Berger Paints

Berger Paints expects double-digit revenue growth to continue through the year as the full benefit of price increases flows through from the September quarter.

Berger Paints shares rose over 9% on 13 May after a 27.52% increase in Q4 net profit to ₹335.25 crore. Revenue reached ₹2,868.03 crore, up from ₹2,704.03 crore, while total expenses rose to ₹2,499 crore.

India’s second-largest paint-maker is turning to staggered price hikes and a sports-heavy ad strategy to combat rising input costs and other disruptions caused by the West Asia conflict.

Berger Paints India reported a consolidated net profit of ₹335.3 crore for Q4 FY26, marking a 27.5% YoY growth. Revenue increased by 6.1% to ₹2,868 crore, with strong performance in the Decorative segment and improved margins. A dividend of ₹4 per share was also announced.

Shares of several paint companies, including Asian Paints and Berger Paints, fell on March 19 as crude oil prices neared $113, complicating production. This rise is attributed to escalating tensions in the Gulf region, affecting energy infrastructure and causing significant price fluctuations.

With a strict long-term investment horizon, Saurabh Jain advises to accumulate Asian Paints, a dominant market leader with unmatched pricing power and resilience and Berger Paints, having superior volume momentum and margin track record as the top picks.

Paint stocks such as Berger Paints and Asian Paints faced significant losses amid escalating Middle East tensions and rising crude oil prices. Higher oil costs threaten profitability for paint manufacturers, potentially leading to increased consumer prices and lower demand.