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

Investors weighing a Megastar Foods target price for 2027 should start with where the stock sits today. At Rs 292.53 on 9 October 2026, it is 25.4% below its 52-week high of Rs 392.00 and 43.1% above its 52-week low of Rs 204.40. That range spans 92% from low to high, so the entry point matters as much as the Megastar Foods price forecast itself.

This article builds the Megastar 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 347 base case and the Rs 420 bull case were reached, along with a downside risk level of Rs 241.

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Megastar Foods Stock Analysis: Company Overview and Key Stats

Megastar Foods (NSE: MEGASTAR) has a market capitalisation of Rs 340 crore. In FY26 it reported revenue of Rs 533.11 crore and net profit of Rs 9.30 crore. The table collects the figures the Megastar Foods share price target is built on.

Metric	Value
Company	Megastar Foods
NSE Ticker	MEGASTAR
CMP (9 October 2026)	Rs 292.53
52-Week High	Rs 392.00
52-Week Low	Rs 204.40
Market Cap	Rs 340 crore
PE Ratio (TTM)	34.28
Industry PE	34.85
Price to Book	3.30
Return on Equity	9.04%
Debt to Equity	1.28
EPS (TTM)	Rs 8.78
Dividend Yield	0.00%
12-Month Base Target	Rs 347
Bull Case	Rs 420
Downside Risk Level (not a target)	Rs 241

Why Is Megastar Foods Share Price Target Set at Rs 347 for 2027?

The base-case Megastar Foods stock target of Rs 347 applies a PE multiple of 34.28 to a forward EPS estimate of Rs 10.12. That EPS assumes 15.3% 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 Megastar Foods Target Price: Five Years of Results

Megastar Foods grew revenue from Rs 185.27 crore in FY22 to Rs 533.11 crore in FY26, a compound annual growth rate of 30.2%. Net profit grew more slowly, from Rs 5.45 crore to Rs 9.30 crore (14.3% 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	185.27	5.45	5.50	0.00
FY23	304.40	10.08	10.08	0.00
FY24	276.97	6.32	6.19	0.00
FY25	361.25	3.79	3.36	0.00
FY26	533.11	9.30	8.23	0.00

FY26 revenue growth was 47.6%, faster than the four-year average of 30.2%, and net profit moved up 145.4%. EPS rose from Rs 6.19 in FY24 to Rs 8.23 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

Megastar Foods converted 1.7% of FY26 revenue into net profit, against 1.0% in FY25, within a five-year range of 1.0% to 3.3%. EBITDA margin was 6.7% in FY26 versus 6.2% in FY25.

In the June 2026 quarter, revenue was Rs 132.79 crore, up 23.7% from the same quarter a year earlier, while net profit of Rs 2.23 crore was up 40.3%. EBITDA came in at Rs 7.69 crore, up 12.9% 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 1.28, and shareholders' equity grew from Rs 35.87 crore in FY22 to Rs 102.87 crore in FY26. Operating cash flow in FY26 was Rs 27.40 crore against capital expenditure of Rs 7.95 crore, leaving free cash flow of Rs 19.45 crore, or 5.7% of the current market capitalisation. In FY25 free cash flow was negative at Rs 60.10 crore, so cash generation has not been steady year to year.

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

At a PE of 34.28 against an industry PE of 34.85, Megastar Foods trades in line with its industry. Price to book is 3.30 on a book value of Rs 91.08 per share, and return on equity is 9.04%. A PE of 34.28 equals an earnings yield of 2.9%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.00%.

Shareholding Pattern and Institutional Holding

Promoters held 61.47% of Megastar Foods in June 2026, and promoter holding has stayed near 61.47% since June 2025. Foreign institutional investors (FII) held 5.52% and domestic institutions (DII) held 1.44%, which puts total institutional holding at 6.96%. FII holding rose from 1.19% in June 2025 to 5.52% in June 2026. Public shareholders own the remaining 31.58%.

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

Short Term Megastar Foods Stock Target Levels: Technical Setup

At Rs 292.53 on 9 October 2026, Megastar Foods trades below its 50-day simple moving average of Rs 297.94 and above its 200-day exponential moving average of Rs 288.69. The 14-day RSI reads 53.3, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 297.94 (50-day simple moving average) and the nearest support is Rs 288.69 (200-day exponential moving average). A sustained move above Rs 297.94 would improve the short-term setup, while a close below Rs 288.69 would shift attention to the next support.

