Indian Infotech Share Price Target: The Indian stock market offers multiple choices for investors, with technology businesses frequently leading the way in innovation and growth. Among them, Indian Infotech Ltd. has attracted substantial interest due to its potential in the fast-increasing IT sector. Indian Infotech & Software Ltd. was founded in 1982 and operates at the interface of technology and finance. The firm, based in Mumbai, is well-known for its work in several types of technology-driven industries, including door interlock systems, office automation, and pharmaceutical cleanroom products.
Also, the organization has a strong presence in the non-banking financial organization (NBFC) market, offering loans for equipment, working capital, projects, and conditions. In this blog, we will look at the company's finances, market trends, and expert projections to present a complete picture of the possible price trajectory of Indian Infotech shares.
Let's look at the Indian Infotech share price target for this company and its potential future worth.
Read more: CDSL Share Price Target
India Infotech Company Overview
In 2024, Indian Infotech is expected to have a small workforce of ₹211.60 crore and a varied customer. This include well-known businesses including Cadila Pharmaceuticals, Meghmani Group, Astral Pipes, IIT Gandhinagar, Aditya Birla Group, and Torrent Power. A strong basis for future expansion is provided by the diversity of its clients and business portfolio.
CDSL Share Price Current Performance And Market Indicators
- Open Price: ₹1,49
- Today’s Low Price: ₹1,46
- Today's High Price: ₹1,49
- Current Price: ₹1,47
- Market capitalization: ₹186 crore
- P/E Ratio: 147
- ROE: 0.63%
- Dividend Yield: 0.00%
- 52-Week Low: ₹1.30
- 52-Week High: ₹2.97
- Price Change Over the Past Year: -12.52% (₹-0.21 Decrease)
The performance of Indian Infotech's share price at the moment is inconsistent. Today, the stock began at ₹1.49, went as low as ₹1.46, had a high of ₹1.49, and is currently trading at ₹1.47. This indicates a little drop from the launch pricing. With a high P/E ratio of 147 and a market capitalization of ₹186 crore, the company may be overpriced in earnings.
Due to its poor return on equity (ROE) of 0.63% and lack of dividend yield, the firm is not as appealing to investors seeking income. The share price has dropped by 12.52%, or ₹0.21, over the last year, which is in line with a general decreasing trend. The stock has shown some volatility in its performance, ranging from a 52-week low of₹1.30 to a high of ₹2.97.
Indian Infotech Share Price Target 2024
This firm has ₹41.18 crores in sales and ₹11.36 crores in losses in 2021. Nonetheless, in 2022, the business brought in ₹55.39 crores in sales and turned a ₹0.32 crore profit. The sales were ₹47.06 crores by 2023, while the profit was ₹0.614 crores. Sales and earnings for the business have been steadily rising.
The share price is anticipated to increase as long as the business maintains a consistent rate of growth in sales and earnings, drastically cuts its losses, and starts to generate a profit. The target share price for the firm for 2024 is estimated to be between ₹2.45 and ₹3.23.
Indian Infotech Share Price Target 2025
With a share price of about ₹1.50, Indian Infotech is now categorized as a penny company but has potential for development because of its variety of revenue sources. The share price is anticipated to reach ₹4.10 by 2025 as the firm expands its income streams and service offerings. After reaching this benchmark, it may rise even higher to ₹5.20.
Indian Infotech Share Price Target 2026
We have set our first Indian Infotech share price target for 2026 at around ₹5.20, taking all of these factors into account. After the first goal is reached, we can proceed to a second target that is close to ₹6.90.
Indian Infotech Share Price Target 2027
About 92.96% of the company's shares are owned by retailers and other third parties, if we are talking about the share price target for this company in 2027. Other than this, the promoters' salary is extremely low, roughly 7.04%, which harms the company's reputation because the promoters own relatively little of the company's shares, and if we discuss the share price target for the company in 2023, then the share could reach approximately ₹ 6 by 2027. Short term declines are also possible, and the company's share price may rise to 0.75.
