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Indigo Paints (BOM:543258) Profitability Rank : 8 (As of Mar. 2024)


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What is Indigo Paints Profitability Rank?

Indigo Paints has the Profitability Rank of 8. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Indigo Paints's Operating Margin % for the quarter that ended in Mar. 2024 was 17.93%. As of today, Indigo Paints's Piotroski F-Score is 6.


Competitive Comparison of Indigo Paints's Profitability Rank

For the Specialty Chemicals subindustry, Indigo Paints's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indigo Paints's Profitability Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indigo Paints's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Indigo Paints's Profitability Rank falls into.



Indigo Paints Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Indigo Paints has the Profitability Rank of 8. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Indigo Paints's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=690.055 / 3848.79
=17.93 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Indigo Paints has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Indigo Paints Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Indigo Paints Profitability Rank Related Terms

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Indigo Paints (BOM:543258) Business Description

Traded in Other Exchanges
Address
Baner Road, Street 5, Indigo Tower, Pallod Farm 2, Pune, MH, IND, 411 045
Indigo Paints Ltd is engaged in manufacturing different types of decorative paints like enamels, emulsions, wood coatings, primers, distempers, putties, and cement paints. Its only operating segment being Paints. Geographically, it derives a majority of revenue from India.

Indigo Paints (BOM:543258) Headlines

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