Berger Paints India Files BRSR, Schedules 102nd AGM on 12 August 2026
Berger Paints India Limited filed its BRSR for FY 2025-26 and convened its 102nd AGM for 12 August 2026, proposing a ₹4/share dividend and re-appointment of MD & CEO Abhijit Roy for a further four-year term. Consolidated revenue grew 2.9% YoY to ₹11,880.25 Crore with net profit of ₹1,128.02 Crore, while the company closed the year net cash-positive with zero long-term debt and a net cash surplus of ₹1,198 Crore.

*this image is generated using AI for illustrative purposes only.
Berger Paints India Limited has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 and simultaneously issued a notice convening its 102nd Annual General Meeting (AGM), scheduled for Wednesday, 12 August 2026 at 11:00 a.m. (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The Integrated Annual Report for FY 2025-26, which includes the BRSR, has been dispatched electronically to shareholders and is also available on the company's website at https://www.bergerpaints.com/investors/download .
AGM and Corporate Developments
The 102nd AGM will be conducted in accordance with applicable circulars issued by the Ministry of Corporate Affairs and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Key resolutions proposed at the AGM include adoption of audited financial statements for FY 2025-26, declaration of a dividend of ₹4 per equity share of face value ₹1 each (400%), and re-appointment of Mr Kanwardip Singh Dhingra as Director. Special business includes re-appointment of Mr Abhijit Roy as Managing Director and CEO for a further period of 4 consecutive years from 1 July 2027 to 30 June 2031, with maximum remuneration of up to ₹1,700 lakhs per annum. Shareholders may cast votes via remote e-voting from 9 August 2026 (9:00 a.m.) to 11 August 2026 (5:00 p.m.). The record date for dividend entitlement is Wednesday, 5 August 2026, and the dividend, if approved, will be paid on 21 August 2026.
Financial Performance
Berger Paints reported consolidated revenue from operations of ₹11,880.25 Crore for FY 2025-26, reflecting growth of 2.9% year-on-year, with volume growth of 7.7%. On a standalone basis, revenue from operations stood at ₹10,420.1 Crore, up 2.5% over the previous year. The following table summarises key consolidated and standalone financial highlights:
| Metric: | Consolidated FY 2025-26 | Consolidated FY 2024-25 | Standalone FY 2025-26 | Standalone FY 2024-25 |
|---|---|---|---|---|
| Revenue from Operations (₹ Crore): | 11,880.25 | 11,544.71 | 10,420.1 | 10,169.2 |
| EBITDA (₹ Crore): | 1,833.3 | 1,856.1 | 1,686.6 | 1,674.1 |
| Net Profit (₹ Crore): | 1,128.02 | 1,182.81 | 1,095.7 | 1,077.5 |
| EPS – Basic (₹): | 9.67 | 10.13 | 9.40 | 9.24 |
| Dividend per Share (₹): | 4.00 | 3.80 | 4.00 | 3.80 |
The company closed FY 2025-26 net cash-positive with zero long-term debt. Net cash surplus stood at ₹1,198 Crore and the debt-to-equity ratio improved to 0.09 from 0.11. Capital expenditure increased by ₹89 Crore to ₹518 Crore. Return on Equity stood at 17.23% on a consolidated basis, with free cash flow increasing by ₹182 Crore to ₹1,022 Crore and a dividend payout ratio of 44.4%.
Environmental Performance
The BRSR outlines the company's environmental, social, and governance performance for the period 1 April 2025 to 31 March 2026, with reasonable assurance provided by Futurestation Services LLP. Key environmental metrics are presented below:
| Financial Metric: | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Total Scope 1 Emissions (tCO2e): | 8,785 | 8,912 |
| Total Scope 2 Emissions (tCO2e): | 34,147 | 34,120 |
| Emission Intensity (tCO2e/Mln INR): | 0.41 | 0.42 |
| Total Energy Consumed (MJ): | 38,32,51,630 | 38,24,90,917 |
| Renewable Energy Share (%): | 38.88 | — |
| Water Intensity (KL/Mln INR): | 3.84 | 3.85 |
| Total Waste Generated (MT): | 10,951 | 11,035 |
| Waste Recovered (MT): | 1,048 | 934 |
More than 60% of the company's units have implemented Zero Liquid Discharge (ZLD) systems. Specific Power Consumption improved by approximately 10% compared to the previous year, and 23,256 KL of rainwater was harvested inside plant premises during FY 2025-26.
Social and Governance Metrics
The company reported a total workforce of 9,119 employees and 5,534 workers as of 31 March 2026. Gross wages paid to females constituted 1.88% of total wages paid. During the year, two complaints were received under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013; both were upheld and resolved with necessary action taken against the accused. The company spent ₹26.05 Crore on CSR activities during FY 2025-26 against a 2% obligation of ₹25.83 Crore, thereby exceeding its CSR obligation. The flagship iTrain programme reached approximately 1.6 lakh painters during the year across 30 fixed training centres and 25 mobile training units covering 320+ locations.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE463A01038/2c2226d8-9a47-42eb-9cc6-20ba0dcb5f89.pdf
Historical Stock Returns for Berger Paints
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.20% | +2.73% | -7.94% | -1.55% | -10.63% | -29.74% |
How will the re-appointment of Abhijit Roy as MD and CEO influence Berger Paints' strategic direction over the next four years?
What specific capital allocation strategies does the company plan to pursue given its net cash-positive position and zero long-term debt?
Will the increase in capital expenditure to ₹518 Crore significantly enhance production capacity or efficiency in the upcoming fiscal year?


































