Manali Petrochemical Share Price Target 2024, 2025, 2030

Manali Petrochemical Share Price Target 2024, 2025, 2030: Hello, and welcome back. Today, we will explore Manali Petrochemicals’ limited share price target and examine its activities and the products it manufactures. Additionally, we will conduct fundamental and technical analysis on this stock to understand where its future lies over time.

Manali Petrochemicals: A Leading Petrochemical Pioneer

Company NameManali Petrochemicals Ltd.
Share NameMANALIPETC
BSE share code500268
SectorChemicals
HeadquartersChennai (Madras)
Foundation1986
Key PersonAshwin C Muthiah (Chairman)
Market Cap1,358 Crores INR
52 Week HighRs 84.70
52 Week LowRs 56.70
Official WebsiteManali Petro Website

Manali Petrochemicals Limited (MPL) is a petrochemical company developing innovative products, since 1986.

Manali Petrochemicals Limited produces materials used in industry, such as propylene oxide (PO), propylene glycol (PG), and various polyols (PY) for use by various industries, such as furniture cushioning. 

Their polyols can also be used for shoe soles and rigid materials used by home appliances and paint or scent production. 

Furthermore, Manali produces Propylene Glycol Mono Methyl Ether, which can be found in both paint and electronics production. 

AMCHEM and Notedome (subsidiaries of MPL) are two specialty chemical companies within their portfolio in both Indian and UK markets that produce specialty chemicals like these materials to meet industry demand for specialty purposes.


Shareholding of Manali Petro

Shareholding byShareholding %
Promoters44.86
Public54.24
FII0.81
DII0.07
Others0.02


Manali Petrochemicals share price target

Manali Petrochemicals share price target
Manali Petrochemicals share price Target1st target (INR)2nd target (INR)
Manali Petrochemicals share price Target 202495.3098.48
Manali Petrochemicals share price Target 2025110.88117.67
Manali Petrochemicals share price Target 2030245.72280.36

Manali Petrochemical Share Price Target 2024

In the past year, MPL’s revenue dropped significantly by 28.68%, ending at 1205.15 Crores. This was a notable decline compared to the average growth of 16.95% in its industry.

The quarterly net profit for Manali Petrochemicals also took a hit, decreasing by 7.06% compared to last year, landing at 10.86 Crores.

MPL’s quarterly revenue saw a decline of 5.48%, to 278.52 Crores, in a market where the average revenue decrease was 9.66%

However, the company has a Debt-to-Equity Ratio of 0.01, below 1, indicating a good balance as shareholders’ money and not debt finance more of the company’s operations.

Given the current downturn, it’s unlikely that the stock will climb significantly. We predict Manali Petro share price target of approximately Rs 95.30 by 2024.

Target Year1st Target2nd Target
2024₹95.30₹98.48

Manali Petrochemicals share price target 2025

The outlook for Manali Petro seems dim, as their shares plunged 1.96%, underperforming the sector’s average by a significant 18.22%.

The company’s Return on Equity (ROE) was 4.85% last fiscal year, which was less than 10%, showing the company needs to be using investor money effectively to earn profits.

Yearly net profits at Manali Petrochemicals also decreased, falling by 86% to 50.67 Crores, in a sector where the average profit growth was just 4%.

On the positives side, Its Interest Coverage Ratio stands at 11, surpassing the number 1.5, showing that the company earns enough to cover its interest expenses easily. Additionally, the company’s promoters have yet to pledge any of their shares, with pledges standing at zero.

Projected figures suggest Manali Petrochemicals Limited’s share price target could hit Rs 110.88 by 2025.

Target Year1st Target2nd Target
2025₹110.88₹117.67

Manali Petrochemicals share price target 2030

If we talk about Earnings Per Share (EPS) for Manali Petro, it dipped to Rs 0.63 in September 2023, down from Rs 0.68 at the same time the previous year. 

FII’s holding in Sep 2022 was 2.24%, down to only 0.81%, which is a concern.

