Indigo Paints Ltd.

1385.00 +5.65 ▲0.4%

03 May 2024, 04:01:00 PM
Volume: 939

Company Profile

Sector Chemicals Sector Icon Chemicals Compare with Sector peers
Industry Paints Industry Icon Paints Compare with Industry peers
Website http://www.indigopaints.com
Market Cap 6,562.41 Cr.
Enterprise Value(EV) 6,554.51 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 30.20 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 45.63 Trailing Twelve Months Ending 2023-12
Industry PE 46.73 Trailing Twelve Months Ending 2023-12
Book Value / Share 180.24 Trailing Twelve Months Ending 2023-12
Price to Book Value 7.65 Calculated using Price: 1,378.05
Dividend Yield 0.25 Period Ending 2023-03
No. of Shares Subscribed 4.76 Cr. 47,620,987 Shares
FaceValue 10
About Indigo Paints Ltd.
The company manufactures a complete range of decorative paints including emulsions, enamels, wood coatings, distempers, primers, putties and cement paints. It also identify potential product needs from customers and introduce differentiated products to meet these requirements, and create a distinct market for its products. For instance, it is the first company to manufacture and introduce certain differentiated products in the decorative paint market in India, which includes its Metallic Emulsions, Tile Coat Emulsions, Bright Ceiling Coat Emulsions, Floor Coat Emulsions, Dirtproof & Waterproof Exterior Laminate, Exterior and Interior Acrylic Laminate, and PU Super Gloss Enamel (together, Indigo Differentiated Products). These products are differentiated based on the end-use they cater to, as well as added properties that they possess.

Indigo Paints Ltd. Delivery

Delivered Qty
Traded Qty

Indigo Paints Ltd. Performance

1 Day
+0.41%
1 Week
+4.98%
1 Month
+3.02%
3 Month
-2.18%
6 Month
-3.05%
1 Year
+19.34%
2 Year
-10.21%
5 Year
10 Year

Indigo Paints Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) -44.39 -7.69 -14.02 2.61 23.67 31.42 19.14 13.89 18.67
Return on Capital Employed (%) -24.92 -6.73 -10.4 4 21.22 32.12 25.1 19.06 22.06
Return on Assets (%) -14.48 -4.68 -7.18 0.98 8.24 12.03 11.49 9.71 13.32

Indigo Paints Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 28 132 116 118 147 197 563 650 776 821
Non Curr. Liab. 0 0 9 11 38 40 19 26 21 26
Curr. Liab. 33 64 122 150 188 185 228 244 264 274
Minority Int.
Equity & Liab. 61 196 246 279 373 422 811 920 1,062 1,121
Non Curr. Assets 13 109 94 103 163 211 269 348 543 615
Curr. Assets 47 87 152 177 210 211 542 572 519 506
Misc. Exp. not W/O
Total Assets 61 196 246 279 373 422 811 920 1,062 1,121

Indigo Paints Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 90 124 289 411 536 625 723 906 1,073 1,214
Other Income 1 1 1 0 2 2 4 11 10 12
Total Income 91 125 290 412 537 626 727 917 1,083 1,226
Total Expenditure -97 -130 -291 -387 -482 -534 -601 -770 -892 -992
PBIDT -7 -5 -1 24 56 93 126 147 192 234
Interest -1 0 -3 -4 -5 -6 -4 -1 -1 -2
Depreciation -1 -1 -14 -17 -17 -20 -24 -31 -34 -41
Taxation 2 0 -7 -20 -27 -30 -24 -48
Exceptional Items 1 -1 0
PAT -7 -6 -16 3 27 48 71 84 132 144
Adjusted EPS -2 -2 -6 1 9 16 15 18 28 30

Indigo Paints Ltd. Cash Flow

Particulars 8 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 4 -6 27 52 72 121 65 116
Cash Fr. Inv. -5 -10 -23 -63 -61 -318 -69 -84
Cash Fr. Finan. 2 16 -7 19 -17 236 -5 -20
Net Change 0 1 -3 7 -6 39 -9 12
Cash & Cash Eqvt 1 2 5 12 6 45 36 47

Indigo Paints Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 54.00 54.00 54.00 54.00 53.98 53.98 53.95 53.94 53.94
Public 46.00 46.00 46.00 46.00 46.02 46.02 46.05 46.06 46.06
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
No. of Shareholders (in Lacs)

