Indigo Paints Limited

BSE: 543258 NSE: INDIGOPNTS
Indigo Paints Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials and compliance.
CIN L24114PN2000PLC014669 Incorporated 28 March 2000 ROC Pune HQ Pune, Maharashtra, India
Active Listed - NSE: INDIGOPNTS · BSE: 543258 Public Limited Company manufacturing
Data last updated
Revenue · FY 2026
₹1,405.02 Cr
▲ 4.8% YoY
EBITDA · FY 2026
₹267.73 Cr
▲ 6.25% YoY
Net profit · FY 2026
₹147.61 Cr
▲ 3.83% YoY
Authorised capital
₹70 Cr
Registered with MCA
Paid-up capital
₹47.68 Cr
Issued & subscribed
Open charges
None
Satisfied ₹125.37 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
1,082
Latest available

About Indigo Paints Limited

Data last updated: 06 March 2026

Indigo Paints Limited is a public limited company based in Pune, Maharashtra, India. It specialises in paint and coatings, a part of the broader manufacturing sector. Incorporated on 28 March 2000, the company has been in operation for over 26 years.

Registered with ROC Pune under CIN L24114PN2000PLC014669. Listed on BSE: 543258 and NSE: INDIGOPNTS.

Capital: an authorised share capital of ₹70 Cr and a paid-up capital of ₹47.68 Cr. Formerly known as Indigo Paints Private Limited. It is led by directors including Ravi Nigam and Narayanankutty Kottiedath Venugopal.

Last AGM: 30 August 2025. Financial statements filed for year ended 31 March 2025. Office: Indigo Tower Street – 5 Pallod Farm – 2 Baner Road, Pune, Maharashtra, India – 411045.

As per the financials filed for FY 2025, the company reported a revenue of ₹1,359.17 Cr, a growth of 3% compared to the previous year.

The company has a workforce of approximately 1,082 employees as per the latest available data.

The company is associated with 1 brand - Indigo Paints. As per MCA filings, the company has satisfied charges of ₹125.37 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indigopaints.com.

Company Details of Indigo Paints Limited
CIN L24114PN2000PLC014669
Registration Number 014669
Incorporation Date 28 March 2000
ROC Pune
Listing Status Listed (BSE: 543258, NSE: INDIGOPNTS)
Company Status Active
Date of Last AGM 30 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Hemant Kamala Jalan Managing Director Ravi Nigam Director Narayanankutty Kottiedath Venugopal Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    indigopaints.com
  • Social Media
  • Registered Address
    Indigo Tower Street – 5 Pallod Farm – 2 Baner Road, Pune, Maharashtra, India – 411045
  • Industry
    Manufacturing, Paint & Coatings
Company report
Indigo Paints Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Indigo Paints Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Indigo Paints Limited

Indigo Paints Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24114PN2000PLC014669, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L24114PN2000PLC014669 Current
U24114PN2000PTC014669 Previous
U24114PN2000PLC014669 Previous

Associated Brands with Indigo Paints Limited

Indigo Paints Limited operates one associated brand: Indigo Paints. These brands represent Indigo Paints Limited's diversified market presence and brand portfolio.

Brand Description Website
Indigo Paints
Manufacturer of paints indigopaints.com

Business Activity of Indigo Paints Limited

Indigo Paints Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C6 Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products *********

Auditor Details of Indigo Paints Limited

Indigo Paints Limited is audited by Price Waterhouse Chartered Accountants LLP (ICAI peer reviewed, certificate valid till 2026-11-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Price Waterhouse Chartered Accountants LLP (ICAI peer reviewed, certificate valid till 2026-11-30) FY 2026 Declaration of unmodified opinion

Board of Directors of Indigo Paints Limited

Indigo Paints Limited is currently managed by 10 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Ravi Nigam
Also directs: Sunshot Technologies Llp, Hector Beverages Private Limited, Visage Lines Personal Care Private Limited and 2 more
Director 28 Mar 2019 7 Years 3 Months Current
Narayanankutty Kottiedath Venugopal
Also directs: Apple Chemie India Private Limited
Director 24 Feb 2016 10 Years 4 Months Current
Hemant Kamala Jalan
Also directs: Bsl Ltd, Apple Chemie India Private Limited, Halogen Chemicals Private Limited and 1 more
Managing Director 28 Mar 2000 26 Years 3 Months Current
Ashwini Ashish Deshpande
Also directs: Elephant Design Private Limited
Director 26 May 2023 3 Years 1 Months Current
Parag Hemant Jalan Director 22 May 2024 2 Years 1 Months Current
Abhay Kumar Pandey
Also directs: 4Point9 Capital Advisors Llp, Ashoka91 Sponsor Llp, Ashoka91 International Llp and 5 more
Director 07 Nov 2024 1 Years 8 Months Current
Showing 6 of 10 current directors. View all directors

