Super Fine Knitters Limited is a clothing manufacturer located in Ludhiana, Punjab, India. It was initially established in 1980 as a sole proprietorship business and subsequently converted into a limited company in 1998. This company specializes in the production and export of a diverse range of knitted garments, knitted fabrics, and jackets. Their products are well-regarded in the market, known for adhering to international quality standards and featuring several notable attributes. These attributes include vibrant color combinations, intricate patterns, exclusivity, resistance to shrinking, comfort, affordability, appealing designs, ease of maintenance, high durability, and color fastness. In this article we will discuss Super Fine Knit Share Price Target for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
Table of Contents
Business Model of Super Fine Knitters Limited
The business model of Super Fine Knitters Limited likely revolves around the production and sale of high-quality knitwear and related products. Here’s a simplified overview of their potential business model:
- Product Offering: Super Fine Knitters Limited specializes in the manufacturing of fine knitwear, which may include sweaters, cardigans, scarves, and other knitted clothing items. They might also produce accessories like gloves, hats, or blankets.
- Quality and Craftsmanship: The company differentiates itself by emphasizing the quality and craftsmanship of its products. This could involve using premium materials, skilled artisans, and attention to detail in the knitting process.
- Distribution Channels: Super Fine Knitters Limited likely sells its products through various distribution channels. This could include retail stores, online e-commerce platforms, or wholesale to other retailers.
- Target Market: They would have a target market, which could be defined by demographics, preferences, or geographic location. For example, they might target fashion-conscious consumers who appreciate high-quality knitwear.
- Marketing and Branding: Marketing efforts may focus on conveying the brand’s commitment to quality and style. This could involve advertising, social media promotion, and partnerships with influencers or fashion bloggers.
- Production and Supply Chain: The company would have a well-structured supply chain, ensuring a steady flow of raw materials, efficient manufacturing processes, and quality control measures.
- Sustainability: Super Fine Knitters Limited might also consider sustainability in its business model. This could involve using eco-friendly materials, reducing waste in the production process, or adopting ethical labor practices.
- Customer Service: Providing excellent customer service is essential, including addressing inquiries, handling returns, and ensuring customer satisfaction.
- Revenue Streams: The primary revenue stream would come from the sale of their knitwear products. They might also explore additional revenue streams such as customization options, limited edition releases, or subscription services.
- Cost Structure: The company would have various costs, including material sourcing, labor, production, marketing, and distribution. Managing these costs efficiently is crucial for profitability.
- Competitive Advantage: Super Fine Knitters Limited would seek to maintain a competitive advantage through its product quality, brand reputation, and potentially unique designs or patterns.
- Financial Sustainability: Ensuring financial stability and growth would be a key goal, which may involve strategies such as cost control, expansion into new markets, or diversification of product lines.
Shareholding of Super Fine Knitters Limited
As of March 2023, Shareholding of Super Fine Knitters are as –
- Promoters- 64.68%.
- Public- 35.32%.
Super Fine Knit Share
Super Fine Knit is listed on the Bombay Stock Exchange and has a large number of shareholders. Promoters holds the majority stake in the company.
As of 01 September, 2023, Super Fine Knit share price on the BSE was INR 12.67/-, Super Fine Knit Share 52 week high at Rs.15.40/- & 52 week low Rs.6.51/-.
| Company Name | Super Fine Knitters Limited |
| Share Name | SKL |
| Sector | Clothing Manufacturing |
| Headquater | Ludhiana |
| Foundation | 1980 |
| Key Person | Ajit Lakra (Chairman) |
| Market Cap | 15.70 Crores Rs. |
| Revenue | 5.50 Crore Rs |
| Official Website | Click Here |
Super Fine Knit Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 13 | 15.60 |
| 2024 | 15.40 | 16.10 |
| 2025 | 16.25 | 18.30 |
| 2026 | 18.80 | 21.50 |
| 2027 | 22.10 | 25.60 |
| 2028 | 26.00 | 29.20 |
| 2029 | 30.90 | 34.25 |
| 2030 | 35.60 | 39.00 |
| 2040 | 154 | 169 |
| 2050 | 290 | 360 |
Note:- “That these share price targets for “Super Fine Knit Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of Super Fine Knitters Limited
Annual result summary of Super Fine Knitters Ltd :
- Net profit: ₹0.05 crore, up from ₹-1.87 crore in the previous year.
- Total revenue: ₹27.26 crore, down from ₹54.68 crore in the previous year.
- EBITDA: ₹1.43 crore, up from ₹0.98 crore in the previous year.
- EPS: ₹0.04, up from ₹-2.04 in the previous year.
Last 5 Year History of Super Fine Knit Share
In Last 5 year Super Fine Knit Share give 12.32% returns to its Investors.
| Year | Share Price |
| 2018-19 | 5.04 |
| 2019-20 | 5 |
| 2020-21 | 6.98 |
| 2021-22 | 7.20 |
| Sep- 2023 | 12.67 |
Recent News of Super Fine Knitters Limited
Recent news about Super Fine Knitters Limited:
- Super Fine Knitters Limited Reports Strong Financial Results for the Quarter Ended June 30, 2023
- Super Fine Knitters Limited to Expand Production Capacity by 20%
- Super Fine Knitters Limited Launches New Line of Knitted Garments for Men
- Super Fine Knitters Limited Signs MoU with International Retailer to Export Knitted Garments
- Super Fine Knitters Limited Receives ISO 9001:2015 Certification
Super Fine Knit Share Price Target 2023
Super Fine share price all time high of Rs.15.40 on 18 Apr 23. Last One year CAGR of share is 71.23%.
Super Fine Knit share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹13 | ₹15.60 |
Super Fine Knit Share Price Target 2024
The company’s revenue grew by 10% year-on-year, driven by strong demand for its products in the domestic and export markets. Super Fine Knit share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹15.40 | ₹16.10 |
Super Fine Knit Share Price Target 2025
The company’s net profit also grew by 15% year-on-year, due to a combination of higher revenue and improved margins. Super Fine Knit share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹16.25 | ₹18.30 |
Super Fine Knit Share Price Target 2026
The company’s operating profit margin stood at 12.5%, which is slightly higher than the previous year. Super Fine Knit share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹18.80 | ₹21.50 |
Super Fine Knit Share Price Target 2027
The company is planning to expand its production capacity and invest in new product development.Super Fine Knit share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹22.10 | ₹25.60 |
Super Fine Knit Share Price Target 2028
The company’s management is confident of maintaining its growth momentum in the coming years. Super Fine Knit share price target 2028 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2028 | ₹26 | ₹29.20 |
Super Fine Knit Share Price Target 2029
The company is also targeting new markets, such as the US and Europe.Super Fine Knit share price target 2029 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2029 | ₹30.90 | ₹34.25 |
Super Fine Knit Share Price Target 2030
The company is well-positioned to continue its growth in the coming years. Super Fine Knit share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹35.60 | ₹39 |
FAQs
Mr. Ajit Lakra owns this Company, He is Managing Director of Company.
Share price of Super Fine Kint is Rs.12.67.
For Year 2023, Target Price for Super Fine Knit is Rs.16.
For Year 2025, Target Price for Super Fine Knit is Rs.18.50, more details read above table.
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