Case study

SHEKHAWATI

Shekhawati Industries Ltd

Screens attractive1y model -3.7%

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

71Score

Shekhawati Industries Ltd (SHEKHAWATI) Stock Analysis & Case Study

What the numbers say about SHEKHAWATI, and the method behind each one.

Shekhawati Industries Ltd (SHEKHAWATI) trades at ₹19,on the numbers it screens attractive, a Downstox Snapshot Score of 71/100.

On the numbers, Shekhawati Industries Ltd (SHEKHAWATI) screens attractive, a Downstox Snapshot Score of 71/100, weighing inexpensive at 5.5× earnings, ROE of 49.1%, 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.

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

Market cap
₹68 Cr
Current price
₹19
P/E ratio
5.5×
P/B ratio
3.03×
Book value
₹6
ROCE
47.3%
ROE
49.1%
Piotroski F-Score
4/8

How SHEKHAWATI ranks against the 2,982 companies in our screener

Is SHEKHAWATI overvalued? SHEKHAWATI P/E vs peers

SHEKHAWATI trades at 5.5× 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.

SHEKHAWATI 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 SHEKHAWATI history (2%/yr drift, 55%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
SHEKHAWATI 2027₹9₹19₹38-4%
SHEKHAWATI 2028₹7₹18₹49-7%
SHEKHAWATI 2029₹5₹17₹59-11%
SHEKHAWATI 2030₹4₹17₹68-14%
SHEKHAWATI 2031₹3₹16₹77-17%

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

What is the probability SHEKHAWATI goes up, or doubles?

48%
Higher in 1 year
Modelled chance the price is above today in 12 months
44%
Higher in 5 years
Modelled chance the price is above today in 5 years
23%
Doubles in 5 years
Modelled chance of reaching ₹39 within 5 years

The bull case for SHEKHAWATI

  • SHEKHAWATI's P/E of 5.5x is lower than 93% of the 2,982 NSE companies in our screener, as of 14 Aug 2026.
  • SHEKHAWATI's return on equity of 49.1% ranks in the top 2% of the 2,982 NSE companies in our screener, as of 14 Aug 2026.
  • SHEKHAWATI's return on capital employed of 47.3% ranks in the top 2% of the 2,982 NSE companies in our screener, as of 14 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹59.

The bear case & risks

  • High historical volatility (55%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹5.

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

Over the last 9.8 years SHEKHAWATI compounded at 2%/year with annualized volatility of 55%. That volatility implies a 1-year 80% range of ₹9-₹38, the honest backbone behind any single price target.

SHEKHAWATI 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)
3.7%
80% range₹9-₹38
P(price ↑)48%
P(price 2×)9%
3-Year Forecast
2029
₹0
Median (P50)
10.6%
80% range₹5-₹59
P(price ↑)45%
P(price 2×)20%
5-Year Forecast
2031
₹0
Median (P50)
17.0%
80% range₹3-₹77
P(price ↑)44%
P(price 2×)23%

SHEKHAWATI price probability fan

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

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

Probability of key outcomes

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

SHEKHAWATI Piotroski F-Score: 4/8, how financially strong is it?

4/8

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. SHEKHAWATI scores 4/8, mixed financial health.

About Shekhawati Industries Ltd: sector, index & market-cap context

Shekhawati Industries Ltd (SHEKHAWATI) is a small-cap NSE-listed company, with a market capitalisation of ₹68 Cr. See more stocks on our screener.

How the SHEKHAWATI Snapshot Score & forecast are built

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

SHEKHAWATI analysis, FAQs

Is Shekhawati Industries Ltd (SHEKHAWATI) a good buy?

On the numbers, Shekhawati Industries Ltd (SHEKHAWATI) screens attractive, a Downstox Snapshot Score of 71/100, weighing inexpensive at 5.5× earnings, ROE of 49.1%, a 48% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is SHEKHAWATI overvalued or undervalued?

SHEKHAWATI trades at 5.5× earnings, inexpensive versus the ~22× long-run Nifty average.

What is the SHEKHAWATI share price target for 2031?

SHEKHAWATI's probability-weighted 2031 median target is ₹16, with an 80% range of ₹3-₹77 (10,000-path Monte-Carlo).

What is the probability SHEKHAWATI doubles in 5 years?

The modelled probability of SHEKHAWATI reaching ₹39 (2×) within 5 years is 23%.

What is the bull case for SHEKHAWATI?

SHEKHAWATI's P/E of 5.5x is lower than 93% of the 2,982 NSE companies in our screener, as of 14 Aug 2026. SHEKHAWATI's return on equity of 49.1% ranks in the top 2% of the 2,982 NSE companies in our screener, as of 14 Aug 2026. SHEKHAWATI's return on capital employed of 47.3% ranks in the top 2% of the 2,982 NSE companies in our screener, as of 14 Aug 2026.

What are the risks in SHEKHAWATI?

High historical volatility (55%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on SHEKHAWATI

For information and education only. Downstox is a data and analytics platform, not a SEBI-registered Research Analyst or Investment Adviser. Nothing here is investment advice or a recommendation to buy, sell or hold any security. Any scores, ranks, targets or scenarios are model estimates shown with their method, not forecasts or assured outcomes. Markets carry risk; do your own research and consult a SEBI-registered adviser before investing.