Indigo Paints Limited has announced its financial performance for the quarter and year ended March 31, 2026. The company reported steady growth in both revenue and profit, driven by strong operational performance and the strategic contribution of its subsidiary, Apple Chemie. The Board has also recommended a final dividend of Rs. 5.00 per equity share, subject to shareholder approval, reflecting the company’s commitment to delivering consistent value to its investors.
Quarterly and Annual Financial Performance
Indigo Paints has demonstrated resilient growth for the financial year 2025-2026. On a consolidated basis, the company reported a revenue of Rs. 1,405.0 crores for the year, representing a 4.8% increase over the previous year. For the fourth quarter (January-March 2026), consolidated revenue stood at Rs. 425.3 crores, marking a 9.7% growth compared to the same period in the prior year.
The company continues to maintain healthy profitability, with a consolidated Net Profit of Rs. 147.6 crores for the full year. The performance was supported by strong demand and consistent operational efficiency, despite external challenges, including supply chain disruptions. Notably, the subsidiary, Apple Chemie, performed well, recording a growth of 34.7%.
Dividend and Strategic Appointments
In addition to the financial outcomes, the Board of Directors has recommended a final dividend of Rs. 5.00 per equity share (with a face value of Rs. 10 each). This recommendation awaits approval from the shareholders at the upcoming Annual General Meeting.
The company also strengthened its leadership team by appointing two key senior management personnel: Mr. Aishwarya Pratap Singh has been appointed as the Chief Business Officer, and Mr. Srihari Santhakumar has been appointed as GM Finance, both effective May 22, 2026. These appointments are part of the company’s strategic plan to enhance its business leadership and financial management capabilities for the upcoming fiscal year.
Operational Impact of New Labour Codes
The financial results reflect the impact of the newly consolidated Labour Codes effective from November 21, 2025. To ensure transparency regarding non-recurring costs, the company has accounted for an incremental impact of Rs. 613.31 lakhs on the consolidated financial results, classifying this as an Exceptional Item. This adjustment allows for a clearer view of the company’s ongoing operational profitability.
Source: BSE
