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MITCON Consultancy & Engineering Services Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

MITCON Consultancy & Engineering Services share price Rs 75.52 (9 October 2026). Base target Rs 88.1, bull Rs 107, downside risk Rs 62.3. PE 12.36. 52W range Rs 49.56 to Rs 92.84.


9 Oct 2026 • 6:11 pm

MITCON Consultancy & Engineering Services Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

Quick Answer

The MITCON Consultancy & Engineering Services share price target for 2027 is Rs 88.1, about 16.7% above the current price of Rs 75.52. The bull case is Rs 107, and the downside risk level, which is not a target, is Rs 62.3. The base case assumes earnings per share grow 13.1% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 12.36. These are model-based estimates built from reported financials, not guaranteed outcomes.

Investors weighing a MITCON Consultancy & Engineering Services target price for 2027 should start with where the stock sits today. At Rs 75.52 on 9 October 2026, it is 18.7% below its 52-week high of Rs 92.84 and 52.4% above its 52-week low of Rs 49.56. That range spans 87% from low to high, so the entry point matters as much as the MITCON Consultancy & Engineering Services price forecast itself.

This article builds the MITCON Consultancy & Engineering Services 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 88.1 base case and the Rs 107 bull case were reached, along with a downside risk level of Rs 62.3.

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Table of Contents

MITCON Consultancy & Engineering Services Stock Analysis: Company Overview and Key Stats

MITCON Consultancy & Engineering Services (NSE: MITCON) has a market capitalisation of Rs 136 crore. In FY26 it reported revenue of Rs 127.67 crore and net profit of Rs 9.41 crore. The table collects the figures the MITCON Consultancy & Engineering Services share price target is built on.

Metric Value
Company MITCON Consultancy & Engineering Services
NSE Ticker MITCON
CMP (9 October 2026) Rs 75.52
52-Week High Rs 92.84
52-Week Low Rs 49.56
Market Cap Rs 136 crore
PE Ratio (TTM) 12.36
Industry PE 36.93
Price to Book 0.86
Return on Equity 5.12%
Debt to Equity 0.62
EPS (TTM) Rs 6.30
Dividend Yield 0.00%
12-Month Base Target Rs 88.1
Bull Case Rs 107
Downside Risk Level (not a target) Rs 62.3

Why Is MITCON Consultancy & Engineering Services Share Price Target Set at Rs 88.1 for 2027?

The base-case MITCON Consultancy & Engineering Services stock target of Rs 88.1 applies a PE multiple of 12.36 to a forward EPS estimate of Rs 7.13. That EPS assumes 13.1% yearly growth, the pace from FY24 to FY26, and puts the target 16.7% 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 MITCON Consultancy & Engineering Services Target Price: Five Years of Results

MITCON Consultancy & Engineering Services grew revenue from Rs 107.76 crore in FY22 to Rs 127.67 crore in FY26, a compound annual growth rate of 4.3%. Net profit grew faster, from Rs 1.50 crore to Rs 9.41 crore (58.3% 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 107.76 1.50 1.12 0.20
FY23 85.75 3.80 3.27 0.00
FY24 133.16 6.42 4.18 0.00
FY25 115.26 6.54 4.00 0.00
FY26 127.67 9.41 5.35 0.00

FY26 revenue growth was 10.8%, faster than the four-year average of 4.3%, and net profit moved up 43.9%. EPS rose from Rs 4.18 in FY24 to Rs 5.35 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

MITCON Consultancy & Engineering Services converted 7.4% of FY26 revenue into net profit, against 5.7% in FY25, within a five-year range of 1.4% to 7.4%. EBITDA margin was 25.8% in FY26 versus 26.6% in FY25.

