Berger Paints (I) Q2 FY27: revenue up 13.2% to ₹3,200 Cr, net profit up 5.1% to ₹217 Cr
Results · Finvezto · 5 Nov 2026 · Berger Paints (I) (BERGEPAINT)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 3,200 | - | +13.2% |
| Operating profit | 371 | - | +5.2% |
| Net profit | 217 | - | +5.1% |
| Operating margin | 11.6% | - | -0.9 pp |
| Net margin | 6.8% | - | -0.5 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Berger Paints reported consolidated revenue growth of 13.2% and standalone revenue growth of 11.9% in Q2 FY27, supported by 8% price growth in the decorative business. Earnings call
- Operating profitability was impacted by double-digit raw material inflation, high-cost inventory liquidation, and Rs 22 crore of promotional spending on the Rang Bana Rahe campaign. Earnings call
- The decorative segment experienced volume moderation due to extended rains in eastern markets and Diwali shifting to Q3, while industrial coatings posted high double-digit growth. Earnings call
What to watch
- Management on operating margin: We are quite confident that we will be quite close to that 15% to 17% band that we have indicated.
- Management on revenue growth: In this quarter, we are hopeful that, you know, this quarter, the revenue growth will be quite robust.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.