Machinery for industries is produced by Jyoti CNC Automation Limited. It offers CNC turning, vertical and horizontal machines, as well as multitasking machines, for use in railroads, telecommunications, agricultural, automotive, general engineering, infrastructure, medical, oil and gas, power, pumps, and other industries. Worldwide customers are served by Jyoti CNC Automation. Jyoti CNC Automation sells the entire inventory of simultaneous five-axis CNC centers in India. It owns 10% of the nation. The operator has designed and manufactured tools for other industries.
Jyoti CNC Share Price Target 2024-2030
On January 9, Jyoti CNC Automation Ltd. held its first mainboard Initial Public Offering. By the end of the three-day IPO, 40 people had signed up for the offering. Jyoti CNC’s portion cost is dependent upon different elements influencing the stock’s presentation in the offer market. CNC (Computer Numerical Control) machines are manufactured in these facilities, from design to development and production. In this article, we will give you the subtleties of this CNC organization to assist you with understanding Jyoti CNC mechanization share cost in forthcoming years 2024, 2025 2026 and 2030.
Jyoti CNC Share Price Target Today Update
- On January 16, 2024, the Jyoti CNC share price made its debut in a respectable manner. On the Public Stock Trade (NSE), Its portion cost is recorded at a 12.39% premium over its given Initial public offering cost of Rs 331 for each offer.
- Jyoti CNC’s shares opened at Rs 372 on the Bombay Stock Exchange (BSE), compared to its issued price of Rs 332 per share. Since its IPO began on January 9th, 38.53 people have signed up for the Jyoti CNC Automation IPO on day three.
- The date of Jyoti CNC’s listing on the NSE was January 16, and its IPO was resumed for subscription on January 9, 2024, earlier than originally scheduled.
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Introduction of Joyti CNG Automation Limited
Consolidated in 1991, Jyoti CNC Automation Limited is a main producer of CNC machine devices situated in Rajkot, Gujarat. The organization’s central goal is to give top-level CNC machining arrangements, guaranteeing broad organization inclusion and imaginative advancements across different ventures. Investors are showing interest because Jyoti CNC Automation is getting ready for a significant public offering. This in-depth examination of Jyoti CNC’s performance, industry trends, economic conditions, and prospects for the future examines the company’s share price targets.
Jyoti CNC Business Profile
This company has supplied 8,400 CNC machines to 3,500 customers in Asia, Europe, North America, and India, excluding India, Romania, France, Poland, and other countries like Italy. Through a completely vertical chain of production facilities, the company’s product manufacturing boasts both sovereignty and affordability. The ongoing limit of Jyoti’s contemporary Foundry for self-utilization intentions is 2000 tons each month.
- Client base: Tata Sikorsky Aviation Restricted, Bharat Produce Restricted, ISRO, C.R.I. Pumps Private Limited, Shakti Pumps (India) Limited, Kalyani Technoforge Limited, Turkish Aerospace, BrahMos Aerospace Thiruvananthapuram Limited, AVTEC Limited, Tata Advances System Limited, and Bosch Limited.
- Product: The company offers solutions for Industry 4.0 and Artificial Intelligence (AI), in addition to a wide range of CNC Turning Center series, CNC Turn Mill Center units, CNC Vertical Machining Center systems, CNC Horizontal Machining Center machines, CNC 5 Axis Machining Center products, and CNC Multi-tasking Machining Center varieties.
- Manufacturing unit and capacity: This company operates three manufacturing facilities, two of which are located in Rajkot (Gujarat) and the third outside of its own country in Strasbourg, France. Jyoti CNC Automation was able to produce 4400 machines annually in India as of Q2FY24, but they were only able to produce 121 machines annually from their overseas location.
