Alankit Share Price Target 2024, 2025, 2026, 2030 : Today we will try to know the future share price of Alankit Limited which works in e-governance products.
If you also want to invest in this company and want to know what kind of returns the company’s shares can give in the coming years, then today in this article we are going to discuss about it.
Along with this, we will also know the business of the company and will also give you information about the fundamental and future growth of the company.
Before investing in any company, the fundamental and future growth and business model of the company are most important, hence in this article we will tell you the share price target as well as the business analysis of the company.
About Alankit Ltd Company
Alankit Ltd is one of the leading companies of Alankit Group. This company has been working in the field of Financial Services, Channel Business, Management Services, Regtech since 1995. This company is mainly in the business of e-governance and e-governance products.
This company mainly provides the following e-governance facilities such as
- Pan Centers
- Business Correspondent
- Fast Tag Services
- GST facility provider
- Smart Card
The company is a penny stock in terms of market cap. The share price of the company is currently trading at Rs 19.
Also, the market cap of the company is Rs 445 crore and if we look at the PE ratio of the company, at present the company is trading at a PE ratio of 29.
| Share Price | 19.8 |
| Market Cap | 445 Cr. |
| PE Ratio | 29.8 |
Alankit Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030
| Alankit Share Price Target | Price |
| Alankit Share Price Target 2024 | 23.75 रु |
| Alankit Share Price Target 2025 | 28.97 रु |
| Alankit Share Price Target 2026 | 37.66 रु |
| Alankit Share Price Target 2027 | 52.73 रु |
| Alankit Share Price Target 2028 | 65.91 रु |
| Alankit Share Price Target 2029 | 79.3 रु |
| Alankit Share Price Target 2030 | 114.19 रु |
Whatever share price target has been given to you above, it has been given according to the past business performance of the company.
The way the company has performed well in the last several years, the company is expected to perform similarly in the coming years.
Therefore, we expect the share price target to be good for this company in the coming years like 2025, 2026, 2030.
Alankit Share Price Target 2024
As told above, the company provides e-governance products which include services like PAN card, Fast Tag, GST facility, smart card.
The company has about 27 years of experience in this field.
As you know, the Government of India is focusing a lot on Digital India, due to which in the coming years, the government will take many offline processes online, which will definitely benefit the companies providing these e-governance facilities.
Now if we talk about Alankit Share Price Target 2024, then the company’s share can be seen trading up to the price of Rs 23.75 paise in 2024.
| Alankit Share Price Target 2024 | Price |
| January | 19.08 |
| February | 19.20 |
| March | 19.90 |
| April | 20.10 |
| May | 20.40 |
| June | 20.90 |
| July | 21.30 |
| August | 21.60 |
| September | 22.00 |
| October | 22.60 |
| November | 23.00 |
| December | 23.75 |
Alankit Share Price Target 2025
The way this company has performed well in business in 2024, it will do the same in 2025 because the company uses advanced technology, artificial intelligence and automation in many of its digital products.
Due to which, more efficiency will be seen in the company’s business.
Now if we talk about share price target, then Alankit Share Price Target 2025 is expected to be ₹ 28.97.
| Alankit Share Price Target 2025 | Price |
| January | 23.80 |
| February | 23.90 |
| March | 24.00 |
| April | 24.10 |
| May | 24.60 |
| June | 24.90 |
| July | 25.00 |
| August | 26.10 |
| September | 26.80 |
| October | 27.00 |
| November | 28.00 |
| December | 28.97 |
Alankit Share Price Target 2026
Now if we look at the sales growth of the company, the sales of the company were Rs 85 crore in March 2017, which has increased to Rs 312 crore in March 2023.
That means the company’s sales are growing at a CAGR of 35 to 40 percent every year.
Which will be considered a good number, if the company brings 35 to 40 percent growth in this manner, then the company can become a stock giving multibagger returns.
You may be seen trading up to the level of ₹37 in Alankit Share Price Target 2026.
| Alankit Share Price Target 2026 | Price |
| January | 29.00 |
| February | 29.40 |
| March | 30.10 |
| April | 30.90 |
| May | 31.00 |
| June | 31.88 |
| July | 33.10 |
| August | 34.10 |
| September | 35.00 |
| October | 36.78 |
| November | 37.00 |
| December | 37.66 |
Alankit Share Price Target 2030
The business of Alankit Limited is going to expand even more in the coming years as the company is making its presence felt in urban as well as rural areas of India.
Along with this, the company is also entering many new markets abroad and targeting new customer groups.
To improve its business, the company is adopting modern new technologies like advanced technology, artificial intelligence, automation etc.
This company can give you good returns in the future because the company continuously searches for new business in new fields.
And the company is also continuously training its employees so that it can improve its services as much as possible.
Along with this, the company is improving its technology and facilities by partnering with many big companies.
Now if we talk about the share price target of Alankit Ltd, then you can see the company’s Alankit Share Price Target trading at a price of Rs 114 by 2030.
| Alankit Share Price Target 2030 | Price |
| January | 79.40 |
| February | 80.22 |
| March | 90.33 |
| April | 93.00 |
| May | 98.00 |
| June | 100.30 |
| July | 105.00 |
| August | 109.00 |
| September | 112.10 |
| October | 113.22 |
| November | 113.90 |
| December | 114.19 |
Fundamentals of Alankit Share Price Target
If we look at the fundamentals of the company, the market cap of the company is Rs 445 crore.
The company has a debt of about Rs 12 crores, which is very low as per the market cap of the company, along with this, if we look at the ROCE and ROE numbers of the company, it is 7.80 and 13.8 respectively, which will not be considered very high.
The promoter’s holding in this company is 52 percent. Currently, the company is trading at a price to earnings ratio of 29, which is fine as per the valuation.
Should I invest in Alankit Share Price Target or not?
The share price of Alankit Ltd is currently trading at Rs 19. The market cap of the company is Rs 445 crore, which makes it a micro cap company. If you look at the revenue of the company, the revenue of the company is increasing every year.
But the company is not giving profit growth. The profit of this company was Rs 22 crore in March 2018.
Which is gradually decreasing to Rs 3 crore in March 2022, which means the company is not showing continuous profit growth due to which investing in the company can be a bit risky.
If the company is showing consistent revenue growth as well as profit growth, then you can definitely think about investing in this company.