Indigo Paints Ltd
INDIGOPNTSIndigo Paints Ltd
INDIGOPNTS
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 51.14 | 7.92 | 0.23% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 29.26 | 3.32 | 1.39% |
Forecast & Ratings
Detailed Forecast from 6 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Indigo Paints is an India-based paint manufacturing company. The Company products include interior emulsions, exterior emulsions, enamels, putties and primers, sleek wood coatings, ceiling coat, roof coat and floor coat paint.
Investor Presentation
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
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Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2023 | FY 2024 | TTM | |||
|---|---|---|---|---|---|---|
| Total Revenue | 1,083.40 | 1,320.31 | 1,365.69 | |||
Raw Materials | 596.89 | 712.57 | 1,113.45 | |||
| Power & Fuel Cost | 4.75 | 7.07 | ||||
| Employee Cost | 73.10 | 99.48 | ||||
| Selling & Administrative Expenses | 101.05 | 118.67 | ||||
| Operating & Other expenses | 116.01 | 130.23 | ||||
EBITDA | 191.60 | 252.29 | 252.24 | |||
| Depreciation/Amortization | 34.35 | 51.58 | 60.80 | |||
| PBIT | 157.25 | 200.71 | 191.44 | |||
| Interest & Other Items | 1.38 | 2.12 | 2.43 | |||
| PBT | 155.87 | 198.59 | 189.01 | |||
| Taxes & Other Items | 23.94 | 51.27 | 49.24 | |||
| Net Income | 131.93 | 147.32 | 139.77 | |||
| EPS | 27.72 | 30.95 | 29.35 | |||
| DPS | 3.50 | 3.50 | 3.50 | |||
| Payout ratio | 0.13 | 0.11 | 0.12 |
Company Updates
Peers & Comparison
MaterialsPaints
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Indigo Paints Ltd | 48.52 | 7.92 | 0.23% |
| Asian Paints Ltd | 43.60 | 12.26 | 1.34% |
| Berger Paints India Ltd | 47.54 | 10.30 | 0.73% |
| Kansai Nerolac Paints Ltd | 17.80 | 3.77 | 1.44% |
Price Comparison
Compare INDIGOPNTS with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.50%
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 4.03%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 14.58%
Top 5 Mutual Funds holding Indigo Paints Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 5.9841% | Percentage of the fund’s portfolio invested in the stock 0.70% | Change in the portfolio weight of the stock over the last 3 months 0.70% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 125/232 (+100) |
HDFC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.7715% | Percentage of the fund’s portfolio invested in the stock 0.80% | Change in the portfolio weight of the stock over the last 3 months 0.80% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 88/92 (+3) |
Nippon India Multi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.7683% | Percentage of the fund’s portfolio invested in the stock 0.32% | Change in the portfolio weight of the stock over the last 3 months 0.32% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 94/122 (+23) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 2, 2024
Dividend/Share
₹3.50
Ex DateEx Date
Aug 2, 2024
Cash Dividend
Ex DateEx DateJul 28, 2023
Dividend/Share
₹3.50
Ex DateEx Date
Jul 28, 2023
Cash Dividend
Ex DateEx DateAug 25, 2022
Dividend/Share
₹3.00
Ex DateEx Date
Aug 25, 2022
Indigo Paints announced the resignation of Sakshi Chopra (DIN: 07129633) as Non-Executive - Nominee Director of the Company, with effect from close of business hours on 07 November 2024. Powered by Capital Market - Live
However, revenue from operations increased 7.35% YoY to Rs 299.53 crore in Q2 FY25. Profit before tax stood at Rs 30.55 crore in the quarter ended 30 September 2024, down 8.66% from Rs 33.45 crore posted in same quarter last year. During the quarter, the company's EBITDA grew by 1.5% to Rs 41.5 crore in Q2 FY25 as compared to Rs 42.1 crore posted in Q2 FY24. On standalone basis, the company's consolidated net profit declined 7.69% to Rs 24.12 crore in Q2 FY25 as compared with Rs 26.13 crore in Q2 FY24. Revenue from operations increased 6.68% YoY to Rs 288.55 crore during the quarter. On half year basis, the company's consolidated net profit decline 13.37% to Rs 48.84 crore in H1 FY25 as against Rs 567.44 crore posted in H1 FY24. Revenue from operations was at Rs 610.50 crore in H1 FY25, up 7.58% as against Rs 567.44 crore posted in H1 FY24. Indigo Paints offers a wide range of interior & exterior wall paint colours, enamels & wood coatings for homes & offices. Shares of Indigo Paints shed 0.27% to Rs 1,633.65 on the BSE.Powered by Capital Market - Live
