Commercial Syn Bags Share Price Target 2027: Can It Reach Rs 350? Base Case at Rs 292
- November 10, 2026
- Posted by: Chaitanya Auti
- Category: Market
Commercial Syn Bags share price Rs 244.28 (10 November 2026). Base target Rs 292, bull Rs 350, downside risk Rs 195. PE 34.35. 52W range Rs 136.44 to Rs 315.40.
Quick Answer
The Commercial Syn Bags share price target for 2027 is Rs 292, about 19.5% above the current price of Rs 244.28. The bull case is Rs 350, and the downside risk level, which is not a target, is Rs 195. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 78.4%, with the stock holding its PE of 34.35. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Commercial Syn Bags target price for 2027 should start with where the stock sits today. At Rs 244.28 on 10 November 2026, it is 22.5% below its 52-week high of Rs 315.40 and 79.0% above its 52-week low of Rs 136.44. That range spans 131% from low to high, so the entry point matters as much as the Commercial Syn Bags price forecast itself.
This article builds the Commercial Syn Bags 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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Commercial Syn Bags Stock Analysis: Company Overview and Key Stats
Commercial Syn Bags (NSE: COMSYN) has a market capitalisation of Rs 1,020 crore. In FY26 it reported revenue of Rs 389.63 crore and net profit of Rs 26.32 crore. The table collects the figures the Commercial Syn Bags share price target is built on.
| Metric | Value |
|---|---|
| Company | Commercial Syn Bags |
| NSE Ticker | COMSYN |
| CMP (10 November 2026) | Rs 244.28 |
| 52-Week High | Rs 315.40 |
| 52-Week Low | Rs 136.44 |
| Market Cap | Rs 1,020 crore |
| PE Ratio (TTM) | 34.35 |
| Industry PE | 21.60 |
| Price to Book | 5.48 |
| Return on Equity | 14.83% |
| Debt to Equity | 0.72 |
| EPS (TTM) | Rs 7.08 |
| Dividend Yield | 0.00% |
| 12-Month Base Target | Rs 292 |
| Bull Case | Rs 350 |
| Downside Risk Level (not a target) | Rs 195 |
Why Is Commercial Syn Bags Share Price Target Set at Rs 292 for 2027?
The arithmetic is short. Trailing EPS of Rs 7.08 grown for one year gives a forward EPS estimate of Rs 8.50, and multiplying it by the unchanged PE of 34.35 gives the Rs 292 base-case Commercial Syn Bags 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 Commercial Syn Bags Target Price: Five Years of Results
Commercial Syn Bags grew revenue from Rs 326.20 crore in FY22 to Rs 389.63 crore in FY26, a compound annual growth rate of 4.5%. Net profit grew faster, from Rs 18.31 crore to Rs 26.32 crore (9.5% 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 | 326.20 | 18.31 | 14.64 | 2.10 |
| FY23 | 291.79 | 8.09 | 2.08 | 0.00 |
| FY24 | 291.78 | 7.86 | 1.97 | 0.00 |
| FY25 | 351.85 | 17.12 | 4.29 | 0.40 |
| FY26 | 389.63 | 26.32 | 6.27 | 0.00 |
FY26 revenue growth was 10.7%, faster than the four-year average of 4.5%, and net profit moved up 53.7%. EPS rose from Rs 1.97 in FY24 to Rs 6.27 in FY26. The FY27 outlook for the Commercial Syn Bags price target depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Commercial Syn Bags converted 6.8% of FY26 revenue into net profit, against 4.9% in FY25, within a five-year range of 2.7% to 6.8%. EBITDA margin was 13.0% in FY26 versus 11.3% in FY25.
