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DCM Shriram Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

DCM Shriram share price Rs 958.35 (9 October 2026). Base target Rs 1,148, bull Rs 1,375, downside risk Rs 765. PE 10.39. 52W range Rs 886.30 to Rs 1,409.00.


9 Oct 2026 • 5:13 pm

DCM Shriram Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

Quick Answer

The DCM Shriram share price target for 2027 is Rs 1,148, about 19.8% above the current price of Rs 958.35. The bull case is Rs 1,375, and the downside risk level, which is not a target, is Rs 765. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 38.2%, with the stock holding its PE of 10.39. These are model-based estimates built from reported financials, not guaranteed outcomes.

Investors weighing a DCM Shriram target price for 2027 should start with where the stock sits today. At Rs 958.35 on 9 October 2026, it is 32.0% below its 52-week high of Rs 1,409.00 and 8.1% above its 52-week low of Rs 886.30. That range spans 59% from low to high, so the entry point matters as much as the DCM Shriram price forecast itself.

This article builds the DCM Shriram 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 1,148 base case and the Rs 1,375 bull case were reached, along with a downside risk level of Rs 765.

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DCM Shriram Stock Analysis: Company Overview and Key Stats

DCM Shriram (NSE: DCMSHRIRAM) has a market capitalisation of Rs 14,918 crore. In FY26 it reported revenue of Rs 13,734 crore and net profit of Rs 855.98 crore. The table collects the figures the DCM Shriram share price target is built on.

Metric Value
Company DCM Shriram
NSE Ticker DCMSHRIRAM
CMP (9 October 2026) Rs 958.35
52-Week High Rs 1,409.00
52-Week Low Rs 886.30
Market Cap Rs 14,918 crore
PE Ratio (TTM) 10.39
Industry PE 14.76
Price to Book 1.93
Return on Equity 11.07%
Debt to Equity 0.38
EPS (TTM) Rs 92.06
Dividend Yield 1.18%
12-Month Base Target Rs 1,148
Bull Case Rs 1,375
Downside Risk Level (not a target) Rs 765

Why Is DCM Shriram Share Price Target Set at Rs 1,148 for 2027?

The base-case DCM Shriram stock target of Rs 1,148 applies a PE multiple of 10.39 to a forward EPS estimate of Rs 110.47. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 19.8% 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 DCM Shriram Target Price: Five Years of Results

DCM Shriram grew revenue from Rs 9,719 crore in FY22 to Rs 13,734 crore in FY26, a compound annual growth rate of 9.0%. Net profit grew more slowly, from Rs 1,066 crore to Rs 855.98 crore (-5.3% a year), which points to margin pressure alongside the sales growth.

Financial Year Revenue (Rs Cr) Net Profit (Rs Cr) EPS (Rs) Dividend per Share (Rs)
FY22 9,719.33 1,066.13 68.45 14.70
FY23 11,666.66 910.84 58.41 14.00
FY24 11,021.02 447.10 28.67 6.60
FY25 12,219.49 604.27 38.75 9.00
FY26 13,734.48 855.98 54.73 11.20

FY26 revenue growth was 12.4%, faster than the four-year average of 9.0%, and net profit moved up 41.7%. EPS rose from Rs 28.67 in FY24 to Rs 54.73 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

DCM Shriram converted 6.2% of FY26 revenue into net profit, against 4.9% in FY25, within a five-year range of 4.1% to 11.0%. EBITDA margin was 12.2% in FY26 versus 12.0% in FY25.

In the June 2026 quarter, revenue was Rs 3,812 crore, up 9.6% from the same quarter a year earlier, while net profit of Rs 692.17 crore was up 508.1%. EBITDA came in at Rs 364.18 crore, up 11.8% 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 0.38, and shareholders' equity grew from Rs 5,502 crore in FY22 to Rs 7,733 crore in FY26. Operating cash flow in FY26 was Rs 1,234 crore against capital expenditure of Rs 887.31 crore, leaving free cash flow of Rs 346.49 crore, or 2.3% of the current market capitalisation. In FY25 free cash flow was Rs 268.18 crore.

Valuation Check for the DCM Shriram Stock Target: PE, Price to Book and ROE

At a PE of 10.39 against an industry PE of 14.76, DCM Shriram trades at a discount to its industry. Price to book is 1.93 on a book value of Rs 494.74 per share, and return on equity is 11.07%. A PE of 10.39 equals an earnings yield of 9.6%, and the FY26 dividend of Rs 11.20 per share gives a yield of 1.18%.

Shareholding Pattern and Institutional Holding

Promoters held 66.52% of DCM Shriram in June 2026, and promoter holding has stayed near 66.52% since June 2025. Foreign institutional investors (FII) held 3.89% and domestic institutions (DII) held 8.46%, which puts total institutional holding at 12.35%. FII holding fell from 4.13% in June 2025 to 3.89% in June 2026. Public shareholders own the remaining 21.13%.

