Rattan Power Share Price Target 2025: This article is going to mainly focus on Rattan Power Share Price Target 2023, 2024, 2025, 2026, 2028, 2030, 2040 to 2050. Along with this, we will also discuss the company’s Fundamental, sentiment, Income Report, Share Price history, and Quarterly Report. Our analysis will help investors in taking the right decision.
About Rattan Power
RattanIndia Power Limited is an Indian company engaged in energy generation and distribution. It is a leading private sector power generation company, established in 2007. It has two thermal power plants, one in Nashik and the other in Amravati. Both power plants have a capacity of 2,700 MW. RattanIndia company came into existence in 2014 from the division of IndiaBulls. This company is spread over 2400 acres which produces 23.6 billion units every year.
Amravati power plant was commissioned in 2015, due to debt, its 15% equity was given to Goldman Sachs Varde partners in exchange for Rs 4050 crore. The company was also involved in solar energy but that component was sold to GIP in September 2020 for Rs 1067 crore.
The company focuses on delivering reliable and efficient power while adhering to environmental and operational standards. It has established itself as a significant contributor to India’s energy needs, aiming to drive growth through operational excellence and innovative practices in the power sector.
Rattan Power Fundamental
Rattan Power is a leading private sector power generation company in India. It is a small market cap company with ₹6987 crore. The company is listed on both NSE and BSE with the code RTNPOWER and 533122 respectively. The company has a reserve and surplus of Rs -789.89 crore, (negative indicates accumulated losses).
The company has shown revenue of 3705 crores with 4.10% growth and annual profit of 8897 crores with 375.77% growth. But the company is in loss for the last three years. Its return on equity (ROE) is -10.43% (negative) indicating loss and return on capital employed (ROCE) is 8.39% which is a meager return relative to capital employed.
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The company’s P/E ratio (TTM) of 0.69 is extremely low compared to the industry average of 24.34, which indicates low valuation or lack of investor confidence. The P/B ratio of 1.57 indicates fair valuation compared to book value. Its EPS (TTM) is ₹18.94, which indicates strong earnings per share potential. However, the company is focusing on reinvesting earnings for growth rather than paying dividends.
| Description | Value |
|---|---|
| Company Name | RattanIndia Power Ltd. |
| Sector | Power Generation/Distribution |
| Established | 2007 |
| Website | rattanIndiapower.com |
| Listing At | BSE, NSE |
| BSE Code | 533122 |
| NSE Code | RTNPOWER |
| Mkt Cap | ₹6987Cr |
| Reserves and Surplus | -789.89 Cr |
| ROE | -10.43% |
| ROCE | 8.39% |
| 52 Week High | ₹21.10 |
| 52 Week Low | ₹7.90 |
| P/E Ratio (TTM) | 0.69 |
| Industry P/E | 24.34 |
| P/B Ratio | 1.57 |
| Face Value | 10 |
| Book Value Per Share | 8.30 |
| EPS (TTM) | 18.94 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.78 |
| Total Revenue | 3705Cr |
| Revenue Growth | 4.10% |
| Net Profit (Anual) | 8897Cr |
| Profit Growth | 375.77% |
Returns in Past Year
| Year | Returns (%) |
|---|---|
| 2023 | 127.85% |
| 2022 | -46.62% |
| 2021 | 214.89% |
| 2020 | 23.68% |
| 2019 | -44.93% |
| 2018 | -56.05% |
| 2017 | 13.77% |
| 2016 | -35.81% |
| 2015 | 5.04% |
| 2014 | 21.34% |
| 2013 | -43.45% |
| 2012 | 70.59% |
| 2011 | -70.79% |
| 2010 | -16.38% |
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Rattan Power Share Price Target 2023
The current sentiment of Rattan Power is showing buy. the Rattan Power share price target 2023 is going to be between Rs 3 to Rs 10.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹3 | ₹10 |
Rattan Power Share Price Target 2024
The current sentiment of Rattan Power is showing buy. the Rattan Power share price target 2024 is going to be between Rs 7 to Rs 14.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹7 | ₹14 |
Rattan Power Price Target 2025
According to market experts, the Rattan Power share price target 2025 is going to be between Rs 8 to Rs 16.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹8 | ₹16 |
Rattan Power Share Price Target 2026
According to market experts, the price target of Rattan Power for 2026 is going to be between Rs 10 to Rs 21.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹10 | ₹21 |
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Rattan Power Share Price Target 2028
According to market experts, the price target of Rattan Power for 2028 is going to be between Rs 18 to Rs 32.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹18 | ₹32 |
Rattan Power Share Price Target 2030
According to market experts, Rattan Power Share Price Target 2030 is going to be between Rs 29 to Rs 45.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹29 | ₹45 |
Rattan Power Share Price Target 2040
According to the past trend of the company, Rattan Power Share Price Target 2040 is going to be between Rs 110 to Rs 136.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹110 | ₹136 |
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Rattan Power Share Price Target 2050
According to the past trend of the company, Rattan Power Share Price Target 2050 is going to be between Rs 235 to Rs 276.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹235 | ₹276 |
Strengths
- The company has made good profits in the last financial year but before that the company has been in loss for many years.
- The operating profit margin has increased by 26.80% in the last two quarters (September 2024).
- The company’s annual EPS growth is high.
- The company’s ROA is increasing.
- The company is reducing its debt, its debt to equity ratio is 0.78 which is within the acceptable limit.
- The promoters hold 44.06% stake, which shows confidence in the company.
