Multibagger Stock: Xpro India (NSE: XPROINDIA) is a stock that is continuously giving excellent returns to its investors. There has been a tremendous rise in the shares of the company in the last three years.
During this period, it has increased from ₹ 48.70 to ₹ 1,077. That means it has given a return of 2111%.
What is even more shocking is that the stock has increased by a whopping 10000% in the last four years. Four years ago the price of this share was ₹10.5.
1 Lakh Becomes 1 Crore Rupees
A person who put up Rs. one lakh into Expro India stock four years ago and invested until the date of his investment, his wealth could have increased to 1.02 crore.
It climbed to the record of Rs 1,297 per share on February 27. The company specifically operates in the polymer processing industry in India.
It is a part of three divisions: Biax, Coex, and Thermoset.
Experts Also Has An Interest
Data indicates that the Indian stock market’s “Big Whale’ expert held 3.67 percent of the stake in Feb 2024.
The company has shown a healthy improvement in its performance during the quarter ending December 2023 (Q3FY24).
Revenue from operations witnessed a growth of 3.22% year-on-year to reach ₹96.1 crore compared to ₹93.1 crore in Q3FY23.
Its net profit increased to ₹10.07 crore in Q3FY24 compared to ₹6.5 crore in Q3 FY23, an increase of 55%.
About Xpro India Limited
Xpro India Limited is an Indian-based business that is involved in the field of processing polymers.
The company operates its polymer operations in two separate divisions. Biax Division and Coex Division.
The Biax Division produces a selection of biaxially oriented polypropylene (BOPP) films and dielectric films made on automated production lines.
These films have many uses in a variety of applications, all the way from packaging for food to films that are used in electronics,
as well as being employed for printing lamination, cigarette wraps and adhesive tapes bitumen membrane lamination, and other applications.
The Coex Division manufactures coextruded sheets that include thermoformed refrigerator liners as well as coextruded casting films.
The Coex Division’s products are based on a variety of polymers like acrylonitrile-butadiene Styrene (ABS) as well as polystyrene,
Polypropylene (PP) as well as polyethylene (PE) & are being utilized in a variety of applications, such as sheets for refrigerator liners, disposable containers, and automotive components.
Fundamental Analysis of Xpro India Limited
| Market Cap | ₹ 2,273 Cr. |
| Current Price | ₹ 1,043.80 |
| 52-wk High | ₹ 1,298 |
| 52-wk Low | ₹ 600 |
| Stock P/E | 63.6 |
| Book Value | ₹ 166 |
| Dividend | 0.19 % |
| ROCE | 28.4 % |
| ROE | 26.6 % |
| Face Value | ₹ 10.0 |
| P/B Value | 6.21 |
| OPM | 14.9 % |
| EPS | ₹ 18.3 |
| Debt | ₹ 31.3 Cr. |
| Debt to Equity | 0.09 |
| Year | 1st Target | 2nd Target |
| 2024 | ₹1100 | ₹1184 |
| 2025 | ₹1195 | ₹1270 |
| 2026 | ₹1275 | ₹1318 |
| 2027 | ₹1320 | ₹1400 |
| 2028 | ₹1421 | ₹1475 |
| 2029 | ₹1475 | ₹1547 |
| 2030 | ₹1600 | ₹1745 |
| Promoters Holding | |
| Mar 2023 | 51.37% |
| June 2023 | 51.37% |
| Sept 2023 | 45.26% |
| Dec 2023 | 45.26% |
| Feb 2023 | 42.46% |
| FII Holding | |
| Mar 2023 | 0.04% |
| June 2023 | 0.08% |
| Sept 2023 | 11.99% |
| Dec 2023 | 12.04% |
| Feb 2023 | 14.98% |
| DII Holding | |
| Mar 2023 | 0.70% |
| June 2023 | 0.77% |
| Sept 2023 | 0.67% |
| Dec 2023 | 0.52% |
| Feb 2023 | 3.32% |
| Govt. Holding | |
| Mar 2023 | 0.04% |
| June 2023 | 0.04% |
| Sept 2023 | 0.04% |
| Dec 2023 | 0.04% |
| Feb 2023 | 0.04% |
| Public Holding | |
| Mar 2023 | 47.84% |
| June 2023 | 47.73% |
| Sept 2023 | 42.05% |
| Dec 2023 | 42.13% |
| Feb 2023 | 39.20% |
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 | ₹345 Cr |
| 2020 | ₹354 Cr |
| 2021 | ₹370 Cr |
| 2022 | ₹469 Cr |
| 2023 | ₹461 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹2 Cr |
| 2020 | ₹0 Cr |
| 2021 | ₹8 Cr |
| 2022 | ₹45 Cr |
| 2023 | ₹36 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 1.85 |
| 2020 | 1.82 |
| 2021 | 1.21 |
| 2022 | 0.51 |
| 2023 | 0.15 |
Last 10 Years’ Profit Growth:
| 10 Years: | 29% |
| 5 Years: | 47% |
| 3 Years: | 347% |
| Current Year: | -39% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 2% |
| 5 Years: | 19% |
| 3 Years: | 27% |
| Last Year: | 27% |
Sales Growth Over 10 Years:
| 10 Years: | 8% |
| 5 Years: | 11% |
| 3 Years: | 13% |
| Current Year: | -13% |
Conclusion
This article is a complete guide about Xpro India Limited 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.
