Hello friends! Today we will discuss the Poonawalla fincorp Company Share Price Target 2023, 2024, 2025 and 2030. In this article, we will try to predict what the future share price target may be for Poonawalla fincorp Company. This article will provide you with a technical and fundamental analysis of Poonawalla fincorp Company shares.
About Poonawalla Fincorp Ltd
Poonawalla Fincorp Ltd Company is a non-deposit-taking NBFC company registered by RBI. The company operates in consumer and small business finance segments. Apart from this, the company also works to provide insurance facilities.
The company’s business is currently spread across 21 states and the company currently has a total of 242 branches. The company is working closely with various digital aggregator platforms for growth in the car loan sector and currently has a strong base of 3.50 retail customers.
If we take a look at the financial condition of the company, according to the Screener website, the company currently has a debt of Rs 12400 crore while the company has a cash reserve of Rs 6200 crore. The company has to pay an interest of Rs 775 crore every year in the interest of its debt.
Due to this, despite the company’s good OPM of 32%, the company’s net profit is not seeing any significant growth, although the company’s sales have also seen slow growth for the last few years.
Poonawalla Fincorp ltd Shareholding Pattern?
If we talk about the shareholding pattern of Poonawalla Fincorp Ltd, then the promoter holding in the company is 61.48%, which is quite good. Apart from this, public holding in the company is 25.88%, FIIS holding is 7.45% and DIIS holding is 5.14%.
Poonawalla Fincorp Share Price Target 2023
The company operates in consumer and small business finance segments. If we talk about Poonawalla Fincorp’s share price target for 2023, then the company is going to sell its subsidiary company Poonawalla Housing Finance Limited company to TPG Global, it is heard that this deal is going to be worth Rs 3950 crore.
After the completion of this deal, the company’s stock can see a good boom in the short term. According to brokerage firm Motilal Oswal, the company’s stock price is expected to reach Rs 355 in the short term.
Poonawalla Fincorp Share Price Target 2025
At present, the company has a presence in 21 states across the country, with a total of 242 branches. In the near future, the company’s management is expected to focus on expanding their reach across the country in an effort to increase their business.
The company currently boasts a strong customer base of 3.50 lakh retail customers in the car loan segment. The company management is planning to increase it to 15%-20% by the year 2025. Due to which the company’s sales are likely to see good growth.
Regarding the Poonawalla Fincorp Share Price Target for 2025, based on the company’s past performance, it is expected that the stock’s price target will range from Rs 450 to Rs 485 in the near future.
Poonawalla Fincorp Share Price Target 2030
If we take a look at the fundamentals of the company, the promoter holding in the company is quite good, but at this time the company has a lot of debt, due to which the company has to pay a huge amount of interest.
If in the coming time, the company management is able to increase its business and reduce its debt, then in the future, the company’s stock will be very good. Poonawalla Fincorp’s share price target can be seen from Rs 950 to Rs 1120 by 2030.
Is Poonawalla Fincarp Company’s Stock a Good Stock for Buying?
If we talk about the company’s business model, then there will be good opportunities for growth in the future. But at the moment, the company’s stock is running well above its book value price of Rs 85.7. But most brokerage houses have made buy ratings in the company’s stock.