- The P/E ratio of 0.69 is lower than the industry average suggesting undervaluation, which may attract value investors.
Risks
- Mutual funds have reduced their stake in the last quarter.
- The company has been in losses for the last three years except FY 2024.
- The company’s accumulated reserves and surplus is ₹-789.89 crore, indicating accumulated losses.
- The company’s ROE is -10.43% (negative) which indicates that the company is not generating returns for equity shareholders.
- The company’s net profit declined from ₹91.51 crore in June 2024 to ₹-2.83 crore in September 2024, indicating volatility in earnings.
- The company is unable to pay dividends which may discourage income-focused investors.
- The company’s net profit margin was negative in this quarter.
- Retail investors hold 44.97% stake, which may increase volatility in stock price movements.
Sentiment
The current sentiment of Rattan Power is showing strong bearish. It is trading below 8 out of 8 Moving Averages and also trading below 7 out of 9 Oscillators in bearish zone.
Technical Indicator
According to Investing.com, 2 out of 11 technical indicators are giving buy signal, 5 are giving sell and 4 are giving neutral signal.
| Action | Indicator |
|---|---|
| Buy | 2 |
| Hold | 4 |
| Sell | 5 |
Rattan Power Share Price History
RattanIndia Power was listed on the Indian Stock Exchange on 30 October 2009 at around Rs 39.50. Since listing, its stock has fluctuated several times and reached Rs 8.80 in 2011. Thereafter, its stock continued to fluctuate and fell to Rs 1 in August 2019.
After August 2019, its stock witnessed a rapid growth, in the next two years, its stock witnessed a growth of 111% and 145%. Today, RattanIndia Power’s stock is trading at Rs 13.11. In the last 5 years, the company’s stock has grown by 648%. In the last 1 year, 6 months, and 1 month, its stock has grown by 29%, -0.46% and -14.17% respectively.
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Rattan Power Quarterly Report
| Description | Sep 24 | Jun 24 | Mar 24 | Dec 23 |
| Revenue + | ₹780.64Cr. | ₹1026Cr. | ₹1004Cr. | ₹896.69Cr. |
| Expenses + | ₹783.47Cr | ₹934Cr. | ₹904.10Cr. | ₹835.52Cr. |
| EBITDA | ₹182.91Cr | ₹273.10Cr. | ₹285.96Cr. | ₹262.74Cr. |
| EBIT | ₹120.93Cr | ₹212.27Cr. | ₹-1020Cr. | ₹202.40Cr. |
| Net Profit | ₹-2.83 Cr | ₹91.51Cr. | ₹-1094Cr. | ₹46.20Cr. |
| Operating Profit Margin | 26.80% | 29.31% | -104.95% | 32.58% |
| Net Profit Margin | -0.41% | 9.82% | 16.50% | 5.73% |
| Earning Per Share | ₹-0.01 | ₹0.17 | ₹-2.03Cr. | ₹0.09 |
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 |
Rattan Power Income Report
| Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|
| Total Revenue | ₹3705Cr | ₹3559Cr | ₹3669Cr | ₹2634Cr |
| Total Expenses | ₹5463Cr | ₹5409Cr | ₹5213Cr | ₹3576Cr |
| Profit/Loss | ₹8897Cr | ₹-1870Cr | ₹-1981Cr | ₹-941.86Cr |
Rattan Power Share Price Target 2023, 2024 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2023 | ₹3 | ₹10 |
| 2024 | ₹7 | ₹14 |
| 2025 | ₹8 | ₹16 |
| 2026 | ₹10 | ₹21 |
| 2028 | ₹18 | ₹32 |
| 2030 | ₹29 | ₹45 |
| 2040 | ₹110 | ₹136 |
| 2050 | ₹235 | ₹276 |
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Rattan Power Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 44.06% |
| Other Domestic Institutions | 6.53% |
| Retail and Others | 44.97% |
| Foreign Institutions | 4.39% |
| Mutual Funds | 0.04% |
| Total | 100.00% |
How to Buy Rattan Power Shares?
Buying and selling of Rattan Power can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- groww
- Angel One
- upstox
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Rattan Power Share Price Target: Export Opinion
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Conclusion
RattanIndia Power Limited has weak fundamentals. Barring the last financial year, the company has been incurring losses for the past several years and is unable to generate any profit. The company is facing significant challenges in return on equity, profitability, depletion of reserves and earnings stability. Its low valuation P/E ratio indicates either a turnaround opportunity or market skepticism. Long term investors should invest in RattanIndia Power very carefully.
Disclaimer– Please note that all the information given here is for general information purpose only and not for investment purposes. Therefore, before investing in any share, take advice from a certified market expert. If you invest, you will be responsible for your profits and losses.
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Q1. What is the Rattan Power share price target 2025?
Ans: 2025 price target of Rattan Power will be between Rs.8 to Rs.16.
Q2. What is the Rattan Power share price target 2030?
Ans: Rattan Power will trade between Rs 29 and Rs 45 in 2030.
Q3. What is the Rattan Power share price target 2024?
Ans: 2024 price target of Rattan Power will be between Rs.7 to Rs.14.
Q4. What is the Rattan Power share price target 2040?
Ans: 2040 price target of Rattan Power will be between Rs.110 to Rs.136.
Q5. What is the Rattan Power share price target 2050?
Ans: 2050 price target of Rattan Power will be between Rs.235 to Rs.276.
Q6. What is the Rattan Power share price target 2023?
Ans: 2023 price target of Rattan Power will be between Rs.3 to Rs.10.