3P Land Holdings Ltd (NSE: 3PLAND) share: The stock market is closed on Monday in connection with the dedication ceremony of the Ram Temple in Ayodhya.
On the weekend of this week, there was normal trade in the markets. There was a huge market for penny stock during this time of trading.
One of these penny shares is 3P Land Holdings. The stock that is associated with the real estate and finance industry saw an increase of over 4 percent on the weekend and the price climbed to the price of Rs 37.11.
It is the 52-week highest of the stock. 3P Land Holdings shares had touched an all-time 52 week high of 37.35 on the 15th of January.
In less than one week of trading, the stock has reached the 52-week mark. The share has risen by 40% to date this year.
The 52-week lowest of the stock is 17.65. The price was recorded in February of the year. The record-breaking high of this share was Rs 420.10. This price was recorded on the 9th of January, 2008.
Changes In Management
Recently, the company changed its management. As per the statement from the business, Upendra Gorkasha Deglurkar has been appointed as an additional director starting on January 20, 2024.
This will be subject to approval from shareholders at the AGM meeting. The company also released the results for its fourth quarter.
The company recorded revenues of 0.866 million for the third quarter which ended December 31, which was the amount of 0.866 million a year earlier.
The revenue was 8.9 million, which was compared to 4.76 million a year earlier. The income was 3.91 million, which was compared to 2.77 million a year earlier.
Whose Share Is What?
In the shareholding pattern for December 2023, the promoter’s stake stood at 73.30 percent.
In the same period, the shareholding of the public of 26.70 percent. The company has 10 promoters, or promoter groups within this company.
About 3P Land Holdings Ltd
3P Land Holdings Ltd is an Indian-based business. It’s engaged in the field of investing, lending as well as real estate leasing.
It was established in the year 1965. The company is divided into two segments: Leasing and Investment.
The company’s revenue is derived from leasing real property. The majority of the earnings of the company come from India.
The company’s headquarters is in Pune, India. The company’s total operating income is 2.52 crores while capital invested in equity is 3.60 crores.
Fundamental Analysis of 3P Land Holdings Ltd
| Market Cap | ₹ 67.3 Cr. |
| Current Price | ₹ 37.45 |
| 52-wk High | ₹ 36.80 |
| 52-wk Low | ₹ 17.65 |
| Stock P/E | 42.47 |
| Book Value | ₹ 47.3 |
| Dividend | 0.00 % |
| ROCE | 3.07 % |
| ROE | 2.32 % |
| Face Value | ₹ 2.00 |
| P/B Value | 0.79 |
| OPM | 75.8 % |
| EPS | ₹ 0.96 |
| Debt | ₹ 0.00 Cr. |
| Debt to Equity | 0.00 |
3P Land Holdings Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹41 | ₹58 |
| 2025 | ₹65 | ₹82 |
| 2026 | ₹85 | ₹91 |
| 2027 | ₹105 | ₹112 |
| 2028 | ₹115 | ₹121 |
| 2029 | ₹165 | ₹205 |
| 2030 | ₹210 | ₹265 |
3P Land Holdings Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 73.30% |
| Mar 2023 | 73.30% |
| June 2023 | 73.30% |
| Sept 2023 | 73.30% |
| Dec 2023 | 73.30% |
| Public Holding | |
| Dec 2022 | 26.69% |
| Mar 2023 | 26.70% |
| June 2023 | 26.71% |
| Sept 2023 | 26.71% |
| Dec 2023 | 26.69% |
3P Land Holdings 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 | ₹ 1.84 Cr |
| 2020 | ₹ 1.85 Cr |
| 2021 | ₹ 1.41 Cr |
| 2022 | ₹ 2.15 Cr |
| 2023 | ₹ 3.14 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ -0.20 Cr |
| 2020 | ₹ 3.69 Cr |
| 2021 | ₹ -0.14 Cr |
| 2022 | ₹ 1.15 Cr |
| 2023 | ₹ 1.72 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.06 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | 10% |
| 5 Years: | 89% |
| 3 Years: | -7% |
| Current Year: | 15% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 1% |
| 5 Years: | 2% |
| 3 Years: | 2% |
| Last Year: | 2% |
Sales Growth Over 10 Years:
| 10 Years: | -34% |
| 5 Years: | 58% |
| 3 Years: | 11% |
| Current Year: | 26% |
Company’s Positive Signs:
- The company is debt-free.
- The stock is traded in the range of 0.79 percent of its value in the book.
Company’s Negative Signs:
- While the company claims to have steady profits, it’s not paying dividends.
- The company has a very poor return on equity (ROE) of 1.58 percent in the last 3 years.
Conclusion
This article is a complete guide about 3P Land Holdings 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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Also Read: 65 Paise Share; Board Meeting January 27; More Than Double Production Capacity
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.
