Indigo Paints Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	13,673	13,407	13,061	10,733	9,060	7,233
Other Revenue	2.07	-	-	-	-	-
Revenue	13,675	13,407	13,061	10,733	9,060	7,233
Revenue Growth (YoY)	2.20%	2.65%	21.68%	18.47%	25.25%	15.77%
Cost of Revenue	7,427	7,298	6,893	5,991	5,169	3,791
Gross Profit	6,247	6,108	6,168	4,742	3,891	3,443
Selling, General & Admin	2,036	1,976	1,927	1,558	1,444	1,256
Other Operating Expenses	1,743	1,798	1,860	1,369	1,086	960.96
Operating Expenses	4,361	4,359	4,303	3,271	2,843	2,461
Operating Income	1,887	1,750	1,865	1,472	1,048	981.56
Interest Expense	-32.55	-32.34	-20.47	-	-1.06	-30.4
Interest & Investment Income	2.52	2.52	1.87	10.37	60.6	15.83
Currency Exchange Gain (Loss)	4.68	4.68	4.03	-0.29	2.07	1.54
Other Non Operating Income (Expenses)	129.84	129.84	92.17	67.03	34.02	10.83
EBT Excluding Unusual Items	1,991	1,854	1,942	1,549	1,144	979.36
Gain (Loss) on Sale of Investments	41.66	41.66	36.4	-	-	-
Gain (Loss) on Sale of Assets	3.59	3.59	6.96	9.81	-0.56	-0.29
Other Unusual Items	-61.33	-	-	-	-	-
Pretax Income	1,975	1,900	1,986	1,559	1,143	979.07
Income Tax Expense	516.76	477.89	497.53	239.38	302.48	270.57
Earnings From Continuing Operations	1,458	1,422	1,488	1,319	840.48	708.5
Minority Interest in Earnings	-15.41	-4.06	-15.09	-	-	-
Net Income	1,443	1,418	1,473	1,319	840.48	708.5
Net Income to Common	1,443	1,418	1,473	1,319	840.48	708.5
Net Income Growth	4.17%	-3.77%	11.66%	56.98%	18.63%	48.18%
Shares Outstanding (Basic)	48	48	48	48	48	46
Shares Outstanding (Diluted)	48	48	48	48	48	46
Shares Change (YoY)	0.13%	0.07%	0.07%	0.01%	4.58%	0.06%
EPS (Basic)	30.28	29.76	30.95	27.73	17.67	15.55
EPS (Diluted)	30.18	29.68	30.87	27.67	17.63	15.54
EPS Growth	4.02%	-3.85%	11.56%	56.95%	13.45%	48.10%
Free Cash Flow	-	694.57	466.42	-831.44	-555.93	552.74
Free Cash Flow Per Share	-	14.54	9.77	-17.43	-11.66	12.12
Dividend Per Share	-	3.500	3.500	3.500	3.000	-
Dividend Growth	-	-	-	16.67%	-	-
Gross Margin	45.69%	45.56%	47.22%	44.18%	42.95%	47.60%
Operating Margin	13.80%	13.05%	14.28%	13.71%	11.57%	13.57%
Profit Margin	10.55%	10.57%	11.28%	12.29%	9.28%	9.79%
Free Cash Flow Margin	-	5.18%	3.57%	-7.75%	-6.14%	7.64%
EBITDA	2,440	2,257	2,312	1,759	1,314	1,188
EBITDA Margin	17.84%	16.84%	17.70%	16.39%	14.50%	16.43%
D&A For EBITDA	552.85	507.47	446.97	287.02	265.62	206.5
EBIT	1,887	1,750	1,865	1,472	1,048	981.56
EBIT Margin	13.80%	13.05%	14.28%	13.71%	11.57%	13.57%
Effective Tax Rate	26.16%	25.16%	25.05%	15.36%	26.46%	27.63%
Revenue as Reported	13,860	13,592	13,203	10,834	9,169	7,269
Advertising Expenses	-	837.51	931.89	826.95	880.63	770.6

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.