Indigo Paints Limited

Indigo Paints Ltd share price declined by 0.10% to Rs 1122.9 after the company's net profit tanked by 29.51% to Rs 41.7 crore, while revenue from operations reduced 13.08% to Rs 369.67 crore in Q2FY26 over Q1FY26. The market capitalization of Paints industry group stocks on BSE stood at Rs 3.51 lakh crore, jumping 15.55%. It has remained flat over last one week and crept higher by 4.33% in last one month while the market capitalization of Indigo Paints Ltd has softened by 0.42% and 13.91% in the same period respectively. Profit before tax (PBT) of Indigo Paints Ltd stood at Rs 56.03 crore in Q2 FY26, surging by 61.24% year-on-year, and nosediving by 29.61% quarter-on-quarter. EBITDA came in at Rs 52 crore, expanding by 35.15% YoY and tanking 45.61% sequentially. Total expenses slightly declined by 6.32% to Rs 323.25 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 217.36 crore, inching up 7.99% YoY, while employee benefits expense was at Rs 36.36 crore, rising by 10.85% YoY. For the TTM ended FY26, revenue from operations posted a slight growth of 2.65% to Rs 1340.67 crore, while net profit eased 4.48% to Rs 142.16 crore, compared to previous TTM. EBITDA soared by 22980% to Rs 214.99 crore, and PBT saw a marginal contraction of 4.35% to Rs 189.95 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 205.66 crore in FY26, as against Rs 151.01 crore in FY25. Indigo Paints Ltd gained 2.28% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.

Indigo Paints Limited said its board approved exploring the potential acquisition of an additional 11% equity shares in Apple Chemie India Private Limited (ACIPL), a subsidiary of the company, from existing shareholders, subject to execution of definitive agreements and compliance with applicable laws.

Indigo Paints will hold a meeting of the Board of Directors of the Company on 13 August 2026.

Profit before tax (PBT) increased 1.18% YoY to Rs 79.59 crore in Q4 March 2026. EBITDA (excluding other income) for the quarter ended 31 March 2026 stood at Rs 95.6 crore, as against Rs 87.4 crore in the corresponding quarter of the previous year, representing an increase of 9.3%. On a standalone basis, net profit edged up 0.8% to Rs 57.3 crore in Q4 FY26, while revenue from operations grew 8.4% to Rs 397.9 crore. The company said revenue growth was supported by strong sales momentum, which accelerated from November 2025 and sustained through the quarter. It maintained an industry-leading gross margin of 48.6% despite supply chain disruptions due to the Middle East conflict. EBITDA margin, however, moderated slightly to 23.0% from 23.4% in the year-ago period, while PAT margin stood at 14.4%. Profit growth lagged revenue and EBITDA growth due to a non-cash mark-to-market loss in treasury income (other income) arising from a spike in bond yields during the quarter. The board has recommended a final dividend of Rs 5 per equity share of face value Rs 10 each for the financial year ended 31 March 2026. Indigo Paints offers a wide range of interior & exterior wall paint colours, enamels & wood coatings for homes & offices.Powered by Capital Market - Live

Profit before tax (PBT) increased 1.18% YoY to Rs 79.59 crore in Q4 March 2026. EBITDA (excluding other income) for the quarter ended 31 March 2026 stood at Rs 95.6 crore, as against Rs 87.4 crore in the corresponding quarter of the previous year, representing an increase of 9.3%. On a standalone basis, net profit edged up 0.8% to Rs 57.3 crore in Q4 FY26, while revenue from operations grew 8.4% to Rs 397.9 crore. The company said revenue growth was supported by strong sales momentum, which accelerated from November 2025 and sustained through the quarter. It maintained an industry-leading gross margin of 48.6% despite supply chain disruptions due to the Middle East conflict. EBITDA margin, however, moderated slightly to 23.0% from 23.4% in the year-ago period, while PAT margin stood at 14.4%. Profit growth lagged revenue and EBITDA growth due to a non-cash mark-to-market loss in treasury income (other income) arising from a spike in bond yields during the quarter. The board has recommended a final dividend of Rs 5 per equity share of face value Rs 10 each for the financial year ended 31 March 2026. Indigo Paints offers a wide range of interior & exterior wall paint colours, enamels & wood coatings for homes & offices. The counter rose 1.37% to end at Rs 1,003.20 on the BSE. Powered by Capital Market - Live

Indigo Paints announced that the Board of Directors of the Company at its meeting held on 22 May 2026, inter alia, have recommended the final dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

Net profit of Indigo Paints rose 1.35% to Rs 57.67 crore in the quarter ended March 2026 as against Rs 56.90 crore during the previous quarter ended March 2025. Sales rose 9.74% to Rs 425.32 crore in the quarter ended March 2026 as against Rs 387.56 crore during the previous quarter ended March 2025. For the full year,net profit rose 2.34% to Rs 145.08 crore in the year ended March 2026 as against Rs 141.76 crore during the previous year ended March 2025. Sales rose 4.80% to Rs 1405.02 crore in the year ended March 2026 as against Rs 1340.67 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales425.32387.56 10 1405.021340.67 5 OPM %22.4722.56 -18.1317.42 - PBDT94.9291.90 3 264.81248.48 7 PBT79.6078.66 1 204.59189.95 8 NP57.6756.90 1 145.08141.76 2 Powered by Capital Market - Live

Indigo Paints will hold a meeting of the Board of Directors of the Company on 22 May 2026.

Net profit of Indigo Paints rose 1.00% to Rs 36.38 crore in the quarter ended December 2025 as against Rs 36.02 crore during the previous quarter ended December 2024. Sales rose 4.72% to Rs 358.78 crore in the quarter ended December 2025 as against Rs 342.62 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales358.78342.62 5 OPM %19.0516.69 - PBDT71.5059.73 20 PBT56.4745.05 25 NP36.3836.02 1 Powered by Capital Market - Live

Indigo Paints announced that SES ESG Research has independently assigned an ESG score '62.8' to the Company. Powered by Capital Market - Live