Power & Instrumentation (Gujarat) Share Price Target 2027: 25.5% Upside to Rs 119, Bull Rs 143
- November 5, 2026
- Posted by: Chaitanya Auti
- Category: Market
Power & Instrumentation (Gujarat) share price Rs 94.79 (5 November 2026). Base target Rs 119, bull Rs 143, downside risk Rs 79.7. PE 13.81. 52W range Rs 85.16 to Rs 165.11.
Quick Answer
The Power & Instrumentation (Gujarat) share price target for 2027 is Rs 119, about 25.5% above the current price of Rs 94.79. The bull case is Rs 143, and the downside risk level, which is not a target, is Rs 79.7. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 27.5%, with the stock holding its PE of 13.81. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Power & Instrumentation (Gujarat) target price for 2027 should start with where the stock sits today. At Rs 94.79 on 5 November 2026, it is 42.6% below its 52-week high of Rs 165.11 and 11.3% above its 52-week low of Rs 85.16. That range spans 94% from low to high, so the entry point matters as much as the Power & Instrumentation (Gujarat) price forecast itself.
This article builds the Power & Instrumentation (Gujarat) 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 states its assumptions, so you can trace how the base case, the bull case and the downside risk level were reached and test them against your own view.
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Power & Instrumentation (Gujarat) Stock Analysis: Company Overview and Key Stats
Power & Instrumentation (Gujarat) (NSE: PIGL) has a market capitalisation of Rs 211 crore. In FY26 it reported revenue of Rs 220.30 crore and net profit of Rs 14.84 crore. The table collects the figures the Power & Instrumentation (Gujarat) share price target is built on.
| Metric | Value |
|---|---|
| Company | Power & Instrumentation (Gujarat) |
| NSE Ticker | PIGL |
| CMP (5 November 2026) | Rs 94.79 |
| 52-Week High | Rs 165.11 |
| 52-Week Low | Rs 85.16 |
| Market Cap | Rs 211 crore |
| PE Ratio (TTM) | 13.81 |
| Industry PE | 42.17 |
| Price to Book | 1.38 |
| Return on Equity | 9.29% |
| Debt to Equity | 0.09 |
| EPS (TTM) | Rs 7.21 |
| Dividend Yield | 0.00% |
| 12-Month Base Target | Rs 119 |
| Bull Case | Rs 143 |
| Downside Risk Level (not a target) | Rs 79.7 |
Why Is Power & Instrumentation (Gujarat) Share Price Target Set at Rs 119 for 2027?
The arithmetic is short. Trailing EPS of Rs 7.21 grown for one year gives a forward EPS estimate of Rs 8.65, and multiplying it by the unchanged PE of 13.81 gives the Rs 119 base-case Power & Instrumentation (Gujarat) stock target. 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 Power & Instrumentation (Gujarat) Target Price: Five Years of Results
Power & Instrumentation (Gujarat) grew revenue from Rs 91.75 crore in FY22 to Rs 220.30 crore in FY26, a compound annual growth rate of 24.5%. Net profit grew faster, from Rs 2.88 crore to Rs 14.84 crore (50.7% 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 | 91.75 | 2.88 | 3.40 | 0.00 |
| FY23 | 95.28 | 3.61 | 3.37 | 0.20 |
| FY24 | 98.89 | 5.89 | 5.00 | 0.20 |
| FY25 | 171.28 | 11.76 | 7.81 | 0.20 |
| FY26 | 220.30 | 14.84 | 8.13 | 0.00 |
FY26 revenue growth was 28.6%, faster than the four-year average of 24.5%, and net profit moved up 26.2%. EPS rose from Rs 5.00 in FY24 to Rs 8.13 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Power & Instrumentation (Gujarat) converted 6.7% of FY26 revenue into net profit, against 6.9% in FY25, within a five-year range of 3.1% to 6.9%. EBITDA margin was 11.1% in FY26 versus 11.4% in FY25.
In the June 2026 quarter, revenue was Rs 49.34 crore, up 18.7% from the same quarter a year earlier, while net profit of Rs 3.05 crore was up 16.4%. EBITDA came in at Rs 5.46 crore, up 27.6% 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 0.09, and shareholders’ equity grew from Rs 36.45 crore in FY22 to Rs 167.36 crore in FY26. Operating cash flow in FY26 was negative at Rs 5.02 crore against capital expenditure of Rs 1.09 crore, leaving negative free cash flow of Rs 6.11 crore. In FY25 free cash flow was negative at Rs 40.20 crore.
