If you are wondering which share will be best for investment in recent times then you should know about Patel Engineering Share Price Target 2025, 2030, 2040, and 2050. Today in this article we will explain the basic idea about the Patel Engineering Share Price Target 2025, 2027, 2030, 2040, and 2050. Based on our research and expert advice, this blog is about the company’s growth, performance, etc.
In this article, we will describe the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. Patel Engineering Share Price Target is a trading share in the share market. We use expert research and analysis to understand the Patel Engineering Share Price Target. This article may be useful to those who want to invest in this share. Let’s explore the Patel Engineering Share Price Target from 2025 to 2050.
Introduction
One of the infrastructure and construction services that falls under the category of civil engineering in India is Patel Engineering Share. Patel Engineering provides services for a variety of infrastructure industries, including the transportation industry, high highways, railroads, bridges, dams, and hydroelectric projects. In April of 1949, Patel Engineering was founded and quickly expanded across the nation. Among the customers of that company are some well-known brands, such as NTPC and NHPC.
Overview
Within the construction industry, Patel Engineering Company is among the most established businesses. The company’s growth rate over the previous three years has been 15%, therefore it is really encouraging that this year’s profit is roughly 35%. Since it is in the building industry, it receives fresh, large orders as a result of the growth and development of both urban and rural construction. Mr. Rupen Patel is the managing director and chairman of Patel Engineering Company.
| Company Name | Patel Engineering Limited |
| Market Cap | ₹ 5,205 Crore |
| Face Value | ₹1 |
| Book Value | ₹43.05 |
| P/B | 1.45 |
| 52 Week High | ₹81 |
| 52 Week Low | ₹45 |
| DIV. YIELD | 0% |
Financial Data Analysis
To comprehend its performance, we need to look at the company’s PE ratio, return on equity, current ratio, and return on assets. These characteristics will be covered in the following section. These ratios likewise influence Patel Engineering’s target share price.
| PE Ratio | Return On Assets (ROA) | Current Ratio | Return On Equity (ROE) |
| 18.25 | 2.05 | 1.4 | 5.75 |
Patel Engineering Share Price Target 2024
The company’s profit growth also improved during the previous five years, rising from 21.85% in the previous three years to 61.85% in the most recent year and 185% in the most recent year. In March 2022, the net profit amount was ₹57 crore, and by March 2023, it had increased to ₹157 crore. In March 2022, the operational profit was ₹137 crore, and by March 2023, it had increased to ₹146 crore.
| Year | Patel Engineering Share Price Target 2024 |
| First Price Target | ₹55 |
| Second Price Target | ₹63 |
Also read: Tata Power Share Price Target 2025
Patel Engineering Share Price Target 2025
In March 2022, the net sales amount was ₹3,026 crore, and in March 2023, it had increased to ₹3,586 crore. The company’s ROCE percentage was 10% for the previous five years, 11% for the previous three, and 13.85% for the most recent year.
| Year | Patel Engineering Share Price Target 2025 |
| First Price Target | ₹100 |
| Second Price Target | ₹125 |
Patel Engineering Share Price Target 2027
Patel Engineering Company operates in subterranean power plants as well. Rampur H.E., which spans 15 km and has a 415 MW power generating capacity, is one of the important projects. The Srisailam project has a 900 MW power generation capacity. The business has also finished a number of initiatives in the real estate industry.
| Year | Patel Engineering Share Price Target 2027 |
| First Price Target | ₹175 |
| Second Price Target | ₹225 |
Patel Engineering Share Price Target 2030
Additionally, Patel Engineering Company expanded its operations to Arunachal Pradesh, the site of the 144 MW Gongri Hydroelectric project. In March 2022, the tax amount was 41%; by March 2023, it had dropped to 25%.
| Year | Patel Engineering Share Price Target 2030 |
| First Price Target | ₹415 |
| Second Price Target | ₹510 |
Patel Engineering Share Price Target 2040
Its growth is mostly attributable to contract wins. The business recently secured several substantial projects, including a massive tunnel in Himachal Pradesh and a major dam in Andhra Pradesh. The company’s earnings and reputation within the industry will both rise as a result of these projects.
| Year | Patel Engineering Share Price Target 2040 |
| First Price Target | ₹1215 |
| Second Price Target | ₹1415 |
Patel Engineering Share Price Target 2050
Due to its longevity and solid market position, this company has generated substantial earnings over the last five years. You should anticipate long-term returns if you invest in it because it also has a high cash flow. The corporation operates in the expanding fields of infrastructure and construction.
| Year | Patel Engineering Share Price Target 2040 |
| First Price Target | ₹2800 |
| Second Price Target | ₹3050 |
Also read: Gland Pharma Share Price Target 2025
Advantages and Disadvantages Of Cochin Shipyard
Every share offers various benefits as well as drawbacks. Thus, the following list of benefits and drawbacks equally applies to the Patel Engineering Share Price Target.
Advantages
- Given that Patel Engineering is among the oldest companies and has a strong market holding capacity, the company’s profit growth over the last five years has been substantial.
- Given the company’s significant cash flow, investors in Petal Engineering must expect to see a long-term return on their investment.
- Under infrastructure and construction services is Patel Engineering. As a result, the company’s demand is growing daily.
Disadvantages
- Patel Engineering has had a downturn in the past few years, but over the long run, it is profitable.
- The ROE for the last three years is 0.95%, which is below par for the company.
FAQs
Who is the Chairman of Patel Engineering?
Mr. Janky Patel is the chairman of Patel Engineering.
Should I invest in Patel Engineering shares right now?
According to experts, anyone wishing to purchase Patel Engineering shares on the Indian share market should expect to receive a healthy return on their investment over time.
What is the Patel Engineering share price target for 2024?
Patel Engineering’s share price target for 2024 is ₹55 to ₹63.
What is the Patel Engineering share price target for 2025?
Patel Engineering’s share price target for 2025 is ₹100 to ₹125.
What is the Patel Engineering share price target for 2027?
Patel Engineering’s share price target for 2027 is ₹175 to ₹225.
What is the Patel Engineering share price target for 2030?
Patel Engineering’s share price target for 2030 is ₹415 to ₹510.
What is the Patel Engineering share price target for 2040?
Patel Engineering’s share price target for 2040 is ₹1215 to ₹1415.
What is the Patel Engineering share price target for 2050?
Patel Engineering’s share price target for 2050 is ₹2800 to ₹3050.
Conclusion
We hope https://pricepredictionhub.com/ will provide you with some fundamental knowledge on the Patel Engineering Share Price Target. We make sure that, over time, the Patel Engineering Share Price Target may rise to an extremely high position by conducting the necessary research and consulting with specialists. Patel Engineering is mostly associated with construction and engineering. Thus, as the need for this industry grows, so does the share’s potential for future profit.
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Disclaimer
The above-mentioned Patel Engineering share price targets are for reference purposes only and are not assured to remain accurate. They are dependent upon favorable market circumstances, company performance, and other variables. They are predicated on the assumption of a favorable market. Always conduct your research and consult with a financial advisor before making investment decisions. Past performance does not always guarantee future results.