Indigo Paints Limited — Investor Meet, 29-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Indigo Paints' Q4 FY26 revenue rose 8.4% YoY to ₹397.9 Cr, with robust Gross Margin at 48.6% and EBITDA margin at 23%. Full-year revenue reached ₹1,330 Cr, growing 4.1% YoY. Management is taking an aggressive stance for FY27, prioritizing market share gains and faster-than-industry top-line growth. They are prepared for slight moderation in gross margins if needed, while aiming for stable EBITDA margins. The new Jodhpur water-based plant comes online in June, and no major capital expenditure is planned until FY29, signalling strong free cash flow generation ahead. The Board has proposed a 43% higher dividend. A confident outlook on growth.