Indoco Remedies Limited (NSE:INDOCO)

Indoco Remedies Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Indoco Remedies stock has a consensus rating of "Hold" and an average price target of ₹276.25. The average 1-year stock price forecast is 17.56% higher than the current stock price, while the lowest is ₹250.00 (+6.39%) and the highest is ₹325.00 (+38.30%).

Price Target: ₹276.25 (+17.56%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	₹250.00	₹276.25	₹265.00	₹325.00
Change	+6.39%	+17.56%	+12.77%	+38.30%

Analyst Ratings

The average analyst rating for Indoco Remedies stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '25	Oct '25	Nov '25	Jan '26	Feb '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	1	1	1	1
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	1
Strong Sell	2	2	1	1	1	0
Total	4	4	4	4	4	4

Financial Forecast

Revenue This Year

21.09B

Increased by 14.29%

from 18.45B

Revenue Next Year

23.78B

Increased by 12.73%

from 21.09B

EPS This Year

7.85

from -10.39

EPS Next Year

13.60

Increased by 73.25%

from 7.85

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	15.41B	16.69B	18.17B	16.65B	18.45B	21.09B
Revenue Growth	24.10%	8.30%	8.91%	-8.38%	10.84%	14.29%
Gross Profit	10.46B	11.03B	11.97B	11.09B	13.04B	14.89B
Gross Margin	67.90%	66.08%	65.86%	66.63%	70.64%	70.60%
Operating Income	2.51B	2.17B	1.53B	-138.50M	153.50M	1.83B
Net Income	1.55B	1.42B	984.60M	-737.37M	-951.50M	721.00M
EPS	-	-	-	-	-10.39	7.85
Forward PE	17.78	14.54	19.78	76.48	56.43	29.94
Dividend / Share	1.50	2.25	1.50	0.20	0.20	0.73
Dividend Growth	-	50.00%	-33.33%	-86.67%	-	266.67%
Free Cash Flow	-138.73M	-855.72M	-3.34B	-2.92B	-941.67M	2.27B
No. Analysts	-	-	-	-	-	2

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

Revenue Forecast

Revenue	2027	2028
High	21.2B
Avg	21.1B
Low	20.9B

Revenue Growth

Revenue Growth	2027	2028
High	15.1%
Avg	14.3%
Low	13.5%

EPS Forecast

EPS	2027	2028
High	8.10
Avg	7.85
Low	7.60

EPS Growth

EPS Growth	2027	2028
High	-
Avg	-
Low	-

Data Source: S&P Global Market Intelligence

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Price targets and consensus ratings update every hour to every three days.

Data Sources Report a data error