
Munjal Auto Industries Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook
CMP Rs 102.08 (9 Oct 2026). 52W range Rs 67.20 to Rs 130.60. PE 18.33. 2027 base Rs 111, bull Rs 130.
Updated: 9 Oct 2026 • 1:16 pm
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Quick Answer
The Munjal Auto Industries share price forecast for 2027 centres on a conservative case of Rs 110, a base case of Rs 111 and a bull case of Rs 130, against a current price of Rs 102.08. These targets scale today's price by reported EPS growth at a constant PE multiple, so they rest on earnings the company has already delivered, not on broker forecasts. The base case implies 8.7% upside from today's price. The daily technical setup reads mildly bearish.
Munjal Auto Industries share price prediction 2027 comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 102.08 on NSE as of 9 October 2026, 21.8% below its 52-week high of Rs 130.60, after the company reported net profit of Rs 46.15 crore for FY26.
This Munjal Auto Industries stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.
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Munjal Auto Industries Share Price Today and Key Data
The Munjal Auto Industries share price today is Rs 102.08 on NSE, up 0.56% on the day. The market capitalisation stands at Rs 1,016 crore. Over the past year the price has risen 1.9% from Rs 100.21. Every Munjal Auto Industries stock forecast figure below starts from this price.
| Metric | Value |
|---|---|
| Company | Munjal Auto Industries (MUNJALAU) |
| Current Price | Rs 102.08 |
| 52-Week High | Rs 130.60 (17 August 2026) |
| 52-Week Low | Rs 67.20 (30 March 2026) |
| Market Cap | Rs 1,016 crore |
| PE Ratio | 18.33 |
| Industry PE | 37.01 |
| PB Ratio | 2.27 |
| EPS (TTM) | Rs 5.54 |
| Return on Equity | 7.74% |
| Debt to Equity | 0.95 |
| Dividend Yield | 0.98% |
| Book Value per Share | Rs 44.75 |
What Is the Munjal Auto Industries Share Price Prediction for 2027?
The Munjal Auto Industries share price prediction for 2027 is a conservative case of Rs 110, a base case of Rs 111 and a bull case of Rs 130. Against Rs 102.08, these imply 7.8% upside, 8.7% upside and 27.4% upside. They are model scenarios built from reported EPS growth, not broker targets.
| Scenario | EPS Growth Basis | EPS Estimate | PE Multiple | Implied Value | Upside vs Current Price |
|---|---|---|---|---|---|
| Conservative Case | Lower of FY26 growth (10.4%) and 4-year CAGR (8.0%) | Rs 5.98 (+8.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 110 | +7.8% |
| Base Case | Average of the two | Rs 6.05 (+9.2%) | Unchanged from today (price to EPS ratio kept constant) | Rs 111 | +8.7% |
| Bull Case | Higher of the two | Rs 6.12 (+10.4%) | Re-rated 15.0% toward industry PE of 37.01 (still at or below it) | Rs 130 | +27.4% |
Each target takes today's price of Rs 102.08 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. The bull case also re-rates the PE multiple toward the industry level, because the stock trades below it. Together they form the Munjal Auto Industries target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.
Munjal Auto Industries Share Price Forecast: What Has to Go Right by 2027
Each Munjal Auto Industries target price below depends on a specific EPS outcome, and the text states that outcome next to the number.
Conservative Case for the Munjal Auto Industries Share Price Target: Rs 110
Reaching Rs 110 needs EPS to rise 8.0% to Rs 5.98 while the stock keeps its current PE multiple. That follows the slower 4-year EPS CAGR of 8.0%.
Base Case for the Munjal Auto Industries Share Price Target: Rs 111
Reaching Rs 111 needs EPS to rise 9.2% to Rs 6.05, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 47.6% in Q1 FY27 is at or above that pace, which supports the target.
Bull Case for the Munjal Auto Industries Share Price Target: Rs 130
Reaching Rs 130 needs EPS to rise 10.4% to Rs 6.12 and the PE multiple to re-rate 15.0% toward the industry PE. That sits inside the 52-week range of Rs 67.20 to Rs 130.60. A daily close above the nearest resistance level of Rs 108.66 (50-day SMA) would be the first technical confirmation.
Munjal Auto Industries Financial Performance: Revenue, Profit and Margins
Munjal Auto Industries earned net profit of Rs 46.15 crore on revenue of Rs 2,325.62 crore in FY26, with profit up 18.1% and revenue up 10.9% compared with FY25. Diluted EPS was Rs 4.02 against Rs 3.64 a year earlier, and that earnings base anchors the Munjal Auto Industries share price forecast.
| Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Operating Margin | Net Margin |
|---|---|---|---|---|---|
| FY22 | 1,921.13 | 29.61 | 2.96 | 4.60% | 1.54% |
| FY23 | 1,997.03 | 51.62 | 5.61 | 5.18% | 2.58% |
| FY24 | 1,917.83 | 38.03 | 3.85 | 8.05% | 1.98% |
| FY25 | 2,097.59 | 39.07 | 3.64 | 6.16% | 1.86% |
| FY26 | 2,325.62 | 46.15 | 4.02 | 6.40% | 1.98% |
In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 719.39 crore against Rs 503.86 crore a year earlier (+42.8%), and the bottom line was a net profit of Rs 28.50 crore against a net profit of Rs 19.31 crore (+47.6%). Operating margin was 9.21% versus 10.60% in the year-ago quarter. Cash flow from operations was Rs 44.67 crore in FY26 against Rs 25.36 crore in FY25. Together these figures set the earnings base for the Munjal Auto Industries share price prediction.
