Results Snapshot
Figures in Cr
Consolidated - Balance Sheet Results
Mar'26
Mar'25
Mar'24
Mar'23
EQUITY AND LIABILITIES
No of Months
12
12
12
12
Share Capital
47.68
47.63
47.62
47.59
Share Warrants & Outstandings
Total Reserve
1,106.29
982.94
854.52
728.54
Shareholder's Funds
1,153.97
1,030.58
902.14
776.13
Minority Interest
0.00
0.00
0.00
0.00
Long-Term Borrowings
1.91
2.42
2.28
0.00
Secured Loans
1.55
1.96
1.68
0.00
Unsecured Loans
0.35
0.46
0.61
0.00
Deferred Tax Assets / Liabilities
25.70
23.69
20.05
6.94
Other Long Term Liabilities
78.24
65.79
57.54
11.74
Long Term Trade Payables
0.00
0.00
0.00
0.00
Long Term Provisions
3.45
0.47
3.05
2.72
Total Non-Current Liabilities
107.65
90.83
82.14
21.40
Current Liabilities
Trade Payables
217.96
176.71
228.99
199.14
Other Current Liabilities
145.03
105.27
52.13
58.09
Short Term Borrowings
1.65
5.52
1.57
0.00
Short Term Provisions
2.70
1.27
3.46
6.85
Total Current Liabilities
367.33
288.77
286.15
264.08
Total Liabilities
1,628.95
1,410.18
1,270.43
1,061.60
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00
Gross Block
771.88
695.77
671.52
309.10
Less: Accumulated Depreciation
243.15
191.74
142.05
98.71
Less : Impairment of Assets
0.00
0.00
0.00
0.00
Net Block
528.74
504.02
529.47
210.39
Lease Adjustment
0.00
0.00
0.00
0.00
Capital Work in Progress
220.19
135.77
17.42
250.91
Intangible assets under development
0.00
0.00
0.00
0.00
Pre-operative Expenses pending
0.00
0.00
0.00
0.00
Assets in transit
0.00
0.00
0.00
0.00
Non Current Investments
0.00
0.00
0.00
0.00
Long Term Loans & Advances
7.17
21.58
37.24
27.25
Other Non Current Assets
0.10
0.09
0.02
0.01
Total Non-Current Assets
817.56
725.19
645.80
542.86
Current Assets Loans & Advances
Current Investments
299.83
226.10
166.71
131.69
Inventories
178.23
153.58
170.59
117.66
Sundry Debtors
285.51
243.86
223.11
200.11
Cash and Bank
32.13
37.12
32.93
48.79
Other Current Assets
4.16
2.43
4.61
1.81
Short Term Loans and Advances
11.52
21.89
26.68
18.68
Total Current Assets
811.39
684.99
624.62
518.74
Net Current Assets (Including Current Investments)
444.06
396.22
338.48
254.66
Total Current Assets Excluding Current Investments
511.55
458.89
457.91
387.05
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
Total Assets
1,628.95
1,410.18
1,270.43
1,061.60
Contingent Liabilities
29.42
23.47
21.61
31.80
Total Debt
0.26
4.87
2.30
0.00
Book Value per share (adjusted)
242.05
216.35
189.44
163.09
Balance Sheet Analysis Highlights
Borrowings
YoY Growth in year ended Mar 2026 is -70.20% vs 108.12% in Mar 2025
Other Long Term Liabilities
YoY Growth in year ended Mar 2026 is 18.92% vs 14.34% in Mar 2025
Fixed Assets
YoY Growth in year ended Mar 2026 is 17.06% vs 16.99% in Mar 2025
Investments
No Investments in the last few periods;
Current Assets
YoY Growth in year ended Mar 2026 is 18.45% vs 9.67% in Mar 2025
Compare Balance Sheet Results of Indigo Paints
Figures in Cr
Consolidated - Balance Sheet Results
Change(INR)
Change(%)
No of Months
12
12
EQUITY AND LIABILITIES
Share Capital
