SETL
Standard Engineering\nTechnology Limited
Each stock's 10,000-path forecast, rendered as light.
Standard Engineering\nTechnology Limited (SETL) Stock Analysis & Case Study
Is SETL a good buy? The data-driven verdict.
Standard Engineering\nTechnology Limited (SETL) trades at ₹275,on the numbers it high-risk on the numbers, a Downstox Snapshot Score of 28/100.
On the numbers, Standard Engineering\nTechnology Limited (SETL) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 64.0× earnings, ROE of 10.7%, a 49% 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.
SETL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How SETL ranks against the 2,373 companies in our screener
- SETL's market cap of 5,606 Cr ranks in the 67th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SETL's book value of ₹40 ranks in the 28th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SETL's promoter holding of 60.5% ranks in the 52nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SETL's 3-year profit (PAT) growth of 14.0% ranks in the 48th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SETL's 3-year revenue growth of 16.0% ranks in the 65th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SETL's debt-to-equity ratio of 0.11x is lower than 75% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is SETL overvalued? SETL P/E vs peers
SETL trades at 64.0× 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.
SETL 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 1.5y of SETL history (35%/yr drift, 51%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| SETL 2027 | ₹144 | ₹276 | ₹530 | -2% |
| SETL 2028 | ₹107 | ₹271 | ₹684 | -4% |
| SETL 2029 | ₹86 | ₹266 | ₹827 | -5% |
| SETL 2030 | ₹71 | ₹261 | ₹957 | -7% |
| SETL 2031 | ₹58 | ₹256 | ₹1,140 | -9% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability SETL goes up, or doubles?
The bull case for SETL
- Standard Engineering\nTechnology Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹827.
The bear case & risks
- SETL's P/E of 65.5x is lower than 19% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SETL's return on equity of 10.7% ranks in the 53rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- High historical volatility (51%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹86.
SETL volatility & expected range, how bumpy is the ride?
Over the last 1.5 years SETL compounded at 35%/year with annualized volatility of 51%. That volatility implies a 1-year 80% range of ₹144-₹530, the honest backbone behind any single price target.
SETL price forecast, the full 60-month probability fan
SETL 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 SETL hits common targets within the simulated horizon?
Full multi-horizon detail on the SETL price target & forecast page.
SETL 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. SETL scores 5/8, mixed financial health.
SETL MTF margin & leverage across 3 brokers
Margin Trading Facility lets you buy SETL with part of the capital. Lower margin % = higher leverage. Rates compared across 3 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Kotak Neo | 100.00% | 1.0× |
| Anand Rathi | 100.00% | 1.0× |
| Share IndiaCHEAPEST | 37.92% | 2.6× |
Compare every broker on the SETL MTF page.
About Standard Engineering\nTechnology Limited: sector, index & market-cap context
Standard Engineering\nTechnology Limited (SETL) is a small-cap NSE-listed company, with a market capitalisation of ₹5,477 Cr. See more stocks on our screener.
How the SETL Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Standard Engineering\nTechnology 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.
SETL analysis, FAQs
Is Standard Engineering\nTechnology Limited (SETL) a good buy?
On the numbers, Standard Engineering\nTechnology Limited (SETL) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 64.0× earnings, ROE of 10.7%, a 49% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is SETL overvalued or undervalued?
SETL trades at 64.0× earnings, expensive versus the ~22× long-run Nifty average.
What is the SETL share price target for 2031?
SETL's probability-weighted 2031 median target is ₹256, with an 80% range of ₹58-₹1,140 (10,000-path Monte-Carlo).
What is the probability SETL doubles in 5 years?
The modelled probability of SETL reaching ₹562 (2×) within 5 years is 24%.
What is the bull case for SETL?
Standard Engineering\nTechnology Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
What are the risks in SETL?
SETL's P/E of 65.5x is lower than 19% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SETL's return on equity of 10.7% ranks in the 53rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (51%/yr) means a wide, bumpy range of outcomes, size positions accordingly.