Berger Paints Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Published 25 Aug 2026 | Consumer Durables | Market Cap: ₹61.1K Cr

Double-digit revenue growth expected to sustain in financial year 27, supported by full impact of price increases (Page 14, 111). Double-digit revenue growth expected to sustain in financial year 27, supported by price increases, festive demand, and distribution expansion (Page 14, 111-115).

From Berger Paints's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Price

513

Market Cap

₹61.1K Cr

P/E Ratio

49.8

Revenue Rank

Rank 3

Margin Rank

Rank 2

How does Berger Paints rank in Consumer Durables?

Compare Berger Paints against every Consumer Durables company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 2
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Berger Paints — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹2.9K Cr, net profit ₹335 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • Double-digit revenue growth expected to sustain in financial year 27, supported by full impact of price increases (Page 14, 111).
  • Second quarter revenue growth expected to be slightly ahead of first quarter; volume growth around 7.5% to 8% (Page 22, 166-167).
  • Volume growth maintained despite price increases; initiatives including network expansion, branding campaigns, and new product introductions to support growth (Pages 35-36, 252-256).
  • Operating margins expected to expand if raw material prices remain stable and no price drops occur (Page 36, 259-260).
  • Positive mix improvement expected due to more sales of exterior emulsions and better product mix (Page 28, 202-206).
  • Some subsidiary/JV businesses showing robust growth (Page 12, 98-103).
  • Overall outlook optimistic with good top line and operating profit growth anticipated for Q2 and Q3 (Page 34, 244-245).

📈 Profitability & Margins

Rank 2
  • Double-digit revenue growth expected to sustain in financial year 27, supported by price increases, festive demand, and distribution expansion (Page 14, 111-115).
  • Operating margins expected to remain within the guided range of 15% to 17%, with potential for expansion if raw material prices stay stable (Pages 14, 115; 36, 259-260).
  • Quarter 2 operating profit anticipated to be better than Quarter 1, with strong top-line and operating profit growth expected to continue into Quarter 3 (Pages 15, 118-120; 34, 243-246).
  • Subsidiary business margins should remain stable or improve due to corrective measures and improved profitability, particularly in Bullocks and STP subsidiaries (Page 59, 404-408).
  • Joint ventures continue strong growth in revenue and profitability, contributing positively to consolidated PAT growth of 28.6% (Pages 11-12, 91-103).

🏗️ Capital Expenditure Plans

Yes
  • Capex for the year is expected to be around the predicted range.
  • The Panagar project is set to start at the end of the current fiscal year.
  • The company is focusing on backward integration wherever feasible and economically sensible to improve profitability.
  • Investments are being made in expanding network, branding campaigns, and new product introductions to support volume growth.
  • No specific mention of large new strategic investments beyond these ongoing projects was noted.

💰 Fundraising & Capital Structure

No information
  • There is no explicit mention of any current or planned new fundraising through debt or equity in the provided transcript excerpts.
  • The discussion primarily focuses on operational aspects like volume growth, margin improvements, market share, pricing, and business outlook.
  • Cash balances have increased, partly from treasury incomes, indicating internal liquidity strength.
  • Capex was briefly mentioned, with a Panagar project starting at the end of the fiscal year, but no fundraising details were tied to this.
  • Overall, no direct references to raising funds through debt or equity either currently or in the near future were noted in the available text.

📋 Order Book & Pipeline

No information
The provided transcript pages do not contain specific information regarding the current or expected order book or pending orders. The discussions primarily focus on volume growth, pricing impact, margins, market share, demand recovery, and margin outlook across quarters, but there is no explicit mention of order books or pending orders. If you have a specific section or page in the document related to order books or pending orders, please specify, and I can help extract that information.

Key Metrics

Revenue

Rank 3

Margin

Rank 2

Capex

Yes

Fundraise

No information

Order Book

No information

Frequently Asked Questions

What were Berger Paints Q1 FY27 results?

Double-digit revenue growth expected to sustain in financial year 27, supported by full impact of price increases (Page 14, 111). Double-digit revenue growth expected to sustain in financial year 27, supported by price increases, festive demand, and distribution expansion (Page 14, 111-115).

What is Berger Paints share price analysis?

Berger Paints currently shows a below-average growth signal. The stock trades at a P/E of 49.8 with a market cap of ₹61,145 Cr. Investors should review the full earnings analysis for detailed insights.

Is Berger Paints planning capital expenditure?

Capex for the year is expected to be around the predicted range.

Keep Berger Paints on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

What Berger Paints's management said in earlier quarters

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