Indigo Paints Limited manufactures decorative paints, emulsions, enamels, primers, waterproofing products, and specialty coatings. The company differentiates itself through innovative products and expanding distribution. Rising paint consumption supports long-term demand. Brand investments improve market share. Product innovation remains a key competitive advantage.
| Market cap | Sales (TTM) | Net profit (TTM) | P/E | EPS (TTM) | P/B | ROE | ROE previous year | ROCE | Debt / equity | Free cash flow | EV / EBITDA | Beta |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹4,953 cr | ₹1,466 cr | ₹163 cr | 30.8 | 33.76 | 4.29 | 13.5% | 14.7% | 18.4% | 0.00 | ₹88 cr | 18.9 | 1.23 |
| Quarter | Sales ₹ cr | Net profit ₹ cr | EPS | EPS YoY | Sales YoY | Net margin |
|---|---|---|---|---|---|---|
| Jun 2026 | 370 | 42 | 8.76 | +61.0% | +19.7% | 11.3% |
| Mar 2026 | 425 | 59 | 12.10 | +1.3% | +9.7% | 13.9% |
| Dec 2025 | 359 | 37 | 7.63 | +0.9% | +4.7% | 10.3% |
| Sep 2025 | 312 | 25 | 5.27 | +10.7% | +4.2% | 8.1% |
| Jun 2025 | 309 | 26 | 5.44 | -1.1% | -0.7% | 8.4% |
| Mar 2025 | 388 | 57 | 11.94 | +5.9% | +0.7% | 14.8% |
| Dec 2024 | 343 | 36 | 7.56 | -3.3% | -3.1% | 10.5% |
| Sep 2024 | 300 | 22 | 4.76 | -10.7% | +7.3% | 7.4% |
| Check | Result |
|---|---|
| Latest quarter EPS up 25%+ on a year ago | ✓ Pass |
| EPS growth accelerating over 3 quarters | ✓ Pass |
| Sales up 25%+, or sales growth accelerating | ✓ Pass |
| Annual EPS up 25%+ in each of the last 2 years | ✗ Fail |
| Net margin above the same quarter last year | ✓ Pass |
| Method | Checks | Score | Verdict |
|---|---|---|---|
| Minervini | ✓ Close above the 150- and 200-day averages ✗ 150-day above 200-day ✗ 200-day rising for a month ✓ 50-day above the 150- and 200-day ✗ Close above the 50-day ✓ At least 25% above the 52-week low · low 710.80 ✓ Within 25% of the 52-week high · high 1,326.00 ✗ RS percentile 70 or more · RS 62 Trend template - the gate, measured: a modest 21-day edge. | 4/8 | 4 of 8 |
| Weinstein | Stan Weinstein's stage analysis on the 30-week moving average. | Stage 2 - advancing | |
| CAN SLIM | ✓ C latest quarter EPS up 25%+ ✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held ✗ N within 15% of the 52-week high · high 1,326.00 ✓ S more volume on up days than down days (50 sessions) · 2.51x ✗ L RS percentile 80 or more · RS 62 — I institutional sponsorship rising · shareholding not collected yet ✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45% William O'Neil's growth-leader checklist. | 3/6 | Average |
| Darvas | ✗ New 52-week high in the last 120 sessions Darvas needs a new 52-week high to start a box. | 10/100 | No box |
| Turtle | ✗ Close above the prior 55-session high · 1,220.90 ✗ Close above the prior 20-session high · 1,149.90 ✗ Close below the prior 20-session low · 1,003.80 Donchian channel breakout - the Turtle traders' entry. | No signal | |
| Greenblatt | — Earnings yield (EBITDA / EV) · 5.3% — Return on capital (ROCE) · 18.4% Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately. | 55/100 | Average |
| Graham | ✗ Price at or below the Graham number · Graham number 428.89 ✗ P/E 15 or less · P/E 30.8 ✗ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 4.29 ✓ Current ratio 2 or more · 2.05 — 10 years of positive earnings, 20 of dividends · history not held Benjamin Graham's defensive-investor tests. | 41/100 | Expensive |
| Piotroski | ✓ Profitable (ROA > 0) ✓ Operating cash flow positive ✗ ROA rising ✓ Cash flow above net profit (earnings quality) ✓ Long-term debt / assets falling ✗ Current ratio rising · 2.05 ✓ No new shares issued ✗ Margin rising (net margin) ✗ Asset turnover rising Joseph Piotroski's F-score, FY 2025 -> 2026. | 5/9 | Average |
| Stock | 1M % | 3M % | 6M % | 1Y % | 3Y % | 5Y % | P/E | P/B | ROE % | ROCE % | ROA % | D/E | EV/EBITDA | ₹ Cr | Sales TTM ₹ Cr | Profit TTM ₹ Cr | EPS | Beta |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| INDIGOPNTS this stock | -5.5 | -3.6 | +24.3 | +1.0 | -28.9 | -58.0 | 30.8 | 4.29 | 13.5 | 18.4 | — | 0.00 | 18.9 | 4,953 | 1,466 | 163 | 33.8 | 1.23 |
| SHALPAINTS | +1.0 | +39.0 | +51.5 | +1.8 | -57.0 | -13.1 | — | 2.72 | -22.9 | -9.2 | — | 0.63 | — | 684 | 559 | -69 | -8.3 | 1.71 |
| ASIANPAINT | -4.9 | -13.4 | -7.4 | -7.1 | -24.9 | -26.8 | 46.9 | 10.46 | 21.2 | 26.7 | — | 0.11 | 31.0 | 2.24L | 37,187 | 4,837 | 49.7 | 1.00 |
| SIRCA | +7.1 | +10.7 | -1.9 | -11.9 | +15.6 | +114.8 | 36.4 | 5.20 | 15.8 | 21.5 | — | 0.07 | 23.4 | 2,470 | 508 | 67 | 11.9 | 1.02 |
| BERGEPAINT | +2.5 | -4.2 | -2.9 | -13.8 | -18.4 | -31.5 | 45.0 | 7.92 | 17.2 | 20.8 | — | 0.09 | 29.5 | 54,802 | 12,263 | 1,218 | 10.4 | 0.71 |
| KANSAINER | -1.4 | -9.8 | -11.1 | -28.4 | -43.7 | -52.7 | 24.5 | 2.19 | 9.5 | — | — | 0.01 | 14.1 | 14,675 | 8,264 | 589 | 7.4 | 1.00 |