Indigo Paints Ltd.

NSE: INDIGOPNTS BSE: 543258 SECTOR: Paints  56k   457   72

1342.25
+15.85 (1.20%)
NSE: Today, 03:59 PM

Price Summary

Today's High

₹ 1352.75

Today's Low

₹ 1325.1

52 Week High

₹ 2288

52 Week Low

₹ 1313

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

6384.95 Cr.

Enterprise Value

6285.33 Cr.

No. of Shares

4.76 Cr.

P/E

55.09

P/B

9.18

Face Value

₹ 10

Div. Yield

0.23 %

Book Value (TTM)

₹  146.21

CASH

99.62 Cr.

DEBT

0 Cr.

Promoter Holding

54 %

EPS (TTM)

₹  24.36

Sales Growth

25.25%

ROE

13.89 %

ROCE

19.06%

Profit Growth

18.63 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year25.25%
3 Year19.15%
5 YearNA

Profit Growth

1 Year18.63%
3 Year46.25%
5 YearNA

ROE%

1 Year13.89%
3 Year21.49%
5 Year18.15%

ROCE %

1 Year19.06%
3 Year25.42%
5 Year20.3%

Debt/Equity

0

Price to Cash Flow

97.94

Interest Cover Ratio

86.910778713169

CFO/PAT (5 Yr. Avg.)

1.45371305188032

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2022 54 0
Jun 2022 54 0
Mar 2022 54 0
Dec 2021 54 0
Sep 2021 54 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 46.2468674176628% for the Past 3 years.
  • The company has shown a good revenue growth of 19.1470381856116% for the Past 3 years.
  • The company has significantly decreased its debt by 0.0328 Cr.
  • Company has been maintaining healthy ROE of 21.4854119330208% over the past 3 years.
  • Company has been maintaining healthy ROCE of 25.4240252783943% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 86.910778713169.
  • The company has an efficient Cash Conversion Cycle of -48.425712877528 days.
  • Company has a healthy liquidity position with current ratio of 2.343727978531.
  • The company has a good cash flow management; CFO/PAT stands at 1.45371305188032.
  • The company has a high promoter holding of 54%.

 Limitations

  • The company is trading at a high PE of 55.09.
  • The company is trading at a high EV/EBITDA of 36.4808.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
Net Sales 196.11 265.46 288.38 223.99 242.61
Total Expenditure 172.73 226.79 234.61 188.72 208.84
Operating Profit 23.38 38.68 53.77 35.28 33.77
Other Income 3.05 2.32 2.51 0.49 3.19
Interest 0.26 0.29 0.53 0.43 0.27
Depreciation 7.7 7.87 8.32 8.43 8.49
Exceptional Items 0 0 0 0 0
Profit Before Tax 18.47 32.83 47.42 26.91 28.21
Tax 4.92 8.53 12.83 7 -8.88
Profit After Tax 13.55 24.31 34.59 19.91 37.09
Adjusted EPS (Rs) 2.85 5.11 7.27 4.19 7.8

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 411.12 535.63 624.79 723.32 905.97
Total Expenditure 387.19 481.54 533.81 600.81 769.99
Operating Profit 23.93 54.09 90.99 122.52 135.98
Other Income 0.46 1.63 1.64 3.59 10.89
Interest 3.81 4.66 5.59 3.81 1.33
Depreciation 17.01 17.05 19.61 24.39 31.25
Exceptional Items -1.32 -0.31 0 0 0
Profit Before Tax 2.26 33.71 67.43 97.91 114.3
Tax -0.31 6.84 19.61 27.06 30.25
Net Profit 2.57 26.87 47.81 70.85 84.05
Adjusted EPS (Rs.) 0.9 9.31 16.48 14.89 17.67

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 46.9 47.16 47.33 47.57 47.57
Total Reserves 71.33 100.31 149.73 515.92 602.29
Borrowings 8.91 26.91 24.72 0 0
Other N/C liabilities 1.79 10.68 14.93 19.27 25.81
Current liabilities 150.45 188.13 185.25 228.4 244.22
Total Liabilities 279.38 373.18 421.96 811.16 919.89
Assets
Net Block 94.95 148.56 200.75 249.33 253.34
Capital WIP 2.46 4.4 1.09 3.12 50.97
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 3.28 9.99 6.59 1.22 43.18
Other N/C Assets 2.17 0 2.3 15.09 0.01
Current Assets 176.52 210.24 211.23 542.4 572.39
Total Assets 279.38 373.18 421.96 811.16 919.89
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 2.26 33.71 67.43 97.91 114.3
Adjustment 22.87 22.12 24.21 26.11 24.59
Changes in Assets & Liabilities 1.95 0.2 -6.87 13.71 -47.85
Tax Paid -0.04 -4.44 -12.42 -16.41 -25.84
Operating Cash Flow 27.04 51.59 72.34 121.32 65.19
Investing Cash Flow -22.73 -63.23 -61.27 -317.93 -69.16
Financing Cash Flow -7.39 18.85 -17.23 235.72 -5.29
Net Cash Flow -3.09 7.22 -6.16 39.11 -9.27

