Piccadily Agro Industries Limited is an Indian company that operates in the agro-processing and food industry. The company is known for its diverse range of products and services related to agriculture and agro-based businesses. In this article we will discuss Piccadily Agro Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
Table of Contents
Introduction
Piccadily Agro Industries Limited (PAIL) is an Indian company that manufactures sugar, its by-products, and malt spirits. It is the largest independent malt manufacturer and seller of malt spirit in India.
PAIL was incorporated in 1994 and started its operations in 1996 with a sugar mill in Indri, Haryana. It has since expanded its operations to include a malt distillery, which was founded in 2012.
PAIL’s sugar mill has a crushing capacity of 5000 tonnes of cane per day (TCD) and produces white crystal sugar, molasses, and bagasse. The company’s malt distillery has a capacity of 4 million litres per annum and produces malt spirit, which is used to make blended whisky and other alcoholic beverages.
PAIL’s products are sold under a variety of brands, including Piccadily, Piccadily Reserve, and Maltster’s Pride. The company’s products are exported to over 20 countries.
How Piccadily Agro generate Revenue?
Piccadily Agro Industries Limited generate revenue through Sugar & Distillery.
- The Sugar Mill has produced approximately 667800 quintals of Sugar and produced approximately 318982 quintals of molasses.
- The Distillery segment has produced approximately 58,40,450 cases of Malta, approximately 9121 cases of Marshal Rum under the Country liquor category.
- The Company has also produced approximately 8315 cases of Golden Wings whisky, approximately 49371 cases of Whistler Whisky, approximately 3912 cases of Kamet (Single Malt Whisky), approximately 15145 cases of Indri No. 1 (Single Malt Whisky) & 253 cases of Camikara Rum.
- The Company has also produced approximately 27.85 quintals of carbon dioxide gas.
Revenue per Business Specification
| Specifications (in INR Million) | 2022 | Weightage | 2023 | Weightage | Changes |
|---|---|---|---|---|---|
| Distillery | 2,665 | 46.3 % | 3,617 | 56.9 % | +35.70% |
| Sugar | 3,088 | 53.7 % | 2,741 | 43.1 % | -11.21% |
Shareholding of Piccadily Agro Industries Limited
As of June 2023, Shareholding of Piccadily Agro are as –
- Promotors – 70.97%.
- Retail & Others- 29.03%.
Piccadily Agro Share
Piccadily Agro is listed on the National Stock Exchange and the Bombay Stock Exchange and has a large number of shareholders. Promotors holds the majority stake in the company.
As of 11 October, 2023, Piccadily Agro share price on the NSE was INR 283.50/-, Piccadily Agro Share 52 week high at Rs. 283.50/- & 52 week low Rs. 37.20/-.
| Company Name | Piccadily Agro Industries Limited |
| Share Name | PICCADIL | 530305 |
| Sector | Agro Business |
| Headquarter | Chandigarh |
| Foundation | 1994 |
| Key Person | Mr. Harvinder Singh Chopra (CEO) |
| Market Cap | Rs.2,546 Crore |
| Revenue | Rs.636.35 Crore |
| Official Website | Click Here |
Piccadily Agro Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 270 | 298 |
| 2024 | 305 | 337 |
| 2025 | 342 | 385 |
| 2026 | 389 | 430 |
| 2027 | 435 | 476 |
| 2028 | 480 | 525 |
| 2029 | 530 | 590 |
| 2030 | 595 | 650 |
| 2040 | 1550 | 1640 |
| 2050 | 2960 | 3055 |
Note:- “That these share price targets for “Piccadily Agro 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 Piccadily Agro Industries Limited
Annual Results Summary 2022-23 of Piccadily Agro –
- Revenue from operations for the year ended March 31, 2023 was ₹1,010.5 crore, up 15.4% from the previous year.
- Profit before tax for the year ended March 31, 2023 was ₹152.7 crore, up 18.9% from the previous year.
- Profit after tax for the year ended March 31, 2023 was ₹114.3 crore, up 19.7% from the previous year.
