ASM Technologies Ltd, established in 1992, is a publicly listed Indian company with a global presence across the USA, UK, Singapore, Canada, Mexico, and Japan. The company offers a wide range of services, including engineering services, product research and development (R&D), Internet of Things (IoT) solutions, and Virtual/Augmented Reality (VR/AR) technologies. With over three decades of experience, ASM has built a strong reputation for providing cutting-edge technology solutions and consulting services. It is listed on the Bombay Stock Exchange (BSE) under the code ASMTEC, showcasing its credibility and commitment to innovation.
Driven by its vision to be a global leader in technology solutions, ASM Technologies focuses on delivering excellence, quality, and value to its clients. The company has actively expanded its global footprint and capabilities through strategic partnerships and acquisitions, such as the recent acquisition of Semcon’s India delivery center. This move has further enhanced its service offerings and strengthened its presence in key markets, making ASM Technologies a trusted name in the engineering and product R&D sector.
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Jul 2024 | |
| Promoters + | 62.79% | 62.79% | 61.54% | 61.54% | 57.35% |
| FIIs + | 0.02% | 0.00% | 0.66% | 0.25% | 0.23% |
| DIIs + | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% |
| Public + | 37.19% | 37.19% | 37.81% | 38.21% | 42.41% |
| No. of Shareholders | 17,103 | 17,219 | 17,460 | 18,746 | 18,752 |
ASM Technologies Ltd has displayed noteworthy trends in its shareholding patterns from September 2023 to July 2024. The promoters’ stake has seen a decline, starting at 62.79% in September 2023 and dropping to 57.35% by July 2024. This reduction indicates a possible shift in the company’s control dynamics or strategic maneuvers by the promoters. Meanwhile, Foreign Institutional Investors (FIIs) have shown a modest presence, with their share fluctuating slightly from 0.02% in September 2023 to 0.23% in July 2024, suggesting a gradual increase in foreign investment interest, albeit remaining minimal.
The public shareholding has increased significantly, rising from 37.19% in September 2023 to 42.41% in July 2024. This growth in public ownership reflects a growing interest among retail investors and potentially a broader acceptance of ASM Technologies Ltd in the market. The overall number of shareholders has also increased, from 17,103 in September 2023 to 18,752 by July 2024, highlighting the company’s appeal to a wider audience. These trends in shareholding patterns indicate a shift towards greater public participation in ASM Technologies Ltd while the promoters’ control gradually diminishes.
Below are the trading platforms that you can use to purchase ASM Technologies Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| October 2024 | 1,682.05 | 1,462.66 |
| November 2024 | 1,749.34 | 1,521.16 |
| December 2024 | 1,766.83 | 1,536.37 |
In October 2024, ASM Technologies is expected to reach a maximum price of ₹1,682.05 and a minimum price of ₹1,462.66. As we move to November 2024, the company’s shares are projected to achieve a maximum price of ₹1,749.34 while experiencing a minimum price of ₹1,521.16. Finally, in December 2024, ASM Technologies is anticipated to reach a maximum price of ₹1,766.83 and a minimum price of ₹1,536.37.
| When | Maximum Price | Minimum Price |
| January 2025 | 1,784.50 | 1,372.69 |
| February 2025 | 1,802.52 | 1,386.56 |
| March 2025 | 1,840.38 | 1,415.67 |
| April 2025 | 1,822.15 | 1,401.66 |
| May 2025 | 1,769.08 | 1,360.83 |
| June 2025 | 1,848.69 | 1,422.07 |
| July 2025 | 1,812.44 | 1,394.19 |
| August 2025 | 1,868.50 | 1,437.31 |
| September 2025 | 1,890.92 | 1,454.55 |
| October 2025 | 1,940.08 | 1,492.37 |
| November 2025 | 1,988.58 | 1,529.68 |
| December 2025 | 2,078.07 | 1,598.52 |
In January 2025, ASM Technologies is expected to reach a maximum price of ₹1,784.50 and a minimum of ₹1,372.69. As we move through the months, February will see a peak of ₹1,802.52, March ₹1,840.38, and April ₹1,822.15.
In May, the maximum may be ₹1,769.08, followed by June at ₹1,848.69 and July at ₹1,812.44. August could see a peak of ₹1,868.50, while September may rise to ₹1,890.92.
