{"id":341989,"date":"2026-11-06T13:25:03","date_gmt":"2026-11-06T07:55:03","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=341989"},"modified":"2026-11-06T13:25:03","modified_gmt":"2026-11-06T07:55:03","slug":"srf-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/srf-share-price-target-2027\/","title":{"rendered":"SRF Share Price Target 2027: 18.5% Upside to Rs 2,912, Bull Case Rs 3,520"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>SRF share price Rs 2,458.00 (6 November 2026). Base target Rs 2,912, bull Rs 3,520, downside risk Rs 1,988. PE 32.26. 52W range Rs 2,178.30 to Rs 3,143.00.<\/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 SRF share price target for 2027 is Rs 2,912, about 18.5% above the current price of Rs 2,458.00. The bull case is Rs 3,520, and the downside risk level, which is not a target, is Rs 1,988. The base case assumes earnings per share grow 17.2% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 32.26. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing a SRF target price for 2027 should start with where the stock sits today. At Rs 2,458.00 on 6 November 2026, it is 21.8% below its 52-week high of Rs 3,143.00 and 12.8% above its 52-week low of Rs 2,178.30. That range spans 44% from low to high, so the entry point matters as much as the SRF price forecast itself.<\/p>\n<p>This article builds the SRF share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario states its assumptions, so you can trace how the base case, the bull case and the downside risk level were reached and test them against your own view.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=srf-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\/srf-share-price-target-2027\/#SRF_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"SRF Stock Analysis: Company Overview and Key Stats\">SRF 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\/srf-share-price-target-2027\/#Why_Is_SRF_Share_Price_Target_Set_at_Rs_2912_for_2027\" title=\"Why Is SRF Share Price Target Set at Rs 2,912 for 2027?\">Why Is SRF Share Price Target Set at Rs 2,912 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\/srf-share-price-target-2027\/#Earnings_Growth_Behind_the_SRF_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the SRF Target Price: Five Years of Results\">Earnings Growth Behind the SRF 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\/srf-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\/srf-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\/srf-share-price-target-2027\/#Valuation_Check_for_the_SRF_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the SRF Stock Target: PE, Price to Book and ROE\">Valuation Check for the SRF 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\/srf-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\/srf-share-price-target-2027\/#SRF_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"SRF Share Price Targets for the Short Term and 12 Months\">SRF 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\/srf-share-price-target-2027\/#Short_Term_SRF_Stock_Target_Levels_Technical_Setup\" title=\"Short Term SRF Stock Target Levels: Technical Setup\">Short Term SRF 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\/srf-share-price-target-2027\/#12_Month_SRF_Target_Price_for_2027\" title=\"12 Month SRF Target Price for 2027\">12 Month SRF 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\/srf-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_SRF_Target_Price\" title=\"How EPS Growth and PE Multiple Change the SRF Target Price\">How EPS Growth and PE Multiple Change the SRF 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\/srf-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_SRF_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for SRF Stock Target in 2027\">Bull Case and Downside Risk for SRF 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\/srf-share-price-target-2027\/#Bull_Case_Rs_3520\" title=\"Bull Case Rs 3,520\">Bull Case Rs 3,520<\/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\/srf-share-price-target-2027\/#Downside_Risk_Level_Rs_1988\" title=\"Downside Risk Level Rs 1,988\">Downside Risk Level Rs 1,988<\/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\/srf-share-price-target-2027\/#Key_Risks_to_the_SRF_Target_Price_for_2027\" title=\"Key Risks to the SRF Target Price for 2027\">Key Risks to the SRF 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\/srf-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_SRF_Price_Target\" title=\"Growth Slowdown Risk for the SRF Price Target\">Growth Slowdown Risk for the SRF 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\/srf-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\/srf-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\/srf-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\/srf-share-price-target-2027\/#How_to_Invest_in_SRF\" title=\"How to Invest in SRF\">How to Invest in SRF<\/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\/srf-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\/srf-share-price-target-2027\/#FAQs_on_SRF_Share_Price_Target_2027\" title=\"FAQs on SRF Share Price Target 2027\">FAQs on SRF 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\/srf-share-price-target-2027\/#What_is_the_SRF_share_price_target_for_2027\" title=\"What is the SRF share price target for 2027?\">What is the SRF 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\/srf-share-price-target-2027\/#What_is_the_SRF_share_price_today\" title=\"What is the SRF share price today?\">What is the SRF 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\/srf-share-price-target-2027\/#Is_SRF_a_buy_or_sell_at_the_current_price\" title=\"Is SRF a buy or sell at the current price?\">Is SRF 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\/srf-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_SRF_shares\" title=\"What are the bull case target and downside risk level for SRF shares?