Case study

VSTIND

Vst Industries Limited

Worth a closer look1y model +1.6%

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

56Score

Vst Industries Limited (VSTIND) Stock Analysis & Case Study

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

Vst Industries Limited (VSTIND) trades at ₹220,on the numbers it worth a closer look, a Downstox Snapshot Score of 56/100.

On the numbers, Vst Industries Limited (VSTIND) worth a closer look, a Downstox Snapshot Score of 56/100, weighing expensive at 60.8× earnings, ROE of 24.9%, a 52% 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.

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

Market cap
₹3,733 Cr
Current price
₹220
P/E ratio
60.8×
P/B ratio
14.97×
Book value
₹15
Dividend yield
5.46%
ROCE
34.4%
ROE
24.9%
Piotroski F-Score
6/8

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

We do not hold a debt-to-equity ratio figure for VSTIND, as of 9 Aug 2026, so it is not ranked here.

Is VSTIND overvalued? VSTIND P/E vs peers

VSTIND trades at 60.8× 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.

VSTIND 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 VSTIND history (2%/yr drift, 34%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
VSTIND 2027₹145₹223₹344+2%
VSTIND 2028₹122₹227₹421+3%
VSTIND 2029₹109₹231₹490+5%
VSTIND 2030₹98₹234₹562+7%
VSTIND 2031₹90₹238₹629+8%

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

What is the probability VSTIND goes up, or doubles?

52%
Higher in 1 year
Modelled chance the price is above today in 12 months
54%
Higher in 5 years
Modelled chance the price is above today in 5 years
21%
Doubles in 5 years
Modelled chance of reaching ₹440 within 5 years

The bull case for VSTIND

  • VSTIND's return on equity of 24.9% ranks in the 90th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • VSTIND's return on capital employed of 34.4% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • VSTIND's dividend yield of 5.5% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹490.

The bear case & risks

  • VSTIND's P/E of 60.8x is lower than 20% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 15.0× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹109.

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

Over the last 9.8 years VSTIND compounded at 2%/year with annualized volatility of 34%. That volatility implies a 1-year 80% range of ₹145-₹344, the honest backbone behind any single price target.

VSTIND 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)
1.6%
80% range₹145-₹344
P(price ↑)52%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
5.0%
80% range₹109-₹490
P(price ↑)53%
P(price 2×)14%
5-Year Forecast
2031
₹0
Median (P50)
8.4%
80% range₹90-₹629
P(price ↑)54%
P(price 2×)21%

VSTIND price probability fan

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

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

Probability of key outcomes

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

VSTIND Piotroski F-Score: 6/8, how financially strong is it?

6/8

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. VSTIND scores 6/8, mixed financial health.

VSTIND MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy VSTIND with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
ZerodhaCHEAPEST28.91%3.5×
Groww60.00%1.7×
Dhan35.00%2.9×
Kotak Neo34.97%2.9×
Paytm Money28.96%3.5×
Pocketful29.07%3.4×
Fyers50.00%2.0×
Anand RathiCHEAPEST28.91%3.5×
Bajaj Broking35.00%2.9×
Share India29.02%3.4×

Compare every broker on the VSTIND MTF page.

Which ace investors hold VSTIND?

Held by 1 tracked superstar investor (from public NSE/BSE disclosures):

About Vst Industries Limited: sector, index & market-cap context

Vst Industries Limited (VSTIND) is a small-cap NSE-listed company, with a market capitalisation of ₹3,733 Cr. See more stocks on our screener.

How the VSTIND Snapshot Score & forecast are built

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

VSTIND analysis, FAQs

Is Vst Industries Limited (VSTIND) a good buy?

On the numbers, Vst Industries Limited (VSTIND) worth a closer look, a Downstox Snapshot Score of 56/100, weighing expensive at 60.8× earnings, ROE of 24.9%, a 52% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is VSTIND overvalued or undervalued?

VSTIND trades at 60.8× earnings, expensive versus the ~22× long-run Nifty average.

What is the VSTIND share price target for 2031?

VSTIND's probability-weighted 2031 median target is ₹238, with an 80% range of ₹90-₹629 (10,000-path Monte-Carlo).

What is the probability VSTIND doubles in 5 years?

The modelled probability of VSTIND reaching ₹440 (2×) within 5 years is 21%.

What is the bull case for VSTIND?

VSTIND's return on equity of 24.9% ranks in the 90th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. VSTIND's return on capital employed of 34.4% ranks in the top 5% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. VSTIND's dividend yield of 5.5% ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in VSTIND?

VSTIND's P/E of 60.8x is lower than 20% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 15.0× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on VSTIND