Indigo Paints Ltd.

NSE: INDIGOPNTS | BSE: 543258

Expensive Performer

Download real time

1079.45 22.50 (2.13%)

37.25% Fall from 52W High

184.7K NSE+BSE Volume

NSE 30 May, 2025 3:31 PM (IST)

3

Broker 1Year buys

3 active buys

0

Broker 1Year sells

0 active sells

2

Broker 1Year neutral

2 active holds

Indigo Paints Ltd. share price target

Indigo Paints Ltd. has an average share price target of 1575.60. The consensus estimate represents an upside of 45.96% from the last price of 1079.45. View 12 reports from 5 analysts offering long-term price targets for Indigo Paints Ltd..

Reco - This broker has downgraded this stock from it's previous report.
(eg. - Buy->Hold)

Target - Broker has maintained previous recommendation but reduced share price target.

Reco - This broker has upgraded this stock from it's previous report.
(eg. - Sell->Hold)

Target - Broker has maintained previous recommendation but increased share price target.

Click on any table column to sort reports by date, stock name, broker, price, target, upside or recommendation.

Summary	Date	Stock	Author	LTP	Target	Price at reco (Change since reco%)	Upside(%)	Type	Report		Discuss
	31 May 2025	Indigo Paints	Consensus Share Price Target	1079.45	1285.63	-	19.10	buy	pdf Detailed Estimates
	28 May 2025	Indigo Paints	Keynote Capitals Ltd Target	1079.45	1180.00	1062.65 (1.58%)	9.31	Neutral	pdf post cache		Broker Report Indigo Paints Ltd. Keynote Capitals Ltd Quarterly Update Q4FY25 pdf Copy Link Share on Share on Share on Share on Alert
	26 May 2025	Indigo Paints	Motilal Oswal Target	1079.45	1350.00	1045.45 (3.25%)	25.06	Buy	pdf post cache		Broker Report Growth pressure persists; demand green shoots visible Motilal Oswal Indigo Paints (INDIGOPN)’s standalone sales were flat YoY in 4QFY25 due to consistent demand headwinds. The paint industry saw a 1% YoY decline in 4Q. Apple Chemie (subsidiary) sales grew 8% YoY. Consolidated sales inched up 1% YoY to INR3.9b (in line). pdf Copy Link Share on Share on Share on Share on Alert
	14 Feb 2025	Indigo Paints	Keynote Capitals Ltd Target	1079.45	1139.00	1085.75 (-0.58%)	5.52	Neutral	pdf post cache		Broker Report Indigo Paints Ltd. Keynote Capitals Ltd Quarterly Update Q3FY25 pdf Copy Link Share on Share on Share on Share on Alert
	10 Feb 2025	Indigo Paints	Motilal Oswal Target	1079.45	1500.00	1241.40 (-13.05%)	38.96	Buy	pdf post cache		Broker Report Miss on revenue; demand pick up a key monitorable Motilal Oswal Indigo Paints (INDIGOPN)’s standalone sales declined 4% YoY in 3QFY25 due to consistent pressure on demand. The paint industry dipped 4% YoY in 3Q. Apple Chemie (subsidiary) clocked a robust sales growth of 21% YoY. pdf Copy Link Share on Share on Share on Share on Alert
	13 Nov 2024	Indigo Paints	Asit C Mehta Investment Interrmediates	1079.45	1710.00	1500.40 (-28.06%)	58.41	Hold	pdf post cache		Broker Report Muted industry dynamics led to lower growth for H1, while relative outperformance continued Asit C Mehta Investment Interrmediates Indigo Paints reported revenue of Rs 2,995 mn in the quarter, a growth of 7.4% YoY, but a decline of 3.7% QoQ. pdf Copy Link Share on Share on Share on Share on Alert
	12 Nov 2024	Indigo Paints	Keynote Capitals Ltd Target	1079.45	1552.00	1499.10 (-27.99%)	43.78	Neutral	pdf post cache		Broker Report Indigo Paints Ltd. Keynote Capitals Ltd Quarterly Update Q2FY25 pdf Copy Link Share on Share on Share on Share on Alert
	09 Nov 2024	Indigo Paints	Motilal Oswal Target	1079.45	1750.00	1534.45 (-29.65%)	62.12	Buy	pdf post cache		Broker Report In-line revenue; watchful for demand pickup in 2HFY25 Motilal Oswal Indigo Paints’ (INDIGOPN) standalone sales growth stood at 7% YoY in 2QFY25 (6% in 1QFY25, 18% in FY24) due to subdued industry demand (1% down in 1HFY25). pdf Copy Link Share on Share on Share on Share on Alert
	25 Oct 2024	Indigo Paints	FundsIndia	1079.45	1888.00	1642.95 (-34.30%)	74.90	Buy	pdf post cache		Broker Report INDIGO PAINTS LIMITED FundsIndia pdf Copy Link Share on Share on Share on Share on Alert
	12 Aug 2024	Indigo Paints	Keynote Capitals Ltd Reco Target	1079.45	1457.00	1432.65 (-24.65%)	Target met	Neutral	pdf post cache		Broker Report Indigo Paints Limited Keynote Capitals Ltd Quarterly Update Q1FY25 pdf Copy Link Share on Share on Share on Share on Alert
