Case study

INOXINDIA

INOX INDIA LIMITED

Mixed signals1y model +6.4%

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

52Score

INOX INDIA LIMITED (INOXINDIA) Stock Analysis & Case Study

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

INOX INDIA LIMITED (INOXINDIA) trades at ₹1,955,on the numbers it mixed signals, a Downstox Snapshot Score of 52/100.

On the numbers, INOX INDIA LIMITED (INOXINDIA) mixed signals, a Downstox Snapshot Score of 52/100, weighing expensive at 69.0× earnings, ROE of 26.1%, a 57% 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.

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

Market cap
₹17,742 Cr
Current price
₹1,955
P/E ratio
69.0×
P/B ratio
15.89×
Book value
₹123
Dividend yield
0.10%
ROCE
33.5%
ROE
26.1%
Piotroski F-Score
6/8

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

Is INOXINDIA overvalued? INOXINDIA P/E vs peers

INOXINDIA trades at 69.0× 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.

INOXINDIA 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 2.6y of INOXINDIA history (28%/yr drift, 33%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
INOXINDIA 2027₹1,367₹2,080₹3,167+6%
INOXINDIA 2028₹1,214₹2,214₹4,040+13%
INOXINDIA 2029₹1,125₹2,357₹4,939+21%
INOXINDIA 2030₹1,080₹2,509₹5,825+28%
INOXINDIA 2031₹1,028₹2,670₹6,937+37%

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

What is the probability INOXINDIA goes up, or doubles?

57%
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
30%
Doubles in 5 years
Modelled chance of reaching ₹3,909 within 5 years

The bull case for INOXINDIA

  • INOXINDIA's return on equity of 26.1% ranks in the 91st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • INOXINDIA's return on capital employed of 33.5% ranks in the 94th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹4,939.

The bear case & risks

  • INOXINDIA's P/E of 69.0x is lower than 17% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 15.9× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹1,125.

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

Over the last 2.6 years INOXINDIA compounded at 28%/year with annualized volatility of 33%. That volatility implies a 1-year 80% range of ₹1,367-₹3,167, the honest backbone behind any single price target.

INOXINDIA price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.6 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)
6.4%
80% range₹1,367-₹3,167
P(price ↑)57%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
20.6%
80% range₹1,125-₹4,939
P(price ↑)63%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
36.6%
80% range₹1,028-₹6,937
P(price ↑)66%
P(price 2×)30%

INOXINDIA price probability fan

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

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

Probability of key outcomes

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

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

INOXINDIA MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy INOXINDIA 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×
ZerodhaCHEAPEST33.14%3.0×
Groww33.31%3.0×
DhanCHEAPEST33.14%3.0×
Kotak Neo34.97%2.9×
Paytm Money33.24%3.0×
Pocketful33.43%3.0×
Fyers34.48%2.9×
Anand RathiCHEAPEST33.14%3.0×
Bajaj Broking40.00%2.5×
Share India33.27%3.0×

Compare every broker on the INOXINDIA MTF page.

About INOX INDIA LIMITED: sector, index & market-cap context

INOX INDIA LIMITED (INOXINDIA) is a small-cap NSE-listed company, with a market capitalisation of ₹17,742 Cr. See more stocks on our screener.

How the INOXINDIA Snapshot Score & forecast are built

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

INOXINDIA analysis, FAQs

Is INOX INDIA LIMITED (INOXINDIA) a good buy?

On the numbers, INOX INDIA LIMITED (INOXINDIA) mixed signals, a Downstox Snapshot Score of 52/100, weighing expensive at 69.0× earnings, ROE of 26.1%, a 57% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is INOXINDIA overvalued or undervalued?

INOXINDIA trades at 69.0× earnings, expensive versus the ~22× long-run Nifty average.

What is the INOXINDIA share price target for 2031?

INOXINDIA's probability-weighted 2031 median target is ₹2,670, with an 80% range of ₹1,028-₹6,937 (10,000-path Monte-Carlo).

What is the probability INOXINDIA doubles in 5 years?

The modelled probability of INOXINDIA reaching ₹3,909 (2×) within 5 years is 30%.

What is the bull case for INOXINDIA?

INOXINDIA's return on equity of 26.1% ranks in the 91st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. INOXINDIA's return on capital employed of 33.5% ranks in the 94th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in INOXINDIA?

INOXINDIA's P/E of 69.0x is lower than 17% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 15.9× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on INOXINDIA