Ashapuri Gold Price Target 2025: This article is going to mainly focus on Ashapuri Gold Share Price Target 2024, 2025, 2026, 2028, 2030, 2040 to 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 Ashapuri Gold Ornament
Ashapuri Gold Oenament is India’s leading gold jewelery manufacturer and wholesalers. It makes antique jewellery. All the fashionable unique designs are created by the company itself or created by third parties on its behalf. The company has more than 25 years of experience in this field.
It provides its services in metro cities of 11 states and many urban locations. It has more than 30 corporate clients.
Ashapuri Gold Ornament Fundamental
Ashapuri Gold is a Rs 233 crore small cap gold jewelery manufacturer and wholesalers. The company has a huge reserve and surplus of Rs 64.96 crore. In the last financial year, the company’s profit increased by 315% while its revenue remained stable. The debt of the company is almost negligible which shows the strong position of the company.
| Description | Values |
|---|---|
| Company Name | Ashapuri Gold Ornament Ltd |
| Sector | Diamond and Jewellery |
| Established | 1997 |
| Website | ashapurigold.com |
| Listing At | BSE |
| BSE Code | 542579 |
| Mkt Cap | ₹233 Cr |
| Reserves and Surplus | 64.96Cr |
| ROE | 8.26% |
| ROCE | 11.41% |
| 52 Week High | ₹16.27 |
| 52 Week Low | ₹6.84 |
| P/E Ratio (TTM) | 24.07 |
| P/B Ratio | 1.68 |
| Face Value | 1 |
| Book Value Per Share | 4.16 |
| EPS (TTM) | 0.29 |
| Dividend Yield | 0.0% |
| Debt to Equity | 0.02 |
| Total Revenue | 166.85Cr |
| Revenue Growth | 0.69% |
| Net Profit (Anual) | 7.43Cr |
| Profit Growth | 315.08% |
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Returns in Past Year
| Year | Returns (%) |
|---|---|
| 2023 | 113.91% |
| 2022 | -13.74% |
| 2021 | 57.97% |
| 2020 | 24.23% |
Ashapuri Gold Share Price Target 2024
Ashapuri Gold Ornament is showing current sentiment stong Buy. According to experts, Ashapuri Gold price target for 2024 will trade between Rs 4.57 to 16.25.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹4.57 | ₹16.25 |
Ashapuri Gold Share Price Target 2025
Ashapuri Gold is India’s first integrated multi-national infrastructure company. Its target price range in 2025 is going to be Rs8.08 to Rs19.12.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹8.08 | ₹19.12 |
Ashapuri Gold Share Price Target 2026
According to market experts, the minimum target price of the Ashapuri Gold for 2026 is going to be RS15.89 and the maximum target price is RS28.56.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹15.89 | ₹28.56 |
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Ashapuri Gold Share Price Target 2028
According to market experts, the minimum target price of the Ashapuri Gold for 2028 is going to be Rs32.45 and the maximum target price is Rs 54.36.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹32.45 | ₹54.36 |
Ashapuri Gold Share Price Target 2030
According to market experts, the minimum target price of the Ashapuri Gold for 2030 is going to be Rs 46.25 and the maximum target price is Rs58.35.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹46.25 | ₹58.35 |
Ashapuri Gold Share Price Target 2040
According to the past trend of the company, the minimum price target of Ashapuri Gold in 2040 is expected to be Rs94.52 to Rs124.53.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹94.52 | ₹124.53 |
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Ashapuri Gold Share Price Target 2050
According to the past trend of the company, the minimum price target of Ashapuri Gold in 2050 is expected to be Rs175.27 to Rs195.35.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹175.27 | ₹195.35 |
Latest News
- Ashapuri Gold’s net sales in the September 2024 quarter stood at Rs 86.89 crore, up 95.51% from Rs 44.44 crore in September 2023. And quarterly net profit stood at Rs 3.45 crore, up 91.67%.
- EBITDA stood at Rs 5.00 crore in September 2024, up 83.15% from Rs 2.73 crore in September 2023.
Strengths
- The debt to equity ratio of the company is very low at 0.02 which reflects the strong financial position of the company.
- Company’s cash flow has increased
- The company has given a decent profit every year except 2022 KO.
- The company’s revenue and expenses have remained almost stable every year but profit has increased continuously except in 2022.
- The ROE and ROCE of the company have increased rapidly every year. which shows that the company is using its capital well in generating profit.
Risks
- Pipmotor has decreased its holding by more than 2% this quarter.
