Berger Paints India announced its Q3 FY26 results, highlighting strong standalone volume growth of 8.5%. The company achieved its highest gross margin in the past 15 quarters, with EBIDTA margin within the guidance range. Despite extended monsoons, demand improved, leading to positive growth. The company sees continued strength in waterproofing, construction chemicals, and wood coatings.
Q3 FY26 Financial Performance
Berger Paints India reported revenue from operations of Rs. 2,984.0 crores for the quarter ended December 31, 2025, a slight increase of 0.3% compared to Rs. 2,975.1 crores in the corresponding quarter of the previous year. EBIDTA (excluding Other Income) was Rs. 471.0 crores, a minor decrease of 0.2%. Net profit stood at Rs. 271.3 crores, down by 8.3% from Rs. 296.0 crores.
Standalone Performance
On a standalone basis, revenue from operations for Q3 FY26 reached Rs. 2,595.0 crores, up by 0.4%. EBIDTA (excluding Other Income) was Rs. 417.2 crores. Net profit for the quarter was Rs. 298.4 crores, a decrease of 2.5%.
Nine Months Performance
For the nine months ended December 31, 2025, Berger Paints reported consolidated revenue from operations of Rs. 9,012.2 crores, an increase of 1.9%. EBIDTA (excluding Other Income) for the same period was Rs. 1,351.6 crores, representing a decline of 5.4%. Net Profit for the nine months was Rs. 792.8 crores.
Key Highlights and Commentary
The company experienced high standalone volume growth of 8.5% during the quarter and achieved its highest gross margin in the past 15 quarters. Demand progressively improved during the later part of Q3 FY26.
Berger Paints noted that results in Nepal continued to be affected by political scenarios, while operations at STP Limited were temporarily impacted by a shutdown at Jamshedpur. The company expects improvements over the coming months.
Source: BSE