INDIGOPNTS vs SHALPAINTS: Stock Comparison

INDIGO PAINTS vs SHALPAINTSUpdated 11 Sept 26, 4:08 PM ISTNSE & company filings

INDIGO PAINTS is the larger company by market capitalisation. INDIGO PAINTS shows a higher ROE, a higher dividend yield and faster revenue growth, while SHALPAINTS shows a lower P/E. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

INDIGOPNTS leads 9; SHALPAINTS leads 4 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

INDIGOPNTSSHALPAINTS

Valuation lens

What price are you paying?

Market CapContext only
₹5,159 Cr
₹717 Cr
P/E RatioSHALPAINTS has the lower reading
31.78x
0x
P/B RatioSHALPAINTS has the lower reading
4.47x
3.07x
EPSINDIGOPNTS has the higher reading
₹8.89
₹-2.48
Book ValueContext only
₹241.89
₹30.01
Dividend YieldINDIGOPNTS has the higher reading
0.46%
0%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
INDIGOPNTS is the larger company
₹5,159 Cr vs ₹717 Cr
P/E Ratio
SHALPAINTS has a lower P/E
0x vs 31.78x
P/B Ratio
SHALPAINTS has a lower P/B
3.07x vs 4.47x
EPS
INDIGOPNTS has higher earnings per share
₹8.89 vs ₹-2.48
Dividend Yield
INDIGOPNTS has a higher dividend yield
0.46% vs 0%
Revenue Growth (TTM YoY)
INDIGOPNTS has faster revenue growth
9.7% vs -12.3%
EPS Growth (TTM YoY)
INDIGOPNTS has faster EPS growth
1.3% vs 0%
Qtr Sales Growth
SHALPAINTS has stronger quarterly sales growth
-1.11% vs -5.31%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricINDIGOPNTSSHALPAINTS
SectorConsumer DurablesConsumer Durables
IndustryPaintsPaints

Price

MetricINDIGOPNTSSHALPAINTS
Live Price₹1,089.3₹86.19
Day Change1.07%4.42%
Volume55,83024.85 L
52-Week High₹1,345.9₹89.8
52-Week Low₹708.05₹35.21
Distance from 52W High-19.07%-4.02%

Valuation

MetricINDIGOPNTSSHALPAINTS
Market Cap₹5,159 Cr₹717 Cr
P/E Ratio31.78x0x
P/B Ratio4.47x3.07x
EPS₹8.89₹-2.48
Book Value₹241.89₹30.01
Dividend Yield0.46%0%

Growth

MetricINDIGOPNTSSHALPAINTS
Revenue Growth (TTM YoY)9.7%-12.3%
EPS Growth (TTM YoY)1.3%0%
Qtr Sales Growth-5.31%-1.11%
Qtr Profit Growth1.59%2.26%

Profitability & Leverage

MetricINDIGOPNTSSHALPAINTS
ROE12.22%-25.82%
ROCE12.66%-9.96%
Net Margin12%-11.29%
Operating Margin14.79%-6.95%
Debt to Equity0x0.63x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricINDIGOPNTSSHALPAINTS
Promoter Holding53.88%74.96%
FII Holding5.73% 1.68 pp0.04% 0.04 pp
DII Holding25.25% 2.25 pp0.03%
Public Holding15.15% 0.56 pp24.96% 0.03 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: INDIGO PAINTS and SHALPAINTS.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.