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INVESTMENT INSIGHTS

Check Before You Invest : Indigo Paints Ltd

BSE: 543258 NSE: INDIGOPNTS ISIN: INE09VQ01012
  |   Sector:  Chemicals & Fertilizers   |   Industry:  Paints

Snapshot

Q.1 Which industry/sub-sector does Indigo Paints Ltd belong to?
Indigo Paints Ltd belongs to the Chemicals & Fertilizers sector, operating specifically within the Paints segment.
Q.2 Is Indigo Paints Ltd a good quality company?
Indigo Paints Ltd is a good quality company, based on a consistently good 10 year financial track record.
Q.3 Is Indigo Paints Ltd undervalued or overvalued?
Indigo Paints Ltd appears Undervalued, as its key valuation ratios are below with their past averages.
Q.4 Is Indigo Paints Ltd a good buy now?
Indigo Paints Ltd is a neutral opportunity now, based on stable price trend analysis suggesting prices may move sideways. However, you need to check its quality and valuation before making a decision

Performance Analysis

Q.1 Revenue growth of Indigo Paints Ltd?
Indigo Paints Ltd revenue growth is 1.8% for FY-2025 , which is below its 5 year CAGR of 15.4% , indicating slower growth.
Q.2 Gross Profit margin of Indigo Paints Ltd?
Indigo Paints Ltd Gross profit margin which is the profit after deduction of direct costs, is 15.5% for FY-2025 , which is above its 5 year median of 15.1% , indicating increasing margins.
Q.3 Operating Profit Margin of Indigo Paints Ltd?
Indigo Paints Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 18.13% for FY-2025 , which is above its 5 year median of 16.94% indicating increasing margins.
Q.4 Net Profit Margin of Indigo Paints Ltd?
Indigo Paints Ltd Net Profit Margin is 11.27% for FY-2025 , is in line with with its 5 year median of 11.27%, indicating stable margins.
Current Level Historic Median
Gross Profit Margin 15.5 15.1
Operating Profit Margin 18.13 16.94
Net Profit Margin 11.27 11.27
Q.5 Return on Asset of Indigo Paints Ltd?
Indigo Paints Ltd Return on Asset is 11.16%, which is below its 5 year historical median of 11.49%, indicating deteriorated asset utilization efficiency.
Q.6 Return on Equity (ROE) of Indigo Paints Ltd?
Indigo Paints Ltd Return on equity is 14.89% for FY-2025 , which is below its historical median of 17.82%, indicating the business is making worse use of its shareholders capital.
Q.7 Return on capital employed (ROCE) of Indigo Paints Ltd?
Indigo Paints Ltd Return on capital employed is 19.89% for FY-2025 , which is above its estimated weighted average cost of capital(WACC) 14%, indicating value creation.
Q.8 Cash conversion cycle of Indigo Paints Ltd?
Indigo Paints Ltd Cash conversion cycle is 19 days, above its historical median of 7 days, indicating deteriorated working capital management. However, you need to compare this with its peers in the industry.
Current Level Historic Median
Asset Turnover 1.23 1.27
ROE 14.89 17.82
ROCE 19.89 22.06
Cash Conversion Cycle 19 days 7 days
Q.9 Debt to Equity ratio of Indigo Paints Ltd?
Indigo Paints Ltd Debt-to-Equity ratio is 0.00 , which is in line with the industry average of 0 , indicating similar to debt levels in the industry.
Q.10 Debt to cash flow from operations of Indigo Paints Ltd?
Indigo Paints Ltd Debt to cash flow from operations is 0 , which is at a healthy level.

Ownership & governance

Q.1 Promoter shareholding and pledge status of Indigo Paints Ltd?
Promoters hold 53.88% of the Indigo Paints Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

Q.1 Revenue growth of Indigo Paints Ltd vs industry peers?
Indigo Paints Ltd revenue CAGR is 15.37% , compared to the industry median CAGR of 11.74% , indicating faster growth and gaining its market share.
Profit Metrics
Current Level Industry Median
Revenue 1,277.2 1,073.3
Gross Profit 197.9 162
Operating Profit 232 182
Net Profit 144 132
Operating Efficiency
Current Level Industry Median
Asset Turnover 1.23 0.89
ROE 14.89 13.49
ROCE 19.89 18.35
Cash Conversion Cycle (days) 18.81 53

Valuation & price assessment

Q.1 Stock return of Indigo Paints Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of -18.38% based on the current price.
Q.2 What return has the stock given over the last decade?
9Y 5Y 3Y 1Y
Share Price - -18.4% -7.9% -17.8%
Q.3 Valuation ratios of Indigo Paints Ltd vs historical?
The current P/E is lower that its historical median.
Q.4 How do the current valuation ratios measure up against the historic numbers and the current industry numbers?
Valuation Ratios Current Historic Median Industry Median
Price to Earnings 27.53 46.52 38.51
Price to Book 3.55 7.60 8.06
Price to Sales 3.07 5.29 5.74
EV to EBITDA 15.4 31.05 32.60

Check more companies

1. Kansai Nerolac Paint
2. JSW Dulux
3. Indigo Paints
4. Shalimar Paints
5. Retina Paints
6. Mysore Paint&Varnish
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