Friends, today we try to predict in this article what the Lotus chocolate share price target in the future. But before that, let us try to understand what is the business model of the company and the financial condition of the company?
About Lotus Chocolate Ltd Company
Lotus Chocolate Ltd company was started in 1988 by the famous actress of Telugu film industry Smt. T. Sharda. The company manufactures, buys, sells, and imports and exports all types of chocolate products, chocolate confectionery, cocoa derivatives, and beverages.
The company has a manufacturing plant in Daulatabad, 60km from Hyderabad, to manufacture its products. The company has bought its missionaries from Germany, Britain, Denmark and Italy to manufacture its products, so that its products can be made better than its competing companies.
If we take a look at the financial condition of the company, the company’s sales have seen a slow growth of 10% for the last five years, but this year the company’s sales have seen a good growth of 25%.
If we talk about the debt of the company, then the company currently sees a debt of Rs 8 crore, while the company’s cash reserve is running at minus Rs 12 crore. Promoter ownership of the corporation is 72%, while public ownership is 28%.
Lotus Chocolate Share Price Target 2023
If we talk about Lotus Chocolate Share Price Target 2023, then it is heard that Reliance Industries is going to buy 51% stake in the company. Due to which the company’s stock can see a good boom in the short term. The share price prediction for the company’s stock in the near future ranges from Rs 232 to Rs 252 in 2023.
Lotus Chocolate Share Price Target 2025
Lotus Chocolate Ltd. company makes a variety of products under the consumer products and gifting segment. The company’s products portfolio includes products such as Cocoa butter, Cocoa mass, Chocolate Power.
The company has a fleet of six air-conditioned stores and vehicles to store its products. If we talk about Lotus Chocolate Share Price Target 2025, so far in the last five years, there has been a growth of 50% CAGR. If the company’s stock price increases at a comparable rate in the future, the price goal for the stock might range between Rs 360 to Rs 400.
Lotus Chocolate Share Price Target 2030
If we talk about the long-term price target 2030 of the company’s stock, then the financial condition of the company financial is slightly worse. But the company’s client list includes big companies like Amul, Mother Dairy and Parle Products Pvt Ltd.
Earlier, Puzzolana Group had a large stake in the company, but now Reliance Industries will have a 51% stake in the company, which will be good news for the company’s shareholders. After the name of Reliance Industries is added to the promoter of the company, investors can trust the company and the company’s stock.
What is the market cap of the company?
The company has a market cap of Rs 260 crore.
What is the P/E ratio of the company’s stock?
The company’s stock has a P/E ratio running at 77.8.
What are the company’s ROE and ROCE?
The company’s ROE is 12.5% and ROCE is 32.1%.
When was the company established?
The company was founded in 1988.
Friends, we hope that the information given by us in this article will definitely help you understand the business model of Lotus Chocolate Limited Company and assess the future share price target of the company’s stock.