Indigo Paints Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook
- April 21, 2026
- Posted by: Ekta Dhawan
- Category: News
Indigo Paints (INDIGOPNTS) Q4 FY26 results are expected on May 2026. Analyst consensus estimates revenue at Rs 320–360 Cr and PAT at Rs 40–52 Cr for the January to March 2026 quarter. This article covers what analysts are expecting, five key growth factors to watch, risks to the investment thesis, and a complete FAQ section for investors.
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Indigo Paints Q4 FY26 Results Overview
| Company | Indigo Paints |
| NSE Ticker | INDIGOPNTS |
| Sector | Paints / Decorative / Specialty |
| CMP (April 2026) | Rs 1,250 |
| 52-Week High | Rs 1,800 |
| 52-Week Low | Rs 1,050 |
| Q4 FY26 Results Date | May 2026 |
| Revenue Estimate | Rs 320–360 Cr |
| PAT Estimate | Rs 40–52 Cr |
| Key Margin Metric | EBITDA 18–21% |
Data from NSE/BSE and analyst estimates. April 2026. Verify before investing.
Track live Indigo Paints price and analyst targets on the Univest Screener.
What to Expect from Indigo Paints Q4 FY26
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Indigo Paints is expected to report Q4 FY26 results on May 2026. The board meeting will consider the financial results for the quarter ended March 31, 2026. Revenue is estimated at Rs 320–360 Cr and PAT at Rs 40–52 Cr, with EBITDA 18–21% as the key operational metric. India’s Q4 FY26 earnings season runs through April and May 2026, with the Nifty 50 aggregate PAT growth expected at 8 to 12 percent YoY. Key themes across the season include margin recovery, capex normalisation, and FY27 guidance.
Budget 2026-27 Impact on Paints
Union Budget 2026-27 continued strong support for the Paints sector through PLI scheme continuation, infrastructure capex of Rs 11.21 lakh crore, and consumption-led demand incentives. The US 26 percent reciprocal tariff announced April 2, 2026 has created FII outflow pressure across Indian equities, but domestic policy support provides a buffer for Indigo Paints’s core business segments heading into Q4 FY26.
Q4 FY26 Estimates Table
| Metric | Q4 FY26 Estimate | Q4 FY25 Actual | YoY Change |
|---|---|---|---|
| Revenue | Rs 320–360 Cr | Verify on NSE | 10–15% YoY est |
| PAT | Rs 40–52 Cr | Verify on NSE | 12–18% YoY est |
| EBITDA | EBITDA 18–21% | Verify on NSE | Stable to improving |
Estimates from analyst consensus. Actual results may differ. Verify before investing.
5 Key Growth Factors to Watch in Indigo Paints Q4 FY26 Results
1. Revenue Growth Momentum — 15 percent or more YoY
Analysts tracking Indigo Paints will monitor Revenue Growth Momentum — 15 percent or more YoY closely in Q4 FY26 results on May 2026. This factor directly drives the FY27 earnings trajectory and determines whether the stock re-rates toward analyst target levels. Track live data on the Univest Screener.
2. EBITDA Margin Expansion — 50 to 100 bps
Analysts tracking Indigo Paints will monitor EBITDA Margin Expansion — 50 to 100 bps closely in Q4 FY26 results on May 2026. This factor directly drives the FY27 earnings trajectory and determines whether the stock re-rates toward analyst target levels. Track live data on the Univest Screener.
3. Working Capital Efficiency Improvement
Analysts tracking Indigo Paints will monitor Working Capital Efficiency Improvement closely in Q4 FY26 results on May 2026. This factor directly drives the FY27 earnings trajectory and determines whether the stock re-rates toward analyst target levels. Track live data on the Univest Screener.
4. FY27 Earnings Recovery Trajectory
Analysts tracking Indigo Paints will monitor FY27 Earnings Recovery Trajectory closely in Q4 FY26 results on May 2026. This factor directly drives the FY27 earnings trajectory and determines whether the stock re-rates toward analyst target levels. Track live data on the Univest Screener.
5. Industry Tailwind — Structural Demand
Analysts tracking Indigo Paints will monitor Industry Tailwind — Structural Demand closely in Q4 FY26 results on May 2026. This factor directly drives the FY27 earnings trajectory and determines whether the stock re-rates toward analyst target levels. Track live data on the Univest Screener.
Download the Univest iOS App or Android App for live Q4 FY26 results alerts and SEBI-registered analyst research on Indigo Paints.
5 Risk Factors for Indigo Paints Investors
1. US Tariff Macro Headwinds and FII Outflows
US Tariff Macro Headwinds and FII Outflows is a key monitorable for Indigo Paints investors. Management commentary on this in the Q4 FY26 results call will determine near-term price direction.
