Rattan Power Share Price Target 2025

Share of Rattan India Power Limited is currently trading at around Rs.3/- Existing as well as prospective investors are asking for the Rattan Power Share Price Target 2025 and also the targets for other years from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of the company and based on our discussion and analysis will tell you the Rattan Power Share Price Target  2025 and also the targets from 2023 to 2030.  

Following are the frequently asked questions by the existing as well as prospective investors, about the Rattan India Power Limited:

  • Is RattanIndia Power a good investment?
  • What is the future of rattan power share?
  • What is the price of rattan power share in 2024?
  • Is RattanIndia Power a multibagger?

Discussion & Analysis of Business & Financial performance of Rattan India Power Limited :

RattanIndia Power Limited (RPL) is a leading power generation company in India, with a total installed capacity of 5,220 MW spread across thermal, hydro, and renewable energy sources. The company operates power plants in several states in India, including Maharashtra, Gujarat, Punjab, and Andhra Pradesh.

Financial Performance:

RPL has shown consistent growth in revenue over the years, with a CAGR of 21.7% from FY2017 to FY2021. In FY2021, the company reported a total revenue of INR 3,882 crore, a growth of 9.3% from the previous year. The company has been able to maintain healthy operating margins, with a 28% margin in FY2021. However, RPL has been posting net losses for the last few years, with a net loss of INR 276 crore in FY2021.

The company’s debt levels have been a concern, with debt levels increasing over the years. As of March 2021, the company’s debt stood at INR 9,489 crore, with a debt-to-equity ratio of 3.6. The company has been taking measures to reduce its debt levels, including selling its Nashik plant to JSW Energy and raising funds through a rights issue.

Business Performance:

RPL’s thermal power plants have been the main contributor to its revenue, accounting for around 85% of its total revenue in FY2021. The company’s thermal power plants have been performing well, with a plant load factor (PLF) of 64% in FY2021, higher than the national average of 53%. The company’s hydro and renewable energy plants, on the other hand, have been facing challenges, with lower PLFs due to factors such as low water availability and transmission constraints.

The company has been taking steps to diversify its portfolio and reduce its reliance on thermal power. RPL has been focusing on expanding its renewable energy portfolio, with plans to set up 300 MW of solar power projects in Maharashtra. The company has also signed an MoU with the Government of Maharashtra to develop a 10 MW waste-to-energy plant in Pune.

RPL has also been exploring opportunities in the electric vehicle (EV) space. The company has signed an MoU with the Government of Maharashtra to set up EV charging stations in the state. RPL has also partnered with EV manufacturers to set up charging infrastructure for their customers.

Overall, RattanIndia Power Limited has been performing well in terms of revenue growth and operating margins. However, the company’s net losses and high debt levels are areas of concern. The company’s focus on diversifying its portfolio and reducing its reliance on thermal power is a positive development. RPL’s foray into the EV space is also a promising opportunity for the company.

Rattan Power Share Price Target 2023

Based on the above discussion and analysis, the share price of Rattan Power  may touch the level of around Rs.3.50-4.00 in 2023.

Rattan Power Share Price Target 2024

Based on the above discussion and analysis, the share price of Rattan Power  is likely to touch the level of around Rs.4.50-5.00 in 2024

Rattan Power Share Price Target 2025

Based on the above discussion and analysis, the share price of Rattan Power  is likely to remain in the range of Rs.5.50-6.00 in 2025.

Rattan Power Share Price Target 2026

Based on the above discussion and analysis, the share price of Rattan Power  may touch the level of around Rs.6.50-7.00 in 2026.

Rattan Power Share Price Target 2027

Based on the above discussion and analysis, the share price of Rattan Power  is likely to touch the level of around Rs.7.50-8.00 in 2027

Rattan Power Share Price Target 2028

Based on the above discussion and analysis, the share price of Rattan Power  is likely to remain in the range of Rs.8.50-9.00 in 2028

Rattan Power  Share Price Target 2029

Based on the above discussion and analysis, the share price of Rattan Power is likely to touch the level of around Rs.9.50-10.00 in 2029

Rattan Power Share Price Target 2030

Based on the above discussion and analysis, the share price of Rattan Power is likely to remain in the range of Rs.10.50-11.00 in 2030

Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.

Also Read :

Author

3 thoughts on “Rattan Power Share Price Target 2025”

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Verified by MonsterInsights