Indigo Paints

Market Cap: Small Cap
Industry: Paints
ISIN: INE09VQ01012
NSEID: INDIGOPNTS
BSEID: 543258

INR

987.30

6.3 (0.64%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 38.24 k

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Berger Paints

Kansai Nerolac

Akzo Nobel

Indigo Paints

Asian Paints

Sirca Paints

Kamdhenu Venture

Hardcast.& Waud

Shalimar Paints

Retina Paints

MCON Rasayan

Why is Indigo Paints Ltd ?

Poor long term growth as Operating profit has grown by an annual rate 12.81% of over the last 5 years

Flat results in Dec 24

Stock is technically in a Bearish range

The technical trend has deteriorated from Mildly Bearish on 07-Feb-25 and has generated -21.82% returns since then
Multiple factors for the stock are Bearish like MACD, KST, DOW and OBV

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -26.27% returns in the last 1 year, the stock has also underperformed BSE 500 in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Paints)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Indigo Paints for you?

Medium Risk, Low Return

Absolute

Risk Adjusted

Volatility

Indigo Paints

-26.25%

-0.86

30.72%

SENSEX

0.45%

0.03

14.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

15.52%

EBIT Growth (5y)

12.81%

EBIT to Interest (avg)

79.10

Debt to EBITDA (avg)

0.14

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

1.38

Tax Ratio

24.35%

Dividend Payout Ratio

11.21%

Pledged Shares

Institutional Holding

29.56%

ROCE (avg)

27.92%

ROE (avg)

14.90%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

4.98

EV to EBIT

26.47

EV to EBITDA

19.48

EV to Capital Employed

5.93

EV to Sales

3.36

PEG Ratio

Dividend Yield

0.36%

ROCE (Latest)

23.07%

ROE (Latest)

14.90%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

Bullish

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Bearish

OBV

Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

3What is working for the Company

DEBTORS TURNOVER RATIO(HY)

Highest at 6.95 times

0What is not working for the Company

NO KEY NEGATIVE TRIGGERS

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Here's what is working for Indigo Paints

Debtors Turnover Ratio- Half Yearly

Highest at 6.95 times

in the last five half yearly periods

MOJO Watch

Company has been able to settle its Debtors faster

Debtors Turnover Ratio