loader2
Partner With Us NRI

Indigo Paints Ltd share Price Today

Company details

1,366.00
1,384.60
1,250.00
1,679.95
6M Return -6.18%
1Y Return -3.52%
Mkt Cap.(Cr) 6,547.41
Volume 44,794
Div Yield 0.25%
OI
-
OI Chg %
-
Volume 44,794

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Furniture-Furnishing Paints company Indigo Paints announced Q3FY24 & 9MFY24 results:

Standalone Q3FY24:

  • Net Revenue from Operations: Rs 341.25 crore, a 21.33% increase from the corresponding quarter of the last year

  • EBIDTA: Rs 60.91 crore, up by 50.18% compared to the corresponding quarter of the last year.

  • Net Profit: Rs 37.70 crore, representing a 43.55% increase from the corresponding quarter of last year.

Consolidated Q3FY24:

  • Net Revenue from Operations: Rs 353.77 crore, a 25.78% increase over Q3 FY23.

  • EBIDTA: Rs 62.24 crore, marking a growth of 53.46% from the corresponding quarter of the last year.

  • Net Profit: Rs 37.55 crore, a 42.98% increase from the corresponding quarter of last year.

Standalone 9MFY24:

  • Net Revenue from Operations: Rs 888.72 crore, an 18.83% increase compared to the same period last year.

  • EBIDTA: Rs 150.42 crore, representing 36.99% growth from the same period last year.

  • Net Profit: Rs 95.13 crore, a 42.13% increase from the corresponding period of last year.

Consolidated 9MFY24:

  • Net Revenue from Operations: Rs 921.21 crore, up by 23.18% over the same period last year.

  • EBIDTA: Rs 153.48 crore, marking a 39.77% increase from the same period last year.

  • Net Profit: Rs 94.39 crore, a 41.02% rise from the corresponding period of last year.

Result PDF

View Other Company Results

Indigo Paints Ltd shares SWOT Analysis

Strengths (9)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with No Debt

Weakness (1)

  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (0)

Data not found

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 1,384.3
R2 1,393.8
R3 1,402.9
Pivot

1,375.17

S1 1,365.7
S2 1,356.6
S3 1,347.1
EMA SMA
1,364.9
1,366.8
1,383.4
1,403.1
1,369.3
1,360.8
1,381.4
1,436.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
MORGAN STANLEY ASIA SINGAPORE PTE Bulk Purchase 2024-01-16 1475 275000 NSE
SMALLCAP WORLD FUND INC Bulk Sell 2024-01-16 1475.32 705389 NSE
PICTET - INDIAN EQUITIES Bulk Purchase 2022-11-09 1343 324000 BSE
Name Category Shares
Hemant Kamala Jalan PROMOTER 17.99%
Anita Hemant Jalan PROMOTER 14.67%
Kamala Prasad Jalan PROMOTER 7.45%
Parag Hemant Jalan PROMOTER 3.41%
Halogen Chemicals Pvt Ltd PROMOTER 10.41%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Indigo Paints Ltd Stocks COMPARISON

Financials( in Cr) Indigo Paints Ltd Asian Paints Ltd Berger Paints India Ltd Kansai Nerolac Paints Ltd Akzo Nobel India Ltd
Price 1,374.90 2,921.60 502.70 282.90 2,848.20
% Change 0.47 0.40 0.27 -0.11 1.16
Mcap Cr 6,547.41 280,239.29 58,604.56 22,869.07 12,970.70
Revenue TTM Cr 1,073.33 35,494.73 10,567.84 7,801.44 3,802.10
Net Profit TTM Cr 131.94 5,557.69 860.40 1,175.86 335.10
PE TTM 44.42 51.31 50.14 34.84 30.38
1 Year Return -3.52 -10.46 -9.85 -3.90 18.64
ROCE 21.43 37.82 23.34 16.55 32.26
ROE 18.51 32.01 20.43 12.79 26.04
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 776.13 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 33,119.99 -408.46
LAST 3M 113,155.52 -36,230.77
LAST 6M 183,603.09 -15,050.11
LAST 12M 290,144.87 98,834.05

Indigo Paints Ltd Information

Stock PE (TTM)
44.42
Promoter Holding
53.94%
Book Value
189.4419
ROCE
21.43%
ROE
18.51%
Description
  • Indigo Paints Limited is engaged in Paints Industry, having its market capitalization worth INR 11,027.21 Cr. as of 16th April 2021. The company was set up in the year 2000. This company is listed on the Bombay Stock Exchange (BSE), having the code 543258 and listed on the National Stock Exchange (NSE) with the symbol INDIGOPNTS. Its headquarters are in Pune, and the company claims to be one of the strongest contenders in the Indian paint industry, being one of the fastest-growing paint companies in India. It majorly manufactures different types of decorative paints like enamels, emulsions, wood coatings, primers etc. Since its inception, the company spread its footprints across the country with the rapid growth of its reach across India. It is the fifth-largest business in the Indian Decorative Paint Industry, with a commercial presence in 27 states and seven union territories. Major competitors of Indigo Paints are Berger Paints, Asian Paints, Nerolac, Shalimar Paints etc. In the Indian Paints Industry, there has been an annual attrition rate of about 25%. Against that, Indigo Paints has maintained a low attrition rate consecutively for the past five years. Indigo Paints was a private company until recently, on 20th January 2021, it went public. The Chairman and Managing Director are Mr Hemant Jalan. The total income of Indigo Paints for the financial year 2020 was Rs. 626.41 crores, and the total expenditure was Rs. 575.59 crores. Its total net profit for the financial year 2020 was Rs. 48 crores compared to its previous financial year's net profit of about Rs. 26 crores. The company has low debt amounting to Rs. 57 crore in the financial year 2020. The company has continuously reported improved net profits for the past two years. The corporation operates three manufacturing plants in Jodhpur, Kochi, and Pudukkottai, with a total built-up processing capacity of 101,903-kilolitres per annum for liquid paints and 93,118 metric tonnes per annum for putties and powder paints. The company has also introduced tinting machines for its target markets to increase emulsion paints, which require in-shop tinting. According to Founder and CMD Hemant Jalan, performance-linked bonuses and employee equity ownership programmes (ESOPs) are a major part of the company's compensation package for workers for both workforce productivity and team building. Senior management gets ESOPs after one or two years with the company. After three or four years of service, even mid-level management are liable. Stock options have been granted to assistant managers and above.

Registered Address

Indigo Towe Street - 5, Pallod Farm- 2 Baner Road, Pune, Maharashtra, 411045

Tel : 91-20-66814300
Email : secretarial:indigopaints.com
Website : http://www.indigopaints.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543258
NSE Code : INDIGOPNTS
Book Closure Date (Month) : Jul/Aug
BSE Group : A
ISIN : INE09VQ01012

FAQ’s on Indigo Paints Ltd Shares

You can buy Indigo Paints Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Indigo Paints Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:54 PM the closing price of Indigo Paints Ltd was Rs.1,374.90.

The latest PE ratio of Indigo Paints Ltd as of Jun 14, 2024 03:54 PM is 44.42

The latest PB ratio of Indigo Paints Ltd as of Jun 14, 2024 03:54 PM is 0.14

The 52-week high of Indigo Paints Ltd share price is Rs. 1,679.95 while the 52-week low is Rs. 1,250.00

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:54 PM, the market cap of Indigo Paints Ltd stood at Rs. 6,547.41.

Download App

Download Our App

Play Store App Store
market app