{"id":299998,"date":"2026-10-09T18:06:03","date_gmt":"2026-10-09T12:36:03","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=299998"},"modified":"2026-10-09T18:06:03","modified_gmt":"2026-10-09T12:36:03","slug":"master-trust-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/master-trust-share-price-target-2027\/","title":{"rendered":"Master Trust 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>Master Trust share price Rs 82.52 (9 October 2026). Base target Rs 85.6, bull Rs 104, downside risk Rs 65.9. PE 7.59. 52W range Rs 55.60 to Rs 149.90.<\/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 Master Trust share price target for 2027 is Rs 85.6, about 3.7% above the current price of Rs 82.52. The bull case is Rs 104, and the downside risk level, which is not a target, is Rs 65.9. The base case assumes earnings per share grow 3.9% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 7.59. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing a Master Trust target price for 2027 should start with where the stock sits today. At Rs 82.52 on 9 October 2026, it is 44.9% below its 52-week high of Rs 149.90 and 48.4% above its 52-week low of Rs 55.60. That range spans 170% from low to high, so the entry point matters as much as the Master Trust price forecast itself.<\/p>\n<p>This article builds the Master Trust 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 85.6 base case and the Rs 104 bull case were reached, along with a downside risk level of Rs 65.9.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=master-trust-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\/master-trust-share-price-target-2027\/#Master_Trust_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"Master Trust Stock Analysis: Company Overview and Key Stats\">Master Trust 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\/master-trust-share-price-target-2027\/#Why_Is_Master_Trust_Share_Price_Target_Set_at_Rs_856_for_2027\" title=\"Why Is Master Trust Share Price Target Set at Rs 85.6 for 2027?\">Why Is Master Trust Share Price Target Set at Rs 85.6 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\/master-trust-share-price-target-2027\/#Earnings_Growth_Behind_the_Master_Trust_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the Master Trust Target Price: Five Years of Results\">Earnings Growth Behind the Master Trust 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\/master-trust-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\/master-trust-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\/master-trust-share-price-target-2027\/#Valuation_Check_for_the_Master_Trust_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the Master Trust Stock Target: PE, Price to Book and ROE\">Valuation Check for the Master Trust 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\/master-trust-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\/master-trust-share-price-target-2027\/#Master_Trust_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"Master Trust Share Price Targets for the Short Term and 12 Months\">Master Trust 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\/master-trust-share-price-target-2027\/#Short_Term_Master_Trust_Stock_Target_Levels_Technical_Setup\" title=\"Short Term Master Trust Stock Target Levels: Technical Setup\">Short Term Master Trust 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\/master-trust-share-price-target-2027\/#12_Month_Master_Trust_Target_Price_for_2027\" title=\"12 Month Master Trust Target Price for 2027\">12 Month Master Trust 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\/master-trust-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_Master_Trust_Target_Price\" title=\"How EPS Growth and PE Multiple Change the Master Trust Target Price\">How EPS Growth and PE Multiple Change the Master Trust 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\/master-trust-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_Master_Trust_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for Master Trust Stock Target in 2027\">Bull Case and Downside Risk for Master Trust 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\/master-trust-share-price-target-2027\/#Bull_Case_Rs_104\" title=\"Bull Case Rs 104\">Bull Case Rs 104<\/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\/master-trust-share-price-target-2027\/#Downside_Risk_Level_Rs_659\" title=\"Downside Risk Level Rs 65.9\">Downside Risk Level Rs 65.9<\/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\/master-trust-share-price-target-2027\/#Key_Risks_to_the_Master_Trust_Target_Price_for_2027\" title=\"Key Risks to the Master Trust Target Price for 2027\">Key Risks to the Master Trust 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\/master-trust-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_Master_Trust_Price_Target\" title=\"Growth Slowdown Risk for the Master Trust Price Target\">Growth Slowdown Risk for the Master Trust 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\/master-trust-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\/master-trust-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\/master-trust-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\/master-trust-share-price-target-2027\/#How_to_Invest_in_Master_Trust\" title=\"How to Invest in Master Trust\">How to Invest in Master Trust<\/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\/master-trust-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\/master-trust-share-price-target-2027\/#FAQs_on_Master_Trust_Share_Price_Target_2027\" title=\"FAQs on Master Trust Share Price Target 2027\">FAQs on Master Trust 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\/master-trust-share-price-target-2027\/#What_is_the_Master_Trust_share_price_target_for_2027\" title=\"What is the Master Trust share price target for 2027?