Valuation Check for the Power & Instrumentation (Gujarat) Stock Target: PE, Price to Book and ROE
At a PE of 13.81 against an industry PE of 42.17, Power & Instrumentation (Gujarat) trades at a discount to its industry. Price to book is 1.38 on a book value of Rs 72.10 per share, and return on equity is 9.29%. A PE of 13.81 equals an earnings yield of 7.2%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.00%.
Shareholding Pattern and Institutional Holding
Promoters held 50.69% of Power & Instrumentation (Gujarat) in September 2026, and promoter holding rose from 48.23% in January 2026 to 50.69% in September 2026. Foreign institutional investors (FII) held 0.01% and domestic institutions (DII) held 1.13%, which puts total institutional holding at 1.14%. FII holding has stayed near 0.01% since January 2026. Public shareholders own the remaining 48.17%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.
Power & Instrumentation (Gujarat) Share Price Targets for the Short Term and 12 Months
Short Term Power & Instrumentation (Gujarat) Stock Target Levels: Technical Setup
At Rs 94.79 on 5 November 2026, Power & Instrumentation (Gujarat) trades below its 50-day simple moving average of Rs 97.05 and below its 200-day exponential moving average of Rs 110.79. The 14-day RSI reads 54.3, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 97.05 (50-day simple moving average) and the nearest support is Rs 85.16 (52-week low). A sustained move above Rs 97.05 would improve the short-term setup, while a close below Rs 85.16 would shift attention to the next support.
12 Month Power & Instrumentation (Gujarat) Target Price for 2027
The 12-month target of Rs 119 means a move of 25.5% up from Rs 94.79 over the next 12 months. It would still leave the stock 27.9% below its 52-week high of Rs 165.11. Anyone checking the Power & Instrumentation (Gujarat) share price target against their own view should focus on two inputs: the EPS estimate and the PE multiple.
How EPS Growth and PE Multiple Change the Power & Instrumentation (Gujarat) Target Price
| EPS Growth | PE 11.05 | PE 13.81 | PE 15.88 |
|---|---|---|---|
| 0.0% (EPS Rs 7.21) | Rs 79.7 | Rs 99.6 | Rs 114 |
| 20.0% (EPS Rs 8.65) | Rs 95.6 | Rs 119 | Rs 137 |
| 25.0% (EPS Rs 9.01) | Rs 99.6 | Rs 124 | Rs 143 |
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 Power & Instrumentation (Gujarat) price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Power & Instrumentation (Gujarat) Stock Target in 2027
Bull Case Rs 143
The bull case Power & Instrumentation (Gujarat) price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 9.01, and a PE multiple that rises 15% to 15.88. That gives Rs 143, 50.9% above the current price and below the 52-week high of Rs 165.11.
Downside Risk Level Rs 79.7
The downside risk level is not a target. It assumes EPS stays flat at Rs 7.21 and the PE falls 20% to 11.05. That gives Rs 79.7, 15.9% below the current price and below the 52-week low of Rs 85.16.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 15.88 | Rs 143 | +50.9% |
| Base Case | 20.0% | 13.81 | Rs 119 | +25.5% |
| Downside Risk | 0.0% | 11.05 | Rs 79.7 | -15.9% |
Key Risks to the Power & Instrumentation (Gujarat) Target Price for 2027
Growth Slowdown Risk for the Power & Instrumentation (Gujarat) Price Target
Revenue in the June 2026 quarter was up 18.7% year on year, and FY26 revenue growth was 28.6%. If growth slows from here, the EPS estimate behind the Power & Instrumentation (Gujarat) stock target will need revising.
Liquidity and Size Risk
Power & Instrumentation (Gujarat) has a market capitalisation of Rs 211 crore. Institutional holding is 1.14%, and promoters hold 50.69%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 6.7% in FY26, so a small slip in costs moves profit noticeably. At a PE of 13.81 versus an industry PE of 42.17, a de-rating toward the downside-risk PE of 11.05 would cut the price even if earnings hold.
Market and Technical Risk
Technical indicators add short-term risk: the 14-day RSI is 54.3 and the MACD sits above its signal line. A broad fall in the Nifty 50 or the Sensex can override company fundamentals for weeks at a time. That applies to any Power & Instrumentation (Gujarat) stock target, however carefully it is built.
