Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

  • Home
  • /
  • Indigo Paints
Join Channel
Consolidated Standalone

Indigo Paints

₹1351.9 -7.5 | 0.6%

Market Cap ₹6440 Cr.

Stock P/E 43.3

P/B 6.8

Current Price ₹1351.9

Book Value ₹ 200

Face Value 10

52W High ₹1720

Dividend Yield 0.26%

52W Low ₹ 1253.2

Edit Ratio

Indigo Paints Research see more...

Stocx User

Initial Coverage: Indigo Paints

Overview Inc. Year: 2000Industry: Paints

Indigo Paints Ltd manufactures and sells decorative paints in India and the world over. It gives indoors and outdoor emulsions, enamels, putties and primers, glossy wooden coatings, and other merchandise. Indigo Paints Ltd became incorporated in 2000 and is situated in Pune, India.

Read More..

Indigo Paints Share Price

New

₹ | |

Volume
Price

Quarterly Price

Quarterly Monthly
Show Value Show %

Peer Comparison

Indigo Paints Quarterly Results

#(Fig in Cr.) Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
Net Sales 172 181 105 155 210 254 156 196 265 288
Other Income 1 0 0 1 1 2 3 3 2 3
Total Income 172 181 105 155 211 256 159 199 268 291
Total Expenditure 151 134 86 126 178 211 136 173 227 235
Operating Profit 21 47 19 30 33 45 23 26 41 56
Interest 1 2 1 1 1 0 0 0 0 1
Depreciation 5 5 6 6 6 7 7 8 8 8
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 16 40 12 23 26 37 16 18 33 47
Provision for Tax 1 13 4 4 7 12 4 5 9 13
Profit After Tax 15 27 8 19 19 25 12 14 24 35
Adjustments 0 0 0 -0 0 0 0 0 0 0
Profit After Adjustments 15 27 8 19 19 25 12 14 24 35
Adjusted Earnings Per Share 5 9.4 2.9 6.5 4.2 5.2 2.4 2.8 5.1 7.3

Indigo Paints Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 64 90 124 289 411 536 625 723 906 1073 1255 905
Other Income 0 1 1 1 0 2 2 4 11 10 13 11
Total Income 64 91 125 290 412 537 626 727 917 1083 1268 917
Total Expenditure 61 97 130 291 387 482 534 601 770 892 1022 771
Operating Profit 3 -7 -5 -1 24 56 93 126 147 192 246 146
Interest 2 1 0 3 4 5 6 4 1 1 2 1
Depreciation 1 1 1 14 17 17 20 24 31 34 46 31
Exceptional Income / Expenses 0 1 0 0 -1 -0 0 0 0 0 0 0
Profit Before Tax 1 -7 -6 -18 2 34 67 98 114 156 198 114
Provision for Tax 0 0 0 -2 -0 7 20 27 30 24 50 31
Profit After Tax 0 -7 -6 -16 3 27 48 71 84 132 149 85
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 -7 -6 -16 3 27 48 71 84 132 149 85
Adjusted Earnings Per Share 0.1 -2.4 -2.1 -5.5 0.9 9.3 16.5 14.9 17.7 27.7 31.2 17.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 17% 20% 19% 35%
Operating Profit CAGR 28% 25% 34% 55%
PAT CAGR 13% 28% 41% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -8% -11% NA% NA%
ROE Average 18% 17% 20% 6%
ROCE Average 24% 22% 24% 11%

Indigo Paints Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 4 28 132 116 118 147 197 563 650 776 915
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 6 0 0 8 9 27 25 0 0 0 0
Other Non-Current Liabilities -0 0 0 0 2 11 15 19 26 21 33
Total Current Liabilities 25 33 64 122 150 188 185 228 244 264 274
Total Liabilities 35 61 196 246 279 373 422 811 920 1062 1222
Fixed Assets 10 12 13 91 95 149 201 249 253 265 548
Other Non-Current Assets 0 1 95 3 8 14 10 19 94 278 82
Total Current Assets 25 47 87 152 177 210 211 542 572 519 592
Total Assets 35 61 196 246 279 373 422 811 920 1062 1222

Indigo Paints Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 0 1 2 3 8 5 12 6 45 36 47
Cash Flow from Operating Activities 4 -6 11 -26 27 52 72 121 65 116 152
Cash Flow from Investing Activities -5 -10 -123 15 -23 -63 -61 -318 -69 -84 -143
Cash Flow from Financing Activities 2 16 113 15 -7 19 -17 236 -5 -20 -24
Net Cash Inflow / Outflow 0 1 1 5 -3 7 -6 39 -9 12 -15
Closing Cash & Cash Equivalent 1 2 3 8 5 12 6 45 36 47 33

