Tata Power Share Price Target 2023, 2024, 2025-2030: Investing in future renewable Energy?

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As an investor or trader are you curious about Tata Power Share Price target 2023,2024, 2025-2030 ? then your are at right place. In this post we are going to cover each and every factor that will impact Tata power share price for future. Let’s get started…

What is Tata Power

Tata Power is an Indian multinational company engaged in the generation, transmission, and distribution of electricity. It is one of the largest power generation companies in India and has a diverse portfolio of power plants, including hydroelectric, thermal, solar, and wind power plants.

 The company also has a presence in the transmission and distribution of electricity and is involved in various projects in India and around the world.

In addition to its core business, Tata Power also has interests in other sectors, including renewable energy, infrastructure development, and defense.

Tata Power Share Price Target 2023, 2025-2030
Tata Power Share Price Target 2023, 2024, 2025-2030

History of Tata Power

It was founded in 1911 by Dorabji Tata, the founder of the Tata Group, as the Tata Hydroelectric Power Supply Company. The company began operations in 1915 with the commissioning of the first hydroelectric power plant in India, located in Khopoli, Maharashtra.

Tata Power share price prediction: Technical analysis

On 7th April 2022 Tata power share price touched all time high of 298 rupees, from there the the share is continuously corrected and now the Tata power share is trading at it’s important support level.

Tata Power Share chart

The range of 190 to 200 is a strong support for Tata power share. But you must remember that the share had already touched this support level 3 times before it. Now it’s the 4th time when the stock is trading near its support level.

If the tata power share breaks its current support level then, Tata power share next target would be around 175, which might be seen in January 2023 and next target could be 140 for the year 2023.

If the tata power share respect this level and bounce back to upside then then next target for the Tata power share would be 219 and 230.

Tata Power Share Price Target 2023

Year Tata Power Share Price in 2023
2023₹175 to ₹140
Tata Power Share Price Target 2023 Table

Tata Power Share Price Target 2024-2025

Tata Power share price target for 2024 and 2025 could be evaluated based on fundamental analysis of the stock.

Key Points:

  • Renewable Energy Generation: 3,400 MW Installed generation capacity
  • Conventional Energy Generation: 10,115 MW Installed conventional generation capacity
  • Transmission : 3,552 Ckm Total transmission line capacity
  • Distribution : 12.3 million Total customers served
  • EV Charging Infrastructure: 2,200+ Public EV charging points installed across 352 cities
  • Solar Rooftop: 950 MW Solar rooftop project executed
  • Manufacturing: 1,135 MW Manufacturing capacity of Solar cells & modules
  • EPC Large Projects: 9.7 GWp Projects executed and under pipeline

Based on above factors we can see some up move in Tata power share price, so the next target for Tata power share price 2024 would be ₹250 and  ₹280.

Tata Power Share Price Target 2024

Year Tata Power Share Price in 2024
2024₹250 to ₹280
Tata power share price target 2024 table

Charging station for Electric Vehicle would be a great turning point for Tata Power Share Price because they have already announced that they  will establish “1 lakh Electric Vehicle charging stations by 2025”, therefore the first target for tata power share would be ₹310and the second target would be ₹345. I would like to clarify these are the conservative target , so tata power share could move ahead of its given target.

Tata Power Share Price Target 2025

Year Tata Power Share Price Target 2025
2025₹310 to ₹345
Tata power share price target 2025 table

Company Vision:


Going forward, the company wants to increase its capacity concentration from thermal sources to clean energy sources.
It aims to expand its clean and green capacity to 60% of total by 2025, 80% by 2030 and achieve carbon neutrality by phasing out of thermal projects by the year 2050.

