| 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
- ₹1,055.00
- Market cap
- ₹5,036 Cr
- Revenue (annual)
- ₹1,405 Cr
- Net profit (annual)
- ₹145.1 Cr
- P/E (TTM)
- 31.3×Sector 45.6×
- 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.
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