- Siapani’s stock is trading at 1.68 times its book value.
- The company’s revenue has been almost stable for the last 3 years.
- MACD of Ashapuri Gold is below the signal and center line indicating strong bearish momentum.
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Sentiment
The current sentiment of Ashapuri Gold is showing strong bearish. It is trading below 8 out of 8 SMAs and also trading below 7 out of 9 Oscillators in bearish zone.
Analyst Rating
Here are the ratings given to Ashapuri Gold by 15 analysts at Refinitiv.
| Action | Rating |
|---|---|
| Buy | 80% |
| Hold | 10% |
| Sell | 10% |
Ashapuri Gold Share Price History
Ashapuri Gold was listed in March 2019, its stock started falling just 2 months after listing and it fell by about 68% in the next 4 months. From then till today, its shares have seen a lot of ups and downs. However, its shares have grown by 229% in the last 5 years. Its stock has fallen 21% and 37% in the last one year and 6 months respectively.
Ashapuri Gold Quarterly Report
| Description | Jun 24 | Mar 24 | Dec 23 | Sep 23 |
|---|---|---|---|---|
| Sales + | ₹44.69Cr. | ₹51.93Cr. | ₹50.39Cr. | ₹44.55Cr. |
| Expenses + | ₹41.14Cr. | ₹47.77Cr. | ₹47.52Cr. | ₹42.17Cr. |
| EBITDA | ₹3.83Cr. | ₹4.55Cr. | ₹3.20Cr. | ₹2.73Cr. |
| EBIT | ₹3.63Cr. | ₹4.28Cr. | ₹2.97Cr. | ₹2.52Cr. |
| Net Profit | ₹2.69Cr. | ₹3.08Cr. | ₹2.08Cr. | ₹1.80Cr. |
| Operating Profit Margin | 8.66% | 8.97% | 6.40% | 6.14% |
| Net Profit Margin | 6.08% | 6.07% | 4.16% | 4.05% |
| Earning Per Share | ₹0.08 | ₹0.12 | ₹0.08 | ₹0.07 |
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 |
Ashapuri Gold Income Report
| Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
|---|---|---|---|---|---|
| Total Revenue | ₹166.85Cr | ₹158.14Cr | ₹163.96Cr | ₹117.64Cr | ₹121.32Cr |
| Total Expenses | ₹156.82Cr | ₹155.74Cr | ₹159.86Cr | ₹114.24Cr | ₹120.68Cr |
| Profit/Loss Before Tax | ₹7.43Cr | ₹1.79Cr | ₹3.07Cr | ₹2.55Cr | ₹0.47Cr |
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Ashapuri Gold Price Target 2024 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹4.57 | ₹16.25 |
| 2025 | ₹8.08 | ₹19.12 |
| 2026 | ₹15.89 | ₹28.56 |
| 2028 | ₹32.45 | ₹54.36 |
| 2030 | ₹46.25 | ₹58.35 |
| 2040 | ₹94.52 | ₹124.53 |
| 2050 | ₹175.27 | ₹195.35 |
Ashapuri Gold Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 48.06% |
| Retail and Others | 50.20% |
| Foreign Institutions | 1.74% |
| Total | 100.00% |
How to Buy Ashapuri Gold Shares?
Buying and selling of Ashapuri Gold shares can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- Groww
- Angel One
- Upstox
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Ashapuri Gold Share Price Target: Export Opinion
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Conclusion
Ashapuri Gold Ornament is a very small cap company and the value of its shares is very low, hence small investors can get a chance to earn more profit from it. The company’s profit has increased continuously for the last several years but there has been no increase in its revenue, which can cause a big risk from the investor’s point of view. Before investing in Ashapuri Gold, you should keep an eye on its market condition.
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 price target of Ashapuri Gold in 2025?
Ans: 2025 Ashapuri Gold price target will trade between Rs8.08 to Rs19.12.
Q2. What is the price target of Ashapuri Gold in 2030?
Ans: 2030 Ashapuri Gold price target will trade between Rs46.25 to Rs58.35.
Q3. What is the price target of Ashapuri Gold in 2024?
Ans: 2024 Ashapuri Gold price target will trade between Rs4.57 to Rs16.25.
Q4. What is the price target of Ashapuri Gold in 2040?
Ans: 2040 Ashapuri Gold price target will trade between Rs94.52 to Rs124.53.
Q5. What is the price target of Ashapuri Gold in 2050?
Ans: 2050 Ashapuri Gold price target will trade between Rs175.27 to Rs195.35.