Engineers India Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

Investors weighing an Engineers India target price for 2027 should start with where the stock sits today. At Rs 288.70 on 9 October 2026, it is 10.2% below its 52-week high of Rs 321.40 and 76.5% above its 52-week low of Rs 163.55. That range spans 97% from low to high, so the entry point matters as much as the Engineers India price forecast itself.

This article builds the Engineers India 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 347 base case and the Rs 416 bull case were reached, along with a downside risk level of Rs 232.

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Engineers India Stock Analysis: Company Overview and Key Stats

Engineers India (NSE: ENGINERSIN) has a market capitalisation of Rs 16,268 crore. In FY26 it reported revenue of Rs 4,123 crore and net profit of Rs 691.59 crore. The table collects the figures the Engineers India share price target is built on.

Metric	Value
Company	Engineers India
NSE Ticker	ENGINERSIN
CMP (9 October 2026)	Rs 288.70
52-Week High	Rs 321.40
52-Week Low	Rs 163.55
Market Cap	Rs 16,268 crore
PE Ratio (TTM)	20.75
Industry PE	23.12
Price to Book	5.17
Return on Equity	21.98%
Debt to Equity	0.01
EPS (TTM)	Rs 13.95
Dividend Yield	1.73%
12-Month Base Target	Rs 347
Bull Case	Rs 416
Downside Risk Level (not a target)	Rs 232

Why Is Engineers India Share Price Target Set at Rs 347 for 2027?

The base-case Engineers India stock target of Rs 347 applies a PE multiple of 20.75 to a forward EPS estimate of Rs 16.74. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 20.2% 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 Engineers India Target Price: Five Years of Results

Engineers India grew revenue from Rs 3,043 crore in FY22 to Rs 4,123 crore in FY26, a compound annual growth rate of 7.9%. Net profit grew faster, from Rs 342.89 crore to Rs 691.59 crore (19.2% 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	3,042.72	342.89	2.48	3.00
FY23	3,494.56	344.23	6.16	3.00
FY24	3,500.02	360.16	7.92	3.00
FY25	3,247.84	579.77	10.32	4.00
FY26	4,123.24	691.59	12.30	5.00

FY26 revenue growth was 27.0%, faster than the four-year average of 7.9%, and net profit moved up 19.3%. EPS rose from Rs 7.92 in FY24 to Rs 12.30 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

Engineers India converted 16.8% of FY26 revenue into net profit, against 17.9% in FY25, within a five-year range of 9.9% to 17.9%. EBITDA margin was 22.8% in FY26 versus 24.0% in FY25.

In the June 2026 quarter, revenue was Rs 858.02 crore, down 5.4% from the same quarter a year earlier, while net profit of Rs 157.94 crore was up 117.0%. EBITDA came in at Rs 164.62 crore, up 51.8% 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 0.01, and shareholders' equity grew from Rs 1,770 crore in FY22 to Rs 3,146 crore in FY26. Operating cash flow in FY26 was Rs 319.02 crore against capital expenditure of Rs 68.95 crore, leaving free cash flow of Rs 250.07 crore, or 1.5% of the current market capitalisation. In FY25 free cash flow was Rs 75.11 crore.

Valuation Check for the Engineers India Stock Target: PE, Price to Book and ROE

At a PE of 20.75 against an industry PE of 23.12, Engineers India trades at a discount to its industry. Price to book is 5.17 on a book value of Rs 55.97 per share, and return on equity is 21.98%. A PE of 20.75 equals an earnings yield of 4.8%, and the FY26 dividend of Rs 5.00 per share gives a yield of 1.73%.

Shareholding Pattern and Institutional Holding

Promoters held 51.32% of Engineers India in June 2026, and promoter holding has stayed near 51.32% since June 2025. Foreign institutional investors (FII) held 9.17% and domestic institutions (DII) held 14.22%, which puts total institutional holding at 23.39%. FII holding rose from 7.13% in June 2025 to 9.17% in June 2026. Public shareholders own the remaining 25.29%. A meaningful institutional holding adds a layer of research coverage and trading depth.

Engineers India Share Price Targets for the Short Term and 12 Months

Short Term Engineers India Stock Target Levels: Technical Setup

At Rs 288.70 on 9 October 2026, Engineers India trades above its 50-day simple moving average of Rs 267.15 and above its 200-day exponential moving average of Rs 239.43. The 14-day RSI reads 59.9, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 321.40 (52-week high) and the nearest support is Rs 267.15 (50-day simple moving average). A sustained move above Rs 321.40 would improve the short-term setup, while a close below Rs 267.15 would shift attention to the next support.

