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Indigo Paints Ltd (IN:INDIGOPNTS)
:INDIGOPNTS
India Market
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Indigo Paints Ltd (INDIGOPNTS) Price & Analysis

4 Followers

INDIGOPNTS Stock Chart & Stats

₹1046.65
₹25.00(2.38%)
At close: 4:00 PM EDT
₹1046.65
₹25.00(2.38%)

Bulls Say, Bears Say

Bulls Say
Very Low LeverageExceptionally low leverage, with debt-to-equity near 1–3% across periods, gives Indigo Paints substantial flexibility to fund growth and withstand operating volatility. Steady expansion in equity and assets without a meaningful debt increase also limits solvency and refinancing pressure.
Improving Cash GenerationOperating cash flow has remained positive and improved over time, providing support for earnings quality and internal funding. Although conversion is imperfect, the recent rebound in free cash flow through FY2024–FY2026 strengthens the company’s ability to reinvest without relying heavily on external capital.
Profitable ScaleRevenue has roughly doubled since 2021 while operating and net margins remain consistently solid. That combination indicates meaningful scale and a profitable core offering, giving the company a foundation to support dealer expansion, brand investment, and product development as it pursues further growth.
Bears Say
Recent Revenue SlowdownAfter roughly doubling since 2021, revenue growth became uneven, with a sharp slowdown in FY2025 and only modest growth in FY2026. A less consistent top line can reduce operating leverage, make capacity and channel investments less efficient, and challenge the durability of prior expansion.
Uneven Cash ConversionOperating cash flow covered only about 44–70% of net income in most years, while free cash flow was negative in FY2022 and FY2023 before rebounding. This uneven conversion can make internally generated funding less predictable and complicate sustained investment planning.
Margin And Earnings PressureNet income has not scaled as fast as revenue in the last two years, while gross margins have shown notable volatility after a FY2024 spike. This suggests cost pressure or mix normalization could limit margin durability and reduce the earnings benefit of future sales growth.

Indigo Paints Ltd News

INDIGOPNTS FAQ

What was Indigo Paints Ltd’s price range in the past 12 months?
Indigo Paints Ltd lowest stock price was ₹702.10 and its highest was ₹1345.00 in the past 12 months.
    What is Indigo Paints Ltd’s market cap?
    Indigo Paints Ltd’s market cap is ₹48.80B.
      When is Indigo Paints Ltd’s upcoming earnings report date?
      Indigo Paints Ltd’s upcoming earnings report date is Oct 30, 2026 which is in 18 days.
        How were Indigo Paints Ltd’s earnings last quarter?
        Indigo Paints Ltd released its earnings results on Aug 13, 2026. The company reported ₹8.8 earnings per share for the quarter, beating the consensus estimate of ₹5.65 by ₹3.15.
          Is Indigo Paints Ltd overvalued?
          According to Wall Street analysts Indigo Paints Ltd’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Indigo Paints Ltd pay dividends?
            Indigo Paints Ltd pays a Annually dividend of ₹5 which represents an annual dividend yield of 0.49%. See more information on Indigo Paints Ltd dividends here
              What is Indigo Paints Ltd’s EPS estimate?
              Indigo Paints Ltd’s EPS estimate is 5.7.
                How many shares outstanding does Indigo Paints Ltd have?
                Indigo Paints Ltd has 47,732,635 shares outstanding.
                  What happened to Indigo Paints Ltd’s price movement after its last earnings report?
                  Indigo Paints Ltd reported an EPS of ₹8.8 in its last earnings report, beating expectations of ₹5.65. Following the earnings report the stock price went up 0.708%.
                    Which hedge fund is a major shareholder of Indigo Paints Ltd?
                    Currently, no hedge funds are holding shares in IN:INDIGOPNTS
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Indigo Paints Ltd

                      Indigo Paints Limited specializes in the development, manufacturing, and distribution of decorative paint products. The company serves a broad customer base, both within India and across international markets. Its comprehensive product line features a diverse range of decorative solutions, including interior and exterior emulsions, enamels, wall putties, primers, and premium wood finishes. Furthermore, Indigo Paints offers a variety of specialized items, such as water-resistant emulsions, aluminium paints, coatings for stone and tiles, roof paints, and various tinting solutions. The company was founded in 2000 and operates primarily from its headquarters located in Pune, India.

                      Indigo Paints Ltd (INDIGOPNTS) Earnings & Revenues

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