ALFA Finder India's fastest NSE & BSE filing alerts on Telegram, filtered to the stocks you hold Telegram alerts alfafinder.com →
Thursday, 12 November 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

Indigo Paints Earnings Call: Key Takeaways

Indigo Paints reported Q4 FY26 standalone revenue of ₹397.9cr (up 8.4% YoY) with EBITDA margins at 23.0%. Strategy shifts toward aggressive market share acquisition via increased trade spends.

Why this was an Alfa AlertNot a filter event. Management aspirations for 24% growth are not a formal 50%+ guidance beat.
Highlights
Revenue growth8.4% YoY for Q4 standalone; 4.8% YoY for full year consolidated.
MarginsGross margins improved to 48.6%; willing to sacrifice 200bps for growth.
Order bookStrong visibility for subsidiary Apple Chemie targeting 30%+ growth.
Demand visibilityDecisive uptick from Nov 2025; April 2026 growth driven by hoarding.
Management confidenceHigh; 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.

Source

Earnings Call filed with NSE, NSE: INDIGOPNTS. Summary written with AI assistance from the document.

Read 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 →