Let’s predict the Rattanindia Power share price target 2025 monthly basis according to the technical analysis.
RattanIndia Power Limited is one of India’s largest private power generation companies. It boasts an installed capacity of 2,700 MW with thermal power plants located in Amravati and Nashik, Maharashtra.
Rattanindia Power Share Price Target 2025
| Month | Projected Share Price (₹) |
|---|---|
| Jan 2025 | 16.50 |
| Feb 2025 | 17.00 |
| Mar 2025 | 17.50 |
| Apr 2025 | 18.00 |
| May 2025 | 18.50 |
| Jun 2025 | 19.00 |
| Jul 2025 | 19.50 |
| Aug 2025 | 20.00 |
| Sep 2025 | 20.50 |
| Oct 2025 | 21.00 |
| Nov 2025 | 21.50 |
| Dec 2025 | 22.00 |
Company Overview
Inception and Evolution
RattanIndia Power Limited was incorporated in 2007 as Sophia Power Company Limited, initially part of the Indiabulls group.
After listing on NSE and BSE in 2009, the company was renamed Indiabulls Power Limited. In 2014, following a group split, it became RattanIndia Power Limited.
Power Generation Capacity
With a significant investment of Rs.18,615 crore, RattanIndia Power operates two major thermal power plants:
- Amravati Plant: This plant has five units of 270 MW each, totaling 1,350 MW, located in Nandgaonpeth, Amravati. The Plant Availability Factor (PAF) was 86.96% for Q1FY24, an improvement from 81.45% in FY23.
- Nashik Plant: Situated near Sinnar, 40 kilometers from Nashik, this plant also has an installed capacity of 1,350 MW. It benefits from coal linkages from Coal India Limited (CIL) subsidiaries.
Key Financial Highlights
Revenue Mix
- Revenue from the operation of power plants accounted for 78% of total revenue in FY23, up from 52% in FY21.
- Income from embedded lease of power plants decreased to 22% in FY23 from 48% in FY21.
Unit Sales
- The company sold approximately 8,420 million units (MU) in FY23, significantly higher than the 2,598 MU sold in FY21.
Debt Management
RattanIndia Power has made substantial progress in debt reduction. From December 2019 to June 2023, it repaid Rs. 3,371 crore to international financial institutions, including Rs. 988 crore as prepayment.
The company also raised a fresh loan of Rs. 1,114 crore, led by Kotak Mahindra Bank, to fully repay the balance of senior debt.
Operational Performance
Plant Load Factor (PLF) and Availability
- Amravati Plant:
- PAF: 86.96% for Q1FY24 vs 81.45% for FY23
- PLF: 83.73% for Q1FY24 vs 77.30% for FY23
- Nashik Plant:
- Maintained a steady PLF and PAF, benefiting from secure coal linkages.
Legal and Regulatory Developments
RattanIndia Power secured favorable judgments in disputes with MSEDCL, including recovery of additional costs for alternative coal procurement and changes in taxes and duties. The company has already received Rs. 613 crore from MSEDCL as of Q1 FY24.
Conclusion
RattanIndia Power’s strategic initiatives, robust operational performance, and favorable legal outcomes position it for substantial growth in 2025.
The monthly share price predictions indicate a steady upward trend, reflecting investor confidence and the company’s strong fundamentals.
By focusing on enhancing operational efficiencies, reducing debt, and securing long-term fuel supply, RattanIndia Power is well-poised to achieve Rattanindia Power share price target 2025 and deliver value to its shareholders throughout 2025.