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Indigo Paints Ltd share price declined by 0.10% to Rs 1122.9 after the company`s net profit tanked by 29.51% to Rs 41.7 crore, while revenue from operations reduced 13.08% to Rs 369.67 crore in Q2FY26 over Q1FY26. The market capitalization of Paints industry group stocks on BSE stood at Rs 3.51 lakh crore, jumping 15.55%. It has remained flat over last one week and crept higher by 4.33% in last one month while the market capitalization of Indigo Paints Ltd has softened by 0.42% and 13.91% in the same period respectively. Profit before tax (PBT) of Indigo Paints Ltd stood at Rs 56.03 crore in Q2 FY26, surging by 61.24% year-on-year, and nosediving by 29.61% quarter-on-quarter. EBITDA came in at Rs 52 crore, expanding by 35.15% YoY and tanking 45.61% sequentially. Total expenses slightly declined by 6.32% to Rs 323.25 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 217.36 crore, inching up 7.99% YoY, while employee benefits expense was at Rs 36.36 crore, rising by 10.85% YoY. For the TTM ended FY26, revenue from operations posted a slight growth of 2.65% to Rs 1340.67 crore, while net profit eased 4.48% to Rs 142.16 crore, compared to previous TTM. EBITDA soared by 22980% to Rs 214.99 crore, and PBT saw a marginal contraction of 4.35% to Rs 189.95 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 205.66 crore in FY26, as against Rs 151.01 crore in FY25. Indigo Paints Ltd gained 2.28% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.

Indigo Paints Limited said its board approved exploring the potential acquisition of an additional 11% equity shares in Apple Chemie India Private Limited (ACIPL), a subsidiary of the company, from existing shareholders, subject to execution of definitive agreements and compliance with applicable laws.

Indigo Paints will hold a meeting of the Board of Directors of the Company on 13 August 2026.

Indigo Paints announced that the Board of Directors of the Company at its meeting held on 22 May 2026, inter alia, have recommended the final dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

Net profit of Indigo Paints rose 1.35% to Rs 57.67 crore in the quarter ended March 2026 as against Rs 56.90 crore during the previous quarter ended March 2025. Sales rose 9.74% to Rs 425.32 crore in the quarter ended March 2026 as against Rs 387.56 crore during the previous quarter ended March 2025.For the full year,net profit rose 2.34% to Rs 145.08 crore in the year ended March 2026 as against Rs 141.76 crore during the previous year ended March 2025. Sales rose 4.80% to Rs 1405.02 crore in the year ended March 2026 as against Rs 1340.67 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales425.32387.56 10 1405.021340.67 5 OPM %22.4722.56 -18.1317.42 - PBDT94.9291.90 3 264.81248.48 7 PBT79.6078.66 1 204.59189.95 8 NP57.6756.90 1 145.08141.76 2 Powered by Capital Market - Live News