Godavari Biorefineries’ share price target for 2024, 2025, and 2026 is positive as per experts. The company is one of the largest ethanol producers and the first to manufacture ethanol-based chemicals in India. Not only the industry, the companies involved in various business sectors.
Godavari Biorefineries Ltd’s IPO issue size is Rs. 554.75 Crore, and the IPO price band is set to Rs. 334 to Rs. 352. The retail minimum investment for 40 shares of the company is Rs. 14,784.
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About Godavari Biorefineries Ltd
Godavari Biorefineries Ltd is a small-cap company that primarily works in the sugar, ethanol, and bio-based chemicals and power sectors. The company is the first company in India to manufacture ethanol-based chemicals in India. The company was incorporated in 1939.
The company is engaged in many businesses like bio-based chemicals, renewable energy, agriculture solutions, and many more also offers various products like-
Biofuels
- Ethanol (Bioethanol)
Biochemicals and Specialty Chemicals
- Sorbitol
- Crotonaldehyde
- 1,3-Butylene Glycol
- Acetic Acid and Ethyl Acetate
Sugar and Sweeteners
- Raw Sugar
- White Sugar
- Invert Syrup
- Liquid Sugar
- Refined Sugar
Renewable Energy
- Bioenergy Solutions
- Cogeneration of Electricity
Agriculture Products
- Bio-fertilizers
- Soil Conditioners
- Agriculture Advisory Services
Other Products
- Bagasse
- Press Mud
Godavari Biorefineries Ltd’s Scrip Info
| NSE | GODAVARIB |
| BSE | 544279 |
| ISIN | INE497S01012 |
| SECTOR | SUGAR |
Company Analysis
Below you’ll find Godavari Biorefineries Limited’s company information like financials, fundamentals, and shareholding patterns. This information plays an important role in identifying good companies for investing.
Note: The shared information is not enough for a complete analysis of any company or stock. Kindly cross-check this information with any screener or broker.
Note: All the values are in (₹) Rupees Crore.
| Quarter | Net Profit & Loss |
|---|---|
| Sep 2023 | ₹ |
| Dec 2023 | ₹ |
| Mar 2024 | ₹ |
| Jun 2024 | -₹26 |
| Sep 2024 | ₹ |
| Year | Net Profit & Loss |
|---|---|
| Mar 2020 | ₹4 |
| Mar 2021 | ₹27 |
| Mar 2022 | ₹19 |
| Mar 2023 | ₹20 |
| Mar 2024 | ₹12 |
Note: It is the company’s financial performance data, typically released every three months (quarterly) or once a year (annually).
| Market Cap | ₹1,755Cr | ROE | 0.00% |
| P/E Ratio (TTM) | 142.85 | EPS (TTM) | 2.40 |
| P/B Ratio | 2.13 | Div. Yield | 0.00% |
| Industry PE | 18.17 | Book Value | 161.34 |
| Debt to Equity | 1.46 | Face Value | 10 |
| Held By | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|
| FIIs | NA | NA | NA | NA | NA |
| DIIs | NA | NA | NA | NA | NA |
| Public | NA | NA | NA | NA | NA |
| Promoters | NA | NA | NA | NA | NA |
| Other Holders | NA | NA | NA | NA | NA |
Key Insights
- Low promoter pledge.
- Declining Net Cash Flow
- Low debt on the company.
- Annual net profits are improving.
- The company making profits consistently.
- The company generates cash from its operations.
- Debt-to-equity is 1.46, there is a DEBT of Rs. 654.06 Crore.
Godavari Biorefineries Share Price Target
Godavari Biorefineries Ltd is a chemical sector company which is one of the leading companies in the production of some chemicals. As per some reports, the current Indian chemical sector market size is nearly USD 220 billion. The market size is likely to reach USD300 billion by 2025 and USD 1 trillion by 2040. As per reports, in the next 16 years, the market is going to 4x to 5x from the current market size.
In the future, no doubt the chemical sector is going to grow a lot which will also benefit the Godavari Biorefineries Ltd company. There are hundreds of chemicals, that are produced by the companies and the company will get more benefits which produces highly demanding chemicals. So, for investing you should have a good understanding of the chemical sector to get a good Godavari Biorefineries share price target for 2024, 2025, and 2026.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹380 | ₹390 |
| 2025 | ₹400 | ₹500 |
| 2026 | ₹600 | ₹700 |
Disclaimer: AskDhan or we are not SEBI registered, and this is not a Buying or Selling recommendation. We will not be responsible for any loss or profit. This post is only for educational and learning purposes. All the targets given in the post are based on news, brokerage research, technical analysis, etc. We strongly recommend you talk to your financial advisor before making any decision.
Godavari Biorefineries Share Price Target 2024
On the listing day 30 Oct 2024, the Godavari Biorefineries listed at nearly 12.5% discount from its upper price band. But later, investors started buying the stock and its price went up to Rs. 354.45 and closed at Rs. 343.20.
It strongly suggests, there is buying pressure in the stock which can move the stock up by 8% to 10% in the short term i.e. Godavari Biorefineries’ share price target for 2024 is nearly Rs. 380 to Rs. 390. As of 31 Oct, the stock is trading at Rs. 351.90 (market closing).
Godavari Biorefineries Share Price Target 2025 and 2026
Godavari Biorefineries Ltd is one of the good companies in the sugar sector which is involved in the production of various products of different industries/sectors like biofuels, biochemicals, specialty chemicals, sugar, sweeteners, renewable energy, agriculture products, and more. Also, it is India’s first company which manufactures ethanol-based chemicals.
For the long term investing in the chemical sector can be one of the best decisions as by 2040 the sector market size is going to reach USD 1 trillion. The company also manufactures or produces various types of chemicals that will help it to give good returns to investors.
By keeping in mind that it is a small-cap company, the fundamentals and financials of the company also look strong as low debt on the company, zero promoter pledge, rising annual profit, etc. By 2025 and 2026, you can expect a target of Rs. 600 to Rs. 700 in Godavari Biorefineries share price.
FAQs
As per experts, India’s chemical sector is likely to grow rapidly in the long term. the current Indian chemical sector market size is nearly USD 220 billion. The market size is likely to reach USD300 billion by 2025 and USD 1 trillion by 2040. As per reports, in the next 16 years, the market is going to 4x to 5x from the current market size.
But this long-term data is not accurate, it can be changed with time, conditions, govt regulations, demand and supply, etc. There are also many countries which produce chemicals.
Godavari Biorefineries Ltd company engaged in various industries, here are some top products of the company-
Biofuels: Ethanol (Bioethanol)
Biochemicals and Specialty Chemicals: Sorbitol, Crotonaldehyde, 1,3-Butylene Glycol, Acetic Acid and Ethyl Acetate
Sugar and Sweeteners: RAW Sugar, White Sugar, Invert Sugar, Liquid Sugar, Refined Sugar, etc.
Renewable Energy: Bioenergy Solutions, Cogeneration of Electricity
Agriculture Products: Bio-fertilizers, Soil Conditioners, Agriculture Advisory Services.
Other Products: Bagasse, Press Mud
The current chemical sector market size is valued at USD 220 billion which is expected to reach USD 300 billion by 2025. Most probably, the Godavari Biorefineries will also get benefits, and its share price target can reach Rs. 400 to Rs. 500.
Final Words
Godavari Biorefineries’ share price target for 2024, 2025, and 2026 is likely to deliver good returns to the investors. As there are no major problems in the company fundamentals and financials. Also, the chemical sector market size is likely to reach USD 1 trillion by 2024 and the current market size is around USD 220 billion.