Stock to Buy: If investors want to earn in a fluctuating market, then they can bet according to the opinion of market experts.
A market expert has selected a strong stock for buying. A market expert has chosen Poddar Pigments (NSE: PODDARMENT) for purchase. This stock can bring investors strong returns in the future.
This share can be included in the portfolio from a short to long-term perspective.
If you are also planning to earn from the stock market then you can invest money in this share.
Expert Chose This Powerful Stock
A market expert has chosen Poddar Pigments for purchase. An expert said that you can include this stock in your portfolio before Holi.
This company has a plant in Jaipur, and The company has been around since 1991. The expert said that the valuations of the company are cheap.
How Are The Company’s Fundamentals?
Experts say that the credit rating of the company is quite good. The company’s credit rating is A+. The stock of the company is attempting to find support near its 200 DMA.
It is currently traded at a multiple 12 PE. In December 2022 the company reported a profit of Rs 6.90 Crores, while in December 2023 the company registered a profit of Rs 7.25 Crores.
This is a zero debt company and the dividend yield of the company is around 1 percent. Domestic and foreign investors have a stake in the company of around 1 percent.
You can include this stock in your portfolio for the short or long term.
About Poddar Pigments Ltd Company
Poddar Pigments Limited produces color and additive master batches for dope dyeing of man-made fibres (MMF), for various plastic applications and engineering plastics and compounds.
The Company produces smart products that add functionality to various end products such as plastics and textiles.
It also produces color and additive master batches for Personal Protective Equipment (PPE), as well as other industries.
The company’s products include plastics, packaging, and engineering compounds.
Man-made fibers are polyester, polypropylene, and polyamide.
Plastics and packaging include masterbatches for additives, films, packaging, pipes, extrusions, PET preforms, bottles, polyester film, and plastic smart products.
It offers four series of engineering compounds: carboplus, butoplus, nyloplus, and polyplus.
Fundamental Analysis of Poddar Pigments Ltd
| Market Cap | ₹ 381 Cr. |
| Current Price | ₹ 361 |
| 52-wk High | ₹ 409 |
| 52-wk Low | ₹244 |
| Stock P/E | 13.8 |
| Book Value | ₹ 277 |
| Dividend | 0.97 % |
| ROCE | 12.2 % |
| ROE | 8.94 % |
| Face Value | ₹ 10.0 |
| P/B Value | 1.30 |
| OPM | 10.4 % |
| EPS | ₹ 26.0 |
| Debt | ₹ 0.00 Cr. |
| Debt to Equity | 0.00 |
Poddar Pigments Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹361 | ₹400 |
| 2025 | ₹412 | ₹434 |
| 2026 | ₹444 | ₹484 |
| 2027 | ₹500 | ₹545 |
| 2028 | ₹600 | ₹634 |
| 2029 | ₹650 | ₹689 |
| 2030 | ₹712 | ₹784 |
Poddar Pigments Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 62.43% |
| Mar 2023 | 62.43% |
| June 2023 | 62.43% |
| Sept 2023 | 62.43% |
| Dec 2023 | 62.43% |
| FII Holding | |
| Dec 2022 | 0.48% |
| Mar 2023 | 0.48% |
| June 2023 | 0.51% |
| Sept 2023 | 0.48% |
| Dec 2023 | 0.48% |
| DII Holding | |
| Dec 2022 | 0.24% |
| Mar 2023 | 0.24% |
| June 2023 | 0.24% |
| Sept 2023 | 0.24% |
| Dec 2023 | 0.24% |
| Public Holding | |
| Dec 2022 | 36.85% |
| Mar 2023 | 36.85% |
| June 2023 | 36.81% |
| Sept 2023 | 36.84% |
| Dec 2023 | 36.84% |
Poddar Pigments 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 | ₹357 Cr |
| 2020 | ₹357 Cr |
| 2021 | ₹261 Cr |
| 2022 | ₹296 Cr |
| 2023 | ₹358 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹17 Cr |
| 2020 | ₹21 Cr |
| 2021 | ₹24 Cr |
| 2022 | ₹21 Cr |
| 2023 | ₹28 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | 8% |
| 5 Years: | 9% |
| 3 Years: | 9% |
| Current Year: | 9% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 11% |
| 5 Years: | 9% |
| 3 Years: | 9% |
| Last Year: | 9% |
Sales Growth Over 10 Years:
| 10 Years: | 2% |
| 5 Years: | 0% |
| 3 Years: | -2% |
| Current Year: | 6% |
Conclusion
This article is a complete guide about Poddar Pigments 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.
If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.
If you have any further queries, please comment below. We will be happy to answer all your questions.
If you like this information, share the article with as many people as possible.
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.
