Berger Paints India Limited — Quarter ended 31 March 2026 (audited) and year ended 31 March 2026 (audited)
| Sr No | Particulars | For the quarter ended 31.03.2026 Audited (Refer Note 2) | For the quarter ended 31.12.2025 Unaudited | For the quarter ended 31.03.2025 Audited (Refer Note 2) | For the year ended 31.03.2026 Audited | For the year ended 31.03.2025 Audited |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| (a) Revenue from operations | 2,504.00 | 2,595.01 | 2,347.45 | 10,420.10 | 10,169.22 | |
| (b) Other income | 36.15 | 105.72 | 19.45 | 192.87 | 122.21 | |
| Total income | 2,540.15 | 2,700.73 | 2,366.90 | 10,612.97 | 10,291.43 | |
| 2 | Expenses | |||||
| (a) Cost of materials consumed | 1,355.16 | 1,217.96 | 1,248.81 | 5,222.80 | 5,252.79 | |
| (b) Purchases of stock-in-trade | 270.78 | 249.03 | 231.49 | 1,017.79 | 973.42 | |
| (c) Changes in inventories of finished goods, stock-in-trade and work-in-progress | (181.02) | 57.78 | (100.34) | (69.30) | (137.62) | |
| (d) Employee benefits expense | 160.64 | 163.79 | 147.76 | 667.02 | 605.50 | |
| (e) Finance costs | 9.45 | 10.98 | 11.23 | 45.60 | 47.86 | |
| (f) Depreciation and amortisation expense | 88.15 | 88.50 | 79.84 | 345.63 | 317.75 | |
| (g) Other expenses | 439.70 | 489.30 | 430.22 | 1,895.22 | 1,800.99 | |
| Total expenses | 2,142.86 | 2,277.34 | 2,049.01 | 9,124.76 | 8,860.69 | |
| 3 | Profit before exceptional item & tax (1-2) | 397.29 | 423.39 | 317.89 | 1,488.21 | 1,430.74 |
| 4 | Exceptional items (Refer Note 4) | (36.81) | 49.99 | – | 49.99 | – |
| 5 | Profit before tax (3-4) | 434.10 | 373.40 | 317.89 | 1,438.22 | 1,430.74 |
| 6 | Tax expense | |||||
| Current tax | 99.66 | 89.40 | 80.27 | 344.05 | 351.41 | |
| Deferred tax | 7.16 | (14.37) | 0.70 | (1.50) | 1.83 | |
| Total tax expense | 106.82 | 75.03 | 80.97 | 342.56 | 353.24 | |
| 7 | Profit for the period (5-6) | 327.28 | 298.37 | 236.92 | 1,095.66 | 1,077.50 |
| 8 | Other comprehensive income/ (loss) items that will not to be reclassified to profit or loss | |||||
| a) Re-measurement gain/(loss) on defined benefit obligations | 5.46 | 1.05 | (0.52) | 3.67 | 0.29 | |
| b) Income tax on above | (1.38) | (0.26) | 0.13 | (0.93) | (0.07) | |
| Total other comprehensive income/(loss) for the period, net of tax | 4.08 | 0.79 | (0.39) | 2.74 | 0.22 | |
| 9 | Total comprehensive income for the period (7+8) | 331.36 | 299.16 | 236.53 | 1,098.40 | 1,077.72 |
| 10 | Paid-up equity share capital (Face value of Re. 1/- each) | 116.60 | 116.60 | 116.59 | 116.60 | 116.59 |
| 11 | Other Equity | 6,226.30 | 5,564.47 | |||
| 12 | Earnings per Equity Share of Face Value of Re 1 each | |||||
| (a) Basic (amount in INR) | 2.81* | 2.56* | 2.03* | 9.40 | 9.24 | |
| (b) Diluted (amount in INR) | 2.81* | 2.56* | 2.03* | 9.39 | 9.24 |
| Particulars | Rs. In crores As at March 31, 2026 Audited | Rs. In crores As at March 31, 2025 Audited |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 2,440.91 | 2,378.50 |
| Capital work-in-progress | 259.70 | 76.95 |
| Intangible assets | 23.31 | 13.66 |
| Right-of-use assets | 565.51 | 580.59 |
| Intangible asset under development | 0.22 | 2.68 |
| Financial assets | ||
| (a) Investments | 745.42 | 745.42 |
| (b) Trade receivables | 7.45 | 10.14 |
| (c) Loans | 39.43 | 35.53 |
