IKIO Lighting Share Price Target 2023, 2024, 2025, 2030 – Detailed Analysis

IKIO Lighting Share Price Target 2023

IKIO Lighting Share Price Target 2023: In today’s article, we will learn about IKIO Lighting Share Price Target and also we will know how the future of this company can be and how much risk is there in this company? If you want information about all this then you will have to read this article carefully.

So without wasting much time, let’s start this article and know the complete information about IKIO Lighting Share Price Target 2023, 2024, 2025, 2030

Complete information about IKIO Lighting Limited (IKIO Lighting Limited Review)

IKIO Lighting Limited is an Indian manufacturer and end-to-end product solution provider across LED lighting, electronics, refrigeration lighting, hardware and RV components. They are headquartered in Noida, India and have been in business since 1991.

IKIO is a part of the Make in India initiative run by the Government of India. They leverage the Indian manufacturing ecosystem to provide their customers a distinct competitive advantage in the global marketplace.

IKIO’s largest customer is Signify Innovations India Limited, formerly known as Philips Electronics India Limited. According to Frost & Sullivan, Signify has 50% market share in India’s functional decorative lighting category and 10% market share in India’s true-blue decorative lighting segment.

IKIO Lighting Limited (NSE: IKIO) is an Indian manufacturer of LED lighting solutions. The company’s IPO was open for subscription from June 6 to 8, 2023. The issue was priced at ₹270 to ₹285 per share, which had a face value of ₹10. The IPO got subscription 1.46 times, retail investors got 6.14 times subscription.

The IPO proceeds will be used to expand the company’s manufacturing capacity, develop new products and repay debt. The company’s shares are listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

The financial figures of IKIO Lighting are as follows –

main pointDescription
market cap₹ 3,176 crore
Share price as on 14 August 2023₹ 370
52 week high level price₹ 477
52 week low level price₹ 364
Stock P/E Ratio61.8
dividend yield0.00%
ROCE (Return on Capital Employed)40.6%
ROE (Return on Equity)58.9%

Now we know in detail about IKIO Lighting Share Price Target –

Share price target of IKIO Lighting in 2023 (IKIO Lighting Share Price Target 2023)

IKIO Lighting Share Price Target in 2023 is subject to speculation, as there are many factors that could affect the stock price. However, some analysts have given target price of ₹435 to ₹455 per share.

The company is well positioned to take advantage of the growing demand for LED lighting in India. The Indian government is also promoting the use of LED lighting, which is expected to further boost the demand for IKIO Lighting’s products.

Here are some factors that could impact IKIO Lighting’s share price in 2023 –

  • Growth of LED lighting market in India.
  • The company’s ability to expand its manufacturing capacity and meet the growing demand for LED lighting.
  • The company’s ability to develop new products and stay ahead of the competition.
  • Overall performance of the Indian economy.

If the LED lighting market in India continues to grow, and IKIO Lighting is able to meet the growing demand for its products, the share price could rise in 2023.
Considering all these reasons, if we talk about IKIO Lighting Share Price Target 2023, then the first share price target of this company can be Rs 435 and the second share price target can be Rs 455.

Share price target of IKIO Lighting in 2024 (IKIO Lighting Share Price Target 2024)

If we look at the net sales and net profit of this company for the last 3 years, they are continuously increasing. As of March 2020, the net sales of this company were Rs 140.65 crore and the net profit was Rs 15.99 crore. And if we look at the net sales in March 2021, it was Rs 159.66 crore and the company had achieved a net profit of Rs 20.50 crore.

Last year i.e. in March 2022, its total sales were Rs 219.90 crore and net profit was Rs 28.01 crore. In such a situation, if we look at the net profit and net sales of these 3 years, the company is continuously increasing it. 
In such a situation, if we talk about IKIO Lighting Share Price Target 2024, then its first share price target can be Rs 520 and the second share price target can be Rs 595.

Share price target of IKIO Lighting in 2025 (IKIO Lighting Share Price Target 2025)

IKIO Lighting Share Price Target is expected to reach Rs 610 to Rs 680 in 2025. This is based on the company’s strong financial performance and plans to expand its business in the coming years.

Here are some of the factors that could contribute to IKIO Lighting’s growth in the next few years –

  1. Growing Demand for LED Lighting : The global LED lighting market is expected to grow at a CAGR of 11% from 2022 to 2027. This growth is driven by increasing demand for energy-efficient lighting solutions. IKIO Lighting is well-positioned to benefit from this trend, as it is a leading manufacturer of LED lighting products.
  2. Expansion into new markets : IKIO Lighting is currently expanding its presence into new markets such as the Middle East and Africa. This expansion is expected to boost the company’s revenue and earnings in the coming years.
  3. Product Innovation : IKIO Lighting is constantly innovating its product portfolio to meet the changing needs of customers. This focus on innovation is expected to help the company maintain its competitive edge in the market.

In such a situation, if we talk about IKIO Lighting Share Price Target 2025, then the first share price target of this company in 2025 can be Rs 610 and the second share price target can be Rs 680.

Share price target of IKIO Lighting in 2026 (IKIO Lighting Share Price Target 2026)

According to multiple market experts and brokerage firms, IKIO Lighting Share Price Target is expected to reach ₹710-790 in 2026. The company’s strong financial performance and its expansion into new markets are expected to contribute to its growth in the coming years. .

