Berger Paints Q1 profit rises 21% as revenue reaches ₹3,584 crore
Berger Paints posted consolidated net profit of ₹404 crore in Q1, up 20.6% year-on-year, as revenue from operations grew 25%. EBITDA rose 26.1% to ₹607.5 crore, with margin improving to 17% from 16.8%.
What happened
Berger Paints India Ltd. · Berger Paints reported Q1 consolidated net profit of Rs 404 crore, up 20.6% year-on-year, as revenue rose 25% to Rs 3,584 crore.
Key facts
- Consolidated net profit: Rs 404 crore, up 20.6% year-on-year from Rs 335 crore
- Revenue from operations: Rs 3,584 crore, up 25% from Rs 2,868 crore
- EBITDA: Rs 607.5 crore, up 26.1% from Rs 481.6 crore
- EBITDA margin: 17%, versus 16.8%
- One-time gain in Q4 FY26: Rs 37 crore
Why this matters
Berger Paints’ broad-based Q1 growth strengthens its strategic position for distribution, capacity and adjacency-led expansion in the paints market.
What to watch
- Sequential volume growth versus price-led revenue growth in the next quarterly update.
- EBITDA margin trend after Q1's improvement to 17%.
- Crude oil, monomer, titanium dioxide and rupee movement as indicators of raw-material cost pressure.
- Dealer incentives, ad-spend intensity and pricing actions from major paint competitors and new entrants.
- Festive-season housing, renovation and real-estate demand, especially outside metros.
- Increase dealer-facing incentives, tinting-machine coverage and contractor engagement ahead of festive and peak repainting demand.
- Prioritize premium, waterproofing and construction-chemical categories to lift realization and reduce reliance on core decorative-paint pricing.
- Use healthy Q1 profitability to sustain advertising and distribution investment while monitoring competitor-led discounting.
- Consider calibrated price actions if crude-linked input costs rise materially, with greater focus on protecting volume in price-sensitive markets.