{"id":299520,"date":"2026-10-09T16:53:20","date_gmt":"2026-10-09T11:23:20","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=299520"},"modified":"2026-10-09T16:53:20","modified_gmt":"2026-10-09T11:23:20","slug":"adf-foods-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/","title":{"rendered":"ADF Foods Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>ADF Foods share price Rs 288.95 (9 October 2026). Base target Rs 317, bull Rs 384, downside risk Rs 232. PE 34.61. 52W range Rs 153.10 to Rs 346.95.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The ADF Foods share price target for 2027 is Rs 317, about 9.7% above the current price of Rs 288.95. The bull case is Rs 384, and the downside risk level, which is not a target, is Rs 232. The base case assumes earnings per share grow 9.3% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 34.61. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing an ADF Foods target price for 2027 should start with where the stock sits today. At Rs 288.95 on 9 October 2026, it is 16.7% below its 52-week high of Rs 346.95 and 88.7% above its 52-week low of Rs 153.10. That range spans 127% from low to high, so the entry point matters as much as the ADF Foods price forecast itself.<\/p>\n<p>This article builds the ADF Foods 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 317 base case and the Rs 384 bull case were reached, along with a downside risk level of Rs 232.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=adf-foods-share-price-target-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#ADF_Foods_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"ADF Foods Stock Analysis: Company Overview and Key Stats\">ADF Foods Stock Analysis: Company Overview and Key Stats<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Why_Is_ADF_Foods_Share_Price_Target_Set_at_Rs_317_for_2027\" title=\"Why Is ADF Foods Share Price Target Set at Rs 317 for 2027?\">Why Is ADF Foods Share Price Target Set at Rs 317 for 2027?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Earnings_Growth_Behind_the_ADF_Foods_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the ADF Foods Target Price: Five Years of Results\">Earnings Growth Behind the ADF Foods Target Price: Five Years of Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Margins_and_the_Latest_Quarter\" title=\"Margins and the Latest Quarter\">Margins and the Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Balance_Sheet_and_Cash_Flow\" title=\"Balance Sheet and Cash Flow\">Balance Sheet and Cash Flow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Valuation_Check_for_the_ADF_Foods_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the ADF Foods Stock Target: PE, Price to Book and ROE\">Valuation Check for the ADF Foods Stock Target: PE, Price to Book and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Shareholding_Pattern_and_Institutional_Holding\" title=\"Shareholding Pattern and Institutional Holding\">Shareholding Pattern and Institutional Holding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#ADF_Foods_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"ADF Foods Share Price Targets for the Short Term and 12 Months\">ADF Foods Share Price Targets for the Short Term and 12 Months<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Short_Term_ADF_Foods_Stock_Target_Levels_Technical_Setup\" title=\"Short Term ADF Foods Stock Target Levels: Technical Setup\">Short Term ADF Foods Stock Target Levels: Technical Setup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#12_Month_ADF_Foods_Target_Price_for_2027\" title=\"12 Month ADF Foods Target Price for 2027\">12 Month ADF Foods Target Price for 2027<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_ADF_Foods_Target_Price\" title=\"How EPS Growth and PE Multiple Change the ADF Foods Target Price\">How EPS Growth and PE Multiple Change the ADF Foods Target Price<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_ADF_Foods_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for ADF Foods Stock Target in 2027\">Bull Case and Downside Risk for ADF Foods Stock Target in 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Bull_Case_Rs_384\" title=\"Bull Case Rs 384\">Bull Case Rs 384<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Downside_Risk_Level_Rs_232\" title=\"Downside Risk Level Rs 232\">Downside Risk Level Rs 232<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Key_Risks_to_the_ADF_Foods_Target_Price_for_2027\" title=\"Key Risks to the ADF Foods Target Price for 2027\">Key Risks to the ADF Foods Target Price for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_ADF_Foods_Price_Target\" title=\"Growth Slowdown Risk for the ADF Foods Price Target\">Growth Slowdown Risk for the ADF Foods Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Liquidity_and_Size_Risk\" title=\"Liquidity and Size Risk\">Liquidity and Size Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Valuation_and_Margin_Risk\" title=\"Valuation and Margin Risk\">Valuation and Margin Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Market_and_Technical_Risk\" title=\"Market and Technical Risk\">Market and Technical Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#How_to_Invest_in_ADF_Foods\" title=\"How to Invest in ADF Foods\">How to Invest in ADF Foods<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#FAQs_on_ADF_Foods_Share_Price_Target_2027\" title=\"FAQs on ADF Foods Share Price Target 2027\">FAQs on ADF Foods Share Price Target 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#What_is_the_ADF_Foods_share_price_target_for_2027\" title=\"What is the ADF Foods share price target for 2027?