Fiem Industries Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
- October 9, 2026
- Posted by: Neeraj Pandey
- Category: Market
Fiem Industries share price Rs 1,754.70 (9 October 2026). Base target Rs 2,096, bull Rs 2,510, downside risk Rs 1,397. PE 17.48. 52W range Rs 1,742.50 to Rs 2,674.80.
Quick Answer
The Fiem Industries share price target for 2027 is Rs 2,096, about 19.5% above the current price of Rs 1,754.70. The bull case is Rs 2,510, and the downside risk level, which is not a target, is Rs 1,397. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 24.2%, with the stock holding its PE of 17.48. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Fiem Industries target price for 2027 should start with where the stock sits today. At Rs 1,754.70 on 9 October 2026, it is 34.4% below its 52-week high of Rs 2,674.80 and 0.7% above its 52-week low of Rs 1,742.50. That range spans 54% from low to high, so the entry point matters as much as the Fiem Industries price forecast itself.
This article builds the Fiem Industries share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 2,096 base case and the Rs 2,510 bull case were reached, along with a downside risk level of Rs 1,397.
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Fiem Industries Stock Analysis: Company Overview and Key Stats
Fiem Industries (NSE: FIEMIND) has a market capitalisation of Rs 4,597 crore. In FY26 it reported revenue of Rs 2,836 crore and net profit of Rs 255.60 crore. The table collects the figures the Fiem Industries share price target is built on.
| Metric | Value |
|---|---|
| Company | Fiem Industries |
| NSE Ticker | FIEMIND |
| CMP (9 October 2026) | Rs 1,754.70 |
| 52-Week High | Rs 2,674.80 |
| 52-Week Low | Rs 1,742.50 |
| Market Cap | Rs 4,597 crore |
| PE Ratio (TTM) | 17.48 |
| Industry PE | 37.01 |
| Price to Book | 3.78 |
| Return on Equity | 21.04% |
| Debt to Equity | 0.05 |
| EPS (TTM) | Rs 99.91 |
| Dividend Yield | 2.29% |
| 12-Month Base Target | Rs 2,096 |
| Bull Case | Rs 2,510 |
| Downside Risk Level (not a target) | Rs 1,397 |
Why Is Fiem Industries Share Price Target Set at Rs 2,096 for 2027?
The base-case Fiem Industries stock target of Rs 2,096 applies a PE multiple of 17.48 to a forward EPS estimate of Rs 119.89. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 19.5% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Fiem Industries Target Price: Five Years of Results
Fiem Industries grew revenue from Rs 1,575 crore in FY22 to Rs 2,836 crore in FY26, a compound annual growth rate of 15.8%. Net profit grew faster, from Rs 95.31 crore to Rs 255.60 crore (28.0% a year), which shows margin gains did part of the work and not just higher sales.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 1,574.86 | 95.31 | 71.55 | 20.00 |
| FY23 | 1,858.86 | 139.88 | 53.13 | 30.00 |
| FY24 | 2,044.75 | 165.82 | 62.96 | 20.00 |
| FY25 | 2,438.73 | 204.96 | 77.86 | 30.00 |
| FY26 | 2,836.40 | 255.60 | 97.11 | 40.00 |
FY26 revenue growth was 16.3%, close to the four-year average of 15.8%, and net profit moved up 24.7%. EPS rose from Rs 62.96 in FY24 to Rs 97.11 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Fiem Industries converted 9.0% of FY26 revenue into net profit, against 8.4% in FY25, within a five-year range of 6.1% to 9.0%. EBITDA margin was 14.7% in FY26 versus 14.0% in FY25.
In the June 2026 quarter, revenue was Rs 780.20 crore, up 17.4% from the same quarter a year earlier, while net profit of Rs 64.92 crore was up 12.9%. EBITDA came in at Rs 108.70 crore, up 14.0% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.05, and shareholders’ equity grew from Rs 642.23 crore in FY22 to Rs 1,215 crore in FY26. Operating cash flow in FY26 was Rs 161.28 crore against capital expenditure of Rs 129.58 crore, leaving free cash flow of Rs 31.70 crore, or 0.7% of the current market capitalisation. In FY25 free cash flow was Rs 103.50 crore.
Valuation Check for the Fiem Industries Stock Target: PE, Price to Book and ROE
At a PE of 17.48 against an industry PE of 37.01, Fiem Industries trades at a discount to its industry. Price to book is 3.78 on a book value of Rs 461.64 per share, and return on equity is 21.04%. A PE of 17.48 equals an earnings yield of 5.7%, and the FY26 dividend of Rs 40.00 per share gives a yield of 2.29%.
Shareholding Pattern and Institutional Holding
Promoters held 54.52% of Fiem Industries in June 2026, and promoter holding fell from 58.96% in June 2025 to 54.52% in June 2026. Foreign institutional investors (FII) held 7.03% and domestic institutions (DII) held 11.60%, which puts total institutional holding at 18.63%. FII holding rose from 4.68% in June 2025 to 7.03% in June 2026. Public shareholders own the remaining 26.85%. A meaningful institutional holding adds a layer of research coverage and trading depth.
