Shares of Berger Paints India surged after strong Q4 earnings, with brokerages turning bullish on easing competition, double-digit growth prospects and improving margins in FY27
The investor sentiment was further bolstered by favourable commentary from brokerages, which expect the company to gain market share as the paint industry recovers in FY27
Berger Paints India Ltd on Tuesday reported a 27.52 per cent rise in consolidated net profit at Rs 335.25 crore for March quarter FY26 helped by improvement in product mix and softening of raw material prices. The company had logged a profit of Rs 262.91 crore in the year-ago period, Berger Paints India said in a regulatory filing. Revenue from operations in the quarter stood at Rs 2,868.03 crore as against Rs 2,704.03 crore a year ago. Total expenses were higher at Rs 2,499 crore as compared to Rs 2,380.55 crore. "The progressive demand improvement seen in the previous quarter continued into the fourth quarter which enabled the achievement of a healthy volume growth of 11.8 per cent for the quarter. This growth was supported by a qualitative improvement in mix and softening of raw material prices..." Berger Paints India Managing Director & CEO Abhijit Roy said. The automotive segment performed strongly following the increased demand post GST cuts and lower financing costs. This ..
Q4FY26 company results: Firms including Berger Paints, Torrent Power, Max Financial Services, Nazara Technologies, and Vinati Organics are also to release their January-March earnings today
The Bombay High Court restrained circulation of a Berger Paints advertisement after observing that it prima facie crossed into disparagement of Asian Paints
Systematix continues to prefer Berger Paints India, highlighting its consistent growth outperformance and momentum across both decorative and industrial segments
Paint stocks slipped in FY26 Q3 as weak decorative demand, intense competition and rising crude oil prices outweighed hopes of a volume-led recovery
Sector's competitive landscape, Geojit said, has stabilised and that demand is likely to pick up in the coming months, supported by improved weather conditions and the release of pent-up demand
According to Phillip Capital, the risk reward is now favourable for market leaders that are well positioned to navigate near-term volatility and benefit from the revival in India's paint demand
Asian Paints has regained momentum and is set to maintain its dominance after outperforming the industry in the September quarter, Nuvama said
Birla Opus' early gloss fades, giving seasoned players room to repaint the market as disruption fears dry out and demand colours back in
The brokerage has upgraded Asian Paints and Berger Paints to 'Buy,' calling the stability in margins and dealer relationships a "re-rating event" for the industry.
Among individual players, the brokerage sees Kansai Nerolac as likely to be the most affected, given greater disruption in North India
On the bourses, Berger Paints shares were trading 0.75 per cent higher at 533.60 per share, around 9:20 AM. In comparison, BSE Sensex was trading 0.43 per cent higher at 81,453.23 levels.
Paint makers posted marginal Q1 growth after four quarters of decline, with demand aided by softer raw material prices and early festive season, though margins remain under pressure
Berger Paints aims for ₹20,000 crore revenue by 2030, banking on network expansion, innovative products, and strong dealer relationships to hold its 20%+ market share
Berger Paints share price slipped 2.8 per cent and logged an intra-day low at ₹556.2 per share on BSE post Q1 results.
JSW Paints news: JSW Paints' recent acquisition will increase the cut throat competition in the industry. Analysts, now, eye how Asian Paints and other paint stocks will sustain their margins
BPCL, HPCL, IOC, Asian Paints, and other downstream oil companies' stock surged, while ONGC, Oil India dropped after Brent crude oil slipped 5 per cent
Firm's mcap surges 84% in 4 years; combined mcap of rivals slips 23%