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

Investors weighing a Nesco target price for 2027 should start with where the stock sits today. At Rs 1,038.50 on 9 October 2026, it is 27.0% below its 52-week high of Rs 1,422.80 and 4.3% above its 52-week low of Rs 996.00. That range spans 43% from low to high, so the entry point matters as much as the Nesco price forecast itself.

This article builds the Nesco 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 1,097 base case and the Rs 1,332 bull case were reached, along with a downside risk level of Rs 822.

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Nesco Stock Analysis: Company Overview and Key Stats

Nesco (NSE: NESCO) has a market capitalisation of Rs 7,243 crore. In FY26 it reported revenue of Rs 1,038 crore and net profit of Rs 412.74 crore. The table collects the figures the Nesco share price target is built on.

Metric	Value
Company	Nesco
NSE Ticker	NESCO
CMP (9 October 2026)	Rs 1,038.50
52-Week High	Rs 1,422.80
52-Week Low	Rs 996.00
Market Cap	Rs 7,243 crore
PE Ratio (TTM)	17.39
Industry PE	32.08
Price to Book	2.42
Return on Equity	13.77%
Debt to Equity	0.09
EPS (TTM)	Rs 59.12
Dividend Yield	0.68%
12-Month Base Target	Rs 1,097
Bull Case	Rs 1,332
Downside Risk Level (not a target)	Rs 822

Why Is Nesco Share Price Target Set at Rs 1,097 for 2027?

The base-case Nesco stock target of Rs 1,097 applies a PE multiple of 17.39 to a forward EPS estimate of Rs 63.06. That EPS assumes 6.7% yearly growth, the pace from FY24 to FY26, and puts the target 5.6% 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 Nesco Target Price: Five Years of Results

Nesco grew revenue from Rs 382.41 crore in FY22 to Rs 1,038 crore in FY26, a compound annual growth rate of 28.3%. Net profit grew more slowly, from Rs 189.17 crore to Rs 412.74 crore (21.5% 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	382.41	189.17	26.85	3.00
FY23	609.26	290.64	41.25	4.50
FY24	784.95	362.78	51.49	6.00
FY25	864.59	375.21	53.25	6.50
FY26	1,037.50	412.74	58.58	7.00

FY26 revenue growth was 20.0%, slower than the four-year average of 28.3%, and net profit moved up 10.0%. EPS rose from Rs 51.49 in FY24 to Rs 58.58 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

Nesco converted 39.8% of FY26 revenue into net profit, against 43.4% in FY25, within a five-year range of 39.8% to 49.5%. EBITDA margin was 56.9% in FY26 versus 63.8% in FY25.

In the June 2026 quarter, revenue was Rs 255.40 crore, up 15.3% from the same quarter a year earlier, while net profit of Rs 99.96 crore was up 4.0%. EBITDA came in at Rs 145.97 crore, up 5.4% 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 0.09, and shareholders' equity grew from Rs 1,698 crore in FY22 to Rs 2,996 crore in FY26. Operating cash flow in FY26 was Rs 387.79 crore against capital expenditure of Rs 322.28 crore, leaving free cash flow of Rs 65.51 crore, or 0.9% of the current market capitalisation. In FY25 free cash flow was negative at Rs 434.73 crore, so cash generation has not been steady year to year.

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

At a PE of 17.39 against an industry PE of 32.08, Nesco trades at a discount to its industry. Price to book is 2.42 on a book value of Rs 425.27 per share, and return on equity is 13.77%. A PE of 17.39 equals an earnings yield of 5.8%, and the FY26 dividend of Rs 7.00 per share gives a yield of 0.68%.

Shareholding Pattern and Institutional Holding

Promoters held 68.54% of Nesco in June 2026, and promoter holding has stayed near 68.54% since June 2025. Foreign institutional investors (FII) held 4.32% and domestic institutions (DII) held 4.12%, which puts total institutional holding at 8.44%. FII holding fell from 4.89% in June 2025 to 4.32% in June 2026. Public shareholders own the remaining 23.02%.

Nesco Share Price Targets for the Short Term and 12 Months

Short Term Nesco Stock Target Levels: Technical Setup

At Rs 1,038.50 on 9 October 2026, Nesco trades below its 50-day simple moving average of Rs 1,055.16 and below its 200-day exponential moving average of Rs 1,115.64. The 14-day RSI reads 27.9, which is oversold territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 1,055.16 (50-day simple moving average) and the nearest support is Rs 996.00 (52-week low). A sustained move above Rs 1,055.16 would improve the short-term setup, while a close below Rs 996.00 would shift attention to the next support.

