• FY27 Growth Guidance: Berger Paints projects double-digit value growth and mid-to-high single-digit volume growth for FY27, aided by recent price increases despite market volatility and inflation.
• EBITDA Margin Outlook: While gross margins are expected to be 1% to 1.5% lower than Q4 levels, the company anticipates maintaining EBITDA margins of 16% or higher in FY27 as strong value sales offset operating costs.
• Crude and Pricing: Current crude oil prices in the $100 to $107 per barrel range are already factored into pricing, meaning no additional price hikes are currently required unless crude prices surge beyond this level.
• Decorative Segment Mix: New margin-accretive product additions are improving the overall product mix, with profitability benefiting from seasonally strong demand and rich mix in Q4 and Q1.