Case study

KAJARIACER

Kajaria Ceramics Limited

Mixed signals1y model +6.7%

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

51Score

Kajaria Ceramics Limited (KAJARIACER) Stock Analysis & Case Study

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

Kajaria Ceramics Limited (KAJARIACER) trades at ₹1,167,on the numbers it mixed signals, a Downstox Snapshot Score of 51/100.

On the numbers, Kajaria Ceramics Limited (KAJARIACER) mixed signals, a Downstox Snapshot Score of 51/100, weighing premium at 31.8× earnings, ROE of 17.9%, a 59% 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.

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

Market cap
₹18,343 Cr
Current price
₹1,167
P/E ratio
31.8×
P/B ratio
6.08×
Book value
₹192
Dividend yield
0.69%
ROCE
23.3%
ROE
17.9%
Piotroski F-Score
6/8

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

Is KAJARIACER overvalued? KAJARIACER P/E vs peers

KAJARIACER trades at 31.8× 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.

KAJARIACER 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 KAJARIACER history (6%/yr drift, 29%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
KAJARIACER 2027₹859₹1,245₹1,806+7%
KAJARIACER 2028₹777₹1,328₹2,270+14%
KAJARIACER 2029₹739₹1,417₹2,716+21%
KAJARIACER 2030₹713₹1,512₹3,202+29%
KAJARIACER 2031₹696₹1,612₹3,734+38%

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

What is the probability KAJARIACER goes up, or doubles?

59%
Higher in 1 year
Modelled chance the price is above today in 12 months
69%
Higher in 5 years
Modelled chance the price is above today in 5 years
29%
Doubles in 5 years
Modelled chance of reaching ₹2,335 within 5 years

The bull case for KAJARIACER

  • KAJARIACER's return on equity of 17.9% ranks in the 79th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • KAJARIACER's return on capital employed of 23.3% ranks in the 86th 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 ₹2,716.

The bear case & risks

  • KAJARIACER's P/E of 31.8x is lower than 43% 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 ₹739.

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

Over the last 9.8 years KAJARIACER compounded at 6%/year with annualized volatility of 29%. That volatility implies a 1-year 80% range of ₹859-₹1,806, the honest backbone behind any single price target.

KAJARIACER 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)
6.7%
80% range₹859-₹1,806
P(price ↑)59%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
21.4%
80% range₹739-₹2,716
P(price ↑)65%
P(price 2×)16%
5-Year Forecast
2031
₹0
Median (P50)
38.1%
80% range₹696-₹3,734
P(price ↑)69%
P(price 2×)29%

KAJARIACER price probability fan

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

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

Probability of key outcomes

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

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

KAJARIACER MTF margin & leverage across 11 brokers

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

BrokerMargin requiredApprox. leverage
Upstox29.37%3.4×
ZerodhaCHEAPEST29.34%3.4×
Groww29.45%3.4×
Dhan29.34%3.4×
Kotak Neo30.03%3.3×
Paytm Money29.57%3.4×
Pocketful29.76%3.4×
Fyers30.30%3.3×
Anand RathiCHEAPEST29.34%3.4×
Bajaj Broking31.00%3.2×
Share India29.43%3.4×

Compare every broker on the KAJARIACER MTF page.

About Kajaria Ceramics Limited: sector, index & market-cap context

Kajaria Ceramics Limited (KAJARIACER) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹18,343 Cr. See more stocks on our screener.

How the KAJARIACER Snapshot Score & forecast are built

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

KAJARIACER analysis, FAQs

Is Kajaria Ceramics Limited (KAJARIACER) a good buy?

On the numbers, Kajaria Ceramics Limited (KAJARIACER) mixed signals, a Downstox Snapshot Score of 51/100, weighing premium at 31.8× earnings, ROE of 17.9%, a 59% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is KAJARIACER overvalued or undervalued?

KAJARIACER trades at 31.8× earnings, premium versus the ~22× long-run Nifty average.

What is the KAJARIACER share price target for 2031?

KAJARIACER's probability-weighted 2031 median target is ₹1,612, with an 80% range of ₹696-₹3,734 (10,000-path Monte-Carlo).

What is the probability KAJARIACER doubles in 5 years?

The modelled probability of KAJARIACER reaching ₹2,335 (2×) within 5 years is 29%.

What is the bull case for KAJARIACER?

KAJARIACER's return on equity of 17.9% ranks in the 79th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. KAJARIACER's return on capital employed of 23.3% ranks in the 86th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in KAJARIACER?

KAJARIACER's P/E of 31.8x is lower than 43% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on KAJARIACER