Berger Paints (I) Limited — Investor Meet, 06-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

**Berger Paints Q1 FY27 Earnings Call Summary**

Berger Paints reported strong Q1 FY27, with standalone volume up 8.4% and value growth of 12.7%. Consolidated PAT jumped 28.6%, with PBDIT margin expanding 40 bps YoY to 17.4%. The decorative segment saw robust 13.5% value growth and 20% operating profit growth. Management expects Q2 revenue and margins to improve year-on-year, driven by full impact of price increases and favourable monsoon conditions. Strategic focus includes network expansion (1,900+ stores, 2,100+ tinting machines in Q1 aiming for 10,000 annually) and brand building. Cash surplus reached ₹1,424 Cr. While competition is elevated, management is confident in maintaining high single-digit volume growth for FY27.