BERGER PAINTS INDIA LTD. - 509480 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find attached investor presentation on Financial Results for the quarter ended 30th June, 2023 to be made during the day.09-08-2023
09-08-2023
Q1FY24 Quarterly Result Announced for Berger Paints (India) Ltd.
Furniture-furnishing paints company Berger Paints (India) announced Q1FY24 results: Consolidated Q1FY24: Revenue from operations for Q1FY24 was Rs 3,029.51 crore as against Rs 2,759.70 crore in Q1FY23, representing an increase of 9.8% YoY. EBITDA (excluding other income) for Q1FY24 was Rs 556.75 crore as against Rs 404.84 crore in Q1FY23, representing an increase of 37.5% YoY. Net profit (after share of profit/loss of associates and joint ventures) for Q1FY24 was Rs 354.91 crore as against Rs 253.71 crore in Q1FY23, representing an increase of 39.9% YoY. Standalone Q1FY24: Revenue from operations for Q1FY24 was Rs 2,739.76 crore as against Rs 2,488.67 crore in Q1FY23, representing an increase of 10.1% YoY. EBITDA (excluding other income) for Q1FY24 was Rs 513.83 crore as against Rs 373.72 crore in Q1FY23, representing an increase of 37.5% YoY. Net profit for Q1FY24 was Rs 326.32 crore as against Rs 234.40 crore in Q1FY23, representing an increase of 39.2% YoY. The Board of Directors at its meeting held on August 9, 2023, considered and approved the issue of 1 bonus equity share of the face value of Re 1/- each against 5 equity shares of the face value of Re 1/- each. This is subject to the shareholder’s approval. “Berger Paints continued to deliver on its promise of excellence and outperformed the market. The decorative business saw double-digit growth both on the Value and Volume fronts on high bases. Our operating profit to Sales % also increased substantially to 18.8%, a growth of 37.5% and a 2-year CAGR of 52.5%. We usually are in the range of 16-18% of operating profits and the Q1 performance has surpassed that range. Decorative registered volume growth in the mid-teens and double-digit value growth. Auto GI and protective division have done well even on high bases. Powder coatings underperformed in Q1 but are expected to do better in Q2. Nepal operations underperformed due to country-specific issues and will rebound in the coming quarter. We continue to focus on network expansion and invest in our brands. All our differentiated products like anti dust, easy clean, and longlife continue to grow handsomely. With normal monsoons ahead and an extended festive season, we are gearing up for exciting times ahead.” said Abhijit Roy, MD and CEO, Berger Paints India. Result PDF09-08-2023
BERGER PAINTS INDIA LTD. - 509480 - Financial Results For QE 30-Jun-2023
Please find attached Financial Results (Standalone & Consolidated) for the quarter ended 30th June, 2023 along with Limited Review Report and Press Release.09-08-2023
BERGER PAINTS INDIA LTD. - 509480 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Please find attached intimation regarding regarding a conference scheduled to be held on Wednesday, 9th August, 2023 at 5.30 p.m to discuss Q1 F.Y 2023-24.07-08-2023
Stocks to buy or sell today: Berger Paints, Marico among top 10 trading ideas
On the weekly front, the maximum Call OI is placed at 19800 and then towards 19700 strikes while the maximum Put OI is placed at 19500 and then towards 19300 strikes. Call writing is seen at 19600 and then towards 19650 strikes while minor Put writing was seen at 19450 and then towards 19400 strikes.03-08-2023
BERGER PAINTS INDIA LTD. - 509480 - Board Meeting Intimation for Quarterly Results And Bonus Issue
BERGER PAINTS INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/08/2023 ,inter alia, to consider and approve the unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended on 30th June, 2023 proposal of Bonus Issue.01-08-2023
Berger Paints to declare bonus shares, Q1 results 2023 this month. Details here
Bonus shares 2023: Board of directors of Berger Paints is going to consider and approve bonus shares in its upcoming meeting scheduled on 9th August 202301-08-2023
BERGER PAINTS INDIA LTD. - 509480 - Closure of Trading Window
Please find attached letter dated 1st August, 2023 relating to Window Closure Notice.01-08-2023
BERGER PAINTS INDIA LTD. - 509480 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Loss of share certificates as reported by shareholder(s). Details are provided in the letter dated 24th July, 2023.24-07-2023