Berger Paints India Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	117,163	115,447	111,989	105,678	87,618	68,176
Other Revenue	-	-	0.8	1.2	1.1	2.2
Revenue	117,163	115,447	111,990	105,680	87,619	68,178
Revenue Growth (YoY)	3.13%	3.09%	5.97%	20.61%	28.52%	7.10%
Cost of Revenue	69,387	69,250	68,101	68,633	55,410	39,585
Gross Profit	47,776	46,197	43,889	37,047	32,209	28,593
Selling, General & Admin	13,998	13,225	11,738	9,599	8,273	7,201
Other Operating Expenses	15,843	14,270	13,388	12,225	10,403	9,256
Operating Expenses	33,643	31,038	28,435	24,464	20,941	18,569
Operating Income	14,132	15,160	15,454	12,583	11,268	10,024
Interest Expense	-607	-629	-779	-989.2	-504.2	-438.3
Interest & Investment Income	258.9	258.9	255.4	158.7	201.6	163.2
Earnings From Equity Investments	494.7	350.6	410.2	-131.7	38.6	-56.1
Currency Exchange Gain (Loss)	-35.2	-35.2	-40.4	-190.4	-64.5	-147.6
Other Non Operating Income (Expenses)	236	163	141.2	155.3	94.3	96.1
EBT Excluding Unusual Items	14,480	15,268	15,442	11,585	11,034	9,641
Gain (Loss) on Sale of Investments	196.1	196.1	76.3	22.5	78.1	100.3
Gain (Loss) on Sale of Assets	-3.7	-3.7	12.4	-37.6	67.9	0.7
Other Unusual Items	-721.2	180	32	36.5	12.6	20.4
Pretax Income	13,995	15,685	15,569	11,623	11,223	9,786
Income Tax Expense	3,439	3,857	3,871	3,019	2,893	2,589
Earnings From Continuing Operations	10,557	11,828	11,698	8,604	8,330	7,197
Minority Interest in Earnings	-15.3	-24.1	-20.8	-9.8	-1.3	0.3
Net Income	10,541	11,804	11,677	8,594	8,328	7,198
Net Income to Common	10,541	11,804	11,677	8,594	8,328	7,198
Net Income Growth	-7.57%	1.08%	35.88%	3.19%	15.71%	9.42%
Shares Outstanding (Basic)	1,167	1,166	1,166	1,166	1,166	1,165
Shares Outstanding (Diluted)	1,167	1,166	1,166	1,166	1,166	1,166
Shares Change (YoY)	0.13%	0.02%	0.01%	-0.00%	0.01%	0.01%
EPS (Basic)	9.04	10.13	10.02	7.37	7.15	6.18
EPS (Diluted)	9.03	10.12	10.02	7.37	7.14	6.17
EPS Growth	-7.73%	1.03%	35.92%	3.20%	15.65%	9.41%
Free Cash Flow	-	8,396	13,161	2,275	-2,075	6,097
Free Cash Flow Per Share	-	7.20	11.29	1.95	-1.78	5.23
Dividend Per Share	-	3.800	3.500	2.667	2.583	2.333
Dividend Growth	-	8.57%	31.25%	3.23%	10.71%	27.27%
Gross Margin	40.78%	40.02%	39.19%	35.06%	36.76%	41.94%
Operating Margin	12.06%	13.13%	13.80%	11.91%	12.86%	14.70%
Profit Margin	9.00%	10.22%	10.43%	8.13%	9.50%	10.56%
Free Cash Flow Margin	-	7.27%	11.75%	2.15%	-2.37%	8.94%
EBITDA	14,210	15,229	15,513	14,372	12,855	11,577
EBITDA Margin	12.13%	13.19%	13.85%	13.60%	14.67%	16.98%
D&A For EBITDA	77.78	69.6	58.7	1,789	1,588	1,553
EBIT	14,132	15,160	15,454	12,583	11,268	10,024
EBIT Margin	12.06%	13.13%	13.80%	11.91%	12.86%	14.70%
Effective Tax Rate	24.57%	24.59%	24.86%	25.98%	25.78%	26.46%
Revenue as Reported	118,184	116,395	112,626	106,194	88,264	68,691
Advertising Expenses	-	4,912	4,454	3,379	2,713	2,294

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.