Shri Dinesh Mills Share Price Target 2025, 2026, 2030, 2040, 2050
Shri Dinesh Mills is a textile company located in Vadodara, Gujarat, India. It is a composite mill, which means it does everything from using raw materials to making finished fabric. The company makes smooth and strong wool fabrics used in men’s clothing like suits and trousers, special felts used in making paper, and other industrial fabrics like dryer screens and filter cloth. It also makes fibre and asbestos felts and sells its products.
- 1 What is Shri Dinesh Mills Ltd NSE: SHRIDINE?
- 2 Share Price Target Tomorrow
- 3 Shri Dinesh Mills Share price Target 2025
- 4 Shri Dinesh Mills Share Price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 Shri Dinesh Mills share price Target 2030
- 9 Share price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Shri Dinesh Mills stock?
- 12 Shri Dinesh Mills earnings results
- 13 Is Shri Dinesh Mills stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Shri Dinesh Mills Ltd NSE: SHRIDINE?
Shri Dinesh Mills was established in 1935 and is situated in Vadodara. It is owned by the Lalbhai Group. The company runs a big textile factory that makes fabrics for suits, special cloth for paper-making machines, and other materials. It has been selling its products in India and other countries for many years. The company also makes empty capsules used in medicines and health products through another company called Dinesh Remedies Limited. In addition to textiles, it also produces some industrial chemicals. The special cloth that it makes for paper mills is developed using the help of a Canadian company, Albany International.
For the long time the stock hall fallen. Recently it tried to rise up but could not continoue. After reaching to its all time high price in 2022, the stock has shown very strong bearish move. For the buying the stock you should wait for the trend reveral first.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
Tomorrow | -12 | +23 |
Shri Dinesh Mills has a mixed financial performance. The company has very little debt and regularly gives good dividends to its shareholders. But its main business has not grown much, and most of its profits come from other sources, not from selling its products. This makes the company’s earnings lower. But also, the stock is cheaper than its actual worth, and the company is financially stable; it is facing problems like slow sales and delays in getting paid or managing inventory. In 2025, its share price target would be ₹520, as per our analysis.
By our prediction, its share price would be between ₹203 to ₹520 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 203 | 520 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 355 | 407 |
February | 275 | 392 |
March | 275 | 307 |
April | 262 | 349 |
May | 302 | 338 |
June | 312 | 342 |
July | 280 | 330 |
August | 236 | 389 |
September | 230 | 410 |
October | 254 | 435 |
November | 288 | 458 |
December | 390 | 520 |
It is a textile company that includes spinning the yarn, weaving the cloth, finishing it, and getting it ready for use. The company makes fabric for men’s clothing, as well as special materials used in industries. It also makes paper-makers’ felts with the help of a Canadian company. Because all the work is done in-house, the company keep better control over the quality, saves money, and delivers products faster. In 2026, its share price target would be ₹843, as per our prediction.
Its share price would be between ₹475 to ₹843 in 2026, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 475 | 843 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 475 | 587 |
February | 490 | 610 |
March | 521 | 627 |
April | 565 | 650 |
May | 578 | 670 |
June | 580 | 697 |
July | 612 | 711 |
August | 620 | 725 |
September | 629 | 742 |
October | 652 | 785 |
November | 700 | 810 |
December | 754 | 843 |
It makes special fabrics called worsted suiting fabrics. These fabrics are made by mixing wool with other materials like polyester or Lycra. The company sells these fabrics under the “Dinesh” brand to businesses that make men’s clothes, local brands, and buyers from other countries. People like these fabrics because they are comfortable, strong, and have good-looking qualities that are important for formal clothes. In 2027, its share price target would be ₹1162, as per our analysis.
By our prediction, its share price would be between ₹800 to ₹1162 in 2027.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 800 | 1162 |
It makes special industrial fabrics like paper-makers’ felts, dryer fabrics, and filtering materials. They work with a company from Canada to make these advanced felt products. These fabrics are used in tough places like paper factories, mineral processing plants, and filtration systems because they need to be strong, keep their shape, and resist heat. The company sells these products under names like “Dinflo” or “Dinpa.” In 2028, its share price target would be ₹1490, as per our prediction.
Its share price would be between ₹1110 to ₹1490 in 2028, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 1110 | 1490 |
It did well financially, showing good growth in sales and total income. Profits nearly doubled because the company managed its costs better and earned money from other areas, not just textiles. This also made its overall financial position stronger. In the most recent quarter, sales, earnings, and profits went up a lot. Overall, the company’s performance shows a strong recovery and steady improvement. In 2029, its share price target would be ₹1812, as per our analysis.
By our prediction, its share price would be between ₹1452 to ₹1812 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 1452 | 1812 |
The company’s profits improved a lot, mainly because it managed costs well. This strong growth in profit shows that the company is doing well, even when the textile market goes through ups and downs. It also has very little debt, a strong balance between what it owns and owes, and enough cash to meet its needs. Overall, the company is in a strong financial position, which helps it run smoothly, grow in the future, and handle any challenges that come up. In 2030, its share price target would be ₹2117, as per our analysis.
