Berger Paints (I) Limited (BERGEPAINT) Q1 Results FY27 Preview: Date, Time, Expectations & Key Things To Watch

CompoundingAI Research Updated July 31, 2026 3 min read

Berger Paints enters its Q1 FY27 results following a year of significant network expansion and a strong 11.8% volume growth exit in the previous quarter. Investors will be focused on whether the company can maintain its operating margin band amid raw material price fluctuations and the competitive entry of new players.

Quick Details

Results date	August 05, 2026
Quarter	Q1 FY 2026-2027
Previous quarter revenue	Rs. 2,868.0 Cr
Previous quarter PAT	Rs. 335.3 Cr
Previous quarter EBITDA margin	18.3%
Market cap	Rs. 60,620.49 Cr
CMP	Rs. 519.9

Berger Paints (I) Limited Q1 Results Date and Time

The board meeting is scheduled for August 05, 2026, to consider the unaudited financial results for the quarter ended June 30, 2026.

A post-results conference call is scheduled for August 05, 2026, at 5:00 PM IST with the MD, CEO, and CFO.

What to expect from Berger Paints (I) Limited's Q1 FY27 results

Management's primary focus remains maintaining the operating margin band of 15–17%, even as the company navigates the absorption of high-cost raw materials purchased during the April–May crude oil spike. Decorative volume demand is expected to show resilience, with third-party projections suggesting ~9% YoY growth aided by channel stocking and a delayed monsoon. The industrial segment is under close watch for a turnaround, with management targeting a return to double-digit growth in protective coatings for FY27. Finally, the upcoming call will likely address the impact of the 11–12% cumulative price hikes on consumer demand and the company's competitive response to new market entrants.

Key Things To Watch

Performance vs Guidance Tracking: Tracking key operational and financial targets for FY27.

Operating margin — 15% – 17% band — maintained throughout FY26
Protective coatings — double-digit growth trajectory — targeted for FY27
Capex — Rs. 1,800–2,000 Cr — planned for Panagarh and Khordha plants over 2–3 years

Raw Material & Pricing Dynamics: Assessing the impact of cost volatility on gross margins.

Absorption of high-cost inventory from the April–May crude spike ($126/bbl peak)
Sustainability of the 42.3% gross margin achieved in Q4 FY26
Impact of 11–12% cumulative price hikes on volume elasticity during Q1

Competitive Landscape: Monitoring market share and response to new entrants.

Response to Birla Opus's expansion, which includes 218 products and 1,200+ exclusive stores
Competitive intensity in the economy segment and potential shifts in trade schemes or ad spend

Operational Metrics: Tracking growth drivers across segments.

Decorative volume growth momentum following the 11.8% exit in Q4 FY26
Performance of construction chemicals and waterproofing, which showed robust momentum in FY26
Impact of GST cuts on automotive coatings demand for two/three-wheelers

Frequently Asked Questions

How did Berger Paints perform in its previous quarter?

In Q4 FY26, the company reported consolidated revenue of Rs. 2,868.0 Cr and a net profit of Rs. 335.3 Cr. This performance was supported by an 11.8% standalone volume growth and a 12-quarter high gross margin of 42.3%.

What is the status of the company's new factory investments?

Berger plans to invest Rs. 1,800–2,000 Cr in two new factories located at Panagarh and Khordha. The company spent Rs. 518 Cr on capex during FY26 and expects to fund the remaining investment through internal accruals.

Is the company on track with its operating margin guidance?

Yes, management has consistently maintained an operating margin guidance band of 15–17%. While the margin reached 18.3% in Q4 FY26 due to favorable mix and operating leverage, management prefers to reinvest excess gains into brand building.