Nilkamal Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook
- October 9, 2026
- Posted by: Neeraj Pandey
- Category: Market
CMP Rs 1,812.10 (9 Oct 2026). 52W range Rs 1,050.50 to Rs 2,149.50. PE 22.15. 2027 base Rs 1,967, bull Rs 2,263.
Quick Answer
The Nilkamal share price forecast for 2027 centres on a conservative case of Rs 1,966, a base case of Rs 1,967 and a bull case of Rs 2,263, against a current price of Rs 1,812.10. These targets scale today’s price by reported EPS growth at a constant PE multiple, so they rest on earnings the company has already delivered, not on broker forecasts. The base case implies 8.5% upside from today’s price. The daily technical setup reads bearish.
Nilkamal share price prediction 2027 comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 1,812.10 on NSE as of 9 October 2026, 15.7% below its 52-week high of Rs 2,149.50, after the company reported net profit of Rs 116.07 crore for FY26.
This Nilkamal stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.
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Nilkamal Share Price Today and Key Data
The Nilkamal share price today is Rs 1,812.10 on NSE, down 2.28% on the day. The market capitalisation stands at Rs 2,772 crore. Over the past year the price has risen 15.3% from Rs 1,571.20. Every Nilkamal stock forecast figure below starts from this price.
| Metric | Value |
|---|---|
| Company | Nilkamal (NILKAMAL) |
| Current Price | Rs 1,812.10 |
| 52-Week High | Rs 2,149.50 (3 September 2026) |
| 52-Week Low | Rs 1,050.50 (30 March 2026) |
| Market Cap | Rs 2,772 crore |
| PE Ratio | 22.15 |
| Industry PE | 36.50 |
| PB Ratio | 1.76 |
| EPS (TTM) | Rs 83.88 |
| Return on Equity | 8.05% |
| Debt to Equity | 0.27 |
| Dividend Yield | 1.08% |
| Book Value per Share | Rs 1,057.23 |
What Is the Nilkamal Share Price Prediction for 2027?
The Nilkamal share price prediction for 2027 is a conservative case of Rs 1,966, a base case of Rs 1,967 and a bull case of Rs 2,263. Against Rs 1,812.10, these imply 8.5% upside, 8.5% upside and 24.9% upside. They are model scenarios built from reported EPS growth, not broker targets.
| Scenario | EPS Growth Basis | EPS Estimate | PE Multiple | Implied Value | Upside vs Current Price |
|---|---|---|---|---|---|
| Conservative Case | Lower of FY26 growth (8.6%) and 4-year CAGR (8.5%) | Rs 91.02 (+8.5%) | Unchanged from today (price to EPS ratio kept constant) | Rs 1,966 | +8.5% |
| Base Case | Average of the two | Rs 91.05 (+8.6%) | Unchanged from today (price to EPS ratio kept constant) | Rs 1,967 | +8.5% |
| Bull Case | Higher of the two | Rs 91.09 (+8.6%) | Re-rated 15.0% toward industry PE of 36.50 (still at or below it) | Rs 2,263 | +24.9% |
Each target takes today’s price of Rs 1,812.10 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. The bull case also re-rates the PE multiple toward the industry level, because the stock trades below it. Together they form the Nilkamal target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.
Nilkamal Share Price Forecast: What Has to Go Right by 2027
Each Nilkamal target price below depends on a specific EPS outcome, and the text states that outcome next to the number.
Conservative Case for the Nilkamal Share Price Target: Rs 1,966
Reaching Rs 1,966 needs EPS to rise 8.5% to Rs 91.02 while the stock keeps its current PE multiple. That follows the slower 4-year EPS CAGR of 8.5%.
Base Case for the Nilkamal Share Price Target: Rs 1,967
Reaching Rs 1,967 needs EPS to rise 8.6% to Rs 91.05, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 59.2% in Q1 FY27 is at or above that pace, which supports the target.
Bull Case for the Nilkamal Share Price Target: Rs 2,263
Reaching Rs 2,263 needs EPS to rise 8.6% to Rs 91.09 and the PE multiple to re-rate 15.0% toward the industry PE. That is above the 52-week high of Rs 2,149.50, so it would need a fresh breakout. A daily close above the nearest resistance level of Rs 1,924.17 (50-day SMA) would be the first technical confirmation.
Nilkamal Financial Performance: Revenue, Profit and Margins
Nilkamal earned net profit of Rs 116.07 crore on revenue of Rs 3,792.48 crore in FY26, with profit up 8.7% and revenue up 14.1% compared with FY25. Diluted EPS was Rs 77.45 against Rs 71.32 a year earlier, and that earnings base anchors the Nilkamal share price forecast.
| Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Operating Margin | Net Margin |
|---|---|---|---|---|---|
| FY22 | 2,741.95 | 83.42 | 55.86 | 8.84% | 3.04% |
| FY23 | 3,141.90 | 134.00 | 89.76 | 10.55% | 4.26% |
| FY24 | 3,209.62 | 122.43 | 81.92 | 9.89% | 3.81% |
| FY25 | 3,324.43 | 106.81 | 71.32 | 9.19% | 3.21% |
| FY26 | 3,792.48 | 116.07 | 77.45 | 9.02% | 3.06% |
In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 824.22 crore against Rs 886.94 crore a year earlier (-7.1%), and the bottom line was a net profit of Rs 24.40 crore against a net profit of Rs 15.33 crore (+59.2%). Operating margin was 9.99% versus 7.28% in the year-ago quarter. Cash flow from operations was Rs 305.56 crore in FY26 against Rs 247.45 crore in FY25. Together these figures set the earnings base for the Nilkamal share price prediction.
