Berger Paints Announces FY26 Results, Recommends 400% Dividend, and Key Operational Updates

Berger Paints Announces FY26 Results, Recommends 400% Dividend, and Key Operational Updates​

Berger Paints (I) Limited announced its financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the audited standalone and consolidated financial results and recommended a dividend for the financial year 2025-26.

In other corporate news, the Board also recommended the re-appointment of Mr Abhijit Roy as the Managing Director and CEO for a further period, effective from July 1, 2027, to June 30, 2031.

The company issued its financial results and operational highlights on May 12, 2026.

Financial Performance Highlights​

The company reported robust growth across its key metrics, noting volume growth of 11.8% for the quarter, supported by qualitative improvements in the raw material price mix.

Key highlights for the financial year ended March 31, 2026, compared to the previous year, include:


For the quarter ended March 31, 2026, the company recorded:

• Consolidated Revenue from Operations: Rs 2,868.03 crores, marking a 6.1% increase over the corresponding quarter in the previous financial year.
• Standalone Revenue from Operations: Rs 2,504.00 crores, which represents a 6.7% increase compared to the quarter ended March 31, 2025.
• Standalone Net Profit: Rs 327.28 crores, an increase of 38.1% compared to the previous year.

The company also highlighted that its Gross Margin reached 42.3% and the EBITDA Margin was 18.3%, marking the highest levels in the last 10 quarters.

Balance Sheet and Cash Flow Overview​

As of March 31, 2026, the consolidated balance sheet showed total assets of Rs 10,057.26 crores, up from Rs 9,131.64 crores in the previous year. Total equity and liabilities stood at Rs 10,057.26 crores.

The company reported total comprehensive income for the year ended March 31, 2026, of Rs 1,199.79 crores, compared to Rs 1,179.48 crores in the prior year.

In terms of cash flows, the consolidated cash flow from operating activities stood at Rs 1,540.04 crores for the year ended March 31, 2026, compared to Rs 1,269.05 crores in the corresponding year.

Management Commentary​

Abhijit Roy, Managing Director and CEO of Berger Paints India Limited, stated that the progressive demand improvement seen in the previous quarter continued into the fourth quarter, enabling a healthy volume growth of 11.8%. He noted that this growth was supported by a qualitative improvement in the mix and softening of raw material prices, resulting in a "Yo-quarter high Gross Margin and Operating Profit Margin."

Roy also pointed to continued robust growth in key focus segments such as water proofing, construction chemicals, and wood coatings. He highlighted the positive market response to the new "Kolor Plus" launch in the premium emulsion segment.

Regarding the business outlook, the CEO mentioned that the automotive segment performed strongly following increased demand post CST cuts and lower financing costs. He added that the company's efforts remain focused on network expansion, product and service innovation, and brand building aimed at improving value for investors and stakeholders.

Dividend Recommendation and Auditing​

The Board of Directors recommended a dividend of Rs 4.00 (400%) per equity share of Re 1/- each for the financial year ended March 31, 2026. This dividend recommendation is subject to the approval of the shareholders at the upcoming Annual General Meeting.

The standalone annual financial results and consolidated annual financial results for the year ended March 31, 2026, were audited by B S R & Co. LLP, Chartered Accountants, who expressed an unmodified opinion on the results.

BERGEPAINT Stock Price Movement​

Berger Paints (I) Limited shares today slipped by 0.98% to settle at ₹488.1, marking a noticeable pullback from its previous close of ₹493.85. The stock finished below its trading range, which stretched from ₹479 to ₹498.55, against a measured volume of 273,268 shares.