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

Investors weighing an Eveready Industries India target price for 2027 should start with where the stock sits today. At Rs 322.10 on 9 October 2026, it is 18.2% below its 52-week high of Rs 394.00 and 24.1% above its 52-week low of Rs 259.65. That range spans 52% from low to high, so the entry point matters as much as the Eveready Industries India price forecast itself.

This article builds the Eveready Industries 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 382 base case and the Rs 458 bull case were reached, along with a downside risk level of Rs 255.

Click Here – Get Free Investment Predictions

Eveready Industries India Stock Analysis: Company Overview and Key Stats

Eveready Industries India (NSE: EVEREADY) has a market capitalisation of Rs 2,315 crore. In FY26 it reported revenue of Rs 1,459 crore and net profit of Rs 171.52 crore. The table collects the figures the Eveready Industries India share price target is built on.

Metric	Value
Company	Eveready Industries India
NSE Ticker	EVEREADY
CMP (9 October 2026)	Rs 322.10
52-Week High	Rs 394.00
52-Week Low	Rs 259.65
Market Cap	Rs 2,315 crore
PE Ratio (TTM)	12.99
Industry PE	14.65
Price to Book	3.72
Return on Equity	23.50%
Debt to Equity	0.32
EPS (TTM)	Rs 24.53
Dividend Yield	0.78%
12-Month Base Target	Rs 382
Bull Case	Rs 458
Downside Risk Level (not a target)	Rs 255

Why Is Eveready Industries India Share Price Target Set at Rs 382 for 2027?

The base-case Eveready Industries India stock target of Rs 382 applies a PE multiple of 12.99 to a forward EPS estimate of Rs 29.44. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 18.6% 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 Eveready Industries India Target Price: Five Years of Results

Eveready Industries India grew revenue from Rs 1,211 crore in FY22 to Rs 1,459 crore in FY26, a compound annual growth rate of 4.8%. Net profit grew faster, from Rs 46.47 crore to Rs 171.52 crore (38.6% 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	1,211.46	46.47	6.39	0.00
FY23	1,336.33	27.62	3.80	0.00
FY24	1,317.17	66.77	9.18	1.00
FY25	1,346.00	82.45	11.34	1.50
FY26	1,459.10	171.52	23.60	2.50

FY26 revenue growth was 8.4%, faster than the four-year average of 4.8%, and net profit moved up 108.0%. EPS rose from Rs 9.18 in FY24 to Rs 23.60 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

Eveready Industries India converted 11.8% of FY26 revenue into net profit, against 6.1% in FY25, within a five-year range of 2.1% to 11.8%. EBITDA margin was 14.8% in FY26 versus 11.4% in FY25.

In the June 2026 quarter, revenue was Rs 407.97 crore, up 8.3% from the same quarter a year earlier, while net profit of Rs 36.97 crore was up 22.3%. EBITDA came in at Rs 61.47 crore, up 9.6% 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 0.32, and shareholders' equity grew from Rs 290.06 crore in FY22 to Rs 622.94 crore in FY26. Operating cash flow in FY26 was Rs 83.36 crore against capital expenditure of Rs 94.82 crore, leaving negative free cash flow of Rs 11.46 crore. In FY25 free cash flow was Rs 33.21 crore, so cash generation has not been steady year to year.

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

At a PE of 12.99 against an industry PE of 14.65, Eveready Industries India trades at a discount to its industry. Price to book is 3.72 on a book value of Rs 85.70 per share, and return on equity is 23.50%. A PE of 12.99 equals an earnings yield of 7.7%, and the FY26 dividend of Rs 2.50 per share gives a yield of 0.78%.

Shareholding Pattern and Institutional Holding

Promoters held 43.60% of Eveready Industries India in June 2026, and promoter holding rose from 43.19% in June 2025 to 43.60% in June 2026. Foreign institutional investors (FII) held 5.44% and domestic institutions (DII) held 2.83%, which puts total institutional holding at 8.27%. FII holding rose from 4.95% in June 2025 to 5.44% in June 2026. Public shareholders own the remaining 48.12%.

Eveready Industries India Share Price Targets for the Short Term and 12 Months

Short Term Eveready Industries India Stock Target Levels: Technical Setup

At Rs 322.10 on 9 October 2026, Eveready Industries India trades below its 50-day simple moving average of Rs 338.86 and below its 200-day exponential moving average of Rs 337.91. The 14-day RSI reads 40.8, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 337.91 (200-day exponential moving average) and the nearest support is Rs 259.65 (52-week low). A sustained move above Rs 337.91 would improve the short-term setup, while a close below Rs 259.65 would shift attention to the next support.

