Indigo Paints Ltd

The domestic equity benchmarks traded with modest gains in early afternoon trade, supported by U.S. President Donald Trump initially issuing and then softening threats of increased tariffs on European imports over the weekend, and by the Reserve Bank of India's decision to pay Rs 2.68 lakh crore as a dividend to the central government for FY25. Investors will closely monitor global trade developments and the upcoming Q4 results of the companies across various sectors. The Nifty traded above the 24,950 mark. Oil & Gas shares extended gains for the second consecutive trading sessions. At 12:30 IST, the barometer index, the S&P BSE Sensex, added 436.91 points or 0.53% to 82,157.99. The Nifty 50 index advanced 134.10 points or 0.55% to 24,987.25. In the broader market, the S&P BSE Mid-Cap index added 0.44% and the S&P BSE Small-Cap index jumped 0.59%. The market breadth was positive. On the BSE, 2,286 shares rose and 1,615 shares fell. A total of 224 shares were unchanged. Economy: The Reserve Bank of India (RBI) on Friday handed the government a whopping Rs 2.68 lakh crore in surplus for FY25, 27% more than last year and even higher than what the Union Budget had estimated. Analysts suggest that this additional amount could support the government's objective of reducing the fiscal deficit to 4.4% for the current financial year. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 5.81% to 18.28. The Nifty 29 May 2025 futures were trading at 25,003.70, at a premium of 16.45 point as compared with the spot at 24,987.25. The Nifty option chain for the 29 May 2025 expiry showed a maximum call OI of 133 lakh contracts at the 26,000 strike price. Maximum put OI of 118 lakh contracts was seen at 24,000 strike price. Buzzing Index: The Nifty Oil & Gas index rose 0.64% to 11,541.35. The index rallied 1.42% in two consecutive trading sessions. Adani Total Gas (up 2.19%), Hindustan Petroleum Corporation (up 2.01%), Bharat Petroleum Corporation (up 1.16%), Oil India (up 1.1%), Reliance Industries (up 0.92%), Oil & Natural Gas Corpn (up 0.67%), GAIL (India) (up 0.47%), Gujarat Gas (up 0.15%), Petronet LNG (up 0.14%) and Indraprastha Gas (up 0.12%) advanced. On the other hand, Aegis Logistics (down 0.60%), Mahanagar Gas (down 0.25%) and Indian Oil Corporation (down 0.15%) edged lower. Stocks in Spotlight: Indigo Paints added 1.51% after the company's consolidated net profit rose 5.99% to Rs 56.90 crore in Q4 FY25 as against Rs 53.68 crore in Q4 FY24. Revenue from operations increased marginally to Rs 387.56 crore in the quarter ended 31 March 2025, compared to Rs 384.88 crore in the same period a year ago. GE Vernova T&D India hit an upper circuit of 10% after the company's standalone net profit surged 181.3% to Rs 186.50 crore on a 26.15% jump in revenue from operations to Rs 1,152.54 crore in Q4 FY25 over Q4 FY24. Finolex Industries surged 5.86% after the company's standalone net profit surged 111.75% to Rs 150.26 crore while net sales rose 17.04% to Rs 1,171.81 crore in Q4 March 2025 over Q3 December 2024. Powered by Capital Market - Live

Revenue from operations increased marginally to Rs 387.56 crore in the quarter ended 31 March 2025, compared to Rs 384.88 crore in the same period a year ago. Profit before tax increased 8.18% to Rs 78.66 crore in Q4 FY25, compared to Rs 72.71 crore in Q4 FY24. EBITDA (excluding other income) for the quarter ended 31 March 2025 was Rs 87.4 crore, as against Rs 84.6 crore in the corresponding quarter of the previous year, representing an increase of 3.3%. On a consolidated basis, the company had clocked a growth of 0.7% in a muted demand scenario. The gross margin was 46.8%. The EBITDA margin and the PAT margin were 22.6% and 14.6%, respectively. On a full-year basis, the company's consolidated net profit declined 3.77% to Rs 141.76 crore on a 2.64% increase in revenue to Rs 1,340.67 crore in FY25 over FY24. Meanwhile, the company's board has proposed a dividend of Rs 3.50 per share, subject to the shareholder's approval. Indigo Paints offers a wide range of interior & exterior wall paint colours, enamels & wood coatings for homes & offices. Powered by Capital Market - Live

