Sarveshwar Foods Ltd (NSE – BE: SARVESHWAR) share price today; On Friday, there was a boom in the functioning of the stock market, BSE Sensex was functioning at the level of 73,142.80 points.
At this time Nifty was working at the level of 22,212.70 points. During the period of boom in the stock market, the shares of Sarveshwar Foods was registering a rise of more than four percent and share was functioning at the level of Rs 13.45.
The 52-week high level of shares of Sarveshwar Foods, an agri products trading company is Rs 15.69 with a market cap of around Rs 1310 crore, while the 52-week low level is Rs 4.
Shares of Sarveshwar Foods have given a return of 21 percent to the investors in the last 5 days while in the last month, it has given a return of 93 percent and its shares have reached the level of Rs 13.45 from the level of Rs 7.
Sarveshwar Foods has informed the stock market that its Board of Directors met on Thursday, February 22, in which the fundraising plan has been approved to raise long-term financial resources.
Sarveshwar Foods has said that the company is working on a plan to raise funds from non-promoter public category investors by issuing 10.20 crore convertible warrants at the rate of Rs 9.70 per warrant. The company wants to raise Rs 98.94 crore through convertible warrants.
Sarveshwar Foods is considering raising this amount through warrants with a face value of ₹ 1. Along with this, Sarveshwar Foods has approved raising equity shares worth Rs 100 crore through Qualified Institutional Placement, ADR, GDR, FCCB, or other methods.
The company is trying to raise this amount in the form of an installment of Rs 50 crore in the form of a rights issue. The authorized share capital of Sarveshwar Foods has increased from Rs 100 crore to Rs 120 crore.
About Sarveshwar Foods Ltd Company
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 | ₹ 1,331 Cr. |
| Current Price | ₹ 13.50 |
| 52-wk High | ₹ 15.69 |
| 52-wk Low | ₹ 2.08 |
| Stock P/E | 92.1 |
| Book Value | ₹ 2.49 |
| Dividend | 0.00 % |
| ROCE | 8.12 % |
| ROE | 4.69 % |
| Face Value | ₹ 1.00 |
| P/B Value | 5.48 |
| OPM | 7.01 % |
| EPS | ₹ 0.16 |
| Debt | ₹ 290 Cr. |
| Debt to Equity | 1.19 |
Sarveshwar Foods Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 8 | ₹ 14 |
| 2025 | ₹ 15 | ₹ 17 |
| 2026 | ₹ 18 | ₹ 20 |
| 2027 | ₹ 21 | ₹ 23 |
| 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 Ltd Share: Last 5 Years’ Financial Condition
To better understand 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. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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