NSE:NAM.INDIA Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, NSE:NAM.INDIA stock has a consensus rating of "Buy" and an average price target of ₹1,095. The average 1-year stock price forecast is 7.71% lower than the current stock price, while the lowest is ₹880.00 (-25.86%) and the highest is ₹1,216 (+2.45%).

Price Target: ₹1,095 (-7.71%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹880.00	₹1,095	₹1,110	₹1,216
Change	-25.86%	-7.71%	-6.48%	+2.45%

* Price targets were last updated on Feb 2, 2026.

Analyst Ratings

The average analyst rating for NSE:NAM.INDIA 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	13	13	12	13	13	13
Buy	5	5	5	6	6	6
Hold	3	3	3	4	4	4
Sell	1	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	22	22	21	23	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst ICICI Securities No rating	ICICI Securities	Buy Maintains ₹1,020	Buy	Maintains	₹1,020	-14.06%	Feb 2, 2026

Financial Forecast

Revenue This Year

33.96B

from 29.33B

15.77%

from 29.33B

Revenue Next Year

39.83B

from 33.96B

17.29%

from 33.96B

EPS This Year

28.06

from 23.63

18.75%

from 23.63

EPS Next Year

33.18

from 28.06

18.23%

from 28.06

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	15.36B	15.17B	20.37B	25.21B	29.33B	33.96B
Revenue Growth	8.19%	-1.24%	34.34%	23.73%	16.36%	15.77%
Operating Income	9.93B	9.32B	13.58B	17.01B	19.79B	20.77B
Net Income	7.44B	7.23B	11.07B	12.86B	15.29B	17.97B
EPS	-	-	-	-	23.63	28.06
EPS Growth	-	-	-	-	21.24%	18.75%
Forward PE	27.21	16.70	27.64	25.99	28.96	42.30
Dividend / Share	11.00	11.50	16.50	18.00	21.50	24.61
Dividend Growth	-	4.55%	43.48%	9.09%	19.44%	14.48%
Free Cash Flow	6.30B	5.51B	8.42B	6.67B	13.02B	16.94B
No. Analysts	-	-	-	-	-	16

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

Revenue Forecast

Revenue	2027	2028	2029
High	36.6B
Avg	34.0B
Low	30.8B

Revenue Growth

Revenue Growth	2027	2028	2029
High	24.9%
Avg	15.8%
Low	4.9%

EPS Forecast

EPS	2027	2028	2029
High	32.40
Avg	28.06
Low	24.00

EPS Growth

EPS Growth	2027	2028	2029
High	37.1%
Avg	18.8%
Low	1.6%