International Conveyors Share Price Target 2025, 2026, 2030, 2040, 2050

International Conveyors is a well-known Indian company that makes and sells strong PVC conveyor belts, which are mainly used in underground mining and other industries. These belts are made fire-resistant and safe to use. The company is one of the biggest makers of these belts in the world. Besides making conveyor belts, it also works in wind energy and trades different products. It exports its products to South Africa, the USA, Canada, and Australia.

What is International Conveyors Ltd NSE: INTLCONV?

International Conveyors was started in 1973 in Kolkata by Shree M.P. Kabra. It is an Indian company that makes special PVC conveyor belts, mainly used in underground mining. These belts, sold under the brand name Mineplast, are fire-resistant and help to move materials like coal, potash, and gypsum. The company has big factories in Aurangabad. It also sells other types of conveyor belts and their related parts. The company has good business in India as well as it does business globally.

Share Price Target Tomorrow

The stock is recovering slowly after the strong bullish move. It reached its all-time high price in the previous year and then started falling from that point. At the current time, it is starting to recover. For the buying opportunity, you should wait for a strong bullish trend, let the stock make some high swings and do some analysis before investing.

Day	Minimum Price (Rs)	Maximum Price (Rs)
Tomorrow	-3	+8

International Conveyors share price Target 2025

The Company works in three main areas, that is, making conveyor belts, producing wind energy and office and finance. It makes and sells PVC conveyor belts, mostly used in mining, and has a big share of the market in India. The wind energy part of the business makes electricity using wind and sells it. The office and finance part manages the company’s finances. It is a certified company known for doing well in both Indian and international markets. Besides selling in India, it also sends a lot of PVC belts to foreign countries. In 2025, its share price target would be ₹126, as per our analysis.

By our prediction, its share price would be between ₹61 to ₹126 in 2025.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	61	126

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	72	93
February	61	82
March	64	73
April	64	79
May	66	91
June	73	98
July	78	100
August	82	109
September	84	112
October	87	116
November	94	119
December	100	126

International Conveyors Share Price Target 2026

It is the only listed company in India that makes PVC conveyor belts, and it has made good profits recently. But its main business hasn’t grown much, and it needs more money to keep running. The good news is that the company has less debt now, the owners still believe in it, and the share price is low compared to its earnings. If the main business gets better, the company could grow even more in the future. In 2026, its share price target would be ₹190, as per our prediction.

Its share price would be between ₹100 to ₹190 in 2026, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	100	190

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	100	137
February	114	142
March	117	145
April	124	147
May	127	152
June	130	156
July	133	159
August	134	163
September	137	170
October	140	177
November	149	180
December	165	190

Share price Target 2027

The Company bought all the shares of M/s International Belting Limited, which then became a part of the Company. This helped the Company make more products. Later, the Company also took over its PVC Belting unit. To expand more, the Company bought Conveyor Holdings Pte. Limited, which became fully owned by the Company. It also bought another new company, International Conveyors America Limited, which also became fully owned by the Company. So, by owning the companies, it expanding its business and trying to become a tough competitor in its field. In 2027, its share price target would be ₹254, as per our prediction.

Its share price would be between ₹165 to ₹254 in 2027, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	165	254

Share price Target 2028

It began making conveyor belts for underground coal mining by working with Scandura, a UK company. When this partnership ended because Scandura was bought by one of its biggest competitors, it used its knowledge and experience to keep improving its products. After many years of working in this field, it has become a well-known company around the world. It is known for creating new ideas, smart designs, and helpful services for its customers. In 2028, its share price target would be ₹319, as per our analysis.

By our prediction, its share price would be between ₹227 to ₹319 in 2028.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	227	319

Share price Target 2029

Its Fire Resistant Conveyor belt is known for its strong and reliable performance in coal mining and other tough work. It is specially made for use in underground and risky areas, and it fulfils international safety rules for fire resistance and anti-static features. The belt is built using strong PVC materials, adjustable cover thickness, and a solid woven base, making it great for carrying materials like coal, potash, phosphate, fertiliser, clay, gypsum, and salt. In 2029, its share price target would be ₹386, as per our analysis.

By our prediction, its share price would be between ₹287 to ₹386 in 2029.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	287	386

International Conveyors share price Target 2030

Its product is made with strong synthetic yarns, which give it strength and stop it from stretching too much. It has special yarns on the surface to protect it from damage, help it stick better, and hold fasteners. The edges are tight to stop them from wearing out quickly and to make the belt last longer. The whole fabric is filled with PVC to make it stronger and stop water from getting in. A special PVC layer on top also helps reduce wear and lets the belt carry more for a longer time. Overall, it maintains very good quality for its product. In 2030, its share price target would be ₹475, as per our analysis.