In the June 2026 quarter, revenue was Rs 109.93 crore, up 20.5% from the same quarter a year earlier, while net profit of Rs 8.93 crore was up 60.9%. EBITDA came in at Rs 16.48 crore, up 40.5% year on year. The next quarterly result is the first test of whether the earnings assumption behind the Commercial Syn Bags stock target holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.72, and shareholders’ equity grew from Rs 105.70 crore in FY22 to Rs 177.51 crore in FY26. Operating cash flow in FY26 was Rs 38.93 crore against capital expenditure of Rs 40.17 crore, leaving negative free cash flow of Rs 1.24 crore. In FY25 free cash flow was negative at Rs 8.38 crore.
Valuation Check for the Commercial Syn Bags Stock Target: PE, Price to Book and ROE
At a PE of 34.35 against an industry PE of 21.60, Commercial Syn Bags trades at a premium to its industry. Price to book is 5.48 on a book value of Rs 44.39 per share, and return on equity is 14.83%. A PE of 34.35 equals an earnings yield of 2.9%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.00%.
Shareholding Pattern and Institutional Holding
Promoters held 60.75% of Commercial Syn Bags in September 2026, and promoter holding rose from 58.79% in September 2025 to 60.75% in September 2026. Foreign institutional investors (FII) held 2.32% and domestic institutions (DII) held 0.05%, which puts total institutional holding at 2.37%. FII holding rose from 0.11% in September 2025 to 2.32% in September 2026. Public shareholders own the remaining 36.87%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.
Commercial Syn Bags Share Price Targets for the Short Term and 12 Months
Short Term Commercial Syn Bags Stock Target Levels: Technical Setup
At Rs 244.28 on 10 November 2026, Commercial Syn Bags trades below its 50-day simple moving average of Rs 263.93 and above its 200-day exponential moving average of Rs 209.41. The 14-day RSI reads 54.0, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 263.93 (50-day simple moving average) and the nearest support is Rs 209.41 (200-day exponential moving average). A sustained move above Rs 263.93 would improve the short-term setup, while a close below Rs 209.41 would shift attention to the next support.
12 Month Commercial Syn Bags Target Price for 2027
The 12-month target of Rs 292 means a move of 19.5% up from Rs 244.28 over the next 12 months. It would still leave the stock 7.4% below its 52-week high of Rs 315.40. Anyone checking the Commercial Syn Bags 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 Commercial Syn Bags Target Price
| EPS Growth | PE 27.48 | PE 34.35 | PE 39.50 |
|---|---|---|---|
| 0.0% (EPS Rs 7.08) | Rs 195 | Rs 243 | Rs 280 |
| 20.0% (EPS Rs 8.50) | Rs 234 | Rs 292 | Rs 336 |
| 25.0% (EPS Rs 8.85) | Rs 243 | Rs 304 | Rs 350 |
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 Commercial Syn Bags price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Commercial Syn Bags Stock Target in 2027
Bull Case Rs 350
The bull case Commercial Syn Bags price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 8.85, and a PE multiple that rises 15% to 39.50. That gives Rs 350, 43.3% above the current price and above the 52-week high of Rs 315.40, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 195
The downside risk level is not a target. It assumes EPS stays flat at Rs 7.08 and the PE falls 20% to 27.48. That gives Rs 195, 20.2% below the current price and above the 52-week low of Rs 136.44.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 39.50 | Rs 350 | +43.3% |
| Base Case | 20.0% | 34.35 | Rs 292 | +19.5% |
| Downside Risk | 0.0% | 27.48 | Rs 195 | -20.2% |
Key Risks to the Commercial Syn Bags Target Price for 2027
Growth Slowdown Risk for the Commercial Syn Bags Price Target
Revenue in the June 2026 quarter was up 20.5% year on year, and FY26 revenue growth was 10.7%. If growth slows from here, the EPS estimate behind the Commercial Syn Bags stock target will need revising.
Liquidity and Size Risk
Commercial Syn Bags has a market capitalisation of Rs 1,020 crore. Institutional holding is 2.37%, and promoters hold 60.75%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 6.8% in FY26, so a small slip in costs moves profit noticeably. At a PE of 34.35 versus an industry PE of 21.60, a de-rating toward the downside-risk PE of 27.48 would cut the price even if earnings hold.
