SHINDL
Sharat Industries Ltd
Each stock's 10,000-path forecast, rendered as light.
Sharat Industries Ltd (SHINDL) Stock Analysis & Case Study
Is SHINDL a good buy? The data-driven verdict.
Sharat Industries Ltd (SHINDL) trades at ₹163,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.
On the numbers, Sharat Industries Ltd (SHINDL) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 40.1× earnings, ROE of 10.9%, a 59% 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.
SHINDL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How SHINDL ranks against the 2,373 companies in our screener
- SHINDL's market cap of 638 Cr ranks in the 31st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SHINDL's book value of ₹39 ranks in the 28th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SHINDL's promoter holding of 45.0% ranks in the 23rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SHINDL's 3-year profit (PAT) growth of 35.0% ranks in the 74th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SHINDL's 3-year revenue growth of 17.0% ranks in the 67th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SHINDL's debt-to-equity ratio of 0.82x is lower than 20% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is SHINDL overvalued? SHINDL P/E vs peers
SHINDL trades at 40.1× 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.
SHINDL 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 SHINDL history (26%/yr drift, 34%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| SHINDL 2027 | ₹114 | ₹175 | ₹268 | +8% |
| SHINDL 2028 | ₹102 | ₹189 | ₹350 | +17% |
| SHINDL 2029 | ₹96 | ₹204 | ₹432 | +26% |
| SHINDL 2030 | ₹94 | ₹220 | ₹519 | +36% |
| SHINDL 2031 | ₹90 | ₹238 | ₹630 | +47% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability SHINDL goes up, or doubles?
The bull case for SHINDL
- Sharat Industries Ltd is part of the nifty500 universe with live, tracked fundamentals on Downstox.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹432.
The bear case & risks
- SHINDL's P/E of 40.1x is lower than 33% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- SHINDL's return on equity of 10.9% ranks in the 54th 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 ₹96.
SHINDL volatility & expected range, how bumpy is the ride?
Over the last 9.8 years SHINDL compounded at 26%/year with annualized volatility of 34%. That volatility implies a 1-year 80% range of ₹114-₹268, the honest backbone behind any single price target.
SHINDL price forecast, the full 60-month probability fan
SHINDL 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 SHINDL hits common targets within the simulated horizon?
Full multi-horizon detail on the SHINDL price target & forecast page.
SHINDL Piotroski F-Score: 6/8, 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. SHINDL scores 6/8, mixed financial health.
SHINDL MTF margin & leverage across 4 brokers
Margin Trading Facility lets you buy SHINDL with part of the capital. Lower margin % = higher leverage. Rates compared across 4 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Zerodha | 50.00% | 2.0× |
| Groww | 31.75% | 3.1× |
| Pocketful | 50.00% | 2.0× |
| Share IndiaCHEAPEST | 31.72% | 3.2× |
Compare every broker on the SHINDL MTF page.
About Sharat Industries Ltd: sector, index & market-cap context
Sharat Industries Ltd (SHINDL) is a small-cap NSE-listed company, with a market capitalisation of ₹638 Cr. See more stocks on our screener.
How the SHINDL Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Sharat 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.
SHINDL analysis, FAQs
Is Sharat Industries Ltd (SHINDL) a good buy?
On the numbers, Sharat Industries Ltd (SHINDL) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 40.1× earnings, ROE of 10.9%, a 59% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is SHINDL overvalued or undervalued?
SHINDL trades at 40.1× earnings, expensive versus the ~22× long-run Nifty average.
What is the SHINDL share price target for 2031?
SHINDL's probability-weighted 2031 median target is ₹238, with an 80% range of ₹90-₹630 (10,000-path Monte-Carlo).
What is the probability SHINDL doubles in 5 years?
The modelled probability of SHINDL reaching ₹324 (2×) within 5 years is 34%.
What is the bull case for SHINDL?
Sharat Industries Ltd is part of the nifty500 universe with live, tracked fundamentals on Downstox.
What are the risks in SHINDL?
SHINDL's P/E of 40.1x is lower than 33% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SHINDL's return on equity of 10.9% ranks in the 54th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.