TBO Tek Share Price Target 2027: 8.5% Upside to Rs 1,697, Bull Case Rs 2,060
- November 6, 2026
- Posted by: Chaitanya Auti
- Category: Market
TBO Tek share price Rs 1,564.70 (6 November 2026). Base target Rs 1,697, bull Rs 2,060, downside risk Rs 1,262. PE 62.73. 52W range Rs 1,004.20 to Rs 1,772.50.
Quick Answer
The TBO Tek share price target for 2027 is Rs 1,697, about 8.5% above the current price of Rs 1,564.70. The bull case is Rs 2,060, and the downside risk level, which is not a target, is Rs 1,262. The base case assumes earnings per share grow 7.6% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 62.73. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a TBO Tek target price for 2027 should start with where the stock sits today. At Rs 1,564.70 on 6 November 2026, it is 11.7% below its 52-week high of Rs 1,772.50 and 55.8% above its 52-week low of Rs 1,004.20. That range spans 77% from low to high, so the entry point matters as much as the TBO Tek price forecast itself.
This article builds the TBO Tek 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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TBO Tek Stock Analysis: Company Overview and Key Stats
TBO Tek (NSE: TBOTEK) has a market capitalisation of Rs 17,131 crore. In FY26 it reported revenue of Rs 2,729 crore and net profit of Rs 244.31 crore. The table collects the figures the TBO Tek share price target is built on.
| Metric | Value |
|---|---|
| Company | TBO Tek |
| NSE Ticker | TBOTEK |
| CMP (6 November 2026) | Rs 1,564.70 |
| 52-Week High | Rs 1,772.50 |
| 52-Week Low | Rs 1,004.20 |
| Market Cap | Rs 17,131 crore |
| PE Ratio (TTM) | 62.73 |
| Industry PE | 116.67 |
| Price to Book | 9.86 |
| Return on Equity | 15.72% |
| Debt to Equity | 0.39 |
| EPS (TTM) | Rs 25.15 |
| Dividend Yield | 0.00% |
| 12-Month Base Target | Rs 1,697 |
| Bull Case | Rs 2,060 |
| Downside Risk Level (not a target) | Rs 1,262 |
Why Is TBO Tek Share Price Target Set at Rs 1,697 for 2027?
The arithmetic is short. Trailing EPS of Rs 25.15 grown for one year gives a forward EPS estimate of Rs 27.05, and multiplying it by the unchanged PE of 62.73 gives the Rs 1,697 base-case TBO Tek 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 TBO Tek Target Price: Five Years of Results
TBO Tek grew revenue from Rs 511.93 crore in FY22 to Rs 2,729 crore in FY26, a compound annual growth rate of 51.9%. Net profit grew faster, from Rs 33.72 crore to Rs 244.31 crore (64.1% 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 | 511.93 | 33.72 | 3.32 | 0.00 |
| FY23 | 1,085.77 | 148.49 | 14.07 | 0.00 |
| FY24 | 1,415.48 | 200.57 | 19.67 | 0.00 |
| FY25 | 1,799.31 | 229.89 | 21.48 | 0.00 |
| FY26 | 2,728.71 | 244.31 | 22.76 | 0.00 |
FY26 revenue growth was 51.7%, close to the four-year average of 51.9%, and net profit moved up 6.3%. EPS rose from Rs 19.67 in FY24 to Rs 22.76 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
TBO Tek converted 9.0% of FY26 revenue into net profit, against 12.8% in FY25, within a five-year range of 6.6% to 14.2%. EBITDA margin was 15.5% in FY26 versus 19.4% in FY25.
In the September 2026 quarter, revenue was Rs 880.39 crore, up 51.1% from the same quarter a year earlier, while net profit of Rs 75.99 crore was up 12.5%. EBITDA came in at Rs 150.48 crore, up 45.7% 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 0.39, and shareholders’ equity grew from Rs 231.90 crore in FY22 to Rs 1,551 crore in FY26. Operating cash flow in FY26 was negative at Rs 20.77 crore against capital expenditure of Rs 66.70 crore, leaving negative free cash flow of Rs 87.47 crore. In FY25 free cash flow was Rs 235.66 crore, so cash generation has not been steady year to year.
