Selan Explorations Technology Share Price Target 2025, 2026, 2030, 2040, 2050

Selan Exploration Technology is an Indian company that extracts oil and natural gas, mainly from land areas in Gujarat, such as Bakrol, Lohar, Karjisan, and Ognaj. The company works on small oil fields that were discovered earlier but left undeveloped by bigger companies like ONGC. Selan uses special agreements with the Indian government to run these fields and tries to make them successful by keeping costs low and working efficiently. Recently, it was taken over by Antelopus Energy, a group of oil and gas experts and investors. After the takeover, the company got new leaders who plan to grow the business by using better technology and putting more money into the fields.

What is Selan Explorations Technology Ltd. NSE: SELAN?

Selan Exploration Technology Ltd is a private company that finds oil and gas. It was started in 1985 by Mr. Sunil Chandra, situated in Gurgaon, Haryana. The company mainly works in Gujarat’s Cambay Basin, where it owns and manages three oilfields: Bakrol, Lohar, and Karjisan. In 2024, it grew by taking 50% ownership and full control of another oilfield, the Cambay Field, which helped it produce more oil. In 2022, it also took over the Elao gas field. It has now joined with another company, Antelopus Energy Ltd, to grow its business in more areas. The company works in a safe and environmentally friendly way, and is improving its service from time to time.

Share Price Target Tomorrow

After the huge bearish trend, the stock is now showing a bullish trend. The stock has started falling from the previous year after reaching its all-time high price. For buying the stock, let it show a strong bullish move and show other confirmation to trade on it.

Day	Minimum Price (Rs)	Maximum Price (Rs)
Tomorrow	-31	+90

Selan Explorations share price Target 2025

It is one of the first private companies allowed to work on oilfields in Gujarat when the government opened the industry to private businesses. The company now runs three oil and gas fields, Bakrol, Lohar, and Karjisan, in Gujarat. The company play an important role in providing energy for the country and works in a way that is safe, responsible, and good for the environment. The company follows strong safety and environmental rules to make sure its work is done properly and with care. In 2025, its share price target would be ₹1170, as per our analysis.

By our prediction, its share price would be between ₹400 to ₹1170 in 2025.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	400	1170

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	580	880
February	490	740
March	503	660
April	500	621
May	475	587
June	465	731
July	400	785
August	578	851
September	690	880
October	789	948
November	854	1052
December	984	1170

Selan Explorations Share Price Target 2026

It is doing well financially, with growth in sales and profits. It makes good money from its main business and has almost no debt, which is a good point. The company is also earning more from the money it invests. The company is putting its profits back into the business to grow more in the future. Overall, the company looks financially strong and focused on long-term growth, but investors should keep an eye on how it handles its money and ownership. In 2026, its share price target would be ₹1903, as per our prediction.

Its share price would be between ₹984 to ₹1903 in 2026, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	984	1903

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	984	1274
February	1057	1300
March	1098	1325
April	1147	1357
May	1175	1378
June	1224	1425
July	1268	1474
August	1300	1524
September	1374	1658
October	1452	1725
November	1592	1851
December	1689	1903

Share price Target 2027

The company follows clear Life-Saving Rules to prevent accidents and encourages everyone to stop work if they notice something unsafe. All drilling activities begin only after safety checks are complete, and work is monitored around the clock. Hazardous waste is handled and disposed of safely, and contractors are required to follow the same safety standards. For Selan, safety is always the top priority above all else, including production. In 2027, its share price target would be ₹2625, as per our prediction.

Its share price would be between ₹1689 to ₹2625 in 2027, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	1689	2625

Share price Target 2028

The company has made many improvements to create cleaner, safer, and more organised work environments. Steps have been taken to check equipment and pipelines, manage waste properly, and report potential safety risks. A new safety policy, followed by international standards, has been introduced, along with detailed plans to manage health, safety, and environmental matters more effectively. It has provided regular training for employees and contractors, improved firefighting and emergency response systems, and put clear risk management practices in place. In 2028, its share price target would be ₹3350, as per our analysis.

By our prediction, its share price would be between ₹2474 to ₹3350 in 2028.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	2474	3350

Share price Target 2029

The Bakrol field is an oil-producing area in the Cambay Basin, about 16 km southeast of Ahmedabad. It was first found by ONGC and later given to this company as part of a government plan to develop small oil fields. The field is 36 square kilometres in size, and Selan fully operates it under an agreement with the Ministry of Petroleum and Natural Gas. In 2029, its share price target would be ₹4000, as per our prediction.

Its share price would be between ₹3221 to ₹4000 in 2029, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	3221	4000

Selan Explorations share price Target 2030

The Lohar Field is about 35 km northwest of Ahmedabad, in Mehsana District, Gujarat, within the Cambay Basin. It was first found by ONGC and later given to Sit as part of a government plan for developing small oil fields. The field is 5 square kilometres in size, and Selan is now fully in charge of its operations. The main oil comes from a layer called the Kalol-III zone, which is part of the Kalol Formation. After taking control of the field, it worked on improving oil production by studying underground rock layers using 2D and 3D images and drilling new wells.  In 2030, its share price target would be ₹4652, as per our analysis.