\">What is the ADF Foods share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#What_is_the_ADF_Foods_share_price_today\" title=\"What is the ADF Foods share price today?\">What is the ADF Foods share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Is_ADF_Foods_a_buy_or_sell_at_the_current_price\" title=\"Is ADF Foods a buy or sell at the current price?\">Is ADF Foods a buy or sell at the current price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_ADF_Foods_shares\" title=\"What are the bull case target and downside risk level for ADF Foods shares?\">What are the bull case target and downside risk level for ADF Foods shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#What_are_the_main_risks_to_the_ADF_Foods_price_target\" title=\"What are the main risks to the ADF Foods price target?\">What are the main risks to the ADF Foods price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#What_is_the_PE_ratio_of_ADF_Foods_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of ADF Foods and how does it compare with the industry?\">What is the PE ratio of ADF Foods and how does it compare with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#Who_owns_ADF_Foods_and_what_is_the_promoter_holding\" title=\"Who owns ADF Foods, and what is the promoter holding?\">Who owns ADF Foods, and what is the promoter holding?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/adf-foods-share-price-target-2027\/#What_were_ADF_Foods_latest_quarterly_results\" title=\"What were ADF Foods&#8217; latest quarterly results?\">What were ADF Foods&#8217; latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"ADF_Foods_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>ADF Foods Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>ADF Foods (NSE: ADFFOODS) has a market capitalisation of Rs 3,183 crore. In FY26 it reported revenue of Rs 703.33 crore and net profit of Rs 89.92 crore. The table collects the figures the ADF Foods share price target is built on.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>Company<\/td>\n<td><a href=\"https:\/\/univest.in\/stocks\/adffoods\/adf-foods-ltd-share-price-today\">ADF Foods<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>ADFFOODS<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 288.95<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 346.95<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 153.10<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 3,183 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>34.61<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>34.85<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>5.57<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>15.72%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.02<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 8.37<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.42%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 317<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 384<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 232<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_ADF_Foods_Share_Price_Target_Set_at_Rs_317_for_2027\"><\/span><strong>Why Is ADF Foods Share Price Target Set at Rs 317 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case ADF Foods stock target of Rs 317 applies a PE multiple of 34.61 to a forward EPS estimate of Rs 9.15. That EPS assumes 9.3% yearly growth, the pace from FY24 to FY26, and puts the target 9.7% 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Growth_Behind_the_ADF_Foods_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the ADF Foods Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>ADF Foods grew revenue from Rs 430.66 crore in FY22 to Rs 703.33 crore in FY26, a compound annual growth rate of 13.0%. Net profit grew faster, from Rs 48.52 crore to Rs 89.92 crore (16.7% a year), which shows margin gains did part of the work and not just higher sales.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Financial Year<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>EPS (Rs)<\/th>\n<th>Dividend per Share (Rs)<\/th>\n<\/tr>\n<tr>\n<td>FY22<\/td>\n<td>430.66<\/td>\n<td>48.52<\/td>\n<td>23.33<\/td>\n<td>4.00<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>461.50<\/td>\n<td>55.85<\/td>\n<td>5.12<\/td>\n<td>5.00<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>531.42<\/td>\n<td>73.79<\/td>\n<td>6.85<\/td>\n<td>5.20<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>603.64<\/td>\n<td>69.26<\/td>\n<td>6.30<\/td>\n<td>1.20<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>703.33<\/td>\n<td>89.92<\/td>\n<td>8.19<\/td>\n<td>1.20<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 16.5%, faster than the four-year average of 13.0%, and net profit moved up 29.8%. EPS rose from Rs 6.85 in FY24 to Rs 8.19 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Margins_and_the_Latest_Quarter\"><\/span><strong>Margins and the Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>ADF Foods converted 12.8% of FY26 revenue into net profit, against 11.5% in FY25, within a five-year range of 11.3% to 13.9%. EBITDA margin was 20.5% in FY26 versus 18.6% in FY25.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 168.39 crore, up 23.9% from the same quarter a year earlier, while net profit of Rs 17.29 crore was up 13.5%. EBITDA came in at Rs 30.75 crore, up 15.7% year on year. The next quarterly result is the first test of whether the earnings assumption holds.