Financials of Indigo Paints Limited FY 2026 filings available

Indigo Paints Limited reported revenue of ₹1,405.02 Cr (up 4.8% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹1,405.02 Cr ▲ 4.8%
Profit · FY 2026
₹147.61 Cr ▲ 3.83%
EBITDA · FY 2026
₹267.73 Cr ▲ 6.25%
Revenue₹ Cr · Consolidated05001,0001,500FY 2024: ₹1,306 Cr1,306FY 2024FY 2025: ₹1,341 Cr · +2.6% YoY1,341+2.6%FY 2025FY 2026: ₹1,405 Cr · +4.8% YoY1,405+4.8%FY 2026
Net Profit₹ Cr · Consolidated050100150FY 2024: ₹149 Cr149FY 2024FY 2025: ₹142 Cr · -4.5% YoY142-4.5%FY 2025FY 2026: ₹148 Cr · +3.8% YoY148+3.8%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0200400600Q1'25: ₹311 Cr · +7.8% YoY311+7.8%Q1'25Q2'25: ₹300 Cr · +7.4% YoY300+7.4%Q2'25Q3'25: ₹343 Cr · -3.2% YoY343-3.2%Q3'25Q4'25: ₹388 Cr · +0.7% YoY388+0.7%Q4'25Q1'26: ₹309 Cr · -0.7% YoY309-0.7%Q1'26Q2'26: ₹312 Cr · +4.2% YoY312+4.2%Q2'26Q3'26: ₹359 Cr · +4.7% YoY359+4.7%Q3'26Q4'26: ₹425 Cr · +9.7% YoY425+9.7%Q4'26
Metrics FY 2026 FY 2025 FY 2024
Revenue from Operations ₹1,405.02 Cr ₹1,340.67 Cr ₹1,306.09 Cr
Other Income ₹12.96 Cr ₹18.5 Cr ₹14.22 Cr
Total Income ₹1,417.98 Cr ₹1,359.17 Cr ₹1,320.3 Cr
Cost of Materials Consumed ₹707.49 Cr ₹689.01 Cr ₹685.87 Cr
Purchases of Stock-in-Trade ₹43.23 Cr ₹31.82 Cr ₹26.7 Cr
Changes in Inventories ₹71 Lakh ₹2.84 Cr -₹28.63 Cr
Employee Benefit Expense ₹126.89 Cr ₹113.69 Cr ₹99.48 Cr
Finance Costs ₹2.92 Cr ₹3.5 Cr ₹2.12 Cr
Depreciation & Amortisation ₹60.22 Cr ₹58.53 Cr ₹51.58 Cr
Other Expenses ₹271.93 Cr ₹269.83 Cr ₹284.61 Cr
Total Expenses ₹1,213.39 Cr ₹1,169.21 Cr ₹1,121.72 Cr
Profit Before Exceptional Items & Tax ₹204.59 Cr ₹189.95 Cr ₹198.58 Cr
Exceptional Items -₹6.13 Cr ₹0 ₹0
Profit Before Tax ₹198.46 Cr ₹189.95 Cr ₹198.58 Cr
Total Tax Expense ₹50.85 Cr ₹47.79 Cr ₹49.75 Cr
Net Profit ₹147.61 Cr ₹142.16 Cr ₹148.83 Cr
  attributable to Owners - ₹141.76 Cr ₹147.32 Cr
  attributable to NCI - ₹40.58 Lakh ₹1.51 Cr
Other Comprehensive Income -₹32.86 Lakh -₹9.95 Lakh ₹1.38 Lakh
Total Comprehensive Income ₹147.28 Cr ₹142.07 Cr ₹148.84 Cr
EBITDA (computed) ₹267.73 Cr ₹251.98 Cr ₹252.29 Cr
Basic EPS ₹30.44 ₹29.76 ₹30.95
Diluted EPS ₹30.34 ₹29.68 ₹30.87
Metrics FY 2026 FY 2025 FY 2024
Total Assets ₹1,628.95 Cr ₹1,410.18 Cr ₹1,270.43 Cr
Non-current Assets ₹817.56 Cr ₹725.19 Cr ₹645.8 Cr
Current Assets ₹811.39 Cr ₹684.99 Cr ₹624.62 Cr
Property, Plant & Equipment ₹472.74 Cr ₹445.28 Cr ₹468.16 Cr
Inventories ₹178.23 Cr ₹153.58 Cr ₹170.59 Cr
Trade Receivables ₹285.51 Cr ₹243.86 Cr ₹223.11 Cr
Cash & Equivalents ₹32.12 Cr ₹37.11 Cr ₹32.92 Cr
Equity (Net Worth) ₹1,153.23 Cr ₹1,030.58 Cr ₹902.14 Cr
Equity Share Capital ₹47.68 Cr ₹47.63 Cr ₹47.62 Cr
Borrowings (Non-current) ₹25.85 Lakh ₹88.34 Lakh ₹1.51 Cr
Borrowings (Current) ₹1.65 Cr ₹5.52 Cr ₹1.57 Cr
Total Debt (computed) ₹1.91 Cr ₹6.41 Cr ₹3.08 Cr
Current Liabilities ₹395.22 Cr ₹288.77 Cr ₹286.15 Cr
Total Liabilities ₹475.72 Cr ₹379.6 Cr ₹368.29 Cr
Metrics FY 2026 FY 2025 FY 2024
Operating Cash Flow ₹222.58 Cr ₹205.66 Cr ₹151.21 Cr
Investing Cash Flow -₹196.03 Cr -₹177.53 Cr -₹151.87 Cr
Financing Cash Flow -₹31.54 Cr -₹23.93 Cr -₹13.6 Cr
Capital Expenditure ₹134.94 Cr ₹136.2 Cr ₹104.36 Cr
Free Cash Flow (computed) ₹87.64 Cr ₹69.46 Cr ₹46.85 Cr
