Published on 14/05/2025 03:22 PM
Berger Paints Q4 Results: Volume growth at 7.4%; CEO optimistic about future demandBerger Paints Managing Director and CEO Abhijit Roy said the company is currently at zero gross debt and have further improved its cash position at the end of the quarter.By Meghna Sen May 14, 2025, 3:22:14 PM IST (Updated)2 Min ReadBerger Paints India Ltd. on Wednesday, May 14, reported a volume growth of 7.4% during the January-March period. Net profit for the quarter rose 18% year-on-year to ₹263 crore as against ₹222.6 crore in the same quarter a year ago.
The paint company's revenue from operations for the quarter stood at ₹2,704 crore, a 7% growth from last year's ₹2,520 crore.
The company's EBITDA (Earnings before interest, taxes, depreciation and amortisation) rose 22% to ₹427.7 crore for the quarter from ₹351 crore last year.
Margin stood at 15.8%, compared to 13.9% in the year-ago period.
The company recorded high single-digit volume growth in decorative segment. Decorative market share improvement sustained in Q4 in spite of increased competition, it said in a statement.
Berger Paints will pay a dividend of ₹3.80 (380%) per equity share of the face value of ₹1 each fully paid-up for the financial year 2024-25.
This will be subject to approval of the shareholders at the 101st Annual General Meeting.
Berger Paints Managing Director and CEO Abhijit Roy said the tough market conditions continued into the fourth quarter with muted urban demand and increased competition intensity. In spite of this, the company was able to deliver high single-digit volume growth, with sequential improvement in value performance with reduced gap between volume-value growth gap, supported by easing impact of Q4 FY24 price reductions and momentum in the premium emulsion category.
On the international front, Berger Paints' operations in Poland and Nepal saw good topline performances with the Nepal operations seeing a turnaround on the back of improved business conditions and a low base.
"We remain optimistic about the demand scenario for the months ahead on the back of the favorable budget announcements, government spending on infrastructure & development and a good monsoon season."
The company is currently at zero gross debt and have further improved its cash position at the end of the quarter.
Following the earnings announcement, shares of Berger Paints India Ltd. are trading 2.58% higher at ₹556.90. The stock has risen nearly 22% so far in 2025Continue ReadingFirst Published: May 14, 2025 3:17 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsBerger PaintsBerger Paints earningsBerger Paints Q4Berger Paints shareearnings