\">What is the Master Trust 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\/master-trust-share-price-target-2027\/#What_is_the_Master_Trust_share_price_today\" title=\"What is the Master Trust share price today?\">What is the Master Trust 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\/master-trust-share-price-target-2027\/#Is_Master_Trust_a_buy_or_sell_at_the_current_price\" title=\"Is Master Trust a buy or sell at the current price?\">Is Master Trust 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\/master-trust-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_Master_Trust_shares\" title=\"What are the bull case target and downside risk level for Master Trust shares?\">What are the bull case target and downside risk level for Master Trust 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\/master-trust-share-price-target-2027\/#What_are_the_main_risks_to_the_Master_Trust_price_target\" title=\"What are the main risks to the Master Trust price target?\">What are the main risks to the Master Trust 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\/master-trust-share-price-target-2027\/#What_is_the_PE_ratio_of_Master_Trust_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of Master Trust and how does it compare with the industry?\">What is the PE ratio of Master Trust 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\/master-trust-share-price-target-2027\/#Who_owns_Master_Trust_and_what_is_the_promoter_holding\" title=\"Who owns Master Trust, and what is the promoter holding?\">Who owns Master Trust, 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\/master-trust-share-price-target-2027\/#What_were_Master_Trusts_latest_quarterly_results\" title=\"What were Master Trust&#8217;s latest quarterly results?\">What were Master Trust&#8217;s latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Master_Trust_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>Master Trust Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Master Trust (NSE: MASTERTR) has a market capitalisation of Rs 1,014 crore. In FY26 it reported revenue of Rs 575.84 crore and net profit of Rs 126.09 crore. The table collects the figures the Master Trust 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\/mastertr\/master-trust-ltd-share-price-today\">Master Trust<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>MASTERTR<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 82.52<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 149.90<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 55.60<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 1,014 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>7.59<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>17.72<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>1.24<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>15.44%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.28<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 10.86<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.00%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 85.6<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 104<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 65.9<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Master_Trust_Share_Price_Target_Set_at_Rs_856_for_2027\"><\/span><strong>Why Is Master Trust Share Price Target Set at Rs 85.6 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case Master Trust stock target of Rs 85.6 applies a PE multiple of 7.59 to a forward EPS estimate of Rs 11.28. That EPS assumes 3.9% yearly growth, the pace from FY24 to FY26, and puts the target 3.7% 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_Master_Trust_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the Master Trust Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Master Trust grew revenue from Rs 331.37 crore in FY22 to Rs 575.84 crore in FY26, a compound annual growth rate of 14.8%. Net profit grew faster, from Rs 55.17 crore to Rs 126.09 crore (23.0% 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>331.37<\/td>\n<td>55.17<\/td>\n<td>25.36<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>339.30<\/td>\n<td>65.89<\/td>\n<td>30.29<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>500.53<\/td>\n<td>108.08<\/td>\n<td>9.79<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>583.94<\/td>\n<td>131.24<\/td>\n<td>11.21<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>575.84<\/td>\n<td>126.09<\/td>\n<td>10.56<\/td>\n<td>0.00<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was -1.4%, slower than the four-year average of 14.8%, and net profit moved down 3.9%. EPS rose from Rs 9.79 in FY24 to Rs 10.56 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>Master Trust converted 21.9% of FY26 revenue into net profit, against 22.5% in FY25, within a five-year range of 16.6% to 22.5%. EBITDA margin was 41.0% in FY26 versus 41.6% in FY25.