According to reports from Business Standard, Indigo Paints Ltd reported a 1.35% year-on-year rise in net profit to ₹57.67 crore for the fourth quarter, compared with ₹56.90 crore in the corresponding period last year. Revenue from operations increased 9.74% to ₹425.32 crore from ₹387.56 crore year-on-year. EBITDA rose 9.3% to ₹94.92 crore against ₹91.90 crore in the year-ago period, while EBITDA margin remained flat at 22.47%. Despite supply chain challenges, the company maintained an industry-leading gross margin of 48.6%, demonstrating operational efficiency and strong market presence.
As reported by Business Standard, the company recorded consolidated net revenue from operations of ₹1,405.02 crore for the year ended March 31, 2026, compared with ₹1,340.67 crore in the corresponding period last year, registering a growth of 4.80%. On a standalone basis, the company recorded revenue growth of 4.1% during FY26. Gross margin stood at 46.9%, while EBITDA margin and PAT margin were 18.13% and 17.42% respectively on standalone basis. The financial results were influenced by a one-time exceptional expense related to adjustments in gratuity liability following the implementation of new labor codes.
According to Business Standard, the company's board recommended a final dividend of ₹5 per equity share of face value ₹10 each, representing 50% for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting. Consolidated net profit for FY26 rose 2.34% to ₹145.08 crore from ₹141.76 crore in the corresponding period last year. On standalone basis, the company recorded revenue growth of 4.1% during FY26 with standalone net profit at ₹149.8 crore.
The company's performance was significantly bolstered by its subsidiary, Apple Chemie Private Limited, which recorded a 34.7% growth, contributing to the overall consolidated financial health. This strong performance from the subsidiary, combined with resilient core operations, helped drive the company's robust financial results for the quarter and financial year ended March 31, 2026.
In addition to strong financial performance, Indigo Paints has strengthened its leadership team with strategic appointments. The company appointed Mr. Aishwarya Pratap Singh as Chief Business Officer and Mr. Srihari Santhakumar as GM Finance, both designated as Senior Management Personnel. These appointments reflect the company's commitment to strengthening its operational capabilities and strategic positioning for future growth.
