{"id":299813,"date":"2026-10-09T17:36:22","date_gmt":"2026-10-09T12:06:22","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=299813"},"modified":"2026-10-09T17:36:22","modified_gmt":"2026-10-09T12:06:22","slug":"indo-amines-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/indo-amines-share-price-target-2027\/","title":{"rendered":"Indo Amines 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>Indo Amines share price Rs 158.50 (9 October 2026). Base target Rs 183, bull Rs 219, downside risk Rs 122. PE 13.61. 52W range Rs 81.90 to Rs 168.00.<\/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 Indo Amines share price target for 2027 is Rs 183, about 15.5% above the current price of Rs 158.50. The bull case is Rs 219, and the downside risk level, which is not a target, is Rs 122. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 35.0%, with the stock holding its PE of 13.61. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing an Indo Amines target price for 2027 should start with where the stock sits today. At Rs 158.50 on 9 October 2026, it is 5.7% below its 52-week high of Rs 168.00 and 93.5% above its 52-week low of Rs 81.90. That range spans 105% from low to high, so the entry point matters as much as the Indo Amines price forecast itself.<\/p>\n<p>This article builds the Indo Amines 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 183 base case and the Rs 219 bull case were reached, along with a downside risk level of Rs 122.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=indo-amines-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\/indo-amines-share-price-target-2027\/#Indo_Amines_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"Indo Amines Stock Analysis: Company Overview and Key Stats\">Indo Amines 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\/indo-amines-share-price-target-2027\/#Why_Is_Indo_Amines_Share_Price_Target_Set_at_Rs_183_for_2027\" title=\"Why Is Indo Amines Share Price Target Set at Rs 183 for 2027?\">Why Is Indo Amines Share Price Target Set at Rs 183 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\/indo-amines-share-price-target-2027\/#Earnings_Growth_Behind_the_Indo_Amines_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the Indo Amines Target Price: Five Years of Results\">Earnings Growth Behind the Indo Amines 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\/indo-amines-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\/indo-amines-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\/indo-amines-share-price-target-2027\/#Valuation_Check_for_the_Indo_Amines_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the Indo Amines Stock Target: PE, Price to Book and ROE\">Valuation Check for the Indo Amines 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\/indo-amines-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\/indo-amines-share-price-target-2027\/#Indo_Amines_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"Indo Amines Share Price Targets for the Short Term and 12 Months\">Indo Amines 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\/indo-amines-share-price-target-2027\/#Short_Term_Indo_Amines_Stock_Target_Levels_Technical_Setup\" title=\"Short Term Indo Amines Stock Target Levels: Technical Setup\">Short Term Indo Amines 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\/indo-amines-share-price-target-2027\/#12_Month_Indo_Amines_Target_Price_for_2027\" title=\"12 Month Indo Amines Target Price for 2027\">12 Month Indo Amines 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\/indo-amines-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_Indo_Amines_Target_Price\" title=\"How EPS Growth and PE Multiple Change the Indo Amines Target Price\">How EPS Growth and PE Multiple Change the Indo Amines 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\/indo-amines-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_Indo_Amines_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for Indo Amines Stock Target in 2027\">Bull Case and Downside Risk for Indo Amines 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\/indo-amines-share-price-target-2027\/#Bull_Case_Rs_219\" title=\"Bull Case Rs 219\">Bull Case Rs 219<\/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\/indo-amines-share-price-target-2027\/#Downside_Risk_Level_Rs_122\" title=\"Downside Risk Level Rs 122\">Downside Risk Level Rs 122<\/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\/indo-amines-share-price-target-2027\/#Key_Risks_to_the_Indo_Amines_Target_Price_for_2027\" title=\"Key Risks to the Indo Amines Target Price for 2027\">Key Risks to the Indo Amines 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\/indo-amines-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_Indo_Amines_Price_Target\" title=\"Growth Slowdown Risk for the Indo Amines Price Target\">Growth Slowdown Risk for the Indo Amines 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\/indo-amines-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\/indo-amines-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\/indo-amines-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\/indo-amines-share-price-target-2027\/#How_to_Invest_in_Indo_Amines\" title=\"How to Invest in Indo Amines\">How to Invest in Indo Amines<\/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\/indo-amines-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\/indo-amines-share-price-target-2027\/#FAQs_on_Indo_Amines_Share_Price_Target_2027\" title=\"FAQs on Indo Amines Share Price Target 2027\">FAQs on Indo Amines 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\/indo-amines-share-price-target-2027\/#What_is_the_Indo_Amines_share_price_target_for_2027\" title=\"What is the Indo Amines share price target for 2027?