This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated BF Utilities share price target 2024 to 2030, and 2035 are shown below.
Overview
Name: BF Utilities Ltd.
Headquarters: Mundhwa, Pune, India.
Founded: 2001
Industry: Energy and Infrastructure Industry
BF Utilities Ltd. is an Indian power-producing and infrastructure development company established in 2000. It was a demerged entity from Bharat Forge Ltd. Windmills, which were separated from BFL and made a joint venture named BF Utilities. The company is headquartered in Mundhwa, Pune, India. The company involved in wind energy productions, various infrastructure development projects such as the construction of roads, and highways. BF Utilities is a part of Kalyani Group.

Table of Contents
BF Utilities share price target 2024 to 2030 and 2035
BF Utilities Share Price Targets are: 2024 – 854 to 1056, 2025 – 1258 to 1425, 2026 – 1585 to 1665, 2027 – 1790 to 1948, 2028 – 2150 to 2249, 2029 – 2582 to 2618, 2030 – 2885 to 2958 and price forecasted 5205 to 5678 by 2035.
Year | First target | Second target |
2024 | 854 | 1056 |
2025 | 1258 | 1425 |
2026 | 1585 | 1665 |
2027 | 1790 | 1948 |
2028 | 2150 | 2249 |
2029 | 2582 | 2618 |
2030 | 2885 | 2958 |
2035 | 5205 | 5678 |
BF Utilities Financials
Particulars (₹ mn) | 2021 | 2022 | 2023 |
Total revenue | 3938.6 | 5342 | 7758.9 |
Gross Profit | -200.5 | 1030.8 | 2738.9 |
EBITDA | 20.4 | 99.4 | 172.4 |
Profit growth (PAT) | -220.9 | 931.3 | 2566.5 |
BF Utilities share price target 2024
The NSE and BSE listed BF Utilities Ltd. under BFUTILITIE as of 12 November 2024. The company’s closing share price as of November 22, 2024, was 958. It is not a fixed share price; it fluctuates every second in the open market.
BF Utilities share price target 2024 is 854 as the first target and 1056 as the second target
Month | First target | Second target |
November | 854 | 985 |
December | 925 | 1056 |
BF Utilities share price target 2025
BF Utilities holding companies like Nandi Infrastructure Corridor Enterprise Ltd., Nandi Highway Developers Ltd., BFUL Resources Pvt Ltd., etc. most of the Nandi infrastructure projects are currently running in the Bangalore region. Apart from Bangalore, the company works in various North Karnataka regions such as Hubli and Dharwad.
BF Utilities initial forecasted share value for the beginning of 2025 is 1258. The semi-annual price forecast may rise to 1324 in a positive market sentiment. The price at the end of the year is forecast at 1425.
Month | First target | Second target |
January | 1101 | 1182 |
May | 1258 | 1306 |
September | 1324 | 1398 |
December | 1405 | 1425 |
BF Utilities share price target 2026
BF Utilities initial forecasted share value for the beginning of 2026 is 1585. The semi-annual price forecast may rise to 1625 in a positive market sentiment. The price at the end of the year is forecast at 1665.
Month | First target | Second target |
January | 1456 | 1480 |
May | 1386 | 1411 |
September | 1485 | 1585 |
December | 1625 | 1665 |
BF Utilities share price target 2027
Revenue has grown by 33.7% YoY, and expenses increased by 10.3%. The company made a profit after tax of Rs. 100.87 mn in the financial year 2024 compared to 57.72 mn in the financial year 2023. Overall, the financials are good. Looking at these highlights, we assume the BF Utilities share price target 2027 is 1790 at the beginning, 1818 at the middle of the year, and 1948 at the end of the year.
Month | First target | Second target |
January | 1625 | 1689 |
May | 1744 | 1790 |
September | 1818 | 1878 |
December | 1905 | 1948 |
BF Utilities share price target 2028
BF Utilities share price target 2028 is 2150 at the start of the financial year. The price was forecast at 2165 in the middle of the year with some price consolidation for some months, and the projected share price is 2249 at the end of the year.
Month | First target | Second target |
January | 1982 | 2045 |
May | 2150 | 2184 |
September | 2165 | 2195 |
December | 2210 | 2249 |
BF Utilities share price target 2029
BF Utilities share price target 2029 is expected to reach 2582 to 2618, with some consolidation zones. The initial forecasted share value for the beginning of the year is 2544. The semi-annual price forecast may rise to 2582 in a positive market sentiment. The price at the end of 2029 is forecast at 2591 to 2618.
Month | First target | Second target |
January | 2355 | 2386 |
May | 2472 | 2493 |
September | 2544 | 2582 |
December | 2591 | 2618 |
BF Utilities share price target 2030
The initial price target of BF Utilities is 2885 at the beginning of the year 2030. The half-yearly price forecast can rise to 2910 in a positive market situation. The price at the end of the year is forecast to 2958.
Month | First target | Second target |
January | 2730 | 2820 |
May | 2852 | 2885 |
September | 2910 | 2925 |
December | 2940 | 2958 |
Also read Mazagon Dock share price target
BF Utilities share price target 2035
Depending on company economics and sector demand and supply with a favorable trend pattern, we may assume the target price of BF Utilities share price target 2035 to be 5205 at the beginning of the year, 5482 at the middle of the year, and 5678 at the end of the financial year.
Key points to consider
Though the company has reduced debt gradually, it has shown lesser sales and revenue growth in the past few years.
shareholding pattern

What is BF Utilities?
BF Utilities is a wind energy producing and infrastructure development company in India; it is part of the Kalyani Group. The company was incorporated in 2001 as a separate entity from the Bharat Forge organization.
What is BF Utilities share price target for 2024?
BF Utilities share price target 2024 is 854 as the first target and 1056 as the second target.
What is BF Utilities share price target for 2025?
BF Utilities share price target 2025 is 1258 as the first target and 1425 as the second target.
Also read Ceigall India share price target
conclusion
This article presents BF Utilitiesshare price target 2024 to 2030 and 2035. Targets are mentioned based on technical and fundamental analysis. stock may be corrected by any news or by companies’ poor or good results. Consider it a proposed level of guidance and not a recommendation. The stock market has high risk and unpredictable moves; invest with your risk appetite and a well-researched advisory.