Saksoft Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

Saksoft is committed to giving innovation administrations by dealing with its clients in areas like; Fintech, Coordinated factors and Transportation, Healthtech, and Utilities. Application Engineering, Quality Assurance & Testing, Data Analytics, Cloud, Infrastructure, and Cyber Security Services are among Saksoft’s offerings. Saksoft Ltd was laid out in 1999 by Autar Krishna and child Mr Aditya Krishna. This organization is associated with giving business knowledge and data the executives arrangements principally to mid-level companies either situated in USA or UK.

Saksoft Share Price Target 2024-2030

Saksoft Share Price Target One of the organizations recorded on financial exchanges is Saksoft Ltd., whose exhibition has been seen to work on over the long haul. Over the long haul, the organization’s portion values are supposed to soar in contrast with their ongoing levels. is expanding as there is an appropriate standing of the organization and the profits are ideal pronounced by the organization and decent measure of profit is paid too on the value shares being a steady profit got the investors save these offers for long haul and don’t auction them much of the time.

Saksoft Share Price Target Today Update

• The company’s shares are currently trading at a market price of 257.60INR, which is subject to change at any time. An ongoing decrease is being found in the Share Price by 3.46 percent when contrasted with the past shutting share costs of the organization on stock trades.
• The price range for the company’s shares ranges from 242.55INR to 257.60INR, according to the stock exchanges’ current market prices. T
• he Saksoft ltd Organization comprises of an area cost to profit proportion of 34.82 percent when contrasted with the following year cost to income proportion of 32.82 percent.
• The company has received a share price return of 594.94 percent over the past three years and a share price return of 71.99 percent over the past year.

Saksoft Business Profile

Along with Information Management (IM) and Business Intelligence (BI) solutions, the company also offers cloud, mobility, and Internet of Things (IoT)-based solutions as well as services like application development, testing, and quality assurance.

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Geographical & Client Concentration

Chennai (India) is where the Organization is based and it has 16 different workplaces around India, Europe, Asia and USA. From the worldwide market, this organization got around 72% income in USA and Europe during FY23. The main 5 clients acquire practically 46% while the best two bring practically 28%. The company strengthened its presence in the e-commerce sector by acquiring Solveda Software India Private Limited and Solveda LLC on August 23.

Intense Competition

Because the company isn’t as big as big multinationals when it comes to IT services, it faces a lot of tough competition. The business focuses on specialties in Monetary Innovation, Transportation, Planned operations, Medical care, Innovation, Utilities ventures, focusing on a pay of $100M in 2023-2024 and $500M in 2030.

Saksoft Fundamentals & Quarterly Results

Terms	Value
Market Cap	₹ 3,066 Cr.
Current Price	₹ 289
High / Low	₹ 402 / 210
Stock P/E	31.9
Book Value	₹ 47.7
Dividend Yield	0.27 %
ROCE	27.7 %
ROE	21.1 %
Face Value	₹ 1.00
Debt to equity	0.05
Debt Capacity	0.14
Debt preceding year	₹ 13.5 Cr.
Debt	₹ 26.4 Cr.
Reserves	₹ 495 Cr.
EPS	₹ 9.07
EPS last year	₹ 9.07
Pledged percentage	0.00 %
FCF Prev Ann	₹ 76.4 Cr.
EVEBITDA	20.2
Industry PE	32.1
PEG Ratio	1.49
Piotroski score	5.00
Earnings yield	4.50 %
Sales growth 5Years	16.3 %

Saksoft Quarterly Results

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Sales +	139	148	164	172	182	183	190	193	195
Expenses +	117	126	138	144	150	149	156	160	162
Operating Profit	22	22	26	27	33	35	34	33	33
OPM %	16%	15%	16%	16%	18%	19%	18%	17%	17%
Other Income +	3	3	3	2	1	2	4	1	2
Interest	1	0	1	1	1	0	1	1	1
Depreciation	2	2	2	3	3	3	3	3	3
Profit before tax	22	23	26	27	30	33	34	30	31
Tax %	21%	23%	25%	26%	16%	24%	25%	25%	26%
Net Profit +	18	18	19	20	25	25	25	23	23
EPS in Rs	1.67	1.69	1.83	1.88	2.36	2.38	2.38	2.13	2.19

