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.
Indigo Paints vs PPAP Automotive Q3 FY26
Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.
PPAP Automotive
PPAP Automotive's Q3 FY26 consolidated revenue was ₹138 crore, flat YoY, impacted by model-specific demand softness at key OEMs (Maruti, Tata, Honda).
Result Snapshot
Revenue₹359 Cr₹139 Cr
PAT₹37 Cr₹0 Cr
EBITDA Margin19%9%
Sentimentbullishneutral
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.
We are not emotionally attached to any business. Business is business end of the day. We have to give it due time to get matured and the moment it starts and then we have to take a feedback on do we continue with it or do we not continue with it.