Dividends Paid ₹16.67 Cr ₹16.67 Cr ₹16.66 Cr
Net Change in Cash -₹4.99 Cr ₹4.19 Cr -₹14.26 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹425.32 Cr ₹358.78 Cr ₹312.06 Cr ₹308.86 Cr ₹387.56 Cr ₹342.62 Cr ₹299.53 Cr ₹310.96 Cr ₹384.88 Cr ₹353.77 Cr ₹279.02 Cr ₹288.42 Cr
Other Income ₹28.44 Lakh ₹3.73 Cr ₹2.99 Cr ₹5.96 Cr ₹6.03 Cr ₹3.15 Cr ₹5.12 Cr ₹4.21 Cr ₹4.16 Cr ₹3.07 Cr ₹3.17 Cr ₹3.82 Cr
Total Income ₹425.6 Cr ₹362.5 Cr ₹315.05 Cr ₹314.82 Cr ₹393.58 Cr ₹345.76 Cr ₹304.65 Cr ₹315.17 Cr ₹389.04 Cr ₹356.83 Cr ₹282.19 Cr ₹292.24 Cr
Cost of Materials Consumed ₹201.27 Cr ₹178.08 Cr ₹158.66 Cr ₹169.47 Cr ₹191.63 Cr ₹174.24 Cr ₹156.39 Cr ₹166.75 Cr ₹184.25 Cr ₹185.21 Cr ₹151.85 Cr ₹164.55 Cr
Purchases of Stock-in-Trade ₹14.44 Cr ₹13.91 Cr ₹8 Cr ₹6.88 Cr ₹7.87 Cr ₹8.31 Cr ₹9.62 Cr ₹6.02 Cr ₹6.76 Cr ₹8.13 Cr ₹5.28 Cr ₹6.53 Cr
Changes in Inventories ₹5.25 Cr -₹96.52 Lakh ₹5.67 Cr -₹9.25 Cr ₹6.58 Cr ₹34.44 Lakh ₹2.63 Cr -₹6.71 Cr ₹5.81 Cr -₹10.02 Cr -₹5.25 Cr -₹19.17 Cr
Employee Benefit Expense ₹32.8 Cr ₹31.96 Cr ₹31.11 Cr ₹31.02 Cr ₹25.63 Cr ₹28.13 Cr ₹29.73 Cr ₹30.2 Cr ₹23.35 Cr ₹26.35 Cr ₹25.5 Cr ₹24.27 Cr
Finance Costs ₹94.8 Lakh ₹57.45 Lakh ₹71 Lakh ₹68.78 Lakh ₹1.55 Cr ₹60.5 Lakh ₹71.06 Lakh ₹63.58 Lakh ₹45.9 Lakh ₹62.18 Lakh ₹55.31 Lakh ₹48.71 Lakh
Depreciation & Amortisation ₹15.32 Cr ₹15.03 Cr ₹15.06 Cr ₹14.82 Cr ₹13.23 Cr ₹14.68 Cr ₹15.36 Cr ₹15.25 Cr ₹15.58 Cr ₹14.61 Cr ₹11.29 Cr ₹10.09 Cr
Other Expenses ₹75.97 Cr ₹67.44 Cr ₹62.08 Cr ₹66.43 Cr ₹68.43 Cr ₹74.41 Cr ₹59.66 Cr ₹67.34 Cr ₹80.12 Cr ₹81.86 Cr ₹59.5 Cr ₹63.12 Cr
Total Expenses ₹346 Cr ₹306.03 Cr ₹281.29 Cr ₹280.06 Cr ₹314.92 Cr ₹300.72 Cr ₹274.1 Cr ₹279.48 Cr ₹316.33 Cr ₹306.76 Cr ₹248.73 Cr ₹249.9 Cr
Profit Before Exceptional Items & Tax ₹79.6 Cr ₹56.47 Cr ₹33.77 Cr ₹34.75 Cr ₹78.66 Cr ₹45.05 Cr ₹30.55 Cr ₹35.69 Cr ₹72.71 Cr ₹50.07 Cr ₹33.46 Cr ₹42.34 Cr
Exceptional Items ₹0 -₹6.13 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹79.6 Cr ₹50.34 Cr ₹33.77 Cr ₹34.75 Cr ₹78.66 Cr ₹45.05 Cr ₹30.55 Cr ₹35.69 Cr ₹72.71 Cr ₹50.07 Cr ₹33.46 Cr ₹42.34 Cr
Total Tax Expense ₹20.44 Cr ₹13.2 Cr ₹8.52 Cr ₹8.7 Cr ₹21.26 Cr ₹9.2 Cr ₹8.3 Cr ₹9.03 Cr ₹18.27 Cr ₹12.52 Cr ₹8.14 Cr ₹10.83 Cr
Net Profit ₹59.16 Cr ₹37.14 Cr ₹25.25 Cr ₹26.06 Cr ₹57.4 Cr ₹35.85 Cr ₹22.26 Cr ₹26.65 Cr ₹54.44 Cr ₹37.55 Cr ₹25.32 Cr ₹31.52 Cr
  attributable to Owners - ₹36.38 Cr ₹25.11 Cr ₹25.92 Cr ₹56.9 Cr ₹36.02 Cr ₹22.65 Cr ₹26.2 Cr ₹53.68 Cr ₹37.26 Cr ₹25.34 Cr ₹31.04 Cr
  attributable to NCI - ₹75.89 Lakh ₹14.2 Lakh ₹13.41 Lakh ₹50.57 Lakh -₹16.6 Lakh -₹39.02 Lakh ₹45.63 Lakh ₹76.24 Lakh ₹29 Lakh -₹1.95 Lakh ₹47.65 Lakh
Other Comprehensive Income ₹12.47 Lakh -₹38.74 Lakh -₹3.3 Lakh -₹3.29 Lakh -₹10.99 Lakh ₹35,000 ₹35,000 ₹34,000 ₹10.09 Lakh -₹2.91 Lakh -₹5.21 Lakh -₹59,000
Total Comprehensive Income ₹59.29 Cr ₹36.75 Cr ₹25.22 Cr ₹26.02 Cr ₹57.29 Cr ₹35.85 Cr ₹22.26 Cr ₹26.66 Cr ₹54.54 Cr ₹37.52 Cr ₹25.27 Cr ₹31.51 Cr
EBITDA (computed) ₹95.86 Cr ₹72.07 Cr ₹49.53 Cr ₹50.26 Cr ₹93.45 Cr ₹60.34 Cr ₹46.62 Cr ₹51.57 Cr ₹88.75 Cr ₹65.31 Cr ₹45.3 Cr ₹52.93 Cr
Basic EPS ₹12.10 ₹7.63 ₹5.27 ₹5.44 ₹11.94 ₹7.56 ₹4.76 ₹5.50 ₹11.28 ₹7.82 ₹5.33 ₹6.52
Diluted EPS ₹12.06 ₹7.60 ₹5.26 ₹5.42 ₹11.91 ₹7.54 ₹4.74 ₹5.49 ₹11.25 ₹7.81 ₹5.31 ₹6.50
