Outcome of the Board Meeting held on May 22, 2026
INDIGOPNTS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indigo Paints reported audited FY2026 consolidated revenue of ₹1,40,502 lakhs (up ~4.8% YoY) and standalone revenue of ₹1,33,012 lakhs (up ~4.1% YoY). Consolidated net profit grew to ₹14,761 lakhs from ₹14,216 lakhs (~3.8% growth). Q4 standalone revenue was ₹39,791 lakhs, up ~8.4% YoY. An exceptional charge of ₹613.31 lakhs (consolidated) was recorded due to the new Labour Codes, impacting PBT before tax. Price Waterhouse Chartered Accountants LLP issued an unmodified (clean) audit opinion on both standalone and consolidated results. The Board recommended a dividend of ₹5 per share (50%) subject to shareholder approval. Two new senior management appointments were made: Mr. Aishwarya Pratap Singh (Chief Business Officer) from ITC and Mr. Srihari Santhakumar (GM Finance). New internal and cost auditors were also appointed for FY27.
Steady but modest growth — revenue and PAT each rose ~4-5%, below the ~20% growth typically expected by growth-focused investors. The exceptional labour code charge is non-recurring and should not affect core operating performance. Clean audit opinion is positive for governance. New senior hires from FMCG/ITC backgrounds signal strategic intent. Dividend provides modest income.