By our prediction, its share price would be between ₹3887 to ₹4652 in 2030.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	3887	4652

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	3887	4052
February	3977	4153
March	4025	4185
April	4052	4200
May	4085	4268
June	4100	4290
July	4188	4347
August	4200	4400
September	4275	4435
October	4322	4524
November	4457	4588
December	4525	4652

Share price Target 2040

The Elao field was first given to a company called PFH Oil & Gas to work on. PFH had a contract with the government to run the field for twenty years. Later, this company made a deal to take full control of the field from PFH and got official permission from the government. Now, it is in charge of the field, which mainly produces oil and gas from a rock layer called Hazad sand in the Ankleshwar Formation, which is very old. In 2040, its share price target would be ₹10046, as per our prediction.

Its share price would be between ₹9337 to ₹10046 in 2040, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	9337	10046

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	9337	9488
February	9365	9556
March	9378	9600
April	9425	9634
May	9452	9690
June	9558	9724
July	9641	9823
August	9685	9900
September	9724	9989
October	9800	10085
November	9887	10145
December	9986	10233

Share Price Target 2050

Cambay Field covers an area of around 161 square kilometres. The field has three main layers underground that hold oil and gas. The field has been producing gas and oil for a long time, and still produces a small amount today. Recently, it took over half the ownership and became the new operator of the field from Synergia Energy Ltd. The license to operate the field is still active for the next few years.  In 2050, its share price target would be ₹16000, as per our analysis.

By our prediction, its share price would be between ₹15211 to ₹16000 in 2050.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	15211	16000

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	15211	15412
February	15275	15487
March	15300	15538
April	15347	15580
May	15425	15632
June	15478	15685
July	15500	15721
August	15568	15785
September	15632	15856
October	15725	15920
November	15842	16054
December	15934	16185

Should I buy Selan Explorations stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	400	1170
2026	984	1903
2027	1689	2625
2028	2474	3350
2029	3221	4000
2030	3887	4652
2040	9337	10046
2050	15211	16000

It is a small Indian oil and gas company that is growing slowly but steadily and has very little debt, which is good. The company is making more money, and its stock price is expected to go up in the future. But there are some risks, like the main owners don’t own a big part of the company, it doesn’t pay dividends, and its profits are not very high yet. If you don’t mind some ups and downs and want to invest for a long time, this stock could be a good option.

Selan Explorations earnings results

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales +	90	49	77	118	166	258
Expenses +	34	37	50	67	93	169
Operating Profit	55	12	27	51	72	89
OPM %	62%	24%	35%	43%	44%	34%
Other Income +	-1	10	8	12	11	15
Interest	0	0	0	0	0	1
Depreciation	22	22	22	22	37	4
Profit before tax	32	-1	13	40	46	98
Tax %	30%	-611%	21%	23%	29%	24%
Net Profit +	22	6	10	31	33	74
EPS in Rs	14.76	4.11	6.53	20.30	21.54	48.67
Dividend Payout %	34%	122%	77%	0%	0%	0%

Key Metrics

TTM PE Ratio	PB Ratio	Dividend Yield	Sector PE	Sector PB	Sector Div Yld
17.14	3.05	0.82%	27.40	3.49	1.52%

Peers & Comparison

Stock	PE Ratio	PB Ratio	Dividend Yield
AGI Greenpac Ltd	17.14	3.05	0.82%
EPL Ltd	21.36	3.67	2.82%
Uflex Ltd	31.40	0.62	0.49%
TCPL Packaging Ltd	24.00	6.53	0.80%

Is Selan Explorations stock good to buy? (bull case & bear case)

Bull Case:

• The company is almost debt-free.
• The company has shown strong profit growth of 26.3% CAGR over the last 5 years.
• It made a profit of ₹33 crore in FY 2024.
• Investor Dolly Khanna raised her stake to 1.56%, showing confidence.
• The stock is cheaper than many of its competitors.

Bear Case:

• Promoter holding is low at only 30.5%, which may concern some investors.
• Return on equity is low at 11.9% over the last 3 years.
• Return on capital employed (ROCE) is also low at 5.6%, while the industry average is 15%.

Conclusion

It is a small oil and gas company in India that is growing slowly but steadily. It doesn’t have much debt, which is a good thing, and it’s earning decent profits. Using modern technology and putting more money into the oil fields. The share price is expected to grow well in the future. But there are some risks, like the owners of the company don’t hold a big share, it doesn’t give any dividends, and the returns are not very high yet. So, if you are okay with some short-term ups and downs, this stock could be a good option for long-term investment.

FAQs