Indigo Paints declares Q4FY22 result: Net Revenue from Operations for the quarter ended March 31, 2022 was Rs 288.38 crores as against Rs. 254.27 crores in the corresponding quarter of the last year representing an increase of 13.41% over Q4 FY21. EBIDTA (excluding other income) for the quarter ended March 31, 2022 was Rs. 53.77 crores as against Rs. 42.94 crores in the corresponding quarter of the last year representing an increase of 25.22%. Net profit for the quarter ended March 31, 2022 was Rs. 34.59 crores as against Rs. 24.86 crores in the corresponding quarter of last year representing an increase of 39.13 %. The Gross Margins continued to improve sequentially from 42.89% in Q3 FY22 to an industry leading 43.61% in Q4 FY22. EBITDA margin has sharply expanded to 18.64% (Q4 FY22) sequentially from 14.57% in Q3 FY22 as well as from 16.89% clocked in Q4 FY21. PAT margin has also expanded both sequentially as well as when compared to the corresponding quarter of the last year. PAT margin was 11.89% in Q4 FY 22 compared to 9.08% in Q3 FY22 and 9.72% recorded in Q4 FY21. Net Revenue from Operations for the year ended March 31, 2022 was Rs 905.97 crores as against Rs. 723.32 crores in the corresponding period of previous year representing an increase of 25.25%. EBIDTA (excluding other income) for the year ended March 31, 2022 was Rs. 135.98 crores as against Rs. 122.52 crores in the corresponding period of the previous year representing an increase of 10.99%. Net profit for the year ended March 31, 2022 was Rs. 84.05 crores as against Rs. 70.85 crores in the corresponding period of the previous year representing an increase of 18.63 %. Result PDF
Indigo Paints announced Q3FY22 results: Q3FY22: Net Revenue from Operations for the quarter ended December 31, 2021 was Rs 265.46 crores as against Rs. 209.64 crores in the corresponding quarter of the last year representing an increase of 26.63% over Q3 FY21. EBIDTA (excluding other income) for the quarter ended December 31, 2021 was Rs. 38.68 crores as against Rs. 31.49 crores in the corresponding quarter of the last year representing an increase of 22.83%. Net profit for the quarter ended December 31, 2021 was Rs. 24.30 crores as against Rs. 18.78 crores in the corresponding quarter of last year representing an increase of 29.39 %, 9MFY22: Net Revenue from Operations for the nine months ended December 31, 2021 was Rs 617.60 crores as against Rs. 469.06 crores in the corresponding period of previous year representing an increase of 31.67% over 9M FY21. EBIDTA (excluding other income) for the nine months ended December 31, 2021 was Rs. 82.22 crores as against Rs. 79.58 crores in the corresponding period of the previous year representing an increase of 3.32%. Net profit for the for the nine months ended December 31, 2021 was Rs. 49.46 crores as against Rs. 45.99 crores in the corresponding period of the previous year representing an increase of 7.55 %. Result PDF
Highlights: Quarter Ended September 30, 2021: Net Revenue from Operations was Rs 196. 11 crores as against Rs. 154.84 crores in the corresponding quarter of the last year representing an increase of 26.65% over Q2 FY21 and 52.37% over Q2 FY20. EBIDTA (excluding other income) was Rs. 23.38 crores as against Rs. 29.08 crores in the corresponding quarter of the last year representing a decrease of 19.61 %. Net profit was Rs. 13.55 crores as against Rs. 18.81 crores in the corresponding quarter of last year representing a decrease of 27.95 % The Company's revenue has grown by 26.65% over Q2 FY21 and above 52.37% over Q2 FY20 (pre-covid period). EBITDA margin was 11.92%. Six Months Ended September 30, 2021: Net Revenue from Operations was Rs 352.13 crores as against Rs. 259.42 crores in the corresponding period of previous year representing an increase of 35.74% over H1 FY21 and 29.16% over H1 FY20. EBIDTA (excluding other income) was Rs. 43.53 crores as against Rs. 48.09 crores in the corresponding period of the previous year representing an decrease of 9.47%. Net profit was Rs. 25.16 crores as against Rs. 27.21 crores in the corresponding period of the previous year representing a decrease of 7.52 %. Revenue from Operations in the first half of the year (H 1 FY22) has been higher at 35.7 4% over H 1 FY21 and 29.16% over H1 FY20 (pre-Covid). Gross Margins of the Company stood at 43.41 % against 47.88% in the corresponding period of the previous year (H1 FY21). EBITDA Margins contracted to 12.36% (H1 FY22) from 18.54% (H1 FY21) Result PDF