\">What are the bull case target and downside risk level for SRF 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\/srf-share-price-target-2027\/#What_are_the_main_risks_to_the_SRF_price_target\" title=\"What are the main risks to the SRF price target?\">What are the main risks to the SRF 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\/srf-share-price-target-2027\/#What_is_the_PE_ratio_of_SRF_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of SRF and how does it compare with the industry?\">What is the PE ratio of SRF 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\/srf-share-price-target-2027\/#Who_owns_SRF_and_what_is_the_promoter_holding\" title=\"Who owns SRF, and what is the promoter holding?\">Who owns SRF, 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\/srf-share-price-target-2027\/#What_were_SRFs_latest_quarterly_results\" title=\"What were SRF&#8217;s latest quarterly results?\">What were SRF&#8217;s latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"SRF_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>SRF Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SRF (NSE: SRF) has a market capitalisation of Rs 73,632 crore. In FY26 it reported revenue of Rs 15,894 crore and net profit of Rs 1,835 crore. The table collects the figures the SRF 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\/srf\/srf-ltd-share-price-today\">SRF<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>SRF<\/td>\n<\/tr>\n<tr>\n<td>CMP (6 November 2026)<\/td>\n<td>Rs 2,458.00<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 3,143.00<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 2,178.30<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 73,632 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>32.26<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>33.07<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>4.81<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>14.92%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.35<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 77.01<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.36%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 2,912<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 3,520<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 1,988<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_SRF_Share_Price_Target_Set_at_Rs_2912_for_2027\"><\/span><strong>Why Is SRF Share Price Target Set at Rs 2,912 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The arithmetic is short. Trailing EPS of Rs 77.01 grown for one year gives a forward EPS estimate of Rs 90.27, and multiplying it by the unchanged PE of 32.26 gives the Rs 2,912 base-case SRF stock target. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Growth_Behind_the_SRF_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the SRF Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>SRF grew revenue from Rs 12,549 crore in FY22 to Rs 15,894 crore in FY26, a compound annual growth rate of 6.1%. Net profit grew more slowly, from Rs 1,889 crore to Rs 1,835 crore (-0.7% 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>12,549.17<\/td>\n<td>1,888.92<\/td>\n<td>63.75<\/td>\n<td>16.75<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>14,945.18<\/td>\n<td>2,162.34<\/td>\n<td>72.95<\/td>\n<td>7.20<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>13,221.54<\/td>\n<td>1,335.71<\/td>\n<td>45.06<\/td>\n<td>7.20<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>14,825.79<\/td>\n<td>1,250.78<\/td>\n<td>42.20<\/td>\n<td>7.20<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>15,893.57<\/td>\n<td>1,835.18<\/td>\n<td>61.91<\/td>\n<td>9.00<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 7.2%, close to the four-year average of 6.1%, and net profit moved up 46.7%. EPS rose from Rs 45.06 in FY24 to Rs 61.91 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>SRF converted 11.5% of FY26 revenue into net profit, against 8.4% in FY25, within a five-year range of 8.4% to 15.1%. EBITDA margin was 21.6% in FY26 versus 19.2% in FY25.<\/p>\n<p>In the September 2026 quarter, revenue was Rs 4,929 crore, up 34.5% from the same quarter a year earlier, while net profit of Rs 509.12 crore was up 31.2%. EBITDA came in at Rs 970.82 crore, up 21.4% 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 0.35, and shareholders&#8217; equity grew from Rs 8,565 crore in FY22 to Rs 14,043 crore in FY26. Operating cash flow in FY26 was Rs 2,554 crore against capital expenditure of Rs 1,815 crore, leaving free cash flow of Rs 738.25 crore, or 1.0% of the current market capitalisation. In FY25 free cash flow was Rs 1,256 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_SRF_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the SRF Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 32.26 against an industry PE of 33.07, SRF trades in line with its industry. Price to book is 4.81 on a book value of Rs 516.26 per share, and return on equity is 14.92%. A PE of 32.26 equals an earnings yield of 3.1%, and the FY26 dividend of Rs 9.00 per share gives a yield of 0.36%.<\/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 50.26% of SRF in September 2026, and promoter holding has stayed near 50.26% since September 2025. Foreign institutional investors (FII) held 15.20% and domestic institutions (DII) held 22.51%, which puts total institutional holding at 37.71%. FII holding fell from 17.98% in September 2025 to 15.20% in September 2026. Public shareholders own the remaining 12.03%. A meaningful institutional holding adds a layer of research coverage and trading depth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"SRF_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>SRF 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_SRF_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term SRF Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 2,458.00 on 6 November 2026, SRF trades below its 50-day simple moving average of Rs 2,480.28 and below its 200-day exponential moving average of Rs 2,623.35. The 14-day RSI reads 48.6, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 2,480.28 (50-day simple moving average) and the nearest support is Rs 2,178.30 (52-week low). A sustained move above Rs 2,480.28 would improve the short-term setup, while a close below Rs 2,178.30 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_SRF_Target_Price_for_2027\"><\/span><strong>12 Month SRF Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target of Rs 2,912 means a move of 18.5% up from Rs 2,458.00 over the next 12 months. It would still leave the stock 7.3% below its 52-week high of Rs 3,143.