Lupin Stock Forecast

Stock Price Forecast

According to 37 analysts polled by S&P Global, Lupin stock has a consensus rating of "Buy" and an average price target of ₹2,467. The average 1-year stock price forecast is 8.79% higher than the current stock price, while the lowest is ₹1,800 (-20.61%) and the highest is ₹2,900 (+27.91%).

Price Target: ₹2,467 (+8.79%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹1,800	₹2,467	₹2,520	₹2,900
Change	-20.61%	+8.79%	+11.15%	+27.91%

* Price targets were last updated on Feb 16, 2026.

Analyst Ratings

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

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	18	16	16	15	10	10
Buy	8	10	10	10	10	10
Hold	8	8	8	7	11	11
Sell	1	1	1	2	1	1
Strong Sell	2	2	2	2	5	5
Total	37	37	37	36	37	37

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Axis Direct No rating	Axis Direct	Buy Maintains ₹2,460	Buy	Maintains	₹2,460	+8.50%	Feb 16, 2026

Financial Forecast

Revenue This Year

296.47B

from 279.58B

6.04%

from 279.58B

Revenue Next Year

312.22B

from 296.47B

5.31%

from 296.47B

EPS This Year

100.81

from 128.11

-21.31%

from 128.11

EPS Next Year

101.84

from 100.81

1.03%

from 100.81

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	164.05B	166.42B	200.11B	227.08B	279.58B	296.47B
Revenue Growth	8.19%	1.44%	20.24%	13.48%	23.12%	6.04%
Gross Profit	95.05B	94.10B	128.99B	153.27B	206.32B	212.83B
Gross Margin	57.94%	56.54%	64.46%	67.50%	73.79%	71.79%
Operating Income	12.58B	8.52B	27.76B	41.59B	68.97B	60.50B
Net Income	-15.28B	4.30B	19.14B	32.82B	53.33B	45.98B
EPS	-	-	-	-	128.11	100.81
EPS Growth	-	-	-	-	78.70%	-21.31%
Forward PE	-	-	-	-	-	22.49
Dividend / Share	4.00	4.00	8.00	12.00	18.00	13.06
Dividend Growth	-	-	100.00%	50.00%	50.00%	-27.43%
Free Cash Flow	9.34B	671.65M	18.77B	-6.14B	49.26B	35.81B
No. Analysts	-	-	-	-	-	36

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

Revenue Forecast

Revenue	2027	2028	2029
High	318.4B
Avg	296.5B
Low	271.0B

Revenue Growth

Revenue Growth	2027	2028	2029
High	13.9%
Avg	6.0%
Low	-3.1%

EPS Forecast

EPS	2027	2028	2029
High	114.50
Avg	100.81
Low	89.40

EPS Growth

EPS Growth	2027	2028	2029
High	-10.6%
Avg	-21.3%
Low	-30.2%