Berger Paints India Ltd
Berger Paints India Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Industrial paint segment (especially protective coatings) aims to restore growth with potential double-digit growth expected by FY27 after price adjustments to stay competitive. Berger Paints expects volume growth to return to double-digit levels, with volume growth around 12-13% projected, leading to value growth in the range of 7-8% (Page 8, 24).
From Berger Paints India Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Industrial paint segment (especially protective coatings) aims to restore growth with potential double-digit growth expected by FY27 after price adjustments to stay competitive.
- Decorative paints segment sees positive momentum, with Q4 showing ~8% volume growth; double-digit volume growth of around 10% expected in Q4, maintaining a 6% volume-value gap.
- Overall volume growth is close to double-digit, with expectations of 12-13% volume growth translating to ~7-8% value growth, maintaining a 4-5% value-volume differential.
- Premium products and innovative launches (e.g., Damshield, Color Plus, metallic range) are expected to drive demand and profitability.
2 more points from Berger Paints India Ltd's call on revenue
Pro opens every point from 15K+ earnings calls
Profitability & Margins
See what Berger Paints India Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Two new factories are planned: one in Panagar and one in Orissa, with a combined investment of about ₹1,800 to ₹2,000 crore.
- These factories are expected to absorb most of the free cash flow over the next two years, alongside existing cash reserves of over ₹900 crore.
- Capacity expansion includes starting solvent-based resin production at the Hindu Pur plant, mainly for industrial paints but also decorative.
- Investment aims to address stretched industrial paint capacity and prepare for anticipated growth in automotive, protective, and general industries segments.
2 more points from Berger Paints India Ltd's call on capex
Pro opens every point from 15K+ earnings calls
Top-ranked in Consumer Durables
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Berger Paints India Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
Berger Paints India Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹2.9K Cr, net profit ₹335 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Berger Paints India Ltd's management said in earlier quarters
Others in Consumer Durables this season
- Nitco (Q3 FY26)
Q3 FY26 revenue from operations: INR 131.18 crore, up 56% YoY from INR 84.05 crore in Q3 FY25. Key investor presentation takeaways from Nitco Ltd's Q3 FY26 inve
- La Opala RG (Q3 FY26)
Year-on-Year (Y-o-Y) change in revenue: -7.44% . Key investor presentation takeaways from La Opala RG Ltd's Q3 FY26 investor presentation — and how it ranks aga
- Kamdhenu Venture (Q3 FY26)
63.2 Crores . Key investor presentation takeaways from Kamdhenu Venture's Q3 FY26 investor presentation — and how it ranks against sector peers.
- Global Surfaces (Q3 FY26)
Q3-FY26 revenue from operations: INR 593 Mn (28.6% YoY increase from INR 461 Mn in Q3-FY25) [Page 22] . Key investor presentation takeaways from Global Surfaces
Arthneeti Pro · Annual
Berger Paints India Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Berger Paints India Ltd Q3 FY26 results?
Industrial paint segment (especially protective coatings) aims to restore growth with potential double-digit growth expected by FY27 after price adjustments to stay competitive. Berger Paints expects volume growth to return to double-digit levels, with volume growth around 12-13% projected, leading to value growth in the range of 7-8% (Page 8, 24).
What is Berger Paints India Ltd share price analysis?
Berger Paints India Ltd currently shows a neutral. The stock trades at a P/E of 51.8 with a market cap of ₹63,570 Cr. Investors should review the full earnings analysis for detailed insights.
Is Berger Paints India Ltd planning capital expenditure?
Two new factories are planned: one in Panagar and one in Orissa, with a combined investment of about ₹1,800 to ₹2,000 crore.
Keep Berger Paints India Ltd 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 the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.