Indigo Paints Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 0.13 -2.43 -2.1 -5.55 0.9 9.31 16.48 14.89 17.67 27.73 31.22
CEPS(Rs) 0.43 -2.19 -1.77 -0.63 6.85 15.22 23.23 20.02 24.24 34.94 40.91
DPS(Rs) 1 0 0 0 0 0 0 0 3 3.5 3.5
Book NAV/Share(Rs) 1.57 9.38 45.13 34.05 34.95 44.06 61.07 118.35 136.04 161.02 189.45
Core EBITDA Margin(%) 3.97 -8.05 -4.5 -0.67 5.82 9.06 13.07 15.04 13.14 14.41 15.23
EBIT Margin(%) 2.93 -6.8 -4.55 -5.16 1.48 6.43 10.49 12.49 11.17 12.48 13.08
Pre Tax Margin(%) 0.8 -7.7 -4.82 -6.08 0.55 5.65 9.69 12.02 11.04 12.37 12.98
PAT Margin (%) 0.48 -7.71 -4.82 -5.49 0.63 4.5 6.87 8.7 8.12 10.47 9.73
Cash Profit Margin (%) 1.62 -6.94 -4.07 -0.62 4.76 7.36 9.69 11.69 11.14 13.2 12.75
ROA(%) 1.17 -14.48 -4.68 -7.18 0.98 8.24 12.03 11.49 9.71 13.32 13.02
ROE(%) 8.33 -44.39 -7.69 -14.02 2.61 23.67 31.42 19.14 13.89 18.67 17.82
ROCE(%) 13 -24.92 -6.73 -10.4 4 21.22 32.12 25.1 19.06 22.06 23.65
Receivable days 66.49 83.43 86.69 70.35 81.03 63.57 54.63 50.55 51.65 53.85 48.28
Inventory Days 38.42 41.58 38.9 39.44 43.64 36.72 38.31 38.4 37.46 34.09 33.9
Payable days 120.37 160.5 239.71 159.45 180.8 148.99 155.79 157.12 137.53 122.81 117.13
PER(x) 0 0 0 0 0 0 0 160.41 90.48 36.4 40.24
Price/Book(x) 0 0 0 0 0 0 0 20.19 11.75 6.27 6.63
Dividend Yield(%) 0 0 0 0 0 0 0 0 0.19 0.35 0.28
EV/Net Sales(x) 0.22 -0.04 0.05 0.25 0.19 0.17 0.15 15.36 8.28 4.43 4.74
EV/Core EBITDA(x) 4.57 0.56 -1.26 -85.82 3.2 1.67 0.99 88.08 51.1 24.81 24.17
Net Sales Growth(%) 17.15 41.36 37.92 132.61 42.15 30.29 16.65 15.77 25.25 18.47 16.91
EBIT Growth(%) -0.81 -378.45 7.81 -164.01 140.68 532.13 90.33 39.3 13.67 36 27.15
PAT Growth(%) -38.23 -2030.9 13.69 -164.61 116.2 945.44 77.95 48.18 18.63 56.98 12.67
EPS Growth(%) -38.23 -2030.68 13.7 -164.61 116.2 936.11 76.9 -9.6 18.63 56.92 12.59
Debt/Equity(x) 3.19 0.11 0.05 0.29 0.3 0.41 0.26 0 0 0 0
Current Ratio(x) 1.01 1.43 1.36 1.25 1.17 1.12 1.14 2.37 2.34 1.96 2.16
Quick Ratio(x) 0.65 1.08 1.13 0.86 0.84 0.75 0.73 1.96 1.86 1.52 1.55
Interest Cover(x) 1.37 -7.54 -16.35 -5.61 1.59 8.24 13.05 26.68 86.91 114.29 125.7
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Indigo Paints Shareholding Pattern

# Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Promoter 54 54 54 53.98 53.98 53.95 53.94 53.94 53.94 53.92
FII 9.08 8.82 10.19 8.8 8.9 8.75 8.78 7.73 8.28 12.31
DII 3.4 3.06 3.34 3.2 2.88 2.29 1.76 1.96 1.06 16.13
Public 33.52 34.11 32.47 34.02 34.25 35.01 35.52 36.37 36.72 17.64
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 40% CAGR over last 5 years
  • Debtor days have improved from 122.81 to 117.13days.
  • Company is almost debt free.

Cons

  • Stock is trading at 6.8 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Indigo Paints News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

You May Also Know About

Unlisted Shares Pre-IPO Shares ESOP Shares Delisted Shares

Please Login!

Click to Login
OR
Get free Account

Error!