2. Valuation Requiring Consistent Execution
Valuation Requiring Consistent Execution is a key monitorable for Indigo Paints investors. Management commentary on this in the Q4 FY26 results call will determine near-term price direction.
3. Competition — Domestic and Global
Competition — Domestic and Global is a key monitorable for Indigo Paints investors. Management commentary on this in the Q4 FY26 results call will determine near-term price direction.
4. Raw Material and Input Cost Volatility
Raw Material and Input Cost Volatility is a key monitorable for Indigo Paints investors. Management commentary on this in the Q4 FY26 results call will determine near-term price direction.
5. Macro Sensitivity — GDP and Rate Cycle
Macro Sensitivity — GDP and Rate Cycle is a key monitorable for Indigo Paints investors. Management commentary on this in the Q4 FY26 results call will determine near-term price direction.
Analyst Ratings and Targets for Indigo Paints
| Brokerage | Rating | 12M Target | Thesis |
|---|---|---|---|
| MOFSL | Buy | Rs 1,500 | FY27 earnings recovery; Paints sector leadership |
| YES Securities | Buy | Rs 1,525 | Quality execution; accumulate at support |
| Kotak Institutional | Add | Rs 1,437 | Monitor Q4 FY26 result vs estimates closely |
| JM Financial | Neutral | Consensus | Await Q4 FY26 result clarity |
Analyst targets are estimates as of April 2026. These are not guaranteed returns. Verify before investing.
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Q4 FY26 Earnings Calendar — Other Major Companies
| Company | Results Date |
|---|---|
| Infosys | Apr 23, 2026 |
| IndusInd Bank | Apr 24, 2026 |
| InterGlobe Aviation (IndiGo) | Apr 28, 2026 |
| Indigo Paints | May 2026 |
For the full Q4 FY26 results calendar, visit Univest Blogs.
Discover Paints stocks with strong Q4 FY26 performance on the Univest Screener.
Conclusion
Indigo Paints (INDIGOPNTS) Q4 FY26 results on May 2026 are a key earnings event for investors in the Paints / Decorative / Specialty sector. Analyst consensus expects revenue of Rs 320–360 Cr and PAT of Rs 40–52 Cr. A beat versus estimates supports the bull case for re-rating toward analyst targets. A miss increases downside risk. Monitor results live and get instant research alerts on the Univest Screener or the Univest App. For more Q4 FY26 results previews, visit Univest Blogs.
Disclaimer: Investments in securities are subject to market risk. Please read all related documents before investing. This content is for educational purposes only and does not constitute investment advice. All analyst estimates and targets are sourced from publicly available research and may change. Verify all numbers on NSE/BSE before investing. Consult a SEBI-registered financial advisor before making any investment decisions.
Frequently Asked Questions
Q: When is Indigo Paints Q4 FY26 results date?
Indigo Paints Q4 FY26 results are expected on May 2026. The board meeting will consider the quarterly financials for January to March 2026. Track the announcement on NSE or the Univest Screener.
Q: What is Indigo Paints Q4 FY26 revenue estimate?
Analyst consensus estimates Indigo Paints Q4 FY26 revenue at Rs 320–360 Cr. Actual results may differ. Verify with MOFSL, YES Securities, or Kotak research once declared on May 2026.
Q: What is Indigo Paints Q4 FY26 PAT estimate?
Analyst consensus expects Indigo Paints Q4 FY26 PAT at Rs 40–52 Cr. This is an estimate based on publicly available research — actual results may vary. Track results live on the Univest Screener.
Q: Is Indigo Paints a buy before Q4 FY26 results?
This article does not constitute investment advice. Investors should review actual Q4 FY26 results before making investment decisions. A beat versus estimates typically supports price recovery; a miss increases downside risk. Consult a SEBI-registered financial advisor.
Q: What is Indigo Paints current share price?
Indigo Paints (NSE: INDIGOPNTS) is trading at Rs 1,250 as of April 2026. Track the live price, FII or DII flows, and analyst ratings on the Univest Screener at univest.in/screeners.
Q: What are the key factors to watch in Indigo Paints Q4 FY26?
Key factors for Indigo Paints Q4 FY26 include: Revenue Growth Momentum — 15 percent or more YoY, EBITDA Margin Expansion — 50 to 100 bps, Working Capital Efficiency Improvement. Track all these metrics on the Univest Screener.
Q: What is Indigo Paints FY27 outlook?
Analyst consensus expects Indigo Paints to deliver 12 to 18 percent earnings growth in FY27 — contingent on macro stabilisation, sector tailwinds, and execution on the growth plan outlined in Q4 FY26 management commentary.
Q: Where to track Indigo Paints Q4 FY26 results live?
Track Indigo Paints Q4 FY26 results live on the Univest Screener at univest.in/screeners. Download the Univest iOS or Android App for instant research alerts when results are declared on May 2026.
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