One of the largest real estate companies in India Unitech Limited has been attracting investors’ attention for many years. Forayed into commercial and residential ventures to IT parks and SEZs, Unitech has emerged as one of the prominent actors in the formation of the Indian real estate market.
Nevertheless, like all other firms operating in the real estate industry, the company has not been exempted from challenges having a knock-on effect on its shares. In this article, we will learn about Unitech Share Price Target, its performers in different years fundamentals, and factors affecting its growth in the future.
Table of Contents
Details About The Unitech Company
Unitech Limited was founded in 1971, initially focusing on civil engineering and contracting. Since its formation, it expanded into real estate development and emerged as one of the biggest real estate companies in India. It has worked in residential and commercial sectors and has significant operations in Delhi – NCR, Mumbai, Kolkata, and Gurgaon.
Some of the prominent projects of Unitech include undertaking projects that range from luxurious townships to affordable housing, thus helping define India’s urban face.However, the situation changed after 2010 and Unitech faced losses due to failing to complete projects on time, and customer complaints.
Unitech has been trying to come up with strategies for redevelopment and restart its operations, making its stock an area of focus for many conventional bulls.
What will be the Business Overview for Unitech India?
Development is the creation of properties, which primary business Unitech is majorly involved in. The Unitech India company operates in several segments, including:
- Residential Properties: Seven-storey apartments, luxurious houses, and cheap flats.
- Commercial Properties: Offices; shopping centers; and business and commercial buildings.
- IT Parks and SEZs: Unitech has created more than one IT Parks and SEZs for multinational companies.
- Hospitality: Even the company has expanded into the hotel industry, managing and owning luxurious hotels.
Key Fundamentals For Unitech
To invest in Unitech, one should have a basic understanding of the company. Here are the key aspects of the company’s financial and operational fundamentals:
Market Capitalization: Unitech is one of the giants of the Indian real estate market, however, the market capitalization of the company has been changeable because of financial instability.
Debt Levels: Another problem for the company has long been the high level of debt which can have a negative impact on the company’s performance.
Revenue Generation: The company’s source of revenue generation stems from the sale of real estate properties, rent from commercial properties, and sale of land.
Profit Margins: Currently, operating profit margins have been declining due to strained financials but there’s a possibility that restructuring the company could turn around fortune going forward.
Market Cap | 28.25 billion INR |
Enterprise Value | 7,737.30, 5,088.08 Cr |
52 Week High/Low | ₹19.88 and ₹2.27 |
Stock P/E | -0.75 |
Book Value | -16.03 |
Dividend Yield | – |
ROCE | 17.6% |
ROE | – |
Face Value | ₹ 2.00 |
Price to Book Value | -0.68 |
EPS | -14.57 |
Debt | ₹72.87 Billion |
Promoters Holding
| 93.53% |
What will be the Financial Performance of Unitech?
The recent and current legal and financial crises have raised much concern over Unitech’s operational achievements. The firm has understood and is in the process of controlling and off-setting the project by terminating most projects and completing overdue projects.
Revenue Decline: Currently, Unitech has suffered from declining revenues from operations due to project delays and customer litigations.
Losses: The company is currently experiencing losses in consecutive financial years and due to such a situation the price of the stock has been under pressure.
Debt Restructuring: Relative to financial pressure, Unitech is currently still doing debt restructuring in an attempt to improve operational profitability in the long run.
Revenue | 192.57 Cr |
Net income | 161.92 Cr |
Other Income | 30.65 Cr |
Operating income | 30.65 Cr |
What will be the Share Holding Pattern for Unitech?
Relative to the prime of corporate governance, knowledge of shareholding patterns offers investors an invaluable understanding of how the company is owned and managed. Unitech’s shareholding is spread across the following categories:
Promoters: The founder and promoter group possess a large number of the company’s shares, although this number has recently been diminished as a result of financial restructuring.
Institutional Investors: Most of the institutional investors like mutual funds and banks have cut their stakes in Unitech because of the company’s ill health financially.
Retail Investors: Unitech has a lot of small shareholders which are individual investors most of which have seen their stocks lose value in the last 10 years.
Foreign Institutional Investors (FIIs): FIIs have not been so keen on Unitech shares as was earlier in the case.
HOLDING | Jun 2024 | March 2024 |
Promoters Holding | 5.1% | 5.1% |
FII Holding | 0.3% | 0.3% |
DII Holding | 1.0% | 1.1% |
Public Holding | 93.5% | 93.5% |
Get Unitech Share Price Target 2024
Unitech recently declared its intention to start restructuring and dealing with its legal problems; analysts predict a gradual upturn. The Unitech Share Price Target 2024 can be of ₹21.09 due to gradual regaining of investor confidence along with the completion of all the left-out projects.
