ALFA Finder| EBITDA Margin: guided vs achieved | 14.40% achieved Guided 15.00%–17.00%, -15.3% above the top of the range |
|---|
| Revenue growth | Standalone Q2 +11.9%; H1 +12.3% |
|---|---|
| Margins | Standalone GM 36.6% Q2, 38.1% H1; EBITDA 10.8% Q2 vs 14.4% H1 |
| Demand visibility | Oct strongest sales growth in 25-30 months; Q3 growth expected robust |
| Management confidence | Confident margins near 15-17% band in Q3/Q4 |
Growth
Q2 standalone revenue +11.9%, PAT -7.3%; consolidated revenue +13.2%, PAT +5.2%. H1 standalone revenue +12.3%, PAT +13.2%.
Outlook
Targets EBITDA margin near the 15-17% band in Q3-Q4 via price hikes and cost savings. Funds West Bengal and Odisha plants from internal cash.
Risks
Raw-material inflation, high-cost inventory liquidation, delayed industrial price hikes, ₹22 Cr campaign spend, intensifying new-entrant competition.
Last quarter's promises, checked
Delivered
- Double-digit revenue growth → Q2 standalone +11.9% (= BEAT)
- Decorative price hike 7.5–8.5% → ~8% (= BEAT)
Partly delivered
- Industrial price hikes fully in Q2 → 90% recovery by Nov-end (= PARTIAL)
- ~10,000 tinting machines FY27 → 2,100+ in Q1, 2,700 in Q2 (= PARTIAL)
Missed
- Q2 margin better than Q1's 17.4% → EBITDA 10.8% (= MISS)
- Q2 volume 7.5–8% → +3% (= MISS)
- Q2 standalone revenue growth above Q1's 12.7% → +11.9% (= MISS)
Investor Presentation filed with NSE, NSE: BERGEPAINT. Summary written with AI assistance from the document.
Berger Paints (India) Ltd: key numbers
- Share price
- ₹478.35
- Market cap
- ₹55,771 Cr
- Revenue (annual)
- ₹11,880 Cr
- Net profit (annual)
- ₹1,127 Cr
- P/E (TTM)
- 45.5×Sector 43.8×
- Promoter holding
- 74.99%+0.01% QoQ
- FII holding
- 4.96%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Berger Paints (India) Ltd
All →Berger Paints (India) Q2 FY27 Results: Net Profit ₹217.1 Cr, Up 5.2% YoY
Berger Paints (India) Ltd reported revenue from operations of ₹3,200 Cr (+13.2% YoY) and net profit of ₹217.1 Cr (+5.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹217.1 Cr · +5.2% YoY
Berger Paints (India) Other Announcement
Berger Paints India submitted its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026, as per regulatory requirements.
Berger Paints (India) Annual General Meeting
Shareholders approved the appointment of Mr. Navjeet Singh Sobti as Independent Director and Mr. Amardeep Jain as Whole-time Director via postal ballot.
Berger Paints (India) Board Meeting Date
Berger Paints (I) Limited scheduled a board meeting for November 5, 2026, to consider financial results for the quarter ended September 2026.
Berger Paints (India) Other Announcement
A Designated Person sold 54 equity shares of Berger Paints India Ltd in a market transaction. This is a routine compliance filing regarding insider trading disclosure.
Berger Paints (India) Promoter Buying: ₹4.84 Cr
Promoters of Berger Paints purchased equity shares worth Rs. 4.34 Crore via open market transactions.
- Value
- ₹4.84 Cr