How to Invest in Power & Instrumentation (Gujarat)
Start with the live price and volume. Any Power & Instrumentation (Gujarat) share price target is only as current as the data behind it, and the data here is as of 5 November 2026, so refresh the Rs 94.79 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Power & Instrumentation (Gujarat)’s PE, ROE, debt and shareholding in one place.
Check Power & Instrumentation (Gujarat) fundamentals on the Univest Screener
Then compare the three Power & Instrumentation (Gujarat) 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 Power & Instrumentation (Gujarat) live price and get daily stock recommendations.
Conclusion
The Power & Instrumentation (Gujarat) share price target for 2027 is Rs 119 in the base case, with Rs 143 as the bull case. The support for that view is arithmetic you can check: EPS grew 27.5% a year over FY24 to FY26, and the stock trades at a PE of 13.81. The risks are equally concrete, including institutional holding of only 1.14% and a downside scenario that cuts the price 16% 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 Power & Instrumentation (Gujarat) Share Price Target 2027
What is the Power & Instrumentation (Gujarat) share price target for 2027?
Ans. The base-case Power & Instrumentation (Gujarat) share price target for 2027 is Rs 119, which is 25.5% above the price of Rs 94.79 on 5 November 2026. The bull case is Rs 143 and the downside risk level, which is not a target, is Rs 79.7. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.
What is the Power & Instrumentation (Gujarat) share price today?
Ans. As of 5 November 2026, 11:30 AM IST, Power & Instrumentation (Gujarat) (NSE: PIGL) trades at Rs 94.79, up 1.64% on the day. That is 42.6% below the 52-week high of Rs 165.11 and 11.3% above the 52-week low of Rs 85.16. The market capitalisation of Rs 211 crore places it among small-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.
Is Power & Instrumentation (Gujarat) a buy or sell at the current price?
Ans. The data points both ways. On the positive side, EPS has grown 27.5% a year over FY24 to FY26 and the base case implies 25.5% upside; on the cautious side, institutional holding is only 1.14%, and the downside risk level of Rs 79.7 is 16% below the current price. Whether Power & Instrumentation (Gujarat) fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.
What are the bull case target and downside risk level for Power & Instrumentation (Gujarat) shares?
Ans. The bull case in the Power & Instrumentation (Gujarat) share price target for 2027 is Rs 143, which assumes 25.0% EPS growth and a PE of 15.88, a 15% re-rating from today’s multiple. That is 50.9% above the current price and below the 52-week high of Rs 165.11. The downside risk level is Rs 79.7, which assumes flat EPS and a PE of 11.05, 20% lower than today. It sits 15.9% below the current price and below the 52-week low of Rs 85.16, and it marks a risk to watch, not a target.
What are the main risks to the Power & Instrumentation (Gujarat) price target?
Ans. Four risks matter most for the Power & Instrumentation (Gujarat) share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. With a market capitalisation of Rs 211 crore, the stock can move sharply on small volumes, and exits can take longer than entries. Institutional holding is only 1.14%, which can make price moves sharper. A fall to the downside-risk PE of 11.05 would cut the price even if earnings hold.
What is the PE ratio of Power & Instrumentation (Gujarat) and how does it compare with the industry?
Ans. The PE ratio of Power & Instrumentation (Gujarat) is 13.81, against an industry PE of 42.17, which is a discount to the industry. Price to book is 1.38 and return on equity is 9.29%, and the PE equals an earnings yield of 7.2%. The base case holds the PE unchanged, so the Power & Instrumentation (Gujarat) share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.
Who owns Power & Instrumentation (Gujarat), and what is the promoter holding?
Ans. Promoters held 50.69% of Power & Instrumentation (Gujarat) in September 2026. FII held 0.01%, DII held 1.13% and the public held 48.17%. Together the two institutional groups hold 1.14%. Shareholding is filed every quarter, so it is worth rechecking after each result.
What were Power & Instrumentation (Gujarat)’s latest quarterly results?
Ans. In the June 2026 quarter, Power & Instrumentation (Gujarat) reported revenue of Rs 49.34 crore (up 18.7% year on year) and net profit of Rs 3.05 crore (up 16.4%). For comparison, FY26 full-year revenue growth was 28.6% and net profit moved up 26.2%. Each new quarter either supports or weakens the EPS growth of 20.0% assumed in the base case.