Indigo Paints' Q2 FY 2025-26 Quarterly Results

Result Summary

• Indigo Paints Ltd reported a 0.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 3.4%.
• Its expenses for the quarter were up by 0.4% QoQ and 2.6% YoY.
• The net profit decreased 3.1% QoQ and increased 13.4% YoY.
• The earnings per share (EPS) of Indigo Paints Ltd stood at 5.26 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Indigo Paints Ltd is a prominent entity operating in the paints and coatings industry, primarily known for its extensive range of decorative paints. The company offers various products including interior and exterior emulsions, enamels, wood coatings, and primers. As a key player in the Indian market, Indigo Paints has been known for its innovative approach, offering unique products that differentiate it from competitors. Recent developments in the company or industry are not specified in the provided data. However, the company is typically involved in strategic expansions and product innovations to increase its market share and reach.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Indigo Paints Ltd reported a total income of ₹315.05 crores. This marks a slight quarter-over-quarter (QoQ) increase of 0.1% compared to ₹314.82 crores in Q1FY26, and a year-over-year (YoY) increase of 3.4% from ₹304.65 crores in Q2FY25. The steady rise in total income reflects the company's ability to maintain growth despite potential market challenges. Such consistency in revenue generation is crucial for sustaining business operations and supporting future growth initiatives.

Profitability

For the same quarter, the profit before tax (PBT) stood at ₹33.77 crores, which represents a QoQ decrease of 2.8% from ₹34.75 crores in Q1FY26. However, it indicates a YoY growth of 10.5% from ₹30.55 crores in Q2FY25. The tax expenses for Q2FY26 were ₹8.52 crores, showing a minor decrease of 2.1% from ₹8.70 crores in Q1FY26, and a slight increase of 2.7% from ₹8.30 crores in Q2FY25. Consequently, the profit after tax (PAT) for the quarter was ₹25.25 crores, reflecting a QoQ dip of 3.1% from ₹26.05 crores in Q1FY26 but a notable YoY rise of 13.4% from ₹22.26 crores in Q2FY25. This indicates a strong YoY profitability despite a marginal decline on a quarterly basis.

Operating Metrics

In terms of operational performance, Earnings Per Share (EPS) for Indigo Paints Ltd in Q2FY26 was ₹5.26. This represents a QoQ decrease of 3.0% from ₹5.42 in the previous quarter, Q1FY26. However, when compared to Q2FY25, there is an 11.0% increase from ₹4.74, indicating improved earnings over the year. Additionally, total expenses in Q2FY26 amounted to ₹281.29 crores, which is a 0.4% increase from ₹280.06 crores in Q1FY26 and a 2.6% rise from ₹274.10 crores in Q2FY25. These metrics highlight the company's cost management and its impact on overall profitability.

This analysis, based on the provided financial data, offers a snapshot of Indigo Paints Ltd's financial health and operational efficiency for the specified period.