Valuation Check for the TBO Tek Stock Target: PE, Price to Book and ROE
At a PE of 62.73 against an industry PE of 116.67, TBO Tek trades at a discount to its industry. Price to book is 9.86 on a book value of Rs 159.99 per share, and return on equity is 15.72%. A PE of 62.73 equals an earnings yield of 1.6%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.00%.
Shareholding Pattern and Institutional Holding
Promoters held 44.41% of TBO Tek in September 2026, and promoter holding has stayed near 44.41% since September 2025. Foreign institutional investors (FII) held 22.51% and domestic institutions (DII) held 25.84%, which puts total institutional holding at 48.35%. FII holding fell from 30.73% in September 2025 to 22.51% in September 2026. Public shareholders own the remaining 7.24%. A meaningful institutional holding adds a layer of research coverage and trading depth.
TBO Tek Share Price Targets for the Short Term and 12 Months
Short Term TBO Tek Stock Target Levels: Technical Setup
At Rs 1,564.70 on 6 November 2026, TBO Tek trades below its 50-day simple moving average of Rs 1,647.99 and above its 200-day exponential moving average of Rs 1,512.32. The 14-day RSI reads 41.8, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 1,647.99 (50-day simple moving average) and the nearest support is Rs 1,512.32 (200-day exponential moving average). A sustained move above Rs 1,647.99 would improve the short-term setup, while a close below Rs 1,512.32 would shift attention to the next support.
12 Month TBO Tek Target Price for 2027
The 12-month target of Rs 1,697 means a move of 8.5% up from Rs 1,564.70 over the next 12 months. It would still leave the stock 4.3% below its 52-week high of Rs 1,772.50. Anyone checking the TBO Tek 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 TBO Tek Target Price
| EPS Growth | PE 50.18 | PE 62.73 | PE 72.14 |
|---|---|---|---|
| 0.0% (EPS Rs 25.15) | Rs 1,262 | Rs 1,578 | Rs 1,814 |
| 7.6% (EPS Rs 27.05) | Rs 1,357 | Rs 1,697 | Rs 1,951 |
| 13.6% (EPS Rs 28.56) | Rs 1,433 | Rs 1,792 | Rs 2,060 |
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 TBO Tek price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for TBO Tek Stock Target in 2027
Bull Case Rs 2,060
The bull case TBO Tek price target needs EPS growth of 13.6%, which lifts forward EPS to Rs 28.56, and a PE multiple that rises 15% to 72.14. That gives Rs 2,060, 31.7% above the current price and above the 52-week high of Rs 1,772.50, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 1,262
The downside risk level is not a target. It assumes EPS stays flat at Rs 25.15 and the PE falls 20% to 50.18. That gives Rs 1,262, 19.3% below the current price and above the 52-week low of Rs 1,004.20.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 13.6% | 72.14 | Rs 2,060 | +31.7% |
| Base Case | 7.6% | 62.73 | Rs 1,697 | +8.5% |
| Downside Risk | 0.0% | 50.18 | Rs 1,262 | -19.3% |
Key Risks to the TBO Tek Target Price for 2027
Growth Slowdown Risk for the TBO Tek Price Target
Revenue in the September 2026 quarter was up 51.1% year on year, and FY26 revenue growth was 51.7%. If growth slows from here, the EPS estimate behind the TBO Tek stock target will need revising.
Liquidity and Size Risk
TBO Tek has a market capitalisation of Rs 17,131 crore. Institutional holding is 48.35%, and promoters hold 44.41%. 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 9.0% in FY26, so a small slip in costs moves profit noticeably. At a PE of 62.73 versus an industry PE of 116.67, a de-rating toward the downside-risk PE of 50.18 would cut the price even if earnings hold.
