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Sundaram Multi Pap Share Price Target From 2024 to 2030

Sundaram Multi Pap Ltd is a prominent player in the Indian stationery and educational material market. The company specializes in paper-based stationery products, including notebooks, exercise books, and other educational materials. With a rich history of supplying to both institutional and retail customers, Sundaram Multi Pap has built a strong reputation for quality and innovation.

Key Financial Information for Sundaram Multi Pap Share Price

  • Open: ₹2.55

  • High: ₹2.59

  • Low: ₹2.53

  • Market Cap: ₹120.84 Cr

  • P/E Ratio: Not Applicable

  • Dividend Yield: Not Applicable

  • 52-Week High: ₹4.20

  • 52-Week Low: ₹2.46

  • Current Price: ₹2.58

  • 1-Year Change: ₹-0.57 (-18.10%)

Shareholding Pattern for Sundaram Multi Pap Share Price

  • Retail and Others: 68.84%

  • Promoters: 31.11%

  • Other Domestic Institutions: 0.05%

Changes in Shareholding Pattern

  • Promoters’ Pledge: Changed to 2.22% of holding

  • Promoters’ Holding: Remains steady at 31.11%

  • Institutional Investors’ Holding: Unchanged at 0.05%

Sundaram Multi Pap Share Price Target From 2024 to 2030

Below is a forecast of Sundaram Multi Pap Ltd’s share price from 2024 to 2030, considering market trends, company performance, and industry outlook:

Year Share Price Target
2024 ₹4.50
2025 ₹6.50
2026 ₹8.50
2027 ₹10.50
2028 ₹12.50
2029 ₹14.50
2030 ₹16.50

2024: Recovery Phase

The share price target for 2024 is set at ₹4.50, significantly higher than the current ₹2.58. Key factors contributing to this growth include:

  • Increased demand for stationery in the education sector post reopening of schools and colleges.

  • Expansion of distribution networks in rural and semi-urban areas.

  • Strategic cost optimization to enhance profitability.

2025: Growth Momentum

By 2025, the target price is ₹6.50, driven by:

  • Introduction of eco-friendly stationery products aligned with global sustainability trends.

  • Partnerships with e-commerce platforms to expand market reach.

  • Boosted exports to emerging economies.

2026: Scaling the Business

The 2026 price target is ₹8.50, underpinned by:

  • Upgraded manufacturing facilities.

  • Launch of digital education solutions and hybrid stationery products.

  • Increased institutional sales to government and private schools.

2027: Consolidation and Diversification

The share price target for 2027 is ₹10.50, marking a turning point in the company’s growth. Key initiatives include:

  • Diversification into digital stationery and smart notebooks.

  • Entry into new geographical markets, both domestic and international.

  • Strengthening brand presence through innovative marketing campaigns.

2028: Healthy Financial Bottom Line

The estimated price for 2028 is ₹12.50, driven by:

  • Reduced debt levels and improved liquidity.

  • Enhanced operating margins through supply chain efficiency.

  • Expansion of B2B business with corporate clients.

2029: Industry Leader

Sundaram Multi Pap is expected to achieve a market-leading position with a target price of ₹14.50. Factors contributing to this include:

  • Innovation in product design and functionality.

  • Growth of retail and exclusive brand stores.

  • Strengthened investor confidence due to consistent performance.

2030: Market Leadership

By 2030, the share price target is set at ₹16.50, signifying market leadership. The company is expected to:

  • Capture a substantial share of the Indian stationery market.

  • Leverage export and joint venture opportunities in international markets.

  • Provide sustained dividends and deliver increased stock value to shareholders.

Drivers Gaining Momentum in Sundaram Multi Pap Share Price

Competitive Advantages

  • Brand Strength: A leader in the Indian stationery market.

  • Product Portfolio: Diverse range catering to a broad customer base.

  • Geographic Reach: Presence across urban and rural markets.

Weaknesses

  • Industry Competition: Highly competitive with organized and unorganized players.

  • Raw Material Dependence: Margins are vulnerable to fluctuations in paper prices.

  • Reduced Institutional Investor Confidence: Compared to peers.

Opportunities

  • Digital Transformation: Aligning with trends in digital education.

  • Sustainability: Expanding eco-friendly product offerings.

  • Export Growth: Increasing presence in global markets.

Threats

  • Economic Slowdown: Reduced discretionary spending during downturns.

  • Regulatory Changes: Higher compliance costs due to stringent environmental regulations.

  • Technological Disruption: Rising digitization in education could reduce demand for traditional stationery.

FAQs for Sundaram Multi Pap Share Price

  1. What is the current share price of Sundaram Multi Pap?

    • The current market price is ₹2.58.

  2. What are the 52-week high and low prices?

    • 52-Week High: ₹4.20

    • 52-Week Low: ₹2.46

  3. What is the shareholding pattern?

    • Retail and Others: 68.84%

    • Promoters: 31.11%

    • Other Domestic Institutions: 0.05%

  4. Has the promoters’ holding changed recently?

    • No, the promoters’ holding remains unchanged at 31.11%.

  5. What is the growth potential of Sundaram Multi Pap shares?

    • The shares have significant growth potential, with targets of ₹4.50 by 2024 and ₹16.50 by 2030.

  6. Does Sundaram Multi Pap pay dividends?

    • Currently, the company does not offer dividends.

  7. What are the main risks of investing in Sundaram Multi Pap shares?

    • Risks include competitive pressures, raw material price volatility, and regulatory challenges.

Conclusion

Sundaram Multi Pap Ltd presents promising growth opportunities in the Indian stationery industry. With a strong brand portfolio, diverse product offerings, and strategic initiatives, the company is well-positioned for long-term success. While challenges such as competition and market dynamics persist, the emphasis on innovation and sustainability enhances its prospects. The share price is projected to rise steadily from ₹2.58 in 2024 to ₹16.50 by 2030, making it an attractive investment option in the small-cap segment.

author

The Tax Heaven

Mr.Vishwas Agarwal✍📊, a seasoned Chartered Accountant 📈💼 and the co-founder & CEO of THE TAX HEAVEN, brings 10 years of expertise in financial management and taxation. Specializing in ITR filing 📑🗃, GST returns 📈💼, and income tax advisory. He offers astute financial guidance and compliance solutions to individuals and businesses alike. Their passion for simplifying complex financial concepts into actionable insights empowers readers with valuable knowledge for informed decision-making. Through insightful blog content, he aims to demystify financial complexities, offering practical advice and tips to navigate the intricate world of finance and taxation.

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