If we look at the business model of FCS Software Limited Company, then it is an IT sector company, which was established in the year 1993. Apart from this, the company also works to lease land to IT sector companies. The company gets 23% of its total revenue from this segment.
If we take a look at the financial condition of the company, then the company’s sales have not seen any significant growth for a long time. At this time, the company sees a debt of Rs 20 crore, while the company also has a cash reserve of Rs 176 crore, in this sense you can also call the company a debt-free company.
FCS Software Share Price Target 2023
In six main cities, FCS Software Ltd. has nine offices. Apart from this, the company also has offices in Germany, China, Dubai. The company’s business is spread well in India as well as abroad. The company gets 76% of its total revenue from overseas.
If we talk about FCS Software Share Price Target 2023, then the company’s stock is currently seeing a significant decline from its 52 weeks high price of Rs 6.75. The market cap of the company is very low, so the company’s stock can see good volatility in the coming time. Based on the technical analysis of the company’s stock, the price target of the company’s stock can be seen from Rs 3.75 to Rs 4.50 in 2023.
FCS Software Share Price Target 2025
FCS Software Ltd Company appears to be an almost debt-free company at this time. Along with this, the company has a good client network. At present, there are 250+ customers associated with the company globally. These include well-known brands like McKinsey, IBM, Credit Suisse, and Domino’s.
The Company looks to be little underwhelming if we look at their share price objective for 2025. The company has a relatively small market valuation, and the promoters own just 20% of the business. In addition, the company’s revenues have been growing slowly over the past few years.
If the IT sector sees a boom in the coming time, then the company’s sales can also see a good increase. The FCS Software share price target can be seen from Rs 7 to Rs 8.50 in 2025.
But keep in mind that the market cap of the company is very low, so due to the operator game, there will be a lot of volatility in the company’s stock and there may be a huge fluctuation in the company’s stock.
FCS Software Share Price Target 2030
Let us now take a look at the future price target of the company’s stock. The best thing about the company’s stock is that the company’s stock is currently trading around its book value price of 2.10.
The company’s management is also looking good and the company’s chairman and managing director Dalip Kumar has 35 years of experience in the IT sector.
The company management has entered into technology partnerships with companies like Microsoft, HP, Oracle, IBM to further improve their technology to grow their business and provide good service to their customers.
If we talk about FCS Software Share Price Target 2030, then in the coming time, due to the increasing influence of technology, small companies in this IT sector can see good growth. Since the market cap of the company is very low at this time, given the growing craze of the IT sector in the future, it would not be wrong to assume that the company can become a multibagger penny stock for its investors in the future.
Is the company’s stock a good investment for buying and selling?
At present, the company’s stock is seeing a good decline from its high price of Rs 6.75 and the company’s stock is trading around its book value price of 2.10.
But the P/E ratio of the company’s stock is running above 400, so there may be a further decline in the company’s stock right now.
If we talk about the future price of the company’s stock, then at this time there is no significant growth in the company’s sales, but given the future of the IT sector, the company and the company’s stock can perform well in the future.