NGL Fine-Chem Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
- October 9, 2026
- Posted by: Kunal Singla
- Category: Market
NGL Fine-Chem share price Rs 2,925.00 (9 October 2026). Base target Rs 3,224, bull Rs 3,913, downside risk Rs 2,390. PE 32.27. 52W range Rs 1,271.00 to Rs 3,602.00.
Quick Answer
The NGL Fine-Chem share price target for 2027 is Rs 3,224, about 10.2% above the current price of Rs 2,925.00. The bull case is Rs 3,913, and the downside risk level, which is not a target, is Rs 2,390. The base case assumes earnings per share grow 7.9% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 32.27. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing an NGL Fine-Chem target price for 2027 should start with where the stock sits today. At Rs 2,925.00 on 9 October 2026, it is 18.8% below its 52-week high of Rs 3,602.00 and 130.1% above its 52-week low of Rs 1,271.00. That range spans 183% from low to high, so the entry point matters as much as the NGL Fine-Chem price forecast itself.
This article builds the NGL Fine-Chem 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 3,224 base case and the Rs 3,913 bull case were reached, along with a downside risk level of Rs 2,390.
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NGL Fine-Chem Stock Analysis: Company Overview and Key Stats
NGL Fine-Chem (NSE: NGLFINE) has a market capitalisation of Rs 1,846 crore. In FY26 it reported revenue of Rs 515.68 crore and net profit of Rs 48.13 crore. The table collects the figures the NGL Fine-Chem share price target is built on.
| Metric | Value |
|---|---|
| Company | NGL Fine-Chem |
| NSE Ticker | NGLFINE |
| CMP (9 October 2026) | Rs 2,925.00 |
| 52-Week High | Rs 3,602.00 |
| 52-Week Low | Rs 1,271.00 |
| Market Cap | Rs 1,846 crore |
| PE Ratio (TTM) | 32.27 |
| Industry PE | 37.59 |
| Price to Book | 5.61 |
| Return on Equity | 14.62% |
| Debt to Equity | 0.33 |
| EPS (TTM) | Rs 92.56 |
| Dividend Yield | 0.06% |
| 12-Month Base Target | Rs 3,224 |
| Bull Case | Rs 3,913 |
| Downside Risk Level (not a target) | Rs 2,390 |
Why Is NGL Fine-Chem Share Price Target Set at Rs 3,224 for 2027?
The base-case NGL Fine-Chem stock target of Rs 3,224 applies a PE multiple of 32.27 to a forward EPS estimate of Rs 99.90. That EPS assumes 7.9% yearly growth, the pace from FY24 to FY26, and puts the target 10.2% 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 NGL Fine-Chem Target Price: Five Years of Results
NGL Fine-Chem grew revenue from Rs 328.19 crore in FY22 to Rs 515.68 crore in FY26, a compound annual growth rate of 12.0%. Net profit grew more slowly, from Rs 49.90 crore to Rs 48.13 crore (-0.9% 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 | 328.19 | 49.90 | 80.77 | 1.75 |
| FY23 | 283.61 | 20.50 | 33.18 | 1.75 |
| FY24 | 352.82 | 41.32 | 66.88 | 1.75 |
| FY25 | 376.89 | 21.12 | 34.19 | 1.75 |
| FY26 | 515.68 | 48.13 | 77.90 | 1.75 |
FY26 revenue growth was 36.8%, faster than the four-year average of 12.0%, and net profit moved up 127.9%. EPS rose from Rs 66.88 in FY24 to Rs 77.90 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
NGL Fine-Chem converted 9.3% of FY26 revenue into net profit, against 5.6% in FY25, within a five-year range of 5.6% to 15.2%. EBITDA margin was 17.0% in FY26 versus 11.3% in FY25.
In the June 2026 quarter, revenue was Rs 146.59 crore, up 32.6% from the same quarter a year earlier, while net profit of Rs 18.40 crore was up 99.1%. EBITDA came in at Rs 30.71 crore, up 77.2% 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 0.33, and shareholders’ equity grew from Rs 203.22 crore in FY22 to Rs 329.24 crore in FY26. Operating cash flow in FY26 was Rs 43.32 crore against capital expenditure of Rs 89.85 crore, leaving negative free cash flow of Rs 46.53 crore. In FY25 free cash flow was negative at Rs 41.94 crore.
Valuation Check for the NGL Fine-Chem Stock Target: PE, Price to Book and ROE
At a PE of 32.27 against an industry PE of 37.59, NGL Fine-Chem trades at a discount to its industry. Price to book is 5.61 on a book value of Rs 532.75 per share, and return on equity is 14.62%. A PE of 32.27 equals an earnings yield of 3.1%, and the FY26 dividend of Rs 1.75 per share gives a yield of 0.06%.
Shareholding Pattern and Institutional Holding
Promoters held 72.49% of NGL Fine-Chem in June 2026, and promoter holding fell from 72.74% in June 2025 to 72.49% in June 2026. Foreign institutional investors (FII) held 0.05% and domestic institutions (DII) held 0.02%, which puts total institutional holding at 0.07%. FII holding has stayed near 0.05% since June 2025. Public shareholders own the remaining 27.43%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.
