Indigo Paints Ltd (NSE:INDIGOPNTS)
₹ 1,200.4 +0.30 (+0.02%) Market Cap: 57.18 Bil Enterprise Value: 54.86 Bil PE Ratio: 40.46 PB Ratio: 5.56 GF Score: 84/100

Q3 2025 Indigo Paints Ltd Earnings Call Transcript

Feb 10, 2025 / 12:30 PM GMT
Release Date Price: ₹1241.4 (-1.10%)

Key Points

Positve
  • Indigo Paints Ltd (BOM:543258) maintained a strong gross margin of 47.2%, despite a slight decline from the previous year.
  • The company reported a 2.8% value growth in the emulsion category, indicating strong performance in premium emulsions.
  • Indigo Paints Ltd (BOM:543258) has expanded its network, with 18,600 active dealers and 10,800 tinting machines as of December 2024.
  • The company's subsidiary, Apple Cami, achieved a 20.6% top-line growth in Q3 FY25.
  • Indigo Paints Ltd (BOM:543258) continues to invest in sustainability initiatives, such as installing rooftop solar panels at its Cochin facility.
Negative
  • The company reported a negative top-line growth of 4.0% in Q3 FY25 compared to the same quarter last year.
  • EBITA decreased by 5.9% to 57.3 crores in Q3 FY25, with a margin decline from 17.8% to 16.7%.
  • Persistent demand slowdown has impacted sales, with a notable decline in volumes across most segments.
  • The company's CapEx projects in Jodhpur have faced minor delays, potentially affecting future capacity expansion.
  • Indigo Paints Ltd (BOM:543258) experienced a 3.3% decrease in PAT to 36.5 crores in Q3 FY25.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

INDG.NS - Indigo Paints Ltd
Q3 2025 Indigo Paints Ltd Earnings Call
Feb 10, 2025 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to IndiGo Paints Q3 FY25 earnings conference call. As a reminder, all participant clients will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the conference call, please signal an operator by pressing then 0 on your touch on phone.

Please note that this conference is being recorded.

I now hand the conference over to Mr. Anirud the Joshi from ICICI Securities.

Thank you and over to you, sir.

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Unidentified_2 [2]
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