{"id":299977,"date":"2026-10-09T18:02:33","date_gmt":"2026-10-09T12:32:33","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=299977"},"modified":"2026-10-09T18:02:33","modified_gmt":"2026-10-09T12:32:33","slug":"manali-petrochemicals-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/manali-petrochemicals-share-price-target-2027\/","title":{"rendered":"Manali Petrochemicals 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>Manali Petrochemicals share price Rs 85.87 (9 October 2026). Base target Rs 103, bull Rs 123, downside risk Rs 68.4. PE 8.18. 52W range Rs 39.13 to Rs 93.00.<\/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 Manali Petrochemicals share price target for 2027 is Rs 103, about 19.9% above the current price of Rs 85.87. The bull case is Rs 123, and the downside risk level, which is not a target, is Rs 68.4. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 159.8%, with the stock holding its PE of 8.18. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing a Manali Petrochemicals target price for 2027 should start with where the stock sits today. At Rs 85.87 on 9 October 2026, it is 7.7% below its 52-week high of Rs 93.00 and 119.4% above its 52-week low of Rs 39.13. That range spans 138% from low to high, so the entry point matters as much as the Manali Petrochemicals price forecast itself.<\/p>\n<p>This article builds the Manali Petrochemicals 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 103 base case and the Rs 123 bull case were reached, along with a downside risk level of Rs 68.4.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=manali-petrochemicals-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\/manali-petrochemicals-share-price-target-2027\/#Manali_Petrochemicals_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"Manali Petrochemicals Stock Analysis: Company Overview and Key Stats\">Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#Why_Is_Manali_Petrochemicals_Share_Price_Target_Set_at_Rs_103_for_2027\" title=\"Why Is Manali Petrochemicals Share Price Target Set at Rs 103 for 2027?\">Why Is Manali Petrochemicals Share Price Target Set at Rs 103 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\/manali-petrochemicals-share-price-target-2027\/#Earnings_Growth_Behind_the_Manali_Petrochemicals_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the Manali Petrochemicals Target Price: Five Years of Results\">Earnings Growth Behind the Manali Petrochemicals 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\/manali-petrochemicals-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\/manali-petrochemicals-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\/manali-petrochemicals-share-price-target-2027\/#Valuation_Check_for_the_Manali_Petrochemicals_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the Manali Petrochemicals Stock Target: PE, Price to Book and ROE\">Valuation Check for the Manali Petrochemicals 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\/manali-petrochemicals-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\/manali-petrochemicals-share-price-target-2027\/#Manali_Petrochemicals_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"Manali Petrochemicals Share Price Targets for the Short Term and 12 Months\">Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#Short_Term_Manali_Petrochemicals_Stock_Target_Levels_Technical_Setup\" title=\"Short Term Manali Petrochemicals Stock Target Levels: Technical Setup\">Short Term Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#12_Month_Manali_Petrochemicals_Target_Price_for_2027\" title=\"12 Month Manali Petrochemicals Target Price for 2027\">12 Month Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_Manali_Petrochemicals_Target_Price\" title=\"How EPS Growth and PE Multiple Change the Manali Petrochemicals Target Price\">How EPS Growth and PE Multiple Change the Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_Manali_Petrochemicals_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for Manali Petrochemicals Stock Target in 2027\">Bull Case and Downside Risk for Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#Bull_Case_Rs_123\" title=\"Bull Case Rs 123\">Bull Case Rs 123<\/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\/manali-petrochemicals-share-price-target-2027\/#Downside_Risk_Level_Rs_684\" title=\"Downside Risk Level Rs 68.4\">Downside Risk Level Rs 68.4<\/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\/manali-petrochemicals-share-price-target-2027\/#Key_Risks_to_the_Manali_Petrochemicals_Target_Price_for_2027\" title=\"Key Risks to the Manali Petrochemicals Target Price for 2027\">Key Risks to the Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_Manali_Petrochemicals_Price_Target\" title=\"Growth Slowdown Risk for the Manali Petrochemicals Price Target\">Growth Slowdown Risk for the Manali Petrochemicals 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\/manali-petrochemicals-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\/manali-petrochemicals-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\/manali-petrochemicals-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\/manali-petrochemicals-share-price-target-2027\/#How_to_Invest_in_Manali_Petrochemicals\" title=\"How to Invest in Manali Petrochemicals\">How to Invest in Manali Petrochemicals<\/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\/manali-petrochemicals-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\/manali-petrochemicals-share-price-target-2027\/#FAQs_on_Manali_Petrochemicals_Share_Price_Target_2027\" title=\"FAQs on Manali Petrochemicals Share Price Target 2027\">FAQs on Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#What_is_the_Manali_Petrochemicals_share_price_target_for_2027\" title=\"What is the Manali Petrochemicals share price target for 2027?