Latest news with #BergerPaintsIndiaLtd
The Print
22-07-2025
- Business
- The Print
Berger Paints prioritises sustainable growth, focuses on core segments
The paint industry is witnessing intensified competition with new players entering the estimated Rs 1 lakh crore market alongside ongoing consolidation. Kolkata, Jul 22 (PTI) Berger Paints India Ltd, the country's second-largest paint company, has reaffirmed its resilience amid intensifying competition and economic headwinds. Addressing shareholders in the company's latest annual report, Rishma Kaur said, 'At the heart of Berger Paints' enduring success lies a single-minded commitment: to deliver a differentiated and superior experience to our customers. This is not a one-time exercise but a continuous endeavour grounded in research, innovation, and execution.' She stressed that Berger has never chased market share through 'unsustainable discounts or gimmicks,' adding, 'Our focus has always been on long-term value creation, building structures of confidence, systems of reliability, and a reputation grounded in integrity.' Outlining strategic priorities, Kaur said Berger's path ahead is anchored on deeper customer alignment, technology-led transformation through AI and digital tools, and continued focus on innovation and sustainable growth. 'We are also re-examining opportunities in our traditional core segments, where we see untapped potential for value enhancement,' Kaur said. She further articulated her vision for the company to become 'the most admired Indian paint & coating solutions company with globally recognised innovations and competencies. MD & CEO Abhijit Roy, in his message to shareholders, highlighted that despite macroeconomic pressures and rising competition, Berger delivered a resilient performance in 2024-25. 'We achieved a 1.7 per cent growth in total income from operations, with PAT growth at 6.2 per cent. Despite a sluggish external environment and pricing pressures, Berger Paints reported steady progress on all key financial and operational parameters,' Roy said. He pointed out that the company's decorative paints segment, which contributes 80 per cent of total revenues, posted a 7.4 per cent year-on-year volume growth. 'Our market share tells a compelling story. From 18.9 per cent in FY 2021-22, we moved to 19.3 per cent, then to 19.5 per cent, and this year saw the sharpest increase, reaching 20.3 per cent,' he added. Looking ahead, Roy expressed optimism about the future, stating, 'We foresee a strong resurgence in consumer demand, a decisive shift toward premiumisation, and accelerated adoption of digital and sustainable practices.' PTI BSM NN This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Business Standard
09-07-2025
- Business
- Business Standard
Berger Paints India Ltd Spikes 1.03%
Berger Paints India Ltd has added 2.97% over last one month compared to 3.14% gain in BSE Consumer Durables index and 1.43% rise in the SENSEX Berger Paints India Ltd rose 1.03% today to trade at Rs 588.3. The BSE Consumer Durables index is up 0.41% to quote at 60269.94. The index is up 3.14 % over last one month. Among the other constituents of the index, Asian Paints Ltd increased 1.02% and Dixon Technologies (India) Ltd added 0.62% on the day. The BSE Consumer Durables index went up 2.14 % over last one year compared to the 4.07% surge in benchmark SENSEX. Berger Paints India Ltd has added 2.97% over last one month compared to 3.14% gain in BSE Consumer Durables index and 1.43% rise in the SENSEX. On the BSE, 185 shares were traded in the counter so far compared with average daily volumes of 30329 shares in the past one month. The stock hit a record high of Rs 629.6 on 17 Sep 2024. The stock hit a 52-week low of Rs 437.8 on 30 Dec 2024.
Business Standard
02-07-2025
- Business
- Business Standard
Asian Paints Ltd Slides 1.06%
Asian Paints Ltd has added 3.38% over last one month compared to 3.82% gain in BSE Consumer Durables index and 2.97% rise in the SENSEX Asian Paints Ltd fell 1.06% today to trade at Rs 2343.75. The BSE Consumer Durables index is down 0.21% to quote at 59915.22. The index is up 3.82 % over last one month. Among the other constituents of the index, Berger Paints India Ltd decreased 1% and Voltas Ltd lost 0.38% on the day. The BSE Consumer Durables index went up 1.43 % over last one year compared to the 5.47% surge in benchmark SENSEX. Asian Paints Ltd has added 3.38% over last one month compared to 3.82% gain in BSE Consumer Durables index and 2.97% rise in the SENSEX. On the BSE, 7307 shares were traded in the counter so far compared with average daily volumes of 59990 shares in the past one month. The stock hit a record high of Rs 3394 on 16 Sep 2024. The stock hit a 52-week low of Rs 2125 on 04 Mar 2025.
Time of India
15-05-2025
- Automotive
- Time of India
Berger Paints India's net profit up 18% at ₹262.91 crore in Q4 FY25
NEW DELHI: Berger Paints India Ltd on Wednesday reported an 18 per cent rise in consolidated net profit at Rs 262.91 crore in the fourth quarter ended March 31, 2025, on the back of volume growth. The company had posted a consolidated net profit of Rs 222.62 crore in the same period of the previous fiscal, Berger Paints India said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 2,704.03 crore against Rs 2,520.28 crore in the year-ago period, it added. Total expenses in the fourth quarter were higher at Rs 2,380.55 crore as compared to Rs 2,274.13 crore in the corresponding period a year ago. In the fourth quarter, sales volume grew by 7.4 per cent. The decorative segment delivered high single-digit volume growth with sequential improvement in value, supported by an improved product mix and marginal impact of price increase, Berger Paints said in an investor presentation. While the protective coatings sustained positive momentum throughout the quarter, reflecting consistent demand, automotive coatings had a stable growth, driven by favourable demand conditions and industry tailwinds, it said, adding that general industrial and powder growth was muted. "The tough market conditions continued into the fourth quarter with muted urban demand and increased competition intensity. In spite of this, we were able to deliver high single-digit volume growth," Berger Paints India Ltd Managing Director & CEO Abhijit Roy said. There was sequential improvement in value performance with reduced gap between volume and value growth, supported by easing impact of Q4 FY24 price reductions and momentum in the premium emulsion category, he added. The visible improvement in the industrial and decorative segments was good indicator of a demand improvement cycle, Roy said. In the fiscal ended March 31, 2025, its consolidated net profit was at Rs 1,182.81 crore as compared to Rs 1,169.82 crore in the previous fiscal, the company said. FY25 revenue from operations stood at Rs 11,544.71 crore against Rs 11,198.92 crore in FY24, it added. On the outlook, Roy said, "We remain optimistic about the demand scenario for the months ahead on the back of the favourable budget announcements, government spending on infrastructure and development and a good monsoon season. The strained geopolitical conditions in the immediate neighbourhood seem to have stabilised, which hopefully will continue."
