Peers

Indigo Paints Ltd. displays several strengths in its financial metrics, particularly a solid return on equity (ROE) and a low debt-to-equity ratio, although it struggles with revenue growth. In comparison to its peers, it is positioned well in profitability, but its valuation metrics suggest that it may be considered overvalued given the lack of revenue growth. Companies like Asian Paints and Akzo Nobel show stronger growth and profitability, making them sector leaders.

• • Indigo Paints has the lowest debt-to-equity ratio at 0.0063, indicating strong financial stability.
• • Asian Paints leads in ROE (32.08%) and has a high PE ratio (70.37), reflecting robust profitability but potential overvaluation.
• • Shalimar Paints and Retina Paints are financially weak, with negative earnings and low profitability metrics.

• • Asian Paints Ltd.: Strongest ROE (32.08%) and consistent EPS growth, indicating robust profitability.
• • Akzo Nobel India Ltd.: High growth with a low PEG ratio (0.39), suggesting it is undervalued relative to its growth expectations.
• • Kansai Nerolac Paints Ltd.: Good ROE (23.29%) and comparatively low PE ratio (19.09), indicating solid profitability and value.