TickerKhojComparison · NSE · data 2026-11-02
Indigo Paints Ltd vs Rain Industries Limited
In plain words
Size: Rain Industries Limited is about 1.4 times the market value of Indigo Paints Ltd.
Valuation (P/E): Indigo Paints Ltd 25.8 vs Rain Industries Limited 12.4.
Return on equity: Indigo Paints Ltd 13.3% vs Rain Industries Limited 0.6%.
Profit growth over 3 years: Indigo Paints Ltd 3.2% a year vs Rain Industries Limited -69.1% a year.
Debt to equity: Rain Industries Limited 1.32 vs Indigo Paints Ltd 0.02.
Differences in the numbers, not a recommendation of either stock.
Side by side
| INDIGOPNTS | RAIN | |
|---|---|---|
| Price | ₹868.05 | ₹198.22 |
| Market cap | ₹4,764 cr | ₹6,527 cr |
| P/E | 25.8 | 12.4 |
| P/B | — | 0.8 |
| ROE | 13.3% | 0.6% |
| ROCE | 16.4% | 8.0% |
| Debt / equity | 0.02 | 1.32 |
| Operating margin | 14.4% | 9.5% |
| Dividend yield | 0.50% | 0.52% |
| Sales growth, 3 years (yearly) | 9.4% | -7.0% |
| Profit growth, 3 years (yearly) | 3.2% | -69.1% |
| 1-year return | -13.6% | 46.8% |
| Revenue, last 12 months | ₹1,466 cr | ₹18,464 cr |
| Net profit, last 12 months | ₹161 cr | ₹537 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹13 cr | ₹296 cr |
| Quarter profit vs a year earlier | -47.0% | +388.0% |
| Promoter holding | 53.81% | 41.35% |
| Health check | Average (5.6/10) | Average (5.9/10) |
Common questions
Which has a higher P/E, Indigo Paints Ltd or Rain Industries Limited?
Indigo Paints Ltd trades at the higher P/E (25.8 against 12.4). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Indigo Paints Ltd (13.3% against 0.6%).
Which carries more debt?
Rain Industries Limited has the higher debt-to-equity ratio (1.32 against 0.02).