Manali Petrochemicals’ Mutual Fund Holdings have increased by only 0.04% compared to the previous quarter, reaching a current level of 0.07%. However, experts predict that the company’s share price will reach a target of Rs 245.72 by the end of 2030.

Target Year1st Target2nd Target
2030₹245.72₹280.36

Also Read: Gold Line Share Price Target

  • The stock is on a roll, consistently above its average prices whether you look at short-, medium-, or long-term moving averages.
  • A steady climb in net profits and profit margins has been seen every three months.
  • This company is not drowning in debt and has shown a pattern of increasing earnings for two consecutive quarters.
  • The value of each share has been on the rise for two years, and there are zero promoters’ pledges.
  •  The share price is almost at its yearly peak, having jumped over 20% in just a month.
  • Revenue and profits have declined over time.
  • Quarterly net profit and margin have both seen decreases.
  • Revenues have also seen an overall decrease over the course of two quarters.
  • The net cash flow for this company is negative, which indicates the company is having difficulty raising enough capital.
  • Over the past twelve months, net profit has decreased substantially.
  • Furthermore, quarterly revenue and net profit have both decreased from last year.
  • More recently, operating profit margins and net profits have experienced year-over-year decreases.
  • RSI Indicates Price Strength
  • None

Also Read: Mazagon Dock Share Price Target


Unravelling MPL’s Product Portfolio: A Blend of Science and Daily Life

Propylene Oxide: Propylene Oxide is not just a compound; it’s the cornerstone for creating products that add comfort and convenience to our lives. From the foam that cushions our couches to the insulation that keeps our homes energy efficient, Propylene Oxide plays a pivotal role. Moreover, it’s key in manufacturing detergents and brake fluids, showing the versatile applications of MPL’s products.

Propylene Glycols: Here’s a product you’ve probably encountered without realizing it. In everything from pharmaceutical formulations to food products, Propylene glycol, as a preservative, also keeps your cosmetics stable and ensures that ice cream maintains that creamy texture we all love.

Polyols: These are the unsung heroes behind the soft embrace of your mattress and the ergonomic support in your office chair. Polyols combine with other chemicals to create polyurethanes, contributing to the comfort and durability of furnishings and automotive seats.

Every product MPL manufactures finds its place in various industries – automotive, pharmaceuticals, construction, personal care, and so on. It’s a testament to how Manali Petrochemicals’ innovations touch aspects of life ranging from the mundane to the critical, showing the invisible threads that link the petrochemical sector to the tapestry of daily living.

Manali Petrochemicals’ Subsidiaries and Their Roles

Manali Petrochemicals does not work in isolation. It’s part of a larger group of companies that amplify its impact across sectors and geographies.

One notable subsidiary is AMCHEM Speciality Chemicals Pvt. Ltd, specializing in the customization of polyol blends tailored to consumer needs. Another, TPR (India) Limited, focuses on the niche arena of rubber chemicals, further expanding the company’s chemical repertoire.

Manali Petrochemical Limited continues to progress and stay innovative by leveraging the synergy between its various products and subsidiaries. This allows the company to effectively cater to a continuously evolving market.

Whether it’s in creating products that provide everyday comfort or specialized applications that drive industries forward, MPL’s journey is punctuated by a commitment to quality, versatility, and global reach.

Disclaimer: Dear Readers, please be aware that we are not associated with SEBI (Securities and Exchange Board of India). The information found on this site should only be considered educational and should not be seen as financial advice or stock recommendations. Share price predictions should only be taken as an estimate and considered valid when there are positive market signals present; any uncertainty concerning either your company or market status won't be taken into consideration in this study. Though our informational site serves educational purposes, we cannot be held liable for any financial losses you might experience as a result of using it. Instead, it serves only to keep you up to date about the stock market and financial products so you can make better investment choices - please do your own research prior to any investment decisions being made by yourself or through third parties.

 

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