Resourceful Automobile Share Price Target 2025, 2030, 2040, 2050
The Indian car market is developing quickly, and Resourceful Automobile Ltd. (BOM: RAL) is noted for its various “Sawhney Automobile” two-wheelers.
Founded in 2018, Resourceful Automobile has swiftly garnered market share by offering high-quality goods at affordable costs.
- 1 What is Resourceful Automobile Ltd. (BOM: RAL)?
- 2 Fundamental Analysis
- 3 Resourceful Automobile Share Price Target 2025
- 4 Resourceful Automobile Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 Resourceful Automobile Share Price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Resourceful Automobile stock?
- 12 Resourceful Automobile Ltd. Earnings Results
- 13 Expert Forecasts on the Future of Resourceful Automobile Ltd.
- 14 Is Resourceful Automobile Stock Good to Buy?
- 15 Conclusion
- 16 FAQs
What is Resourceful Automobile Ltd. (BOM: RAL)?
Resourceful Automobile Ltd. is an Indian company that sells Yamaha two-wheelers. It offers a comprehensive range of commuter bikes, sports bikes, cruisers, and scooters to cater to various customer needs.
Despite having only eight employees and two showrooms, the company recent Rs 12 crore IPO received an overwhelming response, with over 500 times or Rs 4,800 crore subscriptions.
Fundamental Analysis
| Factor | Impact |
| Economic Growth | Positive |
| Industry Trends | Positive |
| Competitive Landscape | Moderate |
| Management Quality | Positive |
| Financial Strength | Moderate |
Resourceful Automobile wants to strengthen its two-wheeler market position this year. The firm is competitively resilient and adaptable. In 2025, its share price target would be ₹86.80, as per our analysis.
By our prediction, its share price would be between ₹37.45 to ₹86.80 in 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 37.45 | 86.80 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 48.72 | 62.73 |
| February | 46.29 | 58.08 |
| March | 47.94 | 56.18 |
| April | 42.14 | 62.80 |
| May | 37.45 | 66.54 |
| June | 44.57 | 68.24 |
| July | 49.35 | 70.25 |
| August | 52.64 | 72.64 |
| September | 54.69 | 74.58 |
| October | 57.78 | 78.66 |
| November | 60.87 | 83.47 |
| December | 68.25 | 86.80 |
In 2026, its share price target would be ₹126.02, as per our analysis.
By our prediction, its share price would be between ₹68.25 to ₹126.02 in 2026.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 68.25 | 126.02 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 68.25 | 87.75 |
| February | 73.54 | 91.74 |
| March | 75.66 | 93.65 |
| April | 78.26 | 95.45 |
| May | 81.64 | 98.48 |
| June | 83.28 | 106.54 |
| July | 85.71 | 109.27 |
| August | 88.55 | 113.65 |
| September | 90.45 | 115.79 |
| October | 93.54 | 120.47 |
| November | 108.65 | 122.47 |
| December | 115.64 | 126.02 |
In 2027, its share price target would be ₹165.75, as per our analysis.
By our prediction, its share price would be between ₹115.64 to ₹165.75 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 115.64 | 165.75 |
In 2028, its share price target would be ₹162.80, as per our analysis.
By our prediction, its share price would be between ₹162.80 to ₹204.90 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 162.80 | 204.90 |
In 2029, its share price target would be ₹244.21, as per our analysis.
By our prediction, its share price would be between ₹201.06 to ₹244.21 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 201.06 | 244.21 |
In 2030, Resourceful Automobile is predicted to have considerably solidified its place in the market. The company’s dedication to innovation and sustainability will most certainly provide positive results. In 2030, its share price target would be ₹280.51, as per our analysis.
By our prediction, its share price would be between ₹240.29 to ₹280.51 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 240.29 | 280.51 |
In 2040, its share price target would be ₹633.22, as per our analysis.
By our prediction, its share price would be between ₹580.23 to ₹633.22 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 580.23 | 633.22 |
In 2050, its share price target would be ₹1073.81, as per our analysis.
By our prediction, its share price would be between ₹1009.67 to ₹1073.81 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 1009.67 | 1073.81 |
Should I buy Resourceful Automobile stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 37.45 | 86.80 |
| 2026 | 68.25 | 126.02 |
| 2027 | 115.64 | 165.75 |
| 2028 | 162.80 | 204.90 |
| 2029 | 201.06 | 244.21 |
| 2030 | 240.29 | 280.51 |
| 2040 | 580.23 | 633.22 |
| 2050 | 1009.67 | 1073.81 |
Resourceful Automobile stock has pros and cons. The stock has fluctuated due to market uncertainty regarding its business plan and development prospects.
With ₹16.53 crore in sales and ₹1.52 crore in net profit for the year ending February 2024, the financials are promising but need prudence. Before investing, investors should weigh the two wheeler market development potential against competition and market volatility.
Resourceful Automobile Ltd. Earnings Results
Resourceful Auto Ltd. has routinely achieved good financial performance, demonstrating its capacity to overcome automotive sector problems. Quality, innovation, and customer happiness have increased the company sales and profit margins.
| Particulars | As of 31 March 2022 (₹ in lakhs) | As of 31 March 2023 (₹ in lakhs) | As of 29 February 2024 (₹ in lakhs) |
| Revenue | 1,250.10 | 1,938.26 | 1,723.64 |
| Equity | 74.78 | 163.56 | 315.78 |
| Expenses | 1,211.49 | 1,878.37 | 1,518.65 |
| Profit After Tax | 38.61 | 59.89 | 204.99 |
| Diluted EPS | 5.75 | 4.27 | 9.33 |
| Return on Net Worth (RONW) (%) | 38.42 | 25.37 | 48.21 |
| NAV per Equity Share (₹) | 14.96 | 16.81 | 19.36 |
| Total Assets | 1,008.58 | 1,000.49 | 1,451.41 |
| Total Liabilities | 933.80 | 836.93 | 1,135.63 |
| Debt Equity Ratio | 9.01 | 4.57 | 3.14 |
| Current Ratio (times) | 2.35 | 5.68 | 2.80 |
| Inventory Turnover Ratio | 4.23 | 4.06 | 2.88 |
Expert Forecasts on the Future of Resourceful Automobile Ltd.
According to industry experts and analysts, Resourceful Automobile future looks bright. The company growth in the future years will be driven by its strong brand positioning, innovative product range, and emphasis on sustainability.
Is Resourceful Automobile Stock Good to Buy?
Bull Case
- Promising future in the rapidly developing two wheeler industry.
- Rising interest in EVs is in line with current worldwide tendencies.
- Goodwill toward the brand and satisfaction among consumers.
- Plans for strategic growth to enhance market presence.
- Strong sales growth and solid financial performance.
Bear Case
- Rivalry from well known car manufacturers is fierce.
- Customers may be hesitant to spend money during economic downturns.
- The automobile business needs help with regulations.
- Production is affected by interruptions in the supply chain.
- The fluctuating pricing of raw materials impacts profit margins.
Conclusion
Resourceful Automobile Ltd. can benefit from India and global demand for two wheeler vehicles. Quality, innovation, and sustainability will help the organization succeed. The stock is tempting, but investors should consider their risk tolerance and objectives before investing.
