Company expects gradual demand recovery in decorative and industrial coatings businesses during FY27
BergerBerger Paints India reported a strong rise in fourth-quarter earnings, supported by improved operating margins and steady growth in revenue, while its board also cleared a final dividend proposal and the reappointment of Managing Director and CEO Abhijit Roy.
The company posted a consolidated net profit of Rs 335 crore for the quarter ended March 2026, up 27.8 per cent from Rs 262 crore in the corresponding period last year, according to its exchange filing.
Revenue from operations increased 6.1 per cent year-on-year to Rs 2,868 crore, compared with Rs 2,704 crore a year ago. Ebitda rose 12.6 per cent to Rs 482 crore, while operating margin expanded to 16.8 per cent from 15.8 per cent in the year-ago quarter.
The board has recommended a final dividend of Rs 4 per equity share with a face value of Re 1 each for FY26, subject to shareholders’ approval at the company’s 102nd Annual General Meeting.
Berger Paints said it anticipates a gradual recovery in demand across both decorative paints and industrial coatings businesses in FY27, aided by improving domestic consumption trends and sequential demand improvement.
The company expects future growth to be supported by healthy demand in construction chemicals, waterproofing solutions and wood coatings, along with new product introductions. According to the exchange filing, the outlook for the protective coatings segment also remains favourable due to the government’s expected push on capital expenditure.
Berger Paints further said that calibrated price increases introduced from late March 2026 are likely to help protect gross margins amid rising raw material prices. However, it cautioned that foreign exchange fluctuations and geopolitical tensions could continue to create near-term challenges through supply disruptions and higher input costs.
Managing Director and CEO Abhijit Roy said the company will continue to focus on network expansion, product innovation and brand building.
The board also approved Roy’s reappointment as Managing Director and CEO for another four-year term from 1 July 2027, to 30 June 2031, after the end of his current tenure.
Shares of Berger Paints India closed 0.98 per cent lower at Rs 489 apiece on the NSE on Tuesday.