By our prediction, its share price would be between ₹368 to ₹475 in 2030.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	368	475

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	368	397
February	372	411
March	376	413
April	378	422
May	373	430
June	378	436
July	386	440
August	389	451
September	397	453
October	409	460
November	417	468
December	429	475

Share Price Target 2040

It makes conveyor belts from start to finish in its factory. This includes making the yarn, weaving the fabric, mixing the materials, and finishing the belts. Every single belt is tested for strength, fire safety, and anti-static properties, which makes it one of the top companies. The company has a top-quality testing lab. This lab tests all the raw materials like yarn and chemicals, as well as the final belts, for safety and performance. In 2040, its share price target would be ₹970, as per our prediction.

Its share price would be between ₹850 to ₹970 in 2040, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	850	970

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	850	879
February	858	891
March	867	897
April	870	909
May	873	914
June	876	923
July	878	927
August	883	933
September	880	942
October	886	954
November	893	962
December	912	970

Share price Target 2050

It uses modern machines and has one of the widest and heaviest machines in the world for winding yarn. The weaving machines can use up to 22 tons of yarn in a single run. There are also three of the biggest looms in the world for making woven belts. The factory is run by a team of skilled workers with over 20 years of experience. It also has a six-story tower for vacuum processing, special heat curing using quartz infrared, an automated coating system, and a fully equipped lab to test and check the quality of the products. In 2050, its share price target would be ₹1579, as per our analysis.

By our prediction, its share price would be between ₹1413 to ₹1579 in 2050.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	1413	1579

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1413	1454
February	1420	1469
March	1424	1480
April	1435	1488
May	1449	1497
June	1457	1511
July	1468	1527
August	1479	1533
September	1487	1540
October	1498	1549
November	1511	1562
December	1528	1579

Should I buy International Conveyors stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	61	126
2026	100	190
2027	165	254
2028	227	319
2029	287	386
2030	368	475
2040	850	970
2050	1413	1579

It is a company that makes special belts used in underground mining. Its belts are fire-resistant and are sold in India and other countries like the USA and Australia. The company also works in wind energy and finance. It has good machines, low debt, and the owners still support it. However, its main business hasn’t grown much, and the stock price is just starting to go up again after a fall. So, you can think about buying this stock if you want to invest for a long time, but it’s better to wait until the price clearly starts going up and do more research first.

International Conveyors’ earnings results

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales +	99	169	205	215	134	152
Expenses +	88	149	186	186	113	130
Operating Profit	11	20	20	29	21	21
OPM %	11%	12%	10%	14%	16%	14%
Other Income +	4	9	14	14	67	105
Interest	10	5	4	4	9	8
Depreciation	2	2	2	2	2	2
Profit before tax	3	22	27	37	77	116
Tax %	-98%	25%	40%	23%	19%	21%
Net Profit +	6	17	16	29	62	92
EPS in Rs	0.94	2.46	2.40	4.36	9.84	14.47
Dividend Payout %	21%	41%	42%	25%	11%	0%

Key Metrics

TTM PE Ratio	PB Ratio	Dividend Yield	Sector PE	Sector PB	Sector Div Yld
5.77	1.94	—	38.51	6.71	0.59%

Peers & Comparison

Stock	PE Ratio	PB Ratio	Dividend Yield
International Conveyors Ltd	5.77	1.94	—
Cummins India Ltd	47.37	12.33	1.29%
Thermax Limited	62.99	9.00	0.39%
AIA Engineering Ltd	29.17	4.64	0.49%

Is International Conveyors stock good to buy? (bull case & bear case)

Bull Case:

• Profit before tax grew by 16.8% in Q3FY25 compared to last year
• Net profit went up by 3.6% in Q3FY25 to ₹20.00 crores
• Earnings per share rose to ₹9.82 in FY24 from ₹4.28 in FY23
• Total profit for FY24 more than doubled to ₹62.39 crores from ₹28.72 crores in FY23
• The company has more cash than debt, which is a good sign
• Return on equity (ROE) is 25.5%, showing it uses investor money well

Bear Case:

• Revenue fell 37.7% in FY24, from ₹2,150 crores to ₹1,339 crores
• Profit margins dropped from 15.88% to 10.46%
• Profit before tax went down 19.6% in Q3FY25 compared to the previous quarter.

Conclusion

It is an Indian company that makes strong, fire-resistant belts used in underground mining. It also works in wind energy and finance. The company sells its products in India and other countries and has been making good profits recently. It has low debt and is managed well by its owners. But its sales and profit margins went down last year, and the stock is starting to go up again. So, it could be a good long-term investment, but it’s smart to wait for a clear price rise and do more research before buying.

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