Indigo Paints Ltd (INDIGOPNTS)
₹997.30
Mkt cap
₹4,830 Cr
P/E ratio
29.20
P/B
4.02
Div yield
0.49%
ROE
13.40%
ROCE
17.90%
EPS (TTM)
₹34.15
Book value
₹248
52W range
708–1,346
Sector
Consumer Discretionary
Price history
Previous close
Incorporated in 2000, Indigo Paints Ltd manufactures and sells decorative paints [1]
NSE INDIGOPNTSBSE 543258
Health check
Constructive
ValuationFair
ProfitabilityAverage
GrowthHigh
TechnicalsNeutral
52-week range
−25.90% from high₹997
₹708+40.85% from low₹1,346
Current
₹997.30
Prev close
₹1,011.80
Day
−1.43%
Price performance
1D
−2.06%
1W
−2.26%
1M
−8.15%
3M
−8.32%
6M
+13.06%
1Y
−4.56%
YTD
−14.85%
Financials
Revenue, profit & margin
P/E ratio
29.2×
INDIGOPNTS is 11% below the sector median of 32.8×
INDIGOPNTS29.2×
Sector median32.8×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026NSE | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 277 | 270 | 341 | 366 | 294 | 289 | 327 | 367 | 295 | 298 | 339 | 398 | 350 | 340 | |
| Expenses | 229 | 229 | 280 | 284 | 248 | 246 | 270 | 281 | 251 | 253 | 273 | 306 | 288 | 310 | |
| Operating Profit | 48 | 42 | 61 | 82 | 46 | 43 | 57 | 86 | 44 | 46 | 66 | 92 | 62 | 30 | |
| OPM % | 17% | 15% | 18% | 22% | 16% | 15% | 18% | 23% | 15% | 15% | 19% | 23% | 18% | 9% | |
| Other Income | 4 | 3 | 3 | 4 | 4 | 5 | 3 | 6 | 6 | 3 | -2 | 0 | 10 | 2 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | |
| Depreciation | 9 | 10 | 13 | 14 | 14 | 14 | 14 | 12 | 14 | 14 | 14 | 14 | 14 | 14 | |
| Profit before tax | 42 | 34 | 50 | 72 | 35 | 33 | 46 | 78 | 35 | 34 | 49 | 77 | 57 | 17 | |
| Tax % | 26% | 24% | 25% | 26% | 25% | 27% | 21% | 27% | 25% | 25% | 26% | 25% | 26% | 20% | |
| Net Profit | 31 | 26 | 38 | 54 | 26 | 24 | 36 | 57 | 26 | 26 | 36 | 57 | 42 | 14 | |
| EPS in Rs | 6.58 | 5.49 | 7.92 | 11.24 | 5.56 | 5.06 | 7.65 | 11.95 | 5.53 | 5.35 | 7.58 | 12.03 | 8.89 | 2.90 | |
| Raw PDF | — |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202653.82%Promoter
Promoters53.82%0.06
FIIs5.70%0.03
DIIs24.89%0.36
Public15.59%0.43
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Asian Paints | ₹2,302.00 | 44.60 | 2,20,807 | 1.19% | 1,085 | +7.45% | 9,977 | +16.94% | 26.34% |
| Berger Paints | ₹466.55 | 44.29 | 54,400 | 0.86% | 405 | +18.22% | 3,584 | +11.97% | 21.55% |
| Kansai Nerolac | ₹179.06 | 22.46 | 14,484 | 1.40% | 228 | +4.83% | 2,374 | +9.79% | 11.99% |
| JSW Dulux | ₹276.20 | 32.76 | 12,578 | 1.81% | 80 | −12.42% | 965 | −3.02% | 22.73% |
| Indigo Paints | ₹1,011.80 | 29.17 | 4,830 | 0.49% | 42 | +60.74% | 350 | +18.72% | 17.94% |
| Sirca Paints | ₹415.80 | 35.22 | 2,361 | 0.48% | 16 | +14.07% | 130 | +13.80% | 20.28% |
| Shalimar Paints | ₹80.87 | — | 677 | 0.00% | −33 | −130.20% | 116 | −13.56% | −7.93% |
| Median: 9 Co. | ₹276.20 | 32.76 | 4,830 | 0.86% | 42 | +7.45% | 350 | +11.97% | 20.28% |
Filings
Annual reports6
Concall transcripts54
TranscriptSep 2026PPTSep 2026RECSep 2026TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024
Credit ratings1
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 Oct - Earnings Conference Call (Q2 FY 2026-27 Results-group conference call through digital means) on Monday, November 02, 2026 at 11:00 Hrs (IST).Board Meeting Intimation for Board Meeting Intimation For Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2026. 16 Oct - Board meeting on October 30, 2026 to approve Q2 and half-year FY26 standalone and consolidated results.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Oct - Submitted Regulation 74(5) confirmation certificate for quarter ended September 30, 2026.Closure of Trading Window 28 SepShareholder Meeting / Postal Ballot-Scrutinizer''s Report 15 Sep - Indigo Paints AGM approved FY26 financials, Rs. 5 final dividend, director appointment, and cost auditor ratification.




