NBCC (India) Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
- October 9, 2026
- Posted by: Lakshit Sharma
- Category: Market
NBCC (India) share price Rs 74.46 (9 October 2026). Base target Rs 89.0, bull Rs 107, downside risk Rs 59.3. PE 26.17. 52W range Rs 73.90 to Rs 125.85.
Quick Answer
The NBCC (India) share price target for 2027 is Rs 89.0, about 19.5% above the current price of Rs 74.46. The bull case is Rs 107, and the downside risk level, which is not a target, is Rs 59.3. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 33.9%, with the stock holding its PE of 26.17. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing an NBCC (India) target price for 2027 should start with where the stock sits today. At Rs 74.46 on 9 October 2026, it is 40.8% below its 52-week high of Rs 125.85 and 0.8% above its 52-week low of Rs 73.90. That range spans 70% from low to high, so the entry point matters as much as the NBCC (India) price forecast itself.
This article builds the NBCC (India) 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 89.0 base case and the Rs 107 bull case were reached, along with a downside risk level of Rs 59.3.
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NBCC (India) Stock Analysis: Company Overview and Key Stats
NBCC (India) (NSE: NBCC) has a market capitalisation of Rs 19,994 crore. In FY26 it reported revenue of Rs 13,196 crore and net profit of Rs 742.45 crore. The table collects the figures the NBCC (India) share price target is built on.
| Metric | Value |
|---|---|
| Company | NBCC (India) |
| NSE Ticker | NBCC |
| CMP (9 October 2026) | Rs 74.46 |
| 52-Week High | Rs 125.85 |
| 52-Week Low | Rs 73.90 |
| Market Cap | Rs 19,994 crore |
| PE Ratio (TTM) | 26.17 |
| Industry PE | 36.93 |
| Price to Book | 6.63 |
| Return on Equity | 23.86% |
| Debt to Equity | 0.00 |
| EPS (TTM) | Rs 2.83 |
| Dividend Yield | 1.35% |
| 12-Month Base Target | Rs 89.0 |
| Bull Case | Rs 107 |
| Downside Risk Level (not a target) | Rs 59.3 |
Why Is NBCC (India) Share Price Target Set at Rs 89.0 for 2027?
The base-case NBCC (India) stock target of Rs 89.0 applies a PE multiple of 26.17 to a forward EPS estimate of Rs 3.40. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 19.5% 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 NBCC (India) Target Price: Five Years of Results
NBCC (India) grew revenue from Rs 7,885 crore in FY22 to Rs 13,196 crore in FY26, a compound annual growth rate of 13.7%. Net profit grew faster, from Rs 237.93 crore to Rs 742.45 crore (32.9% 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 | 7,884.56 | 237.93 | 1.25 | 0.50 |
| FY23 | 9,083.40 | 278.01 | 1.48 | 0.54 |
| FY24 | 10,640.83 | 414.38 | 1.49 | 0.63 |
| FY25 | 12,273.00 | 557.42 | 2.00 | 0.67 |
| FY26 | 13,195.89 | 742.45 | 2.67 | 1.00 |
FY26 revenue growth was 7.5%, slower than the four-year average of 13.7%, and net profit moved up 33.2%. EPS rose from Rs 1.49 in FY24 to Rs 2.67 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
NBCC (India) converted 5.6% of FY26 revenue into net profit, against 4.5% in FY25, within a five-year range of 3.0% to 5.6%. EBITDA margin was 7.6% in FY26 versus 6.2% in FY25.
In the June 2026 quarter, revenue was Rs 2,321 crore, down 5.9% from the same quarter a year earlier, while net profit of Rs 158.01 crore was up 17.0%. EBITDA came in at Rs 216.29 crore, up 17.3% 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 0.00, and shareholders’ equity grew from Rs 1,938 crore in FY22 to Rs 3,215 crore in FY26. Operating cash flow in FY26 was Rs 439.46 crore against capital expenditure of Rs 37.36 crore, leaving free cash flow of Rs 402.10 crore, or 2.0% of the current market capitalisation. In FY25 free cash flow was Rs 341.32 crore.
Valuation Check for the NBCC (India) Stock Target: PE, Price to Book and ROE
At a PE of 26.17 against an industry PE of 36.93, NBCC (India) trades at a discount to its industry. Price to book is 6.63 on a book value of Rs 11.18 per share, and return on equity is 23.86%. A PE of 26.17 equals an earnings yield of 3.8%, and the FY26 dividend of Rs 1.00 per share gives a yield of 1.35%.
Shareholding Pattern and Institutional Holding
Promoters held 61.75% of NBCC (India) in June 2026, and promoter holding has stayed near 61.75% since June 2025. Foreign institutional investors (FII) held 4.77% and domestic institutions (DII) held 11.27%, which puts total institutional holding at 16.04%. FII holding fell from 4.99% in June 2025 to 4.77% in June 2026. Public shareholders own the remaining 22.20%. A meaningful institutional holding adds a layer of research coverage and trading depth.
