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.
Indigo Paints share price as on 01 Mar 2026 is Rs. 936.8. Over the past 6 months, the Indigo Paints share price has decreased by 15.13% and in the last one year, it has decreased by 12%. The 52-week low for Indigo Paints share price was Rs. 910 and 52-week high was Rs. 1345.9.
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.
Indigo Paints share price as on 01 Mar 2026 is Rs. 936.8. Over the past 6 months, the Indigo Paints share price has decreased by 15.13% and in the last one year, it has decreased by 12%. The 52-week low for Indigo Paints share price was Rs. 910 and 52-week high was Rs. 1345.9.