Latest 12 quarters shown.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021
Revenue from Operations ₹1,330.12 Cr ₹1,277.19 Cr ₹1,254.86 Cr ₹1,073.33 Cr ₹905.97 Cr ₹723.32 Cr
Other Income ₹12.22 Cr ₹17.46 Cr ₹13.43 Cr ₹10.07 Cr ₹10.89 Cr ₹3.59 Cr
Total Income ₹1,342.33 Cr ₹1,294.65 Cr ₹1,268.29 Cr ₹1,083.4 Cr ₹916.87 Cr ₹726.92 Cr
Cost of Materials Consumed ₹662.2 Cr ₹648.64 Cr ₹655.67 Cr ₹576.33 Cr ₹508.88 Cr ₹363.95 Cr
Purchases of Stock-in-Trade ₹43.23 Cr ₹31.82 Cr ₹26.7 Cr ₹20.57 Cr ₹19.26 Cr ₹17.83 Cr
Changes in Inventories ₹1.03 Cr ₹2.64 Cr -₹28.55 Cr -₹1.64 Cr -₹14.62 Cr -₹5.26 Cr
Employee Benefit Expense ₹117.1 Cr ₹104.27 Cr ₹92.33 Cr ₹73.1 Cr ₹56.33 Cr ₹48.31 Cr
Finance Costs ₹2.39 Cr ₹2.96 Cr ₹1.59 Cr ₹1.38 Cr ₹1.33 Cr ₹3.81 Cr
Depreciation & Amortisation ₹55.43 Cr ₹53.84 Cr ₹46.18 Cr ₹34.35 Cr ₹31.25 Cr ₹24.39 Cr
Other Expenses ₹260.81 Cr ₹258.25 Cr ₹276.02 Cr ₹223.45 Cr ₹200.14 Cr ₹175.98 Cr
Total Expenses ₹1,142.19 Cr ₹1,102.42 Cr ₹1,069.93 Cr ₹927.52 Cr ₹802.57 Cr ₹629.01 Cr
Profit Before Exceptional Items & Tax ₹200.14 Cr ₹192.23 Cr ₹198.36 Cr ₹155.88 Cr ₹114.3 Cr ₹97.91 Cr
Exceptional Items -₹5.85 Cr ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹194.29 Cr ₹192.23 Cr ₹198.36 Cr ₹155.88 Cr ₹114.3 Cr ₹97.91 Cr
Total Tax Expense ₹49.88 Cr ₹48.29 Cr ₹49.71 Cr ₹23.94 Cr ₹30.25 Cr ₹27.06 Cr
Net Profit ₹144.41 Cr ₹143.94 Cr ₹148.65 Cr ₹131.94 Cr ₹84.05 Cr ₹70.85 Cr
Other Comprehensive Income -₹43.16 Lakh -₹23 Lakh -₹6.68 Lakh -₹2.35 Lakh ₹13.36 Lakh -₹10.87 Lakh
Total Comprehensive Income ₹143.97 Cr ₹143.71 Cr ₹148.59 Cr ₹131.92 Cr ₹84.18 Cr ₹70.74 Cr
EBITDA (computed) ₹257.96 Cr ₹249.03 Cr ₹246.13 Cr ₹191.6 Cr ₹146.88 Cr ₹126.11 Cr
Basic EPS ₹30.30 ₹30.22 ₹31.23 ₹27.73 ₹17.67 ₹15.55
Diluted EPS ₹30.20 ₹30.14 ₹31.15 ₹27.67 ₹17.63 ₹15.54
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹1,569.93 Cr ₹1,357.77 Cr ₹1,221.95 Cr ₹1,061.6 Cr
Non-current Assets ₹806.76 Cr ₹711.49 Cr ₹630.33 Cr ₹542.86 Cr
Current Assets ₹763.17 Cr ₹646.29 Cr ₹591.62 Cr ₹518.74 Cr
Property, Plant & Equipment ₹458.85 Cr ₹433.2 Cr ₹458.39 Cr ₹233.84 Cr
Inventories ₹173.07 Cr ₹149.13 Cr ₹166.2 Cr ₹117.66 Cr
Trade Receivables ₹257.29 Cr ₹219.92 Cr ₹204.18 Cr ₹200.11 Cr
Cash & Equivalents ₹28.54 Cr ₹37.09 Cr ₹32.65 Cr ₹47.18 Cr
Equity (Net Worth) ₹1,181.37 Cr ₹1,048.14 Cr ₹915.07 Cr ₹776.13 Cr
Equity Share Capital ₹47.68 Cr ₹47.63 Cr ₹47.62 Cr ₹47.59 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0
Borrowings (Current) ₹0 ₹0 ₹0 ₹0
Total Debt (computed) ₹0 ₹0 ₹0 ₹0
Current Liabilities ₹342.92 Cr ₹269.48 Cr ₹273.77 Cr ₹264.08 Cr
Total Liabilities ₹388.57 Cr ₹309.64 Cr ₹306.88 Cr ₹285.48 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹211.37 Cr ₹204.95 Cr ₹152.1 Cr ₹116.11 Cr ₹65.19 Cr
Investing Cash Flow -₹193.95 Cr -₹175.04 Cr -₹142.82 Cr -₹84.4 Cr -₹69.16 Cr
Financing Cash Flow -₹25.97 Cr -₹25.47 Cr -₹23.81 Cr -₹20.06 Cr -₹5.29 Cr
Capital Expenditure ₹132.86 Cr ₹133.16 Cr ₹101.56 Cr ₹199.26 Cr ₹120.78 Cr
Free Cash Flow (computed) ₹78.51 Cr ₹71.8 Cr ₹50.54 Cr -₹83.14 Cr -₹55.59 Cr
Dividends Paid ₹16.67 Cr ₹16.67 Cr ₹16.66 Cr ₹14.27 Cr ₹0
