Elcid Share Price Target 2025: This article is going to mainly focus on Elcid Share Price Target 2025, 2026, 2028, 2030, 2040 and 2050. Along with this, we will also discuss the company’s Fundamental, sentiment, Income Report, Share Price history, and Quarterly Report. Our analysis will help investors in taking the right decision.
About Elcid
Elcid Investments Limited is a non-banking financial company (NBFC) based in India that is primarily engaged in investment activities. It was founded in 1981, registered with the Reserve Bank of India. It focuses on holding a diversified portfolio of securities including equity shares, debentures and other market instruments. The company is listed on the Bombay Stock Exchange (BSE) and is considered a small-cap company. It has two subsidiaries Murahar Investment and Trading Company Limited and Suptaswar Investment and Trading Company Limited, registered with the Reserve Bank of India. Both are banking finance companies.
Elcid Fundamental
Elcid Investments Limited is a non-banking financial company (NBFC) based in India, with a market capitalization of ₹3742 Crore, which indicates that it is a small-cap company. The company is listed on BSE with the code 544290. Reserves and surplus of ₹8126.18 crore suggest good financial support, which reflects the company’s strong position to fight adverse conditions.
Total revenue stood at ₹235.77 Crore in FY24, showing a jump of 116.56% over ₹108.87 Crore in FY23. Net profit accelerated to ₹175.74 Crore in FY24, showing a jump of 138.39% over ₹73.41 Crore in FY23. The company is successful in maintaining consistent profitability which reflects strong operational efficiency. Margins have improved over time, with 73% average net profit margin in 4 years.
Elcid’s ROE (1.76%) reflects inappropriate use of equity and ROCE (2.02%) reflects low operating efficiency despite strong profitability. The company having no debt is a positive aspect.
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The P/E ratio of 15.49 is slightly lower compared to the industry average of 18.10, which indicates that the stock is undervalued. The P/B ratio of 0.27 is significantly undervalued compared to its book value. The company’s dividend yield is 0.01%, which indicates almost no dividend payout to investors. The company’s EPS (12078.02 in FI24) has increased over time, indicating consistent profitability.
Description | Value |
---|---|
Company Name | Elcid Investment ltd |
Sector | Finance |
Established | 1981 |
Website | elcidinvestments.com |
Listing At | BSE |
BSE Code | 503681 |
Mkt Cap | ₹3742Cr |
Reserves and Surplus | ₹8126.18Cr |
ROE | 1.76% |
ROCE | 2.02% |
52 Week High | ₹332399.95 |
52 Week Low | ₹3.53 |
P/E Ratio (TTM) | 15.49 |
Industry P/E | 18.10 |
P/B Ratio | 0.27 |
Face Value | 10 |
Book Value Per Share | ₹685220.16 |
EPS (TTM) | ₹12078.02 |
Dividend Yield | 0.01% |
Debt to Equity | 0.00 |
Total Revenue | ₹235.77Cr |
Revenue Growth | 116.56% |
Net Profit (Anual) | ₹175.74Cr |
Profit Growth | 138.39% |
Returns in Past Year
Year | Returns (%) |
---|---|
2023 | 10.13% |
2022 | -82% |
2021 | 21.08% |
2020 | 87.45% |
2019 | 27.16% |
2018 | 47.25% |
2017 | 39.86% |
2016 | 4.76% |
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Elcid Price Target 2025
The current sentiment of Elcid is showing neutral. the Elcid share price target 2025 is going to be between Rs 0.8L to Rs 2.5L.
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2025 | ₹0.8L | ₹2.5L |
Elcid Share Price Target 2026
According to market experts, the price target of Elcid for 2026 is going to be between Rs1.4L to Rs 3.2L.
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2026 | ₹1.4L | ₹3.2L |
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Elcid Share Price Target 2028
According to market experts, the price target of Elcid for 2028 is going to be between Rs 2.9L to Rs 4.8L.
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2028 | ₹2.9L | ₹4.8L |
Elcid Share Price Target 2030
According to market experts, Elcid Share Price Target 2030 is going to be between Rs4.2L to Rs 6.3L.
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2030 | ₹4.2L | ₹6.3L |
Elcid Share Price Target 2040
According to the past trend of the company, Elcid Share Price Target 2040 is going to be between Rs 8.6L to Rs 12.4L.
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2040 | ₹8.6L | ₹12.4L |
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Elcid Share Price Target 2050
According to the past trend of the company, Elcid Share Price Target 2050 is going to be between Rs 16.2L to Rs 20.2L.
