One of India’s top integrated power firms, TATA POWER has a significant presence in the production, transmission, and distribution of electricity. With a diverse portfolio of operations covering renewable energy, power trading, and power distribution, the company has established itself as a major participant in the Indian power market throughout the years. Due to India’s rising need for power, TATA POWER has been concentrating on boosting its capacity for renewable energy, which is anticipated to fuel the company’s growth in the upcoming years.
In this article, we will examine the share price target for the TATA POWER from 2023 to 2030, taking into account a number of variables that might have an effect on the company’s financial performance.
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Tata Power in recent news
- Tata Power has declared a final dividend of Rs 2 per share, and the ex-dividend date was set for June 7th.
- Tata Power has successfully operationalized a solar project with a capacity of 150 MW in Rajasthan.
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Residents of Mumbai are shifting their electricity service provider preference from Tata Power to Adani Electricity.
Tata Power Share Price Target 2023
Tata Power SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
June 2023 | ₹246.40 | ₹205.08 |
July 2023 | ₹245.68 | ₹201.29 |
August 2023 | ₹259.25 | ₹199.42 |
September 2023 | ₹272.21 | ₹209.39 |
October 2023 | ₹259.25 | ₹199.42 |
November 2023 | ₹285.17 | ₹219.36 |
December 2023 | ₹319.39 | ₹245.69 |
Tata Power’s share price target for 2023 is expected to fluctuate between ₹319.39 and ₹199.42.
In June 2023, the share price is expected to rebound back to the range seen in April 2023, with a maximum of ₹246.40 and a minimum of ₹205.08.
From July 2023, the share price is forecasted to rise steadily, with a maximum target of ₹285.17 in November 2023 and a minimum of ₹199.42 in August 2023.
The highest share price target for Tata Power for the year 2023 is expected to be ₹319.39 in December 2023, while the lowest is projected to be ₹125.90 in May 2023.
Overall, these projections suggest that the share price of Tata Power may experience some fluctuations throughout 2023, but there is potential for positive returns for investors over the year.
Tata Power Share Price Target 2024
Tata Power Share
Price Target 2024 |
Maximum Price | Minimum Price |
January 2024 | ₹336.20 | 1037.03 |
February 2024 | ₹377.76 | ₹314.80 |
March 2024 | ₹397.64 | ₹323.28 |
April 2024 | ₹361.49 | ₹278.07 |
May 2024 | ₹301.24 | ₹231.72 |
June 2024 | ₹361.49 | ₹278.07 |
July 2024 | ₹307.27 | ₹238.19 |
August 2024 | ₹337.99 | ₹268.25 |
September 2024 | ₹354.89 | ₹272.99 |
October 2024 | ₹417.52 | ₹321.17 |
November 2024 | ₹438.40 | ₹337.23 |
December 2024 | ₹447.16 | ₹343.97 |
Looking at the data for 2024, it is apparent that TATA POWER share price target is predicted to continue fluctuating throughout the year. The maximum price target for the year is expected to be ₹447.16 in December 2024, while the minimum price is projected to be ₹231.72 in May 2024.
In February 2024, the share price target is predicted to fluctuate between ₹377.76 and ₹314.80, while in March 2024, it is expected to range between ₹397.64 and ₹323.28. April 2024 is expected to see a maximum price target of ₹361.49 and a minimum of ₹278.07, similar to June 2024.
In October 2024, the share price is expected to experience a significant surge, with a maximum target of ₹417.52 and a minimum of ₹321.17. Similarly, November 2024 is predicted to see a substantial increase, with a maximum target of ₹438.40 and a minimum of ₹337.23.
The share price targets suggest that TATA POWER COMPANY’s share price may be volatile in 2024, but there are still opportunities for positive returns, with the highest share price target being ₹447.16 in December 2024.
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Tata Power Share Price Target 2025
Tata Power Share Price Target 2025 | Maximum Price | Minimum Price |
January 2025 | ₹456.11 | ₹350.85 |
February 2025 | ₹480.11 | ₹369.32 |
March 2025 | ₹504.12 | ₹387.78 |
April 2025 | ₹450.11 | ₹346.24 |
May 2025 | ₹409.19 | ₹314.76 |
June 2025 | ₹450.11 | ₹346.24 |
July 2025 | ₹428.67 | ₹329.75 |
August 2025 | ₹446.53 | ₹343.49 |
September 2025 | ₹468.86 | ₹360.66 |
October 2025 | ₹496.99 | ₹382.30 |
November 2025 | ₹531.78 | ₹409.06 |
December 2025 | ₹542.42 | ₹417.24 |
Tata Power’s share price target is predicted to continue its upward trend from the previous year. The maximum share price target for the year is expected to be ₹542.42 in December 2025, while the minimum is projected to be ₹314.76 in May 2025. In January 2025, the share price target is expected to fluctuate between ₹456.11 and ₹350.85, while in February 2025, it is predicted to range between ₹480.11 and ₹369.32.
