Here, we are going to share NB Footwear Share Price Target 2025 to 2040 on the basis of its fundamental and technical analysis.
Founded in 1987, NB Footwear Ltd. is a public limited company headquartered in Vellore, Tamil Nadu, India.
It operates primarily in the leather and footwear industry, specializing in tanning, processing, manufacturing, and selling leather goods and footwear.
Though the company has faced challenges with limited operational activities in recent years, its stock continues to trade, and it remains an established name in India’s footwear sector.
If you are planning to invest in NB Footwear Ltd company then the information shared in this blog can be very beneficial for you.
NB Footwear Company Overview
- Founded: 1987
- Headquarters: Vellore, Tamil Nadu, India
- Industry: Leather and Footwear
- Stock Listing: BSE (523242)
- Market Capitalization: ₹18.43 Cr (2024)
- Current Share Price: ₹13.65 (as of 26 September, 2024)
- Free-Float: 48.18%
NB Footwear Share Key Information
| Company Name | NB Footwear Ltd |
| Headquarters | Vellore, Tamil Nadu |
| Sectors | Leather and Footwear |
| Market Cap | ₹ 18.43 Cr. |
| No. of Shares | 1.35 Cr. |
| Book Value | ₹ -1.80 |
| Dividend Yield | 0% |
| ROCE | 0% |
| ROE | 0% |
| Face Value | ₹10 |
| Sales Growth | 0% |
| Profit Growth | 16.88% |
NB Footwear Business Sector
NB Footwear Ltd is engaged in multiple business activities related to the leather and footwear industry.
The company processes hides and skins, manufactures various leather goods, and produces footwear products.
It has expanded into importing, exporting, and acting as agents and representatives in the industry.
However, the company has recently shown limited business activity, reflecting minimal operational revenue.
Board Members
- Kannan Adhikesavan Yadav – Chief Executive Officer (CEO)
- Subramaniam Krishnan – Director of Finance (CFO)
- Shyamala Subramanian – Comptroller/Controller
- Rajen Kapil Desai – Director/Board Member
NB Footwear Share Quarterly Results
| PARTICULARS | Mar 2024 | Jun 2024 |
|---|---|---|
| Net Sales | 0 | 0 |
| Total Expenditure | 0.03 | 0.07 |
| Operating Profit | -0.03 | -0.07 |
| Other Income | 0 | 0 |
| Interest | 0 | 0 |
| Depreciation | 0 | 0 |
| Exceptional Items | 0 | 0 |
| Profit Before Tax | -0.03 | -0.07 |
| Tax | 0 | 0 |
| Profit After Tax | -0.03 | -0.07 |
| Adjusted EPS (Rs) | -0.02 | -0.05 |
NB Footwear Company Profits and Losses
| PARTICULARS | Mar 2023 | Mar 2024 |
|---|---|---|
| Net Sales | 0 | 0 |
| Total Expenditure | 0.23 | 0.19 |
| Operating Profit | -0.23 | -0.19 |
| Other Income | 0 | 0 |
| Interest | 0 | 0 |
| Depreciation | 0 | 0 |
| Exceptional Items | 0 | 0 |
| Profit Before Tax | -0.23 | -0.19 |
| Tax | 0 | 0 |
| Net Profit | -0.23 | -0.19 |
| Adjusted EPS (Rs.) | -0.17 | -0.14 |
NB Footwear Share Price Target 2025-2040
| Year | Initial Target | Year-End Target |
|---|---|---|
| 2025 | ₹14.50 | ₹15.56 |
| 2026 | ₹15.68 | ₹16.45 |
| 2027 | ₹16.58 | ₹17.70 |
| 2028 | ₹17.75 | ₹19.20 |
| 2029 | ₹19.35 | ₹21.20 |
| 2030 | ₹21.36 | ₹23.50 |
| 2035 | ₹27.35 | ₹30.50 |
| 2040 | ₹40.25 | ₹50.50 |
NB Footwear Share Price Target 2025
| Year/Month | Predicted Target |
|---|---|
| January 2025 | ₹14.50 |
| February 2025 | ₹14.70 |
| March 2025 | ₹14.85 |
| April 2025 | ₹14.96 |
| May 2025 | ₹14.88 |
| June 2025 | ₹14.93 |
| July 2025 | ₹14.99 |
| August 2025 | ₹15.10 |
| September 2025 | ₹15.25 |
| October 2025 | ₹15.39 |
| November 2025 | ₹15.45 |
| December 2025 | ₹15.56 |
NB Footwear Share Price Target 2026
| Year/Month | Predicted Target |
|---|---|
| January 2026 | ₹15.68 |
| February 2026 | ₹15.79 |
| March 2026 | ₹15.83 |
| April 2026 | ₹15.91 |
| May 2026 | ₹15.99 |
| June 2026 | ₹15.92 |
| July 2026 | ₹16.02 |
| August 2026 | ₹16.21 |
| September 2026 | ₹16.32 |
| October 2026 | ₹16.22 |
| November 2026 | ₹16.31 |
| December 2026 | ₹16.45 |
NB Footwear Share Price Target 2027
| Year/Month | Predicted Target |
|---|---|
| January 2027 | ₹16.58 |
| February 2027 | ₹16.69 |
| March 2027 | ₹16.82 |
| April 2027 | ₹16.77 |
| May 2027 | ₹16.91 |
