
Sharda Motor Industries Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook
CMP Rs 872.30 (9 Oct 2026). 52W range Rs 700.00 to Rs 1,189.90. PE 15.27. 2027 base Rs 1,020, bull Rs 1,246.
Updated: 9 Oct 2026 • 4:14 pm
Posted by:

Quick Answer
The Sharda Motor Industries share price forecast for 2027 centres on a conservative case of Rs 957, a base case of Rs 1,020 and a bull case of Rs 1,246, against a current price of Rs 872.30. 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 16.9% upside from today's price. The daily technical setup reads bearish.
Sharda Motor 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 872.30 on NSE as of 9 October 2026, 26.7% below its 52-week high of Rs 1,189.90, after the company reported net profit of Rs 345.40 crore for FY26.
This Sharda Motor Industries stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.
Click Here – Get Free Investment Predictions
Sharda Motor Industries Share Price Today and Key Data
The Sharda Motor Industries share price today is Rs 872.30 on NSE, down 1.37% on the day. The market capitalisation stands at Rs 5,070 crore. Over the past year the price has fallen 16.4% from Rs 1,043.30. Every Sharda Motor Industries stock forecast figure below starts from this price.
| Metric | Value |
|---|---|
| Company | Sharda Motor Industries (SHARDAMOTR) |
| Current Price | Rs 872.30 |
| 52-Week High | Rs 1,189.90 (11 November 2025) |
| 52-Week Low | Rs 700.00 (30 March 2026) |
| Market Cap | Rs 5,070 crore |
| PE Ratio | 15.27 |
| Industry PE | 37.01 |
| PB Ratio | 3.86 |
| EPS (TTM) | Rs 57.83 |
| Return on Equity | 26.31% |
| Debt to Equity | 0.04 |
| Dividend Yield | 2.26% |
| Book Value per Share | Rs 228.72 |
What Is the Sharda Motor Industries Share Price Prediction for 2027?
The Sharda Motor Industries share price prediction for 2027 is a conservative case of Rs 957, a base case of Rs 1,020 and a bull case of Rs 1,246. Against Rs 872.30, these imply 9.7% upside, 16.9% upside and 42.8% 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 (9.7%) and 4-year CAGR (24.2%) | Rs 63.43 (+9.7%) | Unchanged from today (price to EPS ratio kept constant) | Rs 957 | +9.7% |
| Base Case | Average of the two | Rs 67.62 (+16.9%) | Unchanged from today (price to EPS ratio kept constant) | Rs 1,020 | +16.9% |
| Bull Case | Higher of the two | Rs 71.81 (+24.2%) | Re-rated 15.0% toward industry PE of 37.01 (still at or below it) | Rs 1,246 | +42.8% |
Each target takes today's price of Rs 872.30 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 Sharda Motor Industries target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.
Sharda Motor Industries Share Price Forecast: What Has to Go Right by 2027
Each Sharda Motor Industries target price below depends on a specific EPS outcome, and the text states that outcome next to the number.
Conservative Case for the Sharda Motor Industries Share Price Target: Rs 957
Reaching Rs 957 needs EPS to rise 9.7% to Rs 63.43 while the stock keeps its current PE multiple. That matches the FY26 EPS growth of 9.7%.
Base Case for the Sharda Motor Industries Share Price Target: Rs 1,020
Reaching Rs 1,020 needs EPS to rise 16.9% to Rs 67.62, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of -13.4% in Q1 FY27 is below that pace, so earnings need to speed up to reach this level.
Bull Case for the Sharda Motor Industries Share Price Target: Rs 1,246
Reaching Rs 1,246 needs EPS to rise 24.2% to Rs 71.81 and the PE multiple to re-rate 15.0% toward the industry PE. That is above the 52-week high of Rs 1,189.90, so it would need a fresh breakout. A daily close above the nearest resistance level of Rs 900.05 (200-day EMA) would be the first technical confirmation.
Sharda Motor Industries Financial Performance: Revenue, Profit and Margins
Sharda Motor Industries earned net profit of Rs 345.40 crore on revenue of Rs 3,482.76 crore in FY26, with profit up 9.7% and revenue up 19.3% compared with FY25. Diluted EPS was Rs 60.17 against Rs 54.86 a year earlier, and that earnings base anchors the Sharda Motor Industries share price forecast. Earlier-year EPS in the table below is restated for the company's share split or bonus issue, so every year sits on the current share count.
| Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Operating Margin | Net Margin |
|---|---|---|---|---|---|
| FY22 | 2,284.85 | 149.22 | 25.31 | 10.87% | 6.53% |
| FY23 | 2,741.67 | 208.33 | 35.33 | 12.09% | 7.60% |
| FY24 | 2,897.12 | 299.59 | 50.81 | 16.16% | 10.34% |
| FY25 | 2,919.85 | 314.92 | 54.86 | 17.00% | 10.79% |
| FY26 | 3,482.76 | 345.40 | 60.17 | 15.51% | 9.92% |
In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 1,038.13 crore against Rs 779.22 crore a year earlier (+33.2%), and the bottom line was a net profit of Rs 86.53 crore against a net profit of Rs 99.94 crore (-13.4%). Operating margin was 12.96% versus 19.13% in the year-ago quarter. Cash flow from operations was Rs 362.90 crore in FY26 against Rs 270.56 crore in FY25. Together these figures set the earnings base for the Sharda Motor Industries share price prediction.
Check the Univest Screener for live Sharda Motor Industries fundamentals
Is Sharda Motor Industries Overvalued or Undervalued Right Now?
Sharda Motor Industries trades at a PE of 15.27 against an industry PE of 37.01, which places the stock at a 58.7% discount to the industry average. The price-to-book ratio is 3.86 on a book value of Rs 228.72 per share. Return on equity of 26.31% means the company earns Rs 26.31 of profit for every Rs 100 of shareholder equity.
Debt to equity is 0.04, so borrowings equal about 4% of shareholder equity. The company declared a dividend of Rs 20.00 per share for FY26, a yield of 2.26% at the current price. This valuation context frames the Sharda Motor Industries stock price prediction for 2027 without relying on any outside forecast.
Sharda Motor Industries Stock Analysis: Technical Outlook
Sharda Motor Industries stock trades below its 50-day SMA of Rs 915.20 and below its 200-day EMA of Rs 900.05, and the combined daily indicators read bearish. The 52-week high of Rs 1,189.90 was set on 11 November 2025, while the 52-week low of Rs 700.00 came on 30 March 2026.
| Indicator | Reading | Signal |
|---|---|---|
| RSI (14) | 28.94 | Oversold |
| MACD (12,26,9) | -2.30 vs signal 8.42 | Bearish |
| ADX (14) | 38.66 | Established trend |
| Supertrend (10,3) | Price below Rs 990.50 | Bearish |
| 50-day SMA | Rs 915.20 | Price below |
| 200-day EMA | Rs 900.05 | Price below |
The nearest support level sits at Rs 700.00 (52-week low). The nearest resistance level sits at Rs 900.05 (200-day EMA) and Rs 915.20 (50-day SMA). A sustained move above the nearest resistance would support the Sharda Motor Industries share price prediction 2027 base case, and this Sharda Motor Industries stock analysis uses daily candles only. Chart signals add context to the Sharda Motor Industries share price target without changing the earnings maths.
Sharda Motor Industries Shareholding Pattern
Promoters hold 64.31% of Sharda Motor Industries as of Jun 2026, unchanged across the last 5 quarters. FII holding is 1.73% (down from 2.25% in Jul 2025) and DII holding is 11.98% (up from 11.43% in Jul 2025), which puts combined institutional holding at 13.71%. Public shareholders own 21.98%. Shareholding data is one input for any Sharda Motor Industries stock forecast. Ownership is a useful cross-check on any Sharda Motor Industries share price prediction.
Key Risks to the Sharda Motor Industries Share Price Target for 2027
Earnings and Margin Risk
Operating margin has ranged from 10.87% to 17.00% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the Sharda Motor Industries stock forecast. Revenue was up 19.3% in FY26, and slower revenue growth would weigh on the profit path.
Size and Liquidity Risk
Market capitalisation stands at Rs 5,070 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 Sharda Motor Industries stock price target.
Balance Sheet Risk
Debt to equity of 0.04 means borrowings stand at about 4% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the Sharda Motor Industries share price forecast.
Technical Risk
