Case study

KIRIINDUS

KIRI INDUSTRIES LIMITED

High-risk on the numbers1y model -0.5%

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

25Score

KIRI INDUSTRIES LIMITED (KIRIINDUS) Stock Analysis & Case Study

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

KIRI INDUSTRIES LIMITED (KIRIINDUS) trades at ₹428,on the numbers it high-risk on the numbers, a Downstox Snapshot Score of 25/100.

On the numbers, KIRI INDUSTRIES LIMITED (KIRIINDUS) high-risk on the numbers, a Downstox Snapshot Score of 25/100, weighing expensive at 1072.0× earnings, ROE of -2.0%, a 50% 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.

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

Market cap
₹2,789 Cr
Current price
₹428
P/E ratio
1072.0×
P/B ratio
0.40×
Book value
₹1,072
ROCE
-1.7%
ROE
-2.0%
Piotroski F-Score
2/8

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

Is KIRIINDUS overvalued? KIRIINDUS P/E vs peers

KIRIINDUS trades at 1072.0× 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.

KIRIINDUS 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 KIRIINDUS history (1%/yr drift, 48%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
KIRIINDUS 2027₹233₹426₹778-1%
KIRIINDUS 2028₹178₹424₹1,008-1%
KIRIINDUS 2029₹145₹421₹1,224-2%
KIRIINDUS 2030₹122₹419₹1,444-2%
KIRIINDUS 2031₹104₹417₹1,680-3%

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

What is the probability KIRIINDUS goes up, or doubles?

50%
Higher in 1 year
Modelled chance the price is above today in 12 months
49%
Higher in 5 years
Modelled chance the price is above today in 5 years
25%
Doubles in 5 years
Modelled chance of reaching ₹856 within 5 years

The bull case for KIRIINDUS

  • Low price-to-book of 0.40×, the market is paying little over the company's net assets.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,224.

The bear case & risks

  • KIRIINDUS's P/E of 1072.0x is lower than 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • KIRIINDUS's Piotroski F-Score of 2/8 ranks in the 6th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • High historical volatility (48%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹145.

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

Over the last 9.8 years KIRIINDUS compounded at 1%/year with annualized volatility of 48%. That volatility implies a 1-year 80% range of ₹233-₹778, the honest backbone behind any single price target.

KIRIINDUS 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)
0.5%
80% range₹233-₹778
P(price ↑)50%
P(price 2×)7%
3-Year Forecast
2029
₹0
Median (P50)
1.5%
80% range₹145-₹1,224
P(price ↑)49%
P(price 2×)20%
5-Year Forecast
2031
₹0
Median (P50)
2.5%
80% range₹104-₹1,680
P(price ↑)49%
P(price 2×)25%

KIRIINDUS price probability fan

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

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

Probability of key outcomes

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

KIRIINDUS Piotroski F-Score: 2/8, how financially strong is it?

2/8

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. KIRIINDUS scores 2/8, weak on the financial-strength checks.

KIRIINDUS MTF margin & leverage across 10 brokers

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

BrokerMargin requiredApprox. leverage
Upstox36.20%2.8×
ZerodhaCHEAPEST36.18%2.8×
Groww36.25%2.8×
DhanCHEAPEST36.18%2.8×
Kotak Neo36.23%2.8×
Paytm Money42.20%2.4×
Pocketful36.73%2.7×
Anand RathiCHEAPEST36.18%2.8×
Bajaj Broking50.00%2.0×
Share India36.24%2.8×

Compare every broker on the KIRIINDUS MTF page.

About KIRI INDUSTRIES LIMITED: sector, index & market-cap context

KIRI INDUSTRIES LIMITED (KIRIINDUS) is a small-cap NSE-listed company, with a market capitalisation of ₹2,789 Cr. See more stocks on our screener.

How the KIRIINDUS Snapshot Score & forecast are built

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

KIRIINDUS analysis, FAQs

Is KIRI INDUSTRIES LIMITED (KIRIINDUS) a good buy?

On the numbers, KIRI INDUSTRIES LIMITED (KIRIINDUS) high-risk on the numbers, a Downstox Snapshot Score of 25/100, weighing expensive at 1072.0× earnings, ROE of -2.0%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is KIRIINDUS overvalued or undervalued?

KIRIINDUS trades at 1072.0× earnings, expensive versus the ~22× long-run Nifty average.

What is the KIRIINDUS share price target for 2031?

KIRIINDUS's probability-weighted 2031 median target is ₹417, with an 80% range of ₹104-₹1,680 (10,000-path Monte-Carlo).

What is the probability KIRIINDUS doubles in 5 years?

The modelled probability of KIRIINDUS reaching ₹856 (2×) within 5 years is 25%.

What is the bull case for KIRIINDUS?

Low price-to-book of 0.40×, the market is paying little over the company's net assets.

What are the risks in KIRIINDUS?

KIRIINDUS's P/E of 1072.0x is lower than 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. KIRIINDUS's Piotroski F-Score of 2/8 ranks in the 6th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (48%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

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