Ambitions for next 5 years

  • To produce  more than 30GW generation capacity
  • To reduce net debt to equity ratio  to 1.5x
  • To product more than 20GW RE Capicity
  • To increase Return on equity more than 12%
  • To generate revenue more than ₹25K crore from m EPC, rooftop and pump verticals
  • To serve more than 40 million customers

Notable solar projects executed

  • World’s largest solar rooftop installation of 12 MW for RSSB-EES, Amritsar (single location, multi-roof)
  • World’s largest solar rooftop installation on a cricket stadium of 820.8 kWp at Cricket Club of India, Mumbai
  • India’s largest solar carport of 2.67 MW at Cochin International Airport Limited (CIAL)
  • Floating solar projects at Nellore and Kayamkulam

Tata Power Share Price Target 2030

As in their vision Tata power announced they aims to expand its clean and green capacity to 60% of total by 2025, 80% by 2030 and achieve carbon neutrality by phasing out of thermal projects by the year 2050.

But a heavy debt on Tata Power is a major concerned that we should not forget, so next conservative target for  the year 2030 would goes to ₹650 and ₹780.

Tata Power Share Price Target 2030

Year Tata Power Share Price in 2030
2030₹650 to ₹780
Tata power share price target 2030 table

Fundamentals of Tata Power

Tata Power is a publicly traded company and its financial performance can be evaluated using various financial metrics. Here are some key financial fundamentals of the company:

Tata Power Official website: www.tatapower.com

Tata Power performance in FY2022:

Tata power performance
Tata power performance in FY2022
Revenue:

Tata Power’s revenue is primarily generated from the sale of electricity to its customers. The company’s revenue has been steadily increasing over the years, with a compound annual growth rate of around 5% over the past decade. Tata power delivered revenue for financial year 2021-22 is ₹42,576 crore from its operation, which is a 28% growth.

Net income:

Tata Power’s net income is the profit earned by the company after deducting all expenses, including operating expenses, interest expenses, and taxes. The company’s net income has been relatively stable over the past few years. For financial year 2021-22, Tata power reported ₹2156 crore PAT, which is a 50% growth,  whereas the EBITDA was ₹8191 crore.

 Earnings per share (EPS):

This is a measure of the profitability of a company and is calculated by dividing the net income by the number of outstanding shares of the company. Tata Power’s basic EPS in March 2022 was ₹ 8.61.

 Debt-to-equity ratio:

This is a measure of a company’s financial leverage and is calculated by dividing the total debt of the company by its shareholder equity. Tata Power’s net debt-to-equity ratio was  1.53, which is not good. The debt to equity ratio for a good company should be below 1. But in their future vision they have said to decrease it to less than 1.53.

tata power debt to equity ratio
Tata power debt to equity ratio
Return on Average Net Worth:

Return on Net Worth (RONW) is used in finance to a measure of a company’s profitability. It reveals how much profit a company generates with the money that the equity shareholders have invested. Return on Net Worth (RONW) is used in finance as a measure of a company’s profitability.

Tata power return on average  net worth
Tata power return on net worth

Balance sheet

Tata Power Balance sheet
Tata Power Balance sheet 2022

Shareholding Pattern

Tata Power Shareholding patterns
Tata Power Shareholding patterns 2022

Tata Power Share Latest News Video

Source: Stock Market Adviser Youtube channel

Conclusion

Overall, Tata power is a strong patent based company, and also the leader in power sector, from last few years the Tata power share didn’t provide the value to its investor comparison to its peer company, debt could be a major reason, but in coming future If the company grow in renewable energy and electric vehicle segments, then it might unlock its value.

This is the end of this post, hope you enjoyed it, please share your comment and view below in comment section, thanks for reading the post.

Tata Power Share FAQ

Can we see further downside in Tata Power Share ?

If Tata Power share breaks its important support zone of 190, then we can see further downside in short term.

Is it a good buy for Tata Power Share for long term investment ?

Yes, as a investor we can add some shares at this level, and if stock goes below then add more for long term perspective.

Is Tata Power is the largest player in power segment in India ?

Yes, Tata Power is one of the largest power generation companies in India.

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