Case study

KSL

KALYANI STEELS LIMITED

Worth a closer look1y model +3.3%

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

65Score

KALYANI STEELS LIMITED (KSL) Stock Analysis & Case Study

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

KALYANI STEELS LIMITED (KSL) trades at ₹848,on the numbers it worth a closer look, a Downstox Snapshot Score of 65/100.

On the numbers, KALYANI STEELS LIMITED (KSL) worth a closer look, a Downstox Snapshot Score of 65/100, weighing inexpensive at 13.7× earnings, ROE of 13.2%, a 53% 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.

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

Market cap
₹3,704 Cr
Current price
₹848
P/E ratio
13.7×
P/B ratio
1.76×
Book value
₹482
Dividend yield
1.18%
ROCE
14.8%
ROE
13.2%
Piotroski F-Score
6/8

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

Is KSL overvalued? KSL P/E vs peers

KSL trades at 13.7× 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.

KSL 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 KSL history (11%/yr drift, 40%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
KSL 2027₹526₹876₹1,461+3%
KSL 2028₹435₹906₹1,884+7%
KSL 2029₹375₹936₹2,331+10%
KSL 2030₹347₹967₹2,690+14%
KSL 2031₹320₹999₹3,115+18%

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

What is the probability KSL goes up, or doubles?

53%
Higher in 1 year
Modelled chance the price is above today in 12 months
57%
Higher in 5 years
Modelled chance the price is above today in 5 years
28%
Doubles in 5 years
Modelled chance of reaching ₹1,697 within 5 years

The bull case for KSL

  • KSL's P/E of 13.7x is lower than 78% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • KSL's return on equity of 13.2% ranks in the 65th 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 ₹2,331.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹375.

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

Over the last 9.8 years KSL compounded at 11%/year with annualized volatility of 40%. That volatility implies a 1-year 80% range of ₹526-₹1,461, the honest backbone behind any single price target.

KSL 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)
3.3%
80% range₹526-₹1,461
P(price ↑)53%
P(price 2×)5%
3-Year Forecast
2029
₹0
Median (P50)
10.3%
80% range₹375-₹2,331
P(price ↑)56%
P(price 2×)20%
5-Year Forecast
2031
₹0
Median (P50)
17.7%
80% range₹320-₹3,115
P(price ↑)57%
P(price 2×)28%

KSL price probability fan

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

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

Probability of key outcomes

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

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

KSL MTF margin & leverage across 9 brokers

Margin Trading Facility lets you buy KSL with part of the capital. Lower margin % = higher leverage. Rates compared across 9 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
ZerodhaCHEAPEST33.07%3.0×
Groww33.12%3.0×
Dhan40.00%2.5×
Kotak Neo40.00%2.5×
Pocketful33.51%3.0×
Anand RathiCHEAPEST33.07%3.0×
Bajaj Broking42.00%2.4×
Share India33.09%3.0×

Compare every broker on the KSL MTF page.

About KALYANI STEELS LIMITED: sector, index & market-cap context

KALYANI STEELS LIMITED (KSL) is a small-cap NSE-listed company, with a market capitalisation of ₹3,704 Cr. See more stocks on our screener.

How the KSL Snapshot Score & forecast are built

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

KSL analysis, FAQs

Is KALYANI STEELS LIMITED (KSL) a good buy?

On the numbers, KALYANI STEELS LIMITED (KSL) worth a closer look, a Downstox Snapshot Score of 65/100, weighing inexpensive at 13.7× earnings, ROE of 13.2%, a 53% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is KSL overvalued or undervalued?

KSL trades at 13.7× earnings, inexpensive versus the ~22× long-run Nifty average.

What is the KSL share price target for 2031?

KSL's probability-weighted 2031 median target is ₹999, with an 80% range of ₹320-₹3,115 (10,000-path Monte-Carlo).

What is the probability KSL doubles in 5 years?

The modelled probability of KSL reaching ₹1,697 (2×) within 5 years is 28%.

What is the bull case for KSL?

KSL's P/E of 13.7x is lower than 78% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. KSL's return on equity of 13.2% ranks in the 65th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in KSL?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on KSL