Penny Stock Shares of Panabyte Technologies Will be in focus today Monday.
Actually, the company has received a big order. Panabyte Technologies has told the stock market that it has received an order worth Rs 8 crore from Mahindra & Mahindra.
We would like to inform you that stock have been traded at twenty rupees on the last day of Friday.
What Are The Details
Based on the data, Mahindra had entrusted the task of supplying a range of security products
such as biometric solutions, door access control systems and tools for managing time for Panabyte Technologies.
Let us tell you that Panabyte Technologies Limited is a leading company in the tech solutions sector.
It provides a broad array of services that span various sectors.
With a list of customers that includes private companies PSUs, government bodies and other private entities, Panabyte Technologies maintains a significant presence in the domestic market.
Status Of Company’s Shares
The company’s shares have risen 20% so far this year YTD. It has given returns of up to 40% in the last six months and up to 16% in a month.
However, it has given negative returns in the last one year and five years. Its 52-week high price is Rs 24.85 and its 52-week low price is Rs 13.26.
The market cap of the company is Rs 9 crore.
About Panabyte Technologies Ltd Company
Panabyte Technologies Limited engages in selling electronic and electrical consumer products in India.
It provides IT Hardware and its peripherals as well as installation services, along with maintenance of biometric and surveillance systems.
It was named Panache Innovations Limited and changed its name to Panabyte Technologies Limited in October 2022.
Panabyte Technologies Limited was founded in 1981 and has its headquarters in Thane, India.
Fundamental Analysis of Panabyte Technologies Ltd
| Market Cap | ₹ 8.78 Cr. |
| Current Price | ₹ 20.0 |
| 52-wk High | ₹ 24.8 |
| 52-wk Low | ₹13.3 |
| Stock P/E | — |
| Book Value | ₹ 5.72 |
| Dividend | 0.00 % |
| ROCE | 2.26 % |
| ROE | -3.80 % |
| Face Value | ₹ 10.0 |
| P/B Value | 3.50 |
| OPM | -12.4 % |
| EPS | ₹ -1.91 |
| Debt | ₹ 3.27 Cr. |
| Debt to Equity | 1.30 |
Panabyte Technologies Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹24 | ₹26 |
| 2025 | ₹27 | ₹34 |
| 2026 | ₹36 | ₹41 |
| 2027 | ₹46 | ₹52 |
| 2028 | ₹55 | ₹62 |
| 2029 | ₹63 | ₹75 |
| 2030 | ₹80 | ₹100 |
Panabyte Technologies Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 32.97% |
| Mar 2023 | 32.97% |
| June 2023 | 32.97% |
| Sept 2023 | 32.97% |
| Dec 2023 | 30.96% |
| Public Holding | |
| Dec 2022 | 67.03% |
| Mar 2023 | 67.04% |
| June 2023 | 67.04% |
| Sept 2023 | 67.04% |
| Dec 2023 | 69.04% |
Panabyte Technologies Ltd 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 | ₹8.32 Cr |
| 2020 | ₹15.12 Cr |
| 2021 | ₹9.81 Cr |
| 2022 | ₹8.38 Cr |
| 2023 | ₹3.22 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹0.13 Cr |
| 2020 | ₹0.04 Cr |
| 2021 | ₹-0.10 Cr |
| 2022 | ₹0.01 Cr |
| 2023 | ₹-0.84 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0 |
| 2020 | 0.57 |
| 2021 | 0.71 |
| 2022 | 0.75 |
| 2023 | 1.1 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | — |
| Current Year: | -183% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 2% |
| 5 Years: | 0% |
| 3 Years: | -2% |
| Last Year: | -4% |
Sales Growth Over 10 Years:
| 10 Years: | 50% |
| 5 Years: | -24% |
| 3 Years: | -16% |
| Current Year: | -68% |
Conclusion
This article is a complete guide about Panabyte Technologies 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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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
