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50% Buy

Indigo Paints Share Price

INDIGOPNTS

₹1,433.90+₹1.80 (0.13%) TodayLast updated on 06 Dec, 2024 | 15:56 IST

Indigo Paints Share Price Chart

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  • About Indigo Paints
  • Fundamentals
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About Indigo Paints

Indigo Paints Financials

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Market cap
Market Cap Switch₹6,830 Crs
Open
₹1,432.10
Close
₹1,432.10
Circuit range
₹1,720.65 - ₹1,147.15
Day range
₹1,427.05 - ₹1,444.90
Year range
₹1,250.00 - ₹1,720.30
Volume
54,095
Avg. traded
₹1,435.11
Revenue (12m)
₹1,349 Crs
Indigo Paints

Indigo Paints is one of the largest paint manufacturers in India. The company began operations in the lower-end cement paints segment in 2000. It has expanded into a vast category of paints and related products like emulsions, distempers and primers.

The company started operations in Pune, Maharashtra, before expanding to several states across India. The company, founded in 2000, started out with manufacturing of cement paints. Indigo Paints later entered the new segments like water-based paints like exterior emulsions, interior emulsions and distempers, primers.

A few years ago, it clubbed all its subsidiary brands and product lines under one umbrella. By the end of 2020, the company decided to go public. It got converted to Indigo Paints Limited from Indigo Paints Private Limited.

In January 2021, Indigo Paints launched its IPO. As of January 11, 2024, Indigo Paints’ market capitalisation stood at over ₹7,000 crore. Indigo Paints share price has gained over 15% in the last one year.

Business operations

The company has grown exponentially to become one of the country's largest paint manufacturers and distributors. Right from the beginning, it started targeting business operations nationwide.

Indigo Paints has three large-scale manufacturing units in Jodhpur in Rajasthan, Kochi in Kerala and Pudukkottai in Tamil Nadu, producing over 1,00,000 kilolitres of end product annually. Its products are available across 28 states. The key differentiator for Indigo Paints’ products has been their unique approach to the market and innovative ideas like the first metallic paint for the walls.

The company offers its products in different categories including interior emulsions, exterior emulsions, exterior and interior emulsions, waterproofing solutions, enamels, putties and wood coating for both domestic and industrial use. Indigo Paints also manufactures aluminium paint, universal stainer, stone and tile paints and roof paint.

The company has a vast network of over 16,000 active dealers and 8,273 tinting machines in India. The combined capacity utilisation of three of their plants is about 48%, leaving them room to acquire an even larger customer base. Close to 46% of the sales for Indigo Paints come from the South Indian states. Indigo Paints in April 2023 acquired a 51% stake in Apple Chemie to expand its operations into the construction chemicals and waterproofing solutions market.

Financial Highlights

The company’s revenue from operations in FY23 stood at ₹1,073 crore, up by 18.4% compared to ₹906 crore in FY22. Its EBITDA (earnings before interest, taxes, depreciation, and amortisation) increased to ₹181.5 crore as against ₹136 crore for the previous year, registering a growth of 33.5%. Profit after Tax (PAT) of the company increased to ₹132 crore as against ₹84 crore for the previous year, registering a growth of 57% year-on-year. Its EBITDA margin stood at 16.91% in FY23 compared to 15.01% in FY22. The earnings per share (EPS) in FY23 stood at ₹27.73, compared to ₹17.67 in FY22.

Indigo Paints Key indicators

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52 week high
₹1,720.30
52 week low
₹1,250.00
P/E ratio
48.95
P/B ratio
7.28
ROE
17.82%
ROCE
23.65%
Dividend yield
0.24%
Debt/Equity ratio
EPS
31.22

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Investment checklist: (4/6)
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Equity returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

50%

Hold

33%

Sell

17%

This analysis is based on the reviews of 6 experts in the last 7 days

Indigo Paints Fundamentals

Indigo Paints Financial Ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

16.11%

Net profit margin

9.73%

ROE

17.82%

ROA

13.02%

ROCE

23.65%

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Indigo Paints Shareholder returns

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1 day
+0.13%
1 week
+0.02%
1 month
-12.53%
3 months
-3.07%
1 year
-4.10%
3 years
-31.36%
5 years
-54.00%

Revenue statement

All values are in ₹ Crores (Cr)
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  • Revenue

  • Operating profit

  • Net profit

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Cash flow

All values are in ₹ Crores (Cr)
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  • Operating

  • Investing

  • Financing

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Balance sheet

All values are in ₹ Crores (Cr)
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Total assets

Total liabilities

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Indigo Paints Share Price history

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DayOpenCloseChange %
Fri, Dec 6 2024
₹1,432.10
₹1,433.90
+0.13%
Thu, Dec 5 2024
₹1,443.50
₹1,432.10
-0.72%
Wed, Dec 4 2024
₹1,428.05
₹1,442.50
+0.82%
Tue, Dec 3 2024
₹1,407.45
₹1,430.80
+2.00%
Mon, Dec 2 2024
₹1,426.65
₹1,402.75
-2.15%
Fri, Nov 29 2024
₹1,445.00
₹1,433.55
+0.20%
Thu, Nov 28 2024
₹1,452.00
₹1,430.75
-1.95%
Wed, Nov 27 2024
₹1,483.05
₹1,459.15
-1.75%

Indigo Paints Shareholding Pattern

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Promoters (53.92%)

Mutual Funds (14.89%)

Retail and other (17.64%)

Foreign institutions-FII (12.31%)

Other domestic institutions (1.24%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹3.5/share

    Ex date 02 Aug 2024

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  • Dividend • ₹3.5/share

    Ex date 28 Jul 2023

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  • Dividend • ₹3/share

    Ex date 25 Aug 2022

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FAQs on Indigo Paints

What is the Indigo Paints share price today?

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Indigo Paints share price is ₹ 1,433.90 today.

What is today’s high & low share price of Indigo Paints?

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Indigo Paints share price high: ₹ 1,444.90 and low: ₹ 1,427.05

What is the Indigo Paints share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 1,720.30 and Low Price is ₹ 1,250.00

What is the Indigo Paints Stock Symbol?

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The Indigo Paints Stock symbol is INDIGOPNTS.

Can I buy Indigo Paints shares on Holidays?

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No, shares of Indigo Paints or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Indigo Paints shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.