Indian Infotech Share Price Target 2028
However, if we talk about the share price target for this company in 2028, the country is likely to grow very quickly, and given the rate at which information technology is developing in our nation, there is a chance that it will grow even more. If the company reduces its debt and the promoters increase their ownership of the company, however, the company may grow profitably; if not, the stock of the company may decline.
Indian Infotech Share Price Target 2029
Given its limited market capitalization, Indian Infotech's share price may not see a dramatic increase. Consistent success and growth into new business sectors should drive the stock price to ₹5.90 by 2029, with a secondary objective of ₹6.70 if market conditions are good.
Indian Infotech Share Price Target 2030
If you invest in this company's stock long-term and believe that it will rise well until 2030, the promoter's shareholding in the business is extremely small, and the company's profit margin is also not particularly noteworthy. As a result, there is little chance that the company's stock will fluctuate significantly. In addition, the company's growth rate is quite low and its financial sheet is in very poor shape. If the falling tiger continues to hover around ₹ 9.00, the company's share price might reach about ₹ 11.30 by 2030.
Shareholding of Indian Infotech
Summary | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 |
Promoter | 3.20% | 3.20% | 7.00% | 8.10% | 11.90% | 12.20% | 14.00% | 16.40% | 16.40% | 16.40% | 16.40% | 19.30% |
FII | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
DII | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.20% | 0% | 0% | 0% | 0% |
Public | 96.80% | 96.80% | 93.00% | 91.90% | 88.10% | 87.80% | 86.00% | 83.40% | 83.60% | 83.60% | 83.60% | 80.70% |
Others | 0% | 0% | 0.00% | 0.00% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.00% |
About India Infotech
India Infotech is an Indian software development company, incorporated in 1982, as a partnership firm. The company is involved in the various tasks implementing the design and development of the HRMS, Office automation products, and pharmaceutical clean room products (interlock systems, etc. As per the latest balance sheet provided by the company, the company is valued at around 186 crores. Having multiple branches across India as well as Abroad.
Balance Sheet of Indian Infotech
Balance Sheet of Indian Infotech and Software (in Rs. Cr.) | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
| 12 mths | 12 mths | 12 mths | 12 mths | 12 mths |
EQUITIES AND LIABILITIES |
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SHAREHOLDER'S FUNDS |
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Equity Share Capital | 126.7 | 100.56 | 100.56 | 100.56 | 100.56 |
Total Share Capital | 126.7 | 100.56 | 100.56 | 100.56 | 100.56 |
Reserves and Surplus | 145.12 | 129.25 | 128.68 | 128.36 | 141.05 |
Total Reserves and Surplus | 145.12 | 129.25 | 128.68 | 128.36 | 141.05 |
Total Shareholders Funds | 271.82 | 229.81 | 229.24 | 228.91 | 241.61 |
NON-CURRENT LIABILITIES |
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Long Term Borrowings | 0 | 0 | 0 | 0 | 0 |
Deferred Tax Liabilities [Net] | 0 | 0 | 0 | 0 | 0 |
Other Long Term Liabilities | 0.1 | 0.07 | 0.05 | 0.02 | 0.02 |
Long Term Provisions | 1.24 | 0.74 | 0.65 | 0.54 | 0.47 |
Total Non-Current Liabilities | 1.34 | 0.81 | 0.69 | 0.56 | 0.48 |
CURRENT LIABILITIES |
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Short Term Borrowings | 0 | 0.3 | 0.3 | 0.3 | 0 |
Trade Payables | 0 | 0.02 | 0.01 | 0.05 | 0.03 |
Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
Short Term Provisions | 0 | 0 | 0 | 0 | 0 |
Total Current Liabilities | 0 | 0.32 | 0.31 | 0.35 | 0.03 |
Total Capital And Liabilities | 273.16 | 230.95 | 230.24 | 229.83 | 242.12 |
