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Indigo Paints Ltd

(INDIGOPNTS)

₹1494.50.42%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Indigo Paints Ltd Analyst Rating

based on 8 analysts

BUY

50.00%

Buy

25.00%

Hold

25.00%

Sell

Based on 8 analysts offering long term price targets for Indigo Paints Ltd. An average target of ₹1626.62

Source: S&P Global Market Intelligence

Indigo Paints Ltd Share analysis

Indigo Paints Ltd price forecast by 8 analysts

Upside of8.38%

High

₹1905

Target

₹1626.62

Low

₹1300

Indigo Paints Ltd target price ₹1626.62, a slight upside of 8.38% compared to current price of ₹1494.5. According to 8 analysts rating.

Source: S&P Global Market Intelligence

Indigo Paints Ltd Performance

  • Day's Low

    Day's High

    ₹1,479.25
    ₹1,505.5
  • 52 Week's Low

    52 Week's High

    ₹1,250
    ₹1,720.3
1 Month Return-9.27 %
3 Month Return+ 2.13 %
1 Year Return-0.28 %
Previous Close₹1,500.80
Open₹1,500.85
Volume59.55K
Upper Circuit-
Lower Circuit-
Market Cap₹7,149.02Cr

Indigo Paints Ltd Key Statistics

P/E Ratio51.12
PEG Ratio29.04
Market Cap₹7,149.02 Cr
P/B Ratio6.54
EPS31.25
Dividend Yield0.28
SectorPaints/Varnish
ROE17.58

Indigo Paints Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹7,149.02 Cr-10.37%0.51₹148 Cr₹1,306 Cr
HOLD₹21,107.48 Cr-5.33%0.51₹1,175 Cr₹7,801 Cr
HOLD₹2,38,235.96 Cr8.87%0.54₹5,557 Cr₹35,494 Cr
HOLD₹1,52,680.69 Cr26.19%0.52₹1,747 Cr₹12,382 Cr
SELL₹55,521.04 Cr3.74%0.56₹1,169 Cr₹11,198 Cr

About Indigo Paints Ltd

Indigo Paints Ltd is a leading paint manufacturing company incorporated in the year 2000. Indigo Paints Ltd has operations across the country, with a wide range of products and services in the paint industry. The company manufactures and supplies a variety of paints, including interior wall paints, exterior wall paints, wood paints, and metal paints.

Their top products include Indigo Emulsion, Indigo Acrylic Distemper, Indigo Primer, and Indigo Exterior Wall Finish. Popular brands include Indigo Home, Indigo Pro, and Indigo Shield. The company also offers a wide range of services, including painting services, color consulting, and painting training.

Share Price: ₹1494.50 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹7,149.02Cr as of today
Revenue: ₹299.53Cr as on September 2024 (Q3 24)
Net Profit: ₹22.26Cr as on September 2024 (Q3 24)
Listing date: 02 Feb, 2021
Chairperson Name: Hemant Jalan
OrganisationIndigo Paints Ltd
HeadquartersPune
IndustryPaints/Varnish
E-voting on sharesClick here to vote

Key events for Indigo Paints Ltd

  • Indigo Paints Reports Mixed Quarterly Results - 13 Nov, 2024

    Indigo Paints reported a 7.4% YoY revenue growth but a decline in EBITDA and PAT. The company maintains a price target of Rs 1,710 with a Hold rating.

  • Indigo Paints Reports Steady Growth Amid Challenges - 12 Nov, 2024

    Indigo Paints reported a 7% YoY sales growth in 2QFY25, with robust performance from its subsidiary Apple Chemie. Despite a dip in gross margins and EBITDA, the company anticipates a rebound in demand in 3Q. Motilal Oswal maintains a BUY rating with a target price of Rs 1,750, citing strong brand acceptance and distribution expansion as key growth drivers.

  • Indigo Paints Maintains Buy Rating with Revised Target - 11 Nov, 2024

    Indigo Paints' Q2FY2025 results met expectations, with a 7.4% revenue growth. Despite a decline in PAT and margin contraction, management anticipates improved demand and margins in H2. Sharekhan maintains a Buy rating with a target price of Rs 1,819.

  • Indigo Paints Reports Growth Amid Profit Decline - 08 Nov, 2024

    Indigo Paints announced a 6.69% YoY increase in September 2024 net sales, but net profit fell by 7.71%. The company aims for double-digit revenue growth in 2024-25 despite a 12% drop in profit after tax in Q2FY25.

  • Indigo Paints Reports Mixed Q2 FY25 Earnings Results - 07 Nov, 2024

    Indigo Paints announced its Q2 FY25 results, revealing a 7.4% revenue increase but a 12.1% decline in net profit. The company faces challenges in profitability despite strong revenue growth.

