Q2 2025 Berger Paints India Ltd Earnings Call Transcript
Key Points
- Berger Paints India Ltd (BOM:509480) achieved the highest gross margin in the last 10 quarters, with 40.4% in standalone and 41.7% in consolidated results.
- The company recorded a double-digit volume growth in premium and luxury products, indicating a strong market demand for higher-end offerings.
- Berger Paints India Ltd (BOM:509480) continued aggressive network expansion, adding 2,200 retail touchpoints and installing over 2,000 color bank machines.
- The company maintained a strong net positive position at the end of the quarter, showcasing financial stability.
- The protective and infrastructure business recorded good growth, contributing positively to the company's overall performance.
- The company's top line remained almost flat year-on-year, impacted by extended monsoon and flooding in key markets.
- Operating margin was lower due to higher manpower costs for urban initiatives and increased advertisement spending.
- The decorative business recorded only single-digit volume growth, affected by adverse weather conditions.
- Consolidated performance in Poland suffered due to one-off costs, impacting profitability.
- The company's subsidiary in Nepal experienced de-growth in both top line and profitability due to a credit crunch in the economy.
Record progress.
Good evening, everyone. This is Nitin Gupta from MK Global. I would like to welcome all to the Q2 F 525 results conference call of Burger Paints India Limited.
I thank budgetings management for allowing us to host.
We have with us today, Mr Abhijit Roy, managing director and CEO, Mr Koshi Gosh, CFO, Mr Sujyoti Mukherjee, Vice President, Finance and Accounts and Sanan Sarkar GM Finance and Accounts.
I shall now hand over the call to the management for opening the Masks Post which we will proceed with Q&A session over to you.
Gentlemen.
Thank you, Nitin.
And a very warm welcome to ladies and gentlemen.
And we also convey our festive greetings to you.
Welcome to Bja Paints India Limited Q2 FY25 earnings call.
The management presentation has already been circulated and it is already updated in the website.
I would request Mr Roy, our MD and CEO to walk you through this presentation followed by your
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