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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comInternational Conveyors Ltd is a leading manufacturer and exporter of conveyor belting products in India, catering to both domestic and international markets. The company has built a strong presence in the mining, cement, steel, and power industries, providing high-quality and reliable conveyor solutions. In this article, we’ll explore International Conveyors Ltd’s share price targets from 2025 to 2030, along with its financial highlights, business overview, and future growth prospects.
| Detail | Value |
|---|---|
| Open | ₹113.20 |
| Previous Close | ₹110.73 |
| Day’s High | ₹114.54 |
| Day’s Low | ₹107.40 |
| 52-Week High | ₹114.54 |
| 52-Week Low | ₹61.20 |
| All Time High | ₹124.75 |
| All Time Low | ₹45.85 |
| Volume | 1,572,177 |
| Value (Lacs) | ₹1,704.87 |
| VWAP | ₹111.41 |
| Beta (Volatility) | 1.36 |
| Market Capitalization | ₹687 Cr |
| Face Value | ₹1 |
| Book Value Per Share | ₹52.48 |
| Dividend Yield | 0.69% |
| 20D Avg Volume | 620,001 |
| 20D Avg Delivery (%) | 35.83% |
The share price of International Conveyors Ltd has been on a steady rise, reflecting strong investor interest and consistent financial performance. The company’s market capitalization of ₹687 crore and a book value per share of ₹52.48 demonstrate its stable fundamentals.
Founded in 1978, International Conveyors Ltd (ICL) is a pioneer in manufacturing and exporting PVC Conveyor Belting, which is widely used for material handling in underground mining and industrial applications. The company’s expertise and adherence to international standards have made it a preferred supplier in global markets like the USA, Australia, and Europe.
Specializes in PVC solid-woven conveyor belting with superior fire resistance and durability.
Global presence across 30+ countries, with a strong export portfolio.
Consistent profitability and healthy dividend payout.
Strong promoter holding of nearly 70%, showing confidence in long-term growth.
Focus on technology and quality assurance, maintaining long-term contracts with reputed clients.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 69.98% |
| Retail & Others | 29.86% |
| Foreign Institutions | 0.16% |
The high promoter holding indicates strong management control and confidence in the company’s future. Retail investors form a significant part of the ownership, which reflects growing interest among individual investors.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 120 | 130 |
| 2026 | 135 | 150 |
| 2027 | 155 | 170 |
| 2028 | 175 | 195 |
| 2029 | 200 | 220 |
| 2030 | 230 | 250 |
These projections are based on the company’s past performance, growth in industrial infrastructure, and increasing global demand for conveyor systems.
The year 2025 is expected to be positive for ICL, supported by steady demand from the mining and cement sectors. With a 52-week high of ₹114.54, the stock is already showing strong momentum.
Why?
Rising export orders from the USA and Australia.
Strong promoter confidence and low debt levels.
Continued government push in infrastructure and mining.
Investment Advice: Long-term investors can accumulate on dips for moderate returns through 2025.
By 2026, ICL is expected to expand its global reach further. Its export revenue is likely to grow due to favorable trade agreements and technology adoption.
Why?
Growing demand for high-strength conveyor belts in mining.
Improvement in operational margins.
Focus on sustainable and eco-friendly product lines.
Investment Advice: Ideal to hold or add more for compounding returns.
ICL’s consistent product quality and global credibility will help it gain more contracts, especially from multinational clients.
Why?
Increase in automation and smart material handling in industries.
Better EPS performance.
Potential rise in exports due to global infrastructure growth.
Investment Advice: Continue holding; expected CAGR around 10–12% annually.
In 2028, the company may expand its manufacturing capacity or set up new plants to meet export demand.
Why?
Expansion of distribution channels in Asia and Africa.
Higher dividend yield and improved financial health.
Government focus on “Make in India” and export incentives.
Investment Advice: Suitable for investors seeking steady growth with dividends.
ICL could emerge as one of India’s leading conveyor belt exporters by 2029.
Why?
Increasing industrialization in emerging markets.
Product diversification and innovation in belt materials.
Enhanced profit margins from high-value exports.
Investment Advice: Continue SIPs and reinvest dividends for compounding benefits.
By 2030, International Conveyors Ltd is expected to become a global player in conveyor technology and exports.
Why?
Strong global network and long-term client relationships.
Technological upgrades to meet safety and efficiency standards.
Consistent revenue growth and cash flow generation.
Investment Advice: Excellent for long-term investors aiming for stability and gradual wealth creation.
Yes, International Conveyors Ltd presents a strong long-term investment opportunity for investors looking for stable, medium-growth industrial stocks. The company’s fundamentals, promoter confidence, and consistent dividend payouts make it a reliable choice in the mid-cap segment.
Consistent revenue and export growth.
Debt-light business model.
Strong promoter holding ensures stability.
Growing demand for mining and material handling solutions globally.
Sustainable dividend yield and good book value.
Fluctuations in export demand and raw material costs.
Market volatility due to global economic slowdown.
Limited diversification outside the conveyor belt segment.
Always consult a certified financial advisor before making investment decisions.
International Conveyors Ltd has shown impressive performance in recent years, supported by robust demand, strong export presence, and efficient operations. With a market capitalization of ₹687 crore, the company remains fundamentally sound and positioned for future growth.
Given its 52-week high of ₹114.54, analysts predict that the stock could touch ₹250 by 2030, provided it maintains profitability and expands globally. For investors seeking long-term gains from India’s industrial growth story, International Conveyors Ltd can be a solid addition to their portfolio.
1. What is the current share price of International Conveyors Ltd?
The current share price of International Conveyors Ltd is around ₹111.41 (VWAP), as of October 2025.
2. What is the 52-week high and low of International Conveyors Ltd?
The 52-week high is ₹114.54, and the 52-week low is ₹61.20.
3. What is the share price target of International Conveyors Ltd for 2025?
The 2025 target is between ₹120 and ₹130, depending on market conditions and earnings growth.
4. Is International Conveyors Ltd a good long-term investment?
Yes, due to its strong promoter holding, consistent dividends, and steady growth in exports.
5. What is the market cap of International Conveyors Ltd?
The current market capitalization is approximately ₹687 crore.
6. How much dividend yield does International Conveyors Ltd offer?
It offers a dividend yield of 0.69%.
7. Who are the major shareholders of International Conveyors Ltd?
Promoters hold 69.98%, while retail investors hold 29.86% and foreign institutions 0.16%.
8. What is the book value per share of International Conveyors Ltd?
The book value per share stands at ₹52.48.
9. What is the beta value of the stock?
The beta is 1.36, indicating moderate volatility.
10. What could be the International Conveyors Ltd share price target for 2030?
The long-term target for 2030 is expected between ₹230 and ₹250, reflecting the company’s growth potential.
Disclaimer: This article is for educational and informational purposes only. It does not constitute financial advice. Always consult a registered financial advisor before making investment decisions.
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