Case study

PIIND

PI Industries

Tread carefully1y model -17.3%

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

0Score

PI Industries (PIIND) Stock Analysis & Case Study

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

PI Industries (PIIND) trades at ₹2,806,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.

On the numbers, PI Industries (PIIND) tread carefully, a Downstox Snapshot Score of 33/100, weighing premium at 34.3× earnings, ROE of 11.6%, a 24% 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 20272031.

Last updated . Data snapshot for research, not investment advice.

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

Market cap
₹42,538 Cr
Current price
₹2,806
P/E ratio
34.3×
P/B ratio
3.79×
Book value
₹740
Dividend yield
0.57%
ROCE
14.7%
ROE
11.6%
Piotroski F-Score
4/9

Is PIIND overvalued? PIIND P/E vs its sector

PIIND's P/E of 34.3× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.57% dividend yield is below the peer median of 1.65%.

PIIND P/E
34.3×
Peer median P/E
15.9×
PIIND div yield
0.57%
Peer median yield
1.65%

PIIND 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 2.0y of PIIND history (-16%/yr drift, 27%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
PIIND 2027₹1,653₹2,319₹3,262-17%
PIIND 2028₹1,183₹1,920₹3,122-32%
PIIND 2029₹879₹1,597₹2,888-43%
PIIND 2030₹667₹1,321₹2,607-53%
PIIND 2031₹507₹1,085₹2,320-61%

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

What is the probability PIIND goes up, or doubles?

24%
Higher in 1 year
Modelled chance the price is above today in 12 months
6%
Higher in 5 years
Modelled chance the price is above today in 5 years
0%
Doubles in 5 years
Modelled chance of reaching ₹5,607 within 5 years

The bull case for PIIND

  • PI Industries is part of the nifty100 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹2,888.

The bear case & risks

  • At 34.3× earnings the stock carries a premium to the market, strong growth is already in the price, so any miss tends to be punished.
  • Return on equity is a soft 11.6%, capital efficiency trails higher-quality peers.
  • The probability model is cautious 12 months out, only a 24% chance of finishing above today's price.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹879.

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

Over the last 2.0 years PIIND compounded at -16%/year with annualized volatility of 27%. That volatility implies a 1-year 80% range of ₹1,653₹3,262, the honest backbone behind any single price target.

PIIND price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 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)
17.3%
80% range₹1,653–₹3,262
P(price ↑)24%
P(price 2×)0%
3-Year Forecast
2029
₹0
Median (P50)
43.0%
80% range₹879–₹2,888
P(price ↑)11%
P(price 2×)0%
5-Year Forecast
2031
₹0
Median (P50)
61.3%
80% range₹507–₹2,320
P(price ↑)6%
P(price 2×)0%

PIIND price probability fan

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

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

Probability of key outcomes

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

PIIND Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. PIIND scores 4/9,mixed financial health.

PIIND MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

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

BrokerMargin requiredApprox. leverage
Upstox28.8%3.5×
Zerodha24.5%4.1×
DhanCHEAPEST22.0%4.5×

Compare every broker on the PIIND MTF page.

PIIND vs peers,sector comparison

StockP/EDiv yieldMarket cap
PIIND (this stock)34.3×0.57%₹42,538 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About PI Industries: sector, index & market-cap context

PI Industries (PIIND) is a mid-cap NSE-listed company, and a constituent of the Nifty 100 index group, with a market capitalisation of ₹42,538 Cr. See more Nifty 100 stocks.

How the PIIND Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of PI Industries'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.

PIIND analysis, FAQs

Is PI Industries (PIIND) a good buy?

On the numbers, PI Industries (PIIND) tread carefully, a Downstox Snapshot Score of 33/100, weighing premium at 34.3× earnings, ROE of 11.6%, a 24% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is PIIND overvalued or undervalued?

PIIND trades at 34.3× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the PIIND share price target for 2031?

PIIND's probability-weighted 2031 median target is ₹1,085, with an 80% range of ₹507₹2,320 (10,000-path Monte-Carlo).

What is the probability PIIND doubles in 5 years?

The modelled probability of PIIND reaching ₹5,607 (2×) within 5 years is 0%.

What is the bull case for PIIND?

PI Industries is part of the nifty100 universe with live, tracked fundamentals on Downstox.

What are the risks in PIIND?

At 34.3× earnings the stock carries a premium to the market, strong growth is already in the price, so any miss tends to be punished. Return on equity is a soft 11.6%, capital efficiency trails higher-quality peers. The probability model is cautious 12 months out, only a 24% chance of finishing above today's price.

More on PIIND