Mukka Proteins Share Price Target 2024, 2025 to 2030

mukka proteins share price targets
Mukka Proteins Share Price Targets

In, Today’s blog, we will explore the Mukka Proteins Share Price Targets for 2024 to 2030. To know how the stock will perform in the upcoming years, read the complete article.

What is Mukka Proteins Ltd.?

Mukka Proteins Limited, established in 2003, oversees the production of fish protein products including fish meal, fish oil, and fish soluble paste. These products cater to various industries such as aqua feed, poultry feed, pet food, pharmaceuticals, soap, leather, and paint. The company exports to 10 countries including Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan, and Vietnam.

Operations encompass six manufacturing facilities, four in India and two managed by its foreign subsidiary, Ocean Aquatic Proteins LLC, located in Oman. Additionally, Mukka Proteins manages three blending facilities and five storage facilities strategically located near the Indian coastline. The Managing Director is Mr. Kalandan Mohammed Haris.

Mukka Proteins Ltd. Fundamental Analysis

Market Cap₹ 1,144.50 Cr.
Enterprise Value₹ 1,354.14 Cr.
No. of Shares30 Cr.
P/E29.03
P/B3.31
Face Value₹ 1
Div. Yield0 %
Book Value (TTM)₹  11.52
Cash₹ 23.03 Cr.
Debt₹ 232.67 Cr.
Promoter Holding73.33 %
EPS (TTM)₹  1.31
Sales Growth53.91%
ROE38.66 %
ROCE23.54%
Profit Growth98.90%

Mukka Proteins Ltd. Profit & Loss Report

DiscriptionMAR 2019MAR 2020MAR 2021MAR 2022MAR 2023
Net Sales (Cr.)407.37545.72536.25692.891,066.40
Total Expenditure382.63525.66529.39660.371,000.73
Operating Profit24.7420.076.8632.5265.67
Other Income3.018.149.157.748.87
Interest4.346.596.958.3515.18
Depreciation2.202.803.003.724.27
Exceptional Items-0.690.000.000.000.00
Profit Before Tax20.5318.826.0628.2055.10
Tax5.125.981.458.3815.67
Net Profit15.4112.844.6119.8239.42
Adjusted EPS (Rs.)0.700.580.210.901.79

Mukka Proteins Share Price Target 2024, 2025 to 2030

Also Read: TATA Investment Share Price Target 2024, 2025 to 2030

Mukka Proteins Share Price Target 2024

YearMUKKA share price target 2024
2024₹30 to ₹150

The year 2024 is set to commence with MUKKA’s share price at ₹30, reflecting a strong start. As the year progresses, a significant rise is anticipated, reaching mid-year targets around ₹90. The year-end prediction is notably bullish, with the share price potentially soaring to ₹150, buoyed by positive market trends.

Also Read: CG Power Share Price Target 2024, 2025 to 2030

Mukka Proteins Share Price Target 2025

YearMUKKA share price target 2025
2025₹145 to ₹350

Starting the year at ₹145, MUKKA’s share price in 2025 looks promising. The forecast suggests a steady performance throughout the year, with mid-year figures hovering around ₹270. By December 2025, the share is expected to slightly adjust to a target of ₹350, assuming continued market support.

Also Read: Welspun Living Share Price target 2024, 2025 to 2030

Mukka Proteins Share Price Target 2030

YearMUKKA share price target 2030
2030₹800 to ₹1000

The year 2030 is forecasted to start with MUKKA shares at ₹800. The share price is anticipated to maintain a steady growth, reaching about ₹910 by mid-year. The end-of-year target is optimistically set at ₹1000, culminating a decade of progressive performance.

Also Read: TSMC Share Price Target 2024, 2025 to 2030

Mukka Proteins Ltd. share quick analysis report: Buy or Sell?

  1. PE Ratio: The Price to Earnings ratio for Mukka Proteins is 29.03, indicating a relatively high and potentially overvalued stock.
  2. Share Price: Mukka Proteins’ current share price is Rs 38.15. Utilizing valuation calculators can help determine whether the stock is undervalued or overvalued.
  3. Return on Assets (ROA): Mukka Proteins demonstrates a ROA of 9.51%, signaling a potentially concerning outlook for future performance.
  4. Current Ratio: With a current ratio of 1.14, Mukka Proteins showcases its ability to meet short-term liabilities with short-term assets.
  5. Return on Equity (ROE): Mukka Proteins boasts a ROE of 38.66%, indicating efficient profit generation from shareholder investments.
  6. Debt to Equity Ratio: Mukka Proteins’ D/E ratio is 1.91, suggesting a relatively low proportion of debt in its capital structure.
  7. Inventory Turnover Ratio: The inventory turnover ratio for Mukka Proteins is 6.11, revealing potential inefficiencies in inventory and working capital management.
  8. Sales Growth: Mukka Proteins reports a fair revenue growth of 53.91% in relation to its overall performance.
  9. Operating Margin: With an operating margin of 6.16% for the current financial year, Mukka Proteins’ operational efficiency is depicted.
  10. Dividend Yield: Mukka Proteins offers a dividend yield of 0%, with a current year dividend of Rs 0.

👍 Strengths

  • Demonstrated a robust revenue growth of 25.02% over the last 3 years.
  • Maintained a healthy Return on Equity (ROE) of 24.55% during the same period.
  • Boasts a favorable PEG ratio of 0.29.
  • Exhibits an efficient Cash Conversion Cycle of 48.15 days.
  • Possesses a substantial promoter holding of 73.33%.
  • Demonstrates a strong degree of Operating leverage, with an average Operating leverage of 12.00.

👎 Weakness

  • Faces contingent liabilities amounting to 105.51 Cr.
  • Experiences negative cash flow from operations, with a value of -46.96.

FAQs

Disclaimer: Dear Readers, Please note, These stock price projections are based on factors like past performance and market trends. These projections are for informational purposes only and aren’t financial advice or guarantees.

4.5/5 - (4 votes)
Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Article
tata investment share price targets

TATA Investment Share Price Target 2024, 2025 to 2030

Next Article
jnj stock price predictions

JNJ Stock Price Prediction 2024, 2025, 2030, 2040, 2050

Related Posts