ADF Foods Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

Investors weighing an ADF Foods target price for 2027 should start with where the stock sits today. At Rs 288.95 on 9 October 2026, it is 16.7% below its 52-week high of Rs 346.95 and 88.7% above its 52-week low of Rs 153.10. That range spans 127% from low to high, so the entry point matters as much as the ADF Foods price forecast itself.

This article builds the ADF Foods share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 317 base case and the Rs 384 bull case were reached, along with a downside risk level of Rs 232.

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ADF Foods Stock Analysis: Company Overview and Key Stats

ADF Foods (NSE: ADFFOODS) has a market capitalisation of Rs 3,183 crore. In FY26 it reported revenue of Rs 703.33 crore and net profit of Rs 89.92 crore. The table collects the figures the ADF Foods share price target is built on.

Metric	Value
Company	ADF Foods
NSE Ticker	ADFFOODS
CMP (9 October 2026)	Rs 288.95
52-Week High	Rs 346.95
52-Week Low	Rs 153.10
Market Cap	Rs 3,183 crore
PE Ratio (TTM)	34.61
Industry PE	34.85
Price to Book	5.57
Return on Equity	15.72%
Debt to Equity	0.02
EPS (TTM)	Rs 8.37
Dividend Yield	0.42%
12-Month Base Target	Rs 317
Bull Case	Rs 384
Downside Risk Level (not a target)	Rs 232

Why Is ADF Foods Share Price Target Set at Rs 317 for 2027?

The base-case ADF Foods stock target of Rs 317 applies a PE multiple of 34.61 to a forward EPS estimate of Rs 9.15. That EPS assumes 9.3% yearly growth, the pace from FY24 to FY26, and puts the target 9.7% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.

Earnings Growth Behind the ADF Foods Target Price: Five Years of Results

ADF Foods grew revenue from Rs 430.66 crore in FY22 to Rs 703.33 crore in FY26, a compound annual growth rate of 13.0%. Net profit grew faster, from Rs 48.52 crore to Rs 89.92 crore (16.7% a year), which shows margin gains did part of the work and not just higher sales.

Financial Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Dividend per Share (Rs)
FY22	430.66	48.52	23.33	4.00
FY23	461.50	55.85	5.12	5.00
FY24	531.42	73.79	6.85	5.20
FY25	603.64	69.26	6.30	1.20
FY26	703.33	89.92	8.19	1.20

FY26 revenue growth was 16.5%, faster than the four-year average of 13.0%, and net profit moved up 29.8%. EPS rose from Rs 6.85 in FY24 to Rs 8.19 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

ADF Foods converted 12.8% of FY26 revenue into net profit, against 11.5% in FY25, within a five-year range of 11.3% to 13.9%. EBITDA margin was 20.5% in FY26 versus 18.6% in FY25.

In the June 2026 quarter, revenue was Rs 168.39 crore, up 23.9% from the same quarter a year earlier, while net profit of Rs 17.29 crore was up 13.5%. EBITDA came in at Rs 30.75 crore, up 15.7% year on year. The next quarterly result is the first test of whether the earnings assumption holds.

Balance Sheet and Cash Flow

Debt to equity stands at 0.02, and shareholders' equity grew from Rs 345.59 crore in FY22 to Rs 571.93 crore in FY26. Operating cash flow in FY26 was Rs 57.59 crore against capital expenditure of Rs 82.79 crore, leaving negative free cash flow of Rs 25.20 crore. In FY25 free cash flow was negative at Rs 3.82 crore.

Valuation Check for the ADF Foods Stock Target: PE, Price to Book and ROE

At a PE of 34.61 against an industry PE of 34.85, ADF Foods trades in line with its industry. Price to book is 5.57 on a book value of Rs 52.02 per share, and return on equity is 15.72%. A PE of 34.61 equals an earnings yield of 2.9%, and the FY26 dividend of Rs 1.20 per share gives a yield of 0.42%.

Shareholding Pattern and Institutional Holding

Promoters held 36.13% of ADF Foods in June 2026, and promoter holding has stayed near 36.13% since June 2025. Foreign institutional investors (FII) held 11.60% and domestic institutions (DII) held 21.30%, which puts total institutional holding at 32.90%. FII holding rose from 11.29% in June 2025 to 11.60% in June 2026. Public shareholders own the remaining 30.97%. A meaningful institutional holding adds a layer of research coverage and trading depth.

ADF Foods Share Price Targets for the Short Term and 12 Months

Short Term ADF Foods Stock Target Levels: Technical Setup

At Rs 288.95 on 9 October 2026, ADF Foods trades above its 50-day simple moving average of Rs 270.45 and above its 200-day exponential moving average of Rs 259.32. The 14-day RSI reads 73.8, which is overbought territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 346.95 (52-week high) and the nearest support is Rs 270.45 (50-day simple moving average). A sustained move above Rs 346.95 would improve the short-term setup, while a close below Rs 270.45 would shift attention to the next support.

