ScoreWhy is Indigo Paints Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0 times
2
Poor long term growth as Net Sales has grown by an annual rate of 7.27% and Operating profit at 3.86% over the last 5 years
3
Flat results in Sep 25
- PBT LESS OI(Q) At Rs 30.78 cr has Fallen at -27.0% (vs previous 4Q average)
- NET SALES(Q) At Rs 312.06 cr has Fallen at -6.7% (vs previous 4Q average)
4
With ROE of 13.5, it has a Attractive valuation with a 5.8 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -9.54%, its profits have risen by 3% ; the PEG ratio of the company is 14.8
5
High Institutional Holdings at 31.48%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
6
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -9.54% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Indigo Paints should be less than 10%
- Overall Portfolio exposure to Paints should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Paints)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Indigo Paints for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Indigo Paints
-1.08%
-0.29
32.73%
Sensex
-1.65%
0.44
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
9.39%
EBIT Growth (5y)
9.79%
EBIT to Interest (avg)
77.74
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.27
Sales to Capital Employed (avg)
1.33
Tax Ratio
25.63%
Dividend Payout Ratio
11.76%
Pledged Shares
0
Institutional Holding
30.97%
ROCE (avg)
23.46%
ROE (avg)
14.35%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
36
Industry P/E
49
Price to Book Value
4.73
EV to EBIT
26.47
EV to EBITDA
20.21
EV to Capital Employed
6.11
EV to Sales
3.67
PEG Ratio
6.88
Dividend Yield
0.31%
ROCE (Latest)
23.07%
ROE (Latest)
12.96%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend11What is working for the Company
NET SALES(Q)
Highest at Rs 425.32 cr
PBDIT(Q)
Highest at Rs 95.59 cr.
PBT LESS OI(Q)
Highest at Rs 79.32 cr.
PAT(Q)
Highest at Rs 57.67 cr.
EPS(Q)
Highest at Rs 12.10
-1What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Indigo Paints
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 79.32 cr has Grown at 71.6% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 46.24 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 57.67 cr has Grown at 55.0% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 37.21 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 425.32 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 425.32 cr has Grown at 24.4% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 341.82 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 95.59 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 79.32 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 57.67 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 12.10
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