  • Indigo Paints Shares Rise Amid Falling Crude Prices - 16 Oct, 2024

    Indigo Paints Ltd experienced a nearly 5% surge in share price, reaching ₹1,574.40, following a significant drop in U.S. crude oil futures amid easing tensions in the Middle East.

Insights on Indigo Paints Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 8.28% to 12.31% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.31% to 14.89% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Solar Industries India Ltd has given 43.8% return, outperforming this stock by 44.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Solar Industries India Ltd has given 256.4% return, outperforming this stock by 291.7%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 53.68 Cr → 22.65 Cr (in ₹), with an average decrease of 32.4% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 389.04 Cr → 304.65 Cr (in ₹), with an average decrease of 11.2% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, INDIGOPNTS stock has moved down by -35.3%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 53.94% to 53.92% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 36.72% to 17.64% in Sep 2024 quarter

Indigo Paints Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹279.02Cr (-)₹353.77Cr (↑26.79%)₹384.88Cr (↑8.79%)₹310.96Cr (↓19.21%)₹299.53Cr (↓3.68%)
Net Income₹25.32Cr (-)₹37.55Cr (↑48.30%)₹54.44Cr (↑44.98%)₹26.65Cr (↓51.05%)₹22.26Cr (↓16.47%)
Net Profit Margin9.07% (-)10.61% (↑16.98%)14.14% (↑33.27%)8.57% (↓39.39%)7.43% (↓13.30%)
Value in ₹ crore
Details2021202220232024
Total Assets₹815.48Cr (-)₹919.90Cr (↑12.80%)₹1,065.92Cr (↑15.87%)₹1,227.57Cr (↑15.17%)
Total Liabilities₹251.99Cr (-)₹270.04Cr (↑7.16%)₹289.79Cr (↑7.31%)₹312.50Cr (↑7.84%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹72.34Cr (-)₹121.32Cr (↑67.71%)₹65.19Cr (↓46.27%)₹116.11Cr (↑78.11%)₹152.10Cr (↑31.00%)

Index Inclusions

BSE 500

₹34,361.41

-0.84 (-289.42%)

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE 400 MidSmallCap

₹11,623.42

-0.49 (-57.13%)

S&P BSE 250 SmallCap

₹6,734.99

-0.72 (-48.51%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Indigo Paints Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
53.92%
-0.03
Foreign Institutions
12.31%
48.73
Mutual Funds
14.89%
4726.78
Retail Investors
17.64%
-51.97
Others
1.24%
64.61

Indigo Paints Ltd Key Indicators

Details20202021202220232024
Return On Equity %31.0519.0913.8518.5117.58
Details2024
Return On Assets %12
Details2024
Book Value Per Share (₹)189.44
Details2024
Earning Per Share (₹)31.25

Indigo Paints Ltd Valuation

Indigo Paints Ltd in the last 5 years

  • Overview

  • Trends

Lowest (0.00x)

March 29, 2023

Industry (45.36x)

November 19, 2024

Today (51.12x)

November 19, 2024

Highest (57.32x)

October 29, 2024

LowHigh

Indigo Paints Ltd Earnings and Dividends

  • Indigo Paints Ltd Earnings Results

    Indigo Paints Ltd’s net profit fell -10.62% since last year same period to ₹22.65Cr in the Q2 2024-2025. On a quarterly growth basis, Indigo Paints Ltd has generated -13.55% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Indigo Paints Ltd Dividends May,2024

    In the quarter ending March 2024, Indigo Paints Ltd has declared dividend of ₹3.50 - translating a dividend yield of 0.47%.

    Read More about Dividends

Indigo Paints Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Indigo Paints Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Indigo Paints Ltd (INDIGOPNTS) share price today is ₹1494.5

Indigo Paints Ltd is listed on NSE

Indigo Paints Ltd is listed on BSE

  • Today’s highest price of Indigo Paints Ltd is ₹1505.5.
  • Today’s lowest price of Indigo Paints Ltd is ₹1479.25.

PE Ratio of Indigo Paints Ltd is 51.12

PE ratio = Indigo Paints Ltd Market price per share / Indigo Paints Ltd Earnings per share

Today’s traded volume of Indigo Paints Ltd(INDIGOPNTS) is 59.55K.

Today’s market capitalisation of Indigo Paints Ltd(INDIGOPNTS) is ₹7149.02Cr.

Indigo Paints Ltd(INDIGOPNTSPrice
52 Week High
₹1720.3
52 Week Low
₹1250

Indigo Paints Ltd(INDIGOPNTS) share price is ₹1494.5. It is down -13.13% from its 52 Week High price of ₹1720.3

Indigo Paints Ltd(INDIGOPNTS) share price is ₹1494.5. It is up 19.56% from its 52 Week Low price of ₹1250

Indigo Paints Ltd(INDIGOPNTSReturns
1 Day Returns
-6.3%
1 Month Returns
-9.27%
3 Month Returns
2.13%
1 Year Returns
-0.28%