Share of RBZ Jewellers Limited is currently trading at around Rs.163/-. Existing as well as prospective investors are asking for RBZ Jewellers Share Price Targets from 2024 to 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 RBZ Jewellers Share Price Targets from 2024 to 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of RBZ Jewellers Limited:
RBZ Jewellers Limited has demonstrated steady growth in its financial performance over recent years. As of mid-2024, the company reported notable sales growth, increasing from ₹288 crore in 2023 to ₹359 crore in the trailing twelve months (TTM). Despite rising expenses, which reached ₹313 crore, RBZ managed to maintain a healthy operating profit margin of around 13%, reflecting operational efficiency. The company’s net profit has also improved to ₹27 crore in 2024 from ₹22 crore the previous year.
On the financial front, RBZ Jewellers has seen an increase in borrowings, although it remains within manageable limits. Its return on capital employed (ROCE) stood at 16%, which, while slightly lower than previous years, reflects sound financial health.
The company’s liquidity is further supported by strong credit ratings from CRISIL, with long-term facilities rated BBB/Positive and short-term instruments rated A3+. These ratings indicate a stable outlook for the company’s future, highlighting manageable financial risks.
Looking ahead, RBZ Jewellers is well-positioned for growth in India’s expanding jewelry market. The company is expected to benefit from the increasing demand for gold and luxury jewelry, driven by rising incomes and cultural trends. However, it will need to address challenges such as fluctuating gold prices and the need for working capital management, given the extended cash conversion cycle of 323 days in 2024.
Nonetheless, the company’s positive credit outlook and consistent revenue growth suggest that it is poised for sustainable expansion in the near future.
Share Price Targets:
RBZ Jewellers Share Price Target 2024
Based on the above discussion and analysis, the share price of RBZ Jewellers is likely to touch the level of around 175-180 in 2024
RBZ Jewellers Share Price Target 2025
Based on the above discussion and analysis, the share price of RBZ Jewellers is likely to touch the level of around 200-225 in 2025
RBZ Jewellers Price Target 2030
Based on the above discussion and analysis, the share price of RBZ Jewellers is likely to touch the level of around 350-400 in 2030
RBZ Jewellers Price Target 2035
Based on the above discussion and analysis, the share price of RBZ Jewellers is likely to touch the level of around 650-700 in 2035
RBZ Jewellers Price Target 2040
Based on the above discussion and analysis, the share price of RBZ Jewellers is likely to touch the level of around 1100-1200 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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