Jyoti CNC Fundamentals & Quarterly Results
Metric |
Value |
Market Cap |
₹ 24,600 Cr. |
Current Price |
₹ 1,082 |
High / Low |
₹ 1,450 / 368 |
Stock P/E |
163 |
Book Value |
₹ 60.0 |
Dividend Yield |
0.00 % |
ROCE |
21.2 % |
ROE |
20.9 % |
Face Value |
₹ 2.00 |
FCF Prev Ann |
₹ -22.4 Cr. |
Debt to Equity |
0.22 |
Debt Preceding Year |
₹ 835 Cr. |
Reserves |
₹ 1,319 Cr. |
Quick Ratio |
1.26 |
Current Ratio |
2.47 |
Free Cash Flow |
₹ -163 Cr. |
Jyoti CNC Quarterly Results
Quarter |
Dec 2022 |
Mar 2023 |
Sep 2023 |
Dec 2023 |
Mar 2024 |
Sales |
239 |
446 |
302 |
378 |
450 |
Expenses |
236 |
362 |
248 |
282 |
316 |
Operating Profit |
3 |
84 |
55 |
96 |
134 |
OPM % |
1% |
19% |
18% |
25% |
30% |
Other Income |
3 |
41 |
1 |
3 |
3 |
Interest |
23 |
32 |
25 |
24 |
21 |
Depreciation |
9 |
11 |
8 |
9 |
8 |
Profit before tax |
-26 |
83 |
23 |
67 |
108 |
Tax % |
-3% |
17% |
27% |
28% |
7% |
Net Profit |
-25 |
69 |
17 |
48 |
100 |
EPS in Rs |
-8.51 |
21.10 |
0.86 |
2.44 |
4.38 |
CAGR Reports
|
10 Years |
5 Years |
3 Years |
TTM / Last Year |
Compounded Sales Growth |
– |
7% |
32% |
44% |
Compounded Profit Growth |
– |
129% |
61% |
7836% |
Stock Price CAGR |
– |
– |
– |
– |
Return on Equity |
– |
-4% |
12% |
21% |
Jyoti CNC Shareholding Pattern
Metric |
Mar 2024 |
Jun 2024 |
Promoters |
62.55% |
62.55% |
FIIs |
5.75% |
4.91% |
DIIs |
5.89% |
6.54% |
Public |
25.81% |
26.00% |
No. of Shareholders |
36,870 |
45,162 |
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Jyoti CNC Share Price Target 2024-2030 Forecast
Year |
Target |
2024 |
1500 |
2025 |
1750 |
2026 |
2061 |
2027 |
2219 |
2028 |
2421 |
2029 |
2649 |
2030 |
2900 |
Jyoti CNC Share Price Target 2025
Month |
Target |
January |
1525 |
February |
1498 |
March |
1470 |
April |
1500 |
May |
1520 |
June |
1549 |
July |
1584 |
August |
1608 |
September |
1650 |
October |
1690 |
November |
1720 |
December |
1750 |
Jyoti CNC Share Price Target 2026
Month |
Target |
January |
1767 |
February |
1749 |
March |
1730 |
April |
1746 |
May |
1769 |
June |
1781 |
July |
1804 |
August |
1850 |
September |
1900 |
October |
1954 |
November |
2000 |
December |
2061 |
Jyoti CNC Share Price Target 2027
Month |
Target |
January |
2075 |
February |
2054 |
March |
2071 |
April |
2086 |
May |
2109 |
June |
2150 |
July |
2189 |
August |
2170 |
September |
2181 |
October |
2190 |
November |
2200 |
December |
2219 |
Jyoti CNC Share Price Target 2028
Month |
Target |
January |
2252 |
February |
2230 |
March |
2200 |
April |
2224 |
May |
2252 |
June |
2287 |
July |
2309 |
August |
2351 |
September |
2376 |
October |
2360 |
November |
2390 |
December |
2421 |
Jyoti CNC Share Price Target 2029
Month |
Target |
January |
2439 |
February |
2420 |
March |
2435 |
April |
2456 |
May |
2463 |
June |
2500 |
July |
2519 |
August |
2537 |
September |
2579 |
October |
2592 |
November |
2611 |
December |
2649 |
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Jyoti CNC Share Price Target 2030
Month |
Target |
January |
2670 |
February |
2639 |
March |
2610 |
April |
2649 |
May |
2700 |
June |
2739 |
July |
2789 |
August |
2819 |
September |
2841 |
October |
2866 |
November |
2879 |
December |
2900 |
Invest in Jyoti CNC: Key Points
- Strong Market Position and Consistent Financial Growth: Jyoti CNC is a main maker in the CNC machine devices industry with a huge piece of the pie. From 2,500 million yen in FY 2021 to 4,100 million yen in FY 2023, the business has demonstrated consistent revenue growth and improved profit margins, doubling its net profit in the same time frame.
- Technological Innovation and Strategic Investments: Advanced technologies like IIoT, automation, and smart manufacturing are incorporated into Jyoti CNC’s products. The company always invests in research and development to stay ahead of technological developments. The company is better positioned for expansion thanks to strategic investments in modernizing and expanding its manufacturing infrastructure.
- Robust Financial Health and Positive Market Sentiment: With a solid obligation to-value proportion of 0.5 and a ROE reliably above 18%, Jyoti CNC shows solid monetary soundness and viable administration. The company’s shares are an appealing investment because of the upcoming IPO and strong financial performance that have generated positive investor sentiment.
- Expanding Market Opportunities and Favorable Industry Trends: The global CNC machine instruments market is supposed to develop at a CAGR of 7% from 2023 to 2030. Jyoti CNC is strategically set up to profit by this development because of its solid market presence and plans to extend its item contributions and enter new business sectors. Growth prospects are further enhanced by favorable government policies and rising demand for precision engineering.
- Experienced Leadership and Effective Risk Mitigation: Jyoti CNC benefits from strong leadership and strategic vision under the direction of experienced promoters like Parakramsinh Ghanshyamsinh Jadeja. The organization’s broadened item portfolio and solid dispersion network decrease business dangers and upgrade market reach, guaranteeing consumer loyalty and devotion.
Final Words
CNC turning mill centers, CNC vertical machining centers (VMCs), CNC horizontal machining centers (HMCs), CNC 5 Axis Machining Centres, and CNC Multi Tasking Machines are all manufactured by Jyoti CNC Automation Limited, which has its headquarters in Rajkot, Gujarat (India). “Jyoti CNC Automation,” the second-largest CNC manufacturer in India, has three manufacturing facilities, two of which are located in Gujrat and one in Strasbourg, France.
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