12 Month ADF Foods Target Price for 2027

The 12-month target for ADF Foods is Rs 317: forward EPS of Rs 9.15 at a PE of 34.61. That is 9.7% above Rs 288.95. It would still leave the stock 8.6% below its 52-week high of Rs 346.95.

How EPS Growth and PE Multiple Change the ADF Foods Target Price

EPS Growth	PE 27.69	PE 34.61	PE 39.80
0.0% (EPS Rs 8.37)	Rs 232	Rs 290	Rs 333
9.3% (EPS Rs 9.15)	Rs 253	Rs 317	Rs 364
15.3% (EPS Rs 9.65)	Rs 267	Rs 334	Rs 384

Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the ADF Foods price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.

Bull Case and Downside Risk for ADF Foods Stock Target in 2027

Bull Case Rs 384

The bull case ADF Foods price target needs EPS growth of 15.3%, which lifts forward EPS to Rs 9.65, and a PE multiple that rises 15% to 39.80. That gives Rs 384, 32.9% above the current price and above the 52-week high of Rs 346.95, so the stock would have to set a fresh 52-week high.

Downside Risk Level Rs 232

The downside risk level is not a target. It assumes EPS stays flat at Rs 8.37 and the PE falls 20% to 27.69. That gives Rs 232, 19.7% below the current price and above the 52-week low of Rs 153.10.

Scenario	EPS Growth	PE Multiple	Price (Rs)	Change vs CMP
Bull Case	15.3%	39.80	Rs 384	+32.9%
Base Case	9.3%	34.61	Rs 317	+9.7%
Downside Risk	0.0%	27.69	Rs 232	-19.7%

Key Risks to the ADF Foods Target Price for 2027

Growth Slowdown Risk for the ADF Foods Price Target

Revenue in the June 2026 quarter was up 23.9% year on year, and FY26 revenue growth was 16.5%. If growth slows from here, the EPS estimate behind the ADF Foods stock target will need revising.

Liquidity and Size Risk

ADF Foods has a market capitalisation of Rs 3,183 crore. Institutional holding is 32.90%, and promoters hold 36.13%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.

Valuation and Margin Risk

Net margin was 12.8% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 34.61 versus an industry PE of 34.85, a de-rating toward the downside-risk PE of 27.69 would cut the price even if earnings hold.

Market and Technical Risk

The stock trades 16.7% below its 52-week high, with an RSI of 73.8 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term.

How to Invest in ADF Foods

Start with the live price and volume. Any ADF Foods share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 288.95 price before acting on any level.

Next, review the fundamentals yourself. The Univest Screener lets you check ADF Foods' PE, ROE, debt and shareholding in one place.

Check ADF Foods fundamentals on the Univest Screener

Then compare the three ADF Foods target price scenarios with your own view. If you expect EPS growth below 9.3%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.

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.

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.

Download the Univest iOS App or Univest Android App to track ADF Foods live price and get daily stock recommendations.

Conclusion

The ADF Foods share price target for 2027 is Rs 317 in the base case, with Rs 384 as the bull case. The support for that view is arithmetic you can check: EPS grew 9.3% a year over FY24 to FY26, and the stock trades at a PE of 34.61. The risks are equally concrete, including a stock that sits 16.7% below its 52-week high and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.

FAQs on ADF Foods Share Price Target 2027

What is the ADF Foods share price target for 2027?

Ans. The base-case ADF Foods share price target for 2027 is Rs 317, with Rs 384 as the bull case. The downside risk level, which is not a target, is Rs 232. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.

What is the ADF Foods share price today?

Ans. As of 9 October 2026, 12:52 PM IST, ADF Foods trades at Rs 288.95, up 0.23% on the day. The 52-week range is Rs 153.10 to Rs 346.95.

Is ADF Foods a buy or sell at the current price?

Ans. The data is mixed rather than one-sided: EPS has grown 9.3% a year over FY24 to FY26, but the stock is 16.7% below its 52-week high. Whether ADF Foods fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.

What are the bull case target and downside risk level for ADF Foods shares?

Ans. The bull case target is Rs 384, which assumes 15.3% EPS growth and a PE of 39.80. The downside risk level is Rs 232, which assumes flat EPS and a PE of 27.69. It marks a risk, not a target.

What are the main risks to the ADF Foods price target?

Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 3,183 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.

What is the PE ratio of ADF Foods and how does it compare with the industry?

Ans. The PE ratio of ADF Foods is 34.61 against an industry PE of 34.85. Price to book is 5.57 and return on equity is 15.72%. The base case in the ADF Foods price target holds this PE constant.

Who owns ADF Foods, and what is the promoter holding?

Ans. Promoters held 36.13% of ADF Foods in June 2026. FII held 11.60%, DII held 21.30% and the public held 30.97%.

What were ADF Foods' latest quarterly results?

Ans. In the June 2026 quarter, ADF Foods reported revenue of Rs 168.39 crore (up 23.9% year on year) and net profit of Rs 17.29 crore (up 13.5%).