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Indigo Paints Ltd

Fri 25/04/2025,10:29:58 | NSE : INDIGOPNTS

₹ 1000.45-35.15 (-3.39%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 1040.00

Previous Close

₹ 1035.60

Volume

43731

Mkt Cap ( Rs. Cr)

₹4765.61

High

₹ 1045.00

Low

₹ 999.00

52 Week High

₹ 1720.30

52 Week Low

₹ 910.00

Book Value Per Share

₹ 196.89

Dividend Yield

0.00

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Indigo Paints Ltd

Your Vote -

Buy

45.27%

Hold

38.23%

Sell

16.50%

45.27%

994 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

58%

Sell Order Quantity

42%

Bid Price

Qty

1002.15

8

1002.00

200

1002.00

1

1002.00

6

1002.00

3

Bid Total

17751

Bid Price

Qty

1002.55

3

1003.00

3

1003.00

9

1003.00

9

1003.00

4

Bid Total

12939

Option Chain

Analyzes market sentiment, predicts Indigo Paints Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • Indigo Paints - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    24 Apr 2025, 4:08PM Certificate pursuant to Reg 74(5) of SEBI (Depositories and Participants) Regulations, 2018 issued by MUFG Intime India Private Limited (formerly know
  • Indigo Paints - Board Meeting Intimation

    23 Apr 2025, 6:52PM INDIGO PAINTS LIMITED has informed the Exchange about Board Meeting to be held on 24-May-2025 to consider and approve the Yearly Audited Financial res
  • Indigo Paints - Board Meeting Intimation for Prior Intimation Of Board Meeting Pursuant To Regulation 29(1) Of The SEBI (List

    23 Apr 2025, 6:46PM Indigo Paints Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/05/2025 ,inter alia, to consider and ap
  • Indigo Paints has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    21 Apr 2025, 4:20PM As of March 2025, 53.93% is owned by Indian Promoters and 46.08% by Public. <p align=justify> Institutional holds 29.15% (Insurance Companies 0.15%) a
  • Indigo Paints - Trading Window-XBRL

    28 Mar 2025, 4:39PM INDIGO PAINTS LIMITED has informed the Exchange about Closure of Trading Window
  • Indigo Paints - Trading Window

    28 Mar 2025, 4:37PM Indigo Paints Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 20
  • Indigo Paints - Disclosure under SEBI Takeover Regulations

    27 Feb 2025, 8:56PM Parag Hemant Jalan has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition m
  • Indigo Paints - Resignation

    18 Feb 2025, 1:51PM Indigo Paints Limited has informed the Exchange regarding Resignation of Ms Dayeeta Shrinivas Gokhale as Company Secretary & Compliance Officer of the
  • Indigo Paints - Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer

    18 Feb 2025, 1:47PM Pursuant to Regulation 30 read with Schedule III-Part A (7C) of SEBI LODR, we wish to submit the letter of resignation along with the detailed reason
  • Indigo Paints - Analysts/Institutional Investor Meet/Con. Call Updates

    13 Feb 2025, 5:56PM Indigo Paints Limited has informed the Exchange about Transcript
  • Indigo Paints - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    13 Feb 2025, 5:49PM Please find enclosed transcript of earnings call held on February 10, 2025 at 18:00 hrs to discuss the unaudited standalone and consolidated financial
  • Indigo Paints - Copy of Newspaper Publication

    11 Feb 2025, 3:09PM Indigo Paints Limited has informed the Exchange about Copy of Newspaper Publication
  • Indigo Paints - Analysts/Institutional Investor Meet/Con. Call Updates

    10 Feb 2025, 9:15PM Indigo Paints Limited has informed the Exchange about Link of Recording
  • Indigo Paints - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    10 Feb 2025, 9:12PM We wish to submit audio recording of Analyst conference call held today i.e. on February 10, 2025.
  • Indigo Paints - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    10 Feb 2025, 4:41PM INDIGO PAINTS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
  • Indigo Paints - General Updates

    10 Feb 2025, 3:38PM Indigo Paints Limited has informed the Exchange about General Updates
  • Indigo Paints - Investor Presentation

    10 Feb 2025, 3:26PM Indigo Paints Limited has informed the Exchange about Investor Presentation
  • Indigo Paints - Change in Management

