ALFA Finder| 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
- ₹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.