Indigo Paints Ltd Stock Price Today (NSE: INDIGOPNTS)
Fundamental Score
Indigo Paints Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Indigo Paints Ltd share price today is ₹710.80, down 4.58% on NSE/BSE as of 30 March 2026. Indigo Paints Ltd (INDIGOPNTS) is a Mid-cap company in the Paints sector with a market capitalisation of ₹6.13K (Cr). The 52-week high for INDIGOPNTS share price is ₹1345.90 and the 52-week low is ₹711.00. At a P/E ratio of 42.21x, INDIGOPNTS is currently trading above its industry average P/E of 40.32x. The company has a Return on Equity (ROE) of 14.65% and a debt-to-equity ratio of 0.02.
Indigo Paints Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Indigo Paints Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Indigo Paints Share Price: A Financial Stability Analysis
The paints industry is currently witnessing a dynamic shift, with consumers increasingly seeking value-added products like specialized textures and eco-friendly options, impacting both market share and profitability. This analysis examines the financial stability of Indigo Paints, with a focus on key metrics influencing its share price. Currently, the Indigo Paints share price stands at ₹1008.90. This valuation must be considered in light of the company’s financial performance and industry benchmarks. This is part of a comprehensive 80-parameter fundamental audit verified by Sweta Mishra.
One crucial metric for evaluating Indigo Paints is its Price-to-Earnings (PE) ratio, which currently sits at 42.21. While a higher PE can indicate investor optimism regarding future growth, it also suggests a premium valuation. Comparing this to its peers, such as
Asian Paints Ltd, is essential. While a detailed evaluation of Asian Paints is outside the scope of this document, perceptions around management quality in established giants like Asian Paints often justify a certain valuation premium. A key challenge for Indigo Paints is sustaining growth rates commensurate with this relatively high PE.Return on Capital Employed (ROCE) is a critical indicator of how efficiently a company uses its capital to generate profits. Indigo Paints boasts a ROCE of 19.51%. This strong ROCE directly contributes to the company's ability to reinvest profits and fuel further growth. A high ROCE often signifies a competitive advantage or "moat," as it demonstrates the company's ability to generate superior returns compared to its competitors. This is a positive indicator and suggests efficient capital allocation. However, sustaining this level of ROCE in the face of increasing competition and input cost pressures will be crucial.
Finally, understanding Indigo Paints' relative positioning within the sector, alongside competitors like Berger Paints India Ltd and SIDDHIKA COATINGS, is vital. A more in-depth competitive landscape analysis is required to fully evaluate the long-term sustainability of Indigo Paints' financial performance. These observations are based on currently available data and are not intended as investment recommendations.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Indigo Paints Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of INDIGOPNTS across key market metrics for learning purposes.
Positive Indicators
10 factors identified
Excellent ROCE Performance (19.51%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Strong Operating Margins (17.28%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Consistent Growth Track Record (15.37% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Strong Profit Growth Track Record (24.67% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Conservative Debt Levels (D/E: 0.02)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (66.70x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹41.46 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (53.88%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Strong Institutional Confidence (FII+DII: 31.49%)
Observation: Significant professional investor participation.
Analysis: High institutional holding often signals thorough due diligence.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
1 factors identified
Premium Valuation Risk (P/E: 42.21x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Indigo Paints Ltd Financial Statements
Comprehensive financial data for Indigo Paints Ltd including income statement, balance sheet and cash flow
About INDIGOPNTS (Indigo Paints Ltd)
Indigo Paints Ltd is a rising star in the Indian decorative paints market, known for its innovative and differentiated product offerings. Unlike traditional paint companies focused... solely on standard emulsions and enamels, Indigo carved a niche by developing specialized paints addressing specific consumer needs. Their range includes products like tile and roof paints, designed for durability and weather resistance, as well as unique interior finishes with distinctive textures and effects. This strategic focus on identifying unmet demands within the industry has fueled their growth, allowing them to capture a significant share of the market and establish a strong brand identity synonymous with quality and innovation. Beyond their specialized product line, Indigo Paints maintains a comprehensive portfolio of conventional decorative paints, encompassing interior and exterior emulsions, primers, and putties. These products cater to the broader painting needs of homeowners and contractors, ensuring that Indigo remains a one-stop-shop for diverse painting projects. The company consistently invests in research and development to enhance the performance and aesthetics of its core offerings, incorporating advanced technologies to improve durability, color retention, and ease of application. This commitment to both innovation and core product excellence strengthens their competitive advantage and reinforces their reputation for providing reliable and high-quality paint solutions. Headquartered in Pune, India, Indigo Paints has rapidly expanded its distribution network across the country, making its products readily accessible to a wide customer base. Their commitment to quality and innovation, coupled with a strong understanding of local market preferences, has enabled them to successfully challenge established players in the industry. Indigo Paints continues to focus on expanding its reach, developing new and innovative products, and strengthening its brand presence to further solidify its position as a leading player in the Indian decorative paints market.