    10 Feb 2025, 3:20PM Indigo Paints Limited has informed the Exchange about change in Management
  • Indigo Paints - Appointment

    10 Feb 2025, 3:07PM Indigo Paints Limited has informed the Exchange regarding Appointment of Ms Sayalee Yengul as Company Secretary & Compliance Officer of the company w.
  • Indigo Paints - Resignation

    10 Feb 2025, 3:04PM Indigo Paints Limited has informed the Exchange regarding Resignation of Ms. Dayeeta Shrinivas Gokhale (ACS: A50582) as Company Secretary & Complianc
  • Indigo Paints - Integrated Filing- Financial

    10 Feb 2025, 2:44PM This intimation shall also be considered for Integrated Filing (Financial) for the quarter and nine-months ended December 31, 2024 pursuant to the SEB
  • Indigo Paints - Financial Result Updates

    10 Feb 2025, 2:26PM Indigo Paints Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Indigo Paints - Outcome of Board Meeting

    10 Feb 2025, 2:24PM Indigo Paints Limited has informed the Exchange regarding Board meeting held on February 10, 2025.
  • Indigo Paints - List Of The Key Managerial Personnel (KMP) For The Purpose Of Determining Materiality Of An Event Or Informat

    10 Feb 2025, 3:42PM We would like to submit updated list of KMP for the purpose of determining materiality of an even or information and making disclosure to the stock ex
  • Indigo Paints - Announcement under Regulation 30 (LODR)-Investor Presentation

    10 Feb 2025, 3:24PM Pursuant to Regulation 30, we are enclosing herewith copy of the presentation for investor/analyst on unaudited standalone and consolidated financial
  • Indigo Paints - Announcement under Regulation 30 (LODR)-Change in Management

    10 Feb 2025, 3:18PM In accordance with Regulation 30 and Schedule III of SEBI LODR, we would like to give disclosure for change in management-Company Secretary & Complian
  • Indigo Paints - Appointment of Company Secretary and Compliance Officer

    10 Feb 2025, 3:10PM In accordance with Regulation 30 and Schedule III of SEBI LODR, we wish to inform you that the Board in its meeting held on February 10, 2025, has app
  • Indigo Paints - Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer

    10 Feb 2025, 3:02PM In accordance with Regulation 30 and Schedule III of SEBI LODR, we would like to inform you that Ms. Dayeeta Gokhale has resigned as Company Secretary
  • Indigo Paints - Integrated Filing (Financial)

    10 Feb 2025, 2:38PM In accordance with Regulation 30, 33 of SEBI LODR and SEBI circular dated 31.12.2024 read with BSE & NSE circular dated 02.01.2025
  • Indigo Paints Q3 net profit down 3.29% at Rs 36.46 cr

    10 Feb 2025, 2:30PM The company reported standalone net profit of Rs 36.46 crore for the quarter ended December 31, 2024 as compared to Rs 37.70 crore in the same period
  • Indigo Paints - Results For The Quarter Ended December 31, 2024

    10 Feb 2025, 2:29PM In compliance with Regulation 30, 33 of SEBI LODR, please find attached consolidated and standalone financial results for the quarter ended December 3
  • Indigo Paints - Board Meeting Outcome for Outcome Of Board Meeting

    10 Feb 2025, 2:25PM In accordance with Regulation 30, 33 of SEBI LODR, we wish to inform you that the Board of Directors of the Company, at its meeting held today i.e. Fe
  • Indigo Paints - Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

    3 Feb 2025, 11:09PM Pursuant to Regulation 30(6), 44(3) read with Schedule III, we are submitting voting results and scrutinizer report on postal ballot carried out for a
  • Indigo Paints - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    3 Feb 2025, 11:03PM Pursuant to Regulation 30(6), 44(3) read with Schedule III, we are submitting Voting Results and Scrutinizer's Report on Postal ballot process carried
  • Indigo Paints - Shareholders meeting

    3 Feb 2025, 10:52PM Indigo Paints Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
  • Indigo Paints - Shareholders meeting

    1 Feb 2025, 6:54PM Indigo Paints Limited has informed the Exchange regarding Proceedings of Postal Ballot
  • Indigo Paints - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 201