Year | Price Target |
2024 | ₹21.09 |
Get Unitech Share Price Target 2025
If Unitech can sustain efforts to restructure as well as successfully launch new projects by 2025, then the share price is likely to advance further. As for Unitech Limited, it is predicted that the price of shares will reach ₹28.44 in the financial year of 2025.
Year | Price Target |
2025 | ₹28.44 |
Get Unitech Share Price Target 2026
However, according to the projection of the Unitech balance sheet by 2026, the situation may turn favorable if its strategy to manage the debts works out. Specifically for the year 2026, Unitech Share Price Target is at about ₹39.45
Year | Price Target |
2026 | ₹39.45 |
Get Unitech Share Price Target 2027
Once the market conditions favor it and the customers develop confidence in investing in Unitech then the stock prices of the company will start to appreciate. In the same way, the Unitech share price target for 2027 is expected to be between ₹52.87.
Year | Price Target |
2027 | ₹52.87 |
Get Unitech Share Price Target 2028
The Annual Report suggests that there might be a gradual improvement in Unitech’s shares by 2028, thereby implying that its long-term future might be on track for a better future. The Unitech share price target for the financial year 2028 is predicted to be ₹60.92.
Year | Price Target |
2028 | ₹60.92 |
Get Unitech Share Price Target 2029
More specifically, Unitech needs to keep improving its market presence and its financial discipline, which may help the company increase its share price even more. The current share price estimate for Unitech for the year ending December 2029 is ₹70.
Year | Price Target |
2029 | ₹70 |
Get Unitech Share Price Target 2030
Unitech’s Real estate position could be greatly enhanced in the 2030s. The upper and lower accuracies for Unitech for the year 2030 could range from ₹81.56.
Year | Price Target |
2030 | ₹81.56 |
Get Unitech Share Price Target 2035
Forecasting at longer time horizons, it seems that Unitech could also find improvement in their share price once large-scale projects are finalized, and possible instability in financials will be eliminated. For the fiscal year 2035, the Unitech Share Price Target is likely to be at ₹124.09.
Year | Price Target |
2035 | ₹124.09 |
Get Unitech Share Price Target 2040
If the company continues its operations and manages its finances properly, it’s possible that the share price of Unitech may increase by 2040. As a result, the Unitech Share Price Target for the year 2040 could be in the range of ₹130 a share.
Year | Price Target |
2040 | ₹130 |
Get Unitech Share Price Target 2045
If it continues in a consistent manner, then the Unitech share price target for 2045 has been expected to hit anywhere between ₹140-₹145 due to the robust market growth and consolidation.
Year | Price Target |
2045 | ₹140 |
Get Unitech Share Price Target 2050
With sustained upward scaling and overcoming of hitches along the line, Unitech may well scale new heights in the real estate sector by 2050 with a share price target of ₹160.
Year | Price Target |
2050 | ₹160 |
Factors Influencing Unitech Share Price Target
Several factors could influence Unitech’s share price trajectory over the next few decades:
Debt Reduction: Therefore, special importance to the capability of Unitech to govern and lessen its debts will significantly impact its stock.
Project Completion: The notion of project delivery and the introduction of new complexes will help restore confidence in the investor.
Market Demand: The need for real estate, especially in the metro cities over the next year will directly determine revenues and profitability of the firm.
Legal Resolutions: Continuation of legal proceedings will assist upgrade its market image while the resolution of current legal suits will also be beneficial.
Government Policies: Government policies and rules of Real estate affordable to the government could either enhance or hamper the growth of Unitech.
What will be the Future Growth Prospects of the Unitech Company?
However, the future fundamentals of the company appear to be bright if Unitech has the ability to restructure its business in the right manner. Increasing infrastructural requirements of residential and commercial space in the country along with the government’s setting a vision of ‘Housing for All’ may offer sound prospects to Unitech.
Further on the company’s strategic plans and goals include the continuation of some of the projects that have been dropped in the middle in order to gain back its reputation and new customers.
Conclusion
Unitech has had its fair share of troubles in the last decade and while restructuring and improving project delivery continues it can be expected that the share price will steadily climb. Thus, patient investors may be attracted to the stock as the firm may take time to get out of the woods. The long-term Unitech Share Price Target can be seen in the following chart however its real growth will highly depend on its financial and operational problems.
FAQs
Unitech has principal operations in real estate with residential, commercial, and IT parks and SEZ acquisitions of land for real estate development.
There were issues of project delay, customers’ complaints, and matters in court which resulted in problems in the financial network.
The max market price for the Unitech may go up to ₹21.09 for the fiscal year ending 2024.
Debt, project, and market are three critical factors often used when evaluating contract strategies.
Disclaimer
This article is just for information and education purposes. These predictions and statistics of stock prices are just for educational purposes. We don’t recommend buying and selling any stocks of the company. Investors are responsible for conducting research on stock prices before investing in any stock. We are not responsible for loss and damage arising while using this stock price content.