The daily indicators read bearish, so the targets above may need a technical turn before the price follows earnings. A daily close below Rs 700.00 (52-week low) would weaken the setup further.
Conclusion
This Sharda Motor Industries stock analysis puts the share price target range for 2027 at Rs 957 to Rs 1,246, with a base case of Rs 1,020 against Rs 872.30 today. The inputs are a PE of 15.27 that sits at a 58.7% discount to the industry average, EPS growth of 9.7% in FY26 and a daily technical setup that reads 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.
Download the Univest iOS App or Univest Android App to track Sharda Motor Industries live price and get daily stock recommendations.
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 Sharda Motor Industries Share Price Prediction 2027
What is the Sharda Motor Industries share price target for 2027?
Ans. The Sharda Motor Industries share price forecast for 2027 has a conservative case of Rs 957, a base case of Rs 1,020 and a bull case of Rs 1,246. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.
What is the Sharda Motor Industries share price today?
Ans. Sharda Motor Industries trades at Rs 872.30 on NSE as of 9 October 2026, down 1.37% on the day. The 52-week range is Rs 700.00 to Rs 1,189.90.
Is Sharda Motor Industries a good stock to buy for 2027?
Ans. The data points in different directions: the PE of 15.27 is at a 58.7% discount to the industry average, EPS grew 9.7% in FY26 and the daily technical setup reads bearish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.
Can Sharda Motor Industries stock reach Rs 1,246 in 2027?
Ans. Reaching Rs 1,246 needs EPS to rise 24.2% from Rs 57.83 and the PE multiple to re-rate toward the industry PE of 37.01, plus a daily close above Rs 900.05 (200-day EMA). This is a scenario, not a guarantee.
What are the support and resistance levels for Sharda Motor Industries?
Ans. The nearest support levels are Rs 700.00 (52-week low), and the nearest resistance levels are Rs 900.05 (200-day EMA) and Rs 915.20 (50-day SMA).
What are the main risks for Sharda Motor Industries stock in 2027?
Ans. The main risks to the Sharda Motor Industries share price forecast are a fall in operating margin from the 10.87% to 17.00% range seen since FY22, slower revenue growth after FY26 revenue was up 19.3%, and thin trading volumes. Debt to equity of 0.04 adds balance sheet sensitivity.
How is the Sharda Motor 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 9.7% growth, the base case 16.9% and the bull case 24.2%, all drawn from the company's reported FY26 and 4-year EPS growth.
Recent Articles

Birla Corporation Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
9 October 2026

Bharat Heavy Electricals Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
9 October 2026

Bharti Airtel Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
9 October 2026

Belrise Industries Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
9 October 2026
Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.
Reviews
Recent Posts
Birla Corporation Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
Bharat Heavy Electricals Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
Bharti Airtel Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
Belrise Industries Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
Bharat Electronics Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
Popular this week
Aurobindo Pharma Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

Uniresearch Global Pvt Ltd
Research Analyst
SEBI Registration Number — INH000013776
Uniresearch is a subsidiary of Univest Communication Technologies Private Limited
Company Address: Registered Address: Ground Floor, Unitech Commercial Tower 2, Block B, Greenwood City, Unit 1-3, Sector 45, Gurugram, Haryana 122003
Write to us : support@univest.in, compliance@univest.in
Verify on SEBI registry →RESEARCH ANALYST
Get SEBI Registered
advice on the stocks
trending today.
Get 3 FREE Trade Ideas
for Startups Accelerator 2024
Trusted by 1Cr Indians
Awarded No.1 by Economic Times





