Berger Paints Q1 profit rises 28.6% to ₹405 crore; revenue up 12%
Berger Paints India reported Q1FY27 revenue from operations of ₹3,583.75 crore, driven by decorative and automotive paints. EBITDA excluding other income rose 15% to ₹607.4 crore, while PBDIT margin expanded by about 40 basis points year on year.
What happened
Berger Paints India · Berger Paints posted Q1FY27 consolidated profit growth of 28.6% and revenue growth of about 12%, led by automotive and decorative paints.
Key facts
- Q1FY27 consolidated net profit: ₹405.01 crore, up 28.6% YoY
- Q1FY27 revenue from operations: ₹3,583.75 crore, up about 12% YoY
- Q1FY26 net profit: ₹315.04 crore
- Q1FY26 revenue: ₹3,200.76 crore
- EBITDA excluding other income: ₹607.4 crore, up 15% YoY from ₹528.4 crore
- Consolidated PBDIT margin expanded about 40 basis points YoY
- Standalone value growth: 12.7%
Why this matters
Growth across decorative and automotive coatings highlights Berger Paints’ diversification potential, making adjacent technology, distribution and specialty-coatings opportunities strategically relevant.
What to watch
- Quarterly volume growth versus reported value growth in decorative paints.
- Gross-margin and PBDIT-margin progression after crude and titanium-dioxide price movements.
- Management commentary on competitive intensity, dealer commissions and advertising expenditure.
- Monsoon distribution, housing activity and festive-season repaint demand.
- Automotive production growth and industrial-coatings order trends.
- Any price increases or cuts by major paint competitors and newer entrants.
- Increase dealer and tinting-machine coverage in underpenetrated tier-2, tier-3 and rural markets.
- Defend decorative-paints share through contractor engagement, premium product launches and targeted promotions.
- Scale automotive and industrial coatings to diversify revenue and improve mix.
- Use stronger cash generation for capacity, supply-chain automation and selective brand spending rather than broad price cuts.