March 2025 is expected to see a maximum price target of ₹504.12 and a minimum of ₹387.78. Similarly, April 2025 and June 2025 are projected to have a maximum price target of ₹450.11 and a minimum of ₹346.24. The share price target is expected to gradually increase throughout the year, with a maximum price target of ₹531.78 and a minimum of ₹409.06 in November 2025.
The share price targets suggest that TATA POWER share price is expected to rise in 2025, with the highest share price target being ₹542.42 in December 2025.
Tata Power Share Price Target 2026 to 2030
Tata Power Share
Price Target By |
Maximum Price | Minimum Price |
2026 | ₹379.69 | ₹265.78 |
2027 | ₹322.74 | ₹225.92 |
2028 | ₹580.93 | ₹406.65 |
2029 | ₹1,193.32 | ₹835.32 |
2030 | ₹1,328.92 | ₹930.25 |
In 2026, the maximum price is expected to reach ₹379.69, while the minimum price is predicted to be ₹265.78. Moving on to 2027, the maximum and minimum prices are forecasted to be ₹322.74 and ₹225.92, respectively. The year 2028 is expected to see a significant jump in the share price target, with the maximum price reaching ₹580.93 and the minimum price being ₹406.65.
In 2029, the share price target seems to soar high, with the maximum and minimum prices being ₹1,193.32 and ₹835.32, respectively.
Finally, in 2030, the share price target is expected to remain bullish, with the maximum price predicted to be ₹1,328.92 and the minimum price being ₹930.25. These numbers suggest that the future of TATA POWER looks promising, and it is expected to grow exponentially in the coming years.
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FINANCIAL STRENGTH OF TATA POWER COMPANY (2019 TO 2023)
Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
---|---|---|---|---|---|
Sales (Rs. Crores) | 29,881 | 29,136 | 32,703 | 42,816 | 55,109 |
Expenses (Rs. Crores) | 26,811 | 23,847 | 25,747 | 35,785 | 47,381 |
Operating Profit (Rs. Crores) | 3,070 | 5,289 | 6,956 | 7,031 | 7,728 |
Other Income (Rs. Crores) | 7,186 | 3,796 | 1,739 | 2,486 | 5,540 |
Interest (Rs. Crores) | 4,170 | 4,494 | 4,010 | 3,859 | 4,372 |
Depreciation (Rs. Crores) | 2,393 | 2,634 | 2,745 | 3,122 | 3,439 |
Profit Before Tax (Rs. Crores) | 3,693 | 1,958 | 1,941 | 2,535 | 5,457 |
Net Profit (Rs. Crores) | 2,606 | 1,316 | 1,439 | 2,156 | 3,810 |
Earnings Per Share (EPS) | 8.71 | 3.76 | 3.53 | 5.45 | 10.44 |
Please note that all figures are in Rs. Crores.
Expenses: While expenses have also increased over the years, the growth rate is relatively lower compared to sales. This suggests a relatively efficient cost management strategy by the company.
Operating Profit: Tata Power has demonstrated fluctuating operating profits, ranging from Rs. 3,070 crores in 2019 to Rs. 7,728 crores in 2023. Although there were ups and downs, the overall trend shows an improvement in operating profitability.
Other Income: The company has seen fluctuations in other income, but there has been a significant increase from Rs. 1,739 crores in 2021 to Rs. 5,540 crores in 2023. This indicates that Tata Power has diversified its income sources and earned substantial gains from other activities.
Net Profit: Tata Power’s net profit has varied over the years, ranging from Rs. 1,316 crores in 2020 to Rs. 3,810 crores in 2023. While there have been fluctuations, the company has managed to maintain profitability overall.
Earnings Per Share (EPS): The EPS has shown an increasing trend from Rs. 3.76 in 2020 to Rs. 10.44 in 2023. This indicates improved profitability on a per-share basis.
Tata Power has demonstrated growth in sales, effective cost management, and improved profitability over the last five years. The company’s focus on diversifying its income sources is evident from the increase in other income. However, it is essential to consider the specific factors and industry dynamics that may have influenced these financial figures for a comprehensive evaluation of the company’s performance.
FAQ’s
What is the trend in TATA POWER’s revenue growth over the last five years?
