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Indigo Paints Ltd

(INDIGOPNTS)

₹1434.52.66%

as on 04:01PM, 19 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

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 ₹1601.25

Source: S&P Global Market Intelligence

Indigo Paints Ltd Share analysis

Indigo Paints Ltd price forecast by 8 analysts

Upside of8.66%

High

₹1990

Target

₹1601.25

Low

₹1325

Indigo Paints Ltd target price ₹1601.25, a slight upside of 8.66% compared to current price of ₹1434.5. According to 8 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,415.05
    ₹1,488.9
  • 52 Week's Low

    52 Week's High

    ₹1,250
    ₹1,588
1 Month Return+ 1.88 %
3 Month Return+ 8.05 %
1 Year Return-4.02 %
Previous Close₹1,473.65
Open₹1,488.90
Volume2.65L
Upper Circuit-
Lower Circuit-
Market Cap₹7,019.69Cr

Key Statistics

P/E Ratio49.24
PEG Ratio-378.74
Market Cap₹7,019.69 Cr
P/B Ratio6.54
EPS31.25
Dividend Yield0.28
SectorPaints/Varnish
ROE17.58

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹7,019.69 Cr-10.54%0.51₹148 Cr₹1,306 Cr
HOLD₹24,740.51 Cr-0.01%0.51₹1,175 Cr₹7,801 Cr
HOLD₹3,14,103.70 Cr22.15%0.54₹5,557 Cr₹35,494 Cr
HOLD₹1,62,364.69 Cr29.32%0.52₹1,747 Cr₹12,382 Cr
SELL₹72,302.67 Cr20.64%0.56₹1,169 Cr₹11,198 Cr

Company Information

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: ₹1434.50 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹7,019.69Cr as of today
Revenue: ₹310.96Cr as on June 2024 (Q2 24)
Net Profit: ₹26.65Cr as on June 2024 (Q2 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

  • Peak XV Partners Divests Stake in Indigo Paints - 09 Sep, 2024

    Peak XV Partners, formerly Sequoia Capital India and SEA, sold over 22% stake in Indigo Paints for ₹1,557 crore to investors including Morgan Stanley and HDFC MF.

  • Indigo Paints Shares Drop After Stake Sale - 08 Sep, 2024

    Indigo Paints shares fell 6% to ₹1,452 due to a block deal involving Peak XV Partners selling a 22.04% stake, raising ₹1,557 crore. The stock partially recovered to ₹1,482, down 3.69%.

  • Peak XV Partners Divests Stake in Indigo Paints - 07 Sep, 2024

    Peak XV Partners has sold a 22% stake in Indigo Paints for Rs 1,557 crore to investors including Morgan Stanley and HDFC MF. Following the sale, Indigo Paints shares fell by 4.19% to close at Rs 1,476 on the NSE.

  • Peak XV Partners Divests Stake, Stock Declines - 06 Sep, 2024

    On September 6, 2024, Peak XV Partners divested over 22% of Indigo Paints, leading to a notable decline in stock price. The shares fell significantly amid market fluctuations and reported profit declines.

  • Peak XV Partners Initiates Stake Sale in Indigo Paints - 05 Sep, 2024

    Peak XV Partners is set to offload an 11% stake in Indigo Paints through a block deal valued at ₹750-₹800 crore, priced at ₹1,470 per share. Despite recent revenue growth, profitability has declined due to industry-wide price cuts and regional slowdowns.

  • Nuvama Issues Buy Rating for Indigo Paints - 23 Aug, 2024

    Nuvama Institutional Equities has a Buy rating on Indigo Paints, anticipating double-digit volume growth for FY25, despite mixed trading performance. Indigo Paints shares fell 0.89%.

  • Indigo Paints Faces Weak Q1 but Outlook Remains Positive - 12 Aug, 2024

    Indigo Paints reported weak Q1FY2025 results with a 15% decline in PAT and OPM down to 15.2%. However, July sales showed strong growth, and the company anticipates improved revenue and PAT from Q2. Sharekhan maintains a Buy rating with a target price of Rs 1,750, citing potential market share growth and strong traction in the waterproofing segment.