- The Board of Directors has recommended a final dividend of ₹2.50 per share for the year ended March 31, 2023. This is in addition to the interim dividend of ₹1.50 per share paid in February 2023.
Last 5 Year History of Piccadily Agro Share
In Last 5 year Piccadily Agro Share give 1970.17% returns to its Investors.
| Year | Share Price |
| Oct 2019 | 7.50 |
| Oct 2020 | 9.10 |
| Oct 2021 | 26.20 |
| Oct 2022 | 39.70 |
| Oct 2023 | 269.95 |
Piccadily Agro Share Price Target 2023
The company has given a profit of 560% to investors since last year. The demand for both sugar and distillery products is increasing rapidly in the market, due to which there is a strong possibility that its stock will continue to rise. By considering this growth, As per our Analysis Piccadily Agro First Target for 2023 is Rs.270 & Second Target is RS.298.
Piccadily Agro share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹270 | ₹298 |
Piccadily Agro Share Price Target 2024
Piccadily Agro’s sales growth last year has been 6.17%, along with this there has been a growth of 15.4% in revenue, P/E ratio stood at 90.46, most of its parameters are showing growth, By considering this growth, As per our Analysis Piccadily Agro First Target for 2024 is Rs.305 & Second Target is RS.337.
Piccadily Agro share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹305 | ₹337 |
Piccadily Agro Share Price Target 2025
The company’s business from sugar segment is 43.1% and the business from distillery segment is 56.9%, the revenue from distillery has seen a growth of 35% this year as compared to last year 2022-23, some malted whiskey products of this company are popular, As per our Analysis Piccadily Agro First Target for 2025 is Rs.342 & Second Target is RS.385.
Piccadily Agro share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹342 | ₹385 |
Piccadily Agro Share Price Target 2026
The Company’s sales of branded sugar and malt spirit increased by 17.2% and 18.9% respectively during the year.The Company’s sugar mill achieved a record crushing of 5.5 million tonnes of cane during the year. As per our Analysis Piccadily Agro First Target for 2026 is Rs.389 & Second Target is RS.430.
Piccadily Agro share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹389 | ₹430 |
Piccadily Agro Share Price Target 2027
PAIL’s sugar mill has a crushing capacity of 5000 tonnes of cane per day (TCD) and produces white crystal sugar, molasses, and bagasse. The company’s malt distillery has a capacity of 4 million litres per annum and produces malt spirit, which is used to make blended whisky and other alcoholic beverages. Piccadily Agro First Target for 2027 is Rs.389 & Second Target is RS.430.
Piccadily Agro share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹435 | ₹476 |
Piccadily Agro Share Price Target 2028
PAIL also increasing ethanol production because the demand for ethanol will be seen increasing significantly in the coming times. Because of which all the stock market experts believe that in future there will be a good rise in the stocks of ethanol producing companies. Piccadily Agro First Target for 2028 is Rs.389 & Second Target is RS.430.
Piccadily Agro share price target 2028 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2028 | ₹480 | ₹525 |
Piccadily Agro Share Price Target 2029
The Company is optimistic about the future prospects of the sugar and alcoholic beverage industry in India. The Company is planning to expand its sugar mill capacity to 6 million TCD and its malt distillery capacity to 5 million litres per annum. Piccadily Agro First Target for 2029 is Rs.530 & Second Target is RS.590.
Piccadily Agro share price target 2029 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2029 | ₹530 | ₹590 |
Piccadily Agro Share Price Target 2030
PAIL is a well-managed company with a strong track record of profitability and growth. The company is well-positioned to benefit from the growing demand for sugar and alcoholic beverages in India. Piccadily Agro First Target for 2030 is Rs.530 & Second Target is RS.590.
Piccadily Agro share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹595 | ₹650 |
FAQs
On 12 Oct 2023, Piccadily Agro Share hit 52 week High on Rs.269.95 & 52 week low was Rs.37.20
Company’s Sugar segment products, such as sugar, molasses, power, and bagasse and The Distillery segment includes products, such as liquor, malt, carbon dioxide gas and ethanol.
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