We are going to predict the share price of Mishtan Foods for the year 2024 to 2030. This is based on our experience, research, and technical analysis. Mishtann is a food-processing company that engages in high-quality rice products.
The company was established in 1981 and listed on the Indian Stock Exchange on 3 August 2018. In 2019, the company gave huge returns to its investors and the share price touched 62.50, a growth of 3100 percent in a year.
The company has published its financial results, the total revenue is Rs 498.58 crore and the net profit is Rs 31.41 crore.
Today in this forecast we will predict Mishtan Foods’ share price for the years 2024, 2025, 2026 to 2030. The target price of the shares is based on various aspects and technical analysis.
Fundamentals of Mishtann Foods
The company’s quarterly results increased by 85.73% (YoY) to Rs 293.94 crore and net income increased by 524.83% (YoY) to Rs 68.91 crore. Net profit margin increased by 236.3% to 23.44%.
| Company Name | Mishtann Foods Limited |
| Founded | 1981 |
| Revenue (Q2FY23) | ₹293.94Cr |
| Net Profit | ₹68.91Cr |
| Net Profit Margin (YoY) | 236.3% |
| EPS (TTM) | 0.50 |
| Dividend Yield | 0.05% |
| P/E Ratio | 14.67 |
| ROE | 36.73 |
| Buy/ Sell/ Hold | Buy |
| Debt to Equity | 0.33 |
| Face Value | 1 |
Mishtann Foods Share Price Target
Market experts say there will be an uptrend in the next 6 months and the target price for 2024 is Rs 18.00 to Rs 20.00. But, our analysis shows the following results:
| Year | Target-I | Target-II |
|---|---|---|
| 2024 | ₹23.25 | ₹33.35 |
| 2025 | ₹35.50 | ₹48.30 |
| 2026 | ₹50.15 | ₹64.50 |
| 2027 | ₹68.10 | ₹75.70 |
| 2028 | ₹76.20 | ₹85.50 |
| 2029 | ₹81.40 | ₹98.30 |
| 2030 | ₹133.70 | ₹160.40 |
Mishtann Foods Share Price Target for 2024
Based on the company’s historical performance and growth prospects, Mishtann Foods share price can reach Rs 23.25 to Rs 33.35 by the end of 2024.
- Target-I: Rs 23.25
- Target-II: Rs 33.55
Mishtann Foods Share Price Target for 2025
We can expect further upside in mid-2025, and the target price for Mishtan Foods will reach Rs 35.50 to Rs 48.30 by the end of 2025.
- Target-I: Rs 35.50
- Target-II: Rs 48.30
Mishtann Foods Share Price Target for 2026
The company expands its food product line both domestically and internationally, which can help to grow its share price. Based on our analysis, the maximum target price of Mishtann Foods shares can reach Rs 50.15 to Rs 64.50 by the end of 2026.
- Target-I: Rs 50.15
- Target-II: Rs 64.50
Mishtann Foods Share Price Target for 2027
The highest target price for Mishtann Foods shares will be Rs 68.10 to Rs 75.70 by 2027.
- Target-I: Rs 68.10
- Target-II: Rs 75.70
Mishtann Foods Share Price Target for 2028
According to our analysis, the highest target price for Mishatan Foods shares will be Rs 76.20 to Rs 85.50 by 2028.
- Target-I: Rs 76.20
- Target-II: Rs 85.50
Mishtann Foods Share Price Target for 2030
If the company maintains its previous growth, its share price may reach the level of Rs 133.70 to Rs 160.40 by 2030.
- Target-I: Rs 133.70
- Target-II: Rs 160.40
Mishtann Foods Share Price Target for 2035
As per the current data and market trends, the maximum target price for Mishtann Foods shares will be Rs 345.10 to Rs 415.00 by 2035.
Mishtann Foods Ltd Overview
Mishtann Foods Limited is an established company engaged in the production of rice and related products. The company offers a wide range of rice varieties including basmati rice, non-basmati rice, organic rice, etc.
The company has a good distribution network in both domestic and international markets and partnerships with retailers, and wholesalers to ensure the wide availability of products.
Their products are known for their superior quality, taste, and nutritional value. Mishtan Foods sources its rice from selected paddy fields and adopts rigorous quality control measures to ensure consistent excellence.
Growth Prospects
The company has expanded its presence and added several food products to its portfolio. Its good customer base and supply chain make it an attractive investment opportunity for the investor.
Risk Factors
Before getting into the Mishtan Foods share price target, it is necessary to understand the Risk factors that can affect its share prices. These factors are…
- Competition: There is huge competition within the food industry, if Mishton Foods faces stiff competition from established players, it will have an impact on the financial share price.
- Supply chain risk: Food companies depend on a supply chain for transportation and distribution. So, any disruption in the supply chain such as a natural disaster, trade dispute, or transportation issue can affect revenue growth.
- By the Regulatory body: The food industry is subject to various regulations regarding food safety, labeling, advertising, and health standards. Therefore, failure to follow these rules may result in fines and reputational damage.
FAQs
The current share price of Mishtann Foods on 19 February 2024 is ₹22.91.
To buy shares of Mishtann Foods or any other company, you usually need to open a Demat/Trading account. You can choose an online brokerage platform. Once your account is set up, you can place a buy order for the desired number of shares through your chosen brokerage platform.
The target price of Mishtann Foods’ shares is Rs 35.50 to Rs 48.30 by 2025.
The target price of Mishtann Foods shares in 2028 will be Rs 76.20 to Rs 85.50.
Before investing in any stock, you need to do thorough research. Check the company’s financial health, revenue growth, profitability, competitive position within the industry, management team, and potential risks.
The maximum target price of Mishtann Foods’ shares is Rs 133.70 to Rs 160.40 by 2030.
Conclusion
Overall, Mishtan Foods has established itself as a reputed brand in the FMCG industry. With its strong product portfolio, it continues to grow and expand its market presence both domestically and internationally.
Disclaimer: The target price of Mishtann Foods is based on our experience, research, and technical analysis. The share price is always subject to market risks due to various reasons and may differ from the actual price. Therefore, do your research and consult your financial advisor.