\">What is the Indo Amines 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\/indo-amines-share-price-target-2027\/#What_is_the_Indo_Amines_share_price_today\" title=\"What is the Indo Amines share price today?\">What is the Indo Amines 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\/indo-amines-share-price-target-2027\/#Is_Indo_Amines_a_buy_or_sell_at_the_current_price\" title=\"Is Indo Amines a buy or sell at the current price?\">Is Indo Amines 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\/indo-amines-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_Indo_Amines_shares\" title=\"What are the bull case target and downside risk level for Indo Amines shares?\">What are the bull case target and downside risk level for Indo Amines 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\/indo-amines-share-price-target-2027\/#What_are_the_main_risks_to_the_Indo_Amines_price_target\" title=\"What are the main risks to the Indo Amines price target?\">What are the main risks to the Indo Amines 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\/indo-amines-share-price-target-2027\/#What_is_the_PE_ratio_of_Indo_Amines_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of Indo Amines and how does it compare with the industry?\">What is the PE ratio of Indo Amines 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\/indo-amines-share-price-target-2027\/#Who_owns_Indo_Amines_and_what_is_the_promoter_holding\" title=\"Who owns Indo Amines, and what is the promoter holding?\">Who owns Indo Amines, 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\/indo-amines-share-price-target-2027\/#What_were_Indo_Amines_latest_quarterly_results\" title=\"What were Indo Amines&#8217; latest quarterly results?\">What were Indo Amines&#8217; latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Indo_Amines_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>Indo Amines Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Indo Amines (NSE: INDOAMIN) has a market capitalisation of Rs 1,106 crore. In FY26 it reported revenue of Rs 1,188 crore and net profit of Rs 79.33 crore. The table collects the figures the Indo Amines 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\/indoamin\/indo-amines-ltd-share-price-today\">Indo Amines<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>INDOAMIN<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 158.50<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 168.00<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 81.90<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 1,106 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>13.61<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>36.60<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>2.82<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>20.22%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.79<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 11.19<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.33%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 183<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 219<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 122<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Indo_Amines_Share_Price_Target_Set_at_Rs_183_for_2027\"><\/span><strong>Why Is Indo Amines Share Price Target Set at Rs 183 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case Indo Amines stock target of Rs 183 applies a PE multiple of 13.61 to a forward EPS estimate of Rs 13.43. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 15.5% 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Growth_Behind_the_Indo_Amines_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the Indo Amines Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Indo Amines grew revenue from Rs 796.39 crore in FY22 to Rs 1,188 crore in FY26, a compound annual growth rate of 10.5%. Net profit grew faster, from Rs 23.05 crore to Rs 79.33 crore (36.2% 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>796.39<\/td>\n<td>23.05<\/td>\n<td>3.26<\/td>\n<td>0.50<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>949.24<\/td>\n<td>40.88<\/td>\n<td>5.78<\/td>\n<td>0.50<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>959.16<\/td>\n<td>42.97<\/td>\n<td>5.92<\/td>\n<td>0.50<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>1,093.91<\/td>\n<td>55.90<\/td>\n<td>7.70<\/td>\n<td>0.50<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>1,188.23<\/td>\n<td>79.33<\/td>\n<td>10.79<\/td>\n<td>0.50<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 8.6%, close to the four-year average of 10.5%, and net profit moved up 41.9%. EPS rose from Rs 5.92 in FY24 to Rs 10.79 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>Indo Amines converted 6.7% of FY26 revenue into net profit, against 5.1% in FY25, within a five-year range of 2.9% to 6.7%. EBITDA margin was 12.7% in FY26 versus 10.6% in FY25.