Southern Petrochemical Industries Share Price Target 2027: 21.6% Upside to Rs 71.5

Investors weighing a Southern Petrochemical Industries target price for 2027 should start with where the stock sits today. At Rs 58.78 on 6 November 2026, it is 37.4% below its 52-week high of Rs 93.88 and 9.2% above its 52-week low of Rs 53.83. That range spans 74% from low to high, so the entry point matters as much as the Southern Petrochemical Industries price forecast itself.

This article builds the Southern Petrochemical Industries 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 states its assumptions, so you can trace how the base case, the bull case and the downside risk level were reached and test them against your own view.

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Southern Petrochemical Industries Stock Analysis: Company Overview and Key Stats

Southern Petrochemical Industries (NSE: SPIC) has a market capitalisation of Rs 1,212 crore. In FY26 it reported revenue of Rs 3,015 crore and net profit of Rs 211.48 crore. The table collects the figures the Southern Petrochemical Industries share price target is built on.

Metric	Value
Company	Southern Petrochemical Industries
NSE Ticker	SPIC
CMP (6 November 2026)	Rs 58.78
52-Week High	Rs 93.88
52-Week Low	Rs 53.83
Market Cap	Rs 1,212 crore
PE Ratio (TTM)	5.92
Industry PE	23.34
Price to Book	0.88
Return on Equity	15.44%
Debt to Equity	0.51
EPS (TTM)	Rs 10.06
Dividend Yield	3.36%
12-Month Base Target	Rs 71.5
Bull Case	Rs 85.7
Downside Risk Level (not a target)	Rs 47.7

Why Is Southern Petrochemical Industries Share Price Target Set at Rs 71.5 for 2027?

The arithmetic is short. Trailing EPS of Rs 10.06 grown for one year gives a forward EPS estimate of Rs 12.07, and multiplying it by the unchanged PE of 5.92 gives the Rs 71.5 base-case Southern Petrochemical Industries stock target. 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 Southern Petrochemical Industries Target Price: Five Years of Results

Southern Petrochemical Industries grew revenue from Rs 1,892 crore in FY22 to Rs 3,015 crore in FY26, a compound annual growth rate of 12.4%. Net profit grew more slowly, from Rs 163.34 crore to Rs 211.48 crore (6.7% 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	1,891.54	163.34	8.75	0.50
FY23	2,849.45	300.71	14.77	1.50
FY24	1,962.16	113.06	5.55	1.50
FY25	3,100.25	155.62	7.64	2.00
FY26	3,015.10	211.48	10.39	2.00

FY26 revenue growth was -2.7%, slower than the four-year average of 12.4%, and net profit moved up 35.9%. EPS rose from Rs 5.55 in FY24 to Rs 10.39 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

Southern Petrochemical Industries converted 7.0% of FY26 revenue into net profit, against 5.0% in FY25, within a five-year range of 5.0% to 10.6%. EBITDA margin was 13.0% in FY26 versus 10.6% in FY25.

In the June 2026 quarter, revenue was Rs 850.29 crore, up 6.5% from the same quarter a year earlier, while net profit of Rs 60.18 crore was down 9.8%. EBITDA came in at Rs 60.27 crore, down 45.6% 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 0.51, and shareholders' equity grew from Rs 693.92 crore in FY22 to Rs 1,370 crore in FY26. Operating cash flow in FY26 was Rs 395.28 crore against capital expenditure of Rs 319.68 crore, leaving free cash flow of Rs 75.60 crore, or 6.2% of the current market capitalisation. In FY25 free cash flow was negative at Rs 290.61 crore, so cash generation has not been steady year to year.

Valuation Check for the Southern Petrochemical Industries Stock Target: PE, Price to Book and ROE

At a PE of 5.92 against an industry PE of 23.34, Southern Petrochemical Industries trades at a discount to its industry. Price to book is 0.88 on a book value of Rs 67.28 per share, and return on equity is 15.44%. A PE of 5.92 equals an earnings yield of 16.9%, and the FY26 dividend of Rs 2.00 per share gives a yield of 3.36%.

Shareholding Pattern and Institutional Holding

Promoters held 53.38% of Southern Petrochemical Industries in September 2026, and promoter holding has stayed near 53.38% since September 2025. Foreign institutional investors (FII) held 4.81% and domestic institutions (DII) held 0.02%, which puts total institutional holding at 4.83%. FII holding fell from 6.08% in September 2025 to 4.81% in September 2026. Public shareholders own the remaining 41.79%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.

Southern Petrochemical Industries Share Price Targets for the Short Term and 12 Months

Short Term Southern Petrochemical Industries Stock Target Levels: Technical Setup

At Rs 58.78 on 6 November 2026, Southern Petrochemical Industries trades below its 50-day simple moving average of Rs 63.50 and below its 200-day exponential moving average of Rs 68.61. The 14-day RSI reads 43.9, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 63.50 (50-day simple moving average) and the nearest support is Rs 53.83 (52-week low). A sustained move above Rs 63.50 would improve the short-term setup, while a close below Rs 53.83 would shift attention to the next support.

12 Month Southern Petrochemical Industries Target Price for 2027

The 12-month target of Rs 71.5 means a move of 21.6% up from Rs 58.78 over the next 12 months. It would still leave the stock 23.8% below its 52-week high of Rs 93.88. Anyone checking the Southern Petrochemical Industries 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 Southern Petrochemical Industries Target Price

EPS Growth	PE 4.74	PE 5.92	PE 6.81
0.0% (EPS Rs 10.06)	Rs 47.7	Rs 59.6	Rs 68.5
20.0% (EPS Rs 12.07)	Rs 57.2	Rs 71.5	Rs 82.2
25.0% (EPS Rs 12.58)	Rs 59.6	Rs 74.5	Rs 85.7

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

Bull Case and Downside Risk for Southern Petrochemical Industries Stock Target in 2027

Bull Case Rs 85.7

The bull case Southern Petrochemical Industries price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 12.58, and a PE multiple that rises 15% to 6.81. That gives Rs 85.7, 45.8% above the current price and below the 52-week high of Rs 93.88.

Downside Risk Level Rs 47.7

The downside risk level is not a target. It assumes EPS stays flat at Rs 10.06 and the PE falls 20% to 4.74. That gives Rs 47.7, 18.8% below the current price and below the 52-week low of Rs 53.83.

Scenario	EPS Growth	PE Multiple	Price (Rs)	Change vs CMP
Bull Case	25.0%	6.81	Rs 85.7	+45.8%
Base Case	20.0%	5.92	Rs 71.5	+21.6%
Downside Risk	0.0%	4.74	Rs 47.7	-18.8%

Key Risks to the Southern Petrochemical Industries Target Price for 2027

Growth Slowdown Risk for the Southern Petrochemical Industries Price Target

Revenue in the June 2026 quarter was up 6.5% year on year, and FY26 revenue growth was -2.7%. If growth slows from here, the EPS estimate behind the Southern Petrochemical Industries stock target will need revising.

Liquidity and Size Risk

Southern Petrochemical Industries has a market capitalisation of Rs 1,212 crore. Institutional holding is 4.83%, and promoters hold 53.38%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.

Valuation and Margin Risk

Net margin was 7.0% in FY26, so a small slip in costs moves profit noticeably. At a PE of 5.92 versus an industry PE of 23.34, a de-rating toward the downside-risk PE of 4.74 would cut the price even if earnings hold.

Market and Technical Risk

Technical indicators add short-term risk: the 14-day RSI is 43.9 and the MACD sits above its signal line. A broad fall in the Nifty 50 or the Sensex can override company fundamentals for weeks at a time. That applies to any Southern Petrochemical Industries stock target, however carefully it is built.

How to Invest in Southern Petrochemical Industries

Start with the live price and volume. Any Southern Petrochemical Industries share price target is only as current as the data behind it, and the data here is as of 6 November 2026, so refresh the Rs 58.78 price before acting on any level.