47.68
45.50
2.18
4.79%
Share Warrants & Outstandings
Total Reserve
1,106.29
2,406.10
-1,299.81
-54.02%
Shareholder's Funds
1,153.97
2,451.60
-1,297.63
-52.93%
Minority Interest
0.00
0.00
0.00
0.00%
Long-Term Borrowings
1.91
0.00
1.91
0.00%
Secured Loans
1.55
0.00
1.55
0.00%
Unsecured Loans
0.35
0.00
0.35
0.00%
Deferred Tax Assets / Liabilities
25.70
27.10
-1.40
-5.17%
Other Long Term Liabilities
78.24
69.30
8.94
12.90%
Long Term Trade Payables
0.00
0.00
0.00
0.00%
Long Term Provisions
3.45
104.10
-100.65
-96.69%
Total Non-Current Liabilities
107.65
200.50
-92.85
-46.31%
Current Liabilities
Trade Payables
217.96
756.50
-538.54
-71.19%
Other Current Liabilities
145.03
360.00
-214.97
-59.71%
Short Term Borrowings
1.65
0.00
1.65
0.00%
Short Term Provisions
2.70
26.70
-24.00
-89.89%
Total Current Liabilities
367.33
1,143.20
-775.87
-67.87%
Total Liabilities
1,628.95
3,795.30
-2,166.35
-57.08%
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00%
Gross Block
771.88
1,925.50
-1,153.62
-59.91%
Less: Accumulated Depreciation
243.15
413.00
-169.85
-41.13%
Less : Impairment of Assets
0.00
0.00
0.00
0.00%
Net Block
528.74
1,512.50
-983.76
-65.04%
Lease Adjustment
0.00
0.00
0.00
0.00%
Capital Work in Progress
220.19
48.60
171.59
353.07%
Intangible assets under development
0.00
0.00
0.00
0.00%
Pre-operative Expenses pending
0.00
0.00
0.00
0.00%
Assets in transit
0.00
0.00
0.00
0.00%
Non Current Investments
0.00
0.00
0.00
0.00%
Long Term Loans & Advances
7.17
341.00
-333.83
-97.90%
Other Non Current Assets
0.10
5.30
-5.20
-98.11%
Total Non-Current Assets
817.56
2,008.20
-1,190.64
-59.29%
Current Assets Loans & Advances
Current Investments
299.83
0.00
299.83
0.00%
Inventories
178.23
571.10
-392.87
-68.79%
Sundry Debtors
285.51
602.90
-317.39
-52.64%
Cash and Bank
32.13
323.70
-291.57
-90.07%
Other Current Assets
4.16
22.60
-18.44
-81.59%
Short Term Loans and Advances
11.52
270.90
-259.38
-95.75%
Total Current Assets
811.39
1,787.10
-975.71
-54.60%
Net Current Assets (Including Current Investments)
444.06
643.90
-199.84
-31.04%
Total Current Assets Excluding Current Investments
511.55
1,787.10
-1,275.55
-71.38%
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00%
Total Assets
1,628.95
3,795.30
-2,166.35
-57.08%
Contingent Liabilities
29.42
53.70
-24.28
-45.21%
Total Debt
0.26
0.00
0.26
0.00%
Book Value per share (adjusted)
242.05
538.55
-296.50
-55.06%
Annual - Borrowings
Borrowings 1.91 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -70.20% vs 108.12% in Mar 2025
Annual - Other Long Term Liabilities
Other Long Term Liabilities 78.24 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 18.92% vs 14.34% in Mar 2025
Annual - Fixed Assets
Fixed Assets 748.93 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 17.06% vs 16.99% in Mar 2025
Annual - Investments
Investments 0.00 Cr
in Mar 2026Figures in Cr
No Investments in the last few periods;
Annual - Current Assets
Current Assets 811.39 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 18.45% vs 9.67% in Mar 2025






