Berger Paints

Q1 FY27Consumer Durables

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

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹510

Market cap₹61.1K Cr

P/E49.8

Published25 Aug 2026

What the Q1 FY27 call signalled

2 of 3 strong

RevenueRank 3

MarginRank 2

CapexYes

Not discussed on this call: fundraise, order book.

The short version

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.

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

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).

See what Berger Paints said on profitability & margins — free account, 30 seconds.

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

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.

See what Berger Paints said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

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.

How does Berger Paints rank vs peers in Consumer Durables?

Pro feature

ThisBerger Paints

Rev 3Mar 2

See where Berger Paints sits in Consumer DurablesSee which companies these are, and every other name in the sector.Open rankings

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. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Berger Paints India Ltd's management said in earlier quarters

Others in Consumer Durables this season

Visdem Technosys (Q1 FY27)
Q1 FY27 sales grew by approximately 40% year-on-year, driven by 15% price escalation and 25% volume growth. Key concall takeaways from Visdem Technosys Ltd's…
Indigo Paints (Q1 FY27)
EBITDA margins could fluctuate slightly (±1%), but the focus remains on expanding market share and top line. Key concall takeaways from Indigo Paints Ltd's Q1…
TTK Prestige (Q1 FY27)
TTK Prestige has planned a total investment outlay of around INR 500 crores over three years, including both capital expenditure (capex) and operational…
Khazanchi Jewellers Ltd (Q1 FY27)
Volume growth in jewellery quantum was around 15% in Q1 FY27. Key concall takeaways from Khazanchi Jewellers Ltd's Q1 FY27 earnings call — and how it ranks…

Compare:vs Titan Company Ltd vs Asian Paints Ltd vs LG Electronics

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were Berger Paints Q1 FY27 results?

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.