Univest
Univest
  • Markets

International Gemmological Institute (India) Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

  • October 9, 2026
  • Posted by: Kunal Singla
  • Category: Market
No Comments
International Gemmological Institute (India) Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

International Gemmological Institute (India) share price Rs 309.00 (9 October 2026). Base target Rs 368, bull Rs 441, downside risk Rs 245. PE 21.72. 52W range Rs 287.00 to Rs 388.30.

Quick Answer

The International Gemmological Institute (India) share price target for 2027 is Rs 368, about 19.1% above the current price of Rs 309.00. The bull case is Rs 441, and the downside risk level, which is not a target, is Rs 245. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY23 to FY26 pace was 38.2%, with the stock holding its PE of 21.72. These are model-based estimates built from reported financials, not guaranteed outcomes.

Investors weighing an International Gemmological Institute (India) target price for 2027 should start with where the stock sits today. At Rs 309.00 on 9 October 2026, it is 20.4% below its 52-week high of Rs 388.30 and 7.7% above its 52-week low of Rs 287.00. That range spans 35% from low to high, so the entry point matters as much as the International Gemmological Institute (India) price forecast itself.

This article builds the International Gemmological Institute (India) share price target from reported numbers only: four 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 368 base case and the Rs 441 bull case were reached, along with a downside risk level of Rs 245.

Click Here – Get Free Investment Predictions

Table of Contents

Toggle
  • International Gemmological Institute (India) Stock Analysis: Company Overview and Key Stats
  • Why Is International Gemmological Institute (India) Share Price Target Set at Rs 368 for 2027?
    • Earnings Growth Behind the International Gemmological Institute (India) Target Price: Four Years of Results
    • Margins and the Latest Quarter
    • Balance Sheet and Cash Flow
    • Valuation Check for the International Gemmological Institute (India) Stock Target: PE, Price to Book and ROE
    • Shareholding Pattern and Institutional Holding
  • International Gemmological Institute (India) Share Price Targets for the Short Term and 12 Months
    • Short Term International Gemmological Institute (India) Stock Target Levels: Technical Setup
    • 12 Month International Gemmological Institute (India) Target Price for 2027
    • How EPS Growth and PE Multiple Change the International Gemmological Institute (India) Target Price
  • Bull Case and Downside Risk for International Gemmological Institute (India) Stock Target in 2027
    • Bull Case Rs 441
    • Downside Risk Level Rs 245
  • Key Risks to the International Gemmological Institute (India) Target Price for 2027
    • Growth Slowdown Risk for the International Gemmological Institute (India) Price Target
    • Liquidity and Size Risk
    • Valuation and Margin Risk
    • Market and Technical Risk
  • How to Invest in International Gemmological Institute (India)
  • Conclusion
  • FAQs on International Gemmological Institute (India) Share Price Target 2027
    • What is the International Gemmological Institute (India) share price target for 2027?
    • What is the International Gemmological Institute (India) share price today?
    • Is International Gemmological Institute (India) a buy or sell at the current price?
    • What are the bull case target and downside risk level for International Gemmological Institute (India) shares?
    • What are the main risks to the International Gemmological Institute (India) price target?
    • What is the PE ratio of International Gemmological Institute (India) and how does it compare with the industry?
    • Who owns International Gemmological Institute (India), and what is the promoter holding?
    • What were International Gemmological Institute (India)’s latest quarterly results?

International Gemmological Institute (India) Stock Analysis: Company Overview and Key Stats

International Gemmological Institute (India) (NSE: IGIL) has a market capitalisation of Rs 13,241 crore. In FY26 it reported revenue of Rs 1,662 crore and net profit of Rs 711.20 crore. The table collects the figures the International Gemmological Institute (India) share price target is built on.

Metric Value
Company International Gemmological Institute (India)
NSE Ticker IGIL
CMP (9 October 2026) Rs 309.00
52-Week High Rs 388.30
52-Week Low Rs 287.00
Market Cap Rs 13,241 crore
PE Ratio (TTM) 21.72
Industry PE 36.93
Price to Book 8.90
Return on Equity 38.34%
Debt to Equity 0.10
EPS (TTM) Rs 14.11
Dividend Yield 0.00%
12-Month Base Target Rs 368
Bull Case Rs 441
Downside Risk Level (not a target) Rs 245

Why Is International Gemmological Institute (India) Share Price Target Set at Rs 368 for 2027?