Net profit of Indigo Paints declined 10.62% to Rs 22.65 crore in the quarter ended September 2024 as against Rs 25.34 crore during the previous quarter ended September 2023. Sales rose 7.35% to Rs 299.53 crore in the quarter ended September 2024 as against Rs 279.02 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales299.53279.02 7 OPM %13.8615.10 - PBDT45.9144.75 3 PBT30.5533.46 -9 NP22.6525.34 -11 Powered by Capital Market - Live
Indigo Paints will hold a meeting of the Board of Directors of the Company on 7 November 2024.Powered by Capital Market - Live
Sapphire Foods India Ltd, Gujarat Fluorochemicals Ltd, Gujarat Mineral Development Corporation Ltd, Astrazeneca Pharma India Ltd are among the other stocks to see a surge in volumes on NSE today, 06 September 2024.Indigo Paints Ltd saw volume of 236.18 lakh shares by 14:14 IST on NSE, a 139.79 fold spurt over two-week average daily volume of 1.69 lakh shares. The stock dropped 3.16% to Rs.1,491.90. Volumes stood at 3.42 lakh shares in the last session.Sapphire Foods India Ltd witnessed volume of 33.58 lakh shares by 14:14 IST on NSE, a 7.99 times surge over two-week average daily volume of 4.20 lakh shares. The stock dropped 2.12% to Rs.325.00. Volumes stood at 25.82 lakh shares in the last session.Gujarat Fluorochemicals Ltd clocked volume of 22.72 lakh shares by 14:14 IST on NSE, a 5.66 times surge over two-week average daily volume of 4.02 lakh shares. The stock gained 7.54% to Rs.3,790.00. Volumes stood at 22.1 lakh shares in the last session.Gujarat Mineral Development Corporation Ltd notched up volume of 34.47 lakh shares by 14:14 IST on NSE, a 5.59 fold spurt over two-week average daily volume of 6.17 lakh shares. The stock rose 1.61% to Rs.370.05. Volumes stood at 3.83 lakh shares in the last session.Astrazeneca Pharma India Ltd saw volume of 61221 shares by 14:14 IST on NSE, a 5.25 fold spurt over two-week average daily volume of 11651 shares. The stock increased 0.80% to Rs.6,945.00. Volumes stood at 20395 shares in the last session.Powered by Capital Market - Live
Procter & Gamble Hygiene and Health Care Ltd, Aurobindo Pharma Ltd, Procter & Gamble Health Ltd, Gujarat Fluorochemicals Ltd are among the other stocks to see a surge in volumes on BSE today, 06 September 2024.Indigo Paints Ltd registered volume of 41.36 lakh shares by 10:45 IST on BSE, a 235.87 fold spurt over two-week average daily volume of 17534 shares. The stock slipped 3.49% to Rs.1,485.65. Volumes stood at 51409 shares in the last session.Procter & Gamble Hygiene and Health Care Ltd notched up volume of 8671 shares by 10:45 IST on BSE, a 18.17 fold spurt over two-week average daily volume of 477 shares. The stock rose 0.02% to Rs.16,150.05. Volumes stood at 182 shares in the last session.Aurobindo Pharma Ltd recorded volume of 1.89 lakh shares by 10:45 IST on BSE, a 11.68 times surge over two-week average daily volume of 16148 shares. The stock lost 0.15% to Rs.1,530.25. Volumes stood at 27346 shares in the last session.Procter & Gamble Health Ltd clocked volume of 2142 shares by 10:45 IST on BSE, a 5.61 times surge over two-week average daily volume of 382 shares. The stock gained 0.43% to Rs.5,221.90. Volumes stood at 180 shares in the last session.Gujarat Fluorochemicals Ltd clocked volume of 47154 shares by 10:45 IST on BSE, a 3.91 times surge over two-week average daily volume of 12051 shares. The stock gained 5.62% to Rs.3,725.00. Volumes stood at 61372 shares in the last session.Powered by Capital Market - Live
Indigo Paints has allotted 13,720 equity shares under ESOS on 28 August 2024. With this allotment, the paid up equity share capital has increased to 4,76,34,707 equity shares of Rs. 10 each aggregating to Rs. 47,63,47,070. Powered by Capital Market - Live
Net profit of Indigo Paints declined 15.59% to Rs 26.20 crore in the quarter ended June 2024 as against Rs 31.04 crore during the previous quarter ended June 2023. Sales rose 7.81% to Rs 310.96 crore in the quarter ended June 2024 as against Rs 288.42 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales310.96288.42 8 OPM %15.2317.03 - PBDT50.9452.44 -3 PBT35.6942.34 -16 NP26.2031.04 -16 Powered by Capital Market - Live
Indigo Paints Q3 Results Review - Sustained Outperformance- Continues To Demonstrate Strength: Motilal Oswal
Indigo Paints Q3 Results: Profit Jumps 43%, Revenue Rises
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant