NSE:IKS Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, NSE:IKS stock has a consensus rating of "Buy" and an average price target of ₹1,898. The average 1-year stock price forecast is 0.29% lower than the current stock price, while the lowest is ₹1,670 (-12.26%) and the highest is ₹2,070 (+8.75%).

Price Target: ₹1,898 (-0.29%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹1,670	₹1,898	₹1,940	₹2,070
Change	-12.26%	-0.29%	+1.92%	+8.75%

* Price targets were last updated on May 15, 2026.

Analyst Ratings

The average analyst rating for NSE:IKS stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	5	5	5	5	5	5
Buy	2	2	2	2	2	2
Hold	2	2	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	9	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Akshat Agarwal Jefferies	Jefferies	Buy Maintains ₹1,950	Buy	Maintains	₹1,950	+2.45%	May 15, 2026
Ankur Rudra J.P. Morgan	J.P. Morgan	Hold Maintains ₹1,500	Hold	Maintains	₹1,500	-21.19%	Mar 25, 2026

Financial Forecast

Revenue This Year

37.98B

from 31.94B

18.91%

from 31.94B

Revenue Next Year

43.47B

from 37.98B

14.46%

from 37.98B

EPS This Year

48.23

from 42.26

14.13%

from 42.26

EPS Next Year

58.79

from 48.23

21.88%

from 48.23

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	7.64B	10.31B	18.18B	26.64B	31.94B	37.98B
Revenue Growth	38.20%	35.05%	76.28%	46.54%	19.89%	18.91%
Gross Profit	3.83B	5.30B	8.47B	11.58B	15.65B	18.99B
Gross Margin	50.13%	51.43%	46.60%	43.47%	49.00%	50.00%
Operating Income	2.74B	3.92B	4.77B	6.57B	9.67B	11.17B
Net Income	2.33B	3.05B	3.70B	4.86B	7.22B	8.47B
EPS	-	-	-	-	42.26	48.23
EPS Growth	-	-	-	-	47.66%	14.13%
Forward PE	-	-	-	-	26.99	39.46
Dividend / Share	54.50	10.00	10.00	-	-	5.00
Free Cash Flow	2.09B	2.32B	3.40B	1.42B	8.81B	7.34B
No. Analysts	-	-	-	-	-	6

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

Revenue Forecast

Revenue	2027	2028	2029
High	39.7B
Avg	38.0B
Low	34.7B

Revenue Growth

Revenue Growth	2027	2028	2029
High	24.3%
Avg	18.9%
Low	8.8%

EPS Forecast

EPS	2027	2028	2029
High	54.00
Avg	48.23
Low	35.70

EPS Growth

EPS Growth	2027	2028	2029
High	27.8%
Avg	14.1%
Low	-15.5%