Indigo Paints at life-time low, stock down 36% from its 52-week high
In the past one month, the stock has underperformed the market by falling 11 per cent, after the company reported a disappointing set of numbers for quarter ended September 2021
Indigo Paints Ltd - 543258 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the transcript of the earnings call held with the analyst and investors on October 29, 2021 at 18.30 hrs (IST) to discuss the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2021. Indigo Paints Ltd - 543258 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, please find enclosed copies of the newspaper advertisement pertaining to financial results of the Company for the quarter and Half year ended September 30, 2021. The advertisements were published in the following Newspapers on October 30, 2021: 1. Financial Express, in English and 2. Loksatta, in Marathi Indigo Paints Ltd - 543258 - Intimation Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 With Respect To Grant Of Options Under Indigo Paints Employee Stock Option Scheme - 2019 ('ESOS, 2019')
With regard to the captioned matter and Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 and ratification of the ESOS, 2019 by the shareholders of the Company on September 02, 2021, we hereby inform that Nomination and Remuneration Committee has approved the following performancebased grants to the eligible employees of the Company. On the recommendation of Nomination and Remuneration Committee, the Board, in its meeting held on October 29, 2021, has also approved the grants to the eligible employees. Indigo Paints Ltd - 543258 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Pursuant to Regulation 41 (4) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Monitoring Agency Report in respect of the utilization of proceeds of Initial Public Offer (IPO), for the quarter ended September 30, 2021 issued by ICICI Bank Limited, Monitoring Agency. The above information will also be made available on the website of the company www.indigopaints.com/investors You are requested to take note of the same . Indigo Paints Ltd - 543258 - Statement Of Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith statement of deviation/variation in the utilization of proceeds for objects as stated in the Prospectus dated January 25, 2021, of Initial Public Offer (IPO), for the quarter ended September 30, 2021. The aforesaid statement has been reviewed by the Audit Committee and taken on record by the Board at their respective meetings held on 29" October, 2021. The above information will also be made available on the website of the companywww.indigopaints.com/investors You are requested to take note of the same. Indigo Paints Ltd - 543258 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of the presentation for the Investors/ Analysts on Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2021 . The above information will also be made available on the website of the company www.indigopaints.com/investors You are requested to take note of the same. Q2FY22 Quarterly Result Announced for Indigo Paints Ltd.
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 Indigo Paints Ltd - 543258 - Board Meeting Outcome for Outcome Of The Board Meeting Held On October 29, 2021
In compliance with Regulation 30 read with Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('' Listing Regulations''), we would like to inform you that the Board of Directors of the Company at its meeting held on October 29, 2021 approved the Unaudited Financial Results for the Quarter and Half year ended September 30, 2021 and took on record Limited Review report by the Statutory Auditor thereon. In this regard, please find enclosed the following: a. Unaudited Financia l Results for the Quarter and Half year ended September 30, 2021. b. Limited Review report issued by the Statutory Auditor for the Quarter and Half year ended September 30, 2021. c. The Press Release on the financial results for the Quarter and Half year ended September 30, 2021 . The Board meeting commenced at 13.00 hrs (IST) and concluded at 14:40 hrs (IST). Indigo Paints Ltd - 543258 - Outcome Of The Board Meeting Held On October 29, 2021 Financial Results
In compliance with Regulation 30 read with Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('' Listing Regulations''), we would like to inform you that the Board of Directors of the Company at its meeting held on October 29, 2021 approved the Unaudited Financial Results for the Quarter and Half year ended September 30, 2021 and took on record Limited Review report by the Statutory Auditor thereon. In this regard, please find enclosed the following: a. Unaudited Financial Results for the Quarter and Half year ended September 30, 2021. b. Limited Review report issued by the Statutory Auditor for the Quarter and Half year ended September 30, 2021. c. The Press Release on the financial results for the Quarter and Half year ended September 30, 2021 . The Board meeting commenced at 13.00 hrs (IST) and concluded at 14:40 hrs (IST).