In this article, we will discuss the Regency Ceramics share price target for 2024 to 2035, Quarter 2 result, financial, stock performance, future plans, and challenges depending on the various reports from research and brokerage firms and market research analysts.
Regency Ceramics Ltd., incorporated in 1983, is involved in ceramic tile manufacturing and is a leading company in the ceramic tile industry with its tile manufacturing technology. The company has modern plants situated in Yanam, Andhra Pradesh, and it manufactures glazed vitrified tiles and polished vitrified tiles.
The company has been in existence for more than 4 decades and has carved a niche for itself in the market and has set a trend in the market for the first-time usage of various tile sizes and designs in India.
Recently, the company unveiled its plan of acquiring Segno Ceramics Pvt Ltd, which would help the company to boost its production capabilities as well as its market access.
Quarter 2 Results
Net Sales
Q2 FY 2025: Rs 1.21 crore
Q2 FY 2024: Rs 0.24 crore
Year-over-Year Change: +404.17%
The sales revenue improved due to a marked rise in the value of net sales.
Expenses
Q2 FY 2025: Rs 2.98 crore
Q2 FY 2024: Rs 1.39 crore
Year-over-Year Change: +114.39%
Overhead and other expenses have almost tripled and could be due to either the increase in operating expenses or the increase in expansion exercises.
Profit Before Tax (PBT)
Q2 FY 2025: Rs -2.57 crore
Q2 FY 2024: Rs -1.57 crore
Year-over-Year Change: -63.69%
The loss was further deepened, implying that the firm is operating with a lot of complexity in terms of profitability even as it recorded enhanced revenues.
Earnings Per Share (EPS)
Q2 FY 2025: Rs -0.97
Q2 FY 2024: Rs -0.59
Year-over-Year Change: -64.41%
EPS was also lower, in line with the higher losses reported.
Q2 FY 2025 (Cr) | Q2 FY 2024 (Cr) | Year-over-Year Change | |
Net Sales | 1.21 | 0.24 | +404.17% |
Expenses | 2.98 | 1.39 | +114.39% |
Profit Before Tax | -2.57 | -1.57 | -63.69% |
Earnings Per Share (EPS) | -0.97 | -0.59 | -64.41% |
Net Profit | -2.57 | -1.56 | -64.24% |
Financials
At the end of November 30, 2024, Regency Ceramics Ltd. thus still struggles with finances; for the most recent quarter, the company has Rs 1.29 crore total income, 19.51% less than the totals of the same quarter of the past year.
The fourth quarter was also in the red at Rs 2.81 crores, and overall, the company reported a net loss of Rs 9.81 crores for FY 2024, an improvement from the net loss of Rs 15.64 crores reported in the previous year23. These costs have skyrocketed, and the total expense figure in the latest quarter is Rs 4.10 crore, which means the operating profit margin was -218.50%.
As of now, the current ratio of Regency Ceramics is 0.57, and EPS of Rs -3.71 shows current operational problems. However, the company’s problems are evident, and its stock price has peaked and bottomed at Rs 55.40, with a 48% dip from its 52-week high.
Regency Ceramics share price target 2024 to 2035
Share price targets for a specific company are highly speculative and influenced by numerous factors, such as market conditions, economic indicators, company performance, industry trends, and many more. But we will predict the Regency Ceramics share price target in 2024 to 2035 by analyzing the previous performance and after studying various brokerage and research firm forecasts.
Year | Share Price |
---|---|
2024 | 55 |
2025 | 85 |
2026 | 120 |
2027 | 165 |
2028 | 180 |
2029 | 210 |
2030 | 250 |
2031 | 365 |
2032 | 420 |
2033 | 555 |
2034 | 590 |
2035 | 650 |
Regency Ceramics share price target 2024
The share price target of Regency Ceramics is expected to witness a bullish trend in the year 2024, with the avg share price of Rs 55 in FY 2024. The growth percentage for Regency Ceramics shares is predicted to be positive, with an upward trend towards the end of the year due to strong quarterly results.
2024 | Share Price |
---|---|
Initial Target | 40 |
Mid-year Target | 55 |
End-year Target | 68 |
Regency Ceramics share price target 2025
The share price target of Regency Ceramics is expected to witness a bullish trend in the year 2025, with the maximum share price at Rs 85 in FY 2025. The growth percentage for Regency Ceramics shares is predicted to be positive, with an upward trend towards the end of the year.
2025 | Share Price |
---|---|
Initial Target | 60 |
Mid-year Target | 85 |
End-year Target | 110 |
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Regency Ceramics share price target 2030
The share price target of Regency Ceramics is expected to witness a bullish trend in the year 2030, with the maximum share price at Rs 250 in FY 2030. The growth percentage for Regency Ceramics shares is predicted to be positive, with an upward trend towards the end of the year.
2030 | Share Price |
---|---|
Initial Target | 215 |
Mid-year Target | 250 |
End-year Target | 315 |
Regency Ceramics share price target 2035
The share price target of Regency Ceramics is expected to witness a bullish trend in the year 2035, with the maximum share price at Rs 650 in FY 2035. The growth percentage for Regency Ceramics shares is predicted to be positive, with an upward trend towards the end of the year.
2035 | Share Price |
---|---|
Initial Target | 505 |
Mid-year Target | 650 |
End-year Target | 835 |
Future Plans:
- Acquisition Strategy: Regency Ceramics has successfully taken over Segno Ceramics Pvt Ltd, thereby increasing production capacity up to 3.6 million sqmt per annum and venturing strategically into new areas of South and East India.
- Revenue Target: Applying the capabilities of the new manufacturing facility, the company looks forward to the next calendar year’s revenue target of Rs 100 crore.
- Product Diversification: The new facility will afford Regency an opportunity to produce more products to suit market demands, such as glazed and polished vitrified tiles.
- Market Expansion: This merger is expected to build up the creds of Regency in the ceramics market, attending to main regions such as near Chennai and Krishnapatnam, giving locational vantage points for conveyancing.
Challenges:
Financial Performance: The management has clearly stated precarious financial data; it recorded a loss of Rs 9.81 crore for the FY ending March 2024, signifying continued operations’ profitability woes.
High Debtors Days: A debtor days ratio of 1,550 for Regency Ceramics is a sign that the company has to struggle to cover costs since most of its payments come in significantly delayed, in effect translating to a poor organization function.
Market Competition: The ceramics industry is rather saturated: the demand is high, but the competition is stiff, and many strong players already dominate the market that may affect Regency ceramics’ share, prices, etc.
Conclusion
Thereby, the firm is at the crossroads of its evolution process. The event known as Regency Ceramics Ltd. Segment Ceramics has recently been acquired by it. This deal would add more strength to its manufacturing strength and market positioning, especially in the South and East of India.
Nevertheless, the organization faces some serious financial challenges, for instance, high debtor days and poor profitability indicators. The upcoming calendar year for Regency Ceramics is planned to have sales of Rs 100 crores; the company is using improved manufacturing capacity as a springboard to consistently promote innovation in seeking to reclaim a dominating position in the ceramics market.
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Disclaimer: I am not a SEBI-registered investment adviser or research analyst. The information shared is only for educational purposes. This is not an investment advice.