Indigo Paints Limited — PPTs, 07-08-2025: Investor Presentation

**1. Financial Highlights:**

Indigo Paints' Q1 FY26 standalone revenue was 294.9 Cr (+0.3% YoY), impacted by early monsoons. Standalone EBITDA was 43.6 Cr (-4.7%) and PAT 26.4 Cr (-0.4%). Gross margins strong at 46.1%, maintaining industry leadership. A&P spend decreased.

**2. Strategic Initiatives & Growth Drivers:**

"Indigo Paints 2.0" drives growth via product innovation, geographic expansion, and capacity augmentation (new plants commissioning FY26). Digital brand promotion and adjacency expansion through Apple Chemie are key.

**3. Business Developments:**

Network expansion continued with 18,556 dealers. The 51% Apple Chemie stake targets construction chemicals, though Q1 revenue was impacted by monsoons affecting infrastructure.

**4. Market Position & Competitive Advantage:**

The company maintains industry-leading gross margins with differentiated products. It's actively fortifying market presence across tiers.

**5. Investor Implications:**

Despite Q1 headwinds, outlook suggests positive growth potential for Q2/FY26. Demand recovery and moderating raw material costs should drive improved FY26 EBITDA margins, signaling profitable expansion.