Consumer Discretionary · Q1FY27 · Standalone

Indigo Paints Ltd: Q1FY27 results

Indigo Paints Ltd reported revenue of Rs 350 cr and net profit of Rs 42 cr for Q1FY27.

By Ashutosh

Filed 13 Aug 2026, 17:23 IST · after market close · Indigo Paints Ltd (INDIGOPNTS)

Price around the results

What was reported

Indigo Paints Ltd reported revenue of Rs 350 cr and net profit of Rs 42 cr for Q1FY27. Figures are standalone.

How the stock reacted

The stock closed +1.62% on the session after the results.

Q1FY27 at a glance

Standalone figures as filed with NSE — cross-checked against an independent source.

Line itemQ1FY27
Revenue₹350 cr
Other income₹10 cr
Expenses₹288 cr
Operating profit₹62 cr
Operating margin (%)17.70%
Interest₹1 cr
Depreciation₹14 cr
Profit before tax₹57 cr
Tax₹15 cr
Net profit₹42 cr
EPS (₹)₹8.89

Operating margin of 17.70% compares with a Consumer Discretionary sector median of 11.46% across 385 peers that have reported Q1FY27.

How the stock reacted

WindowStockvs NIFTY
Results day+1.62%+1.74%
Next session+2.71%—
5 sessions+1.89%+2.48%
15 sessions+4.90%—
30 sessions-1.80%—

Volume on the results session was 48.40× its 20-day average.

What management said

From the company’s own investor presentation. Each point is checked against the source document before it appears here.

Expansion

  • Trial production at the Jodhpur water-based plant, with 90,000 KLPA capacity, is scheduled to start by the end of August 2026.
  • Production commenced in the solvent-based and putty plants during FY26.

New initiatives

  • WPCC products for retail were launched under the Indigo Protect Plus Series, while Apple Chemie targets the B2B infrastructure segment.

Problems & risks

  • Apple Chemie’s robust Q1 FY27 growth was offset by margin headwinds from rising raw-material costs and inventory buildup.