Indigo Paints Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	14,050	13,407	13,061	10,733	9,060
Other Revenue	129.62	-	-	-	-
Revenue	14,180	13,407	13,061	10,733	9,060
Revenue Growth (YoY)	5.77%	2.65%	21.68%	18.47%	25.25%
Cost of Revenue	7,514	7,298	6,893	5,991	5,169
Gross Profit	6,665	6,108	6,168	4,742	3,891
Selling, General & Admin	1,269	1,976	1,927	1,558	1,444
Other Operating Expenses	2,719	1,798	1,860	1,369	1,086
Operating Expenses	4,590	4,359	4,303	3,271	2,843
Operating Income	2,075	1,750	1,865	1,472	1,048
Interest Expense	-29.2	-32.34	-20.47	-	-1.06
Interest & Investment Income	-	2.52	1.87	10.37	60.6
Currency Exchange Gain (Loss)	-	4.68	4.03	-0.29	2.07
Other Non Operating Income (Expenses)	-	129.84	92.17	67.03	34.02
EBT Excluding Unusual Items	2,046	1,854	1,942	1,549	1,144
Gain (Loss) on Sale of Investments	-	41.66	36.4	-	-
Gain (Loss) on Sale of Assets	-	3.59	6.96	9.81	-0.56
Other Unusual Items	-61.33	-	-	-	-
Pretax Income	1,985	1,900	1,986	1,559	1,143
Income Tax Expense	508.51	477.89	497.53	239.38	302.48
Earnings From Continuing Operations	1,476	1,422	1,488	1,319	840.48
Minority Interest in Earnings	-25.33	-4.06	-15.09	-	-
Net Income	1,451	1,418	1,473	1,319	840.48
Net Income to Common	1,451	1,418	1,473	1,319	840.48
Net Income Growth	2.34%	-3.77%	11.66%	56.98%	18.63%
Shares Outstanding (Basic)	48	48	48	48	48
Shares Outstanding (Diluted)	48	48	48	48	48
Shares Change (YoY)	0.12%	0.07%	0.07%	0.01%	4.58%
EPS (Basic)	30.44	29.76	30.95	27.73	17.67
EPS (Diluted)	30.34	29.68	30.87	27.67	17.63
EPS Growth	2.22%	-3.85%	11.56%	56.95%	13.45%
Free Cash Flow	876.41	694.57	466.42	-831.44	-555.93
Free Cash Flow Per Share	18.33	14.54	9.77	-17.43	-11.66
Dividend Per Share	-	3.500	3.500	3.500	3.000
Dividend Growth	-	-	-	16.67%	-
Gross Margin	47.01%	45.56%	47.22%	44.18%	42.95%
Operating Margin	14.63%	13.05%	14.28%	13.71%	11.57%
Profit Margin	10.23%	10.57%	11.28%	12.29%	9.28%
Free Cash Flow Margin	6.18%	5.18%	3.57%	-7.75%	-6.14%
EBITDA	2,677	2,257	2,312	1,759	1,314
EBITDA Margin	18.88%	16.84%	17.70%	16.39%	14.50%
D&A For EBITDA	602.21	507.47	446.97	287.02	265.62
EBIT	2,075	1,750	1,865	1,472	1,048
EBIT Margin	14.63%	13.05%	14.28%	13.71%	11.57%
Effective Tax Rate	25.62%	25.16%	25.05%	15.36%	26.46%
Revenue as Reported	14,180	13,592	13,203	10,834	9,169
Advertising Expenses	-	837.51	931.89	826.95	880.63

Source: S&P Global Market Intelligence. Standard template. Financial Sources.