Rubicon Research Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, Rubicon Research stock has a consensus rating of "Strong Buy" and an average price target of ₹1,175. The average 1-year stock price forecast is 13.07% lower than the current stock price, while the lowest is ₹1,160 (-14.18%) and the highest is ₹1,190 (-11.96%).

Price Target: ₹1,175 (-13.07%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	₹1,160	₹1,175	₹1,175	₹1,190
Change	-14.18%	-13.07%	-13.07%	-11.96%

Analyst Ratings

The average analyst rating for Rubicon Research 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	Oct '25	Nov '25	Jan '26	Feb '26	Apr '26	Jun '26
Strong Buy	1	1	2	2	2	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tushar Manudhane Motilal Oswal	Motilal Oswal	Buy Reiterates ₹955.00 → ₹1,160	Buy	Reiterates	₹955.00 → ₹1,160	-14.18%	May 30, 2026

Financial Forecast

Revenue This Year

23.17B

from 17.54B

32.09%

from 17.54B

Revenue Next Year

28.46B

from 23.17B

22.85%

from 23.17B

EPS This Year

20.65

from 15.31

34.88%

from 15.31

EPS Next Year

27.80

from 20.65

34.62%

from 20.65

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	3.14B	3.94B	8.54B	12.84B	17.54B	23.17B
Revenue Growth	-0.37%	25.50%	116.99%	50.40%	36.57%	32.09%
Gross Profit	2.29B	2.67B	5.68B	8.95B	11.98B	15.64B
Gross Margin	73.10%	67.97%	66.46%	69.69%	68.30%	67.50%
Operating Income	-731.74M	-176.28M	1.19B	2.19B	3.55B	4.61B
Net Income	-671.18M	-168.88M	910.12M	1.34B	2.47B	3.41B
EPS	-	-	-	-	15.31	20.65
EPS Growth	-	-	-	-	-	34.88%
Forward PE	-	-	-	-	41.94	65.45
Dividend / Share	0.02	0.02	0.02	0.02	1.50	1.90
Dividend Growth	-	-	19.76%	-	7,400.00%	26.67%
Free Cash Flow	-1.02B	-1.20B	-940.42M	394.33M	-982.72M	923.50M
No. Analysts	-	-	-	-	-	2

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

Revenue Forecast

Revenue	2027	2028	2029
High	23.4B
Avg	23.2B
Low	22.9B

Revenue Growth

Revenue Growth	2027	2028	2029
High	33.7%
Avg	32.1%
Low	30.5%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	20.65
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	34.9%
Low	-