Company Indigo Paints Limited Bombay S.E.

Equities

INDIGOPNTS

INE09VQ01012

Commodity Chemicals

Market Closed - Bombay S.E. 06:11:09 2024-04-29 am EDT 5-day change 1st Jan Change
1,370 INR +3.37% Intraday chart for Indigo Paints Limited +3.54% -7.95%

Business Summary

Indigo Paints Limited is a paint manufacturing company. The Company is engaged in the manufacture and sale of decorative paints and operates its manufacturing facilities in Jodhpur (Rajasthan), Kochi (Kerala) and Pudukkottai (Tamil Nadu). Its product offerings include emulsions, enamels, water proofing solutions, wood coatings, primers and putties, and other products. It manufactures category-creator products, including metallic coat emulsions, tile coat emulsions, bright ceiling coat emulsion and floor coat emulsions in India. It offers various other types of emulsion paints, such as the dirtproof and waterproof exterior laminate, exterior and interior acrylic laminate, and enamels, such as polyurethane (PU) super gloss enamel. It offers wood paint and offers a range of options for painting wooden surfaces. It also offers aluminum paints to paint surfaces of storage tanks, metal pipes, and metal roofs. The Company's products are sold under only one brand name, Indigo.

Number of employees: 848

Sales per Business

INR in Million2022Weight2023Weight Delta
Paints
99.5 %
9,013 99.5 % 10,683 99.5 % +18.54%
Amortisation of Deferred Revenue
0.3 %
25 0.3 % 29 0.3 % +14.36%
Scrap
0.2 %
22 0.2 % 21 0.2 % -2.62%

Sales per region

INR in Million2022Weight2023Weight Delta
India
99.7 %
9,040 99.8 % 10,701 99.7 % +18.38%
International
0.3 %
20 0.2 % 32 0.3 % +62.21%

Managers

Managers TitleAgeSince
Chief Executive Officer 66 00-03-27
Director of Finance/CFO - 01-09-09
Compliance Officer - 23-06-28
Chief Operating Officer - 17-04-18
Investor Relations Contact - 19-08-18
Sales & Marketing - -
Corporate Officer/Principal - 17-04-18
Corporate Officer/Principal - 17-04-18
Corporate Officer/Principal - 02-12-18
Corporate Officer/Principal - 00-03-27

Members of the board

Members of the board TitleAgeSince
Director/Board Member 56 14-11-12
Director/Board Member 64 19-03-27
Director/Board Member 66 14-11-12
Chief Executive Officer 66 00-03-27
Director/Board Member 63 00-03-27
Director/Board Member 75 16-02-23
Director/Board Member 45 18-10-09
Director/Board Member - 23-05-25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 47,620,987 21,039,772 ( 44.18 %) 0 44.18 %

Shareholders

NameEquities%Valuation
Peak XV Partners
25.23 %
12,013,635 25.23 % 181 M ₹
8,567,500 17.99 % 129 M ₹
6,987,500 14.67 % 105 M ₹
Halogen Chemicals Pvt Ltd.
10.41 %
4,958,070 10.41 % 75 M ₹
3,548,545 7.452 % 53 M ₹
1,625,000 3.412 % 24 M ₹
Capital Research & Management Co. (World Investors)
2.550 %
1,214,500 2.550 % 18 M ₹
White Oak Capital Partners Pte Ltd.
1.858 %
884,600 1.858 % 13 M ₹
Abu Dhabi Investment Authority (Investment Management)
1.400 %
666,642 1.400 % 10 M ₹
Nomura Asset Management Singapore Ltd.
0.8614 %
410,199 0.8614 % 6 M ₹

Company contact information

Indigo Paints Ltd.

Indigo Tower Street 5, Pallod Farm 2

411045, Pune

+91 20 6681 4300

http://www.indigopaints.com
address Indigo Paints Limited(INDIGOPNTS)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
1,372 INR
Average target price
1,619 INR
Spread / Average Target
+18.05%
Consensus