Premco Global share price target

Premco Global Share Price Target 2025, 2026, 2030, 2040, 2050

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Premco Global is an Indian company that makes special kinds of narrow fabrics like elastic and non-elastic tapes and webbing, which are used in many products. Their materials are used in clothing, especially underwear, for things like straps and waistbands. They also make products for sportswear, medical bandages, shoes, bags, home items, and car interiors. Besides fabrics, the company also makes labels and tags used for packaging and branding, like printed labels, woven labels, hangtags, and tagless labels.

What is Premco Global Ltd BSE: PREMCO?

Premco Global was established in 1966 in Mumbai by Bhangwandas Harjani. It makes elastic and non-elastic tapes and webbing fabrics. At first, the company made fabric for shirts, but later it began making special tapes and elastics used in clothes, underwear, sportswear, medical products, shoes, car seats, and home items. It has factories in India and Vietnam. Its products include name tapes, medical tapes, strong tapes, and a soft and comfortable elastic called MicroElastic. Big international brands like The Gap, Old Navy, Walmart, and Tesco use its products.

Premco Global Share Price Target

Premco Global Share Price Target 2025

Premco first made fabric for shirts. Then, in the mid to late 1970s, the company changed what it made. It started producing narrow fabrics like elastic and non-elastic tapes. These tapes are used in many things, such as clothes, underwear, sportswear, and medical products. This change helped it to offer more types of products and work with different industries. By focusing on narrow fabrics, Premco became very good at making them. The company improved how the tapes looked, their quality, and could also make special custom orders. In 2025, its share price target would be ₹697, as per stock market analysts.

According to stock market analysts, its share price would be between ₹366 to ₹697 in 2025.

YearMinimum Price (Rs)Maximum Price (Rs)
2025366697
MonthMinimum Price  (Rs)Maximum Price (Rs)
January410464
February366451
March381498
April381450
May405463
June424465
July420500
August407523
September390542
October411580
November478635
December551697

Premco Global Share Price Target 2026

The company started growing in India by opening a factory in Palghar. This helped them make more products and create jobs. Then, they opened another factory in Vapi to make even more because more people wanted their products. They chose these places because it was easy to get there by road, train, and ship. This helped them get materials and send products faster. It didn’t just want to get bigger quickly. They wanted to grow smartly and steadily. Growing like this helped them save money and make customers happy by giving them products on time. In 2026, its share price target would be ₹1025, as per stock market analysts.

Its share price would be between ₹658 to ₹1025 in 2026, as per stock market analysts.

YearMinimum Price (Rs)Maximum Price (Rs)
20266581025
MonthMinimum Price  (Rs)Maximum Price (Rs)
January658735
February675758
March684778
April698811
May712832
June710848
July725874
August757890
September768925
October790952
November854980
December9501025

Share price Target 2027

It built a new factory and testing centre in Dadra to handle more work. The centre has new machines and tools to check product quality. These tools help make sure everything is made well and meets high standards. At first, the centre was only for testing and improving production. But it quickly became very important for the company. By checking products carefully, Premco can promise customers their products work well, last long, and follow all rules. As customers wanted better products, this centre helped it to keep their trust and meet their needs. In 2027, its share price target would be ₹1374, as per stock market analysts.

According to stock market analysts, its share price would be between ₹988 to ₹1374 in 2027.

YearMinimum Price (Rs)Maximum Price (Rs)
20279881374

Share price Target 2028

It opened a big factory in Ho Chi Minh City, Vietnam, because more people from different countries wanted their products. They did this to make products in a cheaper and easier way and to use good trade opportunities for their customers worldwide. The factory in Vietnam grew quickly and hired many workers. It became an important place for making elastic fabrics. It also helped them handle orders from customers faster. In 2028, its share price target would be ₹1740, as per stock market analysts.

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Its share price would be between ₹1347 to ₹1740 in 2028, as per stock market analysts.

YearMinimum Price (Rs)Maximum Price (Rs)
202813471740

Share price Target 2029

The company used to do its office and design work from its old location in Andheri. Recently, it moved to a new, modern office in Lower Parel, Mumbai, which is easier to reach and better connected. This move shows the company’s growth from a combined factory-office setup to a place with separate work areas. The new office has senior staff, design teams, customer service, and admin teams all working together in a clean and modern space. It helps everyone work better, share ideas easily, and stay professional. In 2029, its share price target would be ₹2118, as per stock market analysts.

According to stock market analysts, its share price would be between ₹1700 to ₹2118 in 2029.