NBCC (India) Share Price Targets for the Short Term and 12 Months
Short Term NBCC (India) Stock Target Levels: Technical Setup
At Rs 74.46 on 9 October 2026, NBCC (India) trades below its 50-day simple moving average of Rs 85.98 and below its 200-day exponential moving average of Rs 94.36. The 14-day RSI reads 28.3, which is oversold territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 85.98 (50-day simple moving average) and the nearest support is Rs 73.90 (52-week low). A sustained move above Rs 85.98 would improve the short-term setup, while a close below Rs 73.90 would shift attention to the next support.
12 Month NBCC (India) Target Price for 2027
The 12-month target for NBCC (India) is Rs 89.0: forward EPS of Rs 3.40 at a PE of 26.17. That is 19.5% above Rs 74.46. It would still leave the stock 29.3% below its 52-week high of Rs 125.85.
How EPS Growth and PE Multiple Change the NBCC (India) Target Price
| EPS Growth | PE 20.94 | PE 26.17 | PE 30.10 |
|---|---|---|---|
| 0.0% (EPS Rs 2.83) | Rs 59.3 | Rs 74.1 | Rs 85.2 |
| 20.0% (EPS Rs 3.40) | Rs 71.2 | Rs 89.0 | Rs 102 |
| 25.0% (EPS Rs 3.54) | Rs 74.1 | Rs 92.6 | Rs 107 |
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 NBCC (India) price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for NBCC (India) Stock Target in 2027
Bull Case Rs 107
The bull case NBCC (India) price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 3.54, and a PE multiple that rises 15% to 30.10. That gives Rs 107, 43.7% above the current price and below the 52-week high of Rs 125.85.
Downside Risk Level Rs 59.3
The downside risk level is not a target. It assumes EPS stays flat at Rs 2.83 and the PE falls 20% to 20.94. That gives Rs 59.3, 20.4% below the current price and below the 52-week low of Rs 73.90.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 30.10 | Rs 107 | +43.7% |
| Base Case | 20.0% | 26.17 | Rs 89.0 | +19.5% |
| Downside Risk | 0.0% | 20.94 | Rs 59.3 | -20.4% |
Key Risks to the NBCC (India) Target Price for 2027
Growth Slowdown Risk for the NBCC (India) Price Target
Revenue in the June 2026 quarter was down 5.9% year on year, and FY26 revenue growth was 7.5%. A fall in sales would make the EPS growth behind the NBCC (India) stock target harder to reach.
Liquidity and Size Risk
NBCC (India) has a market capitalisation of Rs 19,994 crore. Institutional holding is 16.04%, and promoters hold 61.75%. 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 5.6% in FY26, so a small slip in costs moves profit noticeably. At a PE of 26.17 versus an industry PE of 36.93, a de-rating toward the downside-risk PE of 20.94 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 40.8% below its 52-week high, with an RSI of 28.3 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in NBCC (India)
Start with the live price and volume. Any NBCC (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 74.46 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check NBCC (India)’s PE, ROE, debt and shareholding in one place.
Check NBCC (India) fundamentals on the Univest Screener
Then compare the three NBCC (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 NBCC (India) live price and get daily stock recommendations.
Conclusion
The NBCC (India) share price target for 2027 is Rs 89.0 in the base case, with Rs 107 as the bull case. The support for that view is arithmetic you can check: EPS grew 33.9% a year over FY24 to FY26, and the stock trades at a PE of 26.17. The risks are equally concrete, including a stock that sits 40.8% below its 52-week high and a downside scenario that cuts the price 20% 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 NBCC (India) Share Price Target 2027
What is the NBCC (India) share price target for 2027?
Ans. The base-case NBCC (India) share price target for 2027 is Rs 89.0, with Rs 107 as the bull case. The downside risk level, which is not a target, is Rs 59.3. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the NBCC (India) share price today?
Ans. As of 9 October 2026, 3:30 PM IST, NBCC (India) trades at Rs 74.46, up 0.62% on the day. The 52-week range is Rs 73.90 to Rs 125.85.
Is NBCC (India) a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 33.9% a year over FY24 to FY26, but the stock is 40.8% below its 52-week high. Whether NBCC (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 NBCC (India) shares?
Ans. The bull case target is Rs 107, which assumes 25.0% EPS growth and a PE of 30.10. The downside risk level is Rs 59.3, which assumes flat EPS and a PE of 20.94. It marks a risk, not a target.
What are the main risks to the NBCC (India) price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 19,994 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 NBCC (India) and how does it compare with the industry?
Ans. The PE ratio of NBCC (India) is 26.17 against an industry PE of 36.93. Price to book is 6.63 and return on equity is 23.86%. The base case in the NBCC (India) price target holds this PE constant.
Who owns NBCC (India), and what is the promoter holding?
Ans. Promoters held 61.75% of NBCC (India) in June 2026. FII held 4.77%, DII held 11.27% and the public held 22.20%.
What were NBCC (India)’s latest quarterly results?
Ans. In the June 2026 quarter, NBCC (India) reported revenue of Rs 2,321 crore (down 5.9% year on year) and net profit of Rs 158.01 crore (up 17.0%).