Piccadily Agro Industries Limited is a diversified agro-industrial company primarily engaged in the production of alcoholic beverages, sugar, and co-generated power. Based in India, the company focuses on sustainable business practices by integrating agriculture with industrial processing. Piccadily Agro is committed to delivering high-quality products while contributing to rural development and environmental sustainability. As of November 29, 2024, the Piccadily Agro share price on the NSE is ₹756. Below are the projected Piccadily Agro share price target for the years 2025, 2030, 2035 And 2040.
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Piccadily Agro Company Overview
Incorporated in 1994, Piccadily Agro Industries Limited operates in three main business segments: distillery operations, sugar production, and power generation through renewable means. The company’s distillery produces a wide range of alcoholic beverages, including grain-based and molasses-based spirits, catering to both domestic and international markets. Piccadily Agro focuses on leveraging modern technologies and innovative practices to enhance production capacity and maintain quality standards. Through its diversified portfolio, the company aims to strengthen its market presence and create value for stakeholders while promoting sustainable growth in India’s agro-industrial sector.
Company type | Public Ltd |
Traded as | BSE: 530305 |
Industry | Breweries & Distilleries |
Sector | Alcoholic Beverages |
Founded Year | 1994; 30 years ago |
Founder | Siddhartha Sharma |
Headquarters | Haryana, India |
Area served | India |
Key people | Rajan Talwar (Director)Harvinder Singh Chopra (M.D & CEO) |
Products | Malt SpiritsEthanolExtra Neutral Alcohol (ENA)CO2White crystal sugar |
Revenue | ₹827 crore (FY24) |
Net income | ₹125 crore (FY24) |
Market Cap. | ₹7136 crore (2024) |
Number of employees | 324 (2024) |
Website | https://www.piccadily.com/ |
Piccadily Agro Share Price Target 2025-2040 Forecast
Year | Year High Target (₹) | Year Low Target (₹) | Year-End Target (₹) |
2024 | ₹910 | ₹250 | ₹800 |
2025 | ₹1090 | ₹450 | ₹980 |
2026 | ₹1300 | ₹670 | ₹1150 |
2027 | ₹1550 | ₹950 | ₹1290 |
2028 | ₹1820 | ₹1130 | ₹1540 |
2029 | ₹2160 | ₹1410 | ₹1780 |
2030 | ₹2510 | ₹1780 | ₹2090 |
2035 | ₹4330 | ₹1950 | ₹3650 |
2040 | ₹5980 | ₹3250 | ₹5010 |
Technical Analysis for Piccadily Agro
Piccadily Agro Share Price Target 2025
Year | 1st Target | 2nd Target |
2025 | 980 | 1090 |
Piccadily Agro, a key player in the agro-processing industry, is expected to benefit from increasing demand for processed agricultural products and government support for the agricultural sector. The company’s strong operational capabilities and focus on innovation position it for robust growth. For 2025, the first target share price is projected at ₹980, with a second target of ₹1090.
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Piccadily Agro Share Price Target 2026
Year | 1st Target | 2nd Target |
2026 | 1180 | 1300 |
By 2026, Piccadily Agro is anticipated to capitalize on market expansion and enhanced production efficiency, boosting its performance. The first target share price is estimated at ₹1180, with a second target of ₹1300, reflecting its upward growth trajectory.
Piccadily Agro Share Price Target 2027
Year | 1st Target | 2nd Target |
2027 | 1410 | 1550 |
With growing demand for agro-based products and Piccadily Agro’s commitment to operational excellence, the company is expected to achieve significant growth by 2027. The first target share price is projected at ₹1410, with a second target of ₹1550, showcasing its strong market presence.
Piccadily Agro Share Price Target 2028
Year | 1st Target | 2nd Target |
2028 | 1700 | 1820 |
Piccadily Agro is poised for further growth by 2028, driven by increasing adoption of processed agricultural goods and its focus on sustainability. The first target share price is estimated at ₹1700, with a second target of ₹1820, reflecting its consistent progress.
Piccadily Agro Share Price Target 2029
Year | 1st Target | 2nd Target |
2029 | 1950 | 2160 |
By 2029, Piccadily Agro’s strategic initiatives and market expansion are expected to yield substantial returns. The first target share price is projected at ₹1950, with a second target of ₹2160, showcasing its ability to deliver value to stakeholders.
Piccadily Agro Share Price Target 2030
Year | 1st Target | 2nd Target |
2030 | 2380 | 2510 |
Piccadily Agro is anticipated to maintain its strong growth momentum by 2030, leveraging its market expertise and innovation. The first target share price is estimated at ₹2380, with a second target of ₹2510, highlighting its sustained success in the industry.
Piccadily Agro Share Price Target 2035
Year | 1st Target | 2nd Target |
2035 | 3800 | 4330 |
In the long term, Piccadily Agro is expected to solidify its position as a market leader in agro-processing, driven by its focus on innovation and quality. By 2035, the first target share price is projected at ₹3800, with a second target of ₹4330, underscoring its significant growth potential.
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Piccadily Agro Share Price Target 2040
Year | 1st Target | 2nd Target |
2040 | 5550 | 5980 |
By 2040, Piccadily Agro is likely to benefit from advancements in agro-processing technologies and growing global demand for processed agricultural products. The first target share price is estimated at ₹5550, with a second target of ₹5980, reflecting its robust long-term growth prospects.
