| Revenue growth | Q4 standalone up 8.4%; FY26 consolidated up 4.8%. |
|---|---|
| Margins | Prepared to sacrifice ~200bps gross margin for volume growth. |
| Order book | 30%+ growth target for Apple Chemie subsidiary based on orders. |
| Demand visibility | Uptick from Nov 2025; April 2026 seen as strong. |
| Management confidence | High; adopting aggressive stance to grow 2x-3x industry rate. |
Growth
FY26 consolidated revenue grew 4.8% to ₹1,405cr; Q4 consolidated revenue rose 9.7% YoY to ₹425.3cr.
Outlook
Targeting 24% growth in FY27 (2x industry); new Jodhpur water-based plant (90,000 KL) operational June 2026.
Risks
Unprecedented raw material cost spike (50-100%) in March 2026 due to Middle East conflict; muted demand history.
Earnings Call filed with BSE, 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.