Evexia Lifecare Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Evexia Lifecare Businesses, Future Plans, Fundamentals, Financial and more
In today’s blog, we are going to talk about Evexia Lifecare Limited, which works in the Foods Products segment. By the way, it is a penny stock whose price is currently trading around Rs.2. And its fundamentals are also not good and the financial condition is also getting worse gradually.
This is how it comes to whether it would be right to invest in Evexia Lifecare Shares now or not? Or if you have invested in it, then when to sell, we will know everything in detail in this article. So stay tuned till the end of this blog.
Hey friends, I am Sachin an author of wasteorinvest. By this blog, we will try to cover many things about Evexia Lifecare such as its fundamentals, financial trends it’s businesses and after that we will try to predict Evexia Lifecare Share Price Target. But yes, if you understand the company well then you can decide for yourself whether to invest in it or not, so let’s get started.
About Evexia Lifecare
Evexia Lifecare Limited was incorporated in 1990 by Dinesh B Thakkar, Satish V Shah. This is the food products sector’s company providing various products to its customers. Currently this company’s stock is listed in BSE which is currently a penny stock.
Evexia Lifecare is mainly engaged in the trading of pharma chemicals and manufactures various petrochemical downstream products, such as special chemicals, special oils, petroleum sulphates and solvents for industrial applications, such as ink, rubber, leather and paint industries.
The products of Evexia Lifecare include plastic granule, chemicals, edible oil, pharma intermediates and gold and diamond. They are focuses to expand its line of business in software development, Web development for overseas clients, trading in gold and entertainment segment. (Source: Groww.com)
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Evexia Lifecare Fundamentals
|Market Cap||₹189 Cr|
|Debt To Equity||0.12|
Evexia Lifecare Financial Trends
If we talk about the Revenue and Profit of Evexia Lifecare then –
Its revenue in 2019 has been ₹ 105 Cr and profit is ₹ 1.56 Cr. There was a revenue of ₹ 100 Cr in 2020 and a profit of ₹ 3.47 Cr. In the same 2021, there was a profit of ₹ 1.28 crore with a revenue of ₹ 107 Cr. And this year i.e. in 2022 there has been a profit of ₹ 0.86 Cr with a revenue of ₹ 75.51 Cr.
Evexia Lifecare Share Price Target 2023, 2024, 2025, 2026, 2030 Table
|Target||Evexia Lifecare Share Price Target|
Evexia Lifecare Share Price Target 2025 and 2030
The condition of the company is still very bad, so investors are shying away from investing in it. The company is doing low trade with its 52 wax and its price is falling further. If this continues, then we will see less growth potential in it.
By the way, Evexia Lifecare Share Price Target 2025 can be of ₹3. And if the company is able to grow its business well, then the highest price of 3.2 can be seen.
And Evexia Lifecare Share Price Target 2030 can be ₹8 and highest price can be seen is ₹10. By the way, investing in it can be very risky because the first reason is that it is a penny stock and secondly, its fundamentals and financial conditions are not sound at all. From which we are now going to understand in detail.
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Is it good to invest now in Evexia Lifecare?
Nope, If we look at its financials, it is continuously falling since 2020. Even this has resulted in less profit in 2022 as compared to 2021. At the same time, its revenue has also seen a huge decline, due to which the price of its stock is falling. Its fundamentals are as bad as its financials.
The company has an EPS of 0 which is negligible and ROE of 1% which is considered very low. Same, its P/E ratio is very high of 352 comparing to its price. And yes, this company has a debt of around ₹10 crores which is fine comparing to it’s equity. But promoters has decreased their shareholding from 43% in September quarter 2021 to 13% in September quarter 2022. And the holding of such promoters is declining does not give a good sign because if the promoters of the company do not believe in it then why should the retail investors.
For more details watch this video –
So keeping all these things in mind, we can conclude that investing in it is risky at the moment. If Evexia Lifecare Limited is able to manage its fundamentals, financials and businesses well then we can think of investing in it. But there is nothing like that right now so we would prefer to stay away from it.
What do you think friends would be right to invest in it? Please tell your opinion in the comment below. If you are investing in this share only while looking Evexia Lifecare Share Price Target, then do not do this so, because target price depends one various factors which changes time to time. So our opinion always will be that one’s do research by yourself and invest. And yes, do not invest your money by taking loan.
That’s all in this article, we have tried to understand and predict Evexia Lifecare Share Price Target 2023, 2024, 2025, 2026, 2030 very well. If you feel that we have missed something or we need to improve a little more in this, then you can tell by commenting. Because each of your helpful comments helps us in giving good content to the readers like you. Thankyou…
Is Evexia Lifecare is Debt free company?
No, Evexia Lifecare has a debt of ₹9.87 Cr.
What will be the share price of Evexia Lifecare in 2025?
After doing lots of analysis about this stocks, share price of Evexia Lifecare in 2025 can be around ₹3 – ₹3.2.
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DISCLAIMER – Stock Market Investment are subject to market risks, read all scheme related documents carefully before investing.