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_and_Cash_Flow\"><\/span><strong>Balance Sheet and Cash Flow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt to equity stands at 0.02, and shareholders&#8217; equity grew from Rs 345.59 crore in FY22 to Rs 571.93 crore in FY26. Operating cash flow in FY26 was Rs 57.59 crore against capital expenditure of Rs 82.79 crore, leaving negative free cash flow of Rs 25.20 crore. In FY25 free cash flow was negative at Rs 3.82 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_ADF_Foods_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the ADF Foods Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 34.61 against an industry PE of 34.85, ADF Foods trades in line with its industry. Price to book is 5.57 on a book value of Rs 52.02 per share, and return on equity is 15.72%. A PE of 34.61 equals an earnings yield of 2.9%, and the FY26 dividend of Rs 1.20 per share gives a yield of 0.42%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shareholding_Pattern_and_Institutional_Holding\"><\/span><strong>Shareholding Pattern and Institutional Holding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Promoters held 36.13% of ADF Foods in June 2026, and promoter holding has stayed near 36.13% since June 2025. Foreign institutional investors (FII) held 11.60% and domestic institutions (DII) held 21.30%, which puts total institutional holding at 32.90%. FII holding rose from 11.29% in June 2025 to 11.60% in June 2026. Public shareholders own the remaining 30.97%. A meaningful institutional holding adds a layer of research coverage and trading depth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"ADF_Foods_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>ADF Foods Share Price Targets for the Short Term and 12 Months<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short_Term_ADF_Foods_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term ADF Foods Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 288.95 on 9 October 2026, ADF Foods trades above its 50-day simple moving average of Rs 270.45 and above its 200-day exponential moving average of Rs 259.32. The 14-day RSI reads 73.8, which is overbought territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 346.95 (52-week high) and the nearest support is Rs 270.45 (50-day simple moving average). A sustained move above Rs 346.95 would improve the short-term setup, while a close below Rs 270.45 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_ADF_Foods_Target_Price_for_2027\"><\/span><strong>12 Month ADF Foods Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for ADF Foods is Rs 317: forward EPS of Rs 9.15 at a PE of 34.61. That is 9.7% above Rs 288.95. It would still leave the stock 8.6% below its 52-week high of Rs 346.95.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_ADF_Foods_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the ADF Foods Target Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>EPS Growth<\/th>\n<th>PE 27.69<\/th>\n<th>PE 34.61<\/th>\n<th>PE 39.80<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 8.37)<\/td>\n<td>Rs 232<\/td>\n<td>Rs 290<\/td>\n<td>Rs 333<\/td>\n<\/tr>\n<tr>\n<td>9.3% (EPS Rs 9.15)<\/td>\n<td>Rs 253<\/td>\n<td>Rs 317<\/td>\n<td>Rs 364<\/td>\n<\/tr>\n<tr>\n<td>15.3% (EPS Rs 9.65)<\/td>\n<td>Rs 267<\/td>\n<td>Rs 334<\/td>\n<td>Rs 384<\/td>\n<\/tr>\n<\/table>\n<p>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 ADF Foods price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_and_Downside_Risk_for_ADF_Foods_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for ADF Foods Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_384\"><\/span><strong>Bull Case Rs 384<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case ADF Foods price target needs EPS growth of 15.3%, which lifts forward EPS to Rs 9.65, and a PE multiple that rises 15% to 39.80. That gives Rs 384, 32.9% above the current price and above the 52-week high of Rs 346.95, so the stock would have to set a fresh 52-week high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Downside_Risk_Level_Rs_232\"><\/span><strong>Downside Risk Level Rs 232<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The downside risk level is not a target. It assumes EPS stays flat at Rs 8.37 and the PE falls 20% to 27.69. That gives Rs 232, 19.7% below the current price and above the 52-week low of Rs 153.10.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Scenario<\/th>\n<th>EPS Growth<\/th>\n<th>PE Multiple<\/th>\n<th>Price (Rs)<\/th>\n<th>Change vs CMP<\/th>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>15.3%<\/td>\n<td>39.80<\/td>\n<td>Rs 384<\/td>\n<td>+32.9%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>9.3%<\/td>\n<td>34.61<\/td>\n<td>Rs 317<\/td>\n<td>+9.7%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>27.69<\/td>\n<td>Rs 232<\/td>\n<td>-19.7%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_ADF_Foods_Target_Price_for_2027\"><\/span><strong>Key Risks to the ADF Foods Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Growth_Slowdown_Risk_for_the_ADF_Foods_Price_Target\"><\/span><strong>Growth Slowdown Risk for the ADF Foods Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 23.9% year on year, and FY26 revenue growth was 16.5%. If growth slows from here, the EPS estimate behind the ADF Foods stock target will need revising.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_and_Size_Risk\"><\/span><strong>Liquidity and Size Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>ADF Foods has a market capitalisation of Rs 3,183 crore. Institutional holding is 32.90%, and promoters hold 36.13%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_and_Margin_Risk\"><\/span><strong>Valuation and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net margin was 12.8% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 34.61 versus an industry PE of 34.85, a de-rating toward the downside-risk PE of 27.69 would cut the price even if earnings hold.