Risk factor
Resilient to price shocks
Profitability factor
Strong margins and returns
About
Indigo Paints Limited specializes in the development, manufacturing, and distribution of decorative paint products. The company serves a broad customer base, both within India and across international markets. Its comprehensive product line features a diverse range of decorative solutions, including interior and exterior emulsions, enamels, wall putties, primers, and premium wood finishes. Furthermore, Indigo Paints offers a variety of specialized items, such as water-resistant emulsions, aluminium paints, coatings for stone and tiles, roof paints, and various tinting solutions. The company was founded in 2000 and operates primarily from its headquarters located in Pune, India.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'expensive' on EV/EBI
Target Price
The average target price of INDIGOPNTS.NS is 1215 and suggests 19.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendatio