Indigo Paints Ltd

  • BSE Code : 543258
  • NSE Symbol : INDIGOPNTS
  • ISIN : INE09VQ01012
  • Industry :PAINTS / VARNISHES

up-arrow 1,386.60 5.00(0.36%)

Open Price ()

1,381.60

Prev. Close ()

1,381.60

Volume (No’s)

17,602

Market Cap ()

6,579.32

Low Price ()

1,378.10

High Price ()

1,389.90

 

Corporate Announcement

02-May-2024 Indigo Paints Limited - Board Meeting
05-Apr-2024 Indigo Paints Limited - Certificate from Debenture Trustee
04-Apr-2024 Indigo Paints Limited - Disclosure under SEBI Takeover Regulations
28-Mar-2024 Indigo Paints Limited - Trading Window
05-Mar-2024 Indigo Paints Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Stock Summary

Market Cap(₹Cr.)

6,564.31

P/E (TTM)

45.64

Book value ()

172.32

Div Yield (%)

0.25

EPS (TTM)

30.2

Face Value ()

10.00

Technical Analysis

Key Level

Resistance 1

1,391.52

Resistance 2

1,401.43

Support 1

1,370.72

Support 2

1,359.83

Moving Average

30 Days

1,338.58

50 Days

1,357.55

100 Days

1,412.68

200 Days

1,460.00

Peers Group

Company Market Cap (₹in Cr.) P/E (x) P/B(x) EV / EBITDA(x) Dividend Yield(%) EPS
Indigo Paints Ltd 6,564.31 45.64 6.19 191.6 0.25 30.2
Asian Paints Ltd 279,275.23 52.24 17 6338.49 0.88 55.73
Berger Paints India Ltd 59,793.68 58.09 13.15 1423 0.52 8.83
Kansai Nerolac Paints Ltd 22,901.39 32.83 4.51 824.72 1.32 8.63
Akzo Nobel India Ltd 11,385.31 27.55 7.92 552.5 2.6 90.75

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Share Holding

CATEGORY NO. OF SHARES PERCENTAGE (%)
Total Foreign 15981662 33.56
Total Institutions 935711 1.97
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 134295 0.28
Total Promoters 25686615 53.94
Total Public & others 4882704 10.25
Total 47620987 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

Corporate Actions

About Company

Indigo Paints Limited was originally incorporated as Private Limited Company with the name Indigo Paints Private Limited' at Pune, Maharashtra on March 28, 2000. Subsequently, the Company was converted into a Public Limited Company and consequently, name of the Company was changed to Indigo Paints Limited' on August 20, 2020. The Company is engaged in manufacture and sale of decorative paints.

Indigo Paints, founded in the year 2000, stands as a prominent paint company in India, recognised for its progressive and distinct product strategy. With its headquarters situated in Pune, Maharashtra, the Company commenced its operations as a modest producer of economical cement paints. However, over time, it underwent a transformation, expanding its portfolio to encompass a diverse assortment of decorative paints. Additionally, it operates three manufacturing facilities strategically located in Jodhpur (Rajasthan), Kochi (Kerala) and Pudukkottai (Tamil Nadu). It has an active dealership network of 16,496 and presently has 3 manufacturing units, spread across 28 states. The Company manufactures complete range of decorative paints including Emulsions, Enamels, Wood Coatings, Distemper, Primers, Putties and Cement Paints.

The Company identify potential product needs from customers an...

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