ASSETS |
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NON-CURRENT ASSETS |
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Tangible Assets | 0 | 0 | 0 | 0 | 10.32 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 |
Capital Work-In-Progress | 0 | 0 | 0 | 0 | 0 |
Other Assets | 0 | 0 | 0 | 0 | 0 |
Fixed Assets | 0 | 0 | 0 | 0 | 10.32 |
Non-Current Investments | 0 | 0 | 0 | 0 | 0 |
Deferred Tax Assets [Net] | 0 | 0 | 0 | 0 | 1.26 |
Long Term Loans And Advances | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets | 3.97 | 3.26 | 2.66 | 1.21 | 0 |
Total Non-Current Assets | 3.97 | 3.26 | 2.66 | 1.21 | 11.58 |
CURRENT ASSETS |
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Current Investments | 0 | 0 | 0 | 0 | 0 |
Inventories | 33.56 | 0.24 | 10.18 | 10.18 | 41.7 |
Trade Receivables | 0.66 | 0 | 0 | 0 | 0 |
Cash And Cash Equivalents | 0.24 | 0.05 | 2.45 | 0.89 | 2.56 |
Short Term Loans And Advances | 234.73 | 227.41 | 214.95 | 217.55 | 186.28 |
OtherCurrentAssets | 0 | 0 | 0 | 0 | 0 |
Total Current Assets | 269.19 | 227.69 | 227.58 | 228.61 | 230.54 |
Total Assets | 273.16 | 230.95 | 230.24 | 229.83 | 242.12 |
OTHER ADDITIONAL INFORMATION |
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CONTINGENT LIABILITIES, COMMITMENTS |
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Contingent Liabilities | 0 | 0 | 0 | 0 | 0 |
CIF VALUE OF IMPORTS |
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Raw Materials | 0 | 0 | 0 | 0 | 0 |
Stores, Spares And Loose Tools | 0 | 0 | 0 | 0 | 0 |
Trade/Other Goods | 0 | 0 | 0 | 0 | 0 |
Capital Goods | 0 | 0 | 0 | 0 | 0 |
EXPENDITURE IN FOREIGN EXCHANGE |
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Expenditure In Foreign Currency | 0 | 0 | 0 | 0 | 0 |
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS |
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Dividend Remittance In Foreign Currency | -- | -- | -- | -- | -- |
EARNINGS IN FOREIGN EXCHANGE |
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FOB Value Of Goods | -- | -- | -- | -- | -- |
Other Earnings | -- | -- | -- | -- | -- |
BONUS DETAILS |
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Bonus Equity Share Capital | -- | -- | -- | -- | -- |
NON-CURRENT INVESTMENTS |
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Non-Current Investments Quoted Market Value | -- | -- | -- | -- | -- |
Non-Current Investments Unquoted Book Value | -- | -- | -- | -- | -- |
CURRENT INVESTMENTS |
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Current Investments Quoted Market Value | -- | -- | -- | -- | -- |
Current Investments Unquoted Book Value | -- | -- | -- | -- | -- |
This balance sheet is referred to from the Moneycontrol website.
Conclusion
The share price of India Infotech holds significant potential for growth, driven by the company’s robust business model, innovative strategies, and the expanding technology sector. While the market can be unpredictable, the current trends and financial indicators suggest a promising outlook for investors. However, as with any investment, it's essential to conduct thorough research and consider market risks before making any financial decisions. Keeping an eye on the company's performance and market developments will be crucial in predicting the future share price trajectory of India Infotech.
Disclaimer
This article is just for informational purposes. Forecasting of the share price targets is based on and referred to from various sources, media reports and predictions done by brokerage houses from time to time.
We also state that we are not SEBI-registered financial advisors. So, kindly, before taking any kind of investment in the shares, please do counsel with the certified financial advisories.
If you have any corrections or find any wrong information, do let us know on our official email ID, [email protected]