As an investor, you constantly want to maximize your earnings and obtain the most possible return on your capital. Finding stocks with the potential to expand and scale new heights in the future is one approach to accomplish this. Sal Automotive Ltd enters the picture in this situation. Many investors are unsure whether Sal Automotive Ltd is a viable company to buy despite having a strong history of sales and profit development in recent years.
In this article, we’ll examine Sal Automotive Ltd’s share price goal from 2024 to 2030. So, buckle up and get ready to learn more about the potential of this intriguing stock.
Below are the trading platforms that you can use to purchase SAL Automotive Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| July 2024 | 536.40 | 466.44 |
| August 2024 | 557.86 | 485.10 |
| September 2024 | 580.17 | 504.50 |
| October 2024 | 568.80 | 494.61 |
| November 2024 | 591.55 | 514.39 |
| December 2024 | 597.47 | 519.54 |
As we step into 2024, SAL Automotive’s price is projected to show notable changes. In July 2024, the maximum price is expected to reach ₹536.40, with a minimum of ₹466.44. By December 2024, the maximum price is anticipated to rise to ₹597.47, with a minimum of ₹519.54.
| When | Maximum Price | Minimum Price |
| January 2025 | 628.07 | 483.13 |
| February 2025 | 644.18 | 495.52 |
| March 2025 | 669.30 | 514.85 |
| April 2025 | 656.18 | 504.75 |
| May 2025 | 637.07 | 490.05 |
| June 2025 | 665.73 | 512.10 |
| July 2025 | 652.68 | 502.06 |
| August 2025 | 672.87 | 517.59 |
| September 2025 | 696.42 | 535.71 |
| October 2025 | 714.52 | 549.63 |
| November 2025 | 732.39 | 563.37 |
| December 2025 | 750.70 | 577.46 |
In 2025, SAL Automotive’s share price is projected to steadily rise, reaching a maximum of ₹750.70 in December and a minimum of ₹483.13 in January, reflecting strong potential for growth throughout the year.
| When | Maximum Price | Minimum Price |
| January 2026 | 773.22 | 594.78 |
| February 2026 | 793.04 | 610.03 |
| March 2026 | 823.97 | 633.82 |
| April 2026 | 807.82 | 621.40 |
| May 2026 | 784.29 | 603.30 |
| June 2026 | 819.58 | 630.45 |
| July 2026 | 803.51 | 618.08 |
| August 2026 | 828.36 | 637.20 |
| September 2026 | 857.35 | 659.50 |
| October 2026 | 879.64 | 676.65 |
| November 2026 | 901.64 | 693.57 |
| December 2026 | 924.18 | 710.90 |
In 2026, SAL Automotive’s share price is anticipated to continue its upward trajectory, with projections ranging from a minimum of ₹594.78 in January to a maximum of ₹924.18 in December, indicating sustained growth potential throughout the year.
| When | Maximum Price | Minimum Price |
| January 2027 | 942.66 | 725.12 |
| February 2027 | 966.83 | 743.72 |
| March 2027 | 1,004.54 | 772.72 |
| April 2027 | 984.84 | 757.57 |
| May 2027 | 956.16 | 735.50 |
| June 2027 | 999.18 | 768.60 |
| July 2027 | 979.59 | 753.53 |
| August 2027 | 1,009.89 | 776.84 |
| September 2027 | 1,045.23 | 804.03 |
| October 2027 | 1,072.41 | 824.93 |
| November 2027 | 1,099.22 | 845.55 |
| December 2027 | 1,126.70 | 866.69 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,149.23 | 884.03 |
| February 2028 | 1,178.70 | 906.69 |
| March 2028 | 1,224.67 | 942.05 |
| April 2028 | 1,200.66 | 923.58 |
| May 2028 | 1,165.69 | 896.68 |
| June 2028 | 1,218.14 | 937.03 |
| July 2028 | 1,194.26 | 918.66 |
| August 2028 | 1,231.19 | 947.07 |
| September 2028 | 1,274.29 | 980.22 |
| October 2028 | 1,307.42 | 1,005.71 |
| November 2028 | 1,340.10 | 1,030.85 |
| December 2028 | 1,373.61 | 1,056.62 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,401.08 | 1,077.75 |
| February 2029 | 1,437.00 | 1,105.39 |
| March 2029 | 1,493.05 | 1,148.50 |
| April 2029 | 1,463.77 | 1,125.98 |
| May 2029 | 1,421.14 | 1,093.18 |
| June 2029 | 1,485.09 | 1,142.37 |
| July 2029 | 1,455.97 | 1,119.98 |
| August 2029 | 1,501.00 | 1,154.61 |
| September 2029 | 1,553.53 | 1,195.03 |
| October 2029 | 1,593.92 | 1,226.10 |
| November 2029 | 1,633.77 | 1,256.75 |
| December 2029 | 1,674.62 | 1,288.17 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,708.11 | 1,313.93 |
| February 2030 | 1,751.91 | 1,347.62 |
| March 2030 | 1,820.23 | 1,400.18 |
| April 2030 | 1,784.54 | 1,372.72 |
| May 2030 | 1,732.56 | 1,332.74 |
| June 2030 | 1,810.53 | 1,392.71 |
| July 2030 | 1,775.03 | 1,365.41 |
| August 2030 | 1,829.93 | 1,407.64 |
| September 2030 | 1,893.97 | 1,456.90 |
| October 2030 | 1,943.22 | 1,494.78 |
| November 2030 | 1,991.80 | 1,532.15 |
| December 2030 | 2,041.59 | 1,570.46 |
In 2030, SAL Automotive’s stock prices are expected to fluctuate significantly. Starting in January, the prices are projected to range between ₹1,708.11 and ₹1,313.93, gradually increasing to a maximum of ₹2,041.59 and a minimum of ₹1,570.46 by December.
