Indigo Paints Limited has informed the Exchange about Capacity addition
INDIGOPNTS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indigo Paints has announced multiple capacity expansions at its Jodhpur, Rajasthan facility. A new solvent-based paint plant with 12,000 KLPA capacity has commenced production in February 2026, while a 90,000 KLPA water-based paint plant is expected to be operational by June 2026. Additionally, the company is doubling its powder-based plant capacity from 1,38,000 MTPA to 2,76,000 MTPA, with the expansion targeted for February 2026 at an investment of approximately INR 15 crore, funded entirely through internal accruals. The existing powder plant was operating at about 77% utilization in FY25. The company states these expansions are aimed at meeting future projected demand, and current market demand is already being met comfortably.
Positive for long-term growth as capacity expansion positions the company to capture future demand, but the INR 15 crore outlay is modest and self-funded, so the immediate financial impact is limited. Investors should watch the June 2026 water-based plant commissioning and any pickup in capacity utilization to gauge revenue benefits.