Indigo Paints Limited has reported robust financial results for the quarter and financial year ended March 31, 2026. The company posted a consolidated revenue of ₹1,405.0 crore for the year, marking a 4.8% growth, while consolidated net profit reached ₹152.2 crore, excluding exceptional items. Following these results, the Board has recommended a final dividend of ₹5.00 per share for the financial year, subject to shareholder approval.
Annual Financial Performance
For the financial year ended March 31, 2026, Indigo Paints Limited achieved a consolidated revenue from operations of ₹1,405.0 crore, compared to ₹1,340.7 crore in the previous fiscal year. Consolidated net profit, when adjusted for exceptional items, rose to ₹152.2 crore, reflecting a 7.1% increase over the prior year’s performance. On a standalone basis, the company reported a net revenue of ₹1,330.1 crore and a profit (excluding exceptional items) of ₹149.8 crore.
Quarterly Highlights
The company demonstrated consistent growth in the final quarter (Q4) of FY26. Consolidated revenue for the quarter stood at ₹425.3 crore, representing a 9.7% increase compared to Q4 of the previous year. Standalone revenue for the same period was ₹397.9 crore, marking an 8.4% increase. The company maintained an industry-leading gross margin of 48.6% on a standalone basis despite global supply chain challenges.
Dividend and Strategic Appointments
Reflecting confidence in its financial stability, the Board of Directors has recommended a final dividend payment of ₹5.00 per equity share (50%) with a face value of ₹10 each for the financial year ended March 31, 2026. This recommendation is subject to approval by shareholders 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 General Manager – Finance, designating both as Senior Management Personnel.
Operational Outlook
The company continues to see strong performance from its subsidiary, Apple Chemie Private Limited, which recorded a 34.7% growth during the year. Management emphasized that despite the muted profit growth on a standalone basis during Q4 caused by non-cash mark-to-market losses in treasury income, the core business operations remain resilient with sustained growth momentum.
Source: BSE
