KENNAMET
Kennametal India Limited
Each stock's 10,000-path forecast, rendered as light.
Kennametal India Limited (KENNAMET) Stock Analysis & Case Study
Is KENNAMET a good buy? The data-driven verdict.
Kennametal India Limited (KENNAMET) trades at ₹3,310,on the numbers it mixed signals, a Downstox Snapshot Score of 52/100.
On the numbers, Kennametal India Limited (KENNAMET) mixed signals, a Downstox Snapshot Score of 52/100, weighing expensive at 62.1× earnings, ROE of 18.4%, 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.
KENNAMET fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How KENNAMET ranks against the 2,373 companies in our screener
- KENNAMET's market cap of 7,275 Cr ranks in the 71st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- KENNAMET's book value of ₹294 ranks in the 80th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- KENNAMET's promoter holding of 75.0% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- KENNAMET's 3-year profit (PAT) growth of 8.0% ranks in the 40th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- KENNAMET's 3-year revenue growth of 2.0% ranks in the 27th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
We do not hold a debt-to-equity ratio figure for KENNAMET, as of 9 Aug 2026, so it is not ranked here.
Is KENNAMET overvalued? KENNAMET P/E vs peers
KENNAMET trades at 62.1× 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.
KENNAMET 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 KENNAMET history (16%/yr drift, 42%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| KENNAMET 2027 | ₹2,026 | ₹3,426 | ₹5,792 | +4% |
| KENNAMET 2028 | ₹1,665 | ₹3,547 | ₹7,553 | +7% |
| KENNAMET 2029 | ₹1,447 | ₹3,672 | ₹9,322 | +11% |
| KENNAMET 2030 | ₹1,311 | ₹3,802 | ₹11,025 | +15% |
| KENNAMET 2031 | ₹1,204 | ₹3,937 | ₹12,875 | +19% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability KENNAMET goes up, or doubles?
The bull case for KENNAMET
- KENNAMET's return on equity of 18.4% ranks in the 80th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- KENNAMET's return on capital employed of 24.6% ranks in the 87th 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 ₹9,322.
The bear case & risks
- KENNAMET's P/E of 62.1x is lower than 20% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A steep 11.3× 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 ₹1,447.
KENNAMET volatility & expected range, how bumpy is the ride?
Over the last 9.8 years KENNAMET compounded at 16%/year with annualized volatility of 42%. That volatility implies a 1-year 80% range of ₹2,026-₹5,792, the honest backbone behind any single price target.
KENNAMET price forecast, the full 60-month probability fan
KENNAMET 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 KENNAMET hits common targets within the simulated horizon?
Full multi-horizon detail on the KENNAMET price target & forecast page.
KENNAMET 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. KENNAMET scores 6/8, mixed financial health.
KENNAMET MTF margin & leverage across 8 brokers
Margin Trading Facility lets you buy KENNAMET with part of the capital. Lower margin % = higher leverage. Rates compared across 8 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 35.00% | 2.9× |
| Zerodha | 50.00% | 2.0× |
| Groww | 34.10% | 2.9× |
| Kotak Neo | 100.00% | 1.0× |
| Paytm Money | 34.42% | 2.9× |
| Pocketful | 50.00% | 2.0× |
| Anand Rathi | 34.25% | 2.9× |
| Share IndiaCHEAPEST | 34.08% | 2.9× |
Compare every broker on the KENNAMET MTF page.
About Kennametal India Limited: sector, index & market-cap context
Kennametal India Limited (KENNAMET) is a small-cap NSE-listed company, with a market capitalisation of ₹7,275 Cr. See more stocks on our screener.
How the KENNAMET Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Kennametal 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.
KENNAMET analysis, FAQs
Is Kennametal India Limited (KENNAMET) a good buy?
On the numbers, Kennametal India Limited (KENNAMET) mixed signals, a Downstox Snapshot Score of 52/100, weighing expensive at 62.1× earnings, ROE of 18.4%, a 54% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is KENNAMET overvalued or undervalued?
KENNAMET trades at 62.1× earnings, expensive versus the ~22× long-run Nifty average.
What is the KENNAMET share price target for 2031?
KENNAMET's probability-weighted 2031 median target is ₹3,937, with an 80% range of ₹1,204-₹12,875 (10,000-path Monte-Carlo).
What is the probability KENNAMET doubles in 5 years?
The modelled probability of KENNAMET reaching ₹6,617 (2×) within 5 years is 29%.
What is the bull case for KENNAMET?
KENNAMET's return on equity of 18.4% ranks in the 80th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. KENNAMET's return on capital employed of 24.6% ranks in the 87th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in KENNAMET?
KENNAMET's P/E of 62.1x is lower than 20% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 11.3× price-to-book means most of the value is intangible/expectations, not assets on the books.