Indigo Paints Limited has informed the Exchange regarding Outcome of Board Meeting held on May 22, 2026.
INDIGOPNTS · price
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Indigo Paints reported audited FY2026 consolidated revenue of ₹1,40,502 lakhs, up 4.8% YoY, and net profit of ₹14,761 lakhs, up 3.8% YoY. The Q4 FY26 standalone revenue was ₹39,791 lakhs with net profit of ₹5,734 lakhs. Price Waterhouse Chartered Accountants LLP issued an unmodified (clean) audit opinion on both consolidated and standalone results. An exceptional item of ₹613.31 lakhs (consolidated) was recorded due to the New Labour Codes — a one-time past service cost from changes in wage definitions. The Board recommended a final dividend of ₹5 per share (50% on ₹10 face value), subject to shareholder approval. New appointments include DKV & Associates as Internal Auditor, Harshad S Deshpande & Associates as Cost Auditor, and two Senior Management Personnel including a new Chief Business Officer.
Revenue and profit grew modestly at ~5% and ~4% respectively. The exceptional labour code charge reduced reported profits but is non-recurring. The clean audit opinion and dividend declaration are positive signals for investors.