Century Textiles Share Price Target Century Textiles’ share price target: In this blog post, we will delve deeply into Century Textiles’ future prospects by examining numerous aspects that could impact its share price in the coming years. We’ll make forecasts about the stock’s performance in 2024, 2025, and even 2030. Whether you’re a long-term investor or a swing trader, this post will provide you with essential insights to help you make sound judgments regarding Century Textiles and Industries Ltd.
What is Century Textiles and Industries Ltd
Century Textiles and Industries Limited, situated in India, principally manufactures textiles, cement, pulp and paper, and real estate. Textiles, pulp and paper, real estate, and others make up its business segments. The Textiles division manufactures yarn, fabric, viscose filament yarn, and tire yarn. The Pulp and Paper segment manufactures pulp, writing and printing paper, tissue paper, and multilayer packaging boards.
Century Textiles’ Real Estate segment includes residential projects, property leasing, and property investments. Others includes its salt works and chemical industries. Birla Estates Private Limited, Birla Century Exports Private Limited, Birla Century International LLC, Avarna Projects LLP, Birla Tisya LLP, and Birla Arnaa LLP are among the subsidiaries of the corporation.
Company Profile
| Company type | Public company |
| Traded as | BSE: 500040
NSE: CENTURYTEX |
| Industry | Textiles & Paper |
| Founded | 1897 |
| Headquarters | Mumbai, Maharashtra, India |
| Chairman | Kumar Mangalam Birla |
| Managing Director | RK Dalmia |
| Products | fabrics,
designer wear,
denim,
cosmetics & toiletries,
engineering files & tools,
prophylactics and air charter services |
| Revenue | ₹4,827 crore (US$600 million) |
| Net income | ₹272 crore (US$34 million) |
| Total assets | ₹8,452 crore (US$1.1 billion) |
| Total equity | ₹3,887 crore (US$490 million) |
| Parent | Aditya Birla Group |
| Subsidiaries | Birla Century
Century Pulp and Paper
Birla Estates |
| Category | Stock Market |
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Century Textiles and Industries Ltd. Fundamentals
| MARKET CAP | ₹ 18,205.28 Cr. |
| ENTERPRISE VALUE | ₹ 19,024.47 Cr. |
| NO. OF SHARES | 11.17 Cr. |
| P/E | 55.02 |
| P/B | 4.28 |
| FACE VALUE | ₹ 10 |
| DIV. YIELD | 0.31 % |
| BOOK VALUE (TTM) | ₹ 380.45 |
| CASH | ₹ 84.68 Cr. |
| DEBT | ₹ 903.87 Cr. |
| PROMOTER HOLDING | 50.21 % |
| EPS (TTM) | ₹ 29.62 |
| SALES GROWTH | 16.12% |
| ROE | 9.09 % |
| ROCE | 12.13% |
| PROFIT GROWTH | 84.35 % |
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Century Textiles Share Price Target 2024
| Year | Century Textiles Stock Price Target 2024 |
|---|
| 2024 | ₹1980-₹2245 |
Many Indian stocks, including CENTURYTEX, enjoyed a remarkable Bull run throughout 2023. It’s anticipated that the bullish sentiment will persist in the market during the first quarter of 2024, albeit with some initial consolidation. According to technical analysis, CENTURYTEX is expected to maintain a minimum share price target of ₹1980 and a maximum price target of ₹2245 for the year 2024.
Century Textiles Share Price Target 2025
| Year | Century Textiles Stock Price Target 2025 |
|---|
| 2025 | ₹2200-₹3500 |
CENTURYTEX’s share price is projected to achieve a value of Rs. 2200 by January 2025. Should macro and microeconomic factors, in addition to industry trends, align favorably, there’s a possibility for Century Textiles and Industries Ltd to reach the target price of Rs. 3500 by December 2025.
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Century Textiles Share Price Target 2030
| Year | Century Textiles Stock Price Target 2030 |
|---|
| 2030 | ₹6500–₹8500 |
Century Textiles and Industries Ltd has an estimated beginning price goal of ₹6500 by 2030. With favorable market conditions, the mid-year price objective might reach ₹6973.3. Century Textiles and Industries Ltd is expected to reach a price goal of ₹8500 by the end of 2030, driven by positive market dynamics.
Century Textiles and Industries Ltd. Share Quick Analysis
- Price to Earnings (P/E) Ratio: This ratio reveals how much investors are willing to pay per rupee of earnings. Century Textile & Industries Limited currently has a P/E ratio of 55.24, indicating a relatively high valuation.
- Share Price: As of now, the share price of Century Textile & Industries Limited stands at Rs 1,636.40. Utilizing valuation calculators can help investors determine whether the company’s shares are undervalued or overvalued.
- Return on Assets (ROA): ROA measures the efficiency of a company in generating profits from its assets. Century Textile & Industries Limited shows an ROA of 5.04%, which suggests room for improvement.
- Current Ratio: This ratio assesses a company’s ability to meet short-term liabilities with short-term assets. Century Textile & Industries Limited has a current ratio of 1.05, indicating stability but with limited buffer for unexpected challenges.
- Return on Equity (ROE): ROE indicates how effectively a company utilizes shareholders’ investments to generate profits. Century Textile & Industries Limited’s ROE stands at 9.09%, reflecting moderate performance.
- Debt to Equity Ratio: This metric helps evaluate a company’s capital structure and performance. Century Textile & Industries Limited exhibits a low Debt to Equity ratio of 0.22, indicating a conservative approach to debt.
- Inventory Turnover Ratio: This ratio gauges a company’s efficiency in managing inventory. Century Textile & Industries Limited’s Inventory Turnover Ratio is 3.12, suggesting room for improvement in inventory and working capital management.
- Sales Growth: Century Textile & Industries Limited reports a revenue growth of 16.12%, indicating satisfactory performance in this aspect.
- Operating Margin: This metric reveals the efficiency of a company’s operations. Century Textile & Industries Limited’s operating margin for the current financial year is 13.47%, indicating healthy operational efficiency.
- Dividend Yield: The current year dividend for Century Textile & Industries Limited is Rs 5, with a yield of 0.30%, providing investors with insight into the return on investment through dividends.
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Strengths
- The company boasts a favorable PEG ratio of 0.65.
- Demonstrating efficiency, the company maintains a Cash Conversion Cycle of just 8.40 days.
- With a commendable CFO/PAT ratio of 1.44, the company exhibits effective cash flow management.
- A noteworthy aspect is the company’s high promoter holding, which stands at 50.21%.
- The company displays a robust degree of Operating leverage, with an Average Operating leverage of 3.32.
Weakness
- Over the past 3 years, the company has experienced lackluster profit growth, recording a -7.68% decline.
- Similarly, the company has witnessed modest revenue growth of only 11.88% over the past 3 years.
- Reflecting on the company’s performance, its ROE over the past 3 years has been disappointing, standing at 5.25%.
Disclaimer
The stock targets and forecasts provided are solely for educational purposes and may not be dependable for making investment choices. Utilize this data at your own discretion. This does not constitute a solicitation to purchase or sell stocks. browvopetshop.com and its writers are not responsible for any financial losses. This is not investment guidance; consult with a professional before making investment decisions. Be cautious and well-informed when investing.