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_and_Technical_Risk\"><\/span><strong>Market and Technical Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock trades 16.7% below its 52-week high, with an RSI of 73.8 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_ADF_Foods\"><\/span><strong>How to Invest in ADF Foods<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any ADF Foods 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 288.95 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check ADF Foods&#8217; PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check ADF Foods fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three ADF Foods target price scenarios with your own view. If you expect EPS growth below 9.3%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track ADF Foods live price and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The ADF Foods share price target for 2027 is Rs 317 in the base case, with Rs 384 as the bull case. The support for that view is arithmetic you can check: EPS grew 9.3% a year over FY24 to FY26, and the stock trades at a PE of 34.61. The risks are equally concrete, including a stock that sits 16.7% 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.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_ADF_Foods_Share_Price_Target_2027\"><\/span><strong>FAQs on ADF Foods Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_ADF_Foods_share_price_target_for_2027\"><\/span><strong>What is the ADF Foods share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case ADF Foods share price target for 2027 is Rs 317, with Rs 384 as the bull case. The downside risk level, which is not a target, is Rs 232. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_ADF_Foods_share_price_today\"><\/span><strong>What is the ADF Foods share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 October 2026, 12:52 PM IST, ADF Foods trades at Rs 288.95, up 0.23% on the day. The 52-week range is Rs 153.10 to Rs 346.95.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_ADF_Foods_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is ADF Foods a buy or sell at the current price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data is mixed rather than one-sided: EPS has grown 9.3% a year over FY24 to FY26, but the stock is 16.7% below its 52-week high. Whether ADF Foods 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_bull_case_target_and_downside_risk_level_for_ADF_Foods_shares\"><\/span><strong>What are the bull case target and downside risk level for ADF Foods shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 384, which assumes 15.3% EPS growth and a PE of 39.80. The downside risk level is Rs 232, which assumes flat EPS and a PE of 27.69. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_ADF_Foods_price_target\"><\/span><strong>What are the main risks to the ADF Foods price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are slower revenue growth, a small market capitalisation of Rs 3,183 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_ADF_Foods_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of ADF Foods and how does it compare with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio of ADF Foods is 34.61 against an industry PE of 34.85. Price to book is 5.57 and return on equity is 15.72%. The base case in the ADF Foods price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_ADF_Foods_and_what_is_the_promoter_holding\"><\/span><strong>Who owns ADF Foods, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 36.13% of ADF Foods in June 2026. FII held 11.60%, DII held 21.30% and the public held 30.97%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_ADF_Foods_latest_quarterly_results\"><\/span><strong>What were ADF Foods&#8217; latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, ADF Foods reported revenue of Rs 168.39 crore (up 23.9% year on year) and net profit of Rs 17.29 crore (up 13.5%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the ADF Foods share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case ADF Foods share price target for 2027 is Rs 317, with Rs 384 as the bull case. The downside risk level, which is not a target, is Rs 232. 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FII held 11.60%, DII held 21.30% and the public held 30.97%.\"}},{\"@type\":\"Question\",\"name\":\"What were ADF Foods' latest quarterly results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the June 2026 quarter, ADF Foods reported revenue of Rs 168.39 crore (up 23.9% year on year) and net profit of Rs 17.29 crore (up 13.5%).\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ADF Foods share price target 2027: base Rs 317, bull Rs 384, downside risk level Rs 232, built from reported earnings, valuation and shareholding data.<\/p>\n","protected":false},"author":38,"featured_media":299519,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1019],"class_list":["post-299520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["299519"],"rank_math_title":["ADF Foods Share Price Target 2027: Base and Bull Case"],"rank_math_description":["The ADF Foods share price target for 2027 is Rs 317 against a price of Rs 288.95. See the bull case, downside risk, earnings trend, valuation and key risks. 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