Berger Paints (I) Limited — Investor Meet, 19-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Berger Paints India posted 7.4% volume and 4.4% revenue growth in Q4, with operating profit rising 19.8% and margin expanding to 16.6%. Market share climbed to 20.3%, led by gains in decorative, construction chemicals, waterproofing, and automotive coatings. Gross margin improved to 41.2% due to raw material cost drops and better product mix. Subsidiaries Bolex and Nepal showed strong recovery, boosting consolidated growth. Management expects steady margins (15-17%) and improving revenue in FY26, supported by urban demand, expanded distribution (1,000+ stores), and new product innovation. Net cash stands at ₹688 Cr, with no gross debt.