12 Month Engineers India Target Price for 2027

The 12-month target for Engineers India is Rs 347: forward EPS of Rs 16.74 at a PE of 20.75. That is 20.2% above Rs 288.70. It would also push the stock above its 52-week high of Rs 321.40.

How EPS Growth and PE Multiple Change the Engineers India Target Price

EPS Growth	PE 16.60	PE 20.75	PE 23.86
0.0% (EPS Rs 13.95)	Rs 232	Rs 289	Rs 333
20.0% (EPS Rs 16.74)	Rs 278	Rs 347	Rs 399
25.0% (EPS Rs 17.44)	Rs 290	Rs 362	Rs 416

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

Bull Case and Downside Risk for Engineers India Stock Target in 2027

Bull Case Rs 416

The bull case Engineers India price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 17.44, and a PE multiple that rises 15% to 23.86. That gives Rs 416, 44.1% above the current price and above the 52-week high of Rs 321.40, 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 13.95 and the PE falls 20% to 16.60. That gives Rs 232, 19.6% below the current price and above the 52-week low of Rs 163.55.

Scenario	EPS Growth	PE Multiple	Price (Rs)	Change vs CMP
Bull Case	25.0%	23.86	Rs 416	+44.1%
Base Case	20.0%	20.75	Rs 347	+20.2%
Downside Risk	0.0%	16.60	Rs 232	-19.6%

Key Risks to the Engineers India Target Price for 2027

Growth Slowdown Risk for the Engineers India Price Target

Revenue in the June 2026 quarter was down 5.4% year on year, and FY26 revenue growth was 27.0%. A fall in sales would make the EPS growth behind the Engineers India stock target harder to reach.

Liquidity and Size Risk

Engineers India has a market capitalisation of Rs 16,268 crore. Institutional holding is 23.39%, and promoters hold 51.32%. 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 16.8% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 20.75 versus an industry PE of 23.12, a de-rating toward the downside-risk PE of 16.60 would cut the price even if earnings hold.

Market and Technical Risk

The stock trades 10.2% below its 52-week high, with an RSI of 59.9 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.

How to Invest in Engineers India

Start with the live price and volume. Any Engineers India 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 288.70 price before acting on any level.

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

Check Engineers India fundamentals on the Univest Screener

Then compare the three Engineers India 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 Engineers India live price and get daily stock recommendations.

Conclusion

The Engineers India share price target for 2027 is Rs 347 in the base case, with Rs 416 as the bull case. The support for that view is arithmetic you can check: EPS grew 24.6% a year over FY24 to FY26, and the stock trades at a PE of 20.75. The risks are equally concrete, including a stock that sits 10.2% 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 Engineers India Share Price Target 2027

What is the Engineers India share price target for 2027?

Ans. The base-case Engineers India share price target for 2027 is Rs 347, with Rs 416 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 Engineers India share price today?

Ans. As of 9 October 2026, 1:00 PM IST, Engineers India trades at Rs 288.70, down 0.10% on the day. The 52-week range is Rs 163.55 to Rs 321.40.

Is Engineers India a buy or sell at the current price?

Ans. The data is mixed rather than one-sided: EPS has grown 24.6% a year over FY24 to FY26, but the stock is 10.2% below its 52-week high. Whether Engineers India 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 Engineers India shares?

Ans. The bull case target is Rs 416, which assumes 25.0% EPS growth and a PE of 23.86. The downside risk level is Rs 232, which assumes flat EPS and a PE of 16.60. It marks a risk, not a target.

What are the main risks to the Engineers India price target?

Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 16,268 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 Engineers India and how does it compare with the industry?

Ans. The PE ratio of Engineers India is 20.75 against an industry PE of 23.12. Price to book is 5.17 and return on equity is 21.98%. The base case in the Engineers India price target holds this PE constant.

Who owns Engineers India, and what is the promoter holding?

Ans. Promoters held 51.32% of Engineers India in June 2026. FII held 9.17%, DII held 14.22% and the public held 25.29%.

What were Engineers India's latest quarterly results?

Ans. In the June 2026 quarter, Engineers India reported revenue of Rs 858.02 crore (down 5.4% year on year) and net profit of Rs 157.94 crore (up 117.0%).