Net Change in Cash -₹8.55 Cr ₹4.44 Cr -₹14.53 Cr ₹11.65 Cr -₹9.27 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹397.91 Cr ₹338.85 Cr ₹298.5 Cr ₹294.85 Cr ₹367.22 Cr ₹327.48 Cr ₹288.55 Cr ₹293.95 Cr ₹366.14 Cr ₹341.25 Cr ₹270.46 Cr ₹277.02 Cr
Other Income ₹19.03 Lakh ₹3.57 Cr ₹2.74 Cr ₹5.72 Cr ₹5.57 Cr ₹2.96 Cr ₹4.89 Cr ₹4.04 Cr ₹4.05 Cr ₹2.89 Cr ₹2.97 Cr ₹3.52 Cr
Total Income ₹398.1 Cr ₹342.42 Cr ₹301.24 Cr ₹300.58 Cr ₹372.79 Cr ₹330.44 Cr ₹293.44 Cr ₹297.98 Cr ₹370.18 Cr ₹344.13 Cr ₹273.43 Cr ₹280.54 Cr
Cost of Materials Consumed ₹184.48 Cr ₹166.1 Cr ₹150.39 Cr ₹161.23 Cr ₹178.97 Cr ₹164.14 Cr ₹149.09 Cr ₹156.44 Cr ₹172.82 Cr ₹177.81 Cr ₹146.85 Cr ₹158.18 Cr
Purchases of Stock-in-Trade ₹14.44 Cr ₹13.91 Cr ₹8 Cr ₹6.88 Cr ₹7.87 Cr ₹8.31 Cr ₹9.62 Cr ₹6.02 Cr ₹6.76 Cr ₹8.13 Cr ₹5.28 Cr ₹6.53 Cr
Changes in Inventories ₹5.42 Cr -₹77.93 Lakh ₹5.54 Cr -₹9.15 Cr ₹6.2 Cr ₹60.03 Lakh ₹2.45 Cr -₹6.61 Cr ₹6.21 Cr -₹9.96 Cr -₹5.31 Cr -₹19.49 Cr
Employee Benefit Expense ₹30.27 Cr ₹29.5 Cr ₹28.73 Cr ₹28.6 Cr ₹23.33 Cr ₹25.77 Cr ₹27.32 Cr ₹27.86 Cr ₹21.54 Cr ₹24.75 Cr ₹23.45 Cr ₹22.59 Cr
Finance Costs ₹85.48 Lakh ₹45.95 Lakh ₹54.32 Lakh ₹53.3 Lakh ₹1.42 Cr ₹44.86 Lakh ₹57.18 Lakh ₹51.56 Lakh ₹35.5 Lakh ₹34.52 Lakh ₹46.89 Lakh ₹42.16 Lakh
Depreciation & Amortisation ₹14.1 Cr ₹13.84 Cr ₹13.86 Cr ₹13.63 Cr ₹12.07 Cr ₹13.93 Cr ₹13.96 Cr ₹13.88 Cr ₹14.09 Cr ₹13.3 Cr ₹9.99 Cr ₹8.8 Cr
Other Expenses ₹72.6 Cr ₹64.51 Cr ₹60.03 Cr ₹63.67 Cr ₹64.96 Cr ₹71.35 Cr ₹57.48 Cr ₹64.46 Cr ₹76.53 Cr ₹79.6 Cr ₹58.4 Cr ₹61.48 Cr
Total Expenses ₹322.16 Cr ₹287.53 Cr ₹267.1 Cr ₹265.4 Cr ₹294.82 Cr ₹284.55 Cr ₹260.49 Cr ₹262.56 Cr ₹298.3 Cr ₹293.98 Cr ₹239.13 Cr ₹238.51 Cr
Profit Before Exceptional Items & Tax ₹75.95 Cr ₹54.88 Cr ₹34.14 Cr ₹35.18 Cr ₹77.97 Cr ₹45.89 Cr ₹32.95 Cr ₹35.42 Cr ₹71.88 Cr ₹50.15 Cr ₹34.3 Cr ₹42.03 Cr
Exceptional Items ₹0 -₹5.85 Cr ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹75.95 Cr ₹49.03 Cr ₹34.14 Cr ₹35.18 Cr ₹77.97 Cr ₹45.89 Cr ₹32.95 Cr ₹35.42 Cr ₹71.88 Cr ₹50.15 Cr ₹34.3 Cr ₹42.03 Cr
Total Tax Expense ₹19.59 Cr ₹12.87 Cr ₹8.6 Cr ₹8.82 Cr ₹21.07 Cr ₹9.43 Cr ₹8.83 Cr ₹8.96 Cr ₹18.36 Cr ₹12.45 Cr ₹8.16 Cr ₹10.74 Cr
Net Profit ₹56.36 Cr ₹36.16 Cr ₹25.53 Cr ₹26.36 Cr ₹56.9 Cr ₹36.46 Cr ₹24.12 Cr ₹26.46 Cr ₹53.52 Cr ₹37.7 Cr ₹26.14 Cr ₹31.29 Cr
Other Comprehensive Income ₹6.86 Lakh -₹38.52 Lakh -₹5.76 Lakh -₹5.75 Lakh -₹17.99 Lakh -₹1.67 Lakh -₹1.67 Lakh -₹1.67 Lakh -₹4.91 Lakh -₹60,000 -₹58,000 -₹59,000
Total Comprehensive Income ₹56.42 Cr ₹35.78 Cr ₹25.48 Cr ₹26.3 Cr ₹56.72 Cr ₹36.44 Cr ₹24.11 Cr ₹26.44 Cr ₹53.47 Cr ₹37.7 Cr ₹26.13 Cr ₹31.28 Cr
EBITDA (computed) ₹90.9 Cr ₹69.18 Cr ₹48.54 Cr ₹49.33 Cr ₹91.46 Cr ₹60.27 Cr ₹47.48 Cr ₹49.82 Cr ₹86.32 Cr ₹63.79 Cr ₹44.76 Cr ₹51.25 Cr
Basic EPS ₹11.82 ₹7.59 ₹5.36 ₹5.53 ₹11.94 ₹7.66 ₹5.06 ₹5.56 ₹11.24 ₹7.92 ₹5.49 ₹6.58
Diluted EPS ₹11.78 ₹7.56 ₹5.35 ₹5.51 ₹11.92 ₹7.63 ₹5.05 ₹5.54 ₹11.21 ₹7.91 ₹5.48 ₹6.55
Latest 12 quarters shown of 21 on record.
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Shareholding Pattern of Indigo Paints Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 53.88%, foreign institutional investors hold 7.41%, domestic institutional investors hold 23.00%, retail and other public shareholders hold 15.71% of Indigo Paints Limited. The company had 144,361 shareholders on record.