12 Month Nesco Target Price for 2027

The 12-month target for Nesco is Rs 1,097: forward EPS of Rs 63.06 at a PE of 17.39. That is 5.6% above Rs 1,038.50. It would still leave the stock 22.9% below its 52-week high of Rs 1,422.80.

How EPS Growth and PE Multiple Change the Nesco Target Price

EPS Growth	PE 13.91	PE 17.39	PE 20.00
0.0% (EPS Rs 59.12)	Rs 822	Rs 1,028	Rs 1,182
6.7% (EPS Rs 63.06)	Rs 877	Rs 1,097	Rs 1,261
12.7% (EPS Rs 66.61)	Rs 927	Rs 1,158	Rs 1,332

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

Bull Case and Downside Risk for Nesco Stock Target in 2027

Bull Case Rs 1,332

The bull case Nesco price target needs EPS growth of 12.7%, which lifts forward EPS to Rs 66.61, and a PE multiple that rises 15% to 20.00. That gives Rs 1,332, 28.3% above the current price and below the 52-week high of Rs 1,422.80.

Downside Risk Level Rs 822

The downside risk level is not a target. It assumes EPS stays flat at Rs 59.12 and the PE falls 20% to 13.91. That gives Rs 822, 20.8% below the current price and below the 52-week low of Rs 996.00.

Scenario	EPS Growth	PE Multiple	Price (Rs)	Change vs CMP
Bull Case	12.7%	20.00	Rs 1,332	+28.3%
Base Case	6.7%	17.39	Rs 1,097	+5.6%
Downside Risk	0.0%	13.91	Rs 822	-20.8%

Key Risks to the Nesco Target Price for 2027

Growth Slowdown Risk for the Nesco Price Target

Revenue in the June 2026 quarter was up 15.3% year on year, and FY26 revenue growth was 20.0%. If growth slows from here, the EPS estimate behind the Nesco stock target will need revising.

Liquidity and Size Risk

Nesco has a market capitalisation of Rs 7,243 crore. Institutional holding is 8.44%, and promoters hold 68.54%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.

Valuation and Margin Risk

Net margin was 39.8% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 17.39 versus an industry PE of 32.08, a de-rating toward the downside-risk PE of 13.91 would cut the price even if earnings hold.

Market and Technical Risk

The stock trades 27.0% below its 52-week high, with an RSI of 27.9 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.

How to Invest in Nesco

Start with the live price and volume. Any Nesco 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 1,038.50 price before acting on any level.

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

Check Nesco fundamentals on the Univest Screener

Then compare the three Nesco target price scenarios with your own view. If you expect EPS growth below 6.7%, 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 Nesco live price and get daily stock recommendations.

Conclusion

The Nesco share price target for 2027 is Rs 1,097 in the base case, with Rs 1,332 as the bull case. The support for that view is arithmetic you can check: EPS grew 6.7% a year over FY24 to FY26, and the stock trades at a PE of 17.39. The risks are equally concrete, including a stock that sits 27.0% 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 Nesco Share Price Target 2027

What is the Nesco share price target for 2027?

Ans. The base-case Nesco share price target for 2027 is Rs 1,097, with Rs 1,332 as the bull case. The downside risk level, which is not a target, is Rs 822. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.

What is the Nesco share price today?

Ans. As of 9 October 2026, 3:30 PM IST, Nesco trades at Rs 1,038.50, up 1.04% on the day. The 52-week range is Rs 996.00 to Rs 1,422.80.

Is Nesco a buy or sell at the current price?

Ans. The data is mixed rather than one-sided: EPS has grown 6.7% a year over FY24 to FY26, but the stock is 27.0% below its 52-week high. Whether Nesco 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 Nesco shares?

Ans. The bull case target is Rs 1,332, which assumes 12.7% EPS growth and a PE of 20.00. The downside risk level is Rs 822, which assumes flat EPS and a PE of 13.91. It marks a risk, not a target.

What are the main risks to the Nesco price target?

Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 7,243 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 Nesco and how does it compare with the industry?

Ans. The PE ratio of Nesco is 17.39 against an industry PE of 32.08. Price to book is 2.42 and return on equity is 13.77%. The base case in the Nesco price target holds this PE constant.

Who owns Nesco, and what is the promoter holding?

Ans. Promoters held 68.54% of Nesco in June 2026. FII held 4.32%, DII held 4.12% and the public held 23.02%.

What were Nesco's latest quarterly results?

Ans. In the June 2026 quarter, Nesco reported revenue of Rs 255.40 crore (up 15.3% year on year) and net profit of Rs 99.96 crore (up 4.0%).