12 Month Megastar Foods Target Price for 2027

The 12-month target for Megastar Foods is Rs 347: forward EPS of Rs 10.12 at a PE of 34.28. That is 18.6% above Rs 292.53. It would still leave the stock 11.5% below its 52-week high of Rs 392.00.

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

EPS Growth	PE 27.42	PE 34.28	PE 39.42
0.0% (EPS Rs 8.78)	Rs 241	Rs 301	Rs 346
15.3% (EPS Rs 10.12)	Rs 277	Rs 347	Rs 399
21.3% (EPS Rs 10.65)	Rs 292	Rs 365	Rs 420

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

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

Bull Case Rs 420

The bull case Megastar Foods price target needs EPS growth of 21.3%, which lifts forward EPS to Rs 10.65, and a PE multiple that rises 15% to 39.42. That gives Rs 420, 43.6% above the current price and above the 52-week high of Rs 392.00, so the stock would have to set a fresh 52-week high.

Downside Risk Level Rs 241

The downside risk level is not a target. It assumes EPS stays flat at Rs 8.78 and the PE falls 20% to 27.42. That gives Rs 241, 17.6% below the current price and above the 52-week low of Rs 204.40.

Scenario	EPS Growth	PE Multiple	Price (Rs)	Change vs CMP
Bull Case	21.3%	39.42	Rs 420	+43.6%
Base Case	15.3%	34.28	Rs 347	+18.6%
Downside Risk	0.0%	27.42	Rs 241	-17.6%

Key Risks to the Megastar Foods Target Price for 2027

Growth Slowdown Risk for the Megastar Foods Price Target

Revenue in the June 2026 quarter was up 23.7% year on year, and FY26 revenue growth was 47.6%. If growth slows from here, the EPS estimate behind the Megastar Foods stock target will need revising.

Liquidity and Size Risk

Megastar Foods has a market capitalisation of Rs 340 crore. Institutional holding is 6.96%, and promoters hold 61.47%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.

Valuation and Margin Risk

Net margin was 1.7% in FY26, so a small slip in costs moves profit noticeably. At a PE of 34.28 versus an industry PE of 34.85, a de-rating toward the downside-risk PE of 27.42 would cut the price even if earnings hold.

Market and Technical Risk

The stock trades 25.4% below its 52-week high, with an RSI of 53.3 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term.

How to Invest in Megastar Foods

Start with the live price and volume. Any Megastar 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 292.53 price before acting on any level.

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

Check Megastar Foods fundamentals on the Univest Screener

Then compare the three Megastar Foods target price scenarios with your own view. If you expect EPS growth below 15.3%, 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 Megastar Foods live price and get daily stock recommendations.

Conclusion

The Megastar Foods share price target for 2027 is Rs 347 in the base case, with Rs 420 as the bull case. The support for that view is arithmetic you can check: EPS grew 15.3% a year over FY24 to FY26, and the stock trades at a PE of 34.28. The risks are equally concrete, including a stock that sits 25.4% below its 52-week high and a downside scenario that cuts the price 18% 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 Megastar Foods Share Price Target 2027

What is the Megastar Foods share price target for 2027?

Ans. The base-case Megastar Foods share price target for 2027 is Rs 347, with Rs 420 as the bull case. The downside risk level, which is not a target, is Rs 241. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.

What is the Megastar Foods share price today?

Ans. As of 9 October 2026, 3:30 PM IST, Megastar Foods trades at Rs 292.53, up 0.08% on the day. The 52-week range is Rs 204.40 to Rs 392.00.

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

Ans. The data is mixed rather than one-sided: EPS has grown 15.3% a year over FY24 to FY26, but the stock is 25.4% below its 52-week high. Whether Megastar 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 Megastar Foods shares?

Ans. The bull case target is Rs 420, which assumes 21.3% EPS growth and a PE of 39.42. The downside risk level is Rs 241, which assumes flat EPS and a PE of 27.42. It marks a risk, not a target.

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

Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 340 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 Megastar Foods and how does it compare with the industry?

Ans. The PE ratio of Megastar Foods is 34.28 against an industry PE of 34.85. Price to book is 3.30 and return on equity is 9.04%. The base case in the Megastar Foods price target holds this PE constant.

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

Ans. Promoters held 61.47% of Megastar Foods in June 2026. FII held 5.52%, DII held 1.44% and the public held 31.58%.

What were Megastar Foods' latest quarterly results?

Ans. In the June 2026 quarter, Megastar Foods reported revenue of Rs 132.79 crore (up 23.7% year on year) and net profit of Rs 2.23 crore (up 40.3%).