Indigo Paints enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


4,824	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
332	332	263	200	132
—	—	0.1	0.1	—
1.9	1.9	6.4	3.1	—
4,494	—	—	—	—
−330	−330	−257	−197	—
₹942.57	—	—	—	—

1,155	1,155	1,037	905	—
0.2%	0.2%	0.6%	0.3%	—
0.00×	—	—	—	—

3.07×	—	—	—	—
16.49×	—	—	—	—
21.25×	—	—	—	—
51.28×	—	—	—	—
1,466	1,405	1,341	1,306	1,073
272	255	233	238	182
211	195	175	186	147
—	223	206	151	116
87.6	87.6	69.5	46.8	−83.1
—	87.0	68.6	46.8	−83.4
—	135	136	104	199

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

INDIGOPNTS₹1,011.80

Indigo Paints Ltd.

· Consumer Goods

₹ CrorePeersASIANPAINT BERGEPAINT KANSAINER IFBIND EUREKAFORB ETHOSLTD PCJEWELLER CERAMcap ₹4,824 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	4,823.8
- Cash, Equiv & ST Investments	131.8	199.6	263.2	332.0	332.0
+ Minority Interest	—	0.1	0.1	—	—
+ Total Debt	—	3.1	6.4	1.9	1.9
Enterprise Value	—	—	—	—	4,493.8
Net Debt (memo)	—	-196.5	-256.8	-330.0	-330.0
EV per Share	—	—	—	—	942.57

Total Capital	—	905.2	1,037.0	1,155.1	1,155.1
Total Debt/Total Capital	—	0.34	0.62	0.17	0.17
Total Debt/EV	—	—	—	—	0.00

EV/Sales	—	—	—	—	3.07
EV/EBITDA	—	—	—	—	16.49
EV/EBIT	—	—	—	—	21.25
EV/Free Cash Flow	—	—	—	—	51.28
Reference Items — Trailing FY Values
Sales	1,073.3	1,306.1	1,340.7	1,405.0	1,465.8
EBITDA	181.5	238.1	233.5	254.8	272.5
EBIT	147.2	186.5	175.0	194.6	211.5
Operating Cash Flow	116.1	151.2	205.7	222.6	—
Free Cash Flow	-83.1	46.8	69.5	87.6	87.6
FCFF (free cash flow to the firm)	-83.4	46.8	68.6	87.0	—
Capital Expenditure	199.3	104.4	136.2	134.9	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.