What the six lenses say about INDGN — its relative strength vs the baselines, price & RS trend, the 8-quarter financials, and live filings.
How INDGN’s own sector index is moving — context for reading the stock’s six lenses.
Six-lens read
The actual numbers
The actual numbers
Full 8-quarter history in the financials table below.
The actual numbers
The actual numbers
Every filing in the corporate-announcements panel below.
The actual numbers
Decile — each lens’s 0–100 score is ranked against every Small-cap stock in the universe. D10 = top 10% (strongest), D1 = bottom 10%. A decile is simply where this stock sits versus its size-peers on that lens — no weighting, no black box.
Conviction — the average of the two active conviction-lens deciles (Technical & Flow):
Fundamental, Catalyst, Valuation and Policy are shown for context but carry weight 0 in the current model, so they are not scored into conviction. Full detail on the methodology page ↗.
Glass box
Click a lens to expand its sub-components, then drill to the actual values. The eye icon on any term explains it.
Policy
Active policies relevant to this sector — flagged as a Red / Amber / Green signal, not scored into the six-lens conviction. The lenses say what the market is doing; policy is context for why.
PLI Scheme — Pharmaceuticals & API
Production-linked incentive scheme for pharmaceuticals, APIs, and medical devices
Percentage-point spread vs each baseline across six windows. Green = outperforming, red = lagging. Data as of 2026-09-08.
| Baseline | 1D | 1W | 1M | 3M | 6M | 12M |
|---|---|---|---|---|---|---|
Nifty 50 Large-cap anchor | +0.1pp | -0.8pp | +12.4pp | +14.2pp | +33.3pp | +12.3pp |
Nifty 500 Broad-market baseline | +0.1pp | -0.8pp | +11.3pp | +12.6pp | +27.5pp | +7.1pp |
Sector Own-sector index | — | — | +10.0pp | +9.9pp | +18.8pp | -6.2pp |
From atlas_foundation.technical_daily. Sector row covers 1M–12M (1D/1W not stored).
Trend
INDGN daily close with the three trend EMAs · atlas_foundation.ohlcv_stock.
Relative strength
INDGN ÷ Nifty 500, rebased to 100 at window start — above 100 = outperforming since then.
TradingView composite technical analysis — multi-timeframe consensus
Last 8 quarters from the company’s filings (₹ crore) — revenue, profit, margins and the growth trend.
| Metric | Jun '24 | Sep '24 | Dec '24 | Mar '25 | Jun '25 | Sep '25 | Dec '25 | Mar '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue (₹cr) | 677 | 687 | 720 | 756 | 761 | 804 | 942 | 1,003 |
| ↳ change QoQ | — | +1.5% | +4.9% | +4.9% | +0.7% | +5.7% | +17.2% | +6.5% |
| EBITDA (₹cr) | 151 | 148 | 170 | 148 | 155 | 141 | 160 | 164 |
| EBITDA margin | 22.4% | 21.5% | 23.5% | 19.6% | 20.4% | 17.5% | 17.0% | 16.4% |
| PAT (₹cr) | 88 | 92 | 110 | 118 | 116 | 102 | 103 | 80 |
| ↳ change QoQ | — | +4.6% | +19.6% | +7.6% | -1.7% | -12.1% | +1.0% | -22.3% |
| Net margin | 13.0% | 13.4% | 15.2% | 15.6% | 15.2% | 12.7% | 10.9% | 8.0% |
| EPS (₹) | 3.79 | 3.84 | 4.59 | 4.90 | 4.85 | 4.25 | 4.28 | 3.31 |
| D/E | — | — | — | — | — | — | — | — |
Filings to the exchange — capital actions, earnings and governance. Most recent first.
A governance / disclosure filing — lower signal weight, context only.
View original filing on NSE ↗A governance / disclosure filing — lower signal weight, context only.
View original filing on NSE ↗A governance / disclosure filing — lower signal weight, context only.
View original filing on NSE ↗A governance / disclosure filing — lower signal weight, context only.
View original filing on NSE ↗A governance / disclosure filing — lower signal weight, context only.
View original filing on NSE ↗A governance / disclosure filing — lower signal weight, context only.
View original filing on NSE ↗A governance / disclosure filing — lower signal weight, context only.
View original filing on NSE ↗A governance / disclosure filing — lower signal weight, context only.
View original filing on NSE ↗A governance / disclosure filing — lower signal weight, context only.
View original filing on NSE ↗A governance / disclosure filing — lower signal weight, context only.
View original filing on NSE ↗A governance / disclosure filing — lower signal weight, context only.
View original filing on NSE ↗An exchange filing — open the original disclosure on NSE for the full text.
View original filing on NSE ↗An exchange filing — open the original disclosure on NSE for the full text.
View original filing on NSE ↗A governance / disclosure filing — lower signal weight, context only.
View original filing on NSE ↗A governance / disclosure filing — lower signal weight, context only.
View original filing on NSE ↗…and 5 more.
Ownership
Mutual funds holding INDGN (10)
| Fund | Weight | AUM ₹cr | Grade |
|---|---|---|---|
| Sundaram Mid Cap Gr | 0.56% | 14,504 | |
| ICICI Pru Technology Gr | 0.71% | 13,540 | |
| ICICI Pru Smallcap Instl Gr | 0.52% | 9,533 | |
| ICICI Pru Smallcap Gr | 0.52% | 9,533 | |
| Sundaram Agg Hybrid Gr | 0.58% | 9,147 | |
| Helios Flexi Cap Reg Gr | 0.58% | 8,055 | |
| SBI Technology Opportunities Reg Gr | 1.00% | 4,592 | |
| Sundaram Multi Asset Allc Reg Gr | 0.56% | 3,314 | |
| Sundaram Flexi Cap Reg Gr | 1.04% | 1,999 | |
| Helios Mid Cap Reg Gr | 0.63% | 1,951 |
ETFs holding INDGN (0)
No tracked ETF holds INDGN ≥0.5%.