Case study

FIEMIND

FIEM INDUSTRIES LIMITED

Worth a closer look1y model +6.6%

Each stock's 10,000-path forecast, rendered as light.

58Score

FIEM INDUSTRIES LIMITED (FIEMIND) Stock Analysis & Case Study

Is FIEMIND a good buy? The data-driven verdict.

FIEM INDUSTRIES LIMITED (FIEMIND) trades at ₹2,580,on the numbers it worth a closer look, a Downstox Snapshot Score of 58/100.

On the numbers, FIEM INDUSTRIES LIMITED (FIEMIND) worth a closer look, a Downstox Snapshot Score of 58/100, weighing premium at 26.7× earnings, ROE of 22.6%, a 58% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

FIEMIND fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹6,791 Cr
Current price
₹2,580
P/E ratio
26.7×
P/B ratio
5.58×
Book value
₹462
Dividend yield
1.55%
ROCE
29.3%
ROE
22.6%
Piotroski F-Score
6/8

How FIEMIND ranks against the 2,371 companies in our screener

Is FIEMIND overvalued? FIEMIND P/E vs peers

FIEMIND trades at 26.7× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

FIEMIND share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of FIEMIND history (17%/yr drift, 35%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
FIEMIND 2027₹1,759₹2,752₹4,304+7%
FIEMIND 2028₹1,566₹2,934₹5,500+14%
FIEMIND 2029₹1,444₹3,129₹6,781+21%
FIEMIND 2030₹1,369₹3,337₹8,138+29%
FIEMIND 2031₹1,317₹3,559₹9,615+38%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability FIEMIND goes up, or doubles?

58%
Higher in 1 year
Modelled chance the price is above today in 12 months
66%
Higher in 5 years
Modelled chance the price is above today in 5 years
32%
Doubles in 5 years
Modelled chance of reaching ₹5,161 within 5 years

The bull case for FIEMIND

  • FIEMIND's return on equity of 22.6% ranks in the 88th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
  • FIEMIND's return on capital employed of 29.3% ranks in the 91st percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹6,781.

The bear case & risks

  • FIEMIND's P/E of 26.7x is lower than 50% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹1,444.

FIEMIND volatility & expected range, how bumpy is the ride?

Over the last 9.8 years FIEMIND compounded at 17%/year with annualized volatility of 35%. That volatility implies a 1-year 80% range of ₹1,759-₹4,304, the honest backbone behind any single price target.

FIEMIND price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
6.6%
80% range₹1,759-₹4,304
P(price ↑)58%
P(price 2×)4%
3-Year Forecast
2029
₹0
Median (P50)
21.3%
80% range₹1,444-₹6,781
P(price ↑)63%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
37.9%
80% range₹1,317-₹9,615
P(price ↑)66%
P(price 2×)32%

FIEMIND price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
FIEMIND simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds FIEMIND hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the FIEMIND price target & forecast page.

FIEMIND Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. FIEMIND scores 6/8, mixed financial health.

FIEMIND MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy FIEMIND with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
Zerodha31.75%3.1×
Groww31.70%3.2×
Dhan31.75%3.1×
Kotak Neo31.65%3.2×
Paytm Money31.70%3.2×
Pocketful31.69%3.2×
Anand Rathi31.75%3.1×
Bajaj Broking40.00%2.5×
Share IndiaCHEAPEST31.36%3.2×

Compare every broker on the FIEMIND MTF page.

About FIEM INDUSTRIES LIMITED: sector, index & market-cap context

FIEM INDUSTRIES LIMITED (FIEMIND) is a small-cap NSE-listed company, with a market capitalisation of ₹6,791 Cr. See more stocks on our screener.

How the FIEMIND Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of FIEM INDUSTRIES LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

FIEMIND analysis, FAQs

Is FIEM INDUSTRIES LIMITED (FIEMIND) a good buy?

On the numbers, FIEM INDUSTRIES LIMITED (FIEMIND) worth a closer look, a Downstox Snapshot Score of 58/100, weighing premium at 26.7× earnings, ROE of 22.6%, a 58% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is FIEMIND overvalued or undervalued?

FIEMIND trades at 26.7× earnings, premium versus the ~22× long-run Nifty average.

What is the FIEMIND share price target for 2031?

FIEMIND's probability-weighted 2031 median target is ₹3,559, with an 80% range of ₹1,317-₹9,615 (10,000-path Monte-Carlo).

What is the probability FIEMIND doubles in 5 years?

The modelled probability of FIEMIND reaching ₹5,161 (2×) within 5 years is 32%.

What is the bull case for FIEMIND?

FIEMIND's return on equity of 22.6% ranks in the 88th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026. FIEMIND's return on capital employed of 29.3% ranks in the 91st percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.

What are the risks in FIEMIND?

FIEMIND's P/E of 26.7x is lower than 50% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.

More on FIEMIND