NSE:SONACOMS Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, NSE:SONACOMS stock has a consensus rating of "Buy" and an average price target of ₹632.13. The average 1-year stock price forecast is 5.86% lower than the current stock price, while the lowest is ₹495.00 (-26.28%) and the highest is ₹720.00 (+7.22%).

Price Target: ₹632.13 (-5.86%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹495.00	₹632.13	₹660.00	₹720.00
Change	-26.28%	-5.86%	-1.71%	+7.22%

* Price targets were last updated on May 5, 2026.

Analyst Ratings

The average analyst rating for NSE:SONACOMS 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	6	7	7	5	5	5
Buy	4	4	4	4	4	4
Hold	4	2	2	2	2	3
Sell	0	0	0	1	1	1
Strong Sell	1	1	1	2	2	2
Total	15	14	14	14	14	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Amyn Pirani J.P. Morgan	J.P. Morgan	Sell Downgrades ₹495.00	Sell	Downgrades	₹495.00	-26.28%	May 5, 2026
Nitij Mangal Jefferies	Jefferies	Buy Maintains ₹700.00	Buy	Maintains	₹700.00	+4.24%	May 4, 2026
Unknown Analyst Motilal Oswal No rating	Motilal Oswal	Hold Maintains ₹488.00	Hold	Maintains	₹488.00	-27.33%	Jan 24, 2026

Financial Forecast

Revenue This Year

54.53B

from 44.49B

22.56%

from 44.49B

Revenue Next Year

64.30B

from 54.53B

17.91%

from 54.53B

EPS This Year

12.98

from 10.91

18.93%

from 10.91

EPS Next Year

15.88

from 12.98

22.37%

from 12.98

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	21.10B	26.55B	31.85B	35.46B	44.49B	54.53B
Revenue Growth	34.69%	25.85%	19.95%	11.34%	25.48%	22.56%
Gross Profit	11.17B	13.79B	17.52B	19.38B	22.68B	28.66B
Gross Margin	52.93%	51.95%	55.01%	54.66%	50.97%	52.55%
Operating Income	3.97B	4.97B	6.82B	7.12B	7.94B	10.12B
Net Income	3.62B	3.95B	5.17B	6.01B	6.40B	8.00B
EPS	-	-	-	-	10.91	12.98
EPS Growth	-	-	-	-	7.42%	18.93%
Forward PE	87.53	42.68	58.73	37.69	38.05	51.74
Dividend / Share	1.54	2.81	3.06	3.20	3.40	3.94
Dividend Growth	-	82.47%	8.90%	4.58%	6.25%	15.81%
Free Cash Flow	161.05M	586.97M	3.12B	2.98B	-3.18B	5.57B
No. Analysts	-	-	-	-	-	15

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

Revenue Forecast

Revenue	2027	2028	2029
High	59.2B
Avg	54.5B
Low	52.3B

Revenue Growth

Revenue Growth	2027	2028	2029
High	33.0%
Avg	22.6%
Low	17.6%

EPS Forecast

EPS	2027	2028	2029
High	13.74
Avg	12.98
Low	12.04

EPS Growth

EPS Growth	2027	2028	2029
High	25.9%
Avg	18.9%
Low	10.3%