Xpro India share price target 2025, 2030

Xpro India share price target 2025, 2030: Hello friends, welcome to our website. Hope you are doing fine!.

Today we are going to talk about Xpro India Limited. If I tell you that this company deserves monopoly in its sector, then many of you might not believe me. We will talk about that and the fundamentals of the company along with the past performance.

Apart from this, we will also talk about the kind of targets we can expect from Xpro India by 2025 and 2030. 

If you are invested in this company or are thinking of earning a good return by investing, then this post is going to be very informative for you.

Xpro India Limited overview

Xpro India Ltd was established as an Indian company in 1998 as an individual entity and with multiple divisions spread out around India, marking 26 years in the polymer processing industry. 

Their product offering comprises Biaxially Oriented Polypropylene Films (BOPP), Coex Cast films, Coex sheets and Dielectric films in addition to thermoformed Liners as part of their service offering.

Xpro India operates three primary segments; Biax films, Coex films and Cylinders. Biax specializes in producing high quality barrier and shrink shrink film to be used on vessels while clear shrink shrink films with enhanced transparency capabilities are produced specifically to be used as shrink wrapping film applications.

Biax Film Business of Xpro India manufactures barrier and clarity shrink shrink film products to satisfy customer demands in this sector. Coex Films Division specialises in coextruded films for packaging applications while Cylinders division produces CNG/industrial gas cylinders – leading the market as market leaders in both these areas.

Xpro India share price target 2025, 2030

Xpro India share price target table

In this article, we will analyse Xpro India’s revenue, net profit, ratios, and other financials to conclude what will be the Xpro India share price target for 2025 to 2030.

If you do not want to go through our research and stock analysis, then you can refer to the table below for Xpro India share price targets.

Xpro India share price target 2025

Xpro is the only manufacturer of Dielectric films in India. The company has developed the Dielectric film technology and constantly keeps updating it.

India is emerging as a hub for refrigerator manufacturing due increasing localization levels. Over the years Xpro India has evolved into the dominant player, well respected and high in supplies to the Indian Refrigerator industry.

Biax’s technical expertise combined with excellent in-house R&D facilities have resulted in the successful creation of specialty films for industrial applications.

This constant technological improvement has kept Xpro India ahead of its competition and thanks to the timely innovations the Xpro India share price target will reach Rs 2125 by the end of 2025.

Xpro India has future plans to increase its manufacturing capacity by adding two new manufacturing units for biaxially oriented polypropylene film. The company is trying to double the manufacturing capacity of the Barjora facility in the first phase.

In the second phase Xpro India will possibly add another unit at Barjora or some other location in West Bengal. This process will take 2-4 years. 

Xpro India is trying to maintain its leadership in manufacturing dielectric film products.

Considering the future plans of the company the Xpro India share price target is going to be Rs 4237 in 2030.

Also read: Orient Green Power share price target

Diving deep into the business model of Xpro India

First of all, let us tell you what the company basically does? So the company basically deals in manufacturing and supplying plastic products. If we talk about the type of plastic products this company manufactures, you must have seen white plastic areas inside the refrigerators. Xpro India supplies those white plastic parts to all the refrigerator manufacturers in India. 

Apart from this, whatever plastic is used in the car, a special type of plastic that is used in the tyres, all of those are also supplied by Xpro India Limited. This company is the leading brand in the refrigerator segment and tire segment at present.

Xpro has been serving all these companies for the last several years. Now let’s talk about which companies Xpro India is serving? Top companies like Whirlpool, Pooja, Apollo, ABVP, Godrej, LG, Voltas, some big brands are the customers of Xpro India.

If you look at tyres, big names like Ceat Tyres, JK tyres are the customers of this company.

So you can say that the company has had a long-term relationship with these brands. Keeping this in view, if we look at their last one year returns, it has proved to be a multibagger company with almost 130% returns.

Analysis of some important financial ratios of Xpro India

Talking about some important ratios, you will be able to see here the market cap is Rs 2,533 crores. Xpro India’s PE ratio is 70.9. If we compare it with the PE of the industry which is running at 32.1, then you can say that this stock is overvalued at the moment and may not attract future investors. 

In terms of the ROCE for the business, it’s 28.4% and ROE is 26.6 % which shows that the company is using the capital well and giving good returns on equity. 

In addition if we consider the OPM percentage of this business, you’re getting an average of 14%, which is impressive when compared to industry. When we look at the company’s debt it is around 31.3 crore rupees.

Talking about the Debt-to-Equity ratio of the company, it is seen at 0.09% which is minimal. Generally Debt-to-Equity ratio below one is considered good.

If we talk about dividend yield, it is very low at only 0.17% which will not appeal to the income centric investors.

The sales generated by the company per annum is approximately Rs 400 crores and the free cash flow of the company is Rs 83 crores. With this cash flow the company can also manage its debt easily.

The sales and profit growth are in negatives at -16.3 % and -50.5 % respectively which could be a point of concern for many.

So to conclude the financials or Xpro India Limited, the company has a good market cap, and good returns but the negative sales and profit growth is a point of concern and the company needs to cut down the expenses and taxes to raise the figures.

Also Read: Ami Organics share price target

Shareholding pattern of Xpro India Limited

The shareholding of Xpro India has changed over the years. The promoters share from March 2016 to March 2023 has been consistent at around 50%. However, in December 2023 the promoter’s stake dropped to 45.26% which is not much of a worry.

Talking about the Foreign Institutional Investors (FIIs), in March 2022 they held only 0.62% of the company, which has increased dramatically to 12.04% by December 2023. The Domestic Institutional Investors share decreased slightly from 0.70% to 0.52% in December 2023.

The public shareholding has also dropped from 50% in March 2022 to 42.13% in December 2023 which is probably taken by FIIs. The government share is also very low at only 0.04%. 

The number of shareholders has been falling at a constant pace since March 2016 from 38,761 to 29179 in December 2023. This may suggest some consolidation of share ownership.

Profit and loss of Xpro India Limited 

Let us examine Xpro India’s profit and loss trend since March 2019 as sales increased from Rs 345 crores in March 2023 up to 509 crores by March 2024, showing their products are popular and they have won new customers.

As expenses have grown since March 2019, they have also seen an upsurge from Rs 318 crores to Rs 434 crores by March 2023; on the upside however, annual operating profit has skyrocketed from Rs 27 crores to 74 crores within 5 years.

As far as net profit goes, Xpro India has experienced an enormous leap. While in March 2019 they only recorded Rs 2 crore net profit and zero in March 2020; since 2023 their profits have jumped through the roof making Rs 45 crore net profit total in 2022-2023!.

The positive aspect for the income centric investors is that the dividend payout which was zero in 2019, 2020 and 2021 has gone up to 5% and 8% for March 2022 and March 2023 respectively..

Conclusion

To conclude, Xpro India Limited is a market leader in plastic goods. Its future is bright and with the plan of starting more manufacturing units, its growth should be faster than ever. We suggest that this is a good stock to have in your portfolio.

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