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Berger Paints has shown a notable bullish pattern on its weekly chart, particularly near its historical support level of Rs 45013-06-2024
13-06-2024
BERGER PAINTS INDIA LTD. - 509480 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, we enclose herewith copy of notice published in newspaper on 31st May, 2024 i.e. Business Standard (English) and Aajkal (Bengali) as required under IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016 as amended from time, inviting attention of concrned shareholders to submit their claims in respect of unclaimed dividends of the Company for last seven consecutive years failing which their shares would be transferred to IEPF Authority in accordance with Section 124(6) of the Companies Act, 2013 and rules made thereunder.31-05-2024
BERGER PAINTS INDIA LTD. - 509480 - General Updates - Submission Of Impact Of Audit Qualifications (Consolidated) For Financial Year Ended On 31.03.2024
Please find attached statement of Statement of Impact of Audit Qualifications (Consolidated) for the financial year ended 31.03.2024.30-05-2024
BERGER PAINTS INDIA LTD. - 509480 - Announcement Under Reg. 30 (Updates) - Reconstitution Of Committees
Please find attached letter dated 20th May, 2024 intimating Reconstitution of Committees of Board.20-05-2024
BERGER PAINTS INDIA LTD. - 509480 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Please find attached Annual Secretarial Compliance Report under Reg 24(A) of SEBI - LODR for the year ended 31st March, 2024.20-05-2024
BERGER PAINTS INDIA LTD. - 509480 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find attached letter dated 17th May, 2024 containing link of transcript of Investor Presentation on financial results of the Company for the quarter and year ended 31st March, 2024.17-05-2024
BERGER PAINTS INDIA LTD. - 509480 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We wish to inform you that pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Mr Abhijit Roy, Managing Director & CEO of the Company will hold a virtual meeting with a group of Investors at a conference to be organized by J.P Morgan on 5th June, 2024 at 4 p.m. Further no unpublished price sensitive information will be shared during the above meeting. We request you to take the above information on record.17-05-2024
Berger Paints Q4 Results Review - Consistent Growth In Market Share: Dolat Capital
Majority of the key subsidiaries delivered a strong performance16-05-2024
BERGER PAINTS INDIA LTD. - 509480 - Announcement Under Reg 30 - Media Recordings Of Investor Conference Call
Please find attached media recordings of Investor Conference Call held today for the Q4 results FY 2023-24. Details are provided in the attached letter.15-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Berger Paints (India) Ltd.
Furniture-Furnishing-Paints company Berger Paints (India) announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Consolidated: Revenue from Operations for the quarter ended 31st March, 2024 was Rs 2,520.3 crore as against Rs 2,443.6 crore in the corresponding quarter of the last financial year, representing an increase of 3.1% over the corresponding period of last financial year. EBIDTA (excluding other income) in Q4FY24 was Rs 350.9 crore as against Rs 368.8 crore in the corresponding quarter of the last financial year, representing a decline of 4.8% over the corresponding period of last financial year. Net Profit for Q4FY24 was Rs 222.6 crore as against Rs 186.0 crore in the corresponding quarter of the last financial year, representing an increase of 19.7% over the corresponding period of last financial year. Standalone: Revenue from Operations for Q4FY24 was Rs 2,249.1 crore as against Rs 2,189.3 crore in the corresponding quarter of the last financial year, representing an increase of 2.7% over the corresponding period of last financial year. EBIDTA (excluding other income) for Q4FY24 was Rs 325.1 crore as against Rs 342.5 crore in the corresponding quarter of the last financial year, representing decline of 5.1% over the corresponding period of last financial year. Net Profit for Q4FY24 was Rs 181.6 crore as against Rs 196.2 crore in the corresponding quarter of the last financial year, representing a decline of 7.5% over the corresponding period of last financial year FY24 Financial Highlights: Consolidated: Revenue from Operations for FY24 was Rs 11,198.9 crore as against Rs 10,567.8 crore in the corresponding financial year, representing an increase of 6.0% over the corresponding period of last financial year. EBIDTA (excluding other income) for the year ended 31st March 2024 was Rs 1,861.3 crore as against Rs 1,487.2 crore in the corresponding financial year, representing an increase of 25.2% over the corresponding period of last financial year. Profit for FY24 was Rs 1,169.8 crore as against Rs 860.4 crore corresponding last financial year, representing an increase of 36.0% over the corresponding period of last financial year Standalone: Revenue from Operations for FY24 was Rs 10,002.9 crore as against Rs 9,470.6 crore in the corresponding financial year, representing an increase of 5.6% over the corresponding period of last financial year. EBTDTA (excluding other income) for FY24 was Rs 1,671.7 crore as against Rs 1,345.9 crore in the corresponding last financial year, representing an increase of 24.2% over the corresponding period of last financial year. Net Profit in FY24 was Rs 1,015.1 crore as against Rs 828.4 crore in the corresponding last financial year, representing an increase of 22.5% over the corresponding period of last financial year. Abhijit Roy, Managilng Director & CEO of Berger Paints India said, "We gained market share again in FY24 and as a milestone crossed Rs 10,000 crore in revenue and PAT of Rs 1,000 crore on a stand-alone basis, a significant event on our 100th year in India. Our Q4FY24 sales were at a healthy double digit volume growth. The value growth was adversely impacted by a massive 4%+ price reduction in the year, an increased contribution of high-volume low value products and a lower than expected sale in the luxury segment from the anticipation of a price reduction in this segment. On the profitability front in Q4FY24, while the gross margins were maintained the ebidta reduced due to the one-off effect of subsidy received in Q4FY23, negative operating leverage on account of fixed cost on lower value base & the incremental operating cost of the new Sandi/a plant as well as the conscious call taken on brand building efforts leading to an inaeased advertisement expenditure. On the whole the company did much better on an annual basis for FY24 delivering a stellar double digit improvement in profitability with all the business lines delivering well with strong double digit volume growths and improvements in profitability especially in the industrial segment. We continue to be focussed on the waterproofing & construction chemicals segment where we saw exceptional growth this year and expect this trend to continue in the years ahead. We remain confident of an improved demand scenario in the upcoming year and have prepared for the same with the launch of multiple innovative new products in the paint, coatings and waterproofing segments to ensure that we provide relevant solutions to the changing needs of our customers. " Result PDF15-05-2024