Indigo Paints Limited (INDIGOPNTS) — Board Meeting | 13 August 2026(2 announcements)

Indigo Paints announced the outcome of its board meeting held on August 13, 2026, where directors approved exploring the acquisition of an additional 11% stake in its subsidiary Apple Chemie India Private Limited, subject to definitive agreements and regulatory compliance. The meeting ran from 1:50 p.m. to 4:20 p.m. IST and will be posted on the company's investor website.

Indigo Paints reported August 13, 2026 board approval of unaudited consolidated and standalone financial results for Q1 FY27 (ended June 30, 2026). Consolidated revenue rose 19.7% YoY to Rs 369.7 crores, with EBITDA up 40% to Rs 62.0 crores and net profit up 60% to Rs 41.7 crores. Standalone revenue grew 18.7% to Rs 350.0 crores, EBITDA increased 42% to Rs 61.9 crores, and net profit surged 60.7% to Rs 42.4 crores. Margins expanded significantly, with EBITDA margin rising to 17.7% from 14.8% and PAT margin to 11.8% from 8.8%. The press release highlighted sustained growth momentum, double-digit volume and value growth, and healthy gross margins despite supply chain challenges. The board also reviewed the impact of new labour codes, recognizing an INR 613.31 lakh exceptional item related to past service costs.