Financial Condition of SAL Automotive: Last 5 years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 85 | 95 | 151 | 304 | 308 |
| Expenses + | 86 | 93 | 152 | 293 | 295 |
| Operating Profit | -1 | 2 | -1 | 10 | 13 |
| OPM % | -1% | 2% | -1% | 3% | 4% |
| Other Income + | 4 | 1 | 2 | 2 | 1 |
| Interest | 0 | 1 | 1 | 3 | 3 |
| Depreciation | 1 | 2 | 2 | 3 | 4 |
| Profit before tax | 2 | 1 | -3 | 6 | 7 |
| Tax % | 32% | 1% | 22% | 24% | 25% |
| Net Profit + | 1 | 1 | -2 | 5 | 5 |
| EPS in Rs | 5.21 | 3.5 | -9.72 | 19.6 | 21.27 |
| Dividend Payout % | 67% | 100% | 0% | 20% | 21% |
From March 2020 to March 2024, SAL Automotive’s financial performance showcased both challenges and improvements. Sales increased significantly from ₹85 crores in March 2020 to ₹308 crores in March 2024, indicating robust growth. Correspondingly, expenses also rose, from ₹86 crores to ₹295 crores, but the company managed to maintain a positive trend in its operating profit, which improved from a loss of ₹1 crore to a profit of ₹13 crores over the same period.
The Operating Profit Margin (OPM) improved from -1% in March 2020 to 4% in March 2024, reflecting better cost management and operational efficiency. Other income fluctuated slightly, peaking at ₹4 crores in March 2020 and settling at ₹1 crore by March 2024. Interest expenses and depreciation both saw increases, with interest rising from ₹0 crores to ₹3 crores, and depreciation from ₹1 crore to ₹4 crores.
Profit before tax demonstrated a notable recovery, moving from ₹2 crores in March 2020 to ₹7 crores in March 2024, despite the variability in tax rates, which ranged from 1% to 32%. Net profit followed a similar trajectory, climbing from ₹1 crore to ₹5 crores, even after experiencing a loss of ₹2 crores in March 2022.
Earnings per share (EPS) improved from ₹5.21 in March 2020 to ₹21.27 in March 2024, indicating enhanced profitability and shareholder value. Dividend payout percentage varied significantly, with a high of 100% in March 2021 and a more conservative 21% in March 2024, reflecting a balanced approach to rewarding shareholders and retaining earnings for future growth.
Overall, SAL Automotive’s financials from March 2020 to March 2024 highlight a journey of growth, operational improvements, and increased profitability.
FAQS
What has been the company’s financial performance in the last five years?
The company has shown a mix of positive and negative growth in the last five years. While the revenue growth has been volatile, the PAT has shown consistent growth.
Based on the historical data and growth projections, the target share price for Sal Automotive is expected to be between ₹466.44 and ₹2,041.59 by 2030.
It is difficult to predict whether the company can reach a share price of ₹1,000 by 2025 as it depends on various factors such as market conditions, financial performance, and overall demand for the company’s products.
Factors such as global economic conditions, changes in government policies, competition, and technological advancements could impact the share price of the company.
Is Sal Automotive Ltd a good investment option?
Investing in Sal Automotive Ltd depends on individual risk appetite and investment goals. It is advisable to conduct thorough research and analysis before making any investment decisions.
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Conclusion
SAL Automotive has had a mixed record over the past five years, as seen by its financial statements show revenue growth of 32.3% and profit growth of -168.7%. Potential investors may be concerned given the company’s PAT’s recent volatility. The share price has been rising steadily in recent years, with a 2025 maximum price forecast of 750.70.
Additionally, the company’s dividend distribution has continuously exceeded 30% over time. Given these elements, purchasing SAL Automotive shares may be a wise decision for investors looking for long-term gains. Before making any investment decisions, investors should do extensive research on the company’s prospects and the market environment.
What did we learn?
- 1 How to purchase SAL Automotive Ltd shares?
- 2 SAL Automotive Share Price Prediction: 2024 to 2030
- 3 Financial Condition of SAL Automotive: Last 5 years
- 4 FAQS
- 4.1 What has been the company’s financial performance in the last five years?
- 4.2 What is the target share price for Sal Automotive in 2024-2030?
- 4.3 Can the company reach a share price of ₹1,000 by 2025?
- 4.4 What are the factors that could impact the share price of Sal Automotive?
- 4.5 Is Sal Automotive Ltd a good investment option?
- 5 Conclusion
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