12 Month Eveready Industries India Target Price for 2027

The 12-month target for Eveready Industries India is Rs 382: forward EPS of Rs 29.44 at a PE of 12.99. That is 18.6% above Rs 322.10. It would still leave the stock 3.0% below its 52-week high of Rs 394.00.

How EPS Growth and PE Multiple Change the Eveready Industries India Target Price

EPS Growth	PE 10.39	PE 12.99	PE 14.94
0.0% (EPS Rs 24.53)	Rs 255	Rs 319	Rs 366
20.0% (EPS Rs 29.44)	Rs 306	Rs 382	Rs 440
25.0% (EPS Rs 30.66)	Rs 319	Rs 398	Rs 458

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

Bull Case and Downside Risk for Eveready Industries India Stock Target in 2027

Bull Case Rs 458

The bull case Eveready Industries India price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 30.66, and a PE multiple that rises 15% to 14.94. That gives Rs 458, 42.2% above the current price and above the 52-week high of Rs 394.00, so the stock would have to set a fresh 52-week high.

Downside Risk Level Rs 255

The downside risk level is not a target. It assumes EPS stays flat at Rs 24.53 and the PE falls 20% to 10.39. That gives Rs 255, 20.8% below the current price and below the 52-week low of Rs 259.65.

Scenario	EPS Growth	PE Multiple	Price (Rs)	Change vs CMP
Bull Case	25.0%	14.94	Rs 458	+42.2%
Base Case	20.0%	12.99	Rs 382	+18.6%
Downside Risk	0.0%	10.39	Rs 255	-20.8%

Key Risks to the Eveready Industries India Target Price for 2027

Growth Slowdown Risk for the Eveready Industries India Price Target

Revenue in the June 2026 quarter was up 8.3% year on year, and FY26 revenue growth was 8.4%. If growth slows from here, the EPS estimate behind the Eveready Industries India stock target will need revising.

Liquidity and Size Risk

Eveready Industries India has a market capitalisation of Rs 2,315 crore. Institutional holding is 8.27%, and promoters hold 43.60%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.

Valuation and Margin Risk

Net margin was 11.8% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 12.99 versus an industry PE of 14.65, a de-rating toward the downside-risk PE of 10.39 would cut the price even if earnings hold.

Market and Technical Risk

The stock trades 18.2% below its 52-week high, with an RSI of 40.8 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term.

How to Invest in Eveready Industries India

Start with the live price and volume. Any Eveready Industries 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 322.10 price before acting on any level.

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

Check Eveready Industries India fundamentals on the Univest Screener

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

Conclusion

The Eveready Industries India share price target for 2027 is Rs 382 in the base case, with Rs 458 as the bull case. The support for that view is arithmetic you can check: EPS grew 60.3% a year over FY24 to FY26, and the stock trades at a PE of 12.99. The risks are equally concrete, including a stock that sits 18.2% below its 52-week high and a downside scenario that cuts the price 21% 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 Eveready Industries India Share Price Target 2027

What is the Eveready Industries India share price target for 2027?

Ans. The base-case Eveready Industries India share price target for 2027 is Rs 382, with Rs 458 as the bull case. The downside risk level, which is not a target, is Rs 255. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.

What is the Eveready Industries India share price today?

Ans. As of 9 October 2026, 1:18 PM IST, Eveready Industries India trades at Rs 322.10, up 1.10% on the day. The 52-week range is Rs 259.65 to Rs 394.00.

Is Eveready Industries India a buy or sell at the current price?

Ans. The data is mixed rather than one-sided: EPS has grown 60.3% a year over FY24 to FY26, but the stock is 18.2% below its 52-week high. Whether Eveready Industries 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 Eveready Industries India shares?

Ans. The bull case target is Rs 458, which assumes 25.0% EPS growth and a PE of 14.94. The downside risk level is Rs 255, which assumes flat EPS and a PE of 10.39. It marks a risk, not a target.

What are the main risks to the Eveready Industries India price target?

Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 2,315 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 Eveready Industries India and how does it compare with the industry?

Ans. The PE ratio of Eveready Industries India is 12.99 against an industry PE of 14.65. Price to book is 3.72 and return on equity is 23.50%. The base case in the Eveready Industries India price target holds this PE constant.

Who owns Eveready Industries India, and what is the promoter holding?

Ans. Promoters held 43.60% of Eveready Industries India in June 2026. FII held 5.44%, DII held 2.83% and the public held 48.12%.

What were Eveready Industries India's latest quarterly results?

Ans. In the June 2026 quarter, Eveready Industries India reported revenue of Rs 407.97 crore (up 8.3% year on year) and net profit of Rs 36.97 crore (up 22.3%).