Indigo Paints Ltd (INDIGOPNTS) — shareholding pattern, promoter holding, financials and share price
About Indigo Paints Ltd (INDIGOPNTS)
Indigo Paints Ltd operates in the Paints industry, within the Consumer Durables sector. It trades on the NSE as INDIGOPNTS and on the BSE under scrip code 543258. Its ISIN is INE09VQ01012.
Incorporated in 2000, Indigo Paints Ltd manufactures and sells decorative paints [1]
Indigo Paints is an India‑based manufacturer and seller of decorative paints, operating differentiated product lines including emulsions, enamels, wood coatings, putties and waterproofing, with manufacturing sites in Jodhpur, Kochi and Pudukkottai and a national distribution network of depots, dealers and tinting machines under the Indigo brand.
Indigo Paints sustained industry‑leading gross margins near 46–47% in Q3 FY26, maintaining a structural premium versus peers while reporting sequentially stronger profitability driven by premium product mix, disciplined A&P reduction and tighter cost management that lifted standalone EBITDA margin to 19.4% in Q3 FY26.
Listed peers in Paints: Kansai Nerolac Paints Ltd, JSW Dulux Ltd, Sirca Paints India Ltd, Shalimar Paints Ltd, Kamdhenu Ventures Ltd, Retina Paints Ltd.
Valuation & Returns
10 Jul 2026At ₹1,051.8 a share on 10 Jul 2026, Indigo Paints Ltd (INDIGOPNTS) was valued at a price-to-earnings ratio of 33.97x against an industry P/E of 50.62x and a price-to-book of 4.87x on a book value of ₹216.16 per share as of Mar 2025. Solomo computes return on equity of 14.32% and return on capital employed of 19.04% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 33.97x
- Industry P/E
- 50.62x
- P/B
- 4.87x
- EPS (TTM)
- ₹30.96
- Book value / share
- ₹216.16
- ROE
- 14.32%
- ROCE
- 19.04%
- ROA
- 10.47%
- Debt / equity
- 0.03x
- Dividend yield
- 0.33%
- EBITDA margin
- 18.62%
- 52-week range
- ₹702.1 – ₹1,345
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Indigo Paints Ltd (INDIGOPNTS) reported revenue of ₹1,405 crore, net profit of ₹148 crore and earnings per share of ₹30.43. That compares with revenue of ₹1,341 crore and net profit of ₹142 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹425 crore and net profit ₹59 crore (consolidated).
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Revenue (₹ cr) | 1,073 | 1,306 | 1,341 | 1,405 |
| Net profit (₹ cr) | 132 | 149 | 142 | 148 |
| EPS (₹) | 27.73 | 30.94 | 29.76 | 30.43 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 15.37% | 12.13% | 2.65% |
| Profit growth | 24.66% | 19.64% | -4.48% |
| Stock price CAGR | -16% | -11% | -11% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 53.88% of Indigo Paints Ltd (INDIGOPNTS) (unchanged from the previous quarter), foreign institutional investors (FII) hold 5.73% and domestic institutional investors (DII) hold 25.25%. Market capitalisation was ₹5,015 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2021.
Largest disclosed public shareholders in Jun 2026: Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund 8.65%, Hdfc Small Cap Fund 6.44%, Kotak Mahindra Trustee Co Ltd A/C Kotak Multicap Fund 3.33%, Dsp Flexi Cap Fund 2.76%, Whiteoak Capital Flexi Cap Fund 1.9%, Ashoka Whiteoak Icav - Ashoka Whiteoak India Opportunities Fund 1.54%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 53.88% | - | 5.73% | 25.25% | 46.12% |
| Mar 2026 | 53.88% | - | 7.41% | 23% | 46.12% |
| Dec 2025 | 53.88% | - | 11.21% | 21.13% | 46.12% |
| Sep 2025 | 53.88% | - | 11.8% | 19.68% | 46.12% |
| Jun 2025 | 53.92% | - | 11.7% | 19.29% | 46.08% |
| Mar 2025 | 53.92% | - | 12.41% | 16.74% | 46.08% |
| Dec 2024 | 53.92% | - | 12.5% | 17.06% | 46.08% |
| Sep 2024 | 53.92% | - | 12.31% | 16.13% | 46.08% |