\">What is the Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#What_is_the_Manali_Petrochemicals_share_price_today\" title=\"What is the Manali Petrochemicals share price today?\">What is the Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#Is_Manali_Petrochemicals_a_buy_or_sell_at_the_current_price\" title=\"Is Manali Petrochemicals a buy or sell at the current price?\">Is Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_Manali_Petrochemicals_shares\" title=\"What are the bull case target and downside risk level for Manali Petrochemicals shares?\">What are the bull case target and downside risk level for Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#What_are_the_main_risks_to_the_Manali_Petrochemicals_price_target\" title=\"What are the main risks to the Manali Petrochemicals price target?\">What are the main risks to the Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#What_is_the_PE_ratio_of_Manali_Petrochemicals_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of Manali Petrochemicals and how does it compare with the industry?\">What is the PE ratio of Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027\/#Who_owns_Manali_Petrochemicals_and_what_is_the_promoter_holding\" title=\"Who owns Manali Petrochemicals, and what is the promoter holding?\">Who owns Manali Petrochemicals, 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\/manali-petrochemicals-share-price-target-2027\/#What_were_Manali_Petrochemicals_latest_quarterly_results\" title=\"What were Manali Petrochemicals&#8217; latest quarterly results?\">What were Manali Petrochemicals&#8217; latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Manali_Petrochemicals_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>Manali Petrochemicals Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Manali Petrochemicals (NSE: MANALIPETC) has a market capitalisation of Rs 1,471 crore. In FY26 it reported revenue of Rs 1,070 crore and net profit of Rs 129.95 crore. The table collects the figures the Manali Petrochemicals 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\/manalipetc\/manali-petrochemicals-ltd-share-price-today\">Manali Petrochemicals<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>MANALIPETC<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 85.87<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 93.00<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 39.13<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 1,471 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>8.18<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>15.72<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>1.15<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>5.54%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.11<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 10.46<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.58%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 103<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 123<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 68.4<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Manali_Petrochemicals_Share_Price_Target_Set_at_Rs_103_for_2027\"><\/span><strong>Why Is Manali Petrochemicals Share Price Target Set at Rs 103 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case Manali Petrochemicals stock target of Rs 103 applies a PE multiple of 8.18 to a forward EPS estimate of Rs 12.55. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 19.9% 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_Manali_Petrochemicals_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the Manali Petrochemicals Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Manali Petrochemicals grew revenue from Rs 1,690 crore in FY22 to Rs 1,070 crore in FY26, a compound annual growth rate of -10.8%. Net profit grew more slowly, from Rs 381.10 crore to Rs 129.95 crore (-23.6% a year), which points to margin pressure alongside the sales growth.<\/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>1,689.82<\/td>\n<td>381.10<\/td>\n<td>22.16<\/td>\n<td>2.50<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>1,205.15<\/td>\n<td>50.67<\/td>\n<td>2.95<\/td>\n<td>0.75<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>1,061.51<\/td>\n<td>19.21<\/td>\n<td>1.12<\/td>\n<td>0.75<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>921.63<\/td>\n<td>29.31<\/td>\n<td>1.70<\/td>\n<td>0.50<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>1,069.85<\/td>\n<td>129.95<\/td>\n<td>7.56<\/td>\n<td>0.50<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 16.1%, faster than the four-year average of -10.8%, and net profit moved up 343.4%. EPS rose from Rs 1.12 in FY24 to Rs 7.56 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>Manali Petrochemicals converted 12.1% of FY26 revenue into net profit, against 3.2% in FY25, within a five-year range of 1.8% to 22.6%. EBITDA margin was 18.5% in FY26 versus 8.6% in FY25.