Promoters: 53.88%DII (Domestic Institutional): 23.00%FII (Foreign Institutional): 7.41%Retail & Others: 15.71%
Mar 2026
QUARTER
53.88% Promoters
23.00% DII (Domestic Institutional)
7.41% FII (Foreign Institutional)
15.71% Retail & Others
Promoter holding - history
Now 53.88% · Mar 2026High 54.00% · Jan 2021Low 53.88% · Sep 2025
52%52.8%53.5%54.3%55%Jan 2021Mar 2022Jun 2023Sep 2024Dec 2025Jan 2021: 54.00%Mar 2021: 54.00%Jun 2021: 54.00%Sep 2021: 54.00%Dec 2021: 54.00%Mar 2022: 54.00%Jun 2022: 54.00%Sep 2022: 54.00%Dec 2022: 54.00%Mar 2023: 53.98%Jun 2023: 53.98%Sep 2023: 53.95%Dec 2023: 53.94%Mar 2024: 53.94%Jun 2024: 53.94%Sep 2024: 53.92%Dec 2024: 53.92%Mar 2025: 53.92%Jun 2025: 53.92%Sep 2025: 53.88%Dec 2025: 53.88%Mar 2026: 53.88%54.00%53.88%53.88%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters53.88%53.88%53.88%53.92%53.92%53.92%
Public46.12%46.12%46.12%46.08%46.08%46.08%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Promoters53.88%53.92%53.94%53.98%54.00%54.00%
Public46.12%46.08%46.06%46.02%46.00%46.00%
Promoter change (YoY, %pts)-0.04-0.02-0.04-0.02+0.00-

