Share of Shilpa Medicare Ltd is currently trading at around Rs.697/- Existing as well as Prospective Investors are asking for Shilpa Medicare Share Price Target 2024,2025,2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Shilpa Medicare Share Price Target 2025,2030,2035 & 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Shilpa Medicare Ltd:
Current Business Performance:
Shilpa Medicare Ltd has demonstrated a significant turnaround in its financial performance for the fiscal year ending March 2024. The company reported a consolidated net profit of ₹31.87 crore, a notable improvement from the net loss of ₹32.53 crore in the previous fiscal year. This positive shift was supported by a 9.66% increase in sales, which reached ₹1,151.60 crore compared to ₹1,050.11 crore in the prior year. The company’s operating profit margin also improved, reflecting better operational efficiency
For Q4 FY2024, Shilpa Medicare achieved a net profit of ₹24.50 crore, reversing the net loss of ₹8.04 crore from Q4 FY2023. The revenue for this quarter grew by 10.67% to ₹291.69 crore, compared to ₹263.56 crore in the same period last year. This growth in profitability and revenue highlights the company’s successful recovery and solid operational execution
Future Business Prospects:
Looking ahead, Shilpa Medicare’s prospects appear promising. The company is expanding its portfolio with new product launches and regulatory approvals. Notably, Shilpa Medicare received approval from the European Union for Varenicline tablets, a significant step for its global market reach. Additionally, the company’s API facility in Karnataka passed inspection by the Brazilian drug regulator, enabling further market penetration in South America. Furthermore, Shilpa Medicare has also received approval from Morocco’s Ministry of Health for Adalimumab Solution
The company’s strategic initiatives and product expansion, coupled with a focus on cost management and operational efficiency, position it well for future growth. The successful turnaround in financial performance and the expansion of its product offerings in international markets indicate a strong foundation for continued progress
Share Price Targets:
Shilpa Medicare Share Price Target 2024
Based on the above discussion and analysis, the share price of Shilpa Medicare is likely to touch the level of around Rs.770-800 in 2024
Shilpa Medicare Share Price Target 2025
Based on the above discussion and analysis, the share price of Shilpa Medicare is likely to touch the level of around Rs.880-900 in 2025
Shilpa Medicare Price Target 2030
Based on the above discussion and analysis, the share price of Shilpa Medicare is likely to touch the level of around Rs.1350-1400 in 2030
Shilpa Medicare Price Target 2035
Based on the above discussion and analysis, the share price of Shilpa Medicare is likely to touch the level of around Rs.2100-2200 in 2035
Shilpa Medicare Price Target 2040
Based on the above discussion and analysis, the share price of Shilpa Medicare is likely to touch the level of around Rs.3500-3600 in 2040
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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