Market and Technical Risk
Technical indicators add short-term risk: the 14-day RSI is 54.0 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.
How to Invest in Commercial Syn Bags
Start with the live price and volume. Any Commercial Syn Bags share price target is only as current as the data behind it, and the data here is as of 10 November 2026, so refresh the Rs 244.28 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Commercial Syn Bags’ PE, ROE, debt and shareholding in one place.
Check Commercial Syn Bags fundamentals on the Univest Screener
Then compare the three Commercial Syn Bags 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 Commercial Syn Bags live price and get daily stock recommendations.
Conclusion
The Commercial Syn Bags share price target for 2027 is Rs 292 in the base case, with Rs 350 as the bull case. The support for that view is arithmetic you can check: EPS grew 78.4% a year over FY24 to FY26, and the stock trades at a PE of 34.35. The risks are equally concrete, including a PE of 34.35 that sits above the industry PE of 21.60 and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework for judging the Commercial Syn Bags price target, 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 Commercial Syn Bags Share Price Target 2027
What is the Commercial Syn Bags share price target for 2027?
Ans. The base-case Commercial Syn Bags share price target for 2027 is Rs 292, which is 19.5% above the price of Rs 244.28 on 10 November 2026. The bull case is Rs 350 and the downside risk level, which is not a target, is Rs 195. 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 Commercial Syn Bags share price today?
Ans. As of 10 November 2026, 9:32 AM IST, Commercial Syn Bags (NSE: COMSYN) trades at Rs 244.28, down 0.76% on the day. That is 22.5% below the 52-week high of Rs 315.40 and 79.0% above the 52-week low of Rs 136.44. The market capitalisation of Rs 1,020 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 Commercial Syn Bags a buy or sell at the current price?
Ans. The data points both ways. On the positive side, EPS has grown 78.4% a year over FY24 to FY26 and the base case implies 19.5% upside; on the cautious side, the PE of 34.35 sits above the industry PE of 21.60, and the downside risk level of Rs 195 is 20% below the current price. Whether Commercial Syn Bags 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 Commercial Syn Bags shares?
Ans. The bull case in the Commercial Syn Bags share price target for 2027 is Rs 350, which assumes 25.0% EPS growth and a PE of 39.50, a 15% re-rating from today’s multiple. That is 43.3% above the current price and above the 52-week high of Rs 315.40, so the stock would have to set a fresh 52-week high. The downside risk level is Rs 195, which assumes flat EPS and a PE of 27.48, 20% lower than today. It sits 20.2% below the current price and above the 52-week low of Rs 136.44, and it marks a risk to watch, not a target.
What are the main risks to the Commercial Syn Bags price target?
Ans. Four risks matter most for the Commercial Syn Bags 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 1,020 crore, the stock can move sharply on small volumes, and exits can take longer than entries. A fall to the downside-risk PE of 27.48 would cut the price even if earnings hold.
What is the PE ratio of Commercial Syn Bags and how does it compare with the industry?
Ans. The PE ratio of Commercial Syn Bags is 34.35, against an industry PE of 21.60, which is a premium to the industry. Price to book is 5.48 and return on equity is 14.83%, and the PE equals an earnings yield of 2.9%. The base case holds the PE unchanged, so the Commercial Syn Bags share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.
Who owns Commercial Syn Bags, and what is the promoter holding?
Ans. Promoters held 60.75% of Commercial Syn Bags in September 2026. FII held 2.32%, DII held 0.05% and the public held 36.87%. Together the two institutional groups hold 2.37%. Shareholding is filed every quarter, so it is worth rechecking after each result.
What were Commercial Syn Bags’ latest quarterly results?
Ans. In the June 2026 quarter, Commercial Syn Bags reported revenue of Rs 109.93 crore (up 20.5% year on year) and net profit of Rs 8.93 crore (up 60.9%). For comparison, FY26 full-year revenue growth was 10.7% and net profit moved up 53.7%. Each new quarter either supports or weakens the EPS growth of 20.0% assumed in the base case.