Fiem Industries Share Price Targets for the Short Term and 12 Months
Short Term Fiem Industries Stock Target Levels: Technical Setup
At Rs 1,754.70 on 9 October 2026, Fiem Industries trades below its 50-day simple moving average of Rs 2,105.61 and below its 200-day exponential moving average of Rs 2,146.36. The 14-day RSI reads 28.0, which is oversold territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 2,105.61 (50-day simple moving average) and the nearest support is Rs 1,742.50 (52-week low). A sustained move above Rs 2,105.61 would improve the short-term setup, while a close below Rs 1,742.50 would shift attention to the next support.
12 Month Fiem Industries Target Price for 2027
The 12-month target for Fiem Industries is Rs 2,096: forward EPS of Rs 119.89 at a PE of 17.48. That is 19.5% above Rs 1,754.70. It would still leave the stock 21.6% below its 52-week high of Rs 2,674.80.
How EPS Growth and PE Multiple Change the Fiem Industries Target Price
| EPS Growth | PE 13.98 | PE 17.48 | PE 20.10 |
|---|---|---|---|
| 0.0% (EPS Rs 99.91) | Rs 1,397 | Rs 1,746 | Rs 2,008 |
| 20.0% (EPS Rs 119.89) | Rs 1,676 | Rs 2,096 | Rs 2,410 |
| 25.0% (EPS Rs 124.89) | Rs 1,746 | Rs 2,183 | Rs 2,510 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Fiem Industries price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Fiem Industries Stock Target in 2027
Bull Case Rs 2,510
The bull case Fiem Industries price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 124.89, and a PE multiple that rises 15% to 20.10. That gives Rs 2,510, 43.0% above the current price and below the 52-week high of Rs 2,674.80.
Downside Risk Level Rs 1,397
The downside risk level is not a target. It assumes EPS stays flat at Rs 99.91 and the PE falls 20% to 13.98. That gives Rs 1,397, 20.4% below the current price and below the 52-week low of Rs 1,742.50.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 20.10 | Rs 2,510 | +43.0% |
| Base Case | 20.0% | 17.48 | Rs 2,096 | +19.5% |
| Downside Risk | 0.0% | 13.98 | Rs 1,397 | -20.4% |
Key Risks to the Fiem Industries Target Price for 2027
Growth Slowdown Risk for the Fiem Industries Price Target
Revenue in the June 2026 quarter was up 17.4% year on year, and FY26 revenue growth was 16.3%. If growth slows from here, the EPS estimate behind the Fiem Industries stock target will need revising.
Liquidity and Size Risk
Fiem Industries has a market capitalisation of Rs 4,597 crore. Institutional holding is 18.63%, and promoters hold 54.52%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 9.0% in FY26, so a small slip in costs moves profit noticeably. At a PE of 17.48 versus an industry PE of 37.01, a de-rating toward the downside-risk PE of 13.98 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 34.4% below its 52-week high, with an RSI of 28.0 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in Fiem Industries
Start with the live price and volume. Any Fiem Industries share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 1,754.70 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Fiem Industries’ PE, ROE, debt and shareholding in one place.
Check Fiem Industries fundamentals on the Univest Screener
Then compare the three Fiem Industries target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Fiem Industries live price and get daily stock recommendations.
Conclusion
The Fiem Industries share price target for 2027 is Rs 2,096 in the base case, with Rs 2,510 as the bull case. The support for that view is arithmetic you can check: EPS grew 24.2% a year over FY24 to FY26, and the stock trades at a PE of 17.48. The risks are equally concrete, including a stock that sits 34.4% below its 52-week high and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
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).
FAQs on Fiem Industries Share Price Target 2027
What is the Fiem Industries share price target for 2027?
Ans. The base-case Fiem Industries share price target for 2027 is Rs 2,096, with Rs 2,510 as the bull case. The downside risk level, which is not a target, is Rs 1,397. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the Fiem Industries share price today?
Ans. As of 9 October 2026, 1:18 PM IST, Fiem Industries trades at Rs 1,754.70, up 0.46% on the day. The 52-week range is Rs 1,742.50 to Rs 2,674.80.
Is Fiem Industries a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 24.2% a year over FY24 to FY26, but the stock is 34.4% below its 52-week high. Whether Fiem Industries fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.
What are the bull case target and downside risk level for Fiem Industries shares?
Ans. The bull case target is Rs 2,510, which assumes 25.0% EPS growth and a PE of 20.10. The downside risk level is Rs 1,397, which assumes flat EPS and a PE of 13.98. It marks a risk, not a target.
What are the main risks to the Fiem Industries price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 4,597 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.
What is the PE ratio of Fiem Industries and how does it compare with the industry?
Ans. The PE ratio of Fiem Industries is 17.48 against an industry PE of 37.01. Price to book is 3.78 and return on equity is 21.04%. The base case in the Fiem Industries price target holds this PE constant.
Who owns Fiem Industries, and what is the promoter holding?
Ans. Promoters held 54.52% of Fiem Industries in June 2026. FII held 7.03%, DII held 11.60% and the public held 26.85%.
What were Fiem Industries’ latest quarterly results?
Ans. In the June 2026 quarter, Fiem Industries reported revenue of Rs 780.20 crore (up 17.4% year on year) and net profit of Rs 64.92 crore (up 12.9%).