NGL Fine-Chem Share Price Targets for the Short Term and 12 Months
Short Term NGL Fine-Chem Stock Target Levels: Technical Setup
At Rs 2,925.00 on 9 October 2026, NGL Fine-Chem trades below its 50-day simple moving average of Rs 2,979.56 and above its 200-day exponential moving average of Rs 2,558.66. The 14-day RSI reads 56.1, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 2,979.56 (50-day simple moving average) and the nearest support is Rs 2,558.66 (200-day exponential moving average). A sustained move above Rs 2,979.56 would improve the short-term setup, while a close below Rs 2,558.66 would shift attention to the next support.
12 Month NGL Fine-Chem Target Price for 2027
The 12-month target for NGL Fine-Chem is Rs 3,224: forward EPS of Rs 99.90 at a PE of 32.27. That is 10.2% above Rs 2,925.00. It would still leave the stock 10.5% below its 52-week high of Rs 3,602.00.
How EPS Growth and PE Multiple Change the NGL Fine-Chem Target Price
| EPS Growth | PE 25.82 | PE 32.27 | PE 37.11 |
|---|---|---|---|
| 0.0% (EPS Rs 92.56) | Rs 2,390 | Rs 2,987 | Rs 3,435 |
| 7.9% (EPS Rs 99.90) | Rs 2,579 | Rs 3,224 | Rs 3,707 |
| 13.9% (EPS Rs 105.45) | Rs 2,723 | Rs 3,403 | Rs 3,913 |
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 NGL Fine-Chem price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for NGL Fine-Chem Stock Target in 2027
Bull Case Rs 3,913
The bull case NGL Fine-Chem price target needs EPS growth of 13.9%, which lifts forward EPS to Rs 105.45, and a PE multiple that rises 15% to 37.11. That gives Rs 3,913, 33.8% above the current price and above the 52-week high of Rs 3,602.00, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 2,390
The downside risk level is not a target. It assumes EPS stays flat at Rs 92.56 and the PE falls 20% to 25.82. That gives Rs 2,390, 18.3% below the current price and above the 52-week low of Rs 1,271.00.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 13.9% | 37.11 | Rs 3,913 | +33.8% |
| Base Case | 7.9% | 32.27 | Rs 3,224 | +10.2% |
| Downside Risk | 0.0% | 25.82 | Rs 2,390 | -18.3% |
Key Risks to the NGL Fine-Chem Target Price for 2027
Growth Slowdown Risk for the NGL Fine-Chem Price Target
Revenue in the June 2026 quarter was up 32.6% year on year, and FY26 revenue growth was 36.8%. If growth slows from here, the EPS estimate behind the NGL Fine-Chem stock target will need revising.
Liquidity and Size Risk
NGL Fine-Chem has a market capitalisation of Rs 1,846 crore. Institutional holding is 0.07%, and promoters hold 72.49%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 9.3% in FY26, so a small slip in costs moves profit noticeably. At a PE of 32.27 versus an industry PE of 37.59, a de-rating toward the downside-risk PE of 25.82 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 18.8% below its 52-week high, with an RSI of 56.1 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in NGL Fine-Chem
Start with the live price and volume. Any NGL Fine-Chem 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 2,925.00 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check NGL Fine-Chem’s PE, ROE, debt and shareholding in one place.
Check NGL Fine-Chem fundamentals on the Univest Screener
Then compare the three NGL Fine-Chem target price scenarios with your own view. If you expect EPS growth below 7.9%, 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 NGL Fine-Chem live price and get daily stock recommendations.
Conclusion
The NGL Fine-Chem share price target for 2027 is Rs 3,224 in the base case, with Rs 3,913 as the bull case. The support for that view is arithmetic you can check: EPS grew 7.9% a year over FY24 to FY26, and the stock trades at a PE of 32.27. The risks are equally concrete, including institutional holding of only 0.07% and a downside scenario that cuts the price 18% 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 NGL Fine-Chem Share Price Target 2027
What is the NGL Fine-Chem share price target for 2027?
Ans. The base-case NGL Fine-Chem share price target for 2027 is Rs 3,224, with Rs 3,913 as the bull case. The downside risk level, which is not a target, is Rs 2,390. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the NGL Fine-Chem share price today?
Ans. As of 9 October 2026, 3:30 PM IST, NGL Fine-Chem trades at Rs 2,925.00, down 2.46% on the day. The 52-week range is Rs 1,271.00 to Rs 3,602.00.
Is NGL Fine-Chem a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 7.9% a year over FY24 to FY26, but institutional holding is only 0.07%. Whether NGL Fine-Chem 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 NGL Fine-Chem shares?
Ans. The bull case target is Rs 3,913, which assumes 13.9% EPS growth and a PE of 37.11. The downside risk level is Rs 2,390, which assumes flat EPS and a PE of 25.82. It marks a risk, not a target.
What are the main risks to the NGL Fine-Chem price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 1,846 crore, a PE de-rating and short-term weakness in the broader market. Institutional holding is only 0.07%, which can make price moves sharper.
What is the PE ratio of NGL Fine-Chem and how does it compare with the industry?
Ans. The PE ratio of NGL Fine-Chem is 32.27 against an industry PE of 37.59. Price to book is 5.61 and return on equity is 14.62%. The base case in the NGL Fine-Chem price target holds this PE constant.
Who owns NGL Fine-Chem, and what is the promoter holding?
Ans. Promoters held 72.49% of NGL Fine-Chem in June 2026. FII held 0.05%, DII held 0.02% and the public held 27.43%.
What were NGL Fine-Chem’s latest quarterly results?
Ans. In the June 2026 quarter, NGL Fine-Chem reported revenue of Rs 146.59 crore (up 32.6% year on year) and net profit of Rs 18.40 crore (up 99.1%).