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Is Nilkamal Overvalued or Undervalued Right Now?
Nilkamal trades at a PE of 22.15 against an industry PE of 36.50, which places the stock at a 39.3% discount to the industry average. The price-to-book ratio is 1.76 on a book value of Rs 1,057.23 per share. Return on equity of 8.05% means the company earns Rs 8.05 of profit for every Rs 100 of shareholder equity.
Debt to equity is 0.27, so borrowings equal about 27% of shareholder equity. The company declared a dividend of Rs 20.00 per share for FY26, a yield of 1.08% at the current price. This valuation context frames the Nilkamal stock price prediction for 2027 without relying on any outside forecast.
Nilkamal Stock Analysis: Technical Outlook
Nilkamal stock trades below its 50-day SMA of Rs 1,924.17 and above its 200-day EMA of Rs 1,609.66, and the combined daily indicators read bearish. The 52-week high of Rs 2,149.50 was set on 3 September 2026, while the 52-week low of Rs 1,050.50 came on 30 March 2026.
| Indicator | Reading | Signal |
|---|---|---|
| RSI (14) | 36.47 | Weak momentum |
| MACD (12,26,9) | -30.43 vs signal -17.50 | Bearish |
| ADX (14) | 58.15 | Established trend |
| Supertrend (10,3) | Price below Rs 1,991.78 | Bearish |
| 50-day SMA | Rs 1,924.17 | Price below |
| 200-day EMA | Rs 1,609.66 | Price above |
The nearest support level sits at Rs 1,609.66 (200-day EMA) and Rs 1,050.50 (52-week low). The nearest resistance level sits at Rs 1,924.17 (50-day SMA) and Rs 1,991.78 (Supertrend). A sustained move above the nearest resistance would support the Nilkamal share price prediction 2027 base case, and this Nilkamal stock analysis uses daily candles only.
Nilkamal Shareholding Pattern
Promoters hold 64.54% of Nilkamal as of Jun 2026, unchanged across the last 5 quarters. FII holding is 0.97% (down from 1.00% in Jun 2025) and DII holding is 12.91% (down from 14.38% in Jun 2025), which puts combined institutional holding at 13.88%. Public shareholders own 21.58%. Shareholding data is one input for any Nilkamal stock forecast.
Key Risks to the Nilkamal Share Price Target for 2027
Earnings and Margin Risk
Operating margin has ranged from 8.84% to 10.55% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the Nilkamal stock forecast. Revenue was up 14.1% in FY26, and slower revenue growth would weigh on the profit path.
Size and Liquidity Risk
Market capitalisation stands at Rs 2,772 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any Nilkamal stock price target.
Balance Sheet Risk
Debt to equity of 0.27 means borrowings stand at about 27% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the Nilkamal share price forecast.
Technical Risk
The daily indicators read bearish, so the targets above may need a technical turn before the price follows earnings. A daily close below Rs 1,609.66 (200-day EMA) would weaken the setup further.
Conclusion
This Nilkamal stock analysis puts the share price target range for 2027 at Rs 1,966 to Rs 2,263, with a base case of Rs 1,967 against Rs 1,812.10 today. The inputs are a PE of 22.15 that sits at a 39.3% discount to the industry average, EPS growth of 8.6% in FY26 and a daily technical setup that reads bearish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Nilkamal Share Price Prediction 2027
What is the Nilkamal share price target for 2027?
Ans. The Nilkamal share price forecast for 2027 has a conservative case of Rs 1,966, a base case of Rs 1,967 and a bull case of Rs 2,263. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.
What is the Nilkamal share price today?
Ans. Nilkamal trades at Rs 1,812.10 on NSE as of 9 October 2026, down 2.28% on the day. The 52-week range is Rs 1,050.50 to Rs 2,149.50.
Is Nilkamal a good stock to buy for 2027?
Ans. The data points in different directions: the PE of 22.15 is at a 39.3% discount to the industry average, EPS grew 8.6% in FY26 and the daily technical setup reads bearish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.
Can Nilkamal stock reach Rs 2,263 in 2027?
Ans. Reaching Rs 2,263 needs EPS to rise 8.6% from Rs 83.88 and the PE multiple to re-rate toward the industry PE of 36.50, plus a daily close above Rs 1,924.17 (50-day SMA). This is a scenario, not a guarantee.
What are the support and resistance levels for Nilkamal?
Ans. The nearest support levels are Rs 1,609.66 (200-day EMA) and Rs 1,050.50 (52-week low), and the nearest resistance levels are Rs 1,924.17 (50-day SMA) and Rs 1,991.78 (Supertrend).
What are the main risks for Nilkamal stock in 2027?
Ans. The main risks to the Nilkamal share price forecast are a fall in operating margin from the 8.84% to 10.55% range seen since FY22, slower revenue growth after FY26 revenue was up 14.1%, and thin trading volumes. Debt to equity of 0.27 adds balance sheet sensitivity.
How is the Nilkamal target price for 2027 calculated?
Ans. Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 8.5% growth, the base case 8.6% and the bull case 8.6%, all drawn from the company’s reported FY26 and 4-year EPS growth.