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Is Munjal Auto Industries Overvalued or Undervalued Right Now?
Munjal Auto Industries trades at a PE of 18.33 against an industry PE of 37.01, which places the stock at a 50.5% discount to the industry average. The price-to-book ratio is 2.27 on a book value of Rs 44.75 per share. Return on equity of 7.74% means the company earns Rs 7.74 of profit for every Rs 100 of shareholder equity.
Debt to equity is 0.95, so borrowings equal about 95% of shareholder equity. The company declared a dividend of Rs 1.00 per share for FY26, a yield of 0.98% at the current price. This valuation context frames the Munjal Auto Industries stock price prediction for 2027 without relying on any outside forecast.
Munjal Auto Industries Stock Analysis: Technical Outlook
Munjal Auto Industries stock trades below its 50-day SMA of Rs 108.66 and above its 200-day EMA of Rs 96.40, and the combined daily indicators read mildly bearish. The 52-week high of Rs 130.60 was set on 17 August 2026, while the 52-week low of Rs 67.20 came on 30 March 2026.
| Indicator | Reading | Signal |
|---|---|---|
| RSI (14) | 47.21 | Neutral |
| MACD (12,26,9) | -1.46 vs signal -1.01 | Bearish |
| ADX (14) | 25.14 | Established trend |
| Supertrend (10,3) | Price below Rs 114.18 | Bearish |
| 50-day SMA | Rs 108.66 | Price below |
| 200-day EMA | Rs 96.40 | Price above |
The nearest support level sits at Rs 96.40 (200-day EMA) and Rs 67.20 (52-week low). The nearest resistance level sits at Rs 108.66 (50-day SMA) and Rs 114.18 (Supertrend). A sustained move above the nearest resistance would support the Munjal Auto Industries share price prediction 2027 base case, and this Munjal Auto Industries stock analysis uses daily candles only. Chart signals add context to the Munjal Auto Industries share price target without changing the earnings maths.
Munjal Auto Industries Shareholding Pattern
Promoters hold 74.81% of Munjal Auto Industries as of Jun 2026, unchanged across the last 5 quarters. FII holding is 0.07% (down from 0.11% in Jun 2025) and DII holding is 0.03% (unchanged), which puts combined institutional holding at 0.10%. Public shareholders own 25.10%. Shareholding data is one input for any Munjal Auto Industries stock forecast.
Key Risks to the Munjal Auto Industries Share Price Target for 2027
Earnings and Margin Risk
Operating margin has ranged from 4.60% to 8.05% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the Munjal Auto Industries stock forecast. Revenue was up 10.9% in FY26, and slower revenue growth would weigh on the profit path.
Size and Liquidity Risk
Market capitalisation stands at Rs 1,016 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any Munjal Auto Industries stock price target.
Balance Sheet Risk
Debt to equity of 0.95 means borrowings stand at about 95% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the Munjal Auto Industries share price forecast.
Technical Risk
The daily indicators read mildly bearish, so the targets above may need a technical turn before the price follows earnings. A daily close below Rs 96.40 (200-day EMA) would weaken the setup further.
Conclusion
This Munjal Auto Industries stock analysis puts the share price target range for 2027 at Rs 110 to Rs 130, with a base case of Rs 111 against Rs 102.08 today. The inputs are a PE of 18.33 that sits at a 50.5% discount to the industry average, EPS growth of 10.4% in FY26 and a daily technical setup that reads mildly bearish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.
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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).
Frequently Asked Questions on Munjal Auto Industries Share Price Prediction 2027
What is the Munjal Auto Industries share price target for 2027?
Ans. The Munjal Auto Industries share price forecast for 2027 has a conservative case of Rs 110, a base case of Rs 111 and a bull case of Rs 130. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.
What is the Munjal Auto Industries share price today?
Ans. Munjal Auto Industries trades at Rs 102.08 on NSE as of 9 October 2026, up 0.56% on the day. The 52-week range is Rs 67.20 to Rs 130.60.
Is Munjal Auto Industries a good stock to buy for 2027?
Ans. The data points in different directions: the PE of 18.33 is at a 50.5% discount to the industry average, EPS grew 10.4% in FY26 and the daily technical setup reads mildly bearish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.
Can Munjal Auto Industries stock reach Rs 130 in 2027?
Ans. Reaching Rs 130 needs EPS to rise 10.4% from Rs 5.54 and the PE multiple to re-rate toward the industry PE of 37.01, plus a daily close above Rs 108.66 (50-day SMA). This is a scenario, not a guarantee.
What are the support and resistance levels for Munjal Auto Industries?
Ans. The nearest support levels are Rs 96.40 (200-day EMA) and Rs 67.20 (52-week low), and the nearest resistance levels are Rs 108.66 (50-day SMA) and Rs 114.18 (Supertrend).
What are the main risks for Munjal Auto Industries stock in 2027?
Ans. The main risks to the Munjal Auto Industries share price forecast are a fall in operating margin from the 4.60% to 8.05% range seen since FY22, slower revenue growth after FY26 revenue was up 10.9%, and thin trading volumes. Debt to equity of 0.95 adds balance sheet sensitivity.
How is the Munjal Auto Industries target price for 2027 calculated?
Ans. Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 8.0% growth, the base case 9.2% and the bull case 10.4%, all drawn from the company's reported FY26 and 4-year EPS growth.
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