| Management target | Revenue FY27 |
|---|
| Revenue growth | 19.7% Consolidated YoY growth. |
|---|---|
| Margins | Consolidated EBITDA margin at 16.8%, up from 14.8% YoY. |
| Demand visibility | Momentum from FY26 carried forward; demand back to normal. |
| Management confidence | High; citing strongest Q1 operating margins in 4 years. |
Growth
Standalone revenue grew 18.7% YoY to ₹350 Cr; PAT surged 60.7% to ₹42.4 Cr. Consolidated revenue rose 19.7%.
Outlook
Commissioning of water-based Jodhpur facility in August; plan to increase Apple Chemie stake to 62%; targeting 2x industry growth.
Risks
Raw material price volatility due to geopolitical tensions; potential margin dilution from aggressive trade spends in Q2.
Last quarter's promises, checked
Delivered
- Jodhpur plant commissioning in June 2026 → Delivered in current quarter (BEAT)
- Aggressive top-line growth (2x industry) → Delivered 19.7% vs single-digit sector growth (BEAT)
- Sustain gross margins despite RM spikes → Delivered 16.8% EBITDA margin, up 200bps YoY (BEAT)
Partly delivered
- Increase Apple Chemie stake to 62% → Partial/Ongoing (In-process) (PARTIAL)
Earnings Call Transcript filed with BSE, 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 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.
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.