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Indigo Paints vs Fineotex Chemical Q3 FY26

Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.

IN

Indigo Paints

Indigo Paints reported Q3 FY26 standalone revenue of ₹338.9 crore, up 3.5% YoY, with EBITDA margin expanding 190 bps to 19.4% driven by premium mix shift and cost controls.

FI

Fineotex Chemical

Fineotex Chemical delivered a strong Q3 FY26 with revenue surging 46% YoY to ₹190 crore, driven by the acquisition of Crude Chem Technology (CCT) and improving demand in textiles and oil & gas.

Result Snapshot

Revenue₹359 Cr₹184 Cr
PAT₹37 Cr₹30 Cr
EBITDA Margin19%19%
Sentimentbullishbullish

Key Quotes

After 2 years, this is the first time when for 3 months in a row, November, December and January, we are seeing double-digit growth in value.
Hemant Jalan · Chairman and Managing Director
This acquisition is fully aligned with our communicated growth plan and a long-term strategy of expanding into technology-driven specialty segments.
Arti Jingjuna · Management