Case study

SHK

S H Kelkar And Company Limited

High-risk on the numbers1y model -1.1%

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

28Score

S H Kelkar And Company Limited (SHK) Stock Analysis & Case Study

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

S H Kelkar And Company Limited (SHK) trades at ₹170,on the numbers it high-risk on the numbers, a Downstox Snapshot Score of 28/100.

On the numbers, S H Kelkar And Company Limited (SHK) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 49.9× earnings, ROE of 3.7%, 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.

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

Market cap
₹2,355 Cr
Current price
₹170
P/E ratio
49.9×
P/B ratio
1.73×
Book value
₹98
Dividend yield
0.59%
ROCE
5.8%
ROE
3.7%
Piotroski F-Score
5/8

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

Is SHK overvalued? SHK P/E vs peers

SHK trades at 49.9× 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.

SHK 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 SHK history (-4%/yr drift, 49%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
SHK 2027₹89₹167₹313-1%
SHK 2028₹68₹165₹401-2%
SHK 2029₹54₹163₹497-3%
SHK 2030₹46₹161₹571-4%
SHK 2031₹39₹160₹647-5%

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

What is the probability SHK goes up, or doubles?

49%
Higher in 1 year
Modelled chance the price is above today in 12 months
48%
Higher in 5 years
Modelled chance the price is above today in 5 years
25%
Doubles in 5 years
Modelled chance of reaching ₹337 within 5 years

The bull case for SHK

  • S H Kelkar And Company Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹497.

The bear case & risks

  • SHK's P/E of 49.4x is lower than 27% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • SHK's return on equity of 3.7% ranks in the 25th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • High historical volatility (49%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹54.

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

Over the last 9.8 years SHK compounded at -4%/year with annualized volatility of 49%. That volatility implies a 1-year 80% range of ₹89-₹313, the honest backbone behind any single price target.

SHK 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)
1.1%
80% range₹89-₹313
P(price ↑)49%
P(price 2×)7%
3-Year Forecast
2029
₹0
Median (P50)
3.2%
80% range₹54-₹497
P(price ↑)48%
P(price 2×)20%
5-Year Forecast
2031
₹0
Median (P50)
5.3%
80% range₹39-₹647
P(price ↑)48%
P(price 2×)25%

SHK price probability fan

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

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

Probability of key outcomes

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

SHK Piotroski F-Score: 5/8, how financially strong is it?

5/8

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. SHK scores 5/8, mixed financial health.

SHK MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy SHK with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox37.76%2.6×
Zerodha37.71%2.7×
Groww37.95%2.6×
Dhan40.00%2.5×
Kotak Neo37.74%2.6×
Paytm Money43.90%2.3×
PocketfulCHEAPEST36.65%2.7×
Anand Rathi37.71%2.7×
Bajaj Broking45.00%2.2×
Share India37.90%2.6×

Compare every broker on the SHK MTF page.

About S H Kelkar And Company Limited: sector, index & market-cap context

S H Kelkar And Company Limited (SHK) is a small-cap NSE-listed company, with a market capitalisation of ₹2,355 Cr. See more stocks on our screener.

How the SHK Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of S H Kelkar And Company 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.

SHK analysis, FAQs

Is S H Kelkar And Company Limited (SHK) a good buy?

On the numbers, S H Kelkar And Company Limited (SHK) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing expensive at 49.9× earnings, ROE of 3.7%, a 49% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is SHK overvalued or undervalued?

SHK trades at 49.9× earnings, expensive versus the ~22× long-run Nifty average.

What is the SHK share price target for 2031?

SHK's probability-weighted 2031 median target is ₹160, with an 80% range of ₹39-₹647 (10,000-path Monte-Carlo).

What is the probability SHK doubles in 5 years?

The modelled probability of SHK reaching ₹337 (2×) within 5 years is 25%.

What is the bull case for SHK?

S H Kelkar And Company Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.

What are the risks in SHK?

SHK's P/E of 49.4x is lower than 27% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SHK's return on equity of 3.7% ranks in the 25th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (49%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on SHK