Innova Captab Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
- October 9, 2026
- Posted by: Chaitanya Auti
- Category: Market
Innova Captab share price Rs 1,117.40 (9 October 2026). Base target Rs 1,298, bull Rs 1,571, downside risk Rs 904. PE 41.98. 52W range Rs 622.00 to Rs 1,353.50.
Quick Answer
The Innova Captab share price target for 2027 is Rs 1,298, about 16.2% above the current price of Rs 1,117.40. The bull case is Rs 1,571, and the downside risk level, which is not a target, is Rs 904. The base case assumes earnings per share grow 14.9% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 41.98. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing an Innova Captab target price for 2027 should start with where the stock sits today. At Rs 1,117.40 on 9 October 2026, it is 17.4% below its 52-week high of Rs 1,353.50 and 79.6% above its 52-week low of Rs 622.00. That range spans 118% from low to high, so the entry point matters as much as the Innova Captab price forecast itself.
This article builds the Innova Captab 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 1,298 base case and the Rs 1,571 bull case were reached, along with a downside risk level of Rs 904.
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Innova Captab Stock Analysis: Company Overview and Key Stats
Innova Captab (NSE: INNOVACAP) has a market capitalisation of Rs 6,467 crore. In FY26 it reported revenue of Rs 1,637 crore and net profit of Rs 140.92 crore. The table collects the figures the Innova Captab share price target is built on.
| Metric | Value |
|---|---|
| Company | Innova Captab |
| NSE Ticker | INNOVACAP |
| CMP (9 October 2026) | Rs 1,117.40 |
| 52-Week High | Rs 1,353.50 |
| 52-Week Low | Rs 622.00 |
| Market Cap | Rs 6,467 crore |
| PE Ratio (TTM) | 41.98 |
| Industry PE | 37.59 |
| Price to Book | 5.93 |
| Return on Equity | 12.92% |
| Debt to Equity | 0.32 |
| EPS (TTM) | Rs 26.92 |
| Dividend Yield | 0.18% |
| 12-Month Base Target | Rs 1,298 |
| Bull Case | Rs 1,571 |
| Downside Risk Level (not a target) | Rs 904 |
Why Is Innova Captab Share Price Target Set at Rs 1,298 for 2027?
The base-case Innova Captab stock target of Rs 1,298 applies a PE multiple of 41.98 to a forward EPS estimate of Rs 30.93. That EPS assumes 14.9% yearly growth, the pace from FY24 to FY26, and puts the target 16.2% 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 Innova Captab Target Price: Five Years of Results
Innova Captab grew revenue from Rs 803.41 crore in FY22 to Rs 1,637 crore in FY26, a compound annual growth rate of 19.5%. Net profit grew faster, from Rs 63.95 crore to Rs 140.92 crore (21.8% 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 | 803.41 | 63.95 | 13.32 | 0.00 |
| FY23 | 935.58 | 67.95 | 14.16 | 0.00 |
| FY24 | 1,093.79 | 94.34 | 18.66 | 0.00 |
| FY25 | 1,255.72 | 128.26 | 22.41 | 0.00 |
| FY26 | 1,637.44 | 140.92 | 24.63 | 2.00 |
FY26 revenue growth was 30.4%, faster than the four-year average of 19.5%, and net profit moved up 9.9%. EPS rose from Rs 18.66 in FY24 to Rs 24.63 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Innova Captab converted 8.6% of FY26 revenue into net profit, against 10.2% in FY25, within a five-year range of 7.3% to 10.2%. EBITDA margin was 15.3% in FY26 versus 15.8% in FY25.
In the June 2026 quarter, revenue was Rs 472.86 crore, up 32.8% from the same quarter a year earlier, while net profit of Rs 44.13 crore was up 42.3%. EBITDA came in at Rs 75.12 crore, up 32.7% 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 0.32, and shareholders’ equity grew from Rs 208.61 crore in FY22 to Rs 1,091 crore in FY26. Operating cash flow in FY26 was Rs 116.52 crore against capital expenditure of Rs 68.35 crore, leaving free cash flow of Rs 48.17 crore, or 0.7% of the current market capitalisation. In FY25 free cash flow was negative at Rs 108.66 crore, so cash generation has not been steady year to year.
Valuation Check for the Innova Captab Stock Target: PE, Price to Book and ROE
At a PE of 41.98 against an industry PE of 37.59, Innova Captab trades at a premium to its industry. Price to book is 5.93 on a book value of Rs 190.61 per share, and return on equity is 12.92%. A PE of 41.98 equals an earnings yield of 2.4%, and the FY26 dividend of Rs 2.00 per share gives a yield of 0.18%.
Shareholding Pattern and Institutional Holding
Promoters held 50.90% of Innova Captab in June 2026, and promoter holding has stayed near 50.90% since June 2025. Foreign institutional investors (FII) held 0.34% and domestic institutions (DII) held 19.92%, which puts total institutional holding at 20.26%. FII holding has stayed near 0.34% since June 2025. Public shareholders own the remaining 28.84%. A meaningful institutional holding adds a layer of research coverage and trading depth.
