KEI
Kei Industries Limited
Each stock's 10,000-path forecast, rendered as light.
Kei Industries Limited (KEI) Stock Analysis & Case Study
Is KEI a good buy? The data-driven verdict.
Kei Industries Limited (KEI) trades at ₹5,600,on the numbers it mixed signals, a Downstox Snapshot Score of 45/100.
On the numbers, Kei Industries Limited (KEI) mixed signals, a Downstox Snapshot Score of 45/100, weighing expensive at 53.7× earnings, ROE of 14.8%, 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.
KEI fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How KEI ranks against the 2,371 companies in our screener
- KEI's market cap of 53,536 Cr ranks in the 92nd percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- KEI's book value of ₹697 ranks in the 93rd percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- KEI's promoter holding of 35.0% ranks in the 12th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- KEI's 3-year profit (PAT) growth of 24.0% ranks in the 62nd percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- KEI's 3-year revenue growth of 19.0% ranks in the 72nd percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- KEI's debt-to-equity ratio of 0.04x is lower than 88% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
Is KEI overvalued? KEI P/E vs its Capital Goods
KEI's P/E of 53.7× sits below the Capital Goods peer median of 58.0×, so on earnings it screens in line with peers, while its 0.08% dividend yield is below the peer median of 0.46%.
KEI 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 KEI history (40%/yr drift, 40%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| KEI 2027 | ₹3,675 | ₹5,994 | ₹9,778 | +7% |
| KEI 2028 | ₹3,171 | ₹6,416 | ₹12,984 | +15% |
| KEI 2029 | ₹2,898 | ₹6,868 | ₹16,275 | +23% |
| KEI 2030 | ₹2,696 | ₹7,352 | ₹20,050 | +31% |
| KEI 2031 | ₹2,563 | ₹7,869 | ₹24,164 | +41% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability KEI goes up, or doubles?
The bull case for KEI
- KEI's return on equity of 14.8% ranks in the 71st percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- KEI's return on capital employed of 20.1% ranks in the 80th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹16,275.
The bear case & risks
- KEI's P/E of 53.7x is lower than 24% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
- A steep 8.0× 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 ₹2,898.
KEI volatility & expected range, how bumpy is the ride?
Over the last 9.8 years KEI compounded at 40%/year with annualized volatility of 40%. That volatility implies a 1-year 80% range of ₹3,675-₹9,778, the honest backbone behind any single price target.
KEI price forecast, the full 60-month probability fan
KEI price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds KEI hits common targets within the simulated horizon?
Full multi-horizon detail on the KEI price target & forecast page.
KEI Piotroski F-Score: 6/8, how financially strong is it?
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. KEI scores 6/8, mixed financial health.
KEI MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy KEI with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 29.13% | 3.4× |
| Zerodha | 27.80% | 3.6× |
| Groww | 27.83% | 3.6× |
| DhanCHEAPEST | 25.59% | 3.9× |
| Kotak Neo | 30.03% | 3.3× |
| Paytm Money | 25.70% | 3.9× |
| Pocketful | 32.35% | 3.1× |
| Anand Rathi | 32.59% | 3.1× |
| Bajaj Broking | 30.00% | 3.3× |
| Share India | 32.13% | 3.1× |
Compare every broker on the KEI MTF page.
KEI vs peers,Capital Goods comparison
| Stock | P/E | Div yield | Market cap |
|---|---|---|---|
| KEI (this stock) | 53.7× | 0.08% | ₹53,536 Cr |
| SIEMENS | 49.9× | 0.46% | ₹1.40L Cr |
| BHEL | 58.0× | 0.35% | ₹1.41L Cr |
| CUMMINSIND | 61.7× | 1.22% | ₹1.50L Cr |
| ABB | 104.0× | 0.52% | ₹1.61L Cr |
| CGPOWER | 109.0× | 0.15% | ₹1.38L Cr |
| POLYCAB | 48.9× | 0.50% | ₹1.40L Cr |
Fundamentals from Screener.in, as of 8 Aug 2026
About Kei Industries Limited: sector, index & market-cap context
Kei Industries Limited (KEI) is a mid-cap NSE-listed company in the Capital Goods sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹53,536 Cr. See more stocks on our screener.
How the KEI Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Kei Industries 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.
KEI analysis, FAQs
Is Kei Industries Limited (KEI) a good buy?
On the numbers, Kei Industries Limited (KEI) mixed signals, a Downstox Snapshot Score of 45/100, weighing expensive at 53.7× earnings, ROE of 14.8%, a 57% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is KEI overvalued or undervalued?
KEI trades at 53.7× earnings versus a peer median of 58.0×, so it screens cheaper than its Capital Goods peers.
What is the KEI share price target for 2031?
KEI's probability-weighted 2031 median target is ₹7,869, with an 80% range of ₹2,563-₹24,164 (10,000-path Monte-Carlo).
What is the probability KEI doubles in 5 years?
The modelled probability of KEI reaching ₹11,200 (2×) within 5 years is 34%.
What is the bull case for KEI?
KEI's return on equity of 14.8% ranks in the 71st percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026. KEI's return on capital employed of 20.1% ranks in the 80th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
What are the risks in KEI?
KEI's P/E of 53.7x is lower than 24% of the 2,371 NSE companies in our screener, as of 8 Aug 2026. A steep 8.0× price-to-book means most of the value is intangible/expectations, not assets on the books.