Berger Paints' Net Profit Declines 4.63% to ₹1,128.02 Crore in FY26

New Delhi, May 12: Berger Paints saw its net profit dip by 4.63% in FY26. The company's total income grew by 2.99%. In the fourth quarter, profit after tax surged by 27.52%. The board recommended a dividend of ₹4 per share.

Q4 FY26 Performance

In Q4 FY26, net consolidated total income grew by 6.20 per cent to ₹2,889.74 crore, compared to ₹2,721.14 crore in the same quarter last year. Profit after tax rose 27.52 per cent to ₹335.25 crore in Q4 FY26, against ₹262.91 crore in the corresponding quarter of the previous fiscal.

CEO Statement on Price Increases

Abhijit Roy, managing director & CEO, said, "The calibrated price increases 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 cost. Our Nepal operations performance remained impacted by the unstable political scenario & elections there, which is expected to now improve with the changed scenario."

Dividend and Key Ratios

The board of directors recommended payment of dividend of ₹4 (400%) per equity share of face value of ₹1 each fully paid-up for FY26. As on March 31, 2026, net worth stood at ₹2,863.32 crore, debt-equity ratio was 0.51, operating margin was 12.3 per cent and net profit margin was 3.7 per cent.

Leadership Re-appointment

The board also approved re-appointment of Abhijit Roy as managing director & CEO for a further period of four years with effect from July 1, 2027 to June 30, 2031.