Share of Focus Lighting & Fixtures Limited is currently trading at around Rs.75/-Investors are asking for the Focus Lighting Share Price Target 2026, 2030, 2035 and 2040. 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 Focus Lighting Share Price Target 2026, 2030, 2035 and 2040
Discussion & Analysis of Business & Financial performance with future business prospects of Focus Lighting & Fixtures Ltd:
Focus Lighting & Fixtures Ltd (NSE: FOCUS) is currently at a critical transition point. After several years of explosive growth, the company is navigating a phase of consolidation while aggressively shifting its focus from retail lighting to large-scale infrastructure and public sector projects.
Current Business Position
As of late 2025, Focus Lighting holds a specialized niche in the innovative LED lighting and fixtures market, with a market capitalization of approximately ₹500–530 crore. The company has established a reputation for “design-led” lighting solutions, serving high-end retail brands like Croma, Raymond, and Shoppers Stop.
Key Financial Status:
- Balance Sheet Health: One of the company’s primary strengths is its virtually debt-free status. It maintains a healthy interest coverage ratio and a strong liquidity position (Current Ratio ~3.0).
- Recent Performance: Following a stellar FY2023–24, the company has seen a temporary dip in revenue and profitability. For the trailing twelve months (TTM), sales and net profit have faced downward pressure due to a project-based revenue model, which can lead to “lumpy” earnings.
- Infrastructure Shift: A defining feature of its current position is the strategic pivot toward Public Sector Undertakings (PSUs) and infrastructure projects.
Recent Project Successes
The company has successfully demonstrated its ability to win and execute significant government and institutional contracts:
- Kankaria Lake Project: In November 2025, the company secured a ₹10.11 crore order for architectural lighting at Ahmedabad’s historic Kankaria Lake.
- Municipal Contracts: It has recently won contracts from the Gandhinagar Municipal Corporation (₹1.88 crore) and significant orders from infrastructure giants like PSP Projects and L&T.
- Experience Centers: The company has invested in high-tech “Light Interpretation Centres” in Mumbai and Ahmedabad to showcase its R&D capabilities to institutional buyers.
Future Business Prospects
The long-term outlook for Focus Lighting is tied to India’s urban redevelopment and the global push for energy efficiency.
1. Growth in “Smart City” and Public Infrastructure
With the Indian government’s focus on urban aesthetics and smart city initiatives, Focus Lighting is well-positioned to capture the demand for architectural and outdoor lighting. Its recent empanelment with the Gujarat Government serves as a gateway for more public sector work.
2. Product Diversification and High-End Design
The company continues to collaborate with international designers (such as Belgian industrial designer Sege Cornelissen) to launch premium product lines like the Razor Outdoor Bollard. This focus on “design-first” products allows them to maintain higher margins than commodity LED manufacturers.
3. Improving Operational Efficiency
Management has indicated a focus on resolving current challenges, specifically payment collection from channel partners and streamlining revenue recognition. If successful, this will stabilize cash flows and improve the Return on Equity (ROE), which historically has been strong (3-year average >20%).
4. Risks to Watch
- Project Dependency: The shift to large-scale projects makes revenue more volatile compared to stable retail sales.
- Input Costs: Fluctuations in raw material costs and reliance on imported components (brand ‘TRIX’) can impact margins.
Share Price Targets:
Focus Lighting Share Price Target 2026
Based on the above discussion and analysis, the share price of Focus Lighting Ltd may touch the level of around Rs.85-90 in 2026
Focus Lighting Share Price Target 2030
Based on the above discussion and analysis, the share price of Focus Lighting Ltd may touch the level of around Rs.175-180 in 2030
Focus Lighting Share Price Target 2035
Based on the above discussion and analysis, the share price of Focus Lighting Ltd may touch the level of around Rs.375-400 in 2035
Focus Lighting Share Price Target 2040
Based on the above discussion and analysis, the share price of Focus Lighting Ltd may touch the level of around Rs.800-850 in 2040
Disclaimer: Investment in Capital Market/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 & Educational 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.
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