Patel Engineering Share Price Target 2024, 2025, 2027, 2030

Today in our blog we are going to explain the basic idea about Patel Engineering Share Price Target 2024, 2025, 2027, 2030. We did the research and took advice from experts to make this blog about company growth, approximate share price targets, etc.

Patel Engineering is one of the oldest companies. From the being to recent times Patel Engineering always run very well in recent times also increased its business through some new projects, to gain more profit. If anyone wants to invest in Patel Engineering at the end of the blog, you can get a better experience about Patel Engineering Share Price Target. Let’s look at Patel Engineering Share price Target  2024, 2025, 2027, 2030.

What is Patel Engineering Company

Patel Engineering Share is one of the infrastructure and construction services under civil engineering in India. Patel Engineering services included different infrastructure sectors like high roads, railways, bridges, dams, hydroelectric projects, transportation sector, etc. The Patel Engineering company was established in 1949, April and spread all over the country.

Some of the big names like NTPC and NHPC are included with that company as the customer. Let’s look at an overview of Patel Engineering Share Price Targets for 2024, 2025, 2027, 2030.

Overview About Patel Engineering Company

Patel Engineering Company is one of the oldest companies in the construction sector. For the last 3 years, the growth rate of the company has been 15%, but this year’s profit is approximately 35%, which is very looking forward for the company. As it is a construction sector it gets new big orders due to the development of urban and rural areas construction and its growth increase. The chairman and managing director of Patel Engineering Company is Mr. Rupen Patel.

PE Ratio

The PE Ratio (Price Of Earning Ratio) of Patel Engineering is 18.29 which indicates a good sign in the investment market it means an investor wants to pay 20.75 in this share for earning every single rupee.

Current Ratio

Patel Engineering has a current ratio of 1.40. The current Ratio means the number of liabilities the company can pay in the ratio of its assets.

Return Of Assets (ROA)

Return on Assets can evaluate how much return money a company can earn from its investment assets. Patel Engineering has a ROA of 1.99%.

Fundamental Analysis Of Patel Engineering Company

History Of Patel Engineering Share Price Target From 2024 to 2030

The future goals of Patel Engineering Share Price may be more attractive for investors, with the help of its sales growth, the financial condition of the company may become very profitable. It was established in 1949.

If we take a look from 2024 to 2050 the growth of the company increases day by day. The company has grown its position by increasing its sales rate and shareholding capacity. In the year 2023, March the net profit of the company also increases to 155.56%. The company also spread its business throughout the country. For the last 3 years, the sales growth was 13%, but last year sales growth of the companies increased up to 30%.

As Patel Engineering is a construction sector and every country has done many new constructions for making new buildings, new roads, and new offices, the pressure of the work also increases.

Using new technology the Patel Engineering company increases the quality of products. If we talk about the shares, the growth of shares also increases with the company’s growth. Let’s look at Patel Engineering Share Price Target for 2024, 2025, 2027, 2030.

Patel Engineering Share Price Target 2024

The profit growth of the company also increased in the last 5 years profit growth was 22.23% which increased to 62.23% in the last 3 years and last year it increased to 185.22%. The net profit amount was ₹56.23 Crore in March 2022 which became ₹156.79 Crore in March 2023. The operating profit amount was ₹136.47 Crore in March 2022 which became ₹145.75 Crore in March 2023.

The company has a total power generation capacity is over 8000 MW and a total tunnel capacity of 180 km. Some of the projects of the company are the Earth Fill Dam, Powerhouse & Tail Race Channel Switchyard. Another one is the Ghatghar RCC dams. The first Price Target of Patel Engineering Share Price Target 2024 is ₹₹52 and the Second Price Target is ₹59.21.

Patel Engineering Share Price Target 2025

The net sales amount was ₹3,025.69 Crore in March 2022 which became ₹3,585.56 Crore in March 2023. The ROCE percentage of the company was 10.02% in the last 5 years which became 10.85% in the last 3 years and in the last 1 year it became 14.02%.

