Indigo Paints balance sheet

As of Sep 2026

Total assets: ₹1,649cr+12.2% on Sep 2025
Shareholders' equity: ₹1,183cr+10.9% on Sep 2025
Total debt: ₹2.8cr−47.9% on Sep 2025
Cash and investments: ₹323cr+25.0% on Sep 2025

₹ crore except per share

Tap a line for its trend	H1 FY27Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	522	473	445	468	234
	245	220	136	17.4	0.0
	0.0	—	—	61.6	—
	39.9	39.9	39.9	39.9	0.0
	14.6	16.1	18.9	21.4	0.3
	2.5	2.4	2.6	2.5	1.6
	2.5	2.4	2.6	2.5	—
	11.9	66.2	82.8	34.8	—
	835	818	725	646	—
	214	178	154	171	118
	311	300	226	167	132
	264	286	244	223	200
	12.0	32.1	37.1	32.9	0.1
	0.0	0.0	0.0	0.0	0.1
	1.0	0.8	0.4	0.4	0.2
	588	618	507	423	—
	12.3	14.8	24.0	30.9	—
	814	811	685	625	—
	1,649	1,629	1,410	1,270	1,062
Equity
	47.7	47.7	47.6	47.6	47.6
	1,135	1,106	983	855	729
	1,183	1,153	1,031	902	—
	0.0	—	0.1	0.1	—
	1,183	1,153	1,031	902	—
Liabilities
	0.2	0.3	0.9	1.5	—
	77.3	41.9	57.4	52.3	—
	77.5	42.1	58.3	53.8	—
	3.7	3.4	0.5	3.0	2.7
	27.2	25.7	23.7	20.0	6.9
	7.6	9.2	8.3	5.2	—
	116	80.5	90.8	82.1	—
	2.6	1.6	5.5	1.6	—
	220	218	177	229	—
	42.7	80.9	35.1	33.9	—
	265	301	217	264	—
	3.1	2.7	1.3	3.5	6.8
	0.3	3.3	12.7	0.2	—
	81.2	88.7	57.5	18.0	—
	350	395	289	286	—
	466	476	380	368	—
	1,649	1,629	1,410	1,270	1,062
Trade payables — MSME split
	49.4	39.0	26.4	—	—
	171	179	150	—	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

INDIGOPNTS₹1,011.80

Indigo Paints Ltd.

· Consumer Goods

₹ CrorePeersASIANPAINT BERGEPAINT KANSAINER IFBIND EUREKAFORB ETHOSLTD PCJEWELLER CERAMcap ₹4,824 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Non-current Assets
+ Property, Plant & Equipment	233.8	468.2	445.3	472.7	522.0
+ Capital Work-in-Progress	0.0	17.4	135.8	220.2	244.5
+ Investment Property	—	61.6	—	—	0.0
+ Goodwill	0.0	39.9	39.9	39.9	39.9
+ Other Intangibles	0.3	21.4	18.9	16.1	14.6
+ Other Non-current Financial Assets	1.6	2.5	2.6	2.4	2.5
Non-current Financial Assets	—	2.5	2.6	2.4	2.5
+ Other Non-current Assets	—	34.8	82.8	66.2	11.9
Total Non-current Assets	—	645.8	725.2	817.6	835.3
Current Assets
+ Inventories	117.7	170.6	153.6	178.2	213.6
+ Current Investments	131.7	166.7	226.1	299.8	310.6
+ Trade Receivables	200.1	223.1	243.9	285.5	264.2
+ Cash & Cash Equivalents	0.1	32.9	37.1	32.1	12.0
+ Other Bank Balances	0.1	0.0	0.0	0.0	0.0
+ Other Current Financial Assets	0.2	0.4	0.4	0.8	1.0
Current Financial Assets	—	423.1	507.4	618.3	587.7
+ Other Current Assets	—	30.9	24.0	14.8	12.3
Total Current Assets	—	624.6	685.0	811.4	813.6
Total Assets	1,061.6	1,270.4	1,410.2	1,629.0	1,649.0
Equity
+ Equity Share Capital	47.6	47.6	47.6	47.7	47.7
+ Other Equity / Reserves	728.5	854.5	982.9	1,105.6	1,135.4
Equity — Owners of Parent	—	902.1	1,030.6	1,153.2	1,183.1
+ Minority Interest	—	0.1	0.1	—	0.0
Total Equity	—	902.1	1,030.6	1,153.2	1,183.1
Liabilities
+ Borrowings — Non-current	—	1.5	0.9	0.3	0.2
+ Other Non-current Financial Liab	—	52.3	57.4	41.9	77.3
Non-current Financial Liabilities	—	53.8	58.3	42.1	77.5
+ Provisions — Non-current	2.7	3.0	0.5	3.4	3.7
+ Deferred Tax Liabilities	6.9	20.0	23.7	25.7	27.2
+ Other Non-current Liabilities	—	5.2	8.3	9.2	7.6
Non-current Liabilities	—	82.1	90.8	80.5	116.0
+ Borrowings — Current	—	1.6	5.5	1.6	2.6
+ Trade Payables	—	229.0	176.7	218.0	220.1
+ Other Current Financial Liab	—	33.9	35.1	80.9	42.7
Current Financial Liabilities	—	264.5	217.3	300.5	265.3
+ Provisions — Current	6.8	3.5	1.3	2.7	3.1
+ Current Tax Liabilities	—	0.2	12.7	3.3	0.3
+ Other Current Liabilities	—	18.0	57.5	88.7	81.2
Current Liabilities	—	286.1	288.8	395.2	349.9
Total Liabilities	—	368.3	379.6	475.7	465.9
Total Equity & Liabilities	1,061.6	1,270.4	1,410.2	1,629.0	1,649.0
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	26.4	39.0	49.4
+ Dues to Other Creditors — Current	—	—	150.4	179.0	170.7

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.