| June 2027 | ₹16.99 |
| July 2027 | ₹17.10 |
| August 2027 | ₹17.32 |
| September 2027 | ₹17.25 |
| October 2027 | ₹17.36 |
| November 2027 | ₹17.50 |
| December 2027 | ₹17.70 |
NB Footwear Share Price Target 2028
| Year/Month | Predicted Target |
|---|---|
| January 2028 | ₹17.75 |
| February 2028 | ₹17.93 |
| March 2028 | ₹18.02 |
| April 2028 | ₹18.23 |
| May 2028 | ₹18.35 |
| June 2028 | ₹18.28 |
| July 2028 | ₹18.52 |
| August 2028 | ₹18.75 |
| September 2028 | ₹18.92 |
| October 2028 | ₹18.88 |
| November 2028 | ₹18.99 |
| December 2028 | ₹19.20 |
NB Footwear Share Price Target 2029
| Year/Month | Predicted Target |
|---|---|
| January 2029 | ₹19.35 |
| February 2029 | ₹19.65 |
| March 2029 | ₹19.52 |
| April 2029 | ₹19.69 |
| May 2029 | ₹19.83 |
| June 2029 | ₹19.95 |
| July 2029 | ₹20.10 |
| August 2029 | ₹20.45 |
| September 2029 | ₹20.65 |
| October 2029 | ₹20.87 |
| November 2029 | ₹20.95 |
| December 2029 | ₹21.20 |
NB Footwear Share Price Target 2030
| Year/Month | Predicted Target |
|---|---|
| January 2030 | ₹21.36 |
| February 2030 | ₹21.59 |
| March 2030 | ₹21.98 |
| April 2030 | ₹22.02 |
| May 2030 | ₹21.85 |
| June 2030 | ₹22.50 |
| July 2030 | ₹22.36 |
| August 2030 | ₹22.68 |
| September 2030 | ₹22.78 |
| October 2030 | ₹22.95 |
| November 2030 | ₹23.10 |
| December 2030 | ₹23.50 |
NB Footwear Share Price Target 2035
| Year/Month | Predicted Target |
|---|---|
| January 2035 | ₹27.35 |
| April 2035 | ₹27.98 |
| July 2035 | ₹28.65 |
| October 2035 | ₹29.20 |
| December 2035 | ₹30.50 |
NB Footwear Share Price Target 2040
| Year/Month | Predicted Target |
|---|---|
| January 2040 | ₹40.25 |
| April 2040 | ₹42.36 |
| July 2040 | ₹44.85 |
| October 2040 | ₹47.30 |
| December 2040 | ₹50.50 |
NB Footwear Shareholding Pattern
| Terms | Percentage |
|---|---|
| Promoters | 37.89% |
| FIIs | 0% |
| DIIs | 0% |
| Others | 0% |
| Public | 62.11% |
NB Footwear Company Competitors
- Liberty Shoes
- Khadim India
- Lehar Footwear
- Mirza International
Bull Case of NB Footwear (Reasons to Invest)
Legacy Brand: Established reputation in the leather and footwear industry since 1987.
Significant Stock Growth: The company’s stock has shown remarkable growth recently, with a 130% year-to-date increase, reflecting renewed investor interest.
Low Debt: The company has minimal debt, allowing for potential strategic partnerships or future growth without significant financial burdens.
Bear Case of NB Footwear (Risks Involved)
Limited Business Operations: NB Footwear has shown minimal operational activity and no significant revenue in recent years, which could limit its long-term growth.
Negative Earnings: The company has consistently posted losses, with negative EPS and profitability, raising concerns about financial sustainability.
Competitive Industry: The leather and footwear industry is highly competitive, and without innovation or market expansion, NB Footwear could struggle to remain relevant
NB Footwear Share Price Target: FAQ
What will be the target of NB Footwear Share for the year 2025?
By the end of the year 2025, its share price can reach ₹15.56.
What will be the target of NB Footwear Share for the year 2026?
By the end of the year 2026, its share price can reach ₹16.45.
What will be the target of NB Footwear Share for the year 2027?
By the end of the year 2027, its share price can reach ₹17.70.
What will be the target of NB Footwear Share for the year 2028?
By the end of the year 2028, its share price can reach ₹19.20.
What will be the target of NB Footwear Share for the year 2029?
By the end of the year 2029, its share price can reach ₹21.20.
What will be the target of NB Footwear Share for the year 2030?
By the end of the year 2030 its share price can reach ₹23.50.
What is the Current market cap of NB Footwear company?
At present the market cap of this company is ₹ 18.43Cr.
What is the NSE symbol of NB Footwear company?
This company is not listed in NSE.
What is the BSE symbol of NB Footwear company?
The symbol of this company in BSE exchange is 523242.
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