BERGER PAINTS (I) LTD

During the earnings conference call for the quarter ended June 30, 2026, management reported a volume growth of approximately 8.4% and a value growth of 12.7%. The decorative business outperformed with nearly 13.5% value growth and around 20% growth in operating profit. Management noted that the protective GI and powder coatings divisions experienced lower growth due to delayed price increases. Gross margins moderated slightly, primarily due to the partial pass-through of input cost increases. Standalone and consolidated profit after tax (PAT) increased by 26% and 29%, respectively. Management highlighted strong growth in HomeShield and wood coatings, and the store footprint expanded to over 1,900 stores. The company plans to sustain double-digit revenue growth, supported by price increases and festive demand. Management acknowledged that market competitiveness remains elevated and emphasized ongoing investments in branding and innovation.

Management highlighted strong growth and positive performance across several business segments.