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 376.08 crore, up 24.1% from the same quarter a year earlier, while net profit of Rs 30.76 crore was up 6.7%. EBITDA came in at Rs 54.24 crore, up 15.8% 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 0.79, and shareholders&#8217; equity grew from Rs 187.70 crore in FY22 to Rs 393.78 crore in FY26. Operating cash flow in FY26 was Rs 78.80 crore against capital expenditure of Rs 78.43 crore, leaving free cash flow of Rs 0.37 crore, or 0.0% of the current market capitalisation. In FY25 free cash flow was negative at Rs 47.78 crore, so cash generation has not been steady year to year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_Indo_Amines_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the Indo Amines Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 13.61 against an industry PE of 36.60, Indo Amines trades at a discount to its industry. Price to book is 2.82 on a book value of Rs 54.03 per share, and return on equity is 20.22%. A PE of 13.61 equals an earnings yield of 7.3%, and the FY26 dividend of Rs 0.50 per share gives a yield of 0.33%.<\/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 58.42% of Indo Amines in June 2026, and promoter holding has stayed near 58.42% since June 2025. Foreign institutional investors (FII) held 0.08% and domestic institutions (DII) held 0.00%, which puts total institutional holding at 0.08%. FII holding has stayed near 0.08% since June 2025. Public shareholders own the remaining 41.50%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Indo_Amines_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>Indo Amines 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_Indo_Amines_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term Indo Amines Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 158.50 on 9 October 2026, Indo Amines trades above its 50-day simple moving average of Rs 130.64 and above its 200-day exponential moving average of Rs 128.11. The 14-day RSI reads 71.8, which is overbought territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 168.00 (52-week high) and the nearest support is Rs 130.64 (50-day simple moving average). A sustained move above Rs 168.00 would improve the short-term setup, while a close below Rs 130.64 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_Indo_Amines_Target_Price_for_2027\"><\/span><strong>12 Month Indo Amines Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for Indo Amines is Rs 183: forward EPS of Rs 13.43 at a PE of 13.61. That is 15.5% above Rs 158.50. It would also push the stock above its 52-week high of Rs 168.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_Indo_Amines_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the Indo Amines 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 10.89<\/th>\n<th>PE 13.61<\/th>\n<th>PE 15.65<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 11.19)<\/td>\n<td>Rs 122<\/td>\n<td>Rs 152<\/td>\n<td>Rs 175<\/td>\n<\/tr>\n<tr>\n<td>20.0% (EPS Rs 13.43)<\/td>\n<td>Rs 146<\/td>\n<td>Rs 183<\/td>\n<td>Rs 210<\/td>\n<\/tr>\n<tr>\n<td>25.0% (EPS Rs 13.99)<\/td>\n<td>Rs 152<\/td>\n<td>Rs 190<\/td>\n<td>Rs 219<\/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 Indo Amines 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_Indo_Amines_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for Indo Amines Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_219\"><\/span><strong>Bull Case Rs 219<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case Indo Amines price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 13.99, and a PE multiple that rises 15% to 15.65. That gives Rs 219, 38.2% above the current price and above the 52-week high of Rs 168.00, 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_122\"><\/span><strong>Downside Risk Level Rs 122<\/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 11.19 and the PE falls 20% to 10.89. That gives Rs 122, 23.0% below the current price and above the 52-week low of Rs 81.90.<\/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>25.0%<\/td>\n<td>15.65<\/td>\n<td>Rs 219<\/td>\n<td>+38.2%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>20.0%<\/td>\n<td>13.61<\/td>\n<td>Rs 183<\/td>\n<td>+15.5%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>10.89<\/td>\n<td>Rs 122<\/td>\n<td>-23.0%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Indo_Amines_Target_Price_for_2027\"><\/span><strong>Key Risks to the Indo Amines 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_Indo_Amines_Price_Target\"><\/span><strong>Growth Slowdown Risk for the Indo Amines Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 24.1% year on year, and FY26 revenue growth was 8.6%. If growth slows from here, the EPS estimate behind the Indo Amines 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>Indo Amines has a market capitalisation of Rs 1,106 crore. Institutional holding is 0.08%, and promoters hold 58.42%. 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 6.7% in FY26, so a small slip in costs moves profit noticeably. At a PE of 13.61 versus an industry PE of 36.60, a de-rating toward the downside-risk PE of 10.89 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 5.7% below its 52-week high, with an RSI of 71.8 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_Indo_Amines\"><\/span><strong>How to Invest in Indo Amines<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any Indo Amines 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 158.50 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check Indo Amines&#8217; PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Indo Amines fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three Indo Amines 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.