Latest news with #BergerPaints'
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Business Standard
7 days ago
- Business
- Business Standard
Berger Paints slips 3% on posting Q1 results; should you buy, sell or hold?
Berger Paints shares slipped 2.8 per cent on Wednesday, August 6, 2025, and logged an intra-day low at ₹556.2 per share on BSE. At 9:50 AM, Berger Paints' share price was down 2.6 per cent at ₹557.6 per share. In comparison, the BSE Sensex was 0.11 per cent lower at 80,621.97. The paint company posted its Q1 results during market hours on Tuesday. Post that, the stock closed 0.5 per cent higher at ₹572.5 per share. Berger Paints Q1 results Berger Paints reported an 11 per cent year-on-year (Y-o-Y) decline in first-quarter net profit to ₹315.04 crore, as compared to ₹354.03 crore a year ago. Revenue for the quarter under review came in at ₹3,200.76 crore, as compared to ₹3,091.01 crore a year ago, up 3.55 per cent. Besides, the decorative segment delivered mid single-digit volume growth; the volume-value gap narrowed, driven by improved mix and waning impact of prior price corrections. Gross margins remained stable across quarters inspite of increased competition. In Q1FY26, the gross margin stood at 40.1 per cent, 41.2 per cent in Q4FY25 and 39.3 per cent a year ago. Berger Paints earnings call highlights: The company aims to remain at 15–17 per cent Earnings before interest, tax, depreciation and amortisation (Ebitda) margin range. In standalone, it is operating Ebitda margins is expected above 17 per cent. Recovery shall come post monsoon, which will aid in the pickup of value as well as volume growth momentum. Management expects 7–9 per cent volume growth postmonsoons. Volume-value gap in the next three quarters is likely to remain at 1.5–2 per cent largely due to a mix of the products. If everything goes well, the company expects value growth to potentially reach the 9–10 per cent range in Q3/Q4FY26. From Q4FY26, Berger Paints expects an urban recovery to aid in overall revenue growth. In the earnings call, Berger highlighted that the initial dealer enthusiasm for new competitors has faded as expanded networks led to reduced margins. Nuvama Institutional Equities has maintained a 'Buy' and raised the target to ₹670 per share from ₹660 as the brokerage expects a gradual recovery in demand going ahead. InCred Equities has maintained 'Hold' on Berger Paints and has increased its target to ₹620 from ₹600. While the paint industry has been reeling from intense competition, the brokerage expects Berger to continue to outperform the industry in the medium. term
Hindustan Times
26-05-2025
- Business
- Hindustan Times
Berger Paint's ‘Garmi Gone, Thandak On' campaign – The Kool way to beat the heatgene
What comes to mind when you think of Indian summers? Many may say discomfort, higher electricity bills, and finding ways to keep cool indoors. In many regions, soaring temperatures go over 45°C, turning homes into heat traps. Roofs and exterior walls absorb heat by day and radiate it indoors for extended periods. Water tanks placed on terraces can heat the stored water 8–10°C above outside temperature. Berger Paints India Ltd., one of the leading paint companies in India, has introduced a potential solution: the 'Kool' range of coatings, equipped with 'Heat Reflective Nano Techonology',designed to reflect heat, with the aim to reduce indoor temperatures by up to10°C, and helping make homes more energy-efficient. These coatings come under the brand's summer campaign,'Garmi Gone, Thandak On', and are designed to address heat-entry points like walls, roofs, and water tanks. Here's how each product works as part of this cooling solution: Exterior walls tend to soak up the sun's heat and also attract dust. This problem could make the buildings look worn and feel warmer. Weathercoat Anti Dustt Kool aims to address this issue by offering long lasting whiteness, increase performance, and efficacy of paint. A potential solution to keep cool while maintaining the neat exterior of your home. Rooftops are constantly exposed to the harsh summer heat and, during monsoon, they could be prone to water damage. This product is designed to offer a double protection - cooling in summer and waterproofing during the rainy season. Water stored in overhead tanks heats up quickly, making bathing and other chores unpleasant. Tank Kool is designed to reflect sunlight and keep stored water cooler throughout the day. These three products together could provide a long-lasting solution to indoor heat management. Reflecting heat at the surface level directly impacts the amount of heat entering indoors. This could help in lowering the workload on cooling appliances like fans and air conditioners, thereby saving on electricity bills. The Kool range is a cost-effective and eco-friendly way to deal with India's summer. With features like dust resistance, waterproofing, and improved surface durability, the products are designed to help protect and maintain your home through the year. Berger Paints' Kool range offers solutions to everyday heat problems. With up to 10°C cooler surfaces, these coatings offer a practical, long-term solution to managing hot summer days, increased energy bills, and high water temperatures. As the summer peaks, it may be time to consider a cost-efficient cooling solution that aims to provide better protection and effective performance.