Indigo Paints announced that the Board of Directors of the Company at its meeting held on 24 May 2025, inter alia, have recommended the final dividend of Rs 3.5 per equity Share (i.e. 35%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Indigo Paints rose 6.00% to Rs 56.90 crore in the quarter ended March 2025 as against Rs 53.68 crore during the previous quarter ended March 2024. Sales rose 0.70% to Rs 387.56 crore in the quarter ended March 2025 as against Rs 384.88 crore during the previous quarter ended March 2024. For the full year,net profit declined 3.77% to Rs 141.76 crore in the year ended March 2025 as against Rs 147.32 crore during the previous year ended March 2024. Sales rose 2.65% to Rs 1340.67 crore in the year ended March 2025 as against Rs 1306.09 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales387.56384.88 1 1340.671306.09 3 OPM %22.5621.98 -17.4218.23 - PBDT91.9088.29 4 248.48250.16 -1 PBT78.6672.71 8 189.95198.58 -4 NP56.9053.68 6 141.76147.32 -4 Powered by Capital Market - Live

Net profit of Indigo Paints rose 6.32% to Rs 56.90 crore in the quarter ended March 2025 as against Rs 53.52 crore during the previous quarter ended March 2024. Sales rose 0.29% to Rs 367.22 crore in the quarter ended March 2025 as against Rs 366.14 crore during the previous quarter ended March 2024. For the full year,net profit declined 3.17% to Rs 143.94 crore in the year ended March 2025 as against Rs 148.65 crore during the previous year ended March 2024. Sales rose 1.78% to Rs 1277.19 crore in the year ended March 2025 as against Rs 1254.86 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales367.22366.14 0 1277.191254.86 2 OPM %23.3922.47 -18.1318.54 - PBDT90.0485.97 5 246.07244.53 1 PBT77.9771.88 8 192.23198.35 -3 NP56.9053.52 6 143.94148.65 -3 Powered by Capital Market - Live

Indigo Paints will hold a meeting of the Board of Directors of the Company on 24 May 2025.Powered by Capital Market - Live

Net profit of Indigo Paints declined 3.33% to Rs 36.02 crore in the quarter ended December 2024 as against Rs 37.26 crore during the previous quarter ended December 2023. Sales declined 3.15% to Rs 342.62 crore in the quarter ended December 2024 as against Rs 353.77 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales342.62353.77 -3 OPM %16.6917.59 - PBDT59.7364.68 -8 PBT45.0550.07 -10 NP36.0237.26 -3 Powered by Capital Market - Live

Revenue from operations slipped 3.15% YoY to Rs 342.61 crore in the quarter ended 31st December 2024, primarily due to a muted demand scenario. Profit before tax (PBT) stood at Rs 45.04 crore, down 10.05% as against Rs 50.07 crore in same quarter last year. EBIDTA (excluding other income) for the quarter ended December 31, 2024 was Rs. 57.2 crore, registering the growth of 8.1% as against Rs. 62.2 crores in the corresponding quarter of the last year. 'The EBITDA margin and the PAT margin were 16.7% and 10.4% respectively. The industry continued to witness persistent demand slowdown during the period under consideration which has resulted in the de-growth in the top line,' the company stated in exchange filing, On standalone basis, the company's net profit fell 3.32% to Rs 36.45 crore on 4.04% decline in revenue from operations to Rs 327.47 crore in Q3 FY25 over Q3 FY24. Indigo Paints offers a wide range of interior & exterior wall paint colours, enamels & wood coatings for homes & offices.Powered by Capital Market - Live

Indigo Paints announced the resignation of Sakshi Chopra (DIN: 07129633) as Non-Executive - Nominee Director of the Company, with effect from close of business hours on 07 November 2024. Powered by Capital Market - Live

However, revenue from operations increased 7.35% YoY to Rs 299.53 crore in Q2 FY25. Profit before tax stood at Rs 30.55 crore in the quarter ended 30 September 2024, down 8.66% from Rs 33.45 crore posted in same quarter last year. During the quarter, the company's EBITDA grew by 1.5% to Rs 41.5 crore in Q2 FY25 as compared to Rs 42.1 crore posted in Q2 FY24. On standalone basis, the company's consolidated net profit declined 7.69% to Rs 24.12 crore in Q2 FY25 as compared with Rs 26.13 crore in Q2 FY24. Revenue from operations increased 6.68% YoY to Rs 288.55 crore during the quarter. On half year basis, the company's consolidated net profit decline 13.37% to Rs 48.84 crore in H1 FY25 as against Rs 567.44 crore posted in H1 FY24. Revenue from operations was at Rs 610.50 crore in H1 FY25, up 7.58% as against Rs 567.44 crore posted in H1 FY24. Indigo Paints offers a wide range of interior & exterior wall paint colours, enamels & wood coatings for homes & offices. Shares of Indigo Paints shed 0.27% to Rs 1,633.65 on the BSE.Powered by Capital Market - Live