The base-case International Gemmological Institute (India) stock target of Rs 368 applies a PE multiple of 21.72 to a forward EPS estimate of Rs 16.93. That EPS assumes 20.0% yearly growth, the pace from FY23 to FY26, and puts the target 19.1% 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 International Gemmological Institute (India) Target Price: Four Years of Results

International Gemmological Institute (India) grew revenue from Rs 499.33 crore in FY22 to Rs 1,662 crore in FY26, a compound annual growth rate of 49.3%. Net profit grew more slowly, from Rs 241.76 crore to Rs 711.20 crore (43.3% 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 499.33 241.76 6.09 0.00
FY23 909.71 330.84 8.34 0.00
FY24 1,088.49 427.29 10.28 2.44
FY26 1,661.88 711.20 15.92 2.44

FY26 revenue growth was 52.7%, faster than the three-year average of 49.3%, and net profit moved up 66.4%. EPS rose from Rs 8.34 in FY23 to Rs 15.92 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

International Gemmological Institute (India) converted 42.8% of FY26 revenue into net profit, against 39.3% in FY24, within a four-year range of 36.4% to 48.4%. EBITDA margin was 62.4% in FY26 versus 58.3% in FY24.

In the June 2026 quarter, revenue was Rs 386.62 crore, up 22.9% from the same quarter a year earlier, while net profit of Rs 165.74 crore was up 31.0%. EBITDA came in at Rs 239.62 crore, up 28.0% 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 0.10, and shareholders’ equity grew from Rs 339.07 crore in FY22 to Rs 1,488 crore in FY26. Operating cash flow in FY26 was Rs 624.10 crore against capital expenditure of Rs 82.12 crore, leaving free cash flow of Rs 541.98 crore, or 4.1% of the current market capitalisation. In FY24 free cash flow was Rs 353.86 crore.

Valuation Check for the International Gemmological Institute (India) Stock Target: PE, Price to Book and ROE

At a PE of 21.72 against an industry PE of 36.93, International Gemmological Institute (India) trades at a discount to its industry. Price to book is 8.90 on a book value of Rs 34.43 per share, and return on equity is 38.34%. A PE of 21.72 equals an earnings yield of 4.6%, and the FY26 dividend of Rs 2.44 per share gives a yield of 0.00%.

Shareholding Pattern and Institutional Holding

Promoters held 76.55% of International Gemmological Institute (India) in September 2026, and promoter holding has stayed near 76.55% since September 2025. Foreign institutional investors (FII) held 8.80% and domestic institutions (DII) held 5.47%, which puts total institutional holding at 14.27%. FII holding fell from 10.55% in September 2025 to 8.80% in September 2026. Public shareholders own the remaining 9.18%.

International Gemmological Institute (India) Share Price Targets for the Short Term and 12 Months

Short Term International Gemmological Institute (India) Stock Target Levels: Technical Setup

At Rs 309.00 on 9 October 2026, International Gemmological Institute (India) trades below its 50-day simple moving average of Rs 333.25 and below its 200-day exponential moving average of Rs 342.11. The 14-day RSI reads 34.3, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 333.25 (50-day simple moving average) and the nearest support is Rs 287.00 (52-week low). A sustained move above Rs 333.25 would improve the short-term setup, while a close below Rs 287.00 would shift attention to the next support.

12 Month International Gemmological Institute (India) Target Price for 2027

The 12-month target for International Gemmological Institute (India) is Rs 368: forward EPS of Rs 16.93 at a PE of 21.72. That is 19.1% above Rs 309.00. It would still leave the stock 5.2% below its 52-week high of Rs 388.30.

How EPS Growth and PE Multiple Change the International Gemmological Institute (India) Target Price

EPS Growth PE 17.38 PE 21.72 PE 24.98
0.0% (EPS Rs 14.11) Rs 245 Rs 306 Rs 352
20.0% (EPS Rs 16.93) Rs 294 Rs 368 Rs 423
25.0% (EPS Rs 17.64) Rs 307 Rs 383 Rs 441

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 International Gemmological Institute (India) price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.

