Berger Paints share price rises over 9% as Q4 profit up 28% to ₹335 crore, dividend recommended; check key numbers

The stock rose as much as 9.27% to ₹533.35 per share on the National Stock Exchange (NSE). At 9:44 am, it was up 6.54% to ₹520 apiece.

Berger Paints Q4 results

Berger Paints India posted a 27.75% rise in consolidated profit after tax to ₹334.77 crore for the March quarter of FY26 due to improvement in product mix and softening of raw material prices. The company had reported a profit of ₹262.05 crore a year back, according to a regulatory filing.

Revenue from operations climbed 6.06% to ₹2,868.03 crore in Q4 FY26, compared to ₹2,704.03 crore in the same period of the previous fiscal year.

The company's board also recommended a dividend of ₹4 per share of the face value of ₹1 each, fully paid-up for FY26, subject to approval of the shareholders at the ensuing annual general meeting.

Commenting on earnings, Abhijit Roy, Managing Director and CEO of Berger Paints India, said, "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% for the quarter. This growth was supported by a qualitative improvement in mix and softening of raw material prices resulting in a JO-quarter high gross margin and operating profit margin."

The automotive segment performed strongly due to increased demand after GST cuts and lower financing costs. The general industrial segment also witnessed good growth, he added.

Protective and powder coatings saw improvements month-on-month, indicating a recovery in growth levels towards the end of the quarter, Roy said.

On the outlook, the CEO said, "The gradual improvement in domestic demand indicators across segments and markets and the sequential monthly uptick in demand are all positive indicators, and results in the months ahead are expected to reflect these movements. The calibrated price increase of over 11 per cent initiated in a staggered manner from end-March 2026 is expected to support the gross margin amid rising raw material costs."

However, he noted that forex volatility and geopolitical uncertainty continue to pose near-term margin risks on both supply disruptions and raw material inflation.