Case study

JUSTDIAL

Just Dial Limited

Tread carefully1y model +3.6%

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

33Score

Just Dial Limited (JUSTDIAL) Stock Analysis & Case Study

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

Just Dial Limited (JUSTDIAL) trades at ₹683,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.

On the numbers, Just Dial Limited (JUSTDIAL) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 41.7× earnings, ROE of 3.6%, a 54% 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.

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

Market cap
₹5,811 Cr
Current price
₹683
P/E ratio
41.7×
P/B ratio
1.44×
Book value
₹473
ROCE
4.8%
ROE
3.6%
Piotroski F-Score
5/8

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

Is JUSTDIAL overvalued? JUSTDIAL P/E vs peers

JUSTDIAL trades at 41.7× 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.

JUSTDIAL 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 JUSTDIAL history (3%/yr drift, 40%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
JUSTDIAL 2027₹420₹708₹1,192+4%
JUSTDIAL 2028₹358₹733₹1,500+7%
JUSTDIAL 2029₹318₹759₹1,813+11%
JUSTDIAL 2030₹287₹786₹2,156+15%
JUSTDIAL 2031₹264₹814₹2,509+19%

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

What is the probability JUSTDIAL goes up, or doubles?

54%
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
28%
Doubles in 5 years
Modelled chance of reaching ₹1,367 within 5 years

The bull case for JUSTDIAL

  • Low price-to-book of 1.44×, the market is paying little over the company's net assets.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,813.

The bear case & risks

  • JUSTDIAL's P/E of 41.7x is lower than 32% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • JUSTDIAL's return on equity of 3.6% ranks in the 25th 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 ₹318.

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

Over the last 9.8 years JUSTDIAL compounded at 3%/year with annualized volatility of 40%. That volatility implies a 1-year 80% range of ₹420-₹1,192, the honest backbone behind any single price target.

JUSTDIAL 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)
3.6%
80% range₹420-₹1,192
P(price ↑)54%
P(price 2×)5%
3-Year Forecast
2029
₹0
Median (P50)
11.1%
80% range₹318-₹1,813
P(price ↑)56%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
19.2%
80% range₹264-₹2,509
P(price ↑)58%
P(price 2×)28%

JUSTDIAL price probability fan

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

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

Probability of key outcomes

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

JUSTDIAL Piotroski F-Score: 5/8, how financially strong is it?

5/8

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. JUSTDIAL scores 5/8, mixed financial health.

JUSTDIAL MTF margin & leverage across 10 brokers

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

BrokerMargin requiredApprox. leverage
ZerodhaCHEAPEST34.40%2.9×
Groww34.56%2.9×
Dhan64.00%1.6×
Kotak Neo50.00%2.0×
Paytm Money100.00%1.0×
Pocketful34.73%2.9×
Fyers62.50%1.6×
Anand Rathi50.00%2.0×
Bajaj Broking64.00%1.6×
Share India34.52%2.9×

Compare every broker on the JUSTDIAL MTF page.

About Just Dial Limited: sector, index & market-cap context

Just Dial Limited (JUSTDIAL) is a small-cap NSE-listed company, with a market capitalisation of ₹5,811 Cr. See more stocks on our screener.

How the JUSTDIAL Snapshot Score & forecast are built

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

JUSTDIAL analysis, FAQs

Is Just Dial Limited (JUSTDIAL) a good buy?

On the numbers, Just Dial Limited (JUSTDIAL) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 41.7× earnings, ROE of 3.6%, a 54% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is JUSTDIAL overvalued or undervalued?

JUSTDIAL trades at 41.7× earnings, expensive versus the ~22× long-run Nifty average.

What is the JUSTDIAL share price target for 2031?

JUSTDIAL's probability-weighted 2031 median target is ₹814, with an 80% range of ₹264-₹2,509 (10,000-path Monte-Carlo).

What is the probability JUSTDIAL doubles in 5 years?

The modelled probability of JUSTDIAL reaching ₹1,367 (2×) within 5 years is 28%.

What is the bull case for JUSTDIAL?

Low price-to-book of 1.44×, the market is paying little over the company's net assets.

What are the risks in JUSTDIAL?

JUSTDIAL's P/E of 41.7x is lower than 32% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. JUSTDIAL's return on equity of 3.6% ranks in the 25th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

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