Piccadily Agro Fundamentals
Metric | Value |
Market Cap | ₹7,136 Cr |
P/E Ratio (TTM) | 56.91 |
P/B Ratio | 11.84 |
Industry P/E | 76.81 |
Debt to Equity | 0.35 |
Return on Equity (ROE) | 16.96% |
EPS (TTM) | 13.29 |
Dividend Yield | 0.00% |
52 Week High | ₹210 |
52 Week Low | ₹910 |
Book Value | 63.91 |
Face Value | 10 |
Piccadily Agro Ltd Financial Results
Value In ₹Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
Sales | 488 | 572 | 598 | 742 | 827 |
Expenses | 437 | 503 | 537 | 592 | 656 |
Operating Profit | 52 | 69 | 62 | 150 | 171 |
OPM % | 11% | 12% | 10% | 20% | 21% |
Other Income | 3 | 1 | 1 | 30 | 32 |
Interest | 16 | 14 | 13 | 16 | 17 |
Depreciation | 13 | 15 | 16 | 18 | 17 |
Profit before tax | 25 | 41 | 33 | 146 | 168 |
Tax % | 29% | 29% | 30% | 25% | |
Net Profit | 18 | 29 | 22 | 110 | 125 |
EPS in Rs | 1.90 | 3.10 | 2.37 | 11.63 | 13.29 |
Dividend Payout % | 26% | 3% | 0% | 0% |
Source: https://www.screener.in/company/530305/consolidated/#profit-loss
Piccadily Agro Balance Sheet
Value In ₹Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
Equity Capital | 95 | 95 | 95 | 94 | 94 |
Reserves | 91 | 112 | 137 | 245 | 509 |
Borrowings | 125 | 135 | 154 | 172 | 209 |
Other Liabilities | 198 | 187 | 207 | 228 | 178 |
Total Liabilities | 509 | 529 | 593 | 739 | 990 |
Fixed Assets | 135 | 144 | 195 | 218 | 254 |
CWIP | 46 | 52 | 32 | 42 | 100 |
Investments | 62 | 59 | 61 | 61 | 60 |
Other Assets | 265 | 273 | 305 | 419 | 576 |
Total Assets | 509 | 529 | 593 | 739 | 990 |
Source: https://www.screener.in/company/530305/consolidated/#balance-sheet
Piccadily Agro Ltd Shareholding Pattern
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
Promoters | 70.90% | 70.96% | 70.97% | 70.97% | 70.97% |
FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.88% |
DIIs | 1.72% | 0.00% | 0.00% | 0.10% | 0.03% |
Public | 27.38% | 29.04% | 29.02% | 28.92% | 28.13% |
No. of Shareholders | 10,166 | 21,710 | 27,838 | 51,172 | 70,619 |
Source: https://www.screener.in/company/530305/consolidated/#shareholding
Piccadily Agro Peers comparison
Sector: Alcoholic Beverages | Industry: Breweries & Distilleries | ||||
Name | P/E | Mar Cap ₹Cr. | Div Yld% | NP Qtr ₹Cr. | ROCE% |
United Spirits | 77.36 | 111219.22 | 0.59 | 341.00 | 27.87 |
United Breweries | 109.20 | 51571.22 | 0.51 | 132.33 | 13.49 |
Radico Khaitan | 113.73 | 32883.02 | 0.12 | 82.19 | 13.16 |
Allied Blenders | 153.33 | 9419.24 | 0.00 | 48.45 | 15.76 |
Tilaknagar Inds. | 43.46 | 7891.92 | 0.12 | 58.23 | 22.00 |
Piccadily Agro | 69.81 | 7135.82 | 0.00 | 24.64 | 29.59 |
India Glycols | 20.37 | 3950.34 | 0.63 | 49.71 | 10.98 |
Median: 18 Co. | 42.64 | 2280.52 | 0.06 | 18.36 | 15.12 |
Source: https://www.screener.in/company/530305/consolidated/#peers
FAQs
Q1. Piccadily Agro Share Price Target 2025?
Ans: The share price target for Piccadily Agro in 2025 is expected to reach ₹980 as the first target and ₹1090 as the second target. These targets reflect the company’s robust market presence and growth potential.
Q2. Piccadily Agro Share Price Target 2026?
Ans: By 2026, the share price is projected to achieve ₹1180 as the first target and ₹1300 as the second target, driven by increased operational efficiency and revenue growth.
Q3. Piccadily Agro Share Price Target 2027?
Ans: In 2027, Piccadily Agro’s share price is anticipated to reach ₹1410 as the first target and ₹1550 as the second target, showcasing consistent performance in the agro-based sector.
Q4. Piccadily Agro Share Price Target 2028?
Ans: The share price for 2028 is expected to hit ₹1700 as the first target and ₹1820 as the second target, reflecting steady advancements in the company’s business strategies.
Q5. Piccadily Agro Share Price Target 2029?
Ans: For 2029, the share price is forecasted to achieve ₹1950 as the first target and ₹2160 as the second target, driven by strong financial performance and market expansion.
Q6. Piccadily Agro Share Price Target 2030?
Ans: By 2030, Piccadily Agro’s share price is expected to reach ₹2380 as the first target and ₹2510 as the second target, signaling sustainable growth over the long term.
Q7. Piccadily Agro Share Price Target 2035?
Ans: In 2035, the share price is estimated to achieve ₹3800 as the first target and ₹4330 as the second target, reflecting significant long-term growth potential.
Q8. Piccadily Agro Share Price Target 2040?
Ans: By 2040, Piccadily Agro’s share price is projected to reach ₹5550 as the first target and ₹5980 as the second target, highlighting robust expansion and market leadership in the agro sector.
Q9. Who is the current CEO of Piccadily Agro?
Ans: The CEO of Piccadily Agro Industries Limited is Harvinder Singh Chopra. He leads the company’s expansion and strategic initiatives in India and globally.
Q10. What products does Piccadily Agro manufacture?
Ans: The company produces:
Ethanol for industrial and fuel purposes.
Premium malt spirits, including the Indri-Trini single malt whisky.
ENA for liquor production.
High-quality Indian and international-style whiskies and rums.

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