Can RattanIndia Power Benefit From Rising Electricity Demand in India?
RattanIndia Power Share Price Target : is a private sector power generation company operating mainly coal-based thermal power plants in India. The company runs two large plants in Amravati and Nashik (Maharashtra) with a combined installed capacity of 2,700 MW, supplying power primarily to the Maharashtra Electricity Board.
With India’s electricity demand rising steadily, RattanIndia Power remains a high-risk, high-reward power sector stock. Below is a year-wise share price target analysis from 2026 to 2030, along with fundamentals and future outlook.
About RattanIndia Power
RattanIndia Power focuses on large-scale thermal power generation.
Key highlights:
- Two operational thermal power plants in Maharashtra
- Total installed capacity of 2,700 MW
- Long-term coal supply agreement with Coal India
- Power supplied mainly to state utilities
- Focus on improving plant efficiency and reducing debt
The company is gradually working toward stabilizing operations and improving profitability.
RattanIndia Power Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalization | ₹5,085 Cr |
| ROE | 1.89% |
| P/E Ratio | 59.19 |
| P/B Ratio | 1.12 |
| Debt-to-Equity | 0.85 |
| EPS (TTM) | 0.16 |
| Dividend Yield | 0.00% |
| Book Value | ₹8.46 |
| Face Value | ₹10 |
The fundamentals indicate low profitability and moderate debt, making this a speculative stock suitable only for high-risk investors.
RattanIndia Power Share Price Target 2026
By 2026, RattanIndia Power may benefit from stable coal supply and steady power demand in Maharashtra.
- Minimum Target: ₹9
- Maximum Target: ₹11
Operational stability and policy support could lead to gradual price recovery.
RattanIndia Power Share Price Target 2027
In 2027, capacity utilization and improved power tariffs may support revenue growth.
- Minimum Target: ₹11
- Maximum Target: ₹14
Quarterly performance and debt management will be critical for investor confidence.
RattanIndia Power Share Price Target 2028
By 2028, cost optimization and technological upgrades could improve margins.
- Minimum Target: ₹14
- Maximum Target: ₹17
Any progress toward green or cleaner energy initiatives may act as a positive trigger.
RattanIndia Power Share Price Target 2029
In 2029, the company may explore expansion or diversification opportunities.
- Minimum Target: ₹17
- Maximum Target: ₹21
Growing energy demand and operational improvements could support higher valuations.
RattanIndia Power Share Price Target 2030
By 2030, RattanIndia Power is expected to be a more stable and mature power producer.
- Minimum Target: ₹21
- Maximum Target: ₹25
Long-term investors may benefit if profitability improves and debt remains under control.
RattanIndia Power Share Price Target Table (2026–2030)
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 9 | 11 |
| 2027 | 11 | 14 |
| 2028 | 14 | 17 |
| 2029 | 17 | 21 |
| 2030 | 21 | 25 |
RattanIndia Power Shareholding Pattern
| Category | Shareholding |
|---|---|
| Retail & Others | 44.16% |
| Promoters | 44.06% |
| Foreign Institutions | 5.13% |
| Other Domestic Institutions | 6.48% |
| Mutual Funds | 0.17% |
High retail participation shows speculative interest, while institutional holding remains limited.
Final Conclusion
RattanIndia Power is a high-risk power sector stock with potential upside if operations stabilize and profitability improves. While rising electricity demand supports long-term prospects, high valuation, low ROE, and moderate debt make this stock suitable only for risk-tolerant investors with a long-term view.
Read Also : IREDA Share Price Target From 2026,2027,2028 to 2030
Disclaimer
This article is for educational and informational purposes only and does not constitute investment advice. Stock market investments are subject to market risk. Please consult a certified financial advisor before investing.
