Case study

INDNIPPON

India Nippon Electricals Limited

Tread carefully1y model +3.3%

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

39Score

India Nippon Electricals Limited (INDNIPPON) Stock Analysis & Case Study

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

India Nippon Electricals Limited (INDNIPPON) trades at ₹1,166,on the numbers it tread carefully, a Downstox Snapshot Score of 39/100.

On the numbers, India Nippon Electricals Limited (INDNIPPON) tread carefully, a Downstox Snapshot Score of 39/100, weighing premium at 28.9× earnings, ROE of 11.9%, a 53% 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.

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

Market cap
₹2,638 Cr
Current price
₹1,166
P/E ratio
28.9×
P/B ratio
3.21×
Book value
₹363
Dividend yield
1.33%
ROCE
17.0%
ROE
11.9%
Piotroski F-Score
6/8

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

We do not hold a debt-to-equity ratio figure for INDNIPPON, as of 9 Aug 2026, so it is not ranked here.

Is INDNIPPON overvalued? INDNIPPON P/E vs peers

INDNIPPON trades at 28.9× 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.

INDNIPPON 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 INDNIPPON history (18%/yr drift, 37%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
INDNIPPON 2027₹744₹1,204₹1,947+3%
INDNIPPON 2028₹632₹1,243₹2,445+7%
INDNIPPON 2029₹568₹1,284₹2,900+10%
INDNIPPON 2030₹517₹1,325₹3,397+14%
INDNIPPON 2031₹483₹1,368₹3,879+17%

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

What is the probability INDNIPPON goes up, or doubles?

53%
Higher in 1 year
Modelled chance the price is above today in 12 months
58%
Higher in 5 years
Modelled chance the price is above today in 5 years
26%
Doubles in 5 years
Modelled chance of reaching ₹2,332 within 5 years

The bull case for INDNIPPON

  • India Nippon Electricals Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹2,900.

The bear case & risks

  • INDNIPPON's P/E of 28.9x is lower than 48% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • INDNIPPON's return on equity of 11.9% ranks in the 59th 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 ₹568.

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

Over the last 9.8 years INDNIPPON compounded at 18%/year with annualized volatility of 37%. That volatility implies a 1-year 80% range of ₹744-₹1,947, the honest backbone behind any single price target.

INDNIPPON 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)
3.3%
80% range₹744-₹1,947
P(price ↑)53%
P(price 2×)4%
3-Year Forecast
2029
₹0
Median (P50)
10.1%
80% range₹568-₹2,900
P(price ↑)56%
P(price 2×)18%
5-Year Forecast
2031
₹0
Median (P50)
17.4%
80% range₹483-₹3,879
P(price ↑)58%
P(price 2×)26%

INDNIPPON price probability fan

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

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

Probability of key outcomes

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

INDNIPPON 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. INDNIPPON scores 6/8, mixed financial health.

INDNIPPON MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy INDNIPPON with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
ZerodhaCHEAPEST33.88%3.0×
Groww33.97%2.9×
Dhan40.00%2.5×
Kotak Neo100.00%1.0×
Paytm Money34.30%2.9×
Pocketful34.30%2.9×
Fyers50.00%2.0×
Anand RathiCHEAPEST33.88%3.0×
Bajaj Broking50.00%2.0×
Share India33.93%2.9×

Compare every broker on the INDNIPPON MTF page.

About India Nippon Electricals Limited: sector, index & market-cap context

India Nippon Electricals Limited (INDNIPPON) is a small-cap NSE-listed company, with a market capitalisation of ₹2,638 Cr. See more stocks on our screener.

How the INDNIPPON Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of India Nippon Electricals 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.

INDNIPPON analysis, FAQs

Is India Nippon Electricals Limited (INDNIPPON) a good buy?

On the numbers, India Nippon Electricals Limited (INDNIPPON) tread carefully, a Downstox Snapshot Score of 39/100, weighing premium at 28.9× earnings, ROE of 11.9%, a 53% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is INDNIPPON overvalued or undervalued?

INDNIPPON trades at 28.9× earnings, premium versus the ~22× long-run Nifty average.

What is the INDNIPPON share price target for 2031?

INDNIPPON's probability-weighted 2031 median target is ₹1,368, with an 80% range of ₹483-₹3,879 (10,000-path Monte-Carlo).

What is the probability INDNIPPON doubles in 5 years?

The modelled probability of INDNIPPON reaching ₹2,332 (2×) within 5 years is 26%.

What is the bull case for INDNIPPON?

India Nippon Electricals Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.

What are the risks in INDNIPPON?

INDNIPPON's P/E of 28.9x is lower than 48% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. INDNIPPON's return on equity of 11.9% ranks in the 59th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on INDNIPPON