2 weeks ago
Indigo Paints Q1 Profit Rises 60% to ₹41.7 Crore
Indigo Paints is a company that makes paint for homes and buildings.
Imagine you run a lemonade stand — selling more lemonade means you earn more money.
Indigo Paints sold much more this year than it did at the same time last year.
Its profit went up by 60 percent, reaching about Rs 41.7 crore.
The money it earned from selling paint also went up by 20 percent.
However, compared with the previous three months, the company made 30 percent less profit.
That happened partly because the materials needed to make paint cost more, and the company had extra paint stored away.
One of its smaller companies, Apple Chemie India, grew by about 40 percent.
Even with these challenges, Indigo Paints still made a healthy profit margin of about 17 percent before interest and taxes.
Overall, the company grew a lot compared with last year, even though the most recent quarter was a bit tougher.
Indigo Paints reported a 60% year-on-year rise in consolidated net profit to Rs 41.7 crore in Q1 FY27, up from Rs 26.1 crore in Q1 FY26.
Revenue from operations grew 20% to Rs 369.7 crore from Rs 308.9 crore in the same quarter last year.
Sequentially, net profit declined 30% from Rs 59.2 crore in Q4 FY26, while revenue fell 13% from Rs 425.3 crore.
Consolidated EBITDA, excluding other income, rose 40% to Rs 62.0 crore, with an EBITDA margin of 16.8% and a PAT margin of 11.0%.
Growth faced margin headwinds from rising raw-material costs and inventory buildup, though subsidiary Apple Chemie India recorded 40.1% growth.
For the full year FY26, the company reported consolidated revenue of Rs 1,405 crore and net profit of Rs 147.6 crore.
- Who
- Indigo Paints Limited, an Indian paint manufacturing company, along with its subsidiary Apple Chemie India Private Limited.
- What
- Reported Q1 FY27 financial results showing consolidated net profit up 60% year-on-year to Rs 41.7 crore and revenue from operations up 20% to Rs 369.7 crore.
- Where
- India; the results were reported from Mumbai.
- When
- For the quarter ended June 30, 2026 (Q1 FY27).
- Why
- Growth was driven by double-digit standalone value and volume growth, offset by margin headwinds from rising raw-material costs and inventory buildup.
Key facts
- Consolidated Net Profit (Q1 FY27)
- Rs 41.7 crore, up 60% YoY
- Revenue from Operations (Q1 FY27)
- Rs 369.7 crore, up 20% YoY
- Total Income (Q1 FY27)
- Rs 379.9 crore, up 21% YoY
- Profit Before Tax (Q1 FY27)
- Rs 56.0 crore, up 61% YoY
- Consolidated EBITDA (Q1 FY27)
- Rs 62.0 crore, up 40% YoY
- EBITDA Margin / PAT Margin
- 16.8% / 11.0%
- Basic EPS (Q1 FY27)
- Rs 8.76
- FY26 Full-Year Results
- Revenue Rs 1,405 crore; Net profit Rs 147.6 crore