Market and Technical Risk
Technical indicators add short-term risk: the 14-day RSI is 41.8 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 TBO Tek
Start with the live price and volume. Any TBO Tek share price target is only as current as the data behind it, and the data here is as of 6 November 2026, so refresh the Rs 1,564.70 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check TBO Tek’s PE, ROE, debt and shareholding in one place.
Check TBO Tek fundamentals on the Univest Screener
Then compare the three TBO Tek target price scenarios with your own view. If you expect EPS growth below 7.6%, 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 TBO Tek live price and get daily stock recommendations.
Conclusion
The TBO Tek share price target for 2027 is Rs 1,697 in the base case, with Rs 2,060 as the bull case. The support for that view is arithmetic you can check: EPS grew 7.6% a year over FY24 to FY26, and the stock trades at a PE of 62.73. The risks are equally concrete, including a net margin of just 9.0% that leaves profit sensitive to costs 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 TBO Tek Share Price Target 2027
What is the TBO Tek share price target for 2027?
Ans. The base-case TBO Tek share price target for 2027 is Rs 1,697, which is 8.5% above the price of Rs 1,564.70 on 6 November 2026. The bull case is Rs 2,060 and the downside risk level, which is not a target, is Rs 1,262. 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 TBO Tek share price today?
Ans. As of 6 November 2026, 9:57 AM IST, TBO Tek (NSE: TBOTEK) trades at Rs 1,564.70, down 0.75% on the day. That is 11.7% below the 52-week high of Rs 1,772.50 and 55.8% above the 52-week low of Rs 1,004.20. The market capitalisation of Rs 17,131 crore places it among mid-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.
Is TBO Tek a buy or sell at the current price?
Ans. The data points both ways. On the positive side, EPS has grown 7.6% a year over FY24 to FY26 and the base case implies 8.5% upside; on the cautious side, the net margin is a thin 9.0%, and the downside risk level of Rs 1,262 is 19% below the current price. Whether TBO Tek 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 TBO Tek shares?
Ans. The bull case in the TBO Tek share price target for 2027 is Rs 2,060, which assumes 13.6% EPS growth and a PE of 72.14, a 15% re-rating from today’s multiple. That is 31.7% above the current price and above the 52-week high of Rs 1,772.50, so the stock would have to set a fresh 52-week high. The downside risk level is Rs 1,262, which assumes flat EPS and a PE of 50.18, 20% lower than today. It sits 19.3% below the current price and above the 52-week low of Rs 1,004.20, and it marks a risk to watch, not a target.
What are the main risks to the TBO Tek price target?
Ans. Four risks matter most for the TBO Tek 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 17,131 crore, the stock is usually liquid, though exits can take longer than entries in a falling market. A fall to the downside-risk PE of 50.18 would cut the price even if earnings hold.
What is the PE ratio of TBO Tek and how does it compare with the industry?
Ans. The PE ratio of TBO Tek is 62.73, against an industry PE of 116.67, which is a discount to the industry. Price to book is 9.86 and return on equity is 15.72%, and the PE equals an earnings yield of 1.6%. The base case holds the PE unchanged, so the TBO Tek share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.
Who owns TBO Tek, and what is the promoter holding?
Ans. Promoters held 44.41% of TBO Tek in September 2026. FII held 22.51%, DII held 25.84% and the public held 7.24%. Together the two institutional groups hold 48.35%. Shareholding is filed every quarter, so it is worth rechecking after each result.
What were TBO Tek’s latest quarterly results?
Ans. In the September 2026 quarter, TBO Tek reported revenue of Rs 880.39 crore (up 51.1% year on year) and net profit of Rs 75.99 crore (up 12.5%). For comparison, FY26 full-year revenue growth was 51.7% and net profit moved up 6.3%. Each new quarter either supports or weakens the EPS growth of 7.6% assumed in the base case.