    1 Feb 2025, 6:48PM Pursuant to Regulation 30 read with clause 13 of Para A of Part A of Schedule III of SEBI LODR, we are submitting summary of proceedings of Postal Bal
  • Indigo Paints - Analysts/Institutional Investor Meet/Con. Call Updates

    29 Jan 2025, 4:58PM Indigo Paints Limited has informed the Exchange about Schedule of meet
  • Indigo Paints - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    29 Jan 2025, 4:51PM Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby intimate that
  • Stock update: Indigo Paints Q4FY2024 (Consolidated) result update

    24 May 2024 , 12:57PM Stock update: Indigo Paints Q4FY2024 (Consolidated) result update – Good Q4; targets industry leading growth
  • Stock update: Indigo Paints Q3FY2024 (Consolidated) result update

    13 Feb 2024 , 2:02PM Stock update: Indigo Paints Q3FY2024 (Consolidated) result update – Strong Q3; growth momentum to sustain
  • Stock update: Indigo Paints Q2FY2024 (Consolidated) result update

    7 Nov 2023 , 11:51AM Stock update: Indigo Paints Q2FY2024 (Consolidated) result update – Decent Q2; eyeing recovery in H2
  • Indigo Paints

    5 Apr 2023 , 11:11AM Acquired 51% stake in Apple Chemie Pvt Ltd; entered construction chemicals & water proofing space. IPL has acquired 51% stake in Apple Chemie Pvt Ltd (ACIPL), by a combination of primary capital infusion into ACIPL and secondary share purchase transaction with the promoters. Indigo Paints also has an option to acquire additional stake in Apple Chemie at the end of 3 years. ACIPL is a fast-growing company (5 year CAGR of ~ 30%) in the construction chemicals and water proofing space, manufacturing and supplying products in the B2B space to various reputed infrastructure projects in the western States of India. ACIPL has wide range of products which are complementary to Indigo Paints. They also have marquee clientele which includes all major engineering and construction conglomerates in the country. Its Sales in FY 22 was Rs 32 crore and is expected to clock over Rs 41 crores in FY23. The company will be acquiring 51% stake in ACIPL for Rs57.5crore (value at price to sales of 1.3x). IPL has an option to acquire another 49% stake in next three years. View: Paint companies are focusing on expanding its product portfolio in Rs15000crore construction chemical industry (expected to grow in double digits). IPL’s acquisition of majority stake in ACIPL is in-line with its focus on expanding its product portfolio in categories, which has large opportunities in long run. We have Buy rating on IPL.
  • Indigo Paints

    15 Mar 2023 , 10:20AM Indigo Paints – falling crude prices augurs well for margins
  • Indigo paints Q4FY2022 results

    20 May 2022 , 3:27PM Indigo paints Q4FY2022 results – good margin performance in higher input cost environment
  • Stock update: Indigo Paints Q3FY2022 (Standalone) result update

    15 Feb 2022 , 11:45AM Stock update: Indigo Paints Q3FY2022 (Standalone) result update - Good quarter in an inflationary environment
  • Stock idea: Indigo Paints

    23 Aug 2021 , 9:31AM Stock idea: Indigo Paints Ltd – Paint your portfolio bright

Key fundamentals

Evaluate the intrinsic value of Indigo Paints Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 915.0678 776.1275 657.5994 563.4897 242.563
Liabilities 915.0678 776.1275 657.5994 563.4897 242.563
Equity 47.621 47.5883 47.569 47.569 29.0223
Gross Profit 232.6979 181.5324 135.9837 122.5161 91.0172
Net Profit 148.6526 131.9394 84.048 70.8501 47.8148
Cash From Operating Activities 152.1008 116.1131 65.1909 121.353 85.8641
NPM(%) 11.84 12.29 9.27 9.79 7.65
Revenue 1254.8611 1073.3343 905.9748 723.3247 624.792
Expenses 1022.1632 891.8019 769.9911 600.8086 533.7748
ROE(%) 15.84 14.06 8.96 7.55 5.09

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
02 Aug 2024 3.5 35 0 1431.35
28 Jul 2023 3.5 35 0 1507.4
25 Aug 2022 3 30 0 1620.05

