KSOLVES INDIA SHARE PRICE TARGET 2024, 2025, 2026, 2027, 202TO 2030

Ksolves India Limited is a small-cap software development company, specializing in a range of services including Big Data, AI/ML, Salesforce, and DevOps. With over 450 in-house technology experts, the company offers comprehensive solutions in areas like Apache Kafka, Apache Spark, Java, and Mobile Development, catering to global clients across various time zones.

In 2023, Ksolves India achieved significant milestones, including becoming a Salesforce Crest Partner and winning the Nasscom SME Inspire Awards, while also expanding its presence with a new delivery center in Ahmedabad. The company’s commitment to excellence is reflected in its continuous growth and the expansion of its skilled workforce.

Investors have become interested in this technological company as a result of its consistent growth in sales and profit over the previous five years. But what can we anticipate for the share price goal of Ksolves India in the ensuing years? We’ll examine the company’s financial statements and examine its growth prospects from 2024 to 2030 in this piece.

Continue reading to learn if Ksolves India is a worthwhile stock to purchase.

Ksolves India Q2 FY24 Highlights: Impressive YoY Growth in Revenue and Profits

  • Ksolves India’s Q2 FY24 results, announced on October 15, 2023, revealed substantial growth.
  • YoY, the company experienced a remarkable 40.43% increase in revenue and a significant 39.13% rise in profits.
  • In comparison to the previous quarter, both revenue and profit demonstrated positive trends, growing by 9.23% and 8.45%, respectively.
  • Selling, general & administrative expenses rose by 9.23% q-o-q and surged by 39.42% Y-o-Y, indicating increased operational costs.
  • The operating income exhibited a strong performance, rising by 9.84% q-o-q and 38.69% Y-o-Y, underscoring efficient operational management.
  • The Earnings Per Share (EPS) for Q2 FY24 reached ₹6.94, reflecting a substantial 39.08% YoY increase, highlighting improved profitability.

How to purchase Ksolves India shares?

Below are the trading platforms that you can use to purchase Ksolves India shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

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Ksolves India Share Price Prediction: 2023 to 2030

Ksolves India Share Price Target 2023

When Maximum Price Minimum Price
December 2023 ₹1,186.92 ₹1,032.10

In December 2023, Ksolves India’s share price is anticipated to fluctuate between ₹1,032.10 and ₹1,186.92, according to market projections. The minimum price reflects a potential support level, while the maximum price represents a resistance level. Ksolves India’s current market capitalization stands at ₹1,305 Cr., indicating the total market value of its outstanding shares.

As of December 7th, 2023, the current share price is ₹1,099. Investors should carefully monitor the market dynamics and company performance to make informed decisions in this volatile environment.

Ksolves India till August 2023, showed a bullish trend, with an increase in share prices from January.

However, after reaching ATH of Rs. 1,447.00 in August 2023, the share price has corrected by 30%.

Currently, KSolve India is trading with a PE ratio of 44.

Ksolves India Share Price Target 2024

When Maximum Price Minimum Price
January 2024 ₹1,211.14 ₹1,053.17
February 2024 ₹1,235.86 ₹1,074.66
March 2024 ₹1,261.08 ₹1,096.59
April 2024 ₹1,224.35 ₹1,064.65
May 2024 ₹1,206.26 ₹1,048.92
June 2024 ₹1,249.68 ₹1,086.68
July 2024 ₹1,237.19 ₹1,075.81
August 2024 ₹1,286.67 ₹1,118.85
September 2024 ₹1,338.14 ₹1,163.60
October 2024 ₹1,311.90 ₹1,140.78
November 2024 ₹1,351.26 ₹1,175.01
December 2024 ₹1,385.04 ₹1,204.38

Let us look at Ksolves India’s share price targets for the year 2024. This Indian software company’s projected share prices range from ₹1,048.92 to ₹1,385.04, with the highest and lowest prices expected in December and May, respectively.

The software company’s projected share price return for 2024 ranges from 24% to 85%. It is important to remember that share price projections are based on current market trends and may change in the future.

Ksolves India Share Price Target 2025

When Maximum Price Minimum Price
January 2025 ₹1,412.74 ₹1,086.72
February 2025 ₹1,448.97 ₹1,114.59
March 2025 ₹1,505.48 ₹1,158.06
April 2025 ₹1,475.96 ₹1,135.35
May 2025 ₹1,432.97 ₹1,102.28
June 2025 ₹1,497.45 ₹1,151.89
July 2025 ₹1,468.09 ₹1,129.30
August 2025 ₹1,513.49 ₹1,164.23
September 2025 ₹1,566.47 ₹1,204.97
October 2025 ₹1,607.19 ₹1,236.30
November 2025 ₹1,647.37 ₹1,267.21
December 2025 ₹1,688.56 ₹1,298.89

Our analysis shows Ksolves India’s projected share price targets for the year 2025, with maximum and minimum prices for each month. In the year 2025, the company’s share price targets range from ₹1,086.72 to ₹1,688.56, with the highest and lowest expected in December and January, respectively.

