Integrated Filing — IndAS



General information about company
Scrip Code 543258
NSE Symbol INDIGOPNTS
MSEI Symbol NOTLISTED
ISIN INE09VQ01012
Name of company Indigo Paints Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 24-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Paints
Start date and time of board meeting 24-May-2025   16:10:00
End date and time of board meeting 24-May-2025   18:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 3875581000 13406729000
Other income 60260000 184958000
Total income 3935841000 13591687000
2 Expenses
(a) Cost of materials consumed 1916336000 6890098000
(b) Purchases of stock-in-trade 78728000 318158000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 65779000 28417000
(d) Employee benefit expense 256252000 1136880000
(e) Finance costs 15493000 35007000
(f) Depreciation, depletion and amortisation expense 132333000 585261000
(f) Other Expenses
1 Consumption of stores and spares 8803000 44115000
2 Contract labour charges 32703000 133635000
3 Power and fuel 18828000 75078000
4 Freight and forwarding charges 304866000 1156834000
5 Lease Rent 176000 1367000
6 Rates and Taxes 1464000 8331000
7 Repairs and Maintenance 16995000 61761000
8 Advertisement and Sales Promotion 188977000 837514000
9 Travelling and conveyance 52254000 203013000
10 Other Expenses 59207000 176679000
Total other expenses 684273000 2698327000
Total expenses 3149194000 11692148000
3 Total profit before exceptional items and tax 786647000 1899539000
4 Exceptional items 0 0
5 Total profit before tax 786647000 1899539000
6 Tax expense
7 Current tax 170472000 432188000
8 Deferred tax 42128000 45704000
9 Total tax expenses 212600000 477892000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 574047000 1421647000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 574047000 1421647000
17 Other comprehensive income net of taxes -1099000 -995000
18 Total Comprehensive Income for the period 572948000 1420652000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 568990000 1417589000
Total profit or loss, attributable to non-controlling interests 5057000 4058000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 567705000 1416112000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 5243000 4540000
21 Details of equity share capital
Paid-up equity share capital 476347000 476347000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 9829447000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 11.94 29.76
Diluted earnings (loss) per share from continuing operations 11.91 29.68
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 11.94 29.76
Diluted earnings (loss) per share from continuing and discontinued operations 11.91 29.68
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 4452815000
Capital work-in-progress 1357725000
Investment property
Goodwill 398752000
Other intangible assets 188680000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 25669000
Total non-current financial assets 25669000
Deferred tax assets (net)
Other non-current assets 828224000
Total non-current assets 7251865000
2 Current assets
Inventories 1535781000
Current financial asset
Current investments 2261039000
Trade receivables, current 2438609000
Cash and cash equivalents 371099000
Bank balance other than cash and cash equivalents 87000
Loans, current 0
Other current financial assets 3660000
Total current financial assets 5074494000
Current tax assets (net)
Other current assets 239626000
Total current assets 6849901000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 14101766000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 476347000
Other equity 9829447000
Total equity attributable to owners of parent 10305794000
Non controlling interest
Total equity 10305794000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 8834000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 574434000
Total non-current financial liabilities 583268000
Provisions, non-current 4700000
Deferred tax liabilities (net) 236874000
Deferred government grants, Non-current
Other non-current liabilities 83441000
Total non-current liabilities 908283000
Current liabilities
Current financial liabilities
Borrowings, current 55233000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 263529000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1503573000
Total Trade payable 1767102000
Other current financial liabilities 351086000
Total current financial liabilities 2173421000
Other current liabilities 575033000
Provisions, current 12653000
Current tax liabilities (Net) 126582000
Deferred government grants, Current
Total current liabilities 2887689000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 3795972000
Total equity and liabilites 14101766000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gain/(loss) on defined benefit plans -1577000 -1438000
Total Amount of items that will not be reclassified to profit and loss -1577000 -1438000
2 Income tax relating to items that will not be reclassified to profit or loss -478000 -443000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income -1099000 -995000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1899539000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 35007000
Adjustments for decrease (increase) in inventories 170157000
Adjustments for decrease (increase) in trade receivables, current -211978000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 156623000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -925000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -526841000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 423626000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 585261000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -49200000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 2518000
Adjustments for share-based payments 60101000
Adjustments for fair value losses (gains) -171155000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -2616000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 465542000
Net cash flows from (used in) operations 2365081000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 308493000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 2056588000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 240018000
Other cash payments to acquire equity or debt instruments of other entities 663001000
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 7128000
Purchase of property, plant and equipment 1362017000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 2562000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -1775310000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 137000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 43230000
Repayments of borrowings 9970000
Payments of lease liabilities 73741000
Dividends paid 166673000
Interest paid 32318000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -239335000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 41943000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 41943000
Cash and cash equivalents cash flow statement at beginning of period 329156000
Cash and cash equivalents cash flow statement at end of period 371099000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Price Waterhouse Chartered Accountants LLP Yes 30-Nov-2026