2026 Global Top 10: Honorable Mention, Berger Paints India Ltd.
Berger Paints India Ltd. serves decorative, industrial and protective coatings markets, along with waterproofing and construction chemicals. Its portfolio includes interior and exterior wall paints, automotive coatings, protective coatings, powder coatings, wood coatings and flooring systems. The company maintains manufacturing operations in India and internationally, including businesses in Nepal and Poland.
For the fiscal year ended March 31, 2026, Berger Paints reported consolidated revenue from operations of ₹11,880.25 crore, an increase of 2.9% from ₹11,544.71 crore in the prior year. PCI uses consolidated revenue as the closest available sales figure because the company does not separately report a coatings-only total.
Honorable Mention:
Berger Paints India Ltd.
2025 Coatings Sales: Approx. $1.36 billion USD (₹11,880.25 crore) for the fiscal year ending March 31, 2026
Headquarters: Kolkata, India
Managing Director & CEO: Abhijit Roy
Consolidated PBDIT declined 1.2% to ₹1,833.30 crore, while the PBDIT margin decreased to 15.4% from 16.1%. Net profit declined 4.6% to ₹1,128.02 crore. The company finished the year with improved momentum: fourth-quarter consolidated revenue increased 6.1% year over year to ₹2,868.03 crore, while net profit increased 27.5% to ₹335.25 crore.
In India, Berger Paints reported 11.8% volume growth in the fourth quarter, supported by decorative coatings, construction chemicals and waterproofing. Protective coatings recorded high-single-digit volume and value growth, while automotive coatings benefited from demand in two- and three-wheelers. Powder coatings also showed sequential and year-over-year recovery.
Berger Paints continued to expand its retail presence in FY2026, reaching approximately 1,900 Berger Exclusive Stores. More than 700 stores were added during the year, while Colorbank tinting-machine installations exceeded 10,000 units.
The company said its FY2027 growth momentum is expected to be led by construction chemicals, waterproofing, wood coatings and new product launches. It also expects protective coatings demand to benefit from government capital-expenditure activity, while continuing to monitor crude-based raw-material costs, currency pressure and competitive intensity.
Source: Berger Paints India Ltd. FY2026 earnings update, company website, investor materials
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