Indigo Paints Reports 3.5% Standalone Revenue Growth in Q2 FY26 Amid Extended Monsoon

Indigo Paints Limited, a prominent player in the Indian paint industry, has released its financial results for the second quarter of fiscal year 2026, showcasing resilience in the face of challenging weather conditions.

Standalone Performance

Despite an extended monsoon season, Indigo Paints demonstrated growth on a standalone basis:

Metric	Q2 FY26	Q2 FY25	YoY Change
Net Revenue	298.50	288.50	+3.5%
EBITDA	45.80	42.60	+7.5%
Net Profit	25.50	24.10	+5.8%

The company maintained its industry-leading gross margin, which expanded from 44.1% to 45.1% year-on-year, despite the seasonally weak quarter. This improvement is attributed to the company's focus on premiumization.

Margin Improvements

Indigo Paints reported notable improvements in its margins:

EBITDA Margin: Increased from 14.8% in Q2 FY25 to 15.3% in Q2 FY26
PAT Margin: Stood at 8.5% for the quarter

Consolidated Results

On a consolidated basis, Indigo Paints reported even stronger growth:

Metric	Q2 FY26	Q2 FY25	YoY Change
Net Revenue	312.10	299.50	+4.2%
EBITDA	46.50	41.50	+12.1%
Net Profit	25.20	22.30	+13.5%

The consolidated growth was bolstered by the strong performance of its subsidiary, Apple Chemie Pvt Ltd, which recorded a robust growth of 22.6%.

Half-Year Performance

For the first half of FY26, Indigo Paints reported:

Standalone revenue growth of 1.9% to Rs 582.5 crore
Consolidated revenue growth of 1.7% to Rs 620.9 crore

Financial Position

As of September 30, 2025, Indigo Paints maintains a strong financial position:

Cash and cash equivalents: Rs 908.98 lakh
Investments: Rs 24,890.10 lakh
Total assets: Rs 1,47,001.34 lakh

The company's balance sheet reflects a solid foundation for future growth and expansion initiatives.

Indigo Paints' ability to deliver growth and improve margins, even in a challenging quarter affected by extended monsoons, underscores its operational efficiency and market positioning. The company's focus on premiumization and the strong performance of its subsidiary indicate a well-rounded strategy for sustained growth in the competitive paint industry.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.44%	-2.01%	-8.36%	+2.01%	-39.56%	-68.21%

InterGlobe Aviation, the parent company of India's largest airline IndiGo, has recently executed a significant block trade on the National Stock Exchange (NSE). The transaction, valued at Rs. 78.85 crores, involved the exchange of approximately 135,878 shares.

Transaction Details

Aspect	Details
Company	InterGlobe Aviation
Transaction Type	Block Trade
Exchange	National Stock Exchange (NSE)
Total Value	Rs. 78.85 crores
Number of Shares	Approximately 135,878
Price per Share	Rs. 5,803.00

This block trade represents a significant transaction in InterGlobe Aviation's shares. Block trades are typically large, privately negotiated transactions between two parties, often executed outside of the open market to avoid impacting the stock's price.

The execution of this block trade at Rs. 5,803.00 per share provides a snapshot of the current valuation of InterGlobe Aviation's stock by large market participants. However, it's important to note that the reasons behind this transaction and the parties involved have not been disclosed in the available information.

Investors and market analysts may want to monitor InterGlobe Aviation's stock performance and any subsequent announcements from the company that might provide context for this significant trade. As always, market participants should conduct their own research and consider their investment goals before making any financial decisions based on this information.