Board & Governance of Indigo Paints Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Indigo Paints Limited has 8 directors - 5 independent and 2 executive. The board is chaired by Hemant Kamala Jalan.

DirectorPositionOn board sinceListed boards
Hemant Kamala Jalan Executive Director · MD · Chairperson 2000-03-28 2
Narayanankutty Kottiedath Venugopal Executive Director 2016-02-24 1
Ravi Nigam Non-Executive - Independent Director 2019-03-28 1
Sunil Badriprasad Goyal Non-Executive - Independent Director 2014-11-13 3
Praveen Kumar Ramniranjan Tripathi Non-Executive - Independent Director 2014-11-13 1
Ashwini Deshpande Non-Executive - Independent Director 2023-05-26 1
Parag Hemant Jalan Non-Executive - Non Independent Director 2024-05-22 1
Abhay Kumar Pandey Non-Executive - Independent Director 2024-11-07 1
Board Committees
CommitteeMembers
Audit Committee Sunil Badriprasad Goyal (Chairperson), Hemant Kamala Jalan, Ravi Nigam, Praveen Kumar Ramniranjan Tripathi, Ashwini Deshpande, Abhay Kumar Pandey
Nomination and remuneration committee Ravi Nigam (Chairperson), Sunil Badriprasad Goyal, Praveen Kumar Ramniranjan Tripathi, Ashwini Deshpande, Abhay Kumar Pandey
Stakeholders Relationship Committee Ashwini Deshpande (Chairperson), Hemant Kamala Jalan, Narayanankutty Kottiedath Venugopal
Risk Management Committee Narayanankutty Kottiedath Venugopal (Chairperson), Hemant Kamala Jalan, Praveen Kumar Ramniranjan Tripathi, Chetan Humane
Corporate Social Responsibility Committee Hemant Kamala Jalan (Chairperson), Praveen Kumar Ramniranjan Tripathi, Parag Hemant Jalan