In the June 2026 quarter, revenue was Rs 68.46 crore, up 175.9% from the same quarter a year earlier, while net profit of Rs 2.75 crore was up 129.2%. EBITDA came in at Rs 8.59 crore, up 26.7% 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 0.62, and shareholders' equity grew from Rs 102.12 crore in FY22 to Rs 172.92 crore in FY26. Operating cash flow in FY26 was Rs 17.28 crore against capital expenditure of Rs 6.37 crore, leaving free cash flow of Rs 10.91 crore, or 8.0% of the current market capitalisation. In FY25 free cash flow was Rs 4.22 crore.

Valuation Check for the MITCON Consultancy & Engineering Services Stock Target: PE, Price to Book and ROE

At a PE of 12.36 against an industry PE of 36.93, MITCON Consultancy & Engineering Services trades at a discount to its industry. Price to book is 0.86 on a book value of Rs 90.65 per share, and return on equity is 5.12%. A PE of 12.36 equals an earnings yield of 8.1%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.00%.

Shareholding Pattern and Institutional Holding

The latest filing shows no promoter holding in MITCON Consultancy & Engineering Services, so ownership rests with institutions and public shareholders. Foreign institutional investors (FII) held 20.08% and domestic institutions (DII) held 1.72%, which puts total institutional holding at 21.80%. FII holding rose from 18.21% in July 2025 to 20.08% in June 2026. Public shareholders own the remaining 78.20%. A meaningful institutional holding adds a layer of research coverage and trading depth.

MITCON Consultancy & Engineering Services Share Price Targets for the Short Term and 12 Months

Short Term MITCON Consultancy & Engineering Services Stock Target Levels: Technical Setup

At Rs 75.52 on 9 October 2026, MITCON Consultancy & Engineering Services trades below its 50-day simple moving average of Rs 79.34 and below its 200-day exponential moving average of Rs 76.04. The 14-day RSI reads 41.1, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 76.04 (200-day exponential moving average) and the nearest support is Rs 49.56 (52-week low). A sustained move above Rs 76.04 would improve the short-term setup, while a close below Rs 49.56 would shift attention to the next support.

12 Month MITCON Consultancy & Engineering Services Target Price for 2027

The 12-month target for MITCON Consultancy & Engineering Services is Rs 88.1: forward EPS of Rs 7.13 at a PE of 12.36. That is 16.7% above Rs 75.52. It would still leave the stock 5.1% below its 52-week high of Rs 92.84. Anyone checking the MITCON Consultancy & Engineering Services share price target against their own view should focus on two inputs: the EPS estimate and the PE multiple.

How EPS Growth and PE Multiple Change the MITCON Consultancy & Engineering Services Target Price

EPS Growth PE 9.89 PE 12.36 PE 14.21
0.0% (EPS Rs 6.30) Rs 62.3 Rs 77.9 Rs 89.5
13.1% (EPS Rs 7.13) Rs 70.5 Rs 88.1 Rs 101
19.1% (EPS Rs 7.51) Rs 74.3 Rs 92.8 Rs 107

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 MITCON Consultancy & Engineering Services price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.

Bull Case and Downside Risk for MITCON Consultancy & Engineering Services Stock Target in 2027

Bull Case Rs 107

The bull case MITCON Consultancy & Engineering Services price target needs EPS growth of 19.1%, which lifts forward EPS to Rs 7.51, and a PE multiple that rises 15% to 14.21. That gives Rs 107, 41.7% above the current price and above the 52-week high of Rs 92.84, so the stock would have to set a fresh 52-week high.

Downside Risk Level Rs 62.3

The downside risk level is not a target. It assumes EPS stays flat at Rs 6.30 and the PE falls 20% to 9.89. That gives Rs 62.3, 17.5% below the current price and above the 52-week low of Rs 49.56.

Scenario EPS Growth PE Multiple Price (Rs) Change vs CMP
Bull Case 19.1% 14.21 Rs 107 +41.7%
Base Case 13.1% 12.36 Rs 88.1 +16.7%
Downside Risk 0.0% 9.89 Rs 62.3 -17.5%

Key Risks to the MITCON Consultancy & Engineering Services Target Price for 2027

Growth Slowdown Risk for the MITCON Consultancy & Engineering Services Price Target

Revenue in the June 2026 quarter was up 175.9% year on year, and FY26 revenue growth was 10.8%. If growth slows from here, the EPS estimate behind the MITCON Consultancy & Engineering Services stock target will need revising.

