Case study

INDIGOPNTS

INDIGO PAINTS LIMITED

Mixed signals1y model +2.9%

Each stock's 10,000-path forecast, rendered as light.

51Score

INDIGO PAINTS LIMITED (INDIGOPNTS) Stock Analysis & Case Study

Is INDIGOPNTS a good buy? The data-driven verdict.

INDIGO PAINTS LIMITED (INDIGOPNTS) trades at ₹1,120,on the numbers it mixed signals, a Downstox Snapshot Score of 51/100.

On the numbers, INDIGO PAINTS LIMITED (INDIGOPNTS) mixed signals, a Downstox Snapshot Score of 51/100, weighing premium at 35.8× earnings, ROE of 13.7%, a 53% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

INDIGOPNTS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹5,348 Cr
Current price
₹1,120
P/E ratio
35.8×
P/B ratio
4.63×
Book value
₹242
Dividend yield
0.31%
ROCE
18.6%
ROE
13.7%
Piotroski F-Score
6/8

How INDIGOPNTS ranks against the 2,371 companies in our screener

Is INDIGOPNTS overvalued? INDIGOPNTS P/E vs peers

INDIGOPNTS trades at 35.8× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

INDIGOPNTS share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 5.4y of INDIGOPNTS history (-19%/yr drift, 33%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
INDIGOPNTS 2027₹754₹1,153₹1,764+3%
INDIGOPNTS 2028₹650₹1,187₹2,168+6%
INDIGOPNTS 2029₹593₹1,221₹2,514+9%
INDIGOPNTS 2030₹542₹1,257₹2,915+12%
INDIGOPNTS 2031₹506₹1,294₹3,305+15%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability INDIGOPNTS goes up, or doubles?

53%
Higher in 1 year
Modelled chance the price is above today in 12 months
58%
Higher in 5 years
Modelled chance the price is above today in 5 years
22%
Doubles in 5 years
Modelled chance of reaching ₹2,241 within 5 years

The bull case for INDIGOPNTS

  • INDIGOPNTS's return on equity of 13.7% ranks in the 66th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
  • INDIGOPNTS's return on capital employed of 18.6% ranks in the 77th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹2,514.

The bear case & risks

  • INDIGOPNTS's P/E of 35.8x is lower than 38% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹593.

INDIGOPNTS volatility & expected range, how bumpy is the ride?

Over the last 5.4 years INDIGOPNTS compounded at -19%/year with annualized volatility of 33%. That volatility implies a 1-year 80% range of ₹754-₹1,764, the honest backbone behind any single price target.

INDIGOPNTS price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 5.4 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
2.9%
80% range₹754-₹1,764
P(price ↑)53%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
9.0%
80% range₹593-₹2,514
P(price ↑)57%
P(price 2×)14%
5-Year Forecast
2031
₹0
Median (P50)
15.5%
80% range₹506-₹3,305
P(price ↑)58%
P(price 2×)22%

INDIGOPNTS price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
INDIGOPNTS simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds INDIGOPNTS hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the INDIGOPNTS price target & forecast page.

INDIGOPNTS Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. INDIGOPNTS scores 6/8, mixed financial health.

INDIGOPNTS MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy INDIGOPNTS with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
Zerodha31.07%3.2×
Groww31.11%3.2×
DhanCHEAPEST31.07%3.2×
Kotak Neo34.97%2.9×
Paytm Money31.11%3.2×
Pocketful31.25%3.2×
Anand Rathi31.07%3.2×
Bajaj Broking40.00%2.5×
Share India31.11%3.2×

Compare every broker on the INDIGOPNTS MTF page.

About INDIGO PAINTS LIMITED: sector, index & market-cap context

INDIGO PAINTS LIMITED (INDIGOPNTS) is a small-cap NSE-listed company, with a market capitalisation of ₹5,348 Cr. See more stocks on our screener.

How the INDIGOPNTS Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of INDIGO PAINTS LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

INDIGOPNTS analysis, FAQs

Is INDIGO PAINTS LIMITED (INDIGOPNTS) a good buy?

On the numbers, INDIGO PAINTS LIMITED (INDIGOPNTS) mixed signals, a Downstox Snapshot Score of 51/100, weighing premium at 35.8× earnings, ROE of 13.7%, a 53% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is INDIGOPNTS overvalued or undervalued?

INDIGOPNTS trades at 35.8× earnings, premium versus the ~22× long-run Nifty average.

What is the INDIGOPNTS share price target for 2031?

INDIGOPNTS's probability-weighted 2031 median target is ₹1,294, with an 80% range of ₹506-₹3,305 (10,000-path Monte-Carlo).

What is the probability INDIGOPNTS doubles in 5 years?

The modelled probability of INDIGOPNTS reaching ₹2,241 (2×) within 5 years is 22%.

What is the bull case for INDIGOPNTS?

INDIGOPNTS's return on equity of 13.7% ranks in the 66th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026. INDIGOPNTS's return on capital employed of 18.6% ranks in the 77th percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.

What are the risks in INDIGOPNTS?

INDIGOPNTS's P/E of 35.8x is lower than 38% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.

More on INDIGOPNTS