ADF Foods Share Price Target 2024, 2025, 2026, 2027, 2030

Updated on: February 17, 2024

Here, we will discuss ADF Foods Share Price Target 2024, 2025, 2026, 2027, and 2030 on the basis of its fundamental and technical analysis.

If you are an investor in ADF Foods or are planning to invest your hard-earned money in the stock of ADS Foods then you must go through this post.

ADF Food Company Information

Food processing company ADF Foods is situated in Mumbai, India. The company was established in 1932 and has since developed into one of India’s top producers and exporters of processed food items. Pickles, chutneys, ready-to-eat meals, and frozen food products are just a few of the ethnic and vegetarian food products available at ADF Foods.

The company operates internationally and exports its products to more than 50 nations. Ashoka, Camel, Aeroplane, and Truly Indian are some of its well-known brands. For producing high-quality goods, ADF Foods has also won multiple awards, including the famous “Great Taste Award” in the UK.

Business of ADF Food

ADF Foods is mainly involved in the manufacturing and processing of food. Pickles, chutneys, ready-to-eat meals, and frozen food items are just a few of the ethnic and vegetarian food products the company specializes in producing.

The company runs many production facilities in India and has a strong supply chain network to guarantee the timely delivery of goods to its clients. To increase sales and broaden its client base, ADF Foods developed solid ties with significant distributors and retailers in its target areas.

Income Report of ADF Foods

ADF Foods’ revenue climbed consistently between FY 2014 and FY 2022. The company’s overall revenue in FY 2014 was 211.62 crore, and it became 449.82 crore in FY 2022. Earnings before interest, taxes, depreciation, and amortization, or EBITDA, improved for the business, rising from 19.91 crore in FY 2014 to 84.03 crore in FY 2022.

The company’s net income, profit before taxes, and profit before interest and taxes (PBIT) have all increased over time as well. The company’s PBIT was 8.73 crore in FY 2014, and it turned 70.72 crore in FY 2022.

ADF Foods Share Price Target 2024

ADF Foods seems to be growing slowly but steadily, which is why at present this stock is also coming in the eyes of investors.

At present, this company is listed in both the stock exchanges of the Indian stock market and its current price is running around Rs.193.

If we talk about the 2023 target of its stock based on the growth of the company, then we can see ADF Foods stock trading between 210 and 220.

First Target 2023	210
Second Target 2023	220

ADF Foods Share Price Target 2025

As we are seeing that the demand for ready-to-eat meals is increasing rapidly and the market for this type of meal will grow more in the future.

That’s why we can say that the business of ADF Foods will grow in the future and we get good returns on its stock.

The target of ADF Foods for the year 2024 may be between 228 to 232.

First Target 2024	228
Second Target 2024	232

ADF Foods Share Price Target 2026

If we analyze the Business model of ADF Foods then we find that ADF Foods’ business model involves sourcing raw materials from local farmers, processing them into packaged food products, and distributing them through various sales channels.

The company operates in both domestic and international markets and has a presence in over 60 countries.

We can see good growth in the business of ADF Foods in the coming years. The Target of ADF Foods for 2025 can be between 237 to 243.

First Target 2025	237
Second Target 2025	243

ADF Foods Share Price Target 2030

For long-term investment, ADF Foods can be a jackpot as we will see a big increment in the demand for packaged blood, and the business of ADF Foods can grow big if the management of this company works with proper strategy.

The target of ADF Foods for the year 2030 can be between 297 to 321.