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_SRF_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the SRF 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 25.81<\/th>\n<th>PE 32.26<\/th>\n<th>PE 37.10<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 77.01)<\/td>\n<td>Rs 1,988<\/td>\n<td>Rs 2,484<\/td>\n<td>Rs 2,857<\/td>\n<\/tr>\n<tr>\n<td>17.2% (EPS Rs 90.27)<\/td>\n<td>Rs 2,330<\/td>\n<td>Rs 2,912<\/td>\n<td>Rs 3,349<\/td>\n<\/tr>\n<tr>\n<td>23.2% (EPS Rs 94.89)<\/td>\n<td>Rs 2,449<\/td>\n<td>Rs 3,061<\/td>\n<td>Rs 3,520<\/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 SRF 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_SRF_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for SRF Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_3520\"><\/span><strong>Bull Case Rs 3,520<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case SRF price target needs EPS growth of 23.2%, which lifts forward EPS to Rs 94.89, and a PE multiple that rises 15% to 37.10. That gives Rs 3,520, 43.2% above the current price and above the 52-week high of Rs 3,143.00, 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_1988\"><\/span><strong>Downside Risk Level Rs 1,988<\/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 77.01 and the PE falls 20% to 25.81. That gives Rs 1,988, 19.1% below the current price and below the 52-week low of Rs 2,178.30.<\/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>23.2%<\/td>\n<td>37.10<\/td>\n<td>Rs 3,520<\/td>\n<td>+43.2%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>17.2%<\/td>\n<td>32.26<\/td>\n<td>Rs 2,912<\/td>\n<td>+18.5%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>25.81<\/td>\n<td>Rs 1,988<\/td>\n<td>-19.1%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_SRF_Target_Price_for_2027\"><\/span><strong>Key Risks to the SRF 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_SRF_Price_Target\"><\/span><strong>Growth Slowdown Risk for the SRF Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the September 2026 quarter was up 34.5% year on year, and FY26 revenue growth was 7.2%. If growth slows from here, the EPS estimate behind the SRF 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>SRF has a market capitalisation of Rs 73,632 crore. Institutional holding is 37.71%, and promoters hold 50.26%. A company of this size trades with deep liquidity, so entry and exit are rarely a problem, and the larger risk is paying too much for slow earnings growth.<\/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 11.5% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 32.26 versus an industry PE of 33.07, a de-rating toward the downside-risk PE of 25.81 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>Technical indicators add short-term risk: the 14-day RSI is 48.6 and the MACD sits above its signal line. A broad fall in the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> or the <a href=\"https:\/\/univest.in\/indices\/sensex\/sensex-share-price-today\">Sensex<\/a> can override company fundamentals for weeks at a time.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_SRF\"><\/span><strong>How to Invest in SRF<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any SRF share price target is only as current as the data behind it, and the data here is as of 6 November 2026, so refresh the Rs 2,458.00 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check SRF&#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 SRF fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three SRF target price scenarios with your own view. If you expect EPS growth below 17.2%, 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 SRF 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 SRF share price target for 2027 is Rs 2,912 in the base case, with Rs 3,520 as the bull case. The support for that view is arithmetic you can check: EPS grew 17.2% a year over FY24 to FY26, and the stock trades at a PE of 32.26. The risks are equally concrete, including a valuation that can de-rate even when earnings hold and a downside scenario that cuts the price 19% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.<\/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_SRF_Share_Price_Target_2027\"><\/span><strong>FAQs on SRF Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_SRF_share_price_target_for_2027\"><\/span><strong>What is the SRF share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case SRF share price target for 2027 is Rs 2,912, which is 18.5% above the price of Rs 2,458.00 on 6 November 2026. The bull case is Rs 3,520 and the downside risk level, which is not a target, is Rs 1,988. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_SRF_share_price_today\"><\/span><strong>What is the SRF share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 6 November 2026, 9:49 AM IST, SRF (NSE: SRF) trades at Rs 2,458.00, down 1.09% on the day. That is 21.8% below the 52-week high of Rs 3,143.00 and 12.8% above the 52-week low of Rs 2,178.30. The market capitalisation of Rs 73,632 crore places it among large-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_SRF_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is SRF a buy or sell at the current price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data points both ways. On the positive side, EPS has grown 17.2% a year over FY24 to FY26 and the base case implies 18.5% upside; on the cautious side, the valuation can de-rate even when earnings hold, and the downside risk level of Rs 1,988 is 19% below the current price. Whether SRF fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_bull_case_target_and_downside_risk_level_for_SRF_shares\"><\/span><strong>What are the bull case target and downside risk level for SRF shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case in the SRF share price target for 2027 is Rs 3,520, which assumes 23.2% EPS growth and a PE of 37.10, a 15% re-rating from today&#8217;s multiple. That is 43.2% above the current price and above the 52-week high of Rs 3,143.00, so the stock would have to set a fresh 52-week high. The downside risk level is Rs 1,988, which assumes flat EPS and a PE of 25.81, 20% lower than today. It sits 19.1% below the current price and below the 52-week low of Rs 2,178.30, and it marks a risk to watch, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_SRF_price_target\"><\/span><strong>What are the main risks to the SRF price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Four risks matter most for the SRF share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. The market capitalisation of Rs 73,632 crore means liquidity is deep, so the bigger risk is paying a full price for slow earnings growth. A fall to the downside-risk PE of 25.81 would cut the price even if earnings hold.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_SRF_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of SRF 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 SRF is 32.26, against an industry PE of 33.07, which is a level close to the industry. Price to book is 4.81 and return on equity is 14.92%, and the PE equals an earnings yield of 3.1%. The base case holds the PE unchanged, so the SRF share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_SRF_and_what_is_the_promoter_holding\"><\/span><strong>Who owns SRF, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 50.26% of SRF in September 2026. FII held 15.20%, DII held 22.51% and the public held 12.03%. Together the two institutional groups hold 37.71%. Shareholding is filed every quarter, so it is worth rechecking after each result.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_SRFs_latest_quarterly_results\"><\/span><strong>What were SRF&#8217;s latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the September 2026 quarter, SRF reported revenue of Rs 4,929 crore (up 34.5% year on year) and net profit of Rs 509.12 crore (up 31.2%). For comparison, FY26 full-year revenue growth was 7.2% and net profit moved up 46.7%. Each new quarter either supports or weakens the EPS growth of 17.2% assumed in the base case.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the SRF share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case SRF share price target for 2027 is Rs 2,912, which is 18.5% above the price of Rs 2,458.00 on 6 November 2026. The bull case is Rs 3,520 and the downside risk level, which is not a target, is Rs 1,988. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.\"}},{\"@type\":\"Question\",\"name\":\"What is the SRF share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of 6 November 2026, 9:49 AM IST, SRF (NSE: SRF) trades at Rs 2,458.00, down 1.09% on the day. That is 21.8% below the 52-week high of Rs 3,143.00 and 12.8% above the 52-week low of Rs 2,178.30. The market capitalisation of Rs 73,632 crore places it among large-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.\"}},{\"@type\":\"Question\",\"name\":\"Is SRF a buy or sell at the current price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The data points both ways. On the positive side, EPS has grown 17.2% a year over FY24 to FY26 and the base case implies 18.5% upside; on the cautious side, the valuation can de-rate even when earnings hold, and the downside risk level of Rs 1,988 is 19% below the current price. Whether SRF fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.\"}},{\"@type\":\"Question\",\"name\":\"What are the bull case target and downside risk level for SRF shares?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The bull case in the SRF share price target for 2027 is Rs 3,520, which assumes 23.2% EPS growth and a PE of 37.10, a 15% re-rating from today's multiple. That is 43.2% above the current price and above the 52-week high of Rs 3,143.00, so the stock would have to set a fresh 52-week high. The downside risk level is Rs 1,988, which assumes flat EPS and a PE of 25.81, 20% lower than today. It sits 19.1% below the current price and below the 52-week low of Rs 2,178.30, and it marks a risk to watch, not a target.\"}},{\"@type\":\"Question\",\"name\":\"What are the main risks to the SRF price target?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Four risks matter most for the SRF share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. The market capitalisation of Rs 73,632 crore means liquidity is deep, so the bigger risk is paying a full price for slow earnings growth. A fall to the downside-risk PE of 25.81 would cut the price even if earnings hold.\"}},{\"@type\":\"Question\",\"name\":\"What is the PE ratio of SRF and how does it compare with the industry?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The PE ratio of SRF is 32.26, against an industry PE of 33.07, which is a level close to the industry. 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Each new quarter either supports or weakens the EPS growth of 17.2% assumed in the base case.\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SRF share price target 2027: base Rs 2,912, bull Rs 3,520, downside risk level Rs 1,988, built from reported earnings, valuation and shareholding data.<\/p>\n","protected":false},"author":35,"featured_media":341988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1019],"class_list":["post-341989","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":["341988"],"rank_math_title":["SRF Share Price Target 2027: 18.5% Upside, Bull Rs 3,520"],"rank_math_description":["The SRF share price target for 2027 is Rs 2,912 against a price of Rs 2,458.00. See the bull case, downside risk, earnings trend, valuation and key risks. 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