Liquidity and Size Risk

MITCON Consultancy & Engineering Services has a market capitalisation of Rs 136 crore. Institutional holding is 21.80%, and the latest filing shows no promoter holding. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.

Valuation and Margin Risk

Net margin was 7.4% in FY26, so a small slip in costs moves profit noticeably. At a PE of 12.36 versus an industry PE of 36.93, a de-rating toward the downside-risk PE of 9.89 would cut the price even if earnings hold.

Market and Technical Risk

The stock trades 18.7% below its 52-week high, with an RSI of 41.1 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term. That applies to any MITCON Consultancy & Engineering Services stock target, however carefully it is built.

How to Invest in MITCON Consultancy & Engineering Services

Start with the live price and volume. Any MITCON Consultancy & Engineering Services 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 75.52 price before acting on any level.

Next, review the fundamentals yourself. The Univest Screener lets you check MITCON Consultancy & Engineering Services' PE, ROE, debt and shareholding in one place.

Check MITCON Consultancy & Engineering Services fundamentals on the Univest Screener

Then compare the three MITCON Consultancy & Engineering Services target price scenarios with your own view. If you expect EPS growth below 13.1%, 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 MITCON Consultancy & Engineering Services live price and get daily stock recommendations.

Conclusion

The MITCON Consultancy & Engineering Services share price target for 2027 is Rs 88.1 in the base case, with Rs 107 as the bull case. The support for that view is arithmetic you can check: EPS grew 13.1% a year over FY24 to FY26, and the stock trades at a PE of 12.36. The risks are equally concrete, including a stock that sits 18.7% 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.

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 MITCON Consultancy & Engineering Services Share Price Target 2027

What is the MITCON Consultancy & Engineering Services share price target for 2027?

Ans. The base-case MITCON Consultancy & Engineering Services share price target for 2027 is Rs 88.1, with Rs 107 as the bull case. The downside risk level, which is not a target, is Rs 62.3. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.

What is the MITCON Consultancy & Engineering Services share price today?

Ans. As of 9 October 2026, 3:30 PM IST, MITCON Consultancy & Engineering Services trades at Rs 75.52, down 2.99% on the day. The 52-week range is Rs 49.56 to Rs 92.84.

Is MITCON Consultancy & Engineering Services a buy or sell at the current price?

Ans. The data is mixed rather than one-sided: EPS has grown 13.1% a year over FY24 to FY26, but the stock is 18.7% below its 52-week high. Whether MITCON Consultancy & Engineering Services 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 MITCON Consultancy & Engineering Services shares?

Ans. The bull case target is Rs 107, which assumes 19.1% EPS growth and a PE of 14.21. The downside risk level is Rs 62.3, which assumes flat EPS and a PE of 9.89. It marks a risk, not a target.

What are the main risks to the MITCON Consultancy & Engineering Services price target?

Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 136 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 MITCON Consultancy & Engineering Services and how does it compare with the industry?

Ans. The PE ratio of MITCON Consultancy & Engineering Services is 12.36 against an industry PE of 36.93. Price to book is 0.86 and return on equity is 5.12%. The base case in the MITCON Consultancy & Engineering Services price target holds this PE constant.

Who owns MITCON Consultancy & Engineering Services, and what is the promoter holding?

Ans. The latest filing shows no promoter holding in MITCON Consultancy & Engineering Services. FII held 20.08%, DII held 1.72% and the public held 78.20%.

What were MITCON Consultancy & Engineering Services' latest quarterly results?

Ans. In the June 2026 quarter, MITCON Consultancy & Engineering Services reported revenue of Rs 68.46 crore (up 175.9% year on year) and net profit of Rs 2.75 crore (up 129.2%).

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