NSE:HCG Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, NSE:HCG stock has a consensus rating of "Strong Buy" and an average price target of ₹779.56. The average 1-year stock price forecast is 23.23% higher than the current stock price, while the lowest is ₹724.00 (+14.45%) and the highest is ₹920.00 (+45.43%).

Price Target: ₹779.56 (+23.23%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	₹724.00	₹779.56	₹750.00	₹920.00
Change	+14.45%	+23.23%	+18.56%	+45.43%

* Price targets were last updated on Feb 27, 2026.

Analyst Ratings

The average analyst rating for NSE:HCG 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	Nov '25	Dec '25	Jan '26	Feb '26	Apr '26	May '26
Strong Buy	3	3	3	7	8	9
Buy	2	3	3	0	0	0
Hold	1	1	1	0	0	0
Sell	1	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	8	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst ICICI Securities No rating	ICICI Securities	Buy Maintains ₹710.00	Buy	Maintains	₹710.00	+12.24%	Feb 27, 2026
Antu Eapan Thomas Geojit Research	Geojit Research	Buy Upgrades ₹724.00	Buy	Upgrades	₹724.00	+14.45%	Feb 19, 2026
Unknown Analyst Axis Direct No rating	Axis Direct	Buy Maintains ₹750.00	Buy	Maintains	₹750.00	+18.56%	Feb 10, 2026

Financial Forecast

Revenue This Year

29.11B

from 25.45B

14.35%

from 25.45B

Revenue Next Year

33.35B

from 29.11B

14.60%

from 29.11B

EPS This Year

8.72

from 3.59

142.83%

from 3.59

EPS Next Year

14.32

from 8.72

64.20%

from 8.72

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	13.98B	16.94B	19.12B	22.23B	25.45B	29.11B
Revenue Growth	37.93%	21.22%	12.85%	16.25%	14.51%	14.35%
Gross Profit	7.52B	9.20B	10.48B	11.91B	9.25B	21.42B
Gross Margin	53.80%	54.28%	54.78%	53.58%	36.36%	73.58%
Operating Income	795.46M	1.36B	1.55B	1.78B	2.22B	3.15B
Net Income	537.33M	293.49M	481.55M	444.10M	137.60M	1.27B
EPS	-	-	-	-	3.59	8.72
EPS Growth	-	-	-	-	14.39%	142.83%
Forward PE	125.83	47.99	62.39	79.65	65.80	72.53
Free Cash Flow	1.40B	794.84M	689.48M	-139.28M	-1.23B	1.81B
No. Analysts	-	-	-	-	-	10

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

Revenue Forecast

Revenue	2027	2028	2029
High	30.1B
Avg	29.1B
Low	28.2B

Revenue Growth

Revenue Growth	2027	2028	2029
High	18.3%
Avg	14.3%
Low	10.7%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	8.72
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	142.8%
Low	-