Alphageo (India) Share Price Target 2025, 2026, 2030, 2040, 2050
Alphageo (India) is the largest private company in India that provides seismic survey services to help find oil, gas, and minerals. The company does many types of work, such as collecting 2D and 3D seismic data, processing it, and interpreting it to understand what is under the ground. It also does topographic surveys using GPS, converts old maps and well logs into digital formats, checks the quality of seismic work, and conducts airborne surveys for mineral exploration. Alphageo is well known for working in hard areas like the Himalayan foothills and dense forests, and it has worked with big clients like ONGC, Hindustan Oil Exploration, and Oil India Limited.
- 1 What is Alphageo (India) Ltd NSE: ALPHAGEO?
- 2 Alphageo (India) Share Price Target
- 3 Alphageo (India) Share Price Target 2025
- 4 Alphageo (India) Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 Alphageo (India) share price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Alphageo (India) stock?
- 12 Alphageo (India) earnings results
- 13 Is Alphageo (India) stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Alphageo (India) Ltd NSE: ALPHAGEO?
Alphageo (India) was established in 1987 in Hyderabad by Dinesh Alla, who is the Chairman and Managing Director. It helps in finding oil and gas by providing seismic and geophysical services. The company does work like 2D, 3D, and 4D seismic surveys, collecting and processing data, checking old data again, and studying the results to understand the earth better. It also does mapping and survey work. It has offices in India and other countries and is one of the biggest private companies in India for onshore seismic services, known for working even in tough areas.
It provides many services in the field of geophysical and seismic work. The company plans 2D and 3D seismic surveys, collects the data, processes and re-checks it, and studies the results to help find areas with oil, gas, or minerals. It also works with reservoir data. The company can handle almost all the technical needs of exploration companies. In 2025, its share price target would be ₹480, as per stock market analysts.
According to stock market analysts, its share price would be between ₹170 to ₹480 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 170 | 480 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 363 | 479 |
February | 230 | 417 |
March | 217 | 277 |
April | 222 | 263 |
May | 220 | 285 |
June | 255 | 293 |
July | 255 | 298 |
August | 230 | 264 |
September | 242 | 286 |
October | 206 | 330 |
November | 170 | 425 |
December | 350 | 480 |
It was the first private company in India to do seismic work and provide all services, collecting data, processing it, and interpreting it. This made the company important in India’s oil and gas exploration industry. Over time, it has become the largest private company offering complete seismic services, especially for onshore areas. It has many skills and experience and has completed many big and difficult projects that other private companies could not easily do. In 2026, its share price target would be ₹778, as per stock market analysts.
Its share price would be between ₹454 to ₹778 in 2026, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 454 | 778 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 454 | 537 |
February | 475 | 562 |
March | 485 | 584 |
April | 491 | 600 |
May | 521 | 614 |
June | 535 | 625 |
July | 541 | 642 |
August | 574 | 684 |
September | 592 | 700 |
October | 611 | 725 |
November | 621 | 754 |
December | 650 | 778 |
It was the first private company in India to start seismic work and give all services, data collection, processing, and interpretation in one place. This made it an important part of India’s oil and gas exploration industry. Over the years, it has become the biggest private company providing full seismic services, mainly for onshore areas. This shows that the company has wide skills and experience and has completed many big and challenging projects successfully. In 2027, its share price target would be ₹1077, as per stock market analysts.
According to stock market analysts, its share price would be between ₹745 to ₹1077 in 2027.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 745 | 1077 |
The company keep upgrading its technology to do better work. Some important upgrades are using 24-bit telemetry systems, adding more channels, creating more teams for 3D surveys, bringing in advanced recording systems like “SCORPION,” and moving from mostly 2D surveys to doing more 3D surveys. Over time, the company has also taken up bigger projects, with longer survey lines and larger 3D areas. These improvements in technology and project size have helped Alphageo compete well with international companies. In 2028, its share price target would be ₹1384, as per stock market analysts.
Its share price would be between ₹1047 to ₹1384 in 2028, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 1047 | 1384 |
The company has done seismic surveys in the Himalayan foothills, thick forests in Arunachal Pradesh and Assam, hilly areas, open plains, and even remote places that are hard to reach. To complete this work, it has dealt with problems like poor transport, strict environmental rules, heavy rains during monsoons, and limited access. These experiences give the company a strong advantage because very few other firms have handled such difficult conditions so many times. In 2029, its share price target would be ₹1688, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1357 to ₹1688 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 1357 | 1688 |
It has a team of experts in geology, geophysics, reservoir studies, and survey technology. The team has both Indian and foreign professionals with many years of experience. They know how to plan projects, manage transport and equipment, follow environmental rules, and complete work even in difficult places. With decades of field work, they have learned how to use resources properly, manage work in the best way, and maintain high quality in all projects. In 2030, its share price target would be ₹2054, as per stock market analysts.
Its share price would be between ₹1643 to ₹2054 in 2030, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 1643 | 2054 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1643 | 1765 |
February | 1665 | 1790 |
March | 1685 | 1824 |
April | 1721 | 1849 |
May | 1752 | 1874 |
June | 1774 | 1890 |
July | 1790 | 1920 |
August | 1825 | 1943 |
September | 1854 | 1968 |
October | 1884 | 1990 |
November | 1904 | 2024 |
December | 1924 | 2054 |
The company mainly works in India, but it also does projects in other countries. For example, it has worked in Georgia and Myanmar using vibration and explosive methods for 2D surveys. These projects help it to gain experience abroad and show that its skills and technology meet international standards. In 2040, its share price target would be ₹3433, as per stock market analysts.