CAGR Report

Metric	10 Years	5 Years	3 Years	Last Year & TTM
Compounded Sales Growth	13%	16%	25%	14%
Compounded Profit Growth	21%	21%	28%	17%
Stock Price CAGR	43%	54%	80%	-12%
Return on Equity (ROE)	20%	21%	22%	21%

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Saksoft Shareholding pattern

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Promoters (%)	72.59	68.31	69.21	69.21	69.11	68.31	66.86	66.64
FIIs (%)	0.36	0.51	0.84	0.98	2.15	3.87	4.76	4.00
DIIs (%)	0.01	0.01	0.03	0.00	0.00	0.36	0.37	0.00
Public (%)	27.05	26.10	24.83	24.73	23.67	22.41	22.97	24.35
Others (%)	0.00	5.08	5.08	5.08	5.08	5.05	5.04	5.01
No. of Shareholders	4,421	4,361	4,235	4,233	10,071	27,595	51,688	92,699

Saksoft Share Price Target 2024-2030

Year	Initial Target	Mid-Year Target	Year-End Target
2024	₹423.06	₹551.94	₹629.27
2025	₹642	₹603	₹720
2026	₹734	₹690	₹825
2027	₹842	₹792	₹946
2028	₹965	₹908	₹1083
2029	₹1105	₹1039	₹1240
2030	₹1265	₹1189	₹1419

SAKSOFT Share Price Target 2025

Month	Target
January	₹642
February	₹655
March	₹668
April	₹646
May	₹624
June	₹603
July	₹627
August	₹652
September	₹678
October	₹692
November	₹706
December	₹720

SAKSOFT Share Price Target 2026

Month	Target
January	₹734
February	₹749
March	₹764
April	₹739
May	₹714
June	₹690
July	₹718
August	₹747
September	₹777
October	₹793
November	₹809
December	₹825

SAKSOFT Share Price Target 2027

Month	Target
January	₹842
February	₹859
March	₹876
April	₹847
May	₹819
June	₹792
July	₹824
August	₹857
September	₹891
October	₹909
November	₹927
December	₹946

SAKSOFT Share Price Target 2028

Month	Target
January	₹965
February	₹984
March	₹1004
April	₹971
May	₹939
June	₹908
July	₹944
August	₹982
September	₹1021
October	₹1041
November	₹1062
December	₹1083

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SAKSOFT Share Price Target 2029

Month	Target
January	₹1105
February	₹1127
March	₹1150
April	₹1112
May	₹1075
June	₹1039
July	₹1081
August	₹1124
September	₹1169
October	₹1192
November	₹1216
December	₹1240

SAKSOFT Share Price Target 2030

Month	Target
January	₹1265
February	₹1290
March	₹1316
April	₹1272
May	₹1230
June	₹1189
July	₹1237
August	₹1286
September	₹1337
October	₹1364
November	₹1391
December	₹1419

Points Before investing in Saksoft ltd:-

• Keep an eye on the company’s share prices both before and after an investment is made because the share prices can change at any time.
• Really take a look at the Fiscal summaries of the organization as well as other financials to notice the benefit patterns as well as profits of the organization.
• The asset of the organization to be checked alongside the profits to be gotten and the accessibility of assets as per which the venture should occur.
• Really look at the expense suggestions to be applied on shares, the duty suggestions not set in stone by an outsider thus the patterns of previous years should be noticed.
• Decide your desired sum to contribute, don’t get impacted and contribute a bigger amount of sum than the decided one.

Final Words

One of the companies that is listed on stock exchanges is Saksoft ltd. The company’s performance on stock exchanges is excellent because, typically, the share prices of this particular company have continued to rise. However, the share prices aren’t particularly high only a small number of shares are offered but they are rising through a variety of channels. The rising demand for these shares is currently playing the most significant role.