Avsar.

Consumer Discretionary · Paints

Indigo Paints Ltd (INDIGOPNTS)

₹1,048.90

Mkt cap
₹5,170 Cr
P/E ratio
34.50
P/B
4.23
Div yield
0.32%
ROE
13.40%
ROCE
17.90%
EPS (TTM)
₹30.40
Book value
₹248
52W range
711–1,326
Sector
Consumer Discretionary

Incorporated in 2000, Indigo Paints Ltd manufactures and sells decorative paints [1]

NSE INDIGOPNTSBSE 543258www.indigopaints.com
Health check
Constructive
ValuationFair
ProfitabilityAverage
GrowthHigh
TechnicalsNeutral
52-week range
−20.90% from high
₹1,049
₹711+47.57% from low₹1,326
Current
₹1,048.90
Prev close
₹1,052.70
Day
−0.36%
Price performance
1D
−0.36%
1W
−2.70%
1M
+4.24%
3M
+21.96%
6M
−7.96%
1Y
−12.75%
YTD
−10.44%

Financials

F
Revenue, profit & margin
P/E ratio
34.5×
INDIGOPNTS is 4% below the sector median of 35.8×
INDIGOPNTS34.5×
Sector median35.8×
 Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Trend
Sales325277270341366294289327367295298339398
Expenses254229229280284248246270281251253273306
Operating Profit72484261824643578644466692
OPM %22%17%15%18%22%16%15%18%23%15%15%19%23%
Other Income34334453663-20
Interest0000011011101
Depreciation991013141414141214141414
Profit before tax65423450723533467835344977
Tax %26%26%24%25%26%25%27%21%27%25%25%26%25%
Net Profit49312638542624365726263657
EPS in Rs10.236.585.497.9211.245.565.067.6511.955.535.357.5812.03
Raw PDF

Earnings

EResults dates & reactions
Next results
13 Aug '26scheduled

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

No reaction history yet.
No quarterly filings ingested yet.

Corporate actions

CLast 6 months

No recent corporate actions

Dividends, splits, and bonuses in the last six months show up here.

Shareholding

Sas of Mar 2026
53.88%Promoter
Promoters53.88%
FIIs7.42%3.79
DIIs23.00%1.87
Public15.72%1.92
Ownership trend

Peers

P7 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
Asian Paints₹2,670.0057.652,56,1061.03%1,185+43.83%9,247+10.62%26.34%
Berger Paints₹491.7049.1457,3320.81%335+17.33%2,868+6.07%22.20%
Kansai Nerolac₹202.9328.3416,4111.23%110+15.06%1,954+7.54%11.99%
JSW Dulux₹2,948.1037.1713,4261.70%126+15.96%883−12.92%22.73%
Indigo Paints₹1,084.4034.525,1700.32%57+0.77%398+8.36%17.94%
Sirca Paints₹393.3534.342,2340.38%18+25.07%134+33.07%21.47%
Shalimar Paints₹50.95—4270.00%−7+22.37%156−12.32%−7.92%
Median: 9 Co.₹393.3535.845,1700.81%57+17.33%398+7.54%21.47%

Filings

D
Annual reports5
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bse
Concall transcripts51
TranscriptMay 2026PPTMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024PPTMay 2024RECMay 2024TranscriptFeb 2024
Credit ratings1
Rating update 6 Apr 2021care
Announcements5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5h - Submission of Compliance Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended June 30, 2026Closure of Trading Window 28 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY27 results.Compliances-Reg.24(A)-Annual Secretarial Compliance 30 May - Indigo Paints filed FY26 secretarial compliance report; NSE Rs 5,000 penalty waiver approved on 12 Sept 2025.Announcement under Regulation 30 (LODR)-Earnings Call Transcript 29 MayAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 25 May - Audio recording of FY26 earnings call held on May 25, 2026 shared online.