According to stock market analysts, its share price would be between ₹3091 to ₹3433 in 2040.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 3091 | 3433 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 3091 | 3174 |
February | 3110 | 3200 |
March | 3135 | 3221 |
April | 3142 | 3242 |
May | 3172 | 3265 |
June | 3190 | 3284 |
July | 3210 | 3300 |
August | 3232 | 3324 |
September | 3268 | 3352 |
October | 3290 | 3374 |
November | 3321 | 3400 |
December | 3365 | 3433 |
It has got important contracts, like two 2D seismic projects from ONGC in Chhattisgarh and the Krishna-Godavari Basin, worth over Rs 118.63 crore. The company has also seen good sales growth at times. But its profits can change depending on how many projects it has, the difficulty of the land, and equipment costs. It shows its revenue and profits in annual reports, and its order book shows future work. The company also faces challenges because its work depends on global energy prices, government approvals, environmental rules, land access, weather, and infrastructure. In 2050, its share price target would be ₹4852, as per stock market analysts.
Its share price would be between ₹4485 to ₹4852 in 2050, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 4485 | 4852 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 4485 | 4602 |
February | 4510 | 4647 |
March | 4525 | 4685 |
April | 4537 | 4700 |
May | 4554 | 4714 |
June | 4575 | 4735 |
July | 4590 | 4755 |
August | 4621 | 4774 |
September | 4635 | 4800 |
October | 4658 | 4812 |
November | 4684 | 4835 |
December | 4712 | 4852 |
Should I buy Alphageo (India) stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 170 | 480 |
2026 | 454 | 778 |
2027 | 745 | 1077 |
2028 | 1047 | 1384 |
2029 | 1357 | 1688 |
2030 | 1643 | 2054 |
2040 | 3091 | 3433 |
2050 | 4485 | 4852 |
It pays a dividend and is priced below its book value, but its profits are low and can change a lot. The company is not making enough profit compared to the money it invests. Its stock price goes up and down, and its business depends on things like how many projects it gets, the land conditions, and government approvals. Overall, it could be an option for investors who can take risks, but it’s important to be careful and get advice from a financial expert before investing.
Alphageo (India) earnings results
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
Sales + | 268 | 143 | 155 | 66 | 99 | 126 | 141 |
Expenses + | 248 | 127 | 122 | 59 | 86 | 129 | 145 |
Operating Profit | 19 | 16 | 33 | 7 | 13 | -3 | -4 |
OPM % | 7% | 11% | 21% | 10% | 13% | -2% | -3% |
Other Income + | 4 | 23 | 5 | 24 | 5 | 10 | 9 |
Interest | 3 | 2 | 1 | 1 | 0 | 0 | 0 |
Depreciation | 28 | 27 | 20 | 13 | 14 | 14 | 15 |
Profit before tax | -8 | 9 | 18 | 18 | 5 | -8 | -11 |
Tax % | 14% | 29% | 31% | 27% | 77% | -27% | |
Net Profit + | -9 | 6 | 12 | 13 | 1 | -6 | -9 |
EPS in Rs | -13.78 | 10.13 | 19.15 | 20.42 | 0.60 | -9.60 | -14.22 |
Dividend Payout % | -58% | 79% | 42% | 39% | 1,343% | -84% |
Key Metrics
TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
-17.60 | 0.59 | 3.20% | 18.44 | 1.54 | 1.37% |
Peers & Comparison
Stock | PE Ratio | PB Ratio | Dividend Yield |
Alphageo (India) Ltd | -26.07 | 0.59 | 3.20% |
Deep Industries Ltd | -34.29 | 1.61 | 0.63% |
Seamec Ltd | 25.63 | 2.28 | — |
Jindal Drilling and Industries Ltd | 8.04 | 1.09 | 0.17% |
Is Alphageo (India) stock good to buy? (bull case & bear case)

Bull Case:
- In Q4 FY25, Alphageo made a profit of ₹4.07 crore, showing early signs of a comeback after previous losses.
- Its revenue in FY25 grew to ₹125.68 crore, up from ₹98.67 crore in FY24 — a growth of about 27% in just one year.
- The company has no debt, which means it doesn’t have to pay interest and has more flexibility in using its money.
- It got the government and ONGC projects. These contracts are large and could quickly boost profits.
- Since many of its costs are fixed, even a small rise in work can lead to a big jump in profits — this is called operating leverage.
- It has enough cash and assets to manage short-term ups and downs, which keeps it financially stable.
Bear Case:
- In FY25, it reported a net loss of ₹6.11 crore, which means it is still not consistently profitable.
- Its operating costs increased a lot, especially for equipment and fieldwork, which reduced profits.
- The company is facing cash flow problems, as money owed is taking longer to come in.
Conclusion
It is a company that helps find oil, gas, and minerals by conducting special surveys underground. It has worked with big companies like ONGC and is known for doing projects in hard places like forests and hills. In 2025, the company’s income increased, and it has no loans, which is good. But it is still facing some problems like making losses, higher costs, and delays in getting money from clients. So, it could be a good choice for long-term investors who are okay with some risk, but it’s better to be careful and ask a financial expert before investing.