INDIGOPNTS

Indigo Paints Share PriceIndigo Paints

₹1,489.00
-2.2 (-0.15%)
As on 10 December, 2023 | 20:24 BSE: 543258 NSE: INDIGOPNTSISIN: INE09VQ01012

Indigo Paints Performance

Day Range

  • Low 1,472.75
  • High 1,503.00
₹ 1,489.00

52 Week Range

  • Low 981.95
  • High 1,679.95
₹ 1,489.00
  • Open Price1,496.05
  • Previous Close1,491.20
  • Volume228383

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Indigo Paints Share Price

  • Over 1 Month 4.19%
  • Over 3 Month -5.81%
  • Over 6 Month 3.38%
  • Over 1 Year 11.97%

Indigo Paints Key Statistics

P/E Ratio 53.6
PEG Ratio 3.8
Market Cap Cr 7,089
Price to Book Ratio 9.1
EPS 27.6
Dividend 0.2
Relative Strength Index 50.48
Money Flow Index 36.12
MACD Signal 8.36
Average True Range 39.21

Indigo Paints Investment Rating

  • Master Rating:
  • Indigo Paints has an operating revenue of Rs. 1,154.21 Cr. on a trailing 12-month basis. An annual revenue growth of 18% is outstanding, Pre-tax margin of 15% is great, ROE of 16% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 8% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 11% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 39 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 166 indicates it belongs to a poor industry group of Chemicals-Paints and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Indigo Paints Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 270277325281243224288
Operating Expenses Qtr Cr 229229254241209189235
Operating Profit Qtr Cr 42487241343554
Depreciation Qtr Cr 10999888
Interest Qtr Cr 0000001
Tax Qtr Cr 811179-9713
Net Profit Qtr Cr 26314926372035
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,083917
Operating Expenses Annual Cr 892770
Operating Profit Annual in Cr 182136
Depreciation Cr 3431
Interest Annual Cr 11
Tax Annual Cr 2430
Net Profit Annual Cr 13284
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 11665
Cash from Investing Activity Annual Cr -84-69
Cash from Financing Annual Activity Cr -20-5
Net Cash Flow Annual Cr 12-9
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 776650
Fixed Assets Annual Cr 516304
Total Non Current Assets Annual Cr 543347
Total Current Assets Annual Cr 519572
Total Assets Annual Cr 1,062920
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 163137
ROE Annual % 1713
ROCE Annual % 2017
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1816
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr
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Depreciation Qtr Cr
Interest Qtr Cr
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IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
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IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Indigo Paints Technicals

EMA & SMA

Current Price
₹1,489.00
-2.2 (-0.15%)
pointer
  • Bullish Moving Average
  • ___
  • 8
  • Bearish Moving Average
  • ___
  • 8
  • 20 Day
  • ₹1,490.04
  • 50 Day
  • ₹1,484.87
  • 100 Day
  • ₹1,470.98
  • 200 Day
  • ₹1,443.97
  • 20 Day
  • ₹1,499.68
  • 50 Day
  • ₹1,470.69
  • 100 Day
  • ₹1,507.31
  • 200 Day
  • ₹1,372.91

Indigo Paints Resistance and Support

PIVOT
₹1,488.25
Resistance
First Resistance 1,503.75
Second Resistance 1,518.50
Third Resistance 1,534.00
RSI 50.48
MFI 36.12
MACD Single Line 8.36
MACD 7.25
Support
First Resistance 1,473.50
Second Resistance 1,458.00
Third Resistance 1,443.25

Indigo Paints Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 241,409 19,889,688 82.39
Week 115,701 7,359,728 63.61
1 Month 124,347 5,310,848 42.71
6 Month 89,966 4,113,246 45.72

Indigo Paints Result Highlights

Indigo Paints Synopsis

NSE-Chemicals-Paints

Indigo Paints is involved in the business activities of Manufacture of other chemical products. Company’s Total Operating Revenue is Rs. 1073.33 Cr. and Equity Capital is Rs. 47.59 Cr. for the Year ended 31/03/2023. Indigo Paints Ltd. is a Public Limited Listed company incorporated on 28/03/2000 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24114PN2000PLC014669 and registration number is 014669.
Market Cap 7,089
Sales 1,154
Shares in Float 2.19
No of funds 65
Yield 0.24
Book Value 9.13
U/D Vol ratio 1.2
LTDebt / Equity 1
Alpha
Beta 0.92

Indigo Paints

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 53.95%53.98%53.98%54%
Mutual Funds 0.62%0.54%0.54%0.56%
Insurance Companies 1.06%1.61%1.92%2.04%
Foreign Portfolio Investors 8.75%8.9%8.8%10.19%
Individual Investors 8.74%7.83%7.7%6.25%
Others 26.88%27.14%27.06%26.96%

Indigo Paints Management

Name Designation
Mr. Hemant Kamala Jalan Chairman & Managing Director
Mrs. Anita Hemant Jalan Executive Director
Mr. Narayanankutty Kottiedath Venugopal Executive Director
Mr. Sunil Badriprasad Goyal Independent Director
Mr. Praveen Kumar Ramniranjan Tripathi Independent Director
Mr. Ravi Nigam Independent Director
Ms. Ashwini Deshpande Independent Director
Mrs. Sakshi Vijay Chopra Nominee Director

Indigo Paints Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Indigo Paints Corporate Action

Date Purpose Remarks
2023-11-03 Quarterly Results
2023-08-07 Quarterly Results
2023-05-26 Audited Results & Final Dividend
2023-02-10 Quarterly Results
2022-11-03 Quarterly Results

Indigo Paints MF Shareholding

Name Amount(cr)
HDFC Large and Mid Cap Fund Growth 13,428
SBI Magnum Midcap Fund Regular Growth 13,202
Axis Balanced Advantage Fund Regular Growth 1,907
Mirae Asset Multicap Fund Regular Growth 1,731
Nippon India Nifty Smallcap 250 Index Fund Reg Gr 719

Indigo Paints FAQs

What is Share Price of Indigo Paints ?

Indigo Paints share price is ₹1,489 As on 10 December, 2023 | 20:10

What is the Market Cap of Indigo Paints ?

The Market Cap of Indigo Paints is ₹7088.8 Cr As on 10 December, 2023 | 20:10

What is the P/E ratio of Indigo Paints ?

The P/E ratio of Indigo Paints is 53.6 As on 10 December, 2023 | 20:10

What is the PB ratio of Indigo Paints ?

The PB ratio of Indigo Paints is 9.1 As on 10 December, 2023 | 20:10

Q2FY23