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2050 | ₹16.2L | ₹20.2L |
Elcid Latest News
Strengths
- The company’s debt-to-equity ratio is 0.00, indicating no financial leverage.
- The net profit margin (annualized) is consistently above 67%, indicating excellent cost control and profitability.
- The profit margin for the last 2 quarters is also above 76%.
- Its quarterly operating profit margin is consistently above 97%.
- The company’s EPS (TTM) of ₹12,078.02 indicates strong profitability.
- The company has reserves of ₹8126.18 crore, which is more than double its market cap.
- Its reserves indicate significant financial stability and reinvestment capability.
- The company’s revenue has grown by 116.56% and profit by 138.39% in the last one financial year, indicating strong operating performance and expansion.
- The P/B ratio of 0.27 and the P/E ratio of 15.49 indicate the stock is undervalued.
Risks
- Elcid’s ROE (1.76%) and ROCE (2.02%) are quite low, which may indicate inefficient use of resources or challenges in generating returns.
- The company’s quarterly revenue has seen considerable volatility.
- Despite strong profitability, the dividend yield is only 0.01%, which may discourage income-focused investors.
- Net cash change has been negative in recent years (₹-9.89 crores in 2024), primarily due to outflows from investing activities.
- Its book value (₹6,85,220.16) is very high compared to its market capitalization.
- Being in the finance sector, the company may be exposed to economic fluctuations, interest rate changes and regulatory risks.
Sentiment
The current sentiment of Elcid is showing neutral. It is trading above 2 out of 5 Moving Averages and also trading above 3 out of 9 Oscillators in bullish zone, 4 in bearish zone, and 2 in neutral.
Technical Indicator
According to Investing.com, 0 out of 10 technical indicators are giving buy signal, 0 are giving sell and 0 are giving neutral signal.
Action | Indicator |
---|---|
Buy | 1 |
Neutral | 0 |
Sell | 7 |
Elcid Share Price History
Elcid Investment was listed on the Bombay Stock Exchange on 24 October 2017 at around Rs 3. Since listing, the company has given positive returns every year except 2022. This return has been between 10 to 80%. But from June 2024, it became a rocket and in the next 5 months its stock flew from Rs 3.53 to Rs 332399.94, which was a jump of almost 94 lakh%. However, in the last 6 months, its stock has fallen by 18.26%.
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Elcid Quarterly Income Report
Description | Sep 24 | Jun 24 | Mar 24 | Dec 23 |
---|---|---|---|---|
Revenue + | ₹35.99Cr. | ₹114.11Cr. | ₹14.11Cr. | ₹3878 |
Expenses + | ₹0.63Cr | ₹0.95Cr. | ₹0.48Cr. | ₹0.61 |
EBITDA | ₹0.20Cr | ₹0.20Cr. | ₹0.15Cr. | ₹0.15 |
EBIT | ₹35.36Cr | ₹113.16Cr. | ₹13.62Cr. | ₹38.18 |
Net Profit | ₹20.07Cr | ₹87.15Cr. | ₹9.56Cr. | ₹29.78 |
Operating Profit Margin | 99.66% | 99.60% | 97.59% | 99.12% |
Net Profit Margin | 78.67% | 76.58% | 67.75% | 77.03% |
Earning Per Share | ₹1404 | ₹4358 | ₹478.11 | ₹1489 |
Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 |
Elcid Annual Income Report
Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
---|---|---|---|---|
Total Revenue | ₹235.77Cr | ₹108.87Cr | ₹134.78Cr | ₹107.74Cr |
Total Expenses | ₹4.19Cr | ₹6.88Cr | ₹3.71Cr | ₹1.21Cr |
Profit/Loss | ₹175.74Cr | ₹73.41Cr | ₹100.04Cr | ₹81.05Cr |
Net Profit Margin | 74.54% | 67.43% | 74.22% | 75.23% |
Earning Per Share | ₹8787 | ₹3671 | ₹5002 | ₹4052 |
EBITDA | ₹232.47 | ₹102.76 | ₹131.67 | ₹106.80 |
EBIT | ₹231.59 | ₹101.99 | ₹131.07 | ₹106.53 |