YearMinimum Price (Rs)Maximum Price (Rs)
202917002118

Premco Global share price Target 2030

The company has started using machines that save energy, added LED lights, improved how it cleans used water, and installed devices to stop energy from being wasted. It also wants to find new ways to use less oil, gas, and other fossil fuels. These steps show that it knows protecting the environment is important not just for nature, but also to keep the business strong in the future. Being eco-friendly helps save natural resources, lowers costs, and meets global standards. In 2030, its share price target would be ₹2517, as per stock market analysts.

Its share price would be between ₹2078 to ₹2517 in 2030, as per stock market analysts.

YearMinimum Price (Rs)Maximum Price (Rs)
203020782517
MonthMinimum Price  (Rs)Maximum Price (Rs)
January20782180
February20892198
March21002214
April21172242
May21322261
June21302284
July21652325
August21782358
September21902384
October22252414
November22582474
December23142517

Share price Target 2040

It cares about its community. The company has programs to help empower women and even set up a blood donation drive in Vietnam for local hospitals. It focuses on doing good and building trust with people around its workplaces. It also makes sure not to hire anyone under the legal working age and follows strict rules to treat workers fairly. The company allows regular checks to ensure everything is done right. In 2040, its share price target would be ₹5470, as per stock market analysts.

According to stock market analysts, its share price would be between ₹5040 to ₹5470 in 2040.

YearMinimum Price (Rs)Maximum Price (Rs)
204050405470
MonthMinimum Price  (Rs)Maximum Price (Rs)
January50405134
February50525154
March50625178
April50645200
May50845232
June51155257
July51455278
August51845321
September51995352
October52255374
November52585425
December53325470

Share Price Target 2050

It has created a strong system for exporting its products, which has also helped improve how it runs its business. Early on, the company learned about different rules and shipping methods, which helped it get better at making products, checking quality, handling paperwork, and delivering on time. It earned the trust of international customers and also made its local operations better by following global standards, by focusing on being reliable and consistent. In 2050, its share price target would be ₹8990, as per stock market analysts.

Its share price would be between ₹8561 to ₹8990 in 2050, as per stock market analysts.

YearMinimum Price (Rs)Maximum Price (Rs)
205085618990
MonthMinimum Price  (Rs)Maximum Price (Rs)
January85618687
February85748700
March85708725
April85778745
May85908768
June86128784
July86528804
August86848832
September87108858
October87348874
November87658923
December88258990

Should I buy Premco Global stock?

YearMinimum Price (Rs)Maximum Price (Rs)
2025366697
20266581025
20279881374
202813471740
202917002118
203020782517
204050405470
205085618990

The company has been growing, with new factories in India and Vietnam, and works with big brands like Walmart and Tesco. They’re also focusing on being eco-friendly and doing good in the community, which could help them in the future. But the stock price predictions have shown many ups and downs. If you’re okay with some risk, it might be a good choice, especially if you’re looking for a company with a chance to grow over time.

Premco Global earnings results

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +761001289398109112
Expenses +687710279839495
Operating Profit8222614151617
OPM %11%22%20%15%15%14%15%
Other Income +4245643
Interest2222223
Depreciation5555566
Profit before tax5182311131112
Tax %-11%12%24%14%20%13%
Net Profit +616189101010
EPS in Rs13.8942.0950.0828.5330.9928.7830.68
Dividend Payout %14%19%30%52%32%156%

Is Premco Global stock good to buy? (bull case & bear case)

Premco Global share price target

Bull Case:

  • The company made a profit of ₹1,175.7 crore in FY25, which is 26.9% more than last year.
  • It gave ₹12–13 per share to investors in FY25, which is about a 13% return if you bought the stock at ₹100.
  • The company gets steady income from long-term government contracts, some lasting up to 35 years.
  • It has low debt, meaning it doesn’t have to worry much about repaying big loans.
  • The stock price is close to its real value (book value), which lowers the chance of big losses.
  • With India investing more in infrastructure, there are more opportunities for growth in the future.

Bear Case:

  • Most of its income comes from Power Grid contracts, so any changes in this area could be risky.
  • If the government changes its rules or delays payments, it could affect the company’s steady income.
  • The company only focuses on transmission lines and doesn’t have a wide variety of assets, which could be risky.

Conclusion

It makes special fabrics like elastic and non-elastic tapes, which are used in clothes, medical products, and cars. It has grown over time, with factories in India and Vietnam, and works with big brands around the world. The company is also focused on being eco-friendly and helping its local community. The company is financially strong, has low debt, and could grow in the future. If you’re okay with some risk and want a company with good long-term growth potential, it might be a good choice.

FAQs

Yes, it is profitable, with a strong increase in profit year-on-year. The company’s focus on steady income from long-term contracts and its diverse product range support its profitability.

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Yes, it pays dividends to its investors. In FY25, it provided around ₹12–13 per share.

Its P/E ratio is 14.6 as of August 2025.

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