Franklin Industries Limited is an Indian-based company that mainly deals with the production and sale of steel products. The firm has a lineup in the steel industry, where it deals with the manufacture of steel pipes, tubes, and other related products for the construction, infrastructure, and manufacturing industries.
Franklin Industries Limited has earned its reputation regarding quality and effective solutions concerning the Steels to satisfy the current needs of all the customers. This company strives for environmental initiatives and runs the business with the principle of doing things most efficiently and economically possible. The company’s products are consumed in CCs and exported to other countries, where they enjoy a sound distribution channel.
Franklin Industries Share Price Current Market Overview
- Today’s Open: 3.78
- Today’s High: 3.78
- Today’s Low: 3.78
- Current Share Price: 3.78
- Market Capital: 54.66 Cr
- P/E: 1.02
- Dividend Yield: N/A
- 52 Week High: 8.26
- 52 Week Low: 1.67
Franklin Industries Share Price Recent Graph
Share Price Target Tomorrow From 2024 To 2030
The given share target data is for upcoming years which is based on market valuation, Industrial trend, and expert analysis.
| S. No. | Share Target Price Years | Share Target Value |
|
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2024 | 9.80 |
|
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2025 | 12.89 |
|
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2026 | 15.02 |
|
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2027 | 17.85 |
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2028 | 19.22 |
|
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2029 | 21.45 |
|
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2030 | 23.56 |
Shareholding Pattern For Franklin Industries
- Retail And Others: 99.92%
- Other Domestic Institutions: 0.08%
Franklin Industries Annual Income Statement
The following bars show the comparison between revenue and net income. For details regarding the annual income statement, refer to the given table.
| Particulars | Info 2024 | Y/Y Change |
| Revenue | 266.33M | 262.69% (+) |
| Operating Expenses | 3.66M | 606.75% (+) |
| Net Income | 56.54M | 838.10% (+) |
| Net Profit Margin | 21.23 | 158.59 (+) |
| Earning Per Share | N/A | N/A |
| EBITDA | 59.73M | 627.51% (+) |
| Effective Tax Rate | 5.24% | N/A |
Challenges For Franklin Industries Share Price
Market Competition
A key driver related to higher competition ratios is the shift in pricing power and market share in the steel industry.
Raw Material Costs
Concerns such as changes in the prices of many raw materials, among them iron ore and coal, affect the profit realization.
Economic Slowdown
Inability to sell as many steel products mainly at certain volumes in periods of economic difficulties or in some specific fields such as construction.
Regulatory Changes
Possible new changes in the environmental and industrial laws that might affect the operation’s costs.
