Berger's overall decorative business posted 13.5% value growth and near 20% operating profit growth in the June quarter, its strongest in 12 quarters, aided by calibrated price increases and improved product mix. The company's consolidated financial results for Q1 FY27 show revenue of ₹3,583.75 crore, marking a 12% increase compared to ₹3,200.76 crore in the same quarter of the previous year. Net profit surged 29.39% to ₹393.24 crore, up from ₹303.87 crore in Q1 FY26, while Earnings Per Share (EPS) improved from ₹2.70 to ₹3.47 during this period. The company expects double-digit revenue growth to sustain through FY27, supported by the full-quarter impact of price hikes in the industrial business line, festive season demand and continued distribution expansion.
Berger Paints India's construction chemicals and waterproofing business now accounts for 10-12% of the company's decorative portfolio and continues to expand at a materially faster clip than the core paints business, according to management commentary on the company's Q1 FY27 earnings call. Managing Director and CEO Abhijit Roy said the segment's share fluctuates month to month and quarter to quarter but has settled around the 12% mark, with growth rates "significantly higher" than the paint category. The waterproofing range, led by the Roof Kool and Seal line, continued to gain momentum through the quarter, with Roy noting that Berger's presence in construction chemicals and waterproofing has strengthened over the years, with product quality now well established across markets. "The growth rate that we see is much higher than paint in this category and it will continue," Roy emphasized during the earnings call.
While Berger Paints India delivered strong quarterly results for Q1 FY27, the company experienced sequential volatility in recent quarters. According to latest financial data, revenue declined from ₹2,868.03 crore in March 2026 to ₹2,983.97 crore in December 2025, before recovering to ₹3,583.75 crore in June 2026. Similarly, net profit showed a dip from ₹324.33 crore in March 2026 to ₹253.19 crore in December 2025, before surging to ₹393.24 crore in June 2026. This sequential performance pattern suggests the company's ability to recover from quarterly challenges, with the June quarter results demonstrating strong momentum recovery.
For the full year ending March 2026, Berger Paints India reported consolidated revenue of ₹11,880.25 crore, representing a 2.9% growth from ₹11,544.71 crore in FY25. However, net profit declined 6.08% to ₹1,076.97 crore compared to ₹1,147.75 crore in the previous year, while Return on Networth (ROE) decreased to 16.29% from 19.18% in March 2025. The company maintained a low Debt to Equity ratio of 0.02, consistent with the previous year. Basic EPS for FY26 was ₹9.67, compared to ₹10.13 in FY25. Despite the annual profit decline, the company's cash surplus of ₹1,424 crore continues to support expansion plans, with Roy indicating that two new factories at Panagarh in West Bengal and near Bhubaneswar in Odisha are in the pipeline.
Berger Paints India shares declined 2.05% to ₹548.30 on Thursday, August 13, 2026, amidst mixed quarterly and annual financial results. The stock's performance reflects the market's assessment of the company's sequential volatility despite strong quarterly growth. The company has maintained consistent shareholder returns through regular dividend payouts, with a final dividend of 400% (₹4.00 per share) declared on May 12, 2026, effective August 5, 2026. This follows a trend of increasing dividend per share from ₹3.10 in 2022 to ₹4.00 in 2026. Berger Paints India is a constituent of the Nifty Midcap 150 index, with the stock's recent trading price reflecting the mixed market sentiment as of August 13, 2026.
