Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Specialty Chemicals

Indigo Paints Limited engages in the manufacture and sale of decorative paints in India and internationally. It 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, and stainers under the Indigo brand. The company was incorporated in 2000 and is headquartered in Pune, India.

Revenue projections:

Revenue projections for INDIGOPNTS
Revenue projections for INDIGOPNTS

With INDIGOPNTS's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

Financial Ratios:

currentRatio 2.372000
forwardPE 31.703318
debtToEquity 2.646000
earningsGrowth 0.059000
revenueGrowth 0.007000
grossMargins 0.460220
operatingMargins 0.191420
trailingEps 29.640000
forwardEps 0.000000

With a current ratio 2.372, INDIGOPNTS demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity.
INDIGOPNTS's negative gross and operating margins suggest that the company is struggling to cover its production and operating costs, leading to losses. This reflects a weakened financial state and potential difficulties in sustaining profitability.

Price projections:

Price projections for INDIGOPNTS
Price projections for INDIGOPNTS

Indigo Paints Limited's price has often been near the lower end of the projected range. This ongoing trend suggests that investor confidence might be waning, and the stock could face challenges in gaining upward momentum.

Insider Transactions:

Insider Transactions for INDIGOPNTS
Insider Transactions for INDIGOPNTS


INDIGOPNTS had 1 buy transactions, with market price at 1074.25 per share.During the period under consideration, no buy transactions took place.With more selling than buying at INDIGOPNTS's current price levels, there is a risk of further price decline. If this trend continues, it may suggest investor pessimism, leading to a continued downward trajectory for the stock.

Recommendation changes over time:

Recommendations trend for INDIGOPNTS
Recommendations trend for INDIGOPNTS


A recent buy bias from analysts toward Indigo Paints Limited may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that Indigo Paints Limited might be an appealing option for those looking to grow their wealth through stock market investments.