NSE:ELLEN Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, NSE:ELLEN stock has a consensus rating of "Strong Buy" and an average price target of ₹332.50. The average 1-year stock price forecast is 20.54% higher than the current stock price, while the lowest is ₹330.00 (+19.63%) and the highest is ₹335.00 (+21.44%).

Price Target: ₹332.50 (+20.54%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	₹330.00	₹332.50	₹332.50	₹335.00
Change	+19.63%	+20.54%	+20.54%	+21.44%

* Price targets were last updated on Feb 3, 2026.

Analyst Ratings

The average analyst rating for NSE:ELLEN stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Oct '25	Nov '25	Jan '26	Feb '26	Apr '26	May '26
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Motilal Oswal No rating	Motilal Oswal	Buy Maintains ₹350.00	Buy	Maintains	₹350.00	+26.88%	Feb 3, 2026

Financial Forecast

Revenue This Year

4.80B

from 3.42B

40.43%

from 3.42B

Revenue Next Year

6.05B

from 4.80B

26.07%

from 4.80B

EPS This Year

9.75

from 7.54

29.31%

from 7.54

EPS Next Year

12.00

from 9.75

23.08%

from 9.75

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	2.45B	2.05B	2.69B	3.12B	3.42B	4.80B
Revenue Growth	39.64%	-16.14%	31.38%	15.96%	9.31%	40.43%
Gross Profit	1.44B	1.02B	1.35B	1.98B	2.28B	4.24B
Gross Margin	59.07%	49.77%	50.06%	63.28%	66.83%	88.40%
Operating Income	689.31M	222.09M	515.17M	890.20M	947.35M	1.43B
Net Income	671.55M	281.42M	452.89M	832.89M	1.04B	1.37B
EPS	-	-	-	-	7.54	9.75
EPS Growth	-	-	-	-	-	29.31%
Forward PE	-	-	-	-	20.34	28.29
Free Cash Flow	64.11M	-766.44M	-538.90M	-376.98M	-888.93M	-1.78B
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	5.2B
Avg	4.8B
Low	4.4B

Revenue Growth

Revenue Growth	2027	2028	2029
High	52.6%
Avg	40.4%
Low	28.3%

EPS Forecast

EPS	2027	2028	2029
High	10.30
Avg	9.75
Low	9.20

EPS Growth

EPS Growth	2027	2028	2029
High	36.6%
Avg	29.3%
Low	22.0%