As we approach October, the maximum is expected at ₹1,940.08, November at ₹1,988.58, and finally, December could reach ₹2,078.07.
| When | Maximum Price | Minimum Price |
| January 2026 | 2,140.41 | 1,646.47 |
| February 2026 | 2,086.90 | 1,605.31 |
| March 2026 | 2,128.64 | 1,637.42 |
| April 2026 | 2,172.08 | 1,670.83 |
| May 2026 | 2,150.58 | 1,654.29 |
| June 2026 | 2,204.34 | 1,695.65 |
| July 2026 | 2,161.12 | 1,662.40 |
| August 2026 | 2,227.96 | 1,713.81 |
| September 2026 | 2,272.52 | 1,748.09 |
| October 2026 | 2,331.60 | 1,793.54 |
| November 2026 | 2,389.89 | 1,838.38 |
| December 2026 | 2,449.64 | 1,884.34 |
| When | Maximum Price | Minimum Price |
| January 2027 | 2,474.14 | 1,903.18 |
| February 2027 | 2,537.58 | 1,951.98 |
| March 2027 | 2,636.54 | 2,028.11 |
| April 2027 | 2,584.84 | 1,988.34 |
| May 2027 | 2,509.56 | 1,930.43 |
| June 2027 | 2,622.49 | 2,017.30 |
| July 2027 | 2,571.07 | 1,977.74 |
| August 2027 | 2,650.58 | 2,038.91 |
| September 2027 | 2,743.35 | 2,110.27 |
| October 2027 | 2,814.68 | 2,165.14 |
| November 2027 | 2,885.05 | 2,219.27 |
| December 2027 | 2,957.17 | 2,274.75 |
| When | Maximum Price | Minimum Price |
| January 2028 | 3,016.32 | 2,320.24 |
| February 2028 | 3,093.66 | 2,379.74 |
| March 2028 | 3,214.31 | 2,472.55 |
| April 2028 | 3,151.29 | 2,424.07 |
| May 2028 | 3,059.50 | 2,353.46 |
| June 2028 | 3,197.18 | 2,459.37 |
| July 2028 | 3,134.49 | 2,411.15 |
| August 2028 | 3,231.43 | 2,485.72 |
| September 2028 | 3,344.53 | 2,572.72 |
| October 2028 | 3,431.49 | 2,639.61 |
| November 2028 | 3,517.28 | 2,705.60 |
| December 2028 | 3,605.21 | 2,773.24 |
| When | Maximum Price | Minimum Price |
| January 2029 | 3,677.31 | 2,828.70 |
| February 2029 | 3,771.60 | 2,901.23 |
| March 2029 | 3,918.70 | 3,014.38 |
| April 2029 | 3,841.86 | 2,955.28 |
| May 2029 | 3,729.96 | 2,869.20 |
| June 2029 | 3,897.81 | 2,998.31 |
| July 2029 | 3,821.38 | 2,939.52 |
| August 2029 | 3,939.57 | 3,030.44 |
| September 2029 | 4,077.45 | 3,136.50 |
| October 2029 | 4,183.47 | 3,218.05 |
| November 2029 | 4,288.05 | 3,298.50 |
| December 2029 | 4,395.25 | 3,380.96 |
| When | Maximum Price | Minimum Price |
| January 2030 | 4,483.16 | 3,448.58 |
| February 2030 | 4,598.11 | 3,537.01 |
| March 2030 | 4,777.44 | 3,674.95 |
| April 2030 | 4,683.76 | 3,602.89 |
| May 2030 | 4,547.34 | 3,497.96 |
| June 2030 | 4,751.97 | 3,655.36 |
| July 2030 | 4,658.80 | 3,583.69 |
| August 2030 | 4,802.88 | 3,694.53 |
| September 2030 | 4,970.98 | 3,823.83 |
| October 2030 | 5,100.23 | 3,923.25 |
| November 2030 | 5,227.74 | 4,021.34 |
| December 2030 | 5,358.43 | 4,121.87 |
As we step into January 2030, ASM Technologies is expected to reach a maximum price of ₹4,483.16 and a minimum of ₹3,448.58. The maximum is projected to rise to ₹4,598.11 in February, ₹4,777.44 in March, and ₹4,683.76 in April. By mid-year, prices may peak at ₹4,751.97 in June and ₹4,802.88 in August, reaching ₹4,970.98 by September. As we step into October, a maximum of ₹5,100.23 is anticipated, climbing to ₹5,227.74 in November and ₹5,358.43 in December, with minimum prices varying from ₹3,448.58 to ₹4,121.87
Financial Condition of ASM Technologies: Last 5 years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 92 | 137 | 192 | 220 | 202 | 203 |
| Expenses + | 90 | 120 | 170 | 200 | 196 | 198 |
| Operating Profit | 2 | 17 | 21 | 21 | 6 | 6 |
| OPM % | 3% | 12% | 11% | 9% | 3% | 3% |
