Looking for IT stocks under ₹50 and with great potentials? You might have come across 3i Infotech, a company currently making buzz in the market. In this article, we will check detailed 3i Infotech share price target 2023, 2024, 2025 and upto 2030.
In order to forecast the future price for 3i Infotech, we will study the company’s financial data. This shall provide valuable insights for potential investments. By the end of this post, you will have a deep understanding of the company’s business, its financial statements and its technicals.
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3i Infotech Company Details
3i Infotech is a prominent player in the IT industry, specializing in providing software products, IT services, and business process outsourcing solutions. With a focus on delivering cutting-edge technology solutions to various sectors, such as banking, financial services, insurance, manufacturing, and retail, 3i Infotech has positioned itself as a reliable and innovative partner for businesses.
The company is located in Mumbai but also has its presence in South Asia, North America, Middle East,Africa, Western Europe and Asia Pacific. 3i Infotech’s software business was acquired by Apax Partners in the year 2021.
Understanding 3i Infotech's Market Positioning
When it comes to assessing a company’s market positioning, a comparison with its peers can provide valuable insights. Let’s analyze the peer comparison data and explore how 3i Infotech stands out in terms of various financial metrics.
Price-to-Book (P/B) Ratio
3i Infotech boasts a relatively low P/B ratio of 0.64 compared to its peers. This suggests that the market values the company at a lower multiple of its book value, potentially indicating an undervalued stock.
Price-to-Earnings (P/E) Ratio
With a P/E ratio of 11.00, 3i Infotech demonstrates a favorable valuation compared to its industry counterparts. This indicates that the company’s stock is priced at a relatively reasonable multiple of its earnings. This is a good sign as it suggests potential investment opportunities.
Earnings per Share (EPS)
At ₹3.10 per share, 3i Infotech’s EPS showcases the company’s profitability on a per-share basis. Although it may be lower than some of its peers, the consistent growth in EPS can indicate a positive trend for future earnings.
Return on Equity (ROE) and Return on Capital Employed (ROCE)
3i Infotech’s ROE stands at 1.02%, while the ROCE is 1.71%. Although these figures may appear modest compared to other companies, it’s important to consider the context of the industry and the company’s growth trajectory. Further analysis of the company’s strategies and plans can provide a deeper understanding of its potential to improve these metrics.
Price-to-Sales (P/S) Ratio and EV/EBITDA
The P/S ratio for 3i Infotech is 2.71, suggesting that the market values the company at a moderate multiple of its sales. The EV/EBITDA ratio, at 8.40, indicates the company’s valuation relative to its earnings before interest, taxes, depreciation, and amortization.
Market Capitalization (MCap)
With a market capitalization of ₹574.47 crores, 3i Infotech falls within the mid-range compared to its peers. While not the largest in terms of market capitalization, it is important to note that size alone does not determine a company’s growth potential or market positioning.
Now let us study 3i Infotech share price target for coming years by studing its key financials.
3i Infotech Share Price Target for 2023
Share price of 3i Infotech was in phase of consolidation since last 10 years. Looking at the above technical chart, it is visible that the stock has started to make higher highs on weekly time frame.
Analyzing the quarterly results of 3i Infotech, we observe a consistent upward trend in net sales. In the first quarter of 2023, net sales reached ₹75.40 crores, reflecting a steady growth trajectory. Although the operating profit faced some challenges in recent quarters, the company managed to maintain a positive trajectory. With an adjusted EPS of ₹2.46, we anticipate a favorable outlook for 3i Infotech’s in 2023.
As per our analysis, the share price target for 3i Infotech in 2023 will ₹39 as minimum target and ₹47.40 as our maximum target.
3i Infotech Share Price Target for 2024
The financial data of 3i Infotech paints an optimistic picture for the company’s future. Despite certain fluctuations in operating profit, the company’s other income has shown consistent growth. This indicates diversified revenue streams which is always good for a company’s financials. Nobody would like to have just one source of income, right? Looking ahead, the target looks bullish, supported by positive developments and potential growth opportunities for 3i Infotech.
In 2024, the share price of 3i Infotech can reach the maximum value of ₹68 as per the Fibonacci levels. The minumum target for the year 2024 will be ₹52
3i Infotech Share Price Target for 2025
The company’s robust financial performance and strategic initiatives position 3i Infotech for sustained growth in the coming years. With a strong focus on customer satisfaction and technological advancements, 3i Infotech aims to solidify its position in the IT industry.
By capitalizing on emerging opportunities and expanding its market reach, we anticipate a share price target of ₹93.55 for 3i Infotech in the year 2025.
3i Infotech Share Price Target for 2026
As technology continues to evolve at a rapid pace, the demand for IT solutions and services is expected to rise. 3i Infotech, with its extensive experience and expertise, is well-positioned to capitalize on this growth. Leveraging its investments in research and development, strategic partnerships, and a customer-centric approach, we project a share price target of ₹134.90 for 2026, presenting a promising opportunity for investors seeking long-term gains.
3i Infotech Share Price Target upto 2030
| Year | 3i Infotech 1st Share Price Targets (₹) | 3i Infotech 2nd Share Price Targets (₹) |
|---|---|---|
| 2023 | 39 | 47.40 |
| 2024 | 52 | 68 |
| 2025 | 80 | 93.55 |
| 2026 | 112 | 134.90 |
| 2027 | 164.20 | 180 |
| 2028 | 201 | 242 |
| 2029 | 272 | 286 |
| 2030 | 308 | 350 |
Looking towards the long term, 3i Infotech’s dedication to innovation, strong market position, and commitment to delivering exceptional value hold significant potential. As the company expands its market reach, diversifies its offerings, and continues to strengthen its partnerships, we anticipate a bright future for 3i Infotech. While specific projections for 2030 are subject to market dynamics, early indicators suggest that 3i Infotech could emerge as a rewarding investment, delivering substantial returns for shareholders.
Final Words
3i Infotech presents an exciting investment opportunity with a positive outlook for its share price targets. With a focus on simplicity, our analysis indicates a favorable share price target for 3i Infotech in the years ahead. It is important for investors to conduct further research and consult with financial advisors to make investment decisions. Stay informed and consider the potential opportunities presented by 3i Infotech as it continues to navigate the dynamic IT landscape.
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