Indigo Paints has announced robust financial results for the quarter and financial year ended March 31, 2026. The company achieved a consolidated annual revenue of ₹1,405 crore, reflecting a 4.8% growth over the previous year. Driven by a strong performance from its subsidiary, Apple Chemie, and resilient core operations, the company has declared a final dividend of ₹5.00 per share for its shareholders.
Quarterly Performance Highlights
For the quarter ended March 31, 2026, Indigo Paints reported a consolidated net revenue of ₹425.3 crore, marking a 9.7% increase compared to the same period in the previous year. On a standalone basis, revenue from operations reached ₹397.9 crore. Despite supply chain challenges, the company maintained an industry-leading gross margin of 48.6%, demonstrating operational efficiency and strong market presence.
Annual Financial Growth
The company delivered a solid performance for the full financial year 2025-26. Consolidated annual revenue stood at ₹1,405 crore, with a net profit for the year amounting to ₹152.2 crore, representing a 7.1% increase over the prior year. Standalone annual revenue reached ₹1,330.1 crore, while standalone net profit was recorded at ₹149.8 crore.
Dividend and Strategic Appointments
Reflecting its commitment to shareholder value, the Board has recommended a final dividend of ₹5.00 per share (representing 50% of the ₹10 face value), subject to approval at the upcoming Annual General Meeting. Additionally, the company has strengthened its leadership team with the appointment of Mr. Aishwarya Pratap Singh as Chief Business Officer and Mr. Srihari Santhakumar as GM Finance, both designated as Senior Management Personnel.
Operational Context
The financial results for this period were influenced by a one-time exceptional expense related to adjustments in gratuity liability following the implementation of new labor codes. Notwithstanding this, the company saw significant contributions from its subsidiary, Apple Chemie Private Limited, which recorded a 34.7% growth, further bolstering the consolidated financial health of the organization.
Source: BSE
