MAXIND
MAX INDIA LIMITED
Each stock's 10,000-path forecast, rendered as light.
MAX INDIA LIMITED (MAXIND) Stock Analysis & Case Study
Is MAXIND a good buy? The data-driven verdict.
MAX INDIA LIMITED (MAXIND) trades at ₹171,on the numbers it tread carefully, a Downstox Snapshot Score of 30/100.
On the numbers, MAX INDIA LIMITED (MAXIND) tread carefully, a Downstox Snapshot Score of 30/100, weighing expensive at 77.7× earnings, ROE of -32.8%, 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.
MAXIND fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How MAXIND ranks against the 2,373 companies in our screener
- MAXIND's market cap of 964 Cr ranks in the 39th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MAXIND's book value of ₹78 ranks in the 45th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MAXIND's promoter holding of 48.3% ranks in the 27th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MAXIND's 3-year profit (PAT) growth of 1.0% ranks in the 30th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MAXIND's debt-to-equity ratio of 0.23x is lower than 59% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
We do not hold a 3-year revenue growth figure for MAXIND, as of 9 Aug 2026, so it is not ranked here.
Is MAXIND overvalued? MAXIND P/E vs peers
MAXIND trades at 77.7× 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.
MAXIND 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 5.8y of MAXIND history (14%/yr drift, 44%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| MAXIND 2027 | ₹100 | ₹177 | ₹316 | +4% |
| MAXIND 2028 | ₹82 | ₹184 | ₹412 | +7% |
| MAXIND 2029 | ₹71 | ₹191 | ₹509 | +11% |
| MAXIND 2030 | ₹63 | ₹198 | ₹617 | +16% |
| MAXIND 2031 | ₹58 | ₹205 | ₹728 | +20% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability MAXIND goes up, or doubles?
The bull case for MAXIND
- MAX INDIA LIMITED is part of the nifty500 universe with live, tracked fundamentals on Downstox.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹509.
The bear case & risks
- MAXIND's P/E of 77.7x is lower than 15% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MAXIND'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.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹71.
MAXIND volatility & expected range, how bumpy is the ride?
Over the last 5.8 years MAXIND compounded at 14%/year with annualized volatility of 44%. That volatility implies a 1-year 80% range of ₹100-₹316, the honest backbone behind any single price target.
MAXIND price forecast, the full 60-month probability fan
MAXIND 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 MAXIND hits common targets within the simulated horizon?
Full multi-horizon detail on the MAXIND price target & forecast page.
MAXIND Piotroski F-Score: 2/8, 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. MAXIND scores 2/8, weak on the financial-strength checks.
MAXIND MTF margin & leverage across 5 brokers
Margin Trading Facility lets you buy MAXIND with part of the capital. Lower margin % = higher leverage. Rates compared across 5 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Zerodha | 50.00% | 2.0× |
| Groww | 36.24% | 2.8× |
| Kotak Neo | 100.00% | 1.0× |
| Fyers | 50.00% | 2.0× |
| Share IndiaCHEAPEST | 36.20% | 2.8× |
Compare every broker on the MAXIND MTF page.
About MAX INDIA LIMITED: sector, index & market-cap context
MAX INDIA LIMITED (MAXIND) is a small-cap NSE-listed company, with a market capitalisation of ₹964 Cr. See more stocks on our screener.
How the MAXIND Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of MAX 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.
MAXIND analysis, FAQs
Is MAX INDIA LIMITED (MAXIND) a good buy?
On the numbers, MAX INDIA LIMITED (MAXIND) tread carefully, a Downstox Snapshot Score of 30/100, weighing expensive at 77.7× earnings, ROE of -32.8%, a 53% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is MAXIND overvalued or undervalued?
MAXIND trades at 77.7× earnings, expensive versus the ~22× long-run Nifty average.
What is the MAXIND share price target for 2031?
MAXIND's probability-weighted 2031 median target is ₹205, with an 80% range of ₹58-₹728 (10,000-path Monte-Carlo).
What is the probability MAXIND doubles in 5 years?
The modelled probability of MAXIND reaching ₹342 (2×) within 5 years is 30%.
What is the bull case for MAXIND?
MAX INDIA LIMITED is part of the nifty500 universe with live, tracked fundamentals on Downstox.
What are the risks in MAXIND?
MAXIND's P/E of 77.7x is lower than 15% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. MAXIND'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.