Peers

Other companies within the same industry or sector that are comparable to Indigo Paints Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Asahi Songwon Colors Ltd 355.50 -2.54 29.36 1220.99 170.07 0.14
Dynemic Products Ltd 275.10 -3.12 22.60 1245.96 29.11 0.00
Kansai Nerolac Paints Ltd 258.04 -2.96 18.13 83738.11 1466.24 1.45
Hindprakash Industries Ltd 125.73 -4.79 97.47 1183.37 13.43 0.00

Company Info

The Company was originally incorporated as `Indigo Paints Private Limited' at Pune, Maharashtra as a private limited company under the Companies Act, 1956, pursuant to the certificate of incorporation dated March 28, 2000 issued by the RoC. Subsequently, the Company was converted into a public limited company and consequently the name of the Company was changed to `Indigo Paints Limited' and a fresh certificate of incorporation dated August 20, 2020 was issued by the RoC.Major events and milestones of the Company :2000- Incorporation of the Company2001- The Company began manufacturing of cement paints in Jharkhand and later shifted to Jodhpur, Rajasthan2007- The Company moved to its own factory space in Jodhpur, Rajasthan- The Company had by now broadened its product portfolio to include water-based paints2010- We had expanded the geographical footprint to 11 states in India by now2011- The Company implemented SAP2013- We carried out a rebranding exercise and created the new logo and packaging design- We began advertising in newspapers and hoardings2015- Sequoia IV invested approximately ? 300 million in the Company2016- SCII V invested approximately ? 900 million by in the Company- The Company acquired Hi-Build Coatings Private Limited; a Kerala based paint company- Sequoia IV invested approximately ? 200 million in the Company2018- We intensified television advertising- The Company expanded its geographical footprint to other states2019- The Company appointed Mahendra Singh Dhoni, as its brand ambassador- We introduced a new model of tinting machines across India- The Company engaged in BTL activities like painter meets, dealer boards and in-shop branding, and also intensified dealer loyalty programmes 2021 -Indigo Paints Ltd. makes a strong debut on the bourses with scrip got listed at Rs 2,607.50 on the Bombay Stock Exchange.

The Company was originally incorporated as `Indigo Paints Private Limited' at Pune, Maharashtra as a private limited company under the Companies Act, 1956, pursuant to the certificate of incorporation dated March 28, 2000 issued by the RoC. Subsequently, the Company was converted into a public limited company and consequently the name of the Company was changed to `Indigo Paints Limited' and a fresh certificate of incorporation dated August 20, 2020 was issued by the RoC.Major events and milestones of the Company :2000- Incorporation of the Company2001- The Company began manufacturing of cement paints in Jharkhand and later shifted to Jodhpur, Rajasthan2007- The Company moved to its own factory space in Jodhpur, Rajasthan- The Company had by now broadened its product portfolio to include water-based paints2010- We had expanded the geographical footprint to 11 states in India by now2011- The Company implemented SAP2013- We carried out a rebranding exercise and created the new logo and packaging design- We began advertising in newspapers and hoardings2015- Sequoia IV invested approximately ? 300 million in the Company2016- SCII V invested approximately ? 900 million by in the Company- The Company acquired Hi-Build Coatings Private Limited; a Kerala based paint company- Sequoia IV invested approximately ? 200 million in the Company2018- We intensified television advertising- The Company expanded its geographical footprint to other states2019- The Company appointed Mahendra Singh Dhoni, as its brand ambassador- We introduced a new model of tinting machines across India- The Company engaged in BTL activities like painter meets, dealer boards and in-shop branding, and also intensified dealer loyalty programmes 2021 -Indigo Paints Ltd. makes a strong debut on the bourses with scrip got listed at Rs 2,607.50 on the Bombay Stock Exchange.

Read More

Parent Organisation

Indigo Paints Ltd.

Founded

28/03/2000

Managing Director

Mr.Hemant Kamala Jalan

NSE Symbol

INDIGOPNTSEQ

FAQ

The current price of Indigo Paints Ltd is ₹ 1000.45.

The 52-week high for Indigo Paints Ltd is ₹ 1045.00 and the 52-week low is ₹ 999.00.

The market capitalization of Indigo Paints Ltd is currently ₹ 4765.61. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Indigo Paints Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Indigo Paints Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Indigo Paints Ltd shares.

The CEO of Indigo Paints Ltd is Mr.Hemant Kamala Jalan, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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