According to the specialist, the stock returns of Patel Engineering Share are very high. The company also tried to increase the investment amount of the company’s assets because the company has the potential to get a return from the assets. From the list of research from the last Financial Year (March 2023), the share of capital was 76.35%; from it, the reverse profit amount was 197.30%. If we talk about the Patel Engineering Share Price Target 2025, forecast the First Price Target is ₹60.25, and the second price Target is ₹65.11.

Patel Engineering Share Price Target 2027

Patel Engineering Company also works in underground powerhouses. One of the key projects is Rampur H.E. spanning 15 Km and has a power generation capacity of 415 MW, The Srisailam project has a power generation capacity of 900 MW. The company also completed many projects in the Real Estate Sector.

Patel Engineering Share has a good promoter holding capacity. In September 2022 promoter holding capacity was 43.458%, which is a good significant for the spread out of the share and growth of the company. The first price target of Patel Engineering Share Price Target 2027 is ₹72.45 and the Second Price Target is ₹83.11.

Patel Engineering Share Price Target 2030

Patel Engineering Company also spread its business in Arunachal Pradesh where the Gongri Hydroelectric project is underway with a capacity of 144 MW. The Tax amount was 40% in March 2022 which became 24% in March 2023.

By 2030 the Patel Engineering Share Price Target will reach a big platform if we talk about the net sales growth of the company which also increases. Last 3 Years the net sales growth was approximately 15%, Patel Engineering company is a construction sector, then it can grow rapidly. The First Price Target of Patel Engineering Share Price Target 2030 is ₹113.65 and the Second Price Target is ₹126.47.

Also read- Adani Power Share Price Target

Investor types and ratio Of Patel Engineering Share

Mainly there are four types of Investors in Patel Engineering Share.

Public Holding

Public Investors and individuals who invest in the public market, to get profit in the future (Large and small companies). For Patel Engineering Share Public Holding Capacity is 47.95%.

Promoter Holding

Promoter Holding means how much capital is invested by companies Promoters (owners of the capital through overall Capital). For Patel Engineering promoter holding capacity is 39.56%.

FII (Foreign Institutional Investors)

Foreign Institutional Investors are those big companies that invest in different countries Company. For Patel Engineering Share FII is 3.38%.

DII (Domestic Institutional Investors)

Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. For Patel Engineering DII is 9.10%.

Should I Invest In Patel Engineering Right Now?

If anyone wants to invest in Patel Engineering Share in the Indian Share Market then he/she can get a good return from this share on a long-term basis according to specialists.

Last few years profit has been maintained below

• Jun 2022-34.506.
• December 2022-83.560.
• September 2022-15.470.
• Jun 2023-132.607.

On a short-term basis, Patel Engineering Share may hit the lower circuit, but it must return to a profitable price on a long-term basis.

Future Growth Of Patel Engineering Limited

Advantages and Disadvantages of Patel Engineering

Every share has some advantages and disadvantages. Patel Engineering Share also has some advantages and disadvantages which are described below.

Advantage

• For the last 5 years, the profit growth has been high as Patel Engineering is one of the oldest companies and the market holding capacity is high.
• The cash flow of this company is also very high, so if anyone wants to invest in Petal Engineering company they must get a return in the long method.
• Patel Engineering is under infrastructure and construction service. So the demand for the company is also increasing day by day.

Disadvantages

• For the last few years back Patel Engineering has hit a lower circuit but in the long-term process, it is profitable.
• The company shows a poor ROE which is 0.95% in the last 3 years.

FAQ

Conclusion

Hopefully, www.sharetargethub.com will help you gain basic ideas about Patel Engineering Share. By doing the research and taking advice from the experts we ensure that on a long-term basis, Patel Engineering Share may reach in very high position. Patel Engineering is related to the construction industry from dams, hydroelectric projects, railways, etc. So the demand for this sector also increases which helps the Share gain profit in the future.

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