	07 Aug 2024	Indigo Paints	Sharekhan Target	1079.45	1750.00	1478.20 (-26.98%)	62.12	Buy	pdf post cache		Broker Report Weak Q1; focus on market share gains ahead Sharekhan Indigo Paints Limited’s (IPL’s) Q1FY2025 numbers were weak as margins lagged expectations. OPM fell by ~180 bps y-o-y to 15.2%, while PAT declined by 15% y-o-y. Consolidated revenue grew by 7.8%. pdf Copy Link Share on Share on Share on Share on Alert
	07 Aug 2024	Indigo Paints	Motilal Oswal Target	1079.45	1700.00	1478.20 (-26.98%)	Target met	Buy	pdf post cache		Broker Report Weak performance; watchful for industry trends Motilal Oswal INDIGOPN’s standalone sales growth decelerated to 6% YoY (from 12% in 4QFY24 and 18% in FY24) due to subdued industry sales (down 2% YoY) and demand weakness in Kerala. pdf Copy Link Share on Share on Share on Share on Alert
	04 Jul 2024	Indigo Paints	Keynote Capitals Ltd	1079.45	1594.00	1380.70 (-21.82%)	Target met	Buy	pdf post cache		Broker Report Indigo Paints Limited Keynote Capitals Ltd Initiating Coverage Report pdf Copy Link Share on Share on Share on Share on Alert
	23 May 2024	Indigo Paints	Motilal Oswal Target	1079.45	1600.00	1386.90 (-22.17%)	Target met	Buy	pdf post cache		Broker Report Slow organic growth; FY24 print better than peers’ Motilal Oswal Indigo Paints (INDIGOPN) delivered consolidated sales growth of 18% YoY to INR3.8b (est. INR3.9b). Standalone sales growth decelerated to 12.5% YoY in 4QFY24 vs. 19% in 9MFY24. Apple Chemie clocked 24% YoY growth in FY24 to INR517mn (since acquisition in 1QFY24) and supported consolidated growth pdf Copy Link Share on Share on Share on Share on Alert
	23 May 2024	Indigo Paints	ICICI Securities Limited Reco Target	1079.45	1380.00	1386.90 (-22.17%)	Target met	Hold	pdf post cache		Broker Report Impressive market share gains as Strategy 2.0 execution in full flow ICICI Securities Limited Indigo’s strategy 2.0 has continued to yield strong results with market share gains for straight fourth quarter. pdf Copy Link Share on Share on Share on Share on Alert
	06 Nov 2023	Indigo Paints	Sharekhan	1079.45	1850.00	1467.95 (-26.47%)		Buy	pdf post cache		Broker Report Indigo Paints Sharekhan pdf Copy Link Share on Share on Share on Share on Alert
	06 Nov 2023	Indigo Paints	Motilal Oswal Target	1079.45	1770.00	1421.05 (-24.04%)		Buy	pdf post cache		Broker Report Below our estimates, but better than peer trends resume Motilal Oswal pdf Copy Link Share on Share on Share on Share on Alert
	06 Nov 2023	Indigo Paints	ICICI Securities Limited Target	1079.45	1375.00	1464.10 (-26.27%)	Target met	Sell	pdf post cache		Broker Report Geographical expansion and good execution driving market share gains ICICI Securities Limited Indigo’s strategy 2.0 is resulting in industry-leading revenue growth and market share gains. While we are enthused by Indigo’s strong volume-led revenue growth across segments, we believe steep increase in tinting machines (18.1%YoY) is also one of the chief reasons for growth. pdf Copy Link Share on Share on Share on Share on Alert
	08 Aug 2023	Indigo Paints	ICICI Securities Limited Target	1079.45	1500.00	1597.15 (-32.41%)	Target met	Sell	pdf post cache		Broker Report Great execution prowess ICICI Securities Limited Indigo has been investing in strategy 2.0 (focus on 750 non-metro towns and higher investments in distribution and influencers) since Q1FY23. Benefits are visible now with >3x industry growth in Q1FY24 and likely market share gains across segments. pdf Copy Link Share on Share on Share on Share on Alert
	08 Aug 2023	Indigo Paints	Sharekhan Target	1079.45	1850.00	1544.85 (-30.13%)		Buy	pdf post cache		Broker Report Indigo Paints Sharekhan pdf Copy Link Share on Share on Share on Share on Alert
	29 May 2023	Indigo Paints	Sharekhan Target	1079.45	1700.00	1456.25 (-25.87%)		Buy	pdf post cache		Broker Report Indigo Paints Sharekhan pdf Copy Link Share on Share on Share on Share on Alert
more loading

* Please note that subscribers can download a maximum of 300 reports a month and 70 reports everyday.

Advisor Screeners