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KRBL Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

  • October 9, 2026
  • Posted by: Kunal Singla
  • Category: Market
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KRBL Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

KRBL share price Rs 389.40 (9 October 2026). Base target Rs 406, bull Rs 493, downside risk Rs 309. PE 11.66. 52W range Rs 274.65 to Rs 452.80.

Quick Answer

The KRBL share price target for 2027 is Rs 406, about 4.3% above the current price of Rs 389.40. The bull case is Rs 493, and the downside risk level, which is not a target, is Rs 309. The base case assumes earnings per share grow 5.0% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 11.66. These are model-based estimates built from reported financials, not guaranteed outcomes.

Investors weighing a KRBL target price for 2027 should start with where the stock sits today. At Rs 389.40 on 9 October 2026, it is 14.0% below its 52-week high of Rs 452.80 and 41.8% above its 52-week low of Rs 274.65. That range spans 65% from low to high, so the entry point matters as much as the KRBL price forecast itself.

This article builds the KRBL 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 406 base case and the Rs 493 bull case were reached, along with a downside risk level of Rs 309.

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Table of Contents

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  • KRBL Stock Analysis: Company Overview and Key Stats
  • Why Is KRBL Share Price Target Set at Rs 406 for 2027?
    • Earnings Growth Behind the KRBL Target Price: Five Years of Results
    • Margins and the Latest Quarter
    • Balance Sheet and Cash Flow
    • Valuation Check for the KRBL Stock Target: PE, Price to Book and ROE
    • Shareholding Pattern and Institutional Holding
  • KRBL Share Price Targets for the Short Term and 12 Months
    • Short Term KRBL Stock Target Levels: Technical Setup
    • 12 Month KRBL Target Price for 2027
    • How EPS Growth and PE Multiple Change the KRBL Target Price
  • Bull Case and Downside Risk for KRBL Stock Target in 2027
    • Bull Case Rs 493
    • Downside Risk Level Rs 309
  • Key Risks to the KRBL Target Price for 2027
    • Growth Slowdown Risk for the KRBL Price Target
    • Liquidity and Size Risk
    • Valuation and Margin Risk
    • Market and Technical Risk
  • How to Invest in KRBL
  • Conclusion
  • FAQs on KRBL Share Price Target 2027
    • What is the KRBL share price target for 2027?
    • What is the KRBL share price today?
    • Is KRBL a buy or sell at the current price?
    • What are the bull case target and downside risk level for KRBL shares?
    • What are the main risks to the KRBL price target?
    • What is the PE ratio of KRBL and how does it compare with the industry?
    • Who owns KRBL, and what is the promoter holding?
    • What were KRBL’s latest quarterly results?

KRBL Stock Analysis: Company Overview and Key Stats

KRBL (NSE: KRBL) has a market capitalisation of Rs 8,844 crore. In FY26 it reported revenue of Rs 6,168 crore and net profit of Rs 648.04 crore. The table collects the figures the KRBL share price target is built on.

Metric Value
Company KRBL
NSE Ticker KRBL
CMP (9 October 2026) Rs 389.40
52-Week High Rs 452.80
52-Week Low Rs 274.65
Market Cap Rs 8,844 crore
PE Ratio (TTM) 11.66
Industry PE 34.85
Price to Book 1.52
Return on Equity 11.16%
Debt to Equity 0.03
EPS (TTM) Rs 33.13
Dividend Yield 1.16%
12-Month Base Target Rs 406
Bull Case Rs 493
Downside Risk Level (not a target) Rs 309

Why Is KRBL Share Price Target Set at Rs 406 for 2027?

The base-case KRBL stock target of Rs 406 applies a PE multiple of 11.66 to a forward EPS estimate of Rs 34.78. That EPS assumes 5.0% yearly growth, the pace from FY24 to FY26, and puts the target 4.3% 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 KRBL Target Price: Five Years of Results

KRBL grew revenue from Rs 4,253 crore in FY22 to Rs 6,168 crore in FY26, a compound annual growth rate of 9.7%. Net profit grew more slowly, from Rs 459.40 crore to Rs 648.04 crore (9.0% a year), which points to margin pressure alongside the sales growth.