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 288.49 crore, up 18.9% from the same quarter a year earlier, while net profit of Rs 64.36 crore was up 348.8%. EBITDA came in at Rs 96.57 crore, up 213.0% 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 0.11, and shareholders&#8217; equity grew from Rs 1,030 crore in FY22 to Rs 1,281 crore in FY26. Operating cash flow in FY26 was Rs 116.33 crore against capital expenditure of Rs 68.59 crore, leaving free cash flow of Rs 47.74 crore, or 3.2% of the current market capitalisation. In FY25 free cash flow was negative at Rs 119.71 crore, so cash generation has not been steady year to year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_Manali_Petrochemicals_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the Manali Petrochemicals Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 8.18 against an industry PE of 15.72, Manali Petrochemicals trades at a discount to its industry. Price to book is 1.15 on a book value of Rs 74.50 per share, and return on equity is 5.54%. A PE of 8.18 equals an earnings yield of 12.2%, and the FY26 dividend of Rs 0.50 per share gives a yield of 0.58%.<\/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 44.86% of Manali Petrochemicals in June 2026, and promoter holding has stayed near 44.86% since June 2025. Foreign institutional investors (FII) held 0.38% and domestic institutions (DII) held 0.01%, which puts total institutional holding at 0.39%. FII holding has stayed near 0.38% since June 2025. Public shareholders own the remaining 54.74%. 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=\"Manali_Petrochemicals_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>Manali Petrochemicals 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_Manali_Petrochemicals_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term Manali Petrochemicals Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 85.87 on 9 October 2026, Manali Petrochemicals trades above its 50-day simple moving average of Rs 78.05 and above its 200-day exponential moving average of Rs 67.82. The 14-day RSI reads 53.0, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 93.00 (52-week high) and the nearest support is Rs 78.05 (50-day simple moving average). A sustained move above Rs 93.00 would improve the short-term setup, while a close below Rs 78.05 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_Manali_Petrochemicals_Target_Price_for_2027\"><\/span><strong>12 Month Manali Petrochemicals Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for Manali Petrochemicals is Rs 103: forward EPS of Rs 12.55 at a PE of 8.18. That is 19.9% above Rs 85.87. It would also push the stock above its 52-week high of Rs 93.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_Manali_Petrochemicals_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the Manali Petrochemicals 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 6.54<\/th>\n<th>PE 8.18<\/th>\n<th>PE 9.41<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 10.46)<\/td>\n<td>Rs 68.4<\/td>\n<td>Rs 85.6<\/td>\n<td>Rs 98.4<\/td>\n<\/tr>\n<tr>\n<td>20.0% (EPS Rs 12.55)<\/td>\n<td>Rs 82.1<\/td>\n<td>Rs 103<\/td>\n<td>Rs 118<\/td>\n<\/tr>\n<tr>\n<td>25.0% (EPS Rs 13.08)<\/td>\n<td>Rs 85.5<\/td>\n<td>Rs 107<\/td>\n<td>Rs 123<\/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 Manali Petrochemicals 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_Manali_Petrochemicals_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for Manali Petrochemicals Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_123\"><\/span><strong>Bull Case Rs 123<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case Manali Petrochemicals price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 13.08, and a PE multiple that rises 15% to 9.41. That gives Rs 123, 43.2% above the current price and above the 52-week high of Rs 93.00, 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_684\"><\/span><strong>Downside Risk Level Rs 68.4<\/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 10.46 and the PE falls 20% to 6.54. That gives Rs 68.4, 20.3% below the current price and above the 52-week low of Rs 39.13.<\/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>9.41<\/td>\n<td>Rs 123<\/td>\n<td>+43.2%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>20.0%<\/td>\n<td>8.18<\/td>\n<td>Rs 103<\/td>\n<td>+19.9%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>6.54<\/td>\n<td>Rs 68.4<\/td>\n<td>-20.3%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Manali_Petrochemicals_Target_Price_for_2027\"><\/span><strong>Key Risks to the Manali Petrochemicals 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_Manali_Petrochemicals_Price_Target\"><\/span><strong>Growth Slowdown Risk for the Manali Petrochemicals Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 18.9% year on year, and FY26 revenue growth was 16.1%. If growth slows from here, the EPS estimate behind the Manali Petrochemicals 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>Manali Petrochemicals has a market capitalisation of Rs 1,471 crore. Institutional holding is 0.39%, and promoters hold 44.86%. 