There are several factors that could support this target price. Firstly, IKIO Lighting is the leading player in the LED lighting market in India. The company has a strong track record of innovation and growth, and is well positioned to benefit from the growing demand for LED lighting in the country.

Second, IKIO Lighting is expanding its international footprint. The company has already established a presence in several key markets, and it is targeting further growth in the coming years. This expansion could provide significant growth in the company’s revenues and earnings.

Thirdly, the balance sheet of this company looks very strong. According to the balance sheet of the company, there is no debt of any kind on this company, which is a good thing for the shares of this company.
In such a situation, if we talk about IKIO Lighting Share Price Target 2026, then the first share price target of this company can be Rs 710 and the second share price target can be Rs 790.

IKIO Lighting share price target in 2030 (IKIO Lighting Share Price Target 2030)

IKIO Lighting Share Price Target is expected to reach ₹1085-1180 in 2030. This is based on the assumption that IKIO Lighting will continue to grow its business and improve its financial performance.

There are several reasons why this stock may perform well in 2030 –

  • This company has just been listed in the stock market in 2023. In such a situation, if this company has to make a place in the share market and in the hearts of investors, then it will have to do more business in its sector, which this company is doing.
  • In today’s time, the trend of LED lighting has increased a lot and it is likely to increase further in the coming time, which this company can take advantage of.
  • If we look at the financial stats of this company, it is continuously growing which is a very good thing.
  • Apart from this, this company is expanding its business by acquiring other companies and is continuously expanding its business in foreign countries also.

 In such a situation, if we talk about IKIO Lighting Share Price Target 2030, then the first share price target of this company can be Rs 1085 and the second share price target can be Rs 1180.

IKIO Lighting Share Price Target 2023, 2024, 2025, 2030 in Table

YearFirst share price targetSecond share price target
2023435455
2024520595
2025610680
2026710790
203010851180

Future of IKIO Lighting Share

There are many reasons due to which it seems that IKIO Lighting stock can perform strongly in the future –

  1. Strong company growth in recent years: IKIO Lighting’s revenue has grown at a CAGR of 23% over the last three years, and its profit after tax has grown 75% over the same period. This growth is being driven by increasing demand for LED lighting products, which are more energy-efficient and environmentally friendly than traditional incandescent and fluorescent light bulbs.
  2. The company’s strong focus on research and development : IKIO Lighting invests heavily in research and development, which has helped it develop innovative new products and stay ahead of the competition. The company has a strong track record of launching new products that have received good response from the market.
  3. Strong distribution network of the company : IKIO Lighting has a strong distribution network that reaches customers across India and many other countries. This network gives the company a competitive advantage in terms of reaching new customers and increasing its market share.
  4. IKIO Lighting’s strong customer relationships : The company has long-standing relationships with many key customers including Flipkart, Amazon and Tata Power. These relationships should help IKIO Lighting increase its sales.

Based on these factors, it is reasonable to believe that IKIO Lighting shares have the potential to grow in the future.

Risk in IKIO Lighting Share

Here are some of the risks associated with investing in IKIO Lighting shares –

  • The company is still in its early stages of development. This means that there is a risk that it may not be able to maintain its current growth rate.
  • The company faces increasing competition from both domestic and international players. This may lead to lower margins and profitability.
  • The Company’s products are subject to fluctuations in demand. If there is a recession in the economy, demand for the company’s products may decline.
  • The financial performance of the company is dependent on some key customers. If these customers default on their payments, it can have a significant impact on the company’s financial performance.
  • The company is still relatively young and unproven. It has only been in operation for a few years, and it is not yet clear whether it can maintain its current growth rate.
  • The company is a small-cap, meaning it is more volatile than larger, more established companies. This means that the share price can fluctuate more wildly, and there is a greater risk of losing money.
  • The company is aware of the risks in the LED lighting industry. This industry is still relatively young, and it is subject to change. For example, if there is a breakthrough in LED technology that renders IKIO’s products obsolete, the company could suffer losses.
  • If we look at the shareholding pattern of this company, neither the promoters nor the foreign or domestic institutional investors have stake in this company. Which is a negative point for this company.

Despite these risks, IKIO Lighting is a well-managed company with strong growth potential. The company has a clear focus on the premium segment of the LED lighting market, which is growing rapidly. It also has a strong brand presence and a good distribution network.

Frequently Asked question

  1. In which sector does IKIO Lighting company work?
    IKIO Lighting Limited is an Indian manufacturer and end-to-end product solution provider across LED lighting, electronics, refrigeration lighting, hardware and RV components.
  2. What is the name of the CEO of IKIO Lighting?
    The CEO of IKIO Lighting is Hardeep Singh.
  3. How much debt does IKIO Lighting have?
    As of March 31, 2023, the total debt on IKIO Lighting is more than ₹15 crore.
  4. What does the future hold for IKIO Lighting?
    IKIO Lighting shares have made a strong market debut with listing at a premium of 38%. In such a situation, analysts suggest that investors should hold the shares for a long period.
  5. What will be the IKIO Lighting Share Price Target in 2030?
    In 2030, IKIO Lighting shares can touch the target price of Rs 1050 or Rs 1180.

Conclusion

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