Berger Paints India Limited · NSE:BERGEPAINT
Berger Paints India — Q1 FY27 Earnings Presentation
18 slides from Berger Paints India's earnings presentation, Aug 5, 2026
Slide 1: Exchange filing cover letter: Investor Presentation on Financial Results
5th August, 2026 STOCK. EXG/ AG/ 2026-27 The Corporate Relationship The Listing Department Listing Department Department National Stock Exchange of The Calcutta Stock BSE Limited, India Limited Exchange Ltd. 1st Floor, Exchange Plaza, 5th Floor, 7 Lyons Range, Phiroze Jeejeebhoy Towers, Plot No.-C/1
Slide 2: Berger Paints India Limited Earnings Update Call, Q1 FY27
Berger Paints India Limited Earnings Update Call, Q1 FY27 Aug 05, 2026
Slide 3: Q1 FY27 Performance Summary
Volume growth in high single digits; value growth in double digits Decorative business outperformed with nearly mid-teen Q1 FY27 value growth. Protective, GI and Powder Coatings recorded relatively lower growth. The Decorative performance was Performance supported by calibrated price increases i
Slide 4: Q1 FY27 Topline Performance - Standalone
Q1 FY27 Topline Performance - Standalone Q1 Growth % Home Shield (Construction Chemicals) 25.5 and Wood Coatings delivered strong growth Exterior Emulsions did well , while the 12.7 12.6 newly launched Kolor Plus interior emulsion gained strong traction in the 8.4 premium segment Automotive Co
Slide 5: Gross Margin % trend QoQ
Gross Margin % trend QoQ 42.3 41.2 41.2 40.3 40.3 40.4 40.1 40.0 39.7 39.3 39.6 39.3 Q2 FY24 Q3 FY24 Q4 FY24 Q1FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Gross margin moderated YoY due to raw material inflation, with the full-quarter benefit of recent price increases yet
Slide 6: Operating Margin % trend QoQ
Operating Margin % trend QoQ 18.3 17.2 17.4 17.4 16.5 16.7 16.6 15.8 16.2 16.1 14.5 12.7 Q2 FY 24 Q3 FY 24 Q4 FY 24 Q1 FY 25 Q2 FY 25 Q3 FY 25 Q4 FY 25 Q1 FY 26 Q2 FY 26 Q3 FY 26 Q4 FY 26 Q1 FY 27 Operating margin sustained within the Company's guided range
Slide 7: Financial Results - Standalone
Financial Results - Standalone ₹ Crores Q1 FY27 % Q1 FY26 % Growth Total income from operations 3,226.7 2,862.6 12.7% Material Cost 1,959.3 60.7 1,715.5 59.9 Employee Cost 180.3 5.6 160.0 5.6 Other expenses 524.9 16.3 487.6 17.0 PBDIT (Excluding Other Income) 562.2 17.4 499.5 17.4 12.6% Depreciation
Slide 8: Decorative Business: Q1 FY27
Decorative Business : Q1 FY27 Highest growth in the last 12 quarters, with Decorative delivering ~13.5% value growth, nearly 20% operating profit growth with margin expansion. Exterior Emulsions outperformed, while Kolor Plus continued to gain strong traction in the premium interior emulsions segm
Slide 9: Colour Range: Lustrous Metallic Sheen
LUSTROUS METALLIC SHEEN Colour Range : PU ENRICHED Gold Silver Copper 4 YEARS OF WARRANTY
Slide 10: Wood Coating Product Range
i WOOD COATING il wareoncore | PRODUCT RANGE
Slide 11: VIEW 5
VIEW 5
Slide 12: Financial highlights: Q1 FY27 – Consolidated
Financial highlights : Q1 FY27 – Consolidated Consolidated revenue grew ~12%, with slight moderation versus standalone performance, primarily due to muted revenue growth in wholly owned subsidiaries, Bolix and STP. Operating profit increased ~15%, with consolidated PBDIT margin expanding by ~40
Slide 13: Financial Results – Consolidated
Financial Results – Consolidated ₹ Crores Q1 FY27 % Q1 FY26 % Growth Total income from operations 3,583.8 3,200.8 12.0% Material Cost 2,118.6 59.1 1,874.8 58.6 Employee Cost 245.1 6.8 217.4 6.8 Other expenses 612.7 17.1 580.2 18.1 PBDIT (Excluding Other Income) 607.4 16.9 528.4 16.5 15.0% Depreciati
Slide 14: Subsidiaries/JV performances
Subsidiaries/JV performances BJN Nepal registered double digit value growth Bolix (Wholly Owned Subsidiary) reported flattish revenue during the quarter due to seasonal factors; however, profitability improved driven by gross margin expansion. UK operations remained subdued STP delivered impro
Slide 15: Growing Cash surplus (Consolidated)
Growing Cash surplus (Consolidated) INR Crs 1424 1198 992 June FY 26 March FY 26 June FY 27
Slide 16: oy) S Be S i S --) i) & S eg
oy) S 8 Be S i S --) i) & S eg
Slide 17: Business Outlook FY 27
Business Outlook FY 27 Double-digit revenue growth expected to sustain, supported by the full-quarter impact of price increases in Q2, festive demand and distribution expansion. Operating margins expected to remain within the guided range Well progressing monsoon may support rural sentiment Ma
Slide 18: Disclaimer
Disclaimer This presentation has been prepared by Berger Paints India Limited for information purposes only. The forward looking statements, if any, involve risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the statements.