Paints company Berger Paints (India) announced Q2FY26 results Q2FY26 Consolidated Financial Highlights: Revenue from Operations for Q2FY26 was Rs 2,827.5 crore as against Rs 2,774.6 crore in Q2FY25, representing an increase of 1.9% over Q2FY25. EBITDA (excluding other income) for Q2FY26 was Rs 352.3 crore as against Rs 434.2 crore in Q2FY25, representing a decl ine of 18.9% over Q2FY25. Net profit for Q2FY26 was Rs 206.4 crore as against Rs 269.9 crore in Q2FY25, representing a decl ine of 23.5% over Q2FY25. Q2FY26 Standalone Financial Highlights: Revenue from Operations for Q2FY26 was Rs 2,458.5 crore as against Rs 2,430.7 crore in Q2FY25, representing an increase of 1.1% over Q2FY25. EBITDA (excluding other income) for Q2FY26 was Rs 311.2 crore as against Rs 383.4 crore in Q2FY25, representing a decline of 1 8.8% over Q2FY25. Net profit for Q2FY26 was Rs 176.3 crore as against Rs 229.0 crore in Q2FY25, representing a decl ine of 23.0% over Q2FY25. Abliijit Roy, Managing Director & CEO of Berger Paints India, said: "The extended monsoon season right through this quarter saw a muted demand scenario across most markets in spite of which we were able to deliver high single digit volume growths and a low positive revenue growth. Though the revenue growth rate this quarter was muted, as per our estimates we have continued to improve on our market share for the Apr '25 to Sept '25 period over FY25 levels amongst the major listed companies in the paints & coatings space. Profitability was impacted by negative scale effect, and an adverse product mix due to the low sales of exterior products and increased investments in brand building efforts in this quarter. We continued to register healthy and robust growth in our key focus segments of waterproofing, construction chemicals and wood coatings. The automotive and powder coatings performance was slightly better registering mid-single digit growth while protective coatings and general industrial coatings registered a flat growth. Our subsidiaries & JV's like BJN Nepal, SBL Specialty Coatings Private Limited, Berger Rock Paints Private Limited etc., registered moderate revenue growth but faced pricing pressures leading to a muted profitability performance. The gradual improvement in domestic demand indicators across segments is a positive indicator going forward. We expect improvement in demand to continue for the rest of this financial year. The continuing volatile geopolitical situation and uncertainty from the international tariff negotiations are potential risk factors going forward and we are hopeful that these issues will be resolved soon. At Berger Paints we will continue our efforts on network expansion, innovation and brand building to continue to build value for our investors and stakeholders." Result PDF
Paints company Berger Paints (India) announced Q1FY26 results Revenue from Operations for Q1FY26 was Rs 3,200.8 crores as against Rs 3,091.0 crores in the Q1FY25, representing an increase of 3.6% over Q1FY25. EBITDA (excluding other income) for Q1FY26 was Rs 528.4 crores as against Rs 522.4 crores in Q1FY25, representing an increase of 1.1 % over Q1FY25. Net profit for Q1FY26 was Rs 315.0 crores as against Rs 354.0 crores in Q1FY25, representing a decline of 11.0% over Q1FY25. Abhijit Roy, Managing Director & CEO of Berger Paints India, said: "This quarter saw sequential improvements in demand with MoM improvements being observed. The early onset of the monsoon played spoilsport this quarter. We were still able to deliver value growth higher than the listed industry players and continued to improve our market share. The volume value gap this quarter is 3.6% as compared to 7% the last fiscal. Profitability for the quarter was healthy delivering improvements both on QoQ and YoY basis in spite of increased competitive intensity. We continued to register robust growth in our key focus segments of waterproofing, construction chemicals and wood coatings. The industrial segment performance was led by the Automotive division with healthy performance on both revenue growth and profitability The performance of most of our subsidiaries & JVs like Berger Jenson & Nicholson (Nepal) Private Limited, Berger Becker Coatings Private Limited, Berger Rock Paints Private Limited, Berger Nippon Paint Automotive Coatings Private Limited, etc., were very promising registering strong value and profit growth while others like STP Limited and SBL Specialty Coatings Private Limited reporled a flattish growth. The gradual and sequential improvement in domestic demand indicators and improving momentum in key markets are positive signs which were interrupted by the inclement weather but will recover in short order. The volatile geopolitical silual ion and uncertainly result ingfrom the international tariff negol iations are potential risk factors going forward. As an organization, Berger Paints will continue its efforts of consistent thrust on innovation and brand distinctiveness to navigate our way onward and forward." Result PDF