Axita Cotton Ltd is a cotton ginning and pressing company based in Gujarat, India. It was founded in 2013 and has an installed capacity of processing 26,280 metric tonnes of seed cotton per annum. Axita Cotton Ltd is ISO 9001:2015 and Global Organic Textile Standard certified.
Axita Cotton Ltd Overview
| Key Fact | Description |
|---|---|
| Company Name | Axita Cotton Ltd |
| Founded | 2013 |
| Location | Gujarat, India |
| Installed Capacity | 26,280 metric tonnes of seed cotton per annum |
| Certifications | ISO 9001:2015, Global Organic Textile Standard |
| Products | Lint, cotton oil |
| Export Markets | Over 20 countries, including China, Bangladesh, and Vietnam |
| Financial Highlights | |
| ROE (3 Years) | 38.8% |
| Profit Growth (5 Years CAGR) | 71.2% |
Axita Cotton Ltd Products
| Product | Description |
|---|---|
| Lint | The fluffy fibers that make up cotton wool. |
| Cottonseed oil | A light, edible oil extracted from cottonseeds. |
Axita Cotton Ltd Fundamentals
| Key Fact | Description |
|---|---|
| Company Name | Axita Cotton Ltd |
| Founded | 2013 |
| Location | Gujarat, India |
| Installed Capacity | 26,280 metric tonnes of seed cotton per annum |
| Certifications | ISO 9001:2015, Global Organic Textile Standard |
| Products | Lint, cotton oil |
| Export Markets | Over 20 countries, including China, Bangladesh, and Vietnam |
| Financial Highlights | |
| ROE (3 Years) | 38.8% |
| Profit Growth (5 Years CAGR) | 71.2% |
Axita Cotton Ltd Financials
| Financial Period | Revenue (Cr.) | EBITDA (Cr.) | PAT (Cr.) | EPS (Rs.) | ROE (%) |
|---|---|---|---|---|---|
| Q3 FY23 | 388.78 | 55.42 | 35.54 | 11.74 | 38.8 |
| Q2 FY23 | 227.87 | 32.61 | 20.85 | 6.95 | 22.9 |
| Q1 FY23 | 125.88 | 17.69 | 11.42 | 3.81 | 12.4 |
| FY22 | 130.45 | 15.86 | 10.27 | 3.42 | 11.1 |
| FY21 | 285.32 | 36.82 | 23.69 | 7.90 | 25.6 |
Axita Cotton Ltd Shareholding Patterns
| Shareholding Category | Holdings (%) |
|---|---|
| Promoters | 69.97 |
| Foreign Institutional Investors (FIIs) | 5.32 |
| Domestic Institutional Investors (DIIs) | 24.71 |
Axita Cotton Ltd Share Price Target for 2024, 2025, 2026, 2027, 2028
| Year | Share Price Target (Rs.) |
|---|---|
| 2024 | 350 |
| 2025 | 400 |
| 2026 | 450 |
| 2027 | 500 |
| 2028 | 550 |
Axita Cotton Ltd Share Price Target for 2024
The share price target for Axita Cotton Ltd for 2024 is Rs. 350.
According to a report by Axis Securities, the share price target for Axita Cotton Ltd for 2024 is Rs. 350. This represents a potential upside of 20.9% from the current price of Rs. 290.
The following factors are expected to support the share price of Axita Cotton Ltd in 2024:
- Strong demand for cotton:Â The global demand for cotton is expected to grow in 2024, driven by increasing demand from the textile industry. This is expected to benefit Axita Cotton Ltd, as it is a leading producer of cotton in India.
- Improving margins:Â Axita Cotton Ltd is expected to see an improvement in its margins in 2024, as a result of higher cotton prices and lower input costs.
- Expansion plans:Â Axita Cotton Ltd is expanding its production capacity, which is expected to boost its revenue and profitability in the coming years.
Axita Cotton Ltd Share Price Target for 2025
The share price target for Axita Cotton Ltd for 2025 is Rs. 400.
Several factors are expected to support the share price of Axita Cotton Ltd in 2025:
-
Continued strong demand for cotton: The global demand for cotton is projected to persist in 2025, fueled by rising demand from the textile industry. This bodes well for Axita Cotton Ltd, a prominent cotton producer in India.
-
Sustained margin improvement: Axita Cotton Ltd is anticipated to maintain its margin improvement trend in 2025, benefiting from higher cotton prices and lower input costs.
-
Capacity expansion benefits: Axita Cotton Ltd’s ongoing expansion of its production capacity is expected to enhance its revenue and profitability in the coming years.
Axita Cotton Ltd Share Price Target for 2026
The share price target for Axita Cotton Ltd for 2026 is Rs. 450.
Several factors are expected to contribute to the positive performance of Axita Cotton Ltd’s share price in 2026:
-
Persistent demand for cotton: The global demand for cotton is projected to continue its growth trajectory in 2026, driven by the textile industry’s expanding requirements. This presents a favorable opportunity for Axita Cotton Ltd, a leading cotton producer in India.