Operating Profit Margin | 98.60% | 94.39% | 97.69% | 99.13% |
Dividends Per share | 25 | 25 | 15 | 15 |
Elcid Cash Flow
Particulars | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Opening Cash Balance | ₹11.10Cr. | ₹1.33Cr. | ₹8.82Cr. | ₹6.66Cr. |
Cash Flow From Operating Activities | ₹77.70Cr | ₹37.09Cr. | ₹61.10Cr. | ₹14.10Cr. |
Cash Flow From Investing Activities | ₹-87.09Cr | ₹-27.02Cr. | ₹-68.29Cr. | ₹-11.65Cr. |
Cash Flow From Financing Activities | ₹-0.50Cr | ₹-0.30Cr. | ₹-0.30Cr. | ₹-0.30Cr. |
Closing Cash Balance | ₹1.21Cr | ₹11.10Cr. | ₹1.33Cr. | ₹8.82Cr. |
Net Change In Cash | ₹-9.89 | ₹9.77 | ₹-7.48 | ₹2.15 |
Elcid Share Price Target 2025, 2026, 2028, 2030, 2040 to 2050
Year | Price Target (Min) | Price Target (Max) |
---|---|---|
2025 | ₹0.8L | ₹2.5 |
2026 | ₹1.4L | ₹3.2L |
2028 | ₹2.9L | ₹4.8L |
2030 | ₹4.2L | ₹6.3L |
2040 | ₹8.6L | ₹12.4L |
2050 | ₹16.2L | ₹20.2L |
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Elcid Shareholding Pattern
Shareholder | Share % |
---|---|
Promoter | 75% |
Retail and Others | 25% |
Total | 100.00% |
How to Buy Elcid Shares?
Buying and selling of Elcid can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- groww
- Angel One
- upstox
Elcid Similar Stocks
Company Name | Mkt Cap | Profit (1Year) | 52W L | 52W H |
---|---|---|---|---|
Bharti Airtel | ₹9.86 LCr. | 60.54% | ₹960 | ₹1789 |
Bharti Hexacom | ₹69.33 KCr. | 69.56% | ₹755 | ₹1568 |
Railtel Corporation of India | ₹12.80 KCr. | 45.39% | ₹273.75 | ₹617.80 |
Vodafone Idea | ₹48.61KCr | -36.98% | ₹6.61 | ₹19.18 |
Nazara Technologies | ₹7.11 KCr | 25.67% | ₹591.50 | ₹1117 |
Hathway Cable and Datacom | ₹3.23 KCr. | 12.20% | ₹14.82 | ₹27.95 |
Nelco | ₹2.32 KCr | 38.38% | ₹642.55 | ₹1335 |
Elcid Share Price Target: Export Opinion
Profitable Stocks
Stocks | Mkt cap | Profit (1Year) | 52W L | 52W H |
---|---|---|---|---|
Adani ports | ₹3.11 LCr | 94.78% | ₹703.00 | ₹1,457.05 |
Adani Enterprises | ₹3.89 LCr | 40.35% | ₹2142.00 | ₹3457.85 |
Suzlon Energy | ₹90.75 KCr | 85.69% | ₹33.90 | ₹86.04 |
Tata Power Company | ₹1.44 LCr | 101.76% | ₹215.70 | ₹464.20 |
Adani Power | ₹2.92 LCr | 192.93% | ₹231.00 | ₹797.00 |
Havells India | ₹1.20 LCr | 41.69% | ₹1232.85 | ₹1950.05 |
Tata Motors | ₹3.57 LCr | 72.86% | ₹557.70 | ₹1065.60 |
Tata Power | ₹1.44 LCr | 75.52% | ₹230.80 | ₹494.85 |
Conclusion
Elcid Investments is a financially stable, debt-free company with very high profit margins and impressive growth metrics. However, its low return ratios, volatility in quarterly performance and low valuation relative to book value raise questions about operational efficiency and market sentiment. This stock may attract long-term investors but if the situation turns adverse, it may lead to huge losses, which may take a long time to recover. Therefore, investors should take any decision after careful consideration.
Disclaimer– Please note that all the information given here is for general information purpose only and not for investment purposes. Therefore, before investing in any share, take advice from a certified market expert. If you invest, you will be responsible for your profits and losses.
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Q1. What is the Elcid share price target 2025?
Ans: 2025 price target of Elcid will be between Rs.0.8L to Rs.2.5L.
Q2. What is the Elcid share price target 2030?
Ans: Elcid will trade between Rs 4.2L and Rs 6.3L in 2030.
Q3. What is the Elcid share price target 2040?
Ans: 2040 price target of Elcid will be between Rs.8.6L to Rs.12.4L.
Q4. What is the Elcid share price target 2050?
Ans: 2050 price target of Elcid will be between Rs.16.2L to Rs.20.2L.