Innova Captab Share Price Targets for the Short Term and 12 Months
Short Term Innova Captab Stock Target Levels: Technical Setup
At Rs 1,117.40 on 9 October 2026, Innova Captab trades above its 50-day simple moving average of Rs 1,102.78 and above its 200-day exponential moving average of Rs 944.24. The 14-day RSI reads 41.4, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 1,353.50 (52-week high) and the nearest support is Rs 1,102.78 (50-day simple moving average). A sustained move above Rs 1,353.50 would improve the short-term setup, while a close below Rs 1,102.78 would shift attention to the next support.
12 Month Innova Captab Target Price for 2027
The 12-month target for Innova Captab is Rs 1,298: forward EPS of Rs 30.93 at a PE of 41.98. That is 16.2% above Rs 1,117.40. It would still leave the stock 4.1% below its 52-week high of Rs 1,353.50.
How EPS Growth and PE Multiple Change the Innova Captab Target Price
| EPS Growth | PE 33.58 | PE 41.98 | PE 48.28 |
|---|---|---|---|
| 0.0% (EPS Rs 26.92) | Rs 904 | Rs 1,130 | Rs 1,300 |
| 14.9% (EPS Rs 30.93) | Rs 1,039 | Rs 1,298 | Rs 1,493 |
| 20.9% (EPS Rs 32.54) | Rs 1,093 | Rs 1,366 | Rs 1,571 |
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 Innova Captab price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Innova Captab Stock Target in 2027
Bull Case Rs 1,571
The bull case Innova Captab price target needs EPS growth of 20.9%, which lifts forward EPS to Rs 32.54, and a PE multiple that rises 15% to 48.28. That gives Rs 1,571, 40.6% above the current price and above the 52-week high of Rs 1,353.50, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 904
The downside risk level is not a target. It assumes EPS stays flat at Rs 26.92 and the PE falls 20% to 33.58. That gives Rs 904, 19.1% below the current price and above the 52-week low of Rs 622.00.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 20.9% | 48.28 | Rs 1,571 | +40.6% |
| Base Case | 14.9% | 41.98 | Rs 1,298 | +16.2% |
| Downside Risk | 0.0% | 33.58 | Rs 904 | -19.1% |
Key Risks to the Innova Captab Target Price for 2027
Growth Slowdown Risk for the Innova Captab Price Target
Revenue in the June 2026 quarter was up 32.8% year on year, and FY26 revenue growth was 30.4%. If growth slows from here, the EPS estimate behind the Innova Captab stock target will need revising.
Liquidity and Size Risk
Innova Captab has a market capitalisation of Rs 6,467 crore. Institutional holding is 20.26%, and promoters hold 50.90%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 8.6% in FY26, so a small slip in costs moves profit noticeably. At a PE of 41.98 versus an industry PE of 37.59, a de-rating toward the downside-risk PE of 33.58 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 17.4% below its 52-week high, with an RSI of 41.4 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in Innova Captab
Start with the live price and volume. Any Innova Captab 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 1,117.40 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Innova Captab’s PE, ROE, debt and shareholding in one place.
Check Innova Captab fundamentals on the Univest Screener
Then compare the three Innova Captab target price scenarios with your own view. If you expect EPS growth below 14.9%, 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 Innova Captab live price and get daily stock recommendations.
Conclusion
The Innova Captab share price target for 2027 is Rs 1,298 in the base case, with Rs 1,571 as the bull case. The support for that view is arithmetic you can check: EPS grew 14.9% a year over FY24 to FY26, and the stock trades at a PE of 41.98. The risks are equally concrete, including a stock that sits 17.4% below its 52-week high and a downside scenario that cuts the price 19% 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 Innova Captab Share Price Target 2027
What is the Innova Captab share price target for 2027?
Ans. The base-case Innova Captab share price target for 2027 is Rs 1,298, with Rs 1,571 as the bull case. The downside risk level, which is not a target, is Rs 904. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the Innova Captab share price today?
Ans. As of 9 October 2026, 3:29 PM IST, Innova Captab trades at Rs 1,117.40, down 1.07% on the day. The 52-week range is Rs 622.00 to Rs 1,353.50.
Is Innova Captab a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 14.9% a year over FY24 to FY26, but the stock is 17.4% below its 52-week high. Whether Innova Captab 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 Innova Captab shares?
Ans. The bull case target is Rs 1,571, which assumes 20.9% EPS growth and a PE of 48.28. The downside risk level is Rs 904, which assumes flat EPS and a PE of 33.58. It marks a risk, not a target.
What are the main risks to the Innova Captab price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 6,467 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 Innova Captab and how does it compare with the industry?
Ans. The PE ratio of Innova Captab is 41.98 against an industry PE of 37.59. Price to book is 5.93 and return on equity is 12.92%. The base case in the Innova Captab price target holds this PE constant.
Who owns Innova Captab, and what is the promoter holding?
Ans. Promoters held 50.90% of Innova Captab in June 2026. FII held 0.34%, DII held 19.92% and the public held 28.84%.
What were Innova Captab’s latest quarterly results?
Ans. In the June 2026 quarter, Innova Captab reported revenue of Rs 472.86 crore (up 32.8% year on year) and net profit of Rs 44.13 crore (up 42.3%).