KM Sugar Mills Ltd Share Price Target 2022, 2023, 2024, 2025, And 2030

Do you want to know what is share price target of KM Sugar Mills for 2022, 2023, 2024, 2025, and 2030? then you are reading the best article about it.

After reading this article you never need to search again on google about the future prediction of KM Sugar Mills and its analysis. I have 5 years of experience in the share market. I am sure that this article is very helpful for you. Let’s start without wasting more time.

KM Sugar Mills Share Analysis

Friends, in this section of the article we are going to do a complete detailed analysis of KM Sugar Mills Ltd. We are going to have this complete article about the product of KM Sugar Mills Ltd regarding its annual and quarterly results and by doing technical analysis in it, in the context of predicting its future target.

KM Sugar Mills Product Analysis

Product: Friends, first of all, what product does KM Sugar Mills Ltd make? Let’s discuss this topic. For this, when we go to the official website of KM Sugar Mills Ltd and come to the product section, what product does KM Sugar Mills Ltd make? It is visible.

You see that KM Sugar Mills Ltd manufactures 5 types of products, in which 1. Sugar 2. Distillery 3. Clean Power 4. Bio-Manure 5. Moti Sanitizer

Note: Now as it seems from the name of KM Sugar Mills Ltd that it is only a sugar manufacturing company, then friends it is not like that at all. This company makes four other important products along with sugar. If seen on the basis of the product, then this company can perform very well in the coming time.

KM Sugar Mills Ltd Quarterly Result Analysis

According to ticker.finology.in, in the first quarter of 2021 (Q1FY21), the company made a sale of 170.45 crores, in which it made a profit of 13.98 crores after paying tax. Similarly, in the second quarter of 2021 (Q2FY21), the company made a sale of 201.90 crores, in which the company made a profit of 13.23 crore after paying tax.

After this, in the third quarter of 2021 (Q3FY21), the company sold 70.12 crores, in which the company made a profit of 7.42 crores. After that, if seen, in the fourth quarter of 2021 (Q4FY21), the company sold 105.87 crores, in which the company made a profit of 6.84 crores. 

After that, in the first quarter (Q1FY22) of 2022, the company performed better than before and sold 136.99 crores, in which the company got a profit of 3.38 crores after paying tax.

KM Sugar Mills Ltd Annual Result Analysis

Friends, if we talk about the company’s annual report, according to ticker.finology.in, the company sold 352.87 crores in 2016 (FY16), in which the company made a profit of 11.69 crores. In the following year March 2017 (FY17), the company did a business of 336.19 crores, in which the company made a profit of 37.11 crores.

In the next year 2018 (FY18), the company did a business of 462.77 crores, in which the company made a profit of 18.87 crores. After this, in the year 2019 (FY19), the company earned a profit of 24.25 crores, doing a business of 390.05 crores.

In FY20 (Year 2020), the company performed even better, doing a business of 531.35 crores, and in that the company made a profit of 18.43 crores.

In the upcoming year FY21 (Year 2021), the company has made net sales of around 502.73 crores, where it has earned a benefit of 26.24 crores.

KM Sugar Mills Ltd Share Price Target/Prediction/Forecast

Now, we considered the predicted possible future targets of KM Sugar Mills Ltd on the basis of the live price chart which is more chance to achieve. The predicted targets are given below.

KM Sugar Mills Ltd Share Price Target 2022

If we analyze the target for 2022 in KM Sugar Mills Ltd then the nearest resistance to the current price is ₹58 level. That can be considered the target for 2022.

KM Sugar Mills Ltd Share Price Target 2023

For 2023, the target level at KM Sugar Mills Ltd is labeled ₹91 just above the 2022 target level. Which is likely to be achieved by 2023.

KM Sugar Mills Ltd Share Price Target 2024

If we predict the target for 2024 in KM Sugar Mills Ltd, then the level of ₹124 for 2024 appears in front of nickel.

KM Sugar Mills Ltd Share Price Target 2025

Now we are going to talk about predicting the target level of the stock for 2025. For 2025, if we talk about the target of KM Sugar Mills Ltd share, then the level of ₹160 is in front of nickel which will be seen to be achieved by 2025.

KM Sugar Mills Ltd Share Price Target 2030

Friends, investing in stock till 2030 is a sign of a very patient-full investor. If you stay invested in KM Sugar Mills Ltd till 2030 and keep tracking the Annual and Quarterly results of KM Sugar Mills Ltd every year then after all things good then by 2030 KM Sugar Mills Ltd will see a level of ₹231. could.

YearTarget For 
KM Sugar Mills Ltd
2022Rs.58
2023Rs.91
2024Rs.124
2025Rs.160
2030Rs.231

Conclusion

In this post, you learned in detail about KM Sugar Mills Ltd’s Product, Technical Analysis, Quarterly, Annual Results, and Target, and if I tell my opinion about KM Sugar Mills Ltd then the way the company is performing now. I will hold my invested shares.

As long as this company is performing fundamentally well but there is no chance to buy it right now I will need a breakout of its resistance or a significant retracement to buy more in it. If you liked this article, then definitely share it with your friends and on your social media, so that it can be of some help to your friends too.

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