| (d) Other financial assets | 146.38 | 98.44 |
| Income tax assets (net) | 24.36 | 39.79 |
| Other non-current assets | 13.00 | 61.01 |
| Total Non-current assets | 4,265.69 | 4,042.71 |
| Current assets | ||
| Inventories | 2,225.60 | 2,206.60 |
| Financial assets | ||
| (a) Investments | 936.53 | 303.96 |
| (b) Trade receivables | 1,129.27 | 1,124.37 |
| (c) Cash and cash equivalents | 151.94 | 141.39 |
| (d) Bank balances other than (c) above | 55.01 | 224.46 |
| (e) Loans | 3.00 | 4.00 |
| (f) Other financial assets | 92.26 | 36.09 |
| Other current assets | 86.90 | 92.93 |
| Total Current assets | 4,680.51 | 4,133.80 |
| Total assets | 8,946.20 | 8,176.51 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 116.60 | 116.59 |
| Other equity | 6,226.30 | 5,564.47 |
| Total Equity | 6,342.90 | 5,681.06 |
| Liabilities | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| (a) Lease liabilities | 358.48 | 392.99 |
| (b) Other financial liabilities | 52.73 | 65.02 |
| Provisions | 5.41 | 5.01 |
| Deferred tax liabilities (net) | 38.39 | 38.96 |
| Other non-current liabilities | 6.18 | 7.71 |
| Total Non-current liabilities | 461.19 | 509.69 |
| Current liabilities | ||
| Financial liabilities | ||
| (a) Borrowings | 0.39 | (not visible) |
| (b) Lease liabilities | 100.26 | 99.11 |
| (c) Trade payables | ||
| i) Total outstanding dues of micro enterprises and small enterprises | 92.24 | 73.48 |
| ii) Total outstanding dues of creditors other than micro enterprises and small enterprises | 1,430.02 | 1,495.86 |
| (d) Other financial liabilities | 252.70 | 111.07 |
| Other current liabilities | 99.54 | 113.86 |
| Provisions | 116.20 | 62.69 |
| Income tax liabilities (net) | 51.15 | 29.30 |
| Total Current liabilities | 2,142.11 | 1,985.76 |
| Total liabilities | 2,603.30 | 2,495.45 |
| Total equity and liabilities | 8,946.20 | 8,176.51 |
| Particulars | Year ended March 31, 2026 | Year ended March 31, 2025 |
|---|---|---|
| A. Cash flows from operating activities: | ||
| Profit before tax | 1,438.22 | 1,430.74 |
| Adjustments to reconcile profit before tax to net cash flows: | ||
| – Depreciation and amortisation expense | 345.63 | 317.75 |
| – Exceptional Item | 49.99 | |
| – (Profit)/loss on sale/discard of Property, plant and equipment | (7.27) | 1.55 |
| – Share based payment to employees | 5.95 | 6.12 |
| – Sundry balances written back | (0.96) | (3.45) |
| – Gain on early termination of leases | (5.14) | (4.62) |
| – Corporate guarantee Income | (0.05) | (0.05) |
| – Net foreign exchange differences (unrealised) | 5.56 | 1.59 |
| – Impairment loss on trade receivables | 20.39 | 23.40 |
| – Net gain on sale of mutual fund investments measured at Fair Value Through Profit or Loss (FVTPL) | (36.64) | (14.24) |
| – Fair value gain on mutual fund investments measured at Fair Value Through Profit or Loss (FVTPL) | (4.94) | (2.25) |
| – Dividend income | (90.20) | (53.90) |
| – Finance costs | 45.60 | 47.86 |
| – Interest income | (21.36) | (20.86) |
| Operating profit before working capital changes | 1,744.78 | 1,729.64 |
| Adjustments for: | ||
| – Increase/(Decrease) in trade payables | (52.39) | 3.65 |
| – Increase/(Decrease) in other financial liabilities | 93.53 | (0.16) |
| – Decrease in other liabilities | (15.85) | (11.83) |