Financial Year Revenue (Rs Cr) Net Profit (Rs Cr) EPS (Rs) Dividend per Share (Rs)
FY22 4,253.27 459.40 19.52 3.50
FY23 5,457.52 700.98 29.78 1.00
FY24 5,481.65 595.86 25.69 4.00
FY25 5,655.10 476.05 20.80 3.50
FY26 6,168.23 648.04 28.31 4.50

FY26 revenue growth was 9.1%, close to the four-year average of 9.7%, and net profit moved up 36.1%. EPS rose from Rs 25.69 in FY24 to Rs 28.31 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

KRBL converted 10.5% of FY26 revenue into net profit, against 8.4% in FY25, within a five-year range of 8.4% to 12.8%. EBITDA margin was 15.8% in FY26 versus 13.0% in FY25.

In the June 2026 quarter, revenue was Rs 1,560 crore, down 3.5% from the same quarter a year earlier, while net profit of Rs 260.74 crore was up 73.2%. EBITDA came in at Rs 371.94 crore, up 65.3% 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 0.03, and shareholders’ equity grew from Rs 4,071 crore in FY22 to Rs 5,807 crore in FY26. Operating cash flow in FY26 was Rs 932.53 crore against capital expenditure of Rs 67.90 crore, leaving free cash flow of Rs 864.63 crore, or 9.8% of the current market capitalisation. In FY25 free cash flow was Rs 864.45 crore.

Valuation Check for the KRBL Stock Target: PE, Price to Book and ROE

At a PE of 11.66 against an industry PE of 34.85, KRBL trades at a discount to its industry. Price to book is 1.52 on a book value of Rs 253.68 per share, and return on equity is 11.16%. A PE of 11.66 equals an earnings yield of 8.6%, and the FY26 dividend of Rs 4.50 per share gives a yield of 1.16%.

Shareholding Pattern and Institutional Holding

Promoters held 60.17% of KRBL in June 2026, and promoter holding has stayed near 60.17% since June 2025. Foreign institutional investors (FII) held 7.28% and domestic institutions (DII) held 0.70%, which puts total institutional holding at 7.98%. FII holding rose from 6.72% in June 2025 to 7.28% in June 2026. Public shareholders own the remaining 31.85%.

KRBL Share Price Targets for the Short Term and 12 Months

Short Term KRBL Stock Target Levels: Technical Setup

At Rs 389.40 on 9 October 2026, KRBL trades below its 50-day simple moving average of Rs 398.25 and above its 200-day exponential moving average of Rs 373.70. The 14-day RSI reads 49.0, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 398.25 (50-day simple moving average) and the nearest support is Rs 373.70 (200-day exponential moving average). A sustained move above Rs 398.25 would improve the short-term setup, while a close below Rs 373.70 would shift attention to the next support.

12 Month KRBL Target Price for 2027

The 12-month target for KRBL is Rs 406: forward EPS of Rs 34.78 at a PE of 11.66. That is 4.3% above Rs 389.40. It would still leave the stock 10.3% below its 52-week high of Rs 452.80. The upside in the base case is thin, so the thesis here leans on the bull case and on patience.

How EPS Growth and PE Multiple Change the KRBL Target Price

EPS Growth PE 9.33 PE 11.66 PE 13.41
0.0% (EPS Rs 33.13) Rs 309 Rs 386 Rs 444
5.0% (EPS Rs 34.78) Rs 324 Rs 406 Rs 466
11.0% (EPS Rs 36.77) Rs 343 Rs 429 Rs 493

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 KRBL price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.

