Future Retail Share Price Target
About Future Retail :
Future Retail Ltd. was incorporated in the year 2007. Its today’s share price is 49.3. Its current market capitalisation stands at Rs 2684.31 Cr. In the latest quarter, company has reported Gross Sales of Rs. 68219.3 Cr and Total Income of Rs.64374 Cr. The company’s management includes Virendra Samani, Rahul Garg, Jacob Mathew, Ravindra Dhariwal, Gagan Singh, Rakesh Biyani, Kishore Biyani.
About Future Retail Share :
- Future Retail Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 2,670.75 Crore) operating in Retail sector.
- Future Retail Ltd. key Products/Revenue Segments include Traded Goods and Other Operating Revenue for the year ending 31-Mar-2019.
- For the quarter ended 30-06-2021, the company has reported a Consolidated Total Income of Rs 1,431.26 Crore, down 30.43 % from last quarter Total Income of Rs 2,057.28 Crore and down 2.61 % from last year same quarter Total Income of Rs 1,469.59 Crore.
- Company has reported net profit after tax of Rs -1,147.13 Crore in latest quarter.
- The company’s top management includes Mr.Kishore Biyani, Mr.Rakesh Biyani, Mr.Rahul Garg, Mr.Ravindra Dhariwal, Ms.Gagan Singh, Mr.Shailendra Bhandari, Ms.Sridevi Badiga.
Future Retail Share Price Target 2021 Q4
- November 2021 – 52.20 Rs
- December 2021 – 50.50 Rs
Future Retail share price target 2022
- 2022 Jan – 55.10 Rs
- 2022 Feb – 53.50 Rs
- 2022 Mar – 51.60 Rs
- 2022 Apr – 55.90 Rs
- 2022 May – 56.00 Rs
- 2022 Jun – 51.15 Rs
- 2022 Jul – 57.15 Rs
- 2022 Aug – 59.05 Rs
- 2022 Sep – 58.09 Rs
- 2022 Oct – 59.35 Rs
- 2022 Nov – 61.95 Rs
- 2022 Dec – 60.26 Rs
Future Retail share price target 2023 – 72.25 Rs
Future Retail share price target 2024 – 86.15 Rs
Future Retail share price target 2025 – 99.50 Rs
Future Retail share price target 2026 – 115.30 Rs
Future Retail share price target 2027 – 138.35 Rs
Future Retail share price target 2028 – 167.20 Rs
Future Retail share price target 2029 – 203. 80 Rs
Future Retail share price target 2030 – 249.00 Rs
Future retail share price target 2022
The debt on the company seems to be increasing continuously. Due to which the company is seen trying its best to run its business by selling its assets. But even to sell it, the company is seeing a lot of problems. The deal has been finalized with Reliance to sell the company but Amazon seems to be opposing it. Because Amazon had already done Aggeremnet with Future Retail not to deal with a company like Reliance.
But Future Retail says that if this deal is not finalized, then the company is on the verge of sinking. Now the court is going to give its results soon. If this deal of Future retail looks complete, then you are going to see a good jump in the stock. Talking about its stock price in 2022, you can see the first target of Rs 75. After that, 82 rupees for the second target, you will be able to hold it.
Future retail share price target 2023
The company was seen growing its business continuously for the last few years. But the expansion of this business of the company was not due to increasing profits, it was seen increasing its business by taking loans only. Due to which the company is seeing a lot of debt. But now the company wants to gradually reduce the debt on it. Therefore, the company seemed to be working to grow by selling its assets and reducing the debt as soon as possible.
Due to which its share price is also going to be seen increasing in the coming days. Talking about the share price of Future retail till 2023, then the first target can be seen at Rs 120. Then you see the second target for Rs 134.
Future retail share price target 2025
If we look at the financials of the company, then there has been continuous loss. And at the same time the debt is also increasing very fast. Whatever the company had bought earlier, no one gave much benefit to Future Retail. Due to which the company has grown in size but is not able to earn profit at all.
Because of which the future of the company does not look that good. If the company gets to see a merger with a big company in the coming days, then it is likely that the company will be seen growing well. If the target of the company is seen by 2025, then it can be seen to trade around Rs 140.
Future retail share price target 2030
As you keep holding the shares of this company for a long time, you are taking a big risk in the portfolio. The current performance of the company is very poor. Due to which it is also finding it very difficult to predict how it will perform in the future. That’s why you should wait and pay more attention to how the company’s management appears to be taking its business forward. When the company slowly starts performing well then you should try to buy.
Future retail Future
Looking at the future, the fundamentals of the company look very weak. Along with consistent profit, there is also a huge decline in sales. Due to which the company is also on the verge of sinking. Hence, it is better to stay away from this stock for long term investors.
It is likely that due to some small pearl news, the shares may be seen slightly upwards. But in order to increase the share price in the long run, it is very important to present good financials along with the business of the company. Till the time there is no improvement in the company’s results, it is wise to stay away from it.