Archive · 2 Jun 2025

Indigo Paints Anticipates Demand Recovery and Growth

Indigo Paints Anticipates Demand Recovery and Growth

Indigo Paints anticipates a rise in demand starting in the June quarter of 2025.

The paint industry is predicted to grow 8-9% by the end of the July-September quarter of 2025.

The company's Chairman expects improved revenue numbers from all paint companies in the first quarter.

The January–March 2025 quarter showed improvement compared to the previous quarter.

Indigo Paints reported a revenue of ₹387 crore, a margin of 22.6%, and a profit after tax of ₹56.89 crore in Q4FY25.

Raw material prices are decreasing, potentially sustaining or improving profit margins.

The company's market capitalization is ₹4,981 crore, and the stock is trading at ₹1,043.60.

Sources