Bull Case and Downside Risk for KRBL Stock Target in 2027

Bull Case Rs 493

The bull case KRBL price target needs EPS growth of 11.0%, which lifts forward EPS to Rs 36.77, and a PE multiple that rises 15% to 13.41. That gives Rs 493, 26.6% above the current price and above the 52-week high of Rs 452.80, so the stock would have to set a fresh 52-week high.

Downside Risk Level Rs 309

The downside risk level is not a target. It assumes EPS stays flat at Rs 33.13 and the PE falls 20% to 9.33. That gives Rs 309, 20.6% below the current price and above the 52-week low of Rs 274.65.

Scenario EPS Growth PE Multiple Price (Rs) Change vs CMP
Bull Case 11.0% 13.41 Rs 493 +26.6%
Base Case 5.0% 11.66 Rs 406 +4.3%
Downside Risk 0.0% 9.33 Rs 309 -20.6%

Key Risks to the KRBL Target Price for 2027

Growth Slowdown Risk for the KRBL Price Target

Revenue in the June 2026 quarter was down 3.5% year on year, and FY26 revenue growth was 9.1%. A fall in sales would make the EPS growth behind the KRBL stock target harder to reach.

Liquidity and Size Risk

KRBL has a market capitalisation of Rs 8,844 crore. Institutional holding is 7.98%, and promoters hold 60.17%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.

Valuation and Margin Risk

Net margin was 10.5% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 11.66 versus an industry PE of 34.85, a de-rating toward the downside-risk PE of 9.33 would cut the price even if earnings hold.

Market and Technical Risk

The stock trades 14.0% below its 52-week high, with an RSI of 49.0 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.

How to Invest in KRBL

Start with the live price and volume. Any KRBL 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 389.40 price before acting on any level.

Next, review the fundamentals yourself. The Univest Screener lets you check KRBL’s PE, ROE, debt and shareholding in one place.

Check KRBL fundamentals on the Univest Screener

Then compare the three KRBL target price scenarios with your own view. If you expect EPS growth below 5.0%, 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 KRBL live price and get daily stock recommendations.

Conclusion

The KRBL share price target for 2027 is Rs 406 in the base case, with Rs 493 as the bull case. The support for that view is arithmetic you can check: EPS grew 5.0% a year over FY24 to FY26, and the stock trades at a PE of 11.66. The risks are equally concrete, including a stock that sits 14.0% below its 52-week high and a downside scenario that cuts the price 21% 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 KRBL Share Price Target 2027

What is the KRBL share price target for 2027?

Ans. The base-case KRBL share price target for 2027 is Rs 406, with Rs 493 as the bull case. The downside risk level, which is not a target, is Rs 309. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.

What is the KRBL share price today?

Ans. As of 9 October 2026, 3:29 PM IST, KRBL trades at Rs 389.40, up 0.87% on the day. The 52-week range is Rs 274.65 to Rs 452.80.

Is KRBL a buy or sell at the current price?

Ans. The data is mixed rather than one-sided: EPS has grown 5.0% a year over FY24 to FY26, but the stock is 14.0% below its 52-week high. Whether KRBL 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 KRBL shares?

Ans. The bull case target is Rs 493, which assumes 11.0% EPS growth and a PE of 13.41. The downside risk level is Rs 309, which assumes flat EPS and a PE of 9.33. It marks a risk, not a target.

What are the main risks to the KRBL price target?

Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 8,844 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 KRBL and how does it compare with the industry?

Ans. The PE ratio of KRBL is 11.66 against an industry PE of 34.85. Price to book is 1.52 and return on equity is 11.16%. The base case in the KRBL price target holds this PE constant.

Who owns KRBL, and what is the promoter holding?

Ans. Promoters held 60.17% of KRBL in June 2026. FII held 7.28%, DII held 0.70% and the public held 31.85%.

What were KRBL’s latest quarterly results?

Ans. In the June 2026 quarter, KRBL reported revenue of Rs 1,560 crore (down 3.5% year on year) and net profit of Rs 260.74 crore (up 73.2%).



Stock Market
Author: Kunal Singla
Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.

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