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 12.1% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 8.18 versus an industry PE of 15.72, a de-rating toward the downside-risk PE of 6.54 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 7.7% below its 52-week high, with an RSI of 53.0 and a MACD reading below 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_Manali_Petrochemicals\"><\/span><strong>How to Invest in Manali Petrochemicals<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any Manali Petrochemicals 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 85.87 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check Manali Petrochemicals&#8217; PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Manali Petrochemicals fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three Manali Petrochemicals 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 Manali Petrochemicals 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 Manali Petrochemicals share price target for 2027 is Rs 103 in the base case, with Rs 123 as the bull case. The support for that view is arithmetic you can check: EPS grew 159.8% a year over FY24 to FY26, and the stock trades at a PE of 8.18. The risks are equally concrete, including institutional holding of only 0.39% 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_Manali_Petrochemicals_Share_Price_Target_2027\"><\/span><strong>FAQs on Manali Petrochemicals Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Manali_Petrochemicals_share_price_target_for_2027\"><\/span><strong>What is the Manali Petrochemicals share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case Manali Petrochemicals share price target for 2027 is Rs 103, with Rs 123 as the bull case. The downside risk level, which is not a target, is Rs 68.4. 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_Manali_Petrochemicals_share_price_today\"><\/span><strong>What is the Manali Petrochemicals share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 October 2026, 3:30 PM IST, Manali Petrochemicals trades at Rs 85.87, down 0.01% on the day. The 52-week range is Rs 39.13 to Rs 93.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Manali_Petrochemicals_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is Manali Petrochemicals 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 159.8% a year over FY24 to FY26, but institutional holding is only 0.39%. Whether Manali Petrochemicals 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_Manali_Petrochemicals_shares\"><\/span><strong>What are the bull case target and downside risk level for Manali Petrochemicals shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 123, which assumes 25.0% EPS growth and a PE of 9.41. The downside risk level is Rs 68.4, which assumes flat EPS and a PE of 6.54. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_Manali_Petrochemicals_price_target\"><\/span><strong>What are the main risks to the Manali Petrochemicals 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 1,471 crore, a PE de-rating and short-term weakness in the broader market. Institutional holding is only 0.39%, which can make price moves sharper.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Manali_Petrochemicals_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of Manali Petrochemicals 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 Manali Petrochemicals is 8.18 against an industry PE of 15.72. Price to book is 1.15 and return on equity is 5.54%. The base case in the Manali Petrochemicals price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_Manali_Petrochemicals_and_what_is_the_promoter_holding\"><\/span><strong>Who owns Manali Petrochemicals, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 44.86% of Manali Petrochemicals in June 2026. FII held 0.38%, DII held 0.01% and the public held 54.74%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Manali_Petrochemicals_latest_quarterly_results\"><\/span><strong>What were Manali Petrochemicals&#8217; latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, Manali Petrochemicals reported revenue of Rs 288.49 crore (up 18.9% year on year) and net profit of Rs 64.36 crore (up 348.8%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Manali Petrochemicals share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case Manali Petrochemicals share price target for 2027 is Rs 103, with Rs 123 as the bull case. The downside risk level, which is not a target, is Rs 68.4. 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Bull case, downside risk, earnings trend and risks explained. October 2026."],"rank_math_focus_keyword":["Manali Petrochemicals 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\/manali-petrochemicals-share-price-target-2027-base-and-bull-targets-built-on.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299977","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\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=299977"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299977\/revisions"}],"predecessor-version":[{"id":299978,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299977\/revisions\/299978"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/299976"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=299977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=299977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=299977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}