Berger Paints Profit Jumps 27% on Strong Volumes; Revenue Rises

Mumbai, May 13:Berger Paints posted a strong set of March quarter numbers as consolidated profit jumped with the help of robust volume growth, improved product mix, and softer raw material costs.

The company’s consolidated net profit surged 27.5% to ₹335 crore for the quarter ended March 2026, compared with ₹263 crore in the same period last year. The strong show was supported by volumes, which saw a healthy expansion and grew 12% during the quarter in review.

To be sure, revenue from operations also moved higher, up six percent, signalling steady demand trends across key segments of the company. The rise in revenue was driven by strong traction in both decorative and automotive coatings, with double-digit volume growth being clocked by these categories. To be sure, premiumisation helped support overall performance.

Improving Trends

The company highlighted that improved domestic demand trends, along with sequential monthly upticks, contributed to the upbeat results. CEO Abhijit Roy said calibrated price hikes initiated from late March are expected to support margins, especially amid rising raw material costs. This pricing strategy, combined with operating leverage from higher volumes, helped bolster profitability.

Berger Paints India said it anticipates a gradual recovery in demand across both its decorative and industrial coatings segments in FY27, supported by improving domestic trends and a sequential uptick in consumption.

The company expects growth to be driven by strong momentum in construction chemicals, waterproofing solutions and wood coatings, alongside a pipeline of upcoming product launches. It also maintained a positive outlook for its protective coatings business, citing expected support from sustained government capital expenditure, according to the exchange filing.

Softer Prices

On the cost front, softer input prices provided additional support during the quarter, aiding margin expansion. The combination of volume growth and cost management allowed Berger to deliver stronger earnings despite a competitive operating environment.

Investors will watch out for raw material price trends going ahead. Source: NSE

To be sure, Berger Paints stock declined 1.16% today to Rs 488.10.

Investors will now focus on the company’s outlook for the coming quarters, particularly commentary on demand sustainability, raw material price trends, and the impact of recent price adjustments. The strong quarterly performance also adds to the broader narrative of recovery within the paints industry, which has seen mixed trends over the past few quarters due to demand fluctuations and input cost volatility.

Overall, the ₹335 crore profit and 12% volume growth highlight a solid operational quarter for Berger Paints, reinforcing its position as one of the key players in India’s paints sector.

Source:

• https://nsearchives.nseindia.com/corporate/PAINTBERGE_12052026155624_EarningsCallFinalLetter120526.pdf