Indigo Paints Ltd
NSE: INDIGOPNTS BSE: 543258
₹859.85
-5.70 (0.66%)
Fri, 06 Nov 2026, 08:58 pm
Market Cap (in Cr)4126.25
PE Ratio27.59
Dividend0.58
Process Industries
Industrial Specialties
24.5KIndigo Paints Balance Sheet
| Particulars | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Interest expense on debt | -38.07M | -38.97M | -48.09M | -30.40M | -1.05M | — | -4.22M | -35.01M |
| Pretax equity in earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity in earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total assets | 2.97B | 3.73B | 4.22B | 8.11B | 9.20B | 10.62B | 12.70B | 14.10B |
| Total current assets | 1.77B | 2.10B | 2.11B | 5.42B | 5.72B | 5.19B | 6.25B | 6.85B |
| Cash and short term investments | 230.77M | 337.27M | 265.21M | 3.08B | 2.73B | 1.80B | 2.00B | 2.63B |
| Cash & equivalents | 46.23M | 118.42M | 56.84M | 447.99M | 355.33M | 471.81M | 329.21M | 371.19M |
| Short term investments | 184.54M | 218.85M | 208.37M | 2.63B | 2.37B | 1.33B | 1.67B | 2.26B |
| Total receivables, net | 973.19M | 1.04B | 1.05B | 1.32B | 1.72B | 2.00B | 2.23B | 2.44B |
| Accounts receivable - trade, net | 967.86M | 1.04B | 1.04B | 1.21B | 1.72B | 2.00B | 2.23B | 2.44B |
| Other receivables | 5.33M | 5.33M | 5.55M | 109.32M | 959.00K | 1.79M | 3.73M | 3.42M |
| Total inventory | 559.02M | 703.85M | 776.82M | 949.82M | 1.19B | 1.22B | 1.71B | 1.57B |
| Other current assets, total | 470.00K | 5.95M | 5.36M | 61.72M | 73.42M | 144.33M | 254.20M | 183.92M |
| Total non-current assets | 1.20B | 1.63B | 2.11B | 2.69B | 3.47B | 5.43B | 6.46B | 7.25B |
| Long term investments | 27.73M | 40.71M | 77.79M | 159.71M | 95.00K | 95.00K | 205.00K | 464.00K |
| Note receivable - long term | 6.88M | 40.71M | 54.81M | 8.80M | — | — | — | — |
| Investments in unconsolidated subsidiaries | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other investments | 20.85M | 0 | 22.98M | 150.91M | 95.00K | 95.00K | 205.00K | 464.00K |
| Net property/plant/equipment | 760.24M | 1.28B | 1.72B | 2.22B | 3.15B | 4.87B | 5.66B | 6.58B |
| Gross property/plant/equipment | 826.38M | 1.41B | 1.96B | 2.67B | 3.86B | 5.85B | 7.04B | 8.42B |
| Deferred tax assets | — | — | — | — | — | — | — | — |
| Net intangible assets | 412.21M | 309.84M | 309.24M | 310.13M | 309.36M | 308.58M | 613.05M | 587.43M |
| Goodwill, net | 407.36M | 305.52M | 305.52M | 305.52M | 305.52M | 305.52M | 398.75M | 398.75M |
| Other intangibles, net | 4.85M | 4.32M | 3.72M | 4.61M | 3.84M | 3.06M | 214.29M | 188.68M |
| Other long term assets, total | 1.74M | 1.74M | 1.74M | 0 | 15.43M | 250.13M | 182.10M | 87.82M |
| Short term debt | 297.99M | 372.02M | 287.92M | 32.84M | 46.95M | 49.12M | 85.49M | 132.91M |
| Current portion of LT debt and capital leases | 71.61M | 124.96M | 142.63M | 32.84M | 46.95M | 49.12M | 77.53M | 93.07M |
| Short term debt excl. current portion of LT debt | 226.38M | 247.06M | 145.29M | 0 | 0 | 0 | 7.97M | 39.84M |
| Accounts payable | 1.09B | 1.36B | 1.39B | 1.86B | 2.01B | 2.11B | 2.29B | 1.77B |
| Income tax payable | 0 | 3.03M | 26.26M | 107.47M | 136.79M | 147.17M | 1.72M | 126.58M |
| Long term debt | 137.40M | 323.21M | 275.39M | 54.96M | 77.41M | 69.43M | 124.80M | 139.80M |
| Long term debt excl. lease liabilities | 137.40M | 323.21M | 275.39M | 54.96M | 77.41M | 69.43M | 124.80M | 139.80M |
| Total equity | 1.27B | 1.47B | 1.97B | 5.63B | 6.50B | 7.76B | 9.02B | 10.31B |
| Shareholders' equity | 1.27B | 1.47B | 1.97B | 5.63B | 6.50B | 7.76B | 9.02B | 10.31B |
| Common equity, total | 1.27B | 1.47B | 1.97B | 5.63B | 6.50B | 7.76B | 9.02B | 10.31B |
| Other common equity | 203.95M | 207.80M | 202.67M | 9.66M | 31.54M | 102.89M | 17.00M | 35.78M |
| Total debt | 435.39M | 695.23M | 563.31M | 87.80M | 124.36M | 118.55M | 210.29M | 272.70M |
| Net debt | 204.62M | 357.96M | 298.10M | -2.99B | -2.60B | -1.69B | -1.79B | -2.36B |
| Change in accounts receivable | -287.21M | -113.23M | -23.13M | -161.66M | -507.22M | -289.27M | -151.78M | -211.98M |
| Change in taxes payable | — | — | — | — | — | — | — | — |
| Change in accounts payable | 233.01M | 277.12M | 22.96M | 469.82M | 112.69M | 92.27M | 310.27M | -526.84M |
| Change in other assets/liabilities | 49.89M | -20.73M | 5.80M | 8.41M | 146.47M | -308.27M | -40.84M | 530.12M |
| Sale of fixed assets & businesses | 16.01M | 4.86M | 810.00K | 228.00K | 317.00K | 22.81M | 2.55M | 7.13M |
| Purchase/sale of investments, net | 5.40M | 200.00K | 0 | -2.52B | 459.55M | 1.10B | -184.34M | -422.98M |
| Sale/maturity of investments | 5.40M | 200.00K | 0 | 458.17M | 3.45B | 1.54B | 339.99M | 240.25M |
| Purchase of investments | 0 | 0 | 0 | -2.98B | -2.99B | -443.82M | -524.33M | -663.23M |
| Other investing cash flow items, total | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Issuance/retirement of debt, net | -5.71M | 242.97M | -100.55M | -500.37M | -328.00K | 0 | 13.38M | 33.26M |
| Issuance/retirement of long term debt | 5.84M | 222.29M | 1.22M | -355.08M | 0 | 0 | 9.02M | 0 |
| Issuance/retirement of short term debt | -11.55M | 20.68M | -101.77M | -145.29M | -328.00K | 0 | 4.36M | 0 |
| Issuance/retirement of other debt | — | — | — | — | — | — | — | 33.26M |
| Total cash dividends paid | 0 | 0 | 0 | 0 | 0 | -142.71M | -166.56M | -166.67M |
| Other financing cash flow items, total | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