Bull Case and Downside Risk for International Gemmological Institute (India) Stock Target in 2027

Bull Case Rs 441

The bull case International Gemmological Institute (India) price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 17.64, and a PE multiple that rises 15% to 24.98. That gives Rs 441, 42.7% above the current price and above the 52-week high of Rs 388.30, so the stock would have to set a fresh 52-week high.

Downside Risk Level Rs 245

The downside risk level is not a target. It assumes EPS stays flat at Rs 14.11 and the PE falls 20% to 17.38. That gives Rs 245, 20.7% below the current price and below the 52-week low of Rs 287.00.

Scenario EPS Growth PE Multiple Price (Rs) Change vs CMP
Bull Case 25.0% 24.98 Rs 441 +42.7%
Base Case 20.0% 21.72 Rs 368 +19.1%
Downside Risk 0.0% 17.38 Rs 245 -20.7%

Key Risks to the International Gemmological Institute (India) Target Price for 2027

Growth Slowdown Risk for the International Gemmological Institute (India) Price Target

Revenue in the June 2026 quarter was up 22.9% year on year, and FY26 revenue growth was 52.7%. If growth slows from here, the EPS estimate behind the International Gemmological Institute (India) stock target will need revising.

Liquidity and Size Risk

International Gemmological Institute (India) has a market capitalisation of Rs 13,241 crore. Institutional holding is 14.27%, and promoters hold 76.55%. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.

Valuation and Margin Risk

Net margin was 42.8% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 21.72 versus an industry PE of 36.93, a de-rating toward the downside-risk PE of 17.38 would cut the price even if earnings hold.

Market and Technical Risk

The stock trades 20.4% below its 52-week high, with an RSI of 34.3 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.

How to Invest in International Gemmological Institute (India)

Start with the live price and volume. Any International Gemmological Institute (India) 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 309.00 price before acting on any level.

Next, review the fundamentals yourself. The Univest Screener lets you check International Gemmological Institute (India)’s PE, ROE, debt and shareholding in one place.

Check International Gemmological Institute (India) fundamentals on the Univest Screener

Then compare the three International Gemmological Institute (India) 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 International Gemmological Institute (India) live price and get daily stock recommendations.

Conclusion

The International Gemmological Institute (India) share price target for 2027 is Rs 368 in the base case, with Rs 441 as the bull case. The support for that view is arithmetic you can check: EPS grew 38.2% a year over FY23 to FY26, and the stock trades at a PE of 21.72. The risks are equally concrete, including a stock that sits 20.4% 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 International Gemmological Institute (India) Share Price Target 2027

What is the International Gemmological Institute (India) share price target for 2027?

Ans. The base-case International Gemmological Institute (India) share price target for 2027 is Rs 368, with Rs 441 as the bull case. The downside risk level, which is not a target, is Rs 245. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.

What is the International Gemmological Institute (India) share price today?

Ans. As of 9 October 2026, 3:29 PM IST, International Gemmological Institute (India) trades at Rs 309.00, up 0.64% on the day. The 52-week range is Rs 287.00 to Rs 388.30.

Is International Gemmological Institute (India) a buy or sell at the current price?

Ans. The data is mixed rather than one-sided: EPS has grown 38.2% a year over FY23 to FY26, but the stock is 20.4% below its 52-week high. Whether International Gemmological Institute (India) 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 International Gemmological Institute (India) shares?

Ans. The bull case target is Rs 441, which assumes 25.0% EPS growth and a PE of 24.98. The downside risk level is Rs 245, which assumes flat EPS and a PE of 17.38. It marks a risk, not a target.

What are the main risks to the International Gemmological Institute (India) price target?

Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 13,241 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 International Gemmological Institute (India) and how does it compare with the industry?

Ans. The PE ratio of International Gemmological Institute (India) is 21.72 against an industry PE of 36.93. Price to book is 8.90 and return on equity is 38.34%. The base case in the International Gemmological Institute (India) price target holds this PE constant.

Who owns International Gemmological Institute (India), and what is the promoter holding?

Ans. Promoters held 76.55% of International Gemmological Institute (India) in September 2026. FII held 8.80%, DII held 5.47% and the public held 9.18%.

What were International Gemmological Institute (India)’s latest quarterly results?

Ans. In the June 2026 quarter, International Gemmological Institute (India) reported revenue of Rs 386.62 crore (up 22.9% year on year) and net profit of Rs 165.74 crore (up 31.0%).



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.

Leave a Reply Cancel reply