Posted by team Moneyopedia
Alstone Textiles (India) Ltd (BOM: 539277) is a prominent player in India’s textile industry, known for quality and consistency in yarns, textiles, and apparel. Founded in 1987, Alstone Textiles has grown to serve various sectors, including garments, home furnishings, and technical textiles.
Explore Alstone Textiles’ future share price potential and forecast for 2024, 2025, 2030, 2040, and 2050, and how it may serve as a viable option for investors in the textile industry.
Headquartered in Mumbai, Alstone Textiles has become a well-recognized name in the textile market, leveraging a strategic mix of domestic and international operations. With ongoing expansion and innovation, the company addresses diverse textile demands in clothing, home decor, and specialized applications.
| Metric | Value |
|---|---|
| Minimum Price | ₹0.54 |
| Maximum Price | ₹1.58 |
| Current Price | ₹0.71 |
| Market Capitalization | ₹90.5 Crore |
| Book Value | ₹1.18 |
| Stock P/E Ratio | 12.6 |
| Dividend Yield | 0.00% |
| ROCE | 0.34% |
| ROE | 0.35% |
| Face Value | ₹1.00 |
| Promoter Holding | 5.98% |
Our 2024 forecast for Alstone Textiles ranges between ₹70 and ₹85. This estimate reflects the company’s recovery and anticipated expansion post-COVID-19, along with potential new product launches.
| Year | Predicted Share Price Range |
|---|---|
| 2024 | ₹0.63 – ₹3.63 |
| Month | Minimum Target | Maximum Target |
|---|---|---|
| January | ₹0.63 | ₹0.85 |
| February | ₹0.5 | ₹0.80 |
| March | ₹0.9 | ₹0.92 |
| April | ₹0.6 | ₹0.86 |
| May | ₹0.56 | ₹0.96 |
| June | ₹0.63 | ₹0.99 |
| July | ₹0.78 | ₹1.5 |
| August | ₹0.8 | ₹1.7 |
| September | ₹0.9 | ₹1.9 |
| October | ₹1.1 | ₹1.8 |
| November | ₹1.5 | ₹2.1 |
| December | ₹1.7 | ₹3.6 |
We predict Alstone Textiles’ share price will reach between ₹85 and ₹100 by 2025, influenced by strategic expansion goals and growing textile market demand.
| Year | Predicted Share Price Range |
|---|---|
| 2025 | ₹3.6 – ₹5.60 |
| Month | Minimum Target | Maximum Target |
|---|---|---|
| January | ₹1.8 | ₹2.2 |
| February | ₹1.7 | ₹2.1 |
| March | ₹2.0 | ₹2.4 |
| April | ₹2.2 | ₹2.6 |
| May | ₹2.1 | ₹2.5 |
| June | ₹2.0 | ₹2.5 |
| July | ₹2.3 | ₹2.7 |
| August | ₹2.3 | ₹3.6 |
| September | ₹3.2 | ₹3.6 |
| October | ₹3.5 | ₹4.7 |
| November | ₹3.3 | ₹4.8 |
| December | ₹3.4 | ₹5.6 |
Looking toward 2030, we estimate the share price of Alstone Textiles to range from ₹150 to ₹180, aligning with the company’s growth trajectory in innovation and market expansion.
| Year | Predicted Share Price Range |
|---|---|
| 2030 | ₹12 – ₹18 |
In 2040, Alstone Textiles could achieve a share price between ₹250 and ₹320, driven by global alliances and continued demand in textile markets.
| Year | Predicted Share Price Range |
|---|---|
| 2040 | ₹25 – ₹32 |
By 2050, the share price of Alstone Textiles may fall within ₹400 to ₹500, fueled by population growth, urbanization, and the rise of sustainable textile demand.
| Year | Predicted Share Price Range |
|---|---|
| 2050 | ₹40 – ₹56 |
Alstone Textiles’ financial performance remains solid, with consistent revenue growth and profitability. Below are key financial metrics for FY 2022-2023:
| Metric | Value |
|---|---|
| Revenue | ₹850 crore |
| Profit After Tax | ₹60 crore |
Alstone Textiles (India) Ltd. shows promising growth potential in the textile industry with its diversified product range and strong market position. While the forecast indicates substantial growth, investors should consider both bullish and bearish factors, including regulatory changes and competition. Always conduct thorough research and consult financial advisors before investing.
Q: What products does Alstone Textiles offer? A: Alstone Textiles manufactures and distributes yarns, textiles, and apparel.
Q: What influences Alstone Textiles’ share price target? A: Factors include market growth, new product launches, and expansion into international markets.
Q: How does Alstone’s performance compare within the textile industry? A: Steady revenue growth and profitability position it competitively; however, industry comparisons are advised.
Q: What are positive factors for investing in Alstone Textiles? A: Quality, product diversity, global market reach, and sustainable practices.
Q: What are potential risks for investors? A: Industry competition, economic cycles, regulatory shifts, and price fluctuations in raw materials.