<\/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 Indo Amines 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 Indo Amines share price target for 2027 is Rs 183 in the base case, with Rs 219 as the bull case. The support for that view is arithmetic you can check: EPS grew 35.0% a year over FY24 to FY26, and the stock trades at a PE of 13.61. The risks are equally concrete, including institutional holding of only 0.08% and a downside scenario that cuts the price 23% 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_Indo_Amines_Share_Price_Target_2027\"><\/span><strong>FAQs on Indo Amines Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Indo_Amines_share_price_target_for_2027\"><\/span><strong>What is the Indo Amines share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case Indo Amines share price target for 2027 is Rs 183, with Rs 219 as the bull case. The downside risk level, which is not a target, is Rs 122. 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_Indo_Amines_share_price_today\"><\/span><strong>What is the Indo Amines share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 October 2026, 3:29 PM IST, Indo Amines trades at Rs 158.50, up 4.48% on the day. The 52-week range is Rs 81.90 to Rs 168.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Indo_Amines_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is Indo Amines 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 35.0% a year over FY24 to FY26, but institutional holding is only 0.08%. Whether Indo Amines 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_Indo_Amines_shares\"><\/span><strong>What are the bull case target and downside risk level for Indo Amines shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 219, which assumes 25.0% EPS growth and a PE of 15.65. The downside risk level is Rs 122, which assumes flat EPS and a PE of 10.89. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_Indo_Amines_price_target\"><\/span><strong>What are the main risks to the Indo Amines 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 1,106 crore, a PE de-rating and short-term weakness in the broader market. Institutional holding is only 0.08%, which can make price moves sharper.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Indo_Amines_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of Indo Amines 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 Indo Amines is 13.61 against an industry PE of 36.60. Price to book is 2.82 and return on equity is 20.22%. The base case in the Indo Amines price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_Indo_Amines_and_what_is_the_promoter_holding\"><\/span><strong>Who owns Indo Amines, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 58.42% of Indo Amines in June 2026. FII held 0.08%, DII held 0.00% and the public held 41.50%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Indo_Amines_latest_quarterly_results\"><\/span><strong>What were Indo Amines&#8217; latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, Indo Amines reported revenue of Rs 376.08 crore (up 24.1% year on year) and net profit of Rs 30.76 crore (up 6.7%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Indo Amines share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case Indo Amines share price target for 2027 is Rs 183, with Rs 219 as the bull case. The downside risk level, which is not a target, is Rs 122. 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FII held 0.08%, DII held 0.00% and the public held 41.50%.\"}},{\"@type\":\"Question\",\"name\":\"What were Indo Amines' latest quarterly results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the June 2026 quarter, Indo Amines reported revenue of Rs 376.08 crore (up 24.1% year on year) and net profit of Rs 30.76 crore (up 6.7%).\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indo Amines share price target 2027: base Rs 183, bull Rs 219, downside risk level Rs 122, built from reported earnings, valuation and shareholding data.<\/p>\n","protected":false},"author":29,"featured_media":299812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1019],"class_list":["post-299813","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":["299812"],"rank_math_title":["Indo Amines Share Price Target 2027: Base and Bull Case"],"rank_math_description":["The Indo Amines share price target for 2027 is Rs 183 versus Rs 158.50 today. Bull case, downside risk, earnings trend and risks explained. October 2026."],"rank_math_focus_keyword":["Indo Amines share price target | Density Target: 1.2 to 1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/indo-amines-share-price-target-2027-base-and-bull-targets-built-on-fy26-earnings.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=299813"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299813\/revisions"}],"predecessor-version":[{"id":299814,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299813\/revisions\/299814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/299812"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=299813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=299813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=299813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}