Corporate Actions

Investors Details

PARTICULARS Sep 2021% Dec 2021% Mar 2022% Jun 2022% Sep 2022%
Promoters 54.00 54.00 54.00 54.00 54.00
hemant kamala jalan 18.01 18.01 18.01 18.01 18.01
anita hemant jalan 14.69 14.69 14.69 14.69 14.69
halogen chemicals ... 10.42 10.42 10.42 10.42 10.42
kamala prasad jalan 7.46 7.46 7.46 7.46 7.46
parag hemant jalan 3.42 3.42 3.42 3.42 3.42
PARTICULARS Sep 2021% Dec 2021% Mar 2022% Jun 2022% Sep 2022%
Investors 46.00 46.00 46.00 46.00 46.00
sci investments v 14.81 14.81 14.81 14.81 -
sequoia capital in... 13.73 13.73 13.73 13.73 -
smallcap world fun... 1.46 1.63 2.07 2.32 2.32
ashoka india oppor... 1.90 1.86 1.86 1.86 1.86
icici prudential l... - - 1.89 1.76 1.42
abu dhabi investme... 1.35 1.35 1.35 1.35 1.35
nomura india inves... 1.32 1.32 - - -
government of sing... 1.04 1.04 - - -
llp 0.11 0.11 0.11 0.11 0.11

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Indigo Paints - Quaterly Results3 Nov 2022, 2:04PM Indigo Paints - Quaterly Results3 Nov 2022, 2:04PM Indigo Paints - Quaterly Results3 Nov 2022, 2:04PM Indigo Paints informs about voting results 3 Sep 2022, 3:32PM Indigo Paints informs about scrutinizer's report3 Sep 2022, 3:22PM Indigo Paints informs about AGM3 Sep 2022, 2:30PM Indigo Paints informs about analyst meet24 Aug 2022, 4:33PM Indigo Paints informs about monitoring agency report8 Aug 2022, 4:23PM Indigo Paints - Quaterly Results5 Aug 2022, 2:21PM Indigo Paints - Quaterly Results5 Aug 2022, 2:21PM Indigo Paints - Quaterly Results5 Aug 2022, 2:21PM Indigo Paints informs about closure of trading window25 Jun 2022, 2:23PM Indigo Paints informs about statement of deviation or variation 20 May 2022, 4:36PM Indigo Paints - Quaterly Results20 May 2022, 2:07PM Indigo Paints - Quaterly Results20 May 2022, 2:07PM Indigo Paints - Quaterly Results20 May 2022, 2:07PM Indigo Paints board to consider FY22 results & final dividend 2 May 2022, 2:52PM Indigo Paints informs about closure of trading window25 Mar 2022, 3:42PM Indigo Paints informs about transcript of the earnings call19 Feb 2022, 3:19PM Indigo Paints - Quaterly Results11 Feb 2022, 3:53PM Indigo Paints - Quaterly Results11 Feb 2022, 3:53PM Indigo Paints - Quaterly Results11 Feb 2022, 3:53PM Indigo Paints informs about analyst meet4 Feb 2022, 12:38PM Indigo Paints informs about board meeting7 Jan 2022, 4:39PM Indigo Paints informs about newspaper advertisement30 Oct 2021, 11:57AM Indigo Paints informs about analyst meet23 Oct 2021, 11:39AM Indigo Paints informs about analyst meet 13 Sep 2021, 4:12PM Indigo Paints informs about newspaper advertisement10 Aug 2021, 4:20PM Indigo Paints informs about monitoring agency report9 Aug 2021, 4:28PM Indigo Paints informs about AGM9 Aug 2021, 3:16PM Indigo Paints informs about AGM9 Aug 2021, 2:34PM Indigo Paints informs about board meeting2 Jul 2021, 3:45PM Indigo Paints informs about closure of trading window25 Jun 2021, 12:47PM Indigo Paints informs about annual secretarial compliance report17 May 2021, 4:32PM Indigo Paints informs about newspaper advertisement15 May 2021, 3:26PM Indigo Paints submits confirmation certificate5 Apr 2021, 4:00PM Indigo Paints informs about closure of trading window31 Mar 2021, 12:03PM Indigo Paints coming with an IPO to raise Rs 1176 crore18 Jan 2021, 1:36PM

Indigo Paints Stock Price Analysis and Quick Research Report. Is Indigo Paints an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Indigo Paints has a PE ratio of 55.0940159012269 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Indigo Paints has ROA of 9.71064534463993 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Indigo Paints has a Current ratio of 2.343727978531 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Indigo Paints has a ROE of 13.8910420562339 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Indigo Paints has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Indigo Paints has an Inventory turnover ratio of 9.74444569997269 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Indigo Paints has reported revenue growth of 25.251467287098 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Indigo Paints for the current financial year is 15.0096558977137 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Indigo Paints is Rs 3 and the yield is 0.2232 %.

Brief about Indigo Paints

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