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Indigo Paints

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Company Headquarters

Indigo Tower, Street-5, Pallod Farm-2, Baner Road, Pune - 411045 India

Driving Directions

Brand Description

INDIGO Paints is an innovative paint manufacturer with a focus on delivering customers with top quality paint products.

With a wide variety of decorative paints, putties, primers, wood coatings, floor emulsions and more, INDIGO Paints produces more than just regular wall paints and this is what puts the brand at par with all major paint companies in India.

Key Personnel

NAME
JOB TITLE
  • Chetan Bhalchandra Humane
    CFO
  • Dayeeta Shrinivas Gokhale
    Company Secretary and Compliance Officer
  • Hemant Jalan
    Chairman and Managing Director

Yearly results

Sales: 152 Million

Markets Served: Architectural coatings, Waterproofing coatings

Headquartered in Pune, Maharashtra, Indigo Paints had an excellent year in 2024, enjoying 21.68% growth for the fiscal year. Indigo is primarily focused on the architectural segment. Indigo was founded in 2000 as a producer of economical cement paints and has transformed into a decorative paint specialist. The company has more than 18,000 dealers.

Indigo operates five manufacturing facilities located in Jodhpur (state of Rajasthan), Kochi (state of Kerala), and Pudukkottai (state of Tamil Nadu). Jodhpur and Pudukkottai facilities operate two production units each.

Indigo completed the acquisition of a majority stake of 51% in Apple Chemie India Pvt Ltd. Concentrated mainly in the state of Maharashtra, Apple Chemie is focused on construction chemicals and waterproofing.

“Recognizing the growth potential in adjacent segments, we are expanding our footprint beyond the decorative paint market,” said Hemant Jalan, Indigo Paints’ chairman and managing director, in announcing the annual results. “Our foray into construction chemicals and waterproofing solutions presents a significant opportunity to diversify our revenue streams.”

Sales: 129 Million

Markets Served: Architectural coatings, Waterproofing coatings

Founded in the year 2000, Indigo Paints is the fifth largest paint producing company (based on market capitalization) company in India. With its head office in Pune, Maharashtra, Indigo commenced its operations as a small producer of economical cement paints. However, over time, it underwent a transformation, expanding its portfolio to encompass a diverse assortment of decorative paint products.

Indigo operates five manufacturing facilities strategically located in Jodhpur (state of Rajasthan), Kochi (state of Kerala), and Pudukkottai (state of Tamil Nadu). Jodhpur and Pudukkottai facilities operate two production units each. Indigo Paints is primarily in decorative segment.

Indigo has recently completed the acquisition of a majority stake of 51% in Apple Chemie India Pvt Ltd. Concentrated mainly in the state of Maharashtra, Apple Chemie is a rapidly expanding company operating in the field of construction chemicals and waterproofing.

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