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Indigo Paints share price

Indigo Paints Ltd.

NSE: INDIGOPNTS BSE: 543258 SECTOR: Paints  135k   693   117

1256.10
-15.25 (-1.20%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 1286.95

Today's Low

₹ 1253.15

52 Week High

₹ 1700

52 Week Low

₹ 1004.75

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.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

5981.67 Cr.

Enterprise Value

5932.88 Cr.

No. of Shares

4.76 Cr.

P/E

41.6

P/B

6.97

Face Value

₹ 10

Div. Yield

0.28 %

Book Value (TTM)

₹  180.24

CASH

48.79 Cr.

DEBT

0 Cr.

Promoter Holding

53.94 %

EPS (TTM)

₹  30.2

Sales Growth

18.47%

ROE

18.67 %

ROCE

22.06%

Profit Growth

56.98 %

* 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 Year18.47%
3 Year19.77%
5 Year21.16%

Profit Growth

1 Year56.98%
3 Year40.26%
5 Year119.83%

ROE%

1 Year18.67%
3 Year17.23%
5 Year21.36%

ROCE %

1 Year22.06%
3 Year22.07%
5 Year23.91%

Debt/Equity

0

Price to Cash Flow

51.52

Interest Cover Ratio

114.291227560142

CFO/PAT (5 Yr. Avg.)

1.1798978928824

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 53.94 0
Sep 2023 53.95 0
Jun 2023 53.98 0
Mar 2023 53.98 0
Dec 2022 54 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 40.2611473266225% for the Past 3 years.
  • The company has shown a good revenue growth of 19.7656840526856% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 22.0699856812375% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 114.291227560142.
  • Company’s PEG ratio is 0.730797406132907.
  • The company has an efficient Cash Conversion Cycle of -38.3741445180017 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.1798978928824.
  • The company has a high promoter holding of 53.94%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 281.27 325.47 277.02 270.46 341.25
Total Expenditure 240.71 253.74 229.29 228.68 280.34
Operating Profit 40.56 71.73 47.73 41.78 60.91
Other Income 3.78 2.81 3.52 2.97 2.89
Interest 0.3 0.39 0.42 0.47 0.35
Depreciation 8.71 8.72 8.8 9.99 13.3
Exceptional Items 0 0 0 0 0
Profit Before Tax 35.33 65.43 42.03 34.3 50.15
Tax 9.06 16.76 10.74 8.16 12.45
Profit After Tax 26.26 48.68 31.29 26.14 37.7
Adjusted EPS (Rs) 5.52 10.23 6.58 5.49 7.92

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 535.63 624.79 723.32 905.97 1073.33
Total Expenditure 481.54 533.81 600.81 769.99 891.8
Operating Profit 54.09 90.99 122.52 135.98 181.53
Other Income 1.63 1.64 3.59 10.89 10.07
Interest 4.66 5.59 3.81 1.33 1.38
Depreciation 17.05 19.61 24.39 31.25 34.35
Exceptional Items -0.31 0 0 0 0
Profit Before Tax 33.71 67.43 97.91 114.3 155.88
Tax 6.84 19.61 27.06 30.25 23.94
Net Profit 26.87 47.81 70.85 84.05 131.94
Adjusted EPS (Rs.) 9.31 16.48 14.89 17.67 27.73

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 47.16 47.33 47.57 47.57 47.59
Total Reserves 100.31 149.73 515.92 602.29 728.54
Borrowings 26.91 24.72 0 0 0
Other N/C liabilities 10.68 14.93 19.27 25.81 21.4
Current liabilities 188.13 185.25 228.4 244.22 264.08
Total Liabilities 373.18 421.96 811.16 919.89 1061.6
Assets
Net Block 148.56 200.75 249.33 253.34 264.69
Capital WIP 4.4 1.09 3.12 50.97 250.91
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 9.99 6.59 1.22 43.18 27.25
Other N/C Assets 0 2.3 15.09 0.01 0.01
Current Assets 210.24 211.23 542.4 572.39 518.74
Total Assets 373.18 421.96 811.16 919.89 1061.6
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 33.71 67.43 97.91 114.3 155.88
Adjustment 22.12 24.21 26.11 24.59 35.13
Changes in Assets & Liabilities 0.2 -6.87 13.71 -47.85 -50.47
Tax Paid -4.44 -12.42 -16.41 -25.84 -24.43
Operating Cash Flow 51.59 72.34 121.32 65.19 116.11
Investing Cash Flow -63.23 -61.27 -317.93 -69.16 -84.4
Financing Cash Flow 18.85 -17.23 235.72 -5.29 -20.06
Net Cash Flow 7.22 -6.16 39.11 -9.27 11.65