The first quarter of the year shows a bullish trend, with a steady increase in share prices from January to March. The trend becomes bearish in May, with a decline in share prices. The latter half of the year shows a mixed trend, with both bullish and bearish months.

The company’s projected share price return for 2025 ranges from 32% to 73%. Based on these projections, investors may consider Ksolves India’s shares for investment, but it’s essential to monitor market trends and consider various external factors that could impact share prices.

Ksolves India Share Price Target 2026 – 2030

Year Maximum Price Minimum Price
2026 ₹1,772.99 ₹1,241.09
2027 ₹1,950.28 ₹1,365.20
2028 ₹2,730.40 ₹1,365.20
2029 ₹2,363.98 ₹1,181.99
2030 ₹3,073.18 ₹2,151.22

According to our analysis, Ksolves India’s share price target for 2026 ranges from a minimum of ₹1,241.09 to a maximum of ₹1,772.99, while for 2027, it ranges from ₹1,365.20 to ₹1,950.28. In 2028, the target ranges from ₹1,365.20 to ₹2,730.40.

The share price target for 2029 is quite bullish, with a minimum target of ₹1,181.99 and a maximum target of ₹2,363.98. Similarly, for 2030, the average target ranges from ₹2,151.22 to ₹3,073.18.

Financial Condition of Ksolves India: Last 5 years

2019 2020 2021 2022 2023
Sales (Rs. Crore) 5 8 24 45 77
Expenses
(Rs. Crore)
5 7 13 26 44
Operating Profit
(Rs. Crore)
0 1 11 20 33
OPM %
(Rs. Crore)
0% 13% 45% 43% 42%
Other Income
(Rs. Crore)
0 0 0 1 1
Interest
(Rs. Crore)
0 0 0 0 0
Depreciation
(Rs. Crore)
0 0 0 0 0
Profit Before Tax
(Rs. Crore)
0 1 11 20 33
Tax %
(Rs. Crore)
27% 24% 25% 24% 25%
Net Profit
(Rs. Crore)
0 1 8 15 25
EPS (Rs) 6.64 13.02 20.98
Dividend Payout % 97% 0% 74% 44% 52%

From 2019 to 2023, Ksolves India’s financial performance witnessed notable growth and fluctuations. Sales escalated from ₹5 crore in 2019 to ₹77 crore in 2023, accompanied by a steady rise in expenses. The operating profit surged from ₹1 crore in 2020 to ₹33 crore in 2023, reflecting improved operational efficiency.

Despite a fluctuating Operating Profit Margin (OPM %), the company maintained a consistent upward trajectory. The earnings per share (EPS) exhibited a substantial increase from ₹6.64 in 2021 to ₹20.98 in 2023. Dividend payout percentages varied, indicating the company’s evolving dividend distribution strategy over the years. These financials depict a dynamic and evolving financial landscape for Ksolves India.

FAQS

What is the current share price of Ksolves India?

As of December 7, 2023, the share price of Ksolves India is Rs. 1,099.

What is the projected share price target for Ksolves India in 2023-2030?

Based on various market trends and financial analyses, the projected share price target for Ksolves India in 2023-2030 is estimated to be around Rs. 1,688.56 by 2025.

Is it a good time to invest in Ksolves India?

As with any investment, it is important to conduct thorough research and analysis before investing. However, given the positive growth trajectory of the company, Ksolves India appears to be a promising investment opportunity.

What factors are driving the growth of Ksolves India?

The growth of Ksolves India can be attributed to factors such as its innovative solutions, cost-effectiveness, and strong leadership team.

What risks should investors be aware of when investing in Ksolves India?

Investors should be aware of factors such as market volatility, competition, and regulatory changes that may impact the growth of Ksolves India.

What is the historical performance of Ksolves India?

Ksolves India has shown consistent growth in terms of its revenue and profits over the past few years, making it an attractive investment option.

What is the dividend payout history of Ksolves India?

Ksolves India has a dividend payout history of 0.00% in 2018, 100.00% in 2019, 0.00% in 2020, 74.28% in 2021, 44.66% in 2022 and 52% in 2023.

What is the operating profit margin of Ksolves India?

The operating profit margin of Ksolves India has shown a positive growth trend over the years, with a growth rate of 4.12% in 2018 to 43% in 2023.

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Conclusion

The company exhibits excellent potential for future growth based on the robust increase of Ksolves India’s income and PAT over the past five years, with an impressive revenue growth rate of 168% from FY18 to FY22 and a profit growth rate of over 400% in the same period. With a maximum of Rs. 3,073.18 and a low of Rs. 1,032.10, the projected share price goal from 2023 to 2030 exhibits an upward trend. The company demonstrated exceptional profitability in FY22, with an OPM of 42.32%, and its current P/E ratio of 44.8 suggests that it is still undervalued. The firm continues to show high growth potential in the market, therefore now might be a good time to buy shares of Ksolves India.

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Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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