Indigo Paints Limited (INDIGOPNTS) Fair Value & Analysis
Basic Materials · IN · Market cap ₹51.4B
Fair value as of: Jul 3, 2026
From 26 valuation models · updated yesterday
Share price +10.5% over the past month.
Price vs Fair Value (12 months)
12‑month range ₹718.27 – ₹1,340 · fair‑value band ₹335.78 – ₹828.48 · the ₹1,077 price screens above the ₹517.30 fair value. As of Jul 3, 2026.
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Indigo Paints Limited (INDIGOPNTS) currently trades at ₹1,077, while our model-based Fair Value estimate is ₹517.30 — implying the stock looks roughly 52.0% overvalued today. We read business quality at 55/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).
Over the trailing twelve months, Indigo Paints Limited generated revenue of ₹14.1B at a net margin of 10.3%. Revenue grew 9.7% year over year. It earns a return on equity of 13.5%. The balance sheet holds a net cash position of ₹110M. Fundamentals as of Jul 3, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.
About the company
Indigo Paints Limited manufactures and sells decorative paints in India and internationally. The company offers interior and exterior emulsions, enamels, putties and primers, and sleek wood coatings, as well as other products, including leakproof emulsions; aluminium paints, stone and tiles paints, roof paints, stainers, interior lustre finish under the Indigo brand. The company was incorporated in 2000 and is headquartered in Pune, India.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Indigo Paints Limited reported revenue of ₹14.1B in FY2026 versus ₹9.0B in FY2022, a compound +11.7%/yr. Reported net income was ₹1.5B in FY2026, compounding +14.6%/yr from FY2022.
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.