| 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
- ₹982.55
- Market cap
- ₹4,690 Cr
- Revenue (annual)
- ₹1,405 Cr
- Net profit (annual)
- ₹145.1 Cr
- P/E (TTM)
- 31.4×Sector 44.3×
- Promoter holding
- 53.81%-0.07% QoQ
- FII holding
- 5.70%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 Other Announcement
Indigo Paints disclosed an independent ESG score of 64 from SES ESG Research, a SEBI-licensed rating provider. The company did not engage the provider for this rating.
Indigo Paints Earnings Call Transcript: Key Takeaways
Revenue grew 14% YoY, but margins were hit by raw material inventory costs. Management expects significant margin recovery in H2.
Indigo Paints Investor Presentation: Key Takeaways
Standalone Q2 FY27 revenue Rs340.5 Cr (+14.1%), EBITDA margin 8.9% (vs 15.3%), PAT Rs13.8 Cr (-45.9%). H1 revenue +16.4%, PAT +8.3%. Mix and RM costs hit margins.
Indigo Paints Q2 FY27 Results: Net Profit ₹13.4 Cr, Down 46.8% YoY
Indigo Paints Ltd reported revenue from operations of ₹358.8 Cr (+15.0% YoY) and net profit of ₹13.4 Cr (-46.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹13.4 Cr · -46.8% YoY
Indigo Paints Other Announcement
Indigo Paints Ltd filed its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026.
Indigo Paints Board Meeting Date
Indigo Paints will hold a board meeting on October 30, 2026, to consider and approve standalone and consolidated financial results for the period ended September 30, 2026.