP wiresLtd.
Rhetan TMT Ltd.
Cosmic CRF Ltd.
Geekay Wires Ltd.
Fundamentals of Ratnaveer Precision Engineering Ltd.
| Market Cap | 696.45 Cr. |
| PE | 46.7 |
| PB | 2.55 |
| Dividend Yield | 0% |
| Cash | 30.37 Cr. |
| DEBT | 229.99 Cr. |
| EPS | 5.16 |
| ROE | 29.8% |
| ROCE | 14.51% |
| Sales Growth | 12.37% |
| Profit Growth | 164.29% |
Fundamental analysis of Ratnaveer Precision Engineering Ltd.
Strength
The revenue growth of the company over the past three years is 17.34% and profit growth is 51.55%.
The company’s debt-to-equity ratio has decreased to 0.308, indicating improved financial health.
Weakness
The company showing negative cash flow from its operations.
The EBITDA margin of the company has been zero percent over the past 5 years.
The price-to-cash flow ratio is zero.
Ratios analysis of Ratnaveer Precision Engineering Ltd.
Profitability Ratios:
Return on Equity (ROE) of the Ratnaveer is 29.8% indicating a decent return on shareholders equity.
The return on capital Employed(ROCE) of the Ratnaveer is 14.51% indicating a moderate return on capital employed by the company.
Liquidity Ratios:
The current Ratio of the Ratnaveer is 0.93%, which indicates the company can meet its short-term liabilities with its short-term assets.
The debt-to-equity ratio of the Ratnaveer is 0.308, which indicates significant debt Reliance, which can be risky.
Efficiency Ratios:
EBITDA margin of Ratnaveer is 0%, indicating the company is not generating any operating profit before the depreciation and amortization.
Market Valuation Ratios:
The price-to-earnings ratio (PE) of Ratnaveer is 46.7, which is significantly higher than the industry average suggesting the company has overvaluation.
The price-to-book ratio(PB)of Ratnaveer is 2.55, which indicates the ratio is higher than the industry average, potentially indicating overvaluation.
Share Holding Pattern of Ratnaveer Precision Engineering Ltd.
| Shareholder Category | Percentage Holding |
| Promoters | 55.48% |
| Domestic Institutional Investors | 0.01% |
| Foreign Institutional Investors | 4.23% |
| Public & Others | 37.47% |
| Government Holding | 0.00% |
| Corporate Holding | 2.81% |
The promoter holding in Ratnaveer is 55.48% indicating and commitment to the company’s success.
FII and DII folding in Ratnaveer r relatively low, suggestingLtd. institutional interest.
Public and other shareholders hold 37.47%, employing diverse ownership structures.
Dividend History of Ratnaveer Precision Engineering Ltd.
Unfortunately, Ratnaveer is not paying any dividend to its shareholders till the company is in profit in recent years they have reinvested their profit into the business for growth and expansion.
Ratnaveer Precision Engineering Ltd. Share Price Targets
| Year | Initial year | Mid Year | End of Year |
| 2024 | 139 | 147 | 159 |
| 2025 | 152 | 176 | 206 |
| 2026 | 195 | 229 | 237 |
| 2027 | 232 | 241 | 255 |
| 2028 | 249 | 260 | 274 |
| 2029 | 267 | 279 | 295 |
| 2030 | 284 | 298 | 317 |
Ratnaveer Precision Engineering Ltd. Share price Target 2024
In 2023, Most Indian stocks like Ratnaveer experienced an impressive bull run in the quarter of 2024, the bullish sentiment of the stock market will likely stay the same with some consolidation in the beginning few months because major events began. So the initial share price target for Ratnaveer in 2024 is projected to be 139, and with favorable market conditions, the mid-year price target for the stock could reach 147. By the end of 2024, the price target for Ratnaveer is expected to potentially reach159.
Ratnaveer Precision Engineering Ltd. Share price Target 2025
As per historical data and market trends Initial share price target in 2025 for Ratnaveer is expected to be 152 and the mid-year price target for Ratnaveer will be 176. By the end of 2025, the price target for Ratnaveer is expected to potentially reach 208.
Ratnaveer Precision Engineering Ltd. Share price Target 2026
The initial share price target for Ratnaveer in 2026 is projected to be 195 With favorable market conditions, the mid-year price target for Ratnaveer could reach 229, By the end of 2026, the price target for Ratnaveer is expected to potentially reach 237.
Ratnaveer Precision Engineering Ltd. Share price Target 2027
If the border market is the fever of the sector then the initial share price target for Ratnaveer in 2027 is projected to be 232 With favorable market conditions, the mid-year price target for Ratnaveer could reach 241, By the end of 2027, the price target for Ratnaveer is expected to potentially reach 255.
Ratnaveer Precision Engineering Ltd. Share price Target 2028
The initial share price target for Ratnaveer in 2028 is projected to be 249 with favorable market conditions, the mid-year price target for Ratnaveer could reach 260, By the end of 2028, the price target for Ratnaveer is expected to potentially reach 274.
Ratnaveer Precision Engineering Ltd. Share price Target 2029
The initial share price target for Ratnaveer in 2029 is projected to be 267 with favorable market conditions, the mid-year price target for Ratnaveer could reach 279, By the end of 2029, the price target for Ratnaveer is expected to potentially reach 295.
Ratnaveer Precision Engineering Ltd. Share price Target 2030
The initial share price target for Ratnaveer in 2030 is projected to be 284 with favorable market conditions, the mid-year price target for Ratnaveer could reach 298, By the end of 2030, the price target for Ratnaveer is expected to potentially reach 317.
Read More: KFINTECH Share Price Target From 2024 to 2030
Conclusion:
Ratnaveer is a trending Stock right now with strong financial matrices. In some conditions the is not unfavorable of safe investors like negative cash flow, no dividend payment. But overall its performance is good. So before investment consider all parameters and market conditions. The information is only for reference purposes.
FAQ:
What is Ratnaveer Precision Engineering Ltd.’s Share price Target for 2024?
In 2023, Most Indian stocks like Ratnaveer experienced an impressive bull run in the quarter of 2024, the bullish sentiment of the stock market will likely stay the same with some consolidation in the beginning few months because major events began. So the initial share price target for Ratnaveer in 2024 is projected to be 139, and with favorable market conditions, the mid-year price target for the stock could reach 147. By the end of 2024, the price target for Ratnaveer is expected to potentially reach159.
What is Ratnaveer Precision Engineering Ltd.’s Share price Target for 2025?
As per historical data and market trends Initial share price target in 2025 for Ratnaveer is expected to be 152 and the mid-year price target for Ratnaveer will be 176. By the end of 2025, the price target for Ratnaveer is expected to potentially reach 208.
What is Ratnaveer Precision Engineering Ltd.’s Share price Target for 2030?
The initial share price target for Ratnaveer in 2030 is projected to be 284 with favorable market conditions, the mid-year price target for Ratnaveer could reach 298, By the end of 2030, the price target for Ratnaveer is expected to potentially reach 317.