MANINDS
Man Industries (India) Limited
Each stock's 10,000-path forecast, rendered as light.
Man Industries (India) Limited (MANINDS) Stock Analysis & Case Study
Is MANINDS a good buy? The data-driven verdict.
Man Industries (India) Limited (MANINDS) trades at ₹555,on the numbers it tread carefully, a Downstox Snapshot Score of 44/100.
On the numbers, Man Industries (India) Limited (MANINDS) tread carefully, a Downstox Snapshot Score of 44/100, weighing fairly valued at 24.4× earnings, ROE of 9.2%, a 48% 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.
MANINDS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How MANINDS ranks against the 2,373 companies in our screener
- MANINDS's market cap of 4,163 Cr ranks in the 63rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MANINDS's book value of ₹278 ranks in the 79th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MANINDS's promoter holding of 43.2% ranks in the 20th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MANINDS's 3-year profit (PAT) growth of 43.0% ranks in the 80th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MANINDS's 3-year revenue growth of 17.0% ranks in the 67th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MANINDS's debt-to-equity ratio of 0.30x is lower than 51% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is MANINDS overvalued? MANINDS P/E vs peers
MANINDS trades at 24.4× 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.
MANINDS 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 MANINDS history (23%/yr drift, 53%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| MANINDS 2027 | ₹278 | ₹541 | ₹1,054 | -3% |
| MANINDS 2028 | ₹205 | ₹527 | ₹1,354 | -5% |
| MANINDS 2029 | ₹162 | ₹513 | ₹1,629 | -8% |
| MANINDS 2030 | ₹135 | ₹500 | ₹1,856 | -10% |
| MANINDS 2031 | ₹111 | ₹487 | ₹2,139 | -12% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability MANINDS goes up, or doubles?
The bull case for MANINDS
- MANINDS's P/E of 24.4x is lower than 55% 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 ₹1,629.
The bear case & risks
- MANINDS's return on equity of 9.2% ranks in the 45th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- High historical volatility (53%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹162.
MANINDS volatility & expected range, how bumpy is the ride?
Over the last 9.8 years MANINDS compounded at 23%/year with annualized volatility of 53%. That volatility implies a 1-year 80% range of ₹278-₹1,054, the honest backbone behind any single price target.
MANINDS price forecast, the full 60-month probability fan
MANINDS 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 MANINDS hits common targets within the simulated horizon?
Full multi-horizon detail on the MANINDS price target & forecast page.
MANINDS Piotroski F-Score: 5/8, 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. MANINDS scores 5/8, mixed financial health.
MANINDS MTF margin & leverage across 9 brokers
Margin Trading Facility lets you buy MANINDS with part of the capital. Lower margin % = higher leverage. Rates compared across 9 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 40.05% | 2.5× |
| ZerodhaCHEAPEST | 39.99% | 2.5× |
| Groww | 40.16% | 2.5× |
| Dhan | 40.00% | 2.5× |
| Kotak Neo | 40.00% | 2.5× |
| Paytm Money | 40.47% | 2.5× |
| Pocketful | 40.74% | 2.5× |
| Anand RathiCHEAPEST | 39.99% | 2.5× |
| Share India | 40.15% | 2.5× |
Compare every broker on the MANINDS MTF page.
About Man Industries (India) Limited: sector, index & market-cap context
Man Industries (India) Limited (MANINDS) is a small-cap NSE-listed company, with a market capitalisation of ₹4,163 Cr. See more stocks on our screener.
How the MANINDS Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Man Industries (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.
MANINDS analysis, FAQs
Is Man Industries (India) Limited (MANINDS) a good buy?
On the numbers, Man Industries (India) Limited (MANINDS) tread carefully, a Downstox Snapshot Score of 44/100, weighing fairly valued at 24.4× earnings, ROE of 9.2%, a 48% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is MANINDS overvalued or undervalued?
MANINDS trades at 24.4× earnings, fairly valued versus the ~22× long-run Nifty average.
What is the MANINDS share price target for 2031?
MANINDS's probability-weighted 2031 median target is ₹487, with an 80% range of ₹111-₹2,139 (10,000-path Monte-Carlo).
What is the probability MANINDS doubles in 5 years?
The modelled probability of MANINDS reaching ₹1,110 (2×) within 5 years is 24%.
What is the bull case for MANINDS?
MANINDS's P/E of 24.4x is lower than 55% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in MANINDS?
MANINDS's return on equity of 9.2% ranks in the 45th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (53%/yr) means a wide, bumpy range of outcomes, size positions accordingly.