Case study

HIKAL

HIKAL LIMITED

Tread carefully1y model +1.7%

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

33Score

HIKAL LIMITED (HIKAL) Stock Analysis & Case Study

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

HIKAL LIMITED (HIKAL) trades at ₹227,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.

On the numbers, HIKAL LIMITED (HIKAL) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 66.0× earnings, ROE of 3.0%, a 52% 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.

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

Market cap
₹2,801 Cr
Current price
₹227
P/E ratio
66.0×
P/B ratio
2.34×
Book value
₹97
Dividend yield
0.09%
ROCE
3.5%
ROE
3.0%
Piotroski F-Score
4/8

How HIKAL ranks against the 2,373 companies in our screener

Is HIKAL overvalued? HIKAL P/E vs peers

HIKAL trades at 66.0× 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.

HIKAL 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 HIKAL history (6%/yr drift, 43%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
HIKAL 2027₹134₹231₹399+2%
HIKAL 2028₹108₹235₹510+3%
HIKAL 2029₹93₹239₹616+5%
HIKAL 2030₹83₹243₹713+7%
HIKAL 2031₹74₹247₹826+9%

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

What is the probability HIKAL goes up, or doubles?

52%
Higher in 1 year
Modelled chance the price is above today in 12 months
53%
Higher in 5 years
Modelled chance the price is above today in 5 years
26%
Doubles in 5 years
Modelled chance of reaching ₹454 within 5 years

The bull case for HIKAL

  • HIKAL LIMITED is part of the nifty500 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹616.

The bear case & risks

  • HIKAL's P/E of 66.0x is lower than 19% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • HIKAL's return on equity of 3.0% ranks in the 23rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹93.

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

Over the last 9.8 years HIKAL compounded at 6%/year with annualized volatility of 43%. That volatility implies a 1-year 80% range of ₹134-₹399, the honest backbone behind any single price target.

HIKAL 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)
1.7%
80% range₹134-₹399
P(price ↑)52%
P(price 2×)6%
3-Year Forecast
2029
₹0
Median (P50)
5.2%
80% range₹93-₹616
P(price ↑)53%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
8.9%
80% range₹74-₹826
P(price ↑)53%
P(price 2×)26%

HIKAL price probability fan

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

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

Probability of key outcomes

What are the odds HIKAL 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 HIKAL price target & forecast page.

HIKAL Piotroski F-Score: 4/8, how financially strong is it?

4/8

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. HIKAL scores 4/8, mixed financial health.

HIKAL MTF margin & leverage across 10 brokers

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

BrokerMargin requiredApprox. leverage
Upstox35.49%2.8×
Zerodha35.48%2.8×
Groww35.49%2.8×
Dhan40.00%2.5×
Kotak NeoCHEAPEST35.46%2.8×
Paytm Money35.59%2.8×
Pocketful35.56%2.8×
Anand Rathi35.48%2.8×
Bajaj Broking36.00%2.8×
Share IndiaCHEAPEST35.46%2.8×

Compare every broker on the HIKAL MTF page.

About HIKAL LIMITED: sector, index & market-cap context

HIKAL LIMITED (HIKAL) is a small-cap NSE-listed company, with a market capitalisation of ₹2,801 Cr. See more stocks on our screener.

How the HIKAL Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of HIKAL 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.

HIKAL analysis, FAQs

Is HIKAL LIMITED (HIKAL) a good buy?

On the numbers, HIKAL LIMITED (HIKAL) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 66.0× earnings, ROE of 3.0%, a 52% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is HIKAL overvalued or undervalued?

HIKAL trades at 66.0× earnings, expensive versus the ~22× long-run Nifty average.

What is the HIKAL share price target for 2031?

HIKAL's probability-weighted 2031 median target is ₹247, with an 80% range of ₹74-₹826 (10,000-path Monte-Carlo).

What is the probability HIKAL doubles in 5 years?

The modelled probability of HIKAL reaching ₹454 (2×) within 5 years is 26%.

What is the bull case for HIKAL?

HIKAL LIMITED is part of the nifty500 universe with live, tracked fundamentals on Downstox.

What are the risks in HIKAL?

HIKAL's P/E of 66.0x is lower than 19% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. HIKAL's return on equity of 3.0% ranks in the 23rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on HIKAL