DCM Shriram Share Price Targets for the Short Term and 12 Months

Short Term DCM Shriram Stock Target Levels: Technical Setup

At Rs 958.35 on 9 October 2026, DCM Shriram trades below its 50-day simple moving average of Rs 1,006.07 and below its 200-day exponential moving average of Rs 1,070.48. The 14-day RSI reads 44.4, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 1,006.07 (50-day simple moving average) and the nearest support is Rs 886.30 (52-week low). A sustained move above Rs 1,006.07 would improve the short-term setup, while a close below Rs 886.30 would shift attention to the next support.

12 Month DCM Shriram Target Price for 2027

The 12-month target for DCM Shriram is Rs 1,148: forward EPS of Rs 110.47 at a PE of 10.39. That is 19.8% above Rs 958.35. It would still leave the stock 18.5% below its 52-week high of Rs 1,409.00.

How EPS Growth and PE Multiple Change the DCM Shriram Target Price

EPS Growth PE 8.31 PE 10.39 PE 11.95
0.0% (EPS Rs 92.06) Rs 765 Rs 957 Rs 1,100
20.0% (EPS Rs 110.47) Rs 918 Rs 1,148 Rs 1,320
25.0% (EPS Rs 115.08) Rs 956 Rs 1,196 Rs 1,375

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 DCM Shriram price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.

Bull Case and Downside Risk for DCM Shriram Stock Target in 2027

Bull Case Rs 1,375

The bull case DCM Shriram price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 115.08, and a PE multiple that rises 15% to 11.95. That gives Rs 1,375, 43.5% above the current price and below the 52-week high of Rs 1,409.00.

Downside Risk Level Rs 765

The downside risk level is not a target. It assumes EPS stays flat at Rs 92.06 and the PE falls 20% to 8.31. That gives Rs 765, 20.2% below the current price and below the 52-week low of Rs 886.30.

Scenario EPS Growth PE Multiple Price (Rs) Change vs CMP
Bull Case 25.0% 11.95 Rs 1,375 +43.5%
Base Case 20.0% 10.39 Rs 1,148 +19.8%
Downside Risk 0.0% 8.31 Rs 765 -20.2%

Key Risks to the DCM Shriram Target Price for 2027

Growth Slowdown Risk for the DCM Shriram Price Target

Revenue in the June 2026 quarter was up 9.6% year on year, and FY26 revenue growth was 12.4%. If growth slows from here, the EPS estimate behind the DCM Shriram stock target will need revising.

Liquidity and Size Risk

DCM Shriram has a market capitalisation of Rs 14,918 crore. Institutional holding is 12.35%, and promoters hold 66.52%. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.

Valuation and Margin Risk

Net margin was 6.2% in FY26, so a small slip in costs moves profit noticeably. At a PE of 10.39 versus an industry PE of 14.76, a de-rating toward the downside-risk PE of 8.31 would cut the price even if earnings hold.

Market and Technical Risk

The stock trades 32.0% below its 52-week high, with an RSI of 44.4 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term.

How to Invest in DCM Shriram

Start with the live price and volume. Any DCM Shriram 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 958.35 price before acting on any level.

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

Check DCM Shriram fundamentals on the Univest Screener

Then compare the three DCM Shriram 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.

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 DCM Shriram live price and get daily stock recommendations.

Conclusion

The DCM Shriram share price target for 2027 is Rs 1,148 in the base case, with Rs 1,375 as the bull case. The support for that view is arithmetic you can check: EPS grew 38.2% a year over FY24 to FY26, and the stock trades at a PE of 10.39. The risks are equally concrete, including a stock that sits 32.0% 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.

Disclaimer: 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).

FAQs on DCM Shriram Share Price Target 2027

What is the DCM Shriram share price target for 2027?

Ans. The base-case DCM Shriram share price target for 2027 is Rs 1,148, with Rs 1,375 as the bull case. The downside risk level, which is not a target, is Rs 765. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.

What is the DCM Shriram share price today?

Ans. As of 9 October 2026, 12:52 PM IST, DCM Shriram trades at Rs 958.35, up 0.27% on the day. The 52-week range is Rs 886.30 to Rs 1,409.00.

Is DCM Shriram a buy or sell at the current price?

Ans. The data is mixed rather than one-sided: EPS has grown 38.2% a year over FY24 to FY26, but the stock is 32.0% below its 52-week high. Whether DCM Shriram 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 DCM Shriram shares?

Ans. The bull case target is Rs 1,375, which assumes 25.0% EPS growth and a PE of 11.95. The downside risk level is Rs 765, which assumes flat EPS and a PE of 8.31. It marks a risk, not a target.

What are the main risks to the DCM Shriram price target?

Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 14,918 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 DCM Shriram and how does it compare with the industry?

Ans. The PE ratio of DCM Shriram is 10.39 against an industry PE of 14.76. Price to book is 1.93 and return on equity is 11.07%. The base case in the DCM Shriram price target holds this PE constant.

Who owns DCM Shriram, and what is the promoter holding?

Ans. Promoters held 66.52% of DCM Shriram in June 2026. FII held 3.89%, DII held 8.46% and the public held 21.13%.

What were DCM Shriram's latest quarterly results?

Ans. In the June 2026 quarter, DCM Shriram reported revenue of Rs 3,812 crore (up 9.6% year on year) and net profit of Rs 692.17 crore (up 508.1%).

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