| Revenue growth | 8.4% YoY for Q4 standalone; 4.8% YoY for full year consolidated. |
|---|---|
| Margins | Gross margins improved to 48.6%; willing to sacrifice 200bps for growth. |
| Order book | Strong visibility for subsidiary Apple Chemie targeting 30%+ growth. |
| Demand visibility | Decisive uptick from Nov 2025; April 2026 growth driven by hoarding. |
| Management confidence | High; citing 'spring in feet' and aggressive pursuit of market share. |
Growth
FY26 consolidated revenue grew 4.8% to ₹1,405cr; consolidated EBITDA grew 9.1% to ₹254.8cr.
Outlook
Targeting 24% revenue growth (2x industry) for FY27; new Jodhpur water-based plant commissioning June 2026.
Risks
Raw material costs spiked 50-100% in March 2026 due to Middle East conflict; muted demand history.
Earnings Call filed with NSE, NSE: INDIGOPNTS. Summary written with AI assistance from the document.
Indigo Paints Ltd: key numbers
- Share price
- ₹1,128.60
- Market cap
- ₹5,387 Cr
- Revenue (annual)
- ₹1,405 Cr
- Net profit (annual)
- ₹145.1 Cr
- P/E (TTM)
- 33.5×Sector 45.9×
- Promoter holding
- 53.88%+0.00% QoQ
- FII holding
- 5.73%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Indigo Paints Ltd
All →Indigo Paints Annual General Meeting
Indigo Paints held its 26th Annual General Meeting on September 12, 2026. Shareholders adopted financial results, approved the final dividend, and ratified director appointments.
Indigo Paints Earnings Call Transcript: Key Takeaways
Indigo Paints reported strong double-digit growth in Q1 FY27, outperforming the paint sector with expanded EBITDA and PAT margins. Management highlighted successful operational leverage and distribution network depth.
Indigo Paints Investor Presentation: Key Takeaways
Indigo Paints reported robust Q1 FY27 results with 18.7% revenue growth and significant margin expansion. Strategy focuses on network expansion, new product categories (waterproofing), and brand building.
Indigo Paints Q1 FY27 Results: Net Profit ₹41.7 Cr, Up 59.8% YoY
Indigo Paints Ltd reported revenue from operations of ₹369.7 Cr (+19.7% YoY) and net profit of ₹41.7 Cr (+59.8% YoY) for Q1 FY27.
- Key figure
- Net profit ₹41.7 Cr · +59.8% YoY
Indigo Paints Earnings Call Transcript: Key Takeaways
Indigo Paints reported Q4 FY26 standalone revenue growth of 8.4% and EBITDA margins of 23.0%. Strategy shifts toward aggressive market share acquisition even at the cost of slight gross margin moderation.
- Call
- Guides 24% growth
Indigo Paints Earnings Call: Key Takeaways
Indigo Paints reported Q4 FY26 standalone revenue of ₹397.9cr (up 8.4% YoY) and EBITDA margin of 23%. Management is shifting focus toward aggressive market share gains over margin protection.