| Other Income + | 4 | 3 | 7 | 6 | 5 | 8 |
| Interest | 2 | 3 | 6 | 7 | 10 | 11 |
| Depreciation | 3 | 4 | 4 | 9 | 11 | 11 |
| Profit before tax | 2 | 14 | 18 | 11 | -11 | -8 |
| Tax % | 63% | 37% | 22% | 37% | -33% | |
| Net Profit + | 1 | 9 | 14 | 7 | -7 | -4 |
| EPS in Rs | 1.13 | 7.74 | 13.28 | 8.68 | -3.64 | -1.54 |
| Dividend Payout % | 101% | 82% | 58% | 76% | -27% |
ASM Technologies Ltd’s financial performance from March 2020 to March 2024, presented in crores, highlights several key trends and challenges. The company’s sales increased from ₹92 crores in March 2020 to a peak of ₹220 crores in March 2023. However, sales declined to ₹202 crores in March 2024, indicating potential difficulties in sustaining growth. Similarly, total expenses rose from ₹90 crores to ₹196 crores during this period, which contributed to the compression of profit margins.
Operating profit (OP) exhibited notable volatility, reaching ₹21 crores in both March 2022 and March 2023, but dropping to ₹6 crores in March 2024. The operating profit margin (OPM) decreased significantly, falling from a high of 12% in March 2021 to just 3% in March 2024 and the trailing twelve months (TTM). The net profit peaked at ₹14 crores in March 2022 but turned into a loss of ₹7 crores by March 2024, highlighting ongoing financial challenges. Earnings per share (EPS) reflected this trend, declining from ₹13.28 in March 2022 to -₹3.64 in March 2024. The dividend payout ratio fluctuated significantly, reaching a high of 101% in March 2020 but turning negative at -27% in March 2024. Overall, the financial metrics of ASM Technologies Ltd indicate a company facing substantial challenges, necessitating strategic initiatives to improve profitability and stabilize its financial outlook.
FAQS
What is ASM Technologies current market cap?
ASM Technologies current market cap is ₹1,906 Crores.
The current share price of ASM Technologies is ₹1,619.
The projected share price for ASM Technologies in 2025 ranges from ₹1,360.83 to ₹2,078.07.
The projected share price for ASM Technologies in 2030 ranges from ₹3,448.58 to ₹5,358.43.
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Conclusion
In conclusion, ASM Technologies Ltd. presents an intriguing investment opportunity with its promising market position and a history of international success. The projected share prices for 2024 to 2030 depict a positive growth trajectory, making it an attractive option for investors. While financial fluctuations pose challenges, the company’s consistent profitability and strategic management efforts position it well for potential returns. Investors should remain vigilant, considering the dynamic market conditions and the company’s evolving financial landscape.
What did we learn?
- 1 Shareholding Patterns of ASM Technologies Ltd
- 2 How to purchase ASM Technologies shares?
- 3 ASM Technologies Share Price Prediction: 2024 to 2030
- 3.1 ASM Technologies Share Price Target 2024
- 3.2 ASM Technologies Share Price Target 2025
- 3.3 ASM Technologies Share Price Prediction 2026
- 3.4 ASM Technologies Share Price Target 2027
- 3.5 ASM Technologies Share Price Target 2028
- 3.6 ASM Technologies Share Price Prediction 2029
- 3.7 ASM Technologies Share Price Target 2030
- 4 Financial Condition of ASM Technologies: Last 5 years
- 5 FAQS
- 6 Conclusion
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