Jain Resource Recycling Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
- October 9, 2026
- Posted by: Chaitanya Auti
- Category: Market
Jain Resource Recycling share price Rs 288.90 (9 October 2026). Base target Rs 337, bull Rs 403, downside risk Rs 224. PE 26.88. 52W range Rs 271.00 to Rs 593.95.
Quick Answer
The Jain Resource Recycling share price target for 2027 is Rs 337, about 16.6% above the current price of Rs 288.90. The bull case is Rs 403, and the downside risk level, which is not a target, is Rs 224. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 48.7%, with the stock holding its PE of 26.88. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Jain Resource Recycling target price for 2027 should start with where the stock sits today. At Rs 288.90 on 9 October 2026, it is 51.4% below its 52-week high of Rs 593.95 and 6.6% above its 52-week low of Rs 271.00. That range spans 119% from low to high, so the entry point matters as much as the Jain Resource Recycling price forecast itself.
This article builds the Jain Resource Recycling 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 337 base case and the Rs 403 bull case were reached, along with a downside risk level of Rs 224.
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Jain Resource Recycling Stock Analysis: Company Overview and Key Stats
Jain Resource Recycling (NSE: JAINREC) has a market capitalisation of Rs 9,685 crore. In FY26 it reported revenue of Rs 9,571 crore and net profit of Rs 352.21 crore. The table collects the figures the Jain Resource Recycling share price target is built on.
| Metric | Value |
|---|---|
| Company | Jain Resource Recycling |
| NSE Ticker | JAINREC |
| CMP (9 October 2026) | Rs 288.90 |
| 52-Week High | Rs 593.95 |
| 52-Week Low | Rs 271.00 |
| Market Cap | Rs 9,685 crore |
| PE Ratio (TTM) | 26.88 |
| Industry PE | 12.69 |
| Price to Book | 6.20 |
| Return on Equity | 22.25% |
| Debt to Equity | 0.82 |
| EPS (TTM) | Rs 10.44 |
| Dividend Yield | 0.00% |
| 12-Month Base Target | Rs 337 |
| Bull Case | Rs 403 |
| Downside Risk Level (not a target) | Rs 224 |
Why Is Jain Resource Recycling Share Price Target Set at Rs 337 for 2027?
The base-case Jain Resource Recycling stock target of Rs 337 applies a PE multiple of 26.88 to a forward EPS estimate of Rs 12.53. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 16.6% 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 Jain Resource Recycling Target Price: Five Years of Results
Jain Resource Recycling grew revenue from Rs 2,880 crore in FY22 to Rs 9,571 crore in FY26, a compound annual growth rate of 35.0%. Net profit grew faster, from Rs 86.80 crore to Rs 352.21 crore (41.9% 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 | 2,880.34 | 86.80 | 2.60 | 0.00 |
| FY23 | 3,107.53 | 91.81 | 2.65 | 0.00 |
| FY24 | 4,484.84 | 163.83 | 4.70 | 0.00 |
| FY25 | 6,465.44 | 221.80 | 7.16 | 0.00 |
| FY26 | 9,571.48 | 352.21 | 10.39 | 0.00 |
FY26 revenue growth was 48.0%, faster than the four-year average of 35.0%, and net profit moved up 58.8%. EPS rose from Rs 4.70 in FY24 to Rs 10.39 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Jain Resource Recycling converted 3.7% of FY26 revenue into net profit, against 3.4% in FY25, within a five-year range of 3.0% to 3.7%. EBITDA margin was 6.1% in FY26 versus 6.2% in FY25.
In the June 2026 quarter, revenue was Rs 2,734 crore, up 75.6% from the same quarter a year earlier, while net profit of Rs 69.41 crore was up 22.8%. EBITDA came in at Rs 118.67 crore, up 22.0% 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 0.82, and shareholders’ equity grew from Rs 107.28 crore in FY22 to Rs 1,558 crore in FY26. Operating cash flow in FY26 was negative at Rs 590.67 crore against capital expenditure of Rs 102.88 crore, leaving negative free cash flow of Rs 693.55 crore. In FY25 free cash flow was negative at Rs 35.15 crore.
Valuation Check for the Jain Resource Recycling Stock Target: PE, Price to Book and ROE
At a PE of 26.88 against an industry PE of 12.69, Jain Resource Recycling trades at a premium to its industry. Price to book is 6.20 on a book value of Rs 45.24 per share, and return on equity is 22.25%. A PE of 26.88 equals an earnings yield of 3.7%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.00%.
Shareholding Pattern and Institutional Holding
Promoters held 73.59% of Jain Resource Recycling in June 2026, and promoter holding fell from 88.02% in March 2025 to 73.59% in June 2026. Foreign institutional investors (FII) held 1.23% and domestic institutions (DII) held 9.73%, which puts total institutional holding at 10.96%. FII holding rose from 0.00% in March 2025 to 1.23% in June 2026. Public shareholders own the remaining 15.45%.