By our prediction, its share price would be between ₹1767 to ₹2117 in 2030.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 1767 | 2117 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1767 | 1890 |
February | 1784 | 1925 |
March | 1820 | 1952 |
April | 1847 | 1975 |
May | 1868 | 1984 |
June | 1885 | 2000 |
July | 1910 | 2021 |
August | 1934 | 2037 |
September | 1952 | 2052 |
October | 1975 | 2074 |
November | 1991 | 2090 |
December | 2014 | 2117 |
It has been giving good returns to its shareholders by paying high dividends, even while spending money to grow the business. These strong payments show that the company is earning well, has enough extra cash, and cares about rewarding its investors. This steady dividend policy makes it attractive to people who want regular income from their investments. Also, the company works with Albany International, a Canadian company, to improve its industrial textiles. In 2040, its share price target would be ₹4668, as per our prediction.
Its share price would be between ₹4325 to ₹4668 in 2040, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 4325 | 4668 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 4325 | 4410 |
February | 4437 | 4441 |
March | 4351 | 4457 |
April | 4365 | 4478 |
May | 4384 | 4490 |
June | 4400 | 4510 |
July | 4424 | 4532 |
August | 4452 | 4578 |
September | 4484 | 4600 |
October | 4512 | 4620 |
November | 4545 | 4641 |
December | 4580 | 4668 |
It makes more than just textile products. It also makes paper-making felts, which are special fabrics used in the paper manufacturing process, dryer fabrics, filters, chemicals, and salts used in metal work. These extra products help bring in more money and also support the main textile business. For example, some chemicals are used to treat fabrics or metals. Even though textiles are still the main focus, having different types of products helps the company stay strong when the textile market goes up and down. In 2050, its share price target would be ₹7748, as per our prediction.
Its share price would be between ₹7411 to ₹7748 in 2050, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 7411 | 7748 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 7411 | 7552 |
February | 7445 | 7575 |
March | 7472 | 7590 |
April | 7490 | 7621 |
May | 7514 | 7634 |
June | 7527 | 7652 |
July | 7554 | 7678 |
August | 7578 | 7690 |
September | 7589 | 7710 |
October | 7610 | 7725 |
November | 7642 | 7752 |
December | 7660 | 7748 |
Should I buy Shri Dinesh Mills stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 203 | 520 |
2026 | 475 | 843 |
2027 | 800 | 1162 |
2028 | 1110 | 1490 |
2029 | 1452 | 1812 |
2030 | 1767 | 2117 |
2040 | 4325 | 4668 |
2050 | 7411 | 7748 |
The company that makes fabrics for clothes and other industries. It doesn’t have much debt and gives regular dividends, which means it is in good financial health. But its main business isn’t growing much, and a lot of its profit comes from other sources, not just from selling its products. The share price is low compared to what the company is worth, which could be a good thing. Still, because the company is not growing fast and the stock price has been falling, it’s safer to wait until the business shows clear signs of improvement before thinking about buying the stock.
Shri Dinesh Mills earnings results
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
Sales + | 65.06 | 72.76 | 88.62 | 96.57 | 99.24 | 66.53 |
Expenses + | 64.66 | 59.17 | 71.70 | 85.61 | 92.04 | 58.41 |
Operating Profit | 0.40 | 13.59 | 16.92 | 10.96 | 7.20 | 8.12 |
OPM % | 0.61% | 18.68% | 19.09% | 11.35% | 7.26% | 12.21% |
Other Income + | 7.60 | 4.80 | 25.50 | 25.39 | 60.30 | 7.61 |
Interest | 0.82 | 0.82 | 0.65 | 1.40 | 1.93 | 0.77 |
Depreciation | 7.05 | 5.89 | 5.17 | 5.77 | 5.33 | 3.02 |
Profit before tax | 0.13 | 11.68 | 36.60 | 29.18 | 60.24 | 11.94 |
Tax % | -469.23% | 8.56% | 10.74% | 17.72% | 22.59% | 32.41% |
Net Profit + | 0.74 | 10.68 | 32.68 | 24.02 | 46.63 | 8.07 |
EPS in Rs | 2.08 | 17.53 | 53.62 | 42.58 | 90.26 | 18.91 |
Dividend Payout % | 144.55% | 28.51% | 13.99% | 23.48% | 33.23% | 10.58% |
Key Metrics
TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
17.13 | 0.82 | 0.65% | 38.31 | 6.24 | 0.72% |
Peers & Comparison
Stock | PE Ratio | PB Ratio | Dividend Yield |
Shri Dinesh Mills Ltd | 16.30 | 0.82 | 0.65% |
KPR Mill Ltd | 49.83 | 8.12 | 0.42% |
Aditya Birla Real Estate Ltd | -152.93 | 6.34 | 0.09% |
Vedant Fashions Ltd | 49.43 | 11.99 | 1.01% |
Is Shri Dinesh Mills stock good to buy? (bull case & bear case)

Bull Case:
- The company has lowered its debt and now has almost no debt.
- The stock is priced at about 0.89 times its book value, which could mean it’s a good deal.
- It pays a good dividend of around 22.4%.
- The time it takes to collect money from customers (debtor days) has improved from 47.0 days to 29.3 days.
Bear Case:
- The company’s sales have grown, only 0.45% in the last five years.
- The return on equity (ROE), which shows how well the company uses money invested by shareholders, is low at 5.79% over the last three years.
- Some of the company’s profits come from other income of Rs. 7.61 crore, which may not be from regular business.
Conclusion
It is an old and trusted company that makes good wool clothes and special fabrics for industries like paper-making. It pays regular dividends to its investors and doesn’t have much debt, which means it’s financially healthy. But its main business isn’t growing much, and a big part of its profits comes from other sources, not just selling products. The stock price is lower than what the company is actually worth, so it might be a good deal. Overall, the company has some good points, but it’s smart to wait for signs that things are getting better before buying the stock.