Indigo Paints Limited

NSEI:INDIGOPNTS Stock Report

Market Cap: ₹59.5b

Indigo Paints Balance Sheet Health

Financial Health criteria checks 6/6

Indigo Paints has a total shareholder equity of ₹9.4B and total debt of ₹57.7M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹12.9B and ₹3.5B respectively. Indigo Paints's EBIT is ₹1.7B making its interest coverage ratio 323.3. It has cash and short-term investments of ₹2.1B.

Key information

0.6%

Debt to equity ratio

₹57.72m

Debt

Interest coverage ratio323.3x
Cash₹2.07b
Equity₹9.38b
Total liabilities₹3.51b
Total assets₹12.89b

Recent financial health updates

Does Indigo Paints (NSE:INDIGOPNTS) Have A Healthy Balance Sheet?

Sep 06
Does Indigo Paints (NSE:INDIGOPNTS) Have A Healthy Balance Sheet?

Recent updates

Earnings Miss: Indigo Paints Limited Missed EPS By 12% And Analysts Are Revising Their Forecasts

Nov 10
Earnings Miss: Indigo Paints Limited Missed EPS By 12% And Analysts Are Revising Their Forecasts

Does Indigo Paints (NSE:INDIGOPNTS) Deserve A Spot On Your Watchlist?

Nov 09
Does Indigo Paints (NSE:INDIGOPNTS) Deserve A Spot On Your Watchlist?

Be Wary Of Indigo Paints (NSE:INDIGOPNTS) And Its Returns On Capital

Oct 17
Be Wary Of Indigo Paints (NSE:INDIGOPNTS) And Its Returns On Capital

Does Indigo Paints (NSE:INDIGOPNTS) Have A Healthy Balance Sheet?

Sep 06
Does Indigo Paints (NSE:INDIGOPNTS) Have A Healthy Balance Sheet?

Indigo Paints Limited Just Missed Earnings - But Analysts Have Updated Their Models

Aug 09
Indigo Paints Limited Just Missed Earnings - But Analysts Have Updated Their Models

Shareholders May Find It Hard To Justify Increasing Indigo Paints Limited's (NSE:INDIGOPNTS) CEO Compensation For Now

Aug 04
Shareholders May Find It Hard To Justify Increasing Indigo Paints Limited's (NSE:INDIGOPNTS) CEO Compensation For Now

Indigo Paints (NSE:INDIGOPNTS) Has Affirmed Its Dividend Of ₹3.50

Aug 01
Indigo Paints (NSE:INDIGOPNTS) Has Affirmed Its Dividend Of ₹3.50

Indigo Paints (NSE:INDIGOPNTS) Is Paying Out A Dividend Of ₹3.50

Jul 18
Indigo Paints (NSE:INDIGOPNTS) Is Paying Out A Dividend Of ₹3.50

Analysts Have Made A Financial Statement On Indigo Paints Limited's (NSE:INDIGOPNTS) Full-Year Report

May 25
Analysts Have Made A Financial Statement On Indigo Paints Limited's (NSE:INDIGOPNTS) Full-Year Report

Indigo Paints Limited's (NSE:INDIGOPNTS) Business Is Trailing The Market But Its Shares Aren't

Apr 04
Indigo Paints Limited's (NSE:INDIGOPNTS) Business Is Trailing The Market But Its Shares Aren't

We Ran A Stock Scan For Earnings Growth And Indigo Paints (NSE:INDIGOPNTS) Passed With Ease

Aug 01
We Ran A Stock Scan For Earnings Growth And Indigo Paints (NSE:INDIGOPNTS) Passed With Ease

Indigo Paints Limited (NSE:INDIGOPNTS) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Feb 15
Indigo Paints Limited (NSE:INDIGOPNTS) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Are Indigo Paints Limited (NSE:INDIGOPNTS) Investors Paying Above The Intrinsic Value?

Dec 12
Are Indigo Paints Limited (NSE:INDIGOPNTS) Investors Paying Above The Intrinsic Value?

We Think That There Are Some Issues For Indigo Paints (NSE:INDIGOPNTS) Beyond Its Promising Earnings

Nov 07
We Think That There Are Some Issues For Indigo Paints (NSE:INDIGOPNTS) Beyond Its Promising Earnings

Financial Position Analysis

Short Term Liabilities: INDIGOPNTS's short term assets (₹6.0B) exceed its short term liabilities (₹2.6B).

Long Term Liabilities: INDIGOPNTS's short term assets (₹6.0B) exceed its long term liabilities (₹876.0M).

Debt to Equity History and Analysis

Debt Level: INDIGOPNTS has more cash than its total debt.

Reducing Debt: INDIGOPNTS's debt to equity ratio has reduced from 32% to 0.6% over the past 5 years.

Debt Coverage: INDIGOPNTS's debt is well covered by operating cash flow (2811.2%).

Interest Coverage: INDIGOPNTS's interest payments on its debt are well covered by EBIT (323.3x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 18:12
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Indigo Paints Limited is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sachin BobadeDolat Capital Market Pvt. Ltd.
Gaurang KakkadHaitong International Research Limited
Manoj MenonICICI Securities Ltd.