Charges & Borrowings of Indigo Paints Limited

Open charges
₹0
Satisfied charges
₹125.37 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹73.22 Cr
Others₹21.27 Cr
Canara Bank₹20.89 Cr
The Federal Bank Limited₹10.00 Cr
Latest charge details
DateLenderAmountStatus
14 Sep 2018 Hdfc Bank Limited ₹33 Cr Satisfied
02 Feb 2018 Others ₹6.5 Lakh Satisfied
02 Jan 2018 Hdfc Bank Limited ₹14.1 Cr Satisfied
07 Aug 2017 Hdfc Bank Limited ₹6 Cr Satisfied
27 Jan 2017 Others ₹6.2 Cr Satisfied

Total charge records: 16 View all charges

Employees and EPFO Compliance at Indigo Paints Limited

Indigo Paints Limited has a workforce of 1,082 employees as of Nov 20, 2024.

Employee count
1,082
Active EPFO establishments
1
Employee growth
18.51%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Indigo Paints Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Indigo Paints Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Indigo Paints Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Indigo Paints Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Indigo Paints Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Indigo Paints Limited

MSME Payment Delays by Indigo Paints Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Indigo Paints Limited

Subsidiaries & Group Companies of Indigo Paints Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Indigo Paints Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Indigo Paints Limited

MCA Filings & Documents of Indigo Paints Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Indigo Paints Limited

Activity
30 Aug 2025
Indigo Paints Limited last Annual general meeting of members was held on 30 Aug 2025 as per latest MCA records.
Directors
03 May 2025
Sayalee Anil Yengul was appointed as a Company Secretary on 03 May 2025 & has been associated with this company since 1 year 2 months.
Activity
31 Mar 2025
Indigo Paints Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Directors
07 Nov 2024
Abhay Kumar Pandey was appointed as a Director on 07 Nov 2024 & has been associated with this company since 1 year 8 months.
Directors
22 May 2024
Parag Hemant Jalan was appointed as a Director on 22 May 2024 & has been associated with this company since 2 years 1 month.
Directors
26 May 2023
Ashwini Ashish Deshpande was appointed as a Director on 26 May 2023 & has been associated with this company since 3 years 1 month.

Recent News on Indigo Paints Limited

Frequently Asked Questions about Indigo Paints Limited

Indigo Paints Limited is an active public limited company in the manufacturing sector based in Pune, Maharashtra, India. It was incorporated on 28 March 2000 (26+ years old) and is registered under CIN L24114PN2000PLC014669. Listed on BSE: 543258 and NSE: INDIGOPNTS. The company has 1,082 employees.

Indigo Paints Limited reported revenue of ₹1,359.17 Cr for FY 2025 (up 3.00% YoY).

The current directors of Indigo Paints Limited are:

The primary industry of Indigo Paints Limited is manufacturing. The company specifically operates in paint and coatings. The company is currently active in this sector.

Yes. Indigo Paints Limited is listed on both BSE (code: 543258) and NSE (symbol: INDIGOPNTS).

Indigo Paints Limited can be reached at the registered office: Indigo Tower Street – 5 Pallod Farm – 2 Baner Road, Pune, Maharashtra, India – 411045, or through the website indigopaints.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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