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 149.79 crore, up 13.8% from the same quarter a year earlier, while net profit of Rs 34.65 crore was up 27.8%. EBITDA came in at Rs 61.83 crore, up 19.3% 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 0.28, and shareholders&#8217; equity grew from Rs 299.84 crore in FY22 to Rs 818.62 crore in FY26. Operating cash flow in FY26 was Rs 341.24 crore against capital expenditure of Rs 3.45 crore, leaving free cash flow of Rs 337.79 crore, or 33.3% of the current market capitalisation. In FY25 free cash flow was negative at Rs 111.09 crore, so cash generation has not been steady year to year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_Master_Trust_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the Master Trust Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 7.59 against an industry PE of 17.72, Master Trust trades at a discount to its industry. Price to book is 1.24 on a book value of Rs 66.40 per share, and return on equity is 15.44%. A PE of 7.59 equals an earnings yield of 13.2%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.00%.<\/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 71.93% of Master Trust in June 2026, and promoter holding has stayed near 71.93% since August 2025. Foreign institutional investors (FII) held 0.03% and domestic institutions (DII) held 0.00%, which puts total institutional holding at 0.03%. FII holding has stayed near 0.03% since August 2025. Public shareholders own the remaining 28.04%. 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=\"Master_Trust_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>Master Trust 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_Master_Trust_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term Master Trust Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 82.52 on 9 October 2026, Master Trust trades below its 50-day simple moving average of Rs 83.57 and below its 200-day exponential moving average of Rs 91.70. The 14-day RSI reads 27.4, which is oversold territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 83.57 (50-day simple moving average) and the nearest support is Rs 55.60 (52-week low). A sustained move above Rs 83.57 would improve the short-term setup, while a close below Rs 55.60 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_Master_Trust_Target_Price_for_2027\"><\/span><strong>12 Month Master Trust Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for Master Trust is Rs 85.6: forward EPS of Rs 11.28 at a PE of 7.59. That is 3.7% above Rs 82.52. It would still leave the stock 42.9% below its 52-week high of Rs 149.90. The upside in the base case is thin, so the thesis here leans on the bull case and on patience.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_Master_Trust_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the Master Trust 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 6.07<\/th>\n<th>PE 7.59<\/th>\n<th>PE 8.73<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 10.86)<\/td>\n<td>Rs 65.9<\/td>\n<td>Rs 82.4<\/td>\n<td>Rs 94.8<\/td>\n<\/tr>\n<tr>\n<td>3.9% (EPS Rs 11.28)<\/td>\n<td>Rs 68.5<\/td>\n<td>Rs 85.6<\/td>\n<td>Rs 98.5<\/td>\n<\/tr>\n<tr>\n<td>9.9% (EPS Rs 11.93)<\/td>\n<td>Rs 72.4<\/td>\n<td>Rs 90.5<\/td>\n<td>Rs 104<\/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 Master Trust 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_Master_Trust_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for Master Trust Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_104\"><\/span><strong>Bull Case Rs 104<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case Master Trust price target needs EPS growth of 9.9%, which lifts forward EPS to Rs 11.93, and a PE multiple that rises 15% to 8.73. That gives Rs 104, 26.0% above the current price and below the 52-week high of Rs 149.90.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Downside_Risk_Level_Rs_659\"><\/span><strong>Downside Risk Level Rs 65.9<\/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 10.86 and the PE falls 20% to 6.07. That gives Rs 65.9, 20.1% below the current price and above the 52-week low of Rs 55.60.<\/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>9.9%<\/td>\n<td>8.73<\/td>\n<td>Rs 104<\/td>\n<td>+26.0%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>3.9%<\/td>\n<td>7.59<\/td>\n<td>Rs 85.6<\/td>\n<td>+3.7%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>6.07<\/td>\n<td>Rs 65.9<\/td>\n<td>-20.1%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Master_Trust_Target_Price_for_2027\"><\/span><strong>Key Risks to the Master Trust 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_Master_Trust_Price_Target\"><\/span><strong>Growth Slowdown Risk for the Master Trust Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 13.8% year on year, and FY26 revenue growth was -1.4%. If growth slows from here, the EPS estimate behind the Master Trust 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>Master Trust has a market capitalisation of Rs 1,014 crore. Institutional holding is 0.03%, and promoters hold 71.93%. 