Soft Q2 For Berger Paints | See 200-250 Bps Improvement In Margin If Raw Material Prices Improve: Co
CNBC-TV18 · 06 Nov 2026 · 8 min
Management interview of Berger Paints India Ltd (BERGEPAINT), with 9 key numbers discussed.
- Abhijit Roy, MD & CEO, Berger Paints India Ltd
Berger Paints reported 12.5% revenue growth and an operating margin of 14.4% in H1FY27, with Q2 margins impacted by higher input costs. MD & CEO Abhijit Roy stated that demand is recovering, marked by strong double-digit growth in October. The company expects H2 revenue growth to reach 15-17%, driving full-year growth to 14-15%. With an 8-9% cumulative price hike already taken and another 3% scheduled for November, margins could expand by 200-250 bps in Q4FY27 if oil prices stay benign. Additionally, plans for the Panagarh plant in West Bengal will advance following state policy incentives.