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

    Retail Holding Up

    img

    Retail Investor have increased holdings from 36.37% to 36.72% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 7.73% to 8.28% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Solar Industries India Ltd has given 457.1% return, outperforming this stock by 500.0%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 53.94% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Solar Industries India Ltd has given 133.6% return, outperforming this stock by 137.6%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 389.04 Cr → 315.17 Cr (in ₹), with an average decrease of 19.0% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 0.78% to 0.31% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 53.68 Cr → 26.2 Cr (in ₹), with an average decrease of 51.2% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, INDIGOPNTS stock has moved down by -42.9%

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹288.42Cr (-)₹279.02Cr (↓3.26%)₹353.77Cr (↑26.79%)₹384.88Cr (↑8.79%)₹310.96Cr (↓19.21%)
Net Income₹31.52Cr (-)₹25.32Cr (↓19.67%)₹37.55Cr (↑48.30%)₹54.44Cr (↑44.98%)₹26.65Cr (↓51.05%)
Net Profit Margin10.93% (-)9.07% (↓17.02%)10.61% (↑16.98%)14.14% (↑33.27%)8.57% (↓39.39%)
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

Nifty Smallcap 250

₹18,270.40

-1.11 (-205.4%)

Nifty 500

₹23,853.95

-0.19 (-44.7%)

S&P BSE 250 SmallCap

₹7,399.09

-1.01 (-75.19%)

S&P BSE 400 MidSmallCap

₹12,769.65

-0.61 (-78.92%)

Nifty MidSmallcap 400

₹20,684.65

-0.73 (-152.4%)

BSE Small-Cap

₹56,312.66

-1.06 (-603.27%)

BSE 500

₹37,616.67

-0.14 (-51.62%)

S&P BSE AllCap

₹11,001.59

-0.22 (-24.68%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
53.94%
0.00
Foreign Institutions
8.28%
7.09
Mutual Funds
0.31%
-60.44
Retail Investors
36.72%
0.97
Others
0.76%
-36.23

Key Indicators

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

Indigo Paints Ltd Valuation

Indigo Paints Ltd in the last 5 years

  • Overview

  • Trends

Lowest (0.00x)

March 29, 2023

Today (49.24x)

September 18, 2024

Industry (58.77x)

September 18, 2024

Highest (55.78x)

November 17, 2023

LowHigh

Earnings and Dividends

  • Indigo Paints Ltd Earnings Results

    Indigo Paints Ltd’s net profit fell -15.59% since last year same period to ₹26.20Cr in the Q1 2024-2025. On a quarterly growth basis, Indigo Paints Ltd has generated -51.19% 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 0.49%.

    Read More about Dividends

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 ₹1434.5

Indigo Paints Ltd is listed on NSE

Indigo Paints Ltd is listed on BSE

  • Today’s highest price of Indigo Paints Ltd is ₹1488.9.
  • Today’s lowest price of Indigo Paints Ltd is ₹1415.05.

PE Ratio of Indigo Paints Ltd is 49.24

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 2.65L.

Today’s market capitalisation of Indigo Paints Ltd(INDIGOPNTS) is ₹7019.69Cr.

Indigo Paints Ltd(INDIGOPNTSPrice
52 Week High
₹1588
52 Week Low
₹1250

Indigo Paints Ltd(INDIGOPNTS) share price is ₹1434.5. It is down -9.67% from its 52 Week High price of ₹1588

Indigo Paints Ltd(INDIGOPNTS) share price is ₹1434.5. It is up 14.76% from its 52 Week Low price of ₹1250

Indigo Paints Ltd(INDIGOPNTSReturns
1 Day Returns
-39.15%
1 Month Returns
1.88%
3 Month Returns
8.05%
1 Year Returns
-4.02%