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 54.00 53.98 53.98 53.95 53.94
anita hemant jalan 14.69 14.68 14.68 14.68 14.67
halogen chemicals pvt ltd... 10.42 10.42 10.42 10.41 10.41
hemant kamala jalan 18.01 18.00 18.00 18.00 17.99
kamala prasad jalan 7.46 7.46 7.46 7.45 7.45
parag hemant jalan 3.42 3.41 3.41 3.41 3.41
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 46.00 46.02 46.02 46.05 46.06
abu dhabi investment auth... 1.35 1.39 1.41 1.40 1.40
ashoka whiteoak icav - as... - - - - 1.86
llp - - 0.11 0.09 0.06
peak xv partners investme... - - - - 13.09
sequoia capital india inv... 12.15 12.14 12.14 12.14 12.14
smallcap world fund, inc 2.55 2.55 2.55 2.55 1.97
ashoka india opportunitie... 1.86 1.86 1.86 1.86 -
sci investments v 13.11 13.10 13.10 13.09 -
icici prudential life ins... 1.78 1.76 1.50 - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Indigo Paints - Quaterly Results9 Feb 2024, 2:02PM Indigo Paints - Quaterly Results9 Feb 2024, 2:02PM Indigo Paints - Quaterly Results9 Feb 2024, 2:02PM Indigo Paints submits analyst meet intimation27 Jan 2024, 3:51PM Indigo Paints informs about compliances-certificate 5 Jan 2024, 4:44PM Indigo Paints informs about newspaper advertisement4 Nov 2023, 12:12PM Indigo Paints informs about outcome of board meeting3 Nov 2023, 5:14PM Indigo Paints - Quaterly Results3 Nov 2023, 4:55PM Indigo Paints - Quaterly Results3 Nov 2023, 4:55PM Indigo Paints informs about compliances-certificate5 Oct 2023, 5:20PM Indigo Paints commences commercial production at manufacturing facility in Tamil Nadu18 Sep 2023, 12:27PM Indigo Paints reports 58% rise in Q1 consolidated net profit8 Aug 2023, 10:21AM Indigo Paints - Quaterly Results7 Aug 2023, 6:23PM Indigo Paints - Quaterly Results7 Aug 2023, 6:23PM Indigo Paints submits board meeting 26 Jul 2023, 1:01PM Indigo Paints informs about BRSR 14 Jul 2023, 4:48PM Indigo Paints informs about closure of trading window 26 Jun 2023, 3:20PM Indigo Paints - Quaterly Results26 May 2023, 7:40PM Indigo Paints - Quaterly Results26 May 2023, 7:40PM Indigo Paints inks agreements to acquire 51% stake in ACIPL4 Apr 2023, 11:30AM Indigo Paints informs about analyst meet14 Mar 2023, 2:59PM Indigo Paints informs about analyst meeting 21 Feb 2023, 5:17PM Indigo Paints informs about earnings call transcript16 Feb 2023, 5:29PM Indigo Paints - Quaterly Results10 Feb 2023, 7:14PM Indigo Paints - Quaterly Results10 Feb 2023, 7:14PM Indigo Paints informs about resignation of alternate director17 Jan 2023, 4:11PM 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 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 41.6120272865753 which is high and comparatively overvalued .

  • Share Price: - The current share price of Indigo Paints is Rs 1256.6. One can use valuation calculators of ticker to know if Indigo Paints share price is undervalued or 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 13.3171926152329 % 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 1.96432529904684 .

  • 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 18.6695421533619 % .(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 10.706180048331 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 18.4728648081602 % 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 16.912941289587 %.

  • 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 3.5 and the yield is 0.2776 %.

