In this article, we will explore the future share price targets of Elcid for the years 2025, 2026, 2028, 2030, 2040, and 2050. Additionally, we will discuss Elcid’s fundamentals, market sentiment, financial performance, and quarterly reports to assist investors in making informed decisions.
About Elcid
Elcid Investments Limited is a non-banking financial company (NBFC) in India. It mainly focuses on investment activities. Established in 1981, the company is registered with the Reserve Bank of India (RBI). Elcid holds a diversified portfolio that includes equity shares, debentures, and other market instruments. It is listed on the Bombay Stock Exchange (BSE) and falls under the small-cap category.
Elcid has two subsidiaries: Murahar Investment and Trading Company Limited and Suptaswar Investment and Trading Company Limited. Both are registered NBFCs with the RBI.
Elcid Fundamentals
| 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% |
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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% |
Elcid Share Price Target 2025
Current market sentiment around Elcid is highly neutral. The expected share price target for 2025 is estimated to be between ₹0.8L to ₹2.5L.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹0.8L | ₹2.5L |
Elcid Share Price Target 2026
According to market analysts, Elcid’s share price in 2026 is projected to range between ₹1.4L to ₹3.2L.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹1.4L | ₹3.2L |
Elcid Share Price Target 2028
By 2028, the share price target for Elcid is anticipated to be between ₹2.9L to ₹4.8L, considering the company’s steady growth and expansion in defense contracts.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹2.9L | ₹4.8L |
Elcid Share Price Target 2030
Based on the company’s historical performance and ongoing projects, Elcid’s share price in 2030 is expected to be between ₹4.2L to ₹6.3L.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹4.2L | ₹6.3L |
Elcid Share Price Target 2040
Following the long-term trend, Elcid’s share price in 2040 is likely to fall between ₹8.6L to ₹12.4L.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹8.6L | ₹12.4L |
Elcid Share Price Target 2050
Considering the consistent growth trajectory and the company’s prominent role in defense manufacturing, Elcid’s share price target for 2050 is expected to range from ₹16.2L to ₹20.2L.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹16.2L | ₹20.2L |
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Strengths
- The company has a debt-to-equity ratio of 0.00, meaning it has no financial debt.
- Its annual net profit margin exceeds 67%, showcasing excellent profitability and cost management.
- The last two quarters’ profit margins were over 76%.Operating profit margins remain above 97% on a quarterly basis.
- Its earnings per share (EPS) for the trailing twelve months (TTM) is ₹12,078.02, reflecting strong earnings.
- Elcid has reserves of ₹8,126.18 crore, which is over double its market capitalization.
- These reserves indicate solid financial stability and the potential for reinvestment.
- Revenue grew by 116.56% and profit increased by 138.39% in the last financial year, reflecting strong operational performance.
- The stock appears undervalued with a P/B ratio of 0.27 and a P/E ratio of 15.49.
Risks
- The return on equity (ROE) is 1.76% and return on capital employed (ROCE) is 2.02%, which are quite low. This suggests inefficient resource utilization.
- Quarterly revenue shows significant fluctuations.
- Despite high profitability, the dividend yield is only 0.01%, which may not appeal to income-seeking investors.
- The company has experienced negative net cash change in recent years, such as ₹-9.89 crore in 2024, due to investment outflows.
- Its book value of ₹6,85,220.16 is significantly higher than its market capitalization.
- As a finance company, it faces risks from economic changes, interest rate variations, and regulatory uncertainties.
Elcid Share Price History
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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 Limited is a debt-free company with robust profit margins and remarkable growth. Its financial reserves provide stability and reinvestment potential. However, the low return ratios, revenue volatility, and undervaluation compared to book value highlight operational inefficiencies and subdued market sentiment.
This stock could attract long-term investors, but it comes with risks. A downturn in the company’s performance could lead to substantial losses that may take time to recover. Investors should carefully assess these factors before making any decisions.
Disclaimer: The information provided here is for general informational purposes only and should not be considered as financial advice. Before making any investment, it is advisable to consult with a certified financial advisor. The author is not responsible for any investment decisions made based on this article.
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FAQs
Q1. What is the Elcid share price target for 2025?
Ans: The expected share price target for Elcid in 2025 is between ₹0.8L to ₹2.5L.
Q2. What is the Elcid share price target for 2030?
Ans: Elcid’s share price target for 2030 is projected to be between ₹4.2L to ₹6.3L.
Q3. What is the Elcid share price target for 2040?
Ans: The share price target for Elcid in 2040 is expected to be between ₹8.6L to ₹12.4L.
Q4. What is the Elcid share price target for 2050?
Ans: Elcid’s share price target for 2050 is likely to range between ₹16.2L to ₹20.2L.