Berger Paints Achieves Double-Digit Growth in Q1 FY27; Net Profit Rises 28.6% on Consolidated Basis

Berger Paints Achieves Double-Digit Growth in Q1 FY27; Net Profit Rises 28.6% on Consolidated Basis​

Berger Paints India Limited reported strong first quarter results for fiscal year 2027, showing double-digit growth in revenue and operating profit despite geopolitical uncertainty. The company announced that its net profit increased by 28.6% on a consolidated basis, while standalone operations registered a 25.5% rise in net profit, driven primarily by the Decorative and Automotive segments.

The company attributed its performance to progressive demand improvements in domestic markets, coupled with strong growth in both automotive and decorative coatings. These positive trends allowed the company to achieve improved operating profitability, positioning it ahead of guidance despite challenges related to crude-based raw material inflation.

Financial Highlights for Q1 FY27 (Quarter ended June 30, 2026)​

The performance across the quarter is summarized below, comparing the current results against the corresponding period in the previous year.

Detailed Financial Performance Review​

Consolidated Results
Berger Paints recorded a consolidated revenue from operations of Rs. 3,583.75 crores for the quarter ended June 30, 2026, up from Rs. 3,200.76 crores in the previous year. The company's EBITDA (excluding other income) stood at Rs. 607.4 crores, an increase of 15.0% compared to the Rs. 528.4 crores reported in the corresponding quarter of the last year. Net profit for the consolidated entity was recorded at Rs. 405.01 crores, up from Rs. 315.04 crores in Q1 FY26.

Standalone Results
On a standalone basis, revenue stood at Rs. 3,226.68 crores, showing a rise of 12.7% compared to the prior year's figure of Rs. 2,862.62 crores. The standalone EBITDA (excluding other income) was reported at Rs. 562.2 crores, which reflects a 12.6% increase from Rs. 499.5 crores in Q1 FY26. Net profit for the quarter ended June 30, 2026, reached Rs. 368.68 crores, an improvement of 25.5% over the previous year.

Operational Drivers and Market Outlook​

The company stated that its performance was primarily driven by robust growth in both the Automotive and Decorative segments. The strong showing in the automotive sector continued, benefiting from GST cuts and lower financing costs. Key focus areas, including waterproofing, construction chemicals, and wood coatings, also registered healthy growth, supported by new product launches like 'Kolor Plus' and the Metallics range.

The management acknowledged that the unsettled environment resulting from the conflict in West Asia led to disruptions and inflation in crude-based raw materials, which resulted in some moderation of Gross Margins. However, prudent financial control and improved efficiencies ensured operating profit margins remained strong.

Berger Paints also noted the gradual improvement in domestic demand indicators across various segments and markets, alongside a monsoon progressing better than initially anticipated, providing positive outlook for the upcoming months. The company reaffirmed its focus on network expansion, product and service innovation, and brand building to deliver value to its stakeholders.

BERGEPAINT Stock Price Movement​

Berger Paints (I) Limited saw its shares climb today, finishing at ₹545.2 after gaining 2.30%. The stock traded within a band set by its day low of ₹525.1 and high of ₹555, while recording a volume of 1.408 million shares.