Last Updated on:
Brief about Indigo Paints

Indigo Paints Ltd. Financials: Check Share price, Balance Sheet, Annual report and Quarterly Results for company analysis

Welcome to our comprehensive analysis of Indigo Paints Ltd., a leading company in the paint manufacturing industry. In this article, we will explore various aspects of the company's performance, including its stock price, balance sheet, annual report, dividend, quarterly results, price chart, news, concall, transcripts, investor presentations, promoters, and shareholders.

Indigo Paints Ltd. Stock Price Analysis

Indigo Paints Ltd. has shown remarkable growth in its stock price over the years, reflecting the company's strong market presence and favourable investor sentiment. Our pre-built screening tools provide long-term share investors with an opportunity to analyze the historical performance of the stock and evaluate its potential for future growth. A stock's share price is determined by a range of factors, such as market sentiment, financial performance, and general economic conditions.

Indigo Paints Ltd. Balance Sheet Evaluation

The balance sheet of Indigo Paints Ltd. offers valuable insights into the company's financial position and overall stability. By analyzing the company's assets, liabilities, and shareholder's equity, investors can assess the company's ability to meet its short-term and long-term obligations efficiently.

Indigo Paints Ltd. Annual Report Highlights

Our website offers downloadable annual reports for Indigo Paints Ltd., enabling investors to gain a deep understanding of the company's financial performance, strategic initiatives, risks, and prospects for growth. These reports serve as an essential resource for investors seeking to assess the overall performance of the company.

Indigo Paints Ltd. Dividend Analysis

Indigo Paints Ltd. has a strong track record of rewarding its shareholders through consistent dividend payments. By analyzing the dividend history and dividend yield of the company, investors can evaluate the income potential associated with their investment in Indigo Paints Ltd.

Indigo Paints Ltd. Quarterly Results Insights

Stay updated on the performance of Indigo Paints Ltd. through our website's downloadable quarterly results. These results provide investors with regular updates on the company's financial performance, allowing them to identify trends, evaluate revenue growth, and assess the company's ability to generate consistent profits.

Indigo Paints Ltd. Price Chart Analysis

Our user-friendly price charts offer a visual representation of the historical stock price movement for Indigo Paints Ltd. By analyzing the price chart; investors can identify patterns, trends, and potential entry or exit points for their investment. Our website provides pre-built screening tools to help investors analyze stock prices and performance.

Indigo Paints Ltd. Latest News Updates

Stay informed with the latest news updates about Indigo Paints Ltd. through our website. We provide regular news articles covering company announcements, market trends, and other relevant information. These updates offer valuable insights to help investors make well-informed decisions.

Indigo Paints Ltd. Concall Transcripts

Access detailed information about Indigo Paints Ltd.'s conference call transcripts on our website. The transcripts provide a comprehensive overview of the discussions held during the company's earnings calls, offering insights into the company's strategy, outlook, and market trends.

Indigo Paints Ltd. Investor Presentations

Gain access to Indigo Paints Ltd.'s investor presentations on our website. These presentations provide an overview of the company's business operations, financial highlights, growth strategies, and future plans. They serve as a valuable resource for investors seeking a detailed understanding of the company's potential.

Indigo Paints Ltd. Promoters and Shareholders

Indigo Paints Ltd. is backed by a strong network of promoters and shareholders who have played a significant role in the company's success and growth. Our website provides an in-depth analysis of the company's promoters and major shareholders, offering investors valuable insights into the key stakeholders involved in driving the company's performance.

Indigo Paints Ltd. Premium Features and Tools

Our website offers a range of premium features and tools to assist investors in their decision-making process. These tools include DCF (Discounted Cash Flow) Analysis, BVPS (Book Value per Share) Analysis, Earnings multiple approach, and DuPont analysis. These advanced analytical tools provide investors with valuable insights and help them make informed investment decisions.

In conclusion, Indigo Paints Ltd. is a leading company in the paint manufacturing industry. Our website provides long-term share investors with a comprehensive analysis of various aspects of the company's performance, including stock price, balance sheet, annual reports, dividends, quarterly results, and more. Investors can also benefit from our pre-built screening tools and premium features, such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. Downloadable annual reports and quarterly results further enhance the analysis process. Visit our website to explore the vast range of resources available to help you make informed investment decisions.

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