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 21.9% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 7.59 versus an industry PE of 17.72, a de-rating toward the downside-risk PE of 6.07 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 44.9% below its 52-week high, with an RSI of 27.4 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_Master_Trust\"><\/span><strong>How to Invest in Master Trust<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any Master Trust 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 82.52 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check Master Trust&#8217;s PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Master Trust fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three Master Trust target price scenarios with your own view. If you expect EPS growth below 3.9%, 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 Master Trust 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 Master Trust share price target for 2027 is Rs 85.6 in the base case, with Rs 104 as the bull case. The support for that view is arithmetic you can check: EPS grew 3.9% a year over FY24 to FY26, and the stock trades at a PE of 7.59. The risks are equally concrete, including institutional holding of only 0.03% 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_Master_Trust_Share_Price_Target_2027\"><\/span><strong>FAQs on Master Trust Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Master_Trust_share_price_target_for_2027\"><\/span><strong>What is the Master Trust share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case Master Trust share price target for 2027 is Rs 85.6, with Rs 104 as the bull case. The downside risk level, which is not a target, is Rs 65.9. 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_Master_Trust_share_price_today\"><\/span><strong>What is the Master Trust 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, Master Trust trades at Rs 82.52, up 1.13% on the day. The 52-week range is Rs 55.60 to Rs 149.90.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Master_Trust_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is Master Trust 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 3.9% a year over FY24 to FY26, but institutional holding is only 0.03%. Whether Master Trust 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_Master_Trust_shares\"><\/span><strong>What are the bull case target and downside risk level for Master Trust shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 104, which assumes 9.9% EPS growth and a PE of 8.73. The downside risk level is Rs 65.9, which assumes flat EPS and a PE of 6.07. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_Master_Trust_price_target\"><\/span><strong>What are the main risks to the Master Trust 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 1,014 crore, a PE de-rating and short-term weakness in the broader market. Institutional holding is only 0.03%, which can make price moves sharper.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Master_Trust_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of Master Trust 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 Master Trust is 7.59 against an industry PE of 17.72. Price to book is 1.24 and return on equity is 15.44%. The base case in the Master Trust price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_Master_Trust_and_what_is_the_promoter_holding\"><\/span><strong>Who owns Master Trust, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 71.93% of Master Trust in June 2026. FII held 0.03%, DII held 0.00% and the public held 28.04%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Master_Trusts_latest_quarterly_results\"><\/span><strong>What were Master Trust&#8217;s latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, Master Trust reported revenue of Rs 149.79 crore (up 13.8% year on year) and net profit of Rs 34.65 crore (up 27.8%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Master Trust share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case Master Trust share price target for 2027 is Rs 85.6, with Rs 104 as the bull case. The downside risk level, which is not a target, is Rs 65.9. 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FII held 0.03%, DII held 0.00% and the public held 28.04%.\"}},{\"@type\":\"Question\",\"name\":\"What were Master Trust's latest quarterly results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the June 2026 quarter, Master Trust reported revenue of Rs 149.79 crore (up 13.8% year on year) and net profit of Rs 34.65 crore (up 27.8%).\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Master Trust share price target 2027: base Rs 85.6, bull Rs 104, downside risk level Rs 65.9, built from reported earnings, valuation and shareholding data.<\/p>\n","protected":false},"author":28,"featured_media":299997,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1019],"class_list":["post-299998","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":["299997"],"rank_math_title":["Master Trust Share Price Target 2027: Base and Bull Case"],"rank_math_description":["The Master Trust share price target for 2027 is Rs 85.6 versus Rs 82.52 today. Bull case, downside risk, earnings trend and risks explained. October 2026."],"rank_math_focus_keyword":["Master Trust 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\/master-trust-share-price-target-2027-base-and-bull-targets-built-on-fy26.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299998","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\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=299998"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299998\/revisions"}],"predecessor-version":[{"id":299999,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299998\/revisions\/299999"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/299997"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=299998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=299998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=299998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}