Sarveshwar Foods Ltd (NSE: SARVESHWAR)– Good momentum was recorded in the initial functioning of the stock market on Thursday.
BSE Sensex was functioning at the level of 72 763 points with a rise of 580 points. At present, Nifty is working at the level of 22039 points with a strength of 200 points.
Amidst the bumper boom in the stock market, all the Nifty indices were working in the green.
During the bumper trading period in the stock market, on Thursday, the shares of Sarveshwar Foods Limited were up by 1.69 percent and were working at the level of Rs 9.30.
Sarveshwar Foods Ltd with a market cap of around Rs 880 crore is an FMCG products company whose shares have a 52-week high of Rs 15.55 while a 52-week low of Rs 2.08.
Sarveshwar Foods has informed the stock market that the company has started a new initiative through the Sarveshwar Facilitation Center, to promote millet production among the farmers of Jammu-Kashmir and Himachal.
Sarveshwar Foods Limited has started a new campaign from its Facilitation Center to motivate farmers to grow millet products.
Just a few days ago, Prime Minister Narendra Modi gave the title of Shri Anna to nutrient-rich millets and talked about including it in people’s daily diets.
Given this, Sarveshwar Foods Limited has prepared a plan to increase the production of Shree Anna among the farmers of Jammu-Kashmir and Himachal.
According to the FMCG company, this initiative will have a positive effect on the incomes of farmers.
About Sarveshwar Foods Ltd
Sarveshwar Foods Limited is involved in the production export, trading, and production of Basmati rice.
This is an extremely long grain of rice with a smooth texture. The company was introduced in 2004 on the 3rd of August.
The company operates its principal headquarters in the State of Jammu & Kashmir, India.
The total revenue of the company is 324.37 crores while equity capital of at 28.97 crores.
Fundamental Analysis of Sarveshwar Foods Ltd
| Market Cap | ₹ 913 Cr. |
| Current Price | ₹ 9.30 |
| 52-wk High | ₹ 15.7 |
| 52-wk Low | 2.08 |
| Stock P/E | 63.2 |
| Book Value | ₹ 2.49 |
| Dividend | 0.00 % |
| ROCE | 8.12 % |
| ROE | 4.69 % |
| Face Value | ₹ 1.00 |
| P/B Value | 3.78 |
| OPM | 7.01 % |
| EPS | ₹ 0.16 |
| Debt | ₹ 290 Cr. |
| Debt to Equity | 1.19 |
Sarveshwar Foods Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 8 | ₹ 16 |
| 2025 | ₹ 17 | ₹ 19 |
| 2026 | ₹ 22 | ₹ 25 |
| 2027 | ₹ 26 | ₹ 28 |
| 2028 | ₹ 28 | ₹ 45 |
| 2029 | ₹ 51 | ₹ 61 |
| 2030 | ₹ 70 | ₹ 85 |
Sarveshwar Foods Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 68.20% |
| Mar 2023 | 57.85% |
| June 2023 | 55.75% |
| Sept 2023 | 54.91% |
| Dec 2023 | 54.91% |
| FII Holding | |
| Dec 2022 | 0.91% |
| Mar 2023 | 2.50% |
| June 2023 | 2.37% |
| Sept 2023 | 3.76% |
| Dec 2023 | 2.59% |
| Public Holding | |
| Dec 2022 | 30.88% |
| Mar 2023 | 39.65% |
| June 2023 | 41.90% |
| Sept 2023 | 41.32% |
| Dec 2023 | 42.49% |
Sarveshwar Foods Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 566 Cr |
| 2020 | ₹ 488 Cr |
| 2021 | ₹ 514 Cr |
| 2022 | ₹ 605 Cr |
| 2023 | ₹ 752 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 18 Cr |
| 2020 | ₹ 6 Cr |
| 2021 | ₹ 5 Cr |
| 2022 | ₹ 3 Cr |
| 2023 | ₹ 14 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 1.6 |
| 2020 | 1.62 |
| 2021 | 1.92 |
| 2022 | 1.88 |
| 2023 | 1.34 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | -14% |
| 3 Years: | 11% |
| Current Year: | 107% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | 6% |
| 3 Years: | 3% |
| Last Year: | 5% |
Sales Growth Over 10 Years:
| 10 Years: | — |
| 5 Years: | 7% |
| 3 Years: | 12% |
| Current Year: | -1% |
Conclusion
This article is a complete guide about Sarveshwar Foods Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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