Jain Resource Recycling Share Price Targets for the Short Term and 12 Months
Short Term Jain Resource Recycling Stock Target Levels: Technical Setup
At Rs 288.90 on 9 October 2026, Jain Resource Recycling trades below its 50-day simple moving average of Rs 294.39 and below its 200-day exponential moving average of Rs 347.06. The 14-day RSI reads 56.0, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 294.39 (50-day simple moving average) and the nearest support is Rs 271.00 (52-week low). A sustained move above Rs 294.39 would improve the short-term setup, while a close below Rs 271.00 would shift attention to the next support.
12 Month Jain Resource Recycling Target Price for 2027
The 12-month target for Jain Resource Recycling is Rs 337: forward EPS of Rs 12.53 at a PE of 26.88. That is 16.6% above Rs 288.90. It would still leave the stock 43.3% below its 52-week high of Rs 593.95.
How EPS Growth and PE Multiple Change the Jain Resource Recycling Target Price
| EPS Growth | PE 21.50 | PE 26.88 | PE 30.91 |
|---|---|---|---|
| 0.0% (EPS Rs 10.44) | Rs 224 | Rs 281 | Rs 323 |
| 20.0% (EPS Rs 12.53) | Rs 269 | Rs 337 | Rs 387 |
| 25.0% (EPS Rs 13.05) | Rs 281 | Rs 351 | Rs 403 |
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 Jain Resource Recycling price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Jain Resource Recycling Stock Target in 2027
Bull Case Rs 403
The bull case Jain Resource Recycling price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 13.05, and a PE multiple that rises 15% to 30.91. That gives Rs 403, 39.5% above the current price and below the 52-week high of Rs 593.95.
Downside Risk Level Rs 224
The downside risk level is not a target. It assumes EPS stays flat at Rs 10.44 and the PE falls 20% to 21.50. That gives Rs 224, 22.5% below the current price and below the 52-week low of Rs 271.00.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 30.91 | Rs 403 | +39.5% |
| Base Case | 20.0% | 26.88 | Rs 337 | +16.6% |
| Downside Risk | 0.0% | 21.50 | Rs 224 | -22.5% |
Key Risks to the Jain Resource Recycling Target Price for 2027
Growth Slowdown Risk for the Jain Resource Recycling Price Target
Revenue in the June 2026 quarter was up 75.6% year on year, and FY26 revenue growth was 48.0%. If growth slows from here, the EPS estimate behind the Jain Resource Recycling stock target will need revising.
Liquidity and Size Risk
Jain Resource Recycling has a market capitalisation of Rs 9,685 crore. Institutional holding is 10.96%, and promoters hold 73.59%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 3.7% in FY26, so a small slip in costs moves profit noticeably. At a PE of 26.88 versus an industry PE of 12.69, a de-rating toward the downside-risk PE of 21.50 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 51.4% below its 52-week high, with an RSI of 56.0 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in Jain Resource Recycling
Start with the live price and volume. Any Jain Resource Recycling 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 288.90 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Jain Resource Recycling’s PE, ROE, debt and shareholding in one place.
Check Jain Resource Recycling fundamentals on the Univest Screener
Then compare the three Jain Resource Recycling 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 Jain Resource Recycling live price and get daily stock recommendations.
Conclusion
The Jain Resource Recycling share price target for 2027 is Rs 337 in the base case, with Rs 403 as the bull case. The support for that view is arithmetic you can check: EPS grew 48.7% a year over FY24 to FY26, and the stock trades at a PE of 26.88. The risks are equally concrete, including a stock that sits 51.4% below its 52-week high and a downside scenario that cuts the price 22% 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 Jain Resource Recycling Share Price Target 2027
What is the Jain Resource Recycling share price target for 2027?
Ans. The base-case Jain Resource Recycling share price target for 2027 is Rs 337, with Rs 403 as the bull case. The downside risk level, which is not a target, is Rs 224. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the Jain Resource Recycling share price today?
Ans. As of 9 October 2026, 3:29 PM IST, Jain Resource Recycling trades at Rs 288.90, up 2.79% on the day. The 52-week range is Rs 271.00 to Rs 593.95.
Is Jain Resource Recycling a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 48.7% a year over FY24 to FY26, but the stock is 51.4% below its 52-week high. Whether Jain Resource Recycling 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 Jain Resource Recycling shares?
Ans. The bull case target is Rs 403, which assumes 25.0% EPS growth and a PE of 30.91. The downside risk level is Rs 224, which assumes flat EPS and a PE of 21.50. It marks a risk, not a target.
What are the main risks to the Jain Resource Recycling price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 9,685 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 Jain Resource Recycling and how does it compare with the industry?
Ans. The PE ratio of Jain Resource Recycling is 26.88 against an industry PE of 12.69. Price to book is 6.20 and return on equity is 22.25%. The base case in the Jain Resource Recycling price target holds this PE constant.
Who owns Jain Resource Recycling, and what is the promoter holding?
Ans. Promoters held 73.59% of Jain Resource Recycling in June 2026. FII held 1.23%, DII held 9.73% and the public held 15.45%.
What were Jain Resource Recycling’s latest quarterly results?
Ans. In the June 2026 quarter, Jain Resource Recycling reported revenue of Rs 2,734 crore (up 75.6% year on year) and net profit of Rs 69.41 crore (up 22.8%).