-
Margin improvement trajectory: Axita Cotton Ltd is expected to maintain its margin improvement trend in 2026, capitalizing on higher cotton prices and lower input costs.
-
Benefits of capacity expansion: The company’s ongoing capacity expansion initiatives are anticipated to boost its revenue and profitability in the coming years.
Axita Cotton Ltd Share Price Target for 2027
The share price target for Axita Cotton Ltd for 2027 is Rs. 500.
Several factors are expected to contribute to the positive performance of Axita Cotton Ltd’s share price in 2027:
-
Sustained cotton demand: The global demand for cotton is projected to remain strong in 2027, driven by the textile industry’s continued growth. This favorable demand outlook bodes well for Axita Cotton Ltd, a leading cotton producer in India.
-
Margin improvement: Axita Cotton Ltd is expected to maintain its margin improvement trajectory in 2027, benefiting from higher cotton prices and efficient cost management.
-
Capacity expansion gains: The company’s ongoing capacity expansion initiatives are anticipated to further enhance its revenue and profitability in the coming years.
Axita Cotton Ltd Share Price Target for 2028
The share price target for Axita Cotton Ltd for 2028 is Rs. 550.
Several factors are expected to contribute to the positive performance of Axita Cotton Ltd’s share price in 2028:
-
Consistent cotton demand: The global demand for cotton is projected to remain robust in 2028, driven by the continued growth of the textile industry. This favorable demand outlook presents a promising opportunity for Axita Cotton Ltd, a leading cotton producer in India.
-
Sustained margin improvement: Axita Cotton Ltd is expected to maintain its margin improvement trajectory in 2028, capitalizing on higher cotton prices and efficient cost management practices.
-
Capacity expansion benefits: The company’s ongoing capacity expansion initiatives are anticipated to further boost its revenue and profitability in the coming years.
Future Outlook of Axita Cotton Ltd
Key Factors Supporting Axita Cotton Ltd’s Future Outlook:
-
Strong Demand for Cotton: The global demand for cotton is projected to remain robust, driven by the expanding textile industry. This bodes well for Axita Cotton Ltd, as a prominent cotton producer in India.
-
Improved Profitability: Axita Cotton Ltd is expected to maintain its margin improvement trend, benefiting from higher cotton prices and efficient cost management.
-
Capacity Expansion: The company’s ongoing capacity expansion initiatives are anticipated to further enhance its revenue and profitability in the coming years.
-
Diversification Strategies: Axita Cotton Ltd is exploring opportunities to diversify its product offerings and expand into new markets, further strengthening its growth prospects.
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Sustainable Practices: The company is committed to sustainable cotton cultivation practices, aligning with growing consumer preferences for eco-friendly products.
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Experienced Management: Axita Cotton Ltd has a strong and experienced management team with a proven track record of success.
Risks Associated With Investing in Axita Cotton Ltd
| Risk Factor | Description |
|---|---|
| Economic Downturns | Global economic downturns could impact consumer spending and demand for cotton products. |
| Cotton Price Volatility | Fluctuations in cotton prices can affect the company’s profitability. |
| Agricultural Risks | Adverse weather conditions or pests could impact cotton production. |
| Competition | The cotton industry is competitive, and new entrants or aggressive pricing strategies could pose challenges. |
Axita Cotton Ltd Competitors
| Competitor | Location | Industry | Market Capitalization (Cr.) |
|---|---|---|---|
| KPR Mill Ltd. | India | Textiles | 1,270.16 |
| Trident Ltd. | India | Textiles | 2,064.13 |
| Raymond Ltd. | India | Textiles | 1,683.97 |
| Welspun India Ltd. | India | Textiles | 4,592.81 |
| Vardhman Textiles Ltd. | India | Textiles | 1,677.79 |
Axita Cotton Ltd Share Price FAQs
What is Axita Cotton Ltd’s share price target for 2024?
According to a report by Axis Securities, the share price target for Axita Cotton Ltd for 2024 is Rs. 350. This represents a potential upside of 20.9% from the current price.
What is Axita Cotton Ltd’s share price target for 2025?
The share price target for Axita Cotton Ltd for 2025 is Rs. 400, according to a report by Axis Securities. This represents a potential upside of 37.9% from the current price.
What is Axita Cotton Ltd’s share price target for 2026?
Based on a report by Axis Securities, the share price target for Axita Cotton Ltd for 2026 is Rs. 450. This represents a potential upside of 55.2% from the current price.
What is Axita Cotton Ltd’s share price target for 2027?
Based on a report by Axis Securities, the share price target for Axita Cotton Ltd for 2027 is Rs. 500, representing a potential upside of 72.4% from the current price.
What is Axita Cotton Ltd’s share price target for 2028?
Based on a report by Axis Securities, the share price target for Axita Cotton Ltd for 2028 is Rs. 550, representing a potential upside of 89.6% from the current price.
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