Company Details
Key Leadership
Corporate Events
INDIGOPNTS Share Price: Frequently Asked Questions
What is the current share price of Indigo Paints Ltd (INDIGOPNTS)?
As of 30 Mar 2026, 12:02 pm IST, Indigo Paints Ltd share price is ₹710.80. The INDIGOPNTS stock has a market capitalisation of ₹6.13K (Cr) on NSE/BSE.
Is INDIGOPNTS share price Overvalued or Undervalued?
INDIGOPNTS share price is currently trading at a P/E ratio of 42.21x, compared to the industry average of 40.32x. Based on this relative valuation, the Indigo Paints Ltd stock appears to be Overvalued against its sector peers.
What is the 52-week high and low of INDIGOPNTS share price?
The 52-week high of INDIGOPNTS share price is ₹1345.90 and the 52-week low is ₹711.00. These values are updated daily from NSE/BSE price data.
What factors affect the Indigo Paints Ltd share price?
Key factors influencing INDIGOPNTS share price include quarterly earnings growth (Sales Growth: 3.45%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Indigo Paints Ltd a good stock for long-term investment?
Indigo Paints Ltd shows a 5-year Profit Growth of 24.67% and an ROE of 14.65%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.02 before investing in INDIGOPNTS shares.
How does Indigo Paints Ltd compare with its industry peers?
Indigo Paints Ltd competes with major peers in the Paints. Investors should compare INDIGOPNTS share price P/E of 42.21x and ROE of 14.65% against the industry averages to determine competitive standing.
What is the P/E ratio of INDIGOPNTS and what does it mean?
INDIGOPNTS share price has a P/E ratio of 42.21x compared to the industry average of 40.32x. Investors pay ₹42 for every ₹1 of annual earnings.
How is INDIGOPNTS performing according to Bull Run's analysis?
INDIGOPNTS has a Bull Run fundamental score of 58.9/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does INDIGOPNTS belong to?
INDIGOPNTS operates in the Paints industry. This classification helps understand the competitive landscape and sector-specific trends affecting Indigo Paints Ltd share price.
What is Return on Equity (ROE) and why is it important for INDIGOPNTS?
INDIGOPNTS has an ROE of 14.65%, which shows decent profitability but room for improvement. ROE measures how efficiently Indigo Paints Ltd generates profits from shareholders capital.
How is INDIGOPNTS debt-to-equity ratio and what does it indicate?
INDIGOPNTS has a debt-to-equity ratio of 0.02, which indicates conservative financing with low financial risk.
What is INDIGOPNTS dividend yield and is it a good dividend stock?
INDIGOPNTS offers a dividend yield of 0.27%, meaning you receive ₹0.27 annual dividend for every ₹100 invested in Indigo Paints Ltd shares.
How has INDIGOPNTS share price grown over the past 5 years?
INDIGOPNTS has achieved 5-year growth rates of: Sales Growth 15.37%, Profit Growth 24.67%, and EPS Growth 12.91%.
What is the promoter holding in INDIGOPNTS and why does it matter?
Promoters hold 53.88% of INDIGOPNTS shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Indigo Paints Ltd.
What is INDIGOPNTS market capitalisation category?
INDIGOPNTS has a market capitalisation of ₹6132 crores, placing it in the Mid-cap category.
How volatile is INDIGOPNTS stock?
INDIGOPNTS has a beta of N/A. A beta > 1 suggests the Indigo Paints Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is INDIGOPNTS operating profit margin trend?
INDIGOPNTS has a 5-year average Operating Profit Margin (OPM) of 17.28%, indicating the company's operational efficiency.
How is INDIGOPNTS quarterly performance?
Recent quarterly performance shows Indigo Paints Ltd YoY Sales Growth of 3.45% and YoY Profit Growth of 5.85%.
What is the institutional holding pattern in INDIGOPNTS?
INDIGOPNTS has FII holding of 11.81% and DII holding of 19.68%. Significant institutional holding often suggests professional confidence in the Indigo Paints Ltd stock.