Case study

PAGEIND

Page Industries Limited

Worth a closer look1y model +7.4%

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

63Score

Page Industries Limited (PAGEIND) Stock Analysis & Case Study

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

Page Industries Limited (PAGEIND) trades at ₹39,900,on the numbers it worth a closer look, a Downstox Snapshot Score of 63/100.

On the numbers, Page Industries Limited (PAGEIND) worth a closer look, a Downstox Snapshot Score of 63/100, weighing expensive at 56.3× earnings, ROE of 54.3%, a 62% 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.

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

Market cap
₹44,504 Cr
Current price
₹39,900
P/E ratio
56.3×
P/B ratio
29.62×
Book value
₹1,347
Dividend yield
1.38%
ROCE
64.4%
ROE
54.3%
Piotroski F-Score
6/8

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

Is PAGEIND overvalued? PAGEIND P/E vs its Consumer

PAGEIND's P/E of 56.3× sits above the Consumer peer median of 53.8×, so on earnings it screens in line with peers, while its 1.38% dividend yield is above the peer median of 0.75%.

PAGEIND P/E
56.3×
Peer median P/E
53.8×
PAGEIND div yield
1.38%
Peer median yield
0.75%

PAGEIND 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 PAGEIND history (11%/yr drift, 25%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
PAGEIND 2027₹31,360₹42,846₹58,539+7%
PAGEIND 2028₹29,235₹46,010₹72,412+15%
PAGEIND 2029₹28,535₹49,408₹85,550+24%
PAGEIND 2030₹28,081₹53,056₹1,00,245+33%
PAGEIND 2031₹28,054₹56,974₹1,15,706+43%

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

What is the probability PAGEIND goes up, or doubles?

62%
Higher in 1 year
Modelled chance the price is above today in 12 months
74%
Higher in 5 years
Modelled chance the price is above today in 5 years
27%
Doubles in 5 years
Modelled chance of reaching ₹79,800 within 5 years

The bull case for PAGEIND

  • PAGEIND's return on equity of 54.3% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • PAGEIND's return on capital employed of 64.4% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A 10,000-path probability model puts a 62% chance the price is higher in a year, with a median target of ₹42,846 (+7%).
  • Relatively low volatility (25%/yr), a steadier ride than the typical mid/small-cap.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹85,550.

The bear case & risks

  • PAGEIND's P/E of 56.3x is lower than 23% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 29.6× 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 ₹28,535.

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

Over the last 9.8 years PAGEIND compounded at 11%/year with annualized volatility of 25%. That volatility implies a 1-year 80% range of ₹31,360-₹58,539, the honest backbone behind any single price target.

PAGEIND 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)
7.4%
80% range₹31,360-₹58,539
P(price ↑)62%
P(price 2×)1%
3-Year Forecast
2029
₹0
Median (P50)
23.8%
80% range₹28,535-₹85,550
P(price ↑)69%
P(price 2×)13%
5-Year Forecast
2031
₹0
Median (P50)
42.8%
80% range₹28,054-₹1,15,706
P(price ↑)74%
P(price 2×)27%

PAGEIND price probability fan

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

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

Probability of key outcomes

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

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

PAGEIND MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy PAGEIND with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox23.69%4.2×
Zerodha23.20%4.3×
Groww23.20%4.3×
Dhan22.00%4.5×
Kotak NeoCHEAPEST20.16%5.0×
Paytm Money20.58%4.9×
Pocketful27.38%3.7×
Fyers27.78%3.6×
Anand Rathi27.17%3.7×
Bajaj Broking23.00%4.3×
Share India27.22%3.7×

Compare every broker on the PAGEIND MTF page.

PAGEIND vs peers,Consumer comparison

StockP/EDiv yieldMarket cap
PAGEIND (this stock)56.3×1.38%₹44,504 Cr
ASIANPAINT53.8×1.01%₹2.62L Cr
TITAN75.2×0.30%₹4.39L Cr
HAVELLS48.5×0.78%₹80,830 Cr
BERGEPAINT50.4×0.75%₹61,862 Cr
KALYANKJIL42.8×0.25%₹62,616 Cr
BLUESTARCO58.8×0.56%₹31,130 Cr

Fundamentals from Screener.in, as of 9 Aug 2026

About Page Industries Limited: sector, index & market-cap context

Page Industries Limited (PAGEIND) is a mid-cap NSE-listed company in the Consumer sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹44,504 Cr. See more stocks on our screener.

How the PAGEIND Snapshot Score & forecast are built

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

PAGEIND analysis, FAQs

Is Page Industries Limited (PAGEIND) a good buy?

On the numbers, Page Industries Limited (PAGEIND) worth a closer look, a Downstox Snapshot Score of 63/100, weighing expensive at 56.3× earnings, ROE of 54.3%, a 62% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is PAGEIND overvalued or undervalued?

PAGEIND trades at 56.3× earnings versus a peer median of 53.8×, so it screens richer than its Consumer peers.

What is the PAGEIND share price target for 2031?

PAGEIND's probability-weighted 2031 median target is ₹56,974, with an 80% range of ₹28,054-₹1,15,706 (10,000-path Monte-Carlo).

What is the probability PAGEIND doubles in 5 years?

The modelled probability of PAGEIND reaching ₹79,800 (2×) within 5 years is 27%.

What is the bull case for PAGEIND?

PAGEIND's return on equity of 54.3% ranks in the top 2% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. PAGEIND's return on capital employed of 64.4% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A 10,000-path probability model puts a 62% chance the price is higher in a year, with a median target of ₹42,846 (+7%).

What are the risks in PAGEIND?

PAGEIND's P/E of 56.3x is lower than 23% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 29.6× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on PAGEIND