| – Increase in provisions | 7.19 | 6.84 |
| – (Increase)/Decrease in deposits and other financial assets | (25.48) | 13.97 |
| – Decrease in other assets | 7.24 | 73.06 |
| – Increase in trade receivables | (26.81) | (160.67) |
| – Increase in inventories | (19.00) | (187.17) |
| Cash generated from operations | 1,713.21 | 1,467.33 |
| Direct taxes paid (net of refunds) | (306.78) | (348.50) |
| Net cash flows from operating activities (A) | 1,406.43 | 1,118.83 |
| B. Cash flows from investing activities: | ||
| Purchase of property, plant and equipment and intangible assets (including capital work in progress and intangible assets under development) | (431.31) | (355.56) |
| Proceeds from sale of property, plant and equipment and intangible assets | 12.49 | 1.81 |
| Loan given to subsidiary | (5.90) | (7.03) |
| Loan repaid by Subsidiary | 3.00 | 4.00 |
| Proceeds from sale of current investments | 4,378.75 | 1,496.67 |
| Purchase of current investments | (4,969.74) | (1,732.79) |
| Proceeds from maturity of fixed deposits with banks | 175.49 | 237.53 |
| Investment in fixed deposits with banks | (85.88) | (260.46) |
| Dividend received | 90.20 | 53.90 |
| Interest received | 21.67 | 18.77 |
| Net cash flows used in investing activities (B) | (811.23) | (543.16) |
| C. Cash flows from financing activities: | ||
| Proceeds from issuance of equity share capital | 0.53 | 0.01 |
| Net movement in cash credit | (0.39) | (4.02) |
| Other short term borrowings taken | 527.30 | 650.05 |
| Repayment of other short term borrowings | (527.30) | (710.05) |
| Payment of lease liabilities – principal portion | (105.41) | (75.85) |
| Payment of lease liabilities – interest portion | (34.41) | (36.89) |
| Interest paid | (1.93) | (0.70) |
| Dividend paid | (443.04) | (408.03) |
| Net cash flows used in financing activities (C) | (584.65) | (585.48) |
| Net Increase / (decrease) in cash and cash equivalents [A+B+C] | 10.55 | (9.81) |
| Cash and cash equivalents as at the beginning of the year | 141.39 | 151.20 |
| Cash and cash equivalents as at end of the year | 151.94 | 141.39 |
| Particulars | Year ended March 31, 2026 | Year ended March 31, 2025 |
|---|---|---|
| Balances with banks: | ||
| – On current accounts | 129.75 | 137.10 |
| – Deposits with original maturity of less than three months | 21.25 | 1.75 |
| Cheques/drafts on hand | 0.78 | 2.35 |
| Cash on hand | 0.16 | 0.19 |
| Total cash and cash equivalents | 151.94 | 141.39 |
| Sr No | Particulars | For the quarter ended 31.03.2026 (Audited (Refer note 2)) | For the quarter ended 31.12.2025 (Unaudited) | For the quarter ended 31.03.2025 (Audited (Refer note 2)) | For the year ended 31.03.2026 (Audited) | For the year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| (a) Revenue from operations | 2,868.03 | 2,983.97 | 2,704.03 | 11,880.25 | 11,544.71 | |
| (b) Other Income (Refer Note-4) | 21.71 | 30.53 | 17.11 | 106.70 | 94.78 | |
| Total income | 2,889.74 | 3,014.50 | 2,721.14 | 11,986.95 | 11,639.49 | |
| 2 | Expenses | |||||
| (a) Cost of materials consumed | 1,500.51 | 1,369.72 | 1,393.22 | 5,839.81 | 5,874.69 | |
| (b) Purchases of stock-in-trade | 281.00 | 258.47 | 247.87 | 1,061.83 | 1,021.65 | |
| (c) Changes in inventories of finished goods, stock |