- Berger Paints’ net income for the first quarter is reported at 3.15 billion rupees, which is an 11% decrease year-over-year and below the estimated figure of 3.68 billion rupees.
- The company’s revenue increased by 3.6% year-over-year to reach 32 billion rupees, slightly missing the estimated 32.72 billion rupees.
- Total costs have risen by 4.1% year-over-year, totaling 27.8 billion rupees.
- The EBITDA (earnings before interest, taxes, depreciation, and amortization) is recorded at 5.28 billion rupees, reflecting a 1.1% increase year-over-year, yet falling short of the expected 5.64 billion rupees.
- CEO Abhijit Roy expressed optimism in domestic demand growth and key market momentum, despite recent disruptions due to adverse weather conditions.
- The first-quarter results were impacted by an exceptional loss of 368.1 million rupees, resulting from a fire at a regional distribution center and warehouse near Kolkata.
- The loss primarily involves damaged inventory and certain fixed assets, with an insurance claim currently being filed and assessments ongoing.
- Abhijit Roy highlighted the ongoing geopolitical situation and international tariff negotiations as potential risk factors in the future.
- Broker recommendations include 10 buys, 4 holds, and 9 sells for Berger Paints stocks.
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A look at Berger Paints India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma’s assessment, Berger Paints India is positioned for a promising long-term future based on its overall Smart Scores. With a solid score of 4 in both Resilience and Momentum, the company demonstrates a strong ability to weather market fluctuations and maintain positive growth momentum. This indicates Berger Paints India‘s capacity to adapt to changing market conditions and sustain its performance over the long run.
Although the Value score is on the lower side with a score of 2, the company’s scores of 3 in both Dividend and Growth suggest a stable dividend payout and potential for future growth. This balanced outlook across various factors reflects positively on Berger Paints India‘s prospects. With a diverse product range used in a variety of applications, including home, office, and industrial settings, Berger Paints India Limited remains a key player in the paints and coatings industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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