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

Check Southern Petrochemical Industries fundamentals on the Univest Screener

Then compare the three Southern Petrochemical Industries target price scenarios with your own view. If you expect EPS growth below 20.0%, 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 Southern Petrochemical Industries live price and get daily stock recommendations.

Conclusion

The Southern Petrochemical Industries share price target for 2027 is Rs 71.5 in the base case, with Rs 85.7 as the bull case. The support for that view is arithmetic you can check: EPS grew 36.8% a year over FY24 to FY26, and the stock trades at a PE of 5.92. The risks are equally concrete, including institutional holding of only 4.83% and a downside scenario that cuts the price 19% 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 Southern Petrochemical Industries Share Price Target 2027

What is the Southern Petrochemical Industries share price target for 2027?

Ans. The base-case Southern Petrochemical Industries share price target for 2027 is Rs 71.5, which is 21.6% above the price of Rs 58.78 on 6 November 2026. The bull case is Rs 85.7 and the downside risk level, which is not a target, is Rs 47.7. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.

What is the Southern Petrochemical Industries share price today?

Ans. As of 6 November 2026, 9:49 AM IST, Southern Petrochemical Industries (NSE: SPIC) trades at Rs 58.78, down 1.33% on the day. That is 37.4% below the 52-week high of Rs 93.88 and 9.2% above the 52-week low of Rs 53.83. The market capitalisation of Rs 1,212 crore places it among small-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.

Is Southern Petrochemical Industries a buy or sell at the current price?

Ans. The data points both ways. On the positive side, EPS has grown 36.8% a year over FY24 to FY26 and the base case implies 21.6% upside; on the cautious side, institutional holding is only 4.83%, and the downside risk level of Rs 47.7 is 19% below the current price. Whether Southern Petrochemical Industries fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.

What are the bull case target and downside risk level for Southern Petrochemical Industries shares?

Ans. The bull case in the Southern Petrochemical Industries share price target for 2027 is Rs 85.7, which assumes 25.0% EPS growth and a PE of 6.81, a 15% re-rating from today's multiple. That is 45.8% above the current price and below the 52-week high of Rs 93.88. The downside risk level is Rs 47.7, which assumes flat EPS and a PE of 4.74, 20% lower than today. It sits 18.8% below the current price and below the 52-week low of Rs 53.83, and it marks a risk to watch, not a target.

What are the main risks to the Southern Petrochemical Industries price target?

Ans. Four risks matter most for the Southern Petrochemical Industries share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. With a market capitalisation of Rs 1,212 crore, the stock can move sharply on small volumes, and exits can take longer than entries. Institutional holding is only 4.83%, which can make price moves sharper. A fall to the downside-risk PE of 4.74 would cut the price even if earnings hold.

What is the PE ratio of Southern Petrochemical Industries and how does it compare with the industry?

Ans. The PE ratio of Southern Petrochemical Industries is 5.92, against an industry PE of 23.34, which is a discount to the industry. Price to book is 0.88 and return on equity is 15.44%, and the PE equals an earnings yield of 16.9%. The base case holds the PE unchanged, so the Southern Petrochemical Industries share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.

Who owns Southern Petrochemical Industries, and what is the promoter holding?

Ans. Promoters held 53.38% of Southern Petrochemical Industries in September 2026. FII held 4.81%, DII held 0.02% and the public held 41.79%. Together the two institutional groups hold 4.83%. Shareholding is filed every quarter, so it is worth rechecking after each result.

What were Southern Petrochemical Industries' latest quarterly results?

Ans. In the June 2026 quarter, Southern Petrochemical Industries reported revenue of Rs 850.29 crore (up 6.5% year on year) and net profit of Rs 60.18 crore (down 9.8%). For comparison, FY26 full-year revenue growth was -2.7% and net profit moved up 35.9%. Each new quarter either supports or weakens the EPS growth of 20.0% assumed in the base case.