The trend in Tata Power’s revenue growth over the last five years (2019 to 2023) is positive. Here’s a summary of the revenue figures:
- Mar 2019: Rs. 29,881 crores
- Mar 2020: Rs. 29,136 crores
- Mar 2021: Rs. 32,703 crores
- Mar 2022: Rs. 42,816 crores
- Mar 2023: Rs. 55,109 crores
From these numbers, we can observe a consistent growth in revenue year after year. The revenue has increased from Rs. 29,881 crores in 2019 to Rs. 55,109 crores in 2023.
This signifies a positive revenue growth trend for Tata Power over the five-year period.
What is the trend in TATA POWER COMPANY’s operating profit margin over the last five years?
The trend in Tata Power Company’s operating profit margin over the last five years (2019 to 2023) has been somewhat fluctuating. Here’s a summary of the operating profit margin (OPM) figures:
- Mar 2019: 10%
- Mar 2020: 18%
- Mar 2021: 21%
- Mar 2022: 16%
- Mar 2023: 14%
From these numbers, we can observe some variation in the operating profit margin year to year. The operating profit margin has experienced ups and downs, ranging from 10% in 2019 to 21% in 2021. However, it decreased to 14% in 2023. While the operating profit margin has shown some volatility, it remained within a range of 10% to 21% over the five-year period.
What is the trend in TATA POWER’s net profit margin over the last five years?
Let’s look at the net profit margin figures:
- Mar 2019: 8.71%
- Mar 2020: 3.76%
- Mar 2021: 3.53%
- Mar 2022: 5.45%
- Mar 2023: 10.44%
From these numbers, we can observe some fluctuation in the net profit margin over the years. The net profit margin decreased from 8.71% in 2019 to 3.76% in 2020, indicating a decline in profitability. However, there was a slight increase in 2022, with the net profit margin reaching 5.45%. Notably, in 2023, the net profit margin significantly improved to 10.44%, representing a substantial increase in profitability.
The trend in Tata Power’s net profit margin has shown variability over the last five years, with both declines and increases. It is important to consider the specific factors and industry dynamics that may have influenced these margin fluctuations for a comprehensive evaluation of the company’s profitability.
What is the significance of TATA POWER COMPANY’s financial statement for investors?
TATA POWER’s financial statement provides crucial information on the company’s financial health, growth potential, and profitability. Investors can use this information to make informed decisions about buying, selling, or holding TATA POWER COMPANY’s shares.
What is Tata Power share price target for 2025?
Tata Power share price target for 2025 suggest the share might be trading in between Rs.314.76 and Rs.542.42
What is Tata Power share price target for 2030?
Tata Power share price target for 2030 suggest the share might be trading in between Rs.930.25 and Rs.1,328.92.
CONCLUSION
According to TATA POWER COMPANY’s financial filings for the previous five years, both sales and profit have shown tremendous rise.
- Revenue Growth: Tata Power Company has shown consistent revenue growth over the last five years. The sales figures have increased from Rs. 29,881 crores in 2019 to Rs. 55,109 crores in 2023, representing a compound annual growth rate (CAGR) of approximately 16.9% over the period.
- Profitability: The operating profit margin (OPM) has fluctuated over the years, ranging from 7% in 2016 to 21% in 2021. The average OPM for the five-year period stands at approximately 15.4%. The net profit margin (NPM) has also varied, with a low of 3.53% in 2021 and a high of 10.44% in 2023.
- Operating Efficiency: Tata Power’s operating expenses have been relatively stable, with a slight increase from Rs. 22,114 crores in 2017 to Rs. 35,785 crores in 2022. The company’s operating profit (EBIT) has ranged from Rs. 2,105 crores in 2016 to Rs. 7,031 crores in 2022, reflecting variations in operating efficiency over the years.
- Other Income: Tata Power’s other income has seen significant fluctuations, with the highest figure recorded at Rs. 7,186 crores in 2019 and the lowest at Rs. 1,739 crores in 2021. The five-year average for other income is approximately Rs. 3,157 crores.
- Earnings Per Share (EPS): The EPS has shown an increasing trend, rising from Rs. 3.76 in 2020 to Rs. 10.44 in 2023. The average EPS for the five-year period stands at approximately Rs. 5.58.
- Debt and Interest: The interest expenses have ranged from Rs. 3,236 crores in 2016 to Rs. 4,494 crores in 2020. The company’s debt levels can be assessed by considering the interest coverage ratio, which is the ratio of operating profit to interest expenses. The average interest coverage ratio for the five-year period is approximately 1.96, indicating a relatively comfortable ability to cover interest payments.
The results have been inconsistent, however from 2022, things are looking positive for Tata Power share holders. I personally do not hold Tata Power in my portfolio, but you can include for a very small amount.