Indigo Paints Ltd. Announcements

Thu, 02 May 2024
Board Meeting Intimation for Considering And Approving Audited Standalone And Consolidated Financial Results For Fourth Quarter And Year Ended On March 31 2024 And Recommendation Of Final Dividend If Any.
Indigo Paints Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2024 inter alia to consider and approve 1. Audited Standalone and consolidated financial results for fourth quarter and year ended on March 31 2024.2. Recommendation of Final Dividend if any for the financial year 2023-24.
Thu, 18 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyIndigo Paints Ltd
2CIN NO.L24114PN2000PLC014669
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 0.00
4Highest Credit Rating during the previous FY NA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Dayeeta Gokhale
Designation: Company Secretary and Compliance officer
EmailId: secretarial@indigopaints.com
Name of the Chief Financial Officer: Chetan Humane
Designation: Chief Financial Officer
EmailId: secretarial@indigopaints.com

Date: 18/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Thu, 11 Apr 2024
Compliance Certificate For The Year Ended March 31 2024
Compliance Certificate under regulation 7(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 confirming activities in relation to both physical and electronic share transfer facility for the year ended March 31 2024

Indigo Paints Ltd. Technical Scans

Fri, 03 May 2024
Opening at Low Opening at Low
Close Above Last Week High Close Above Last Week High
Thu, 02 May 2024
5 SMA Crossing 20 SMA From Below 5 SMA Crossing 20 SMA From Below
CCI Bearish CCI Bearish
William %R Crossed -20 From Below William %R Crossed -20 From Below

Indigo Paints Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Asian Paints Ltd. 280,805.15 2,927.50 -1.6%
Pidilite Industries Ltd. 150,032.13 2,949.85 -1.3%
Solar Industries India Ltd. 81,439.69 8,987.00 +1.4%
SRF Ltd. 76,072.98 2,568.70 -3.7%
Berger Paints India Ltd. 60,971.13 523.00 +0.0%
PI Industries Ltd. 54,559.35 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. 45,958.29 710.25 -0.7%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Asian Paints Ltd. Consolidated 2023-12 51.64 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-12 87.64 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-12 100.92 8,987.00 +1.4%
SRF Ltd. Consolidated 2023-12 51.54 2,568.70 -3.7%
Berger Paints India Ltd. Consolidated 2023-12 53.89 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-12 34.26 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-12 123.22 710.25 -0.7%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Asian Paints Ltd. Consolidated 2023-12 15.61 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-12 18.66 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-12 26.42 8,987.00 +1.4%
SRF Ltd. Consolidated 2023-12 6.85 2,568.70 -3.7%
Berger Paints India Ltd. Consolidated 2023-12 11.86 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-12 6.47 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-12 31.88 710.25 -0.7%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Asian Paints Ltd. Consolidated 2023-03 0.06 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-03 0.02 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-03 0.45 8,987.00 +1.4%
SRF Ltd. Consolidated 2023-03 0.42 2,568.70 -3.7%
Berger Paints India Ltd. Consolidated 2023-03 0.17 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-03 0.00 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-03 1.04 710.25 -0.7%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Asian Paints Ltd. Consolidated 2023-03 28.19 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-03 19.04 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-03 35.86 8,987.00 +1.4%
SRF Ltd. Consolidated 2023-03 22.91 2,568.70 -3.7%
Berger Paints India Ltd. Consolidated 2023-03 20.46 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-03 18.45 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-03 63.33 710.25 -0.7%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Asian Paints Ltd. Consolidated 2023-03 28.19 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-03 19.04 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-03 35.86 8,987.00 +1.4%
SRF Ltd. Consolidated 2023-03 22.91 2,568.70 -3.7%
Berger Paints India Ltd. Consolidated 2023-03 20.46 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-03 18.45 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-03 63.33 710.25 -0.7%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Asian Paints Ltd. Consolidated 2023-03 34,488.59 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-03 11,799.10 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-03 6,922.53 8,987.00 +1.4%
SRF Ltd. Consolidated 2023-03 14,870.25 2,568.70 -3.7%
Berger Paints India Ltd. Consolidated 2023-03 10,567.84 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-03 6,492.00 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-03 6,198.15 710.25 -0.7%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Asian Paints Ltd. Consolidated 2023-03 4,195.33 2,927.50 -1.6%
Pidilite Industries Ltd. Consolidated 2023-03 1,288.87 2,949.85 -1.3%
Solar Industries India Ltd. Consolidated 2023-03 811.17 8,987.00 +1.4%
SRF Ltd. Consolidated 2023-03 2,162.34 2,568.70 -3.7%
Berger Paints India Ltd. Consolidated 2023-03 860.40 523.00 +0.0%
PI Industries Ltd. Consolidated 2023-03 1,229.50 3,616.95 -0.6%
The Fertilisers And Chemicals Travancore Ltd. Consolidated 2023-03 612.99 710.25 -0.7%

Indigo Paints Ltd. FAQ's

What is Indigo Paints share price?

Can I buy Indigo Paints shares now?

What is the Dividend Yield of Indigo Paints?

What is the Market Cap of Indigo Paints?

What is the 52 Week High and Low of Indigo Paints?

What is the trend of Indigo Paints share price?