Berger Paints India expects Rs 200 bn turnover in next 5-6 years
Paint

Berger Paints India expects Rs 200 bn turnover in next 5-6 years

In the next five to six years, Berger Paints, the second-largest paint manufacturer in the nation, hopes to double its revenue to Rs 200 billion. It is anticipated that the company would end FY23 with revenues of roughly Rs 100 billion.

The company expects that the majority of the growth would come from the local market.

Berger's combined total operating income for H1FY23 was Rs 54.30 billion.,The company was on track to surpass Rs 100 billion this fiscal year. Berger reported a revenue of Rs 88.26 billion for FY22.

Berger's ambitions for growth would be in charge of the development. The company will soon begin construction on its largest plant in Uttar Pradesh (UP); Odisha and Panagarh in West Bengal will follow. The business was looking for a 40–50 acre land in Odisha. The expansion and investment in Odisha would happen in stages. It might start out smaller than UP, but there would be a possibility for growth.

The plant's initial investment in UP was set at Rs 7.25 billion, and it was then increased to Rs 10.15 billion. Although it would also offer industrial and building chemicals, it would primarily serve the ornamental market. Berger stated in an investor presentation that the facility could potentially expand capacity by around 33%.

In the next five to six years, Berger Paints, the second-largest paint manufacturer in the nation, hopes to double its revenue to Rs 200 billion. It is anticipated that the company would end FY23 with revenues of roughly Rs 100 billion. The company expects that the majority of the growth would come from the local market. Berger's combined total operating income for H1FY23 was Rs 54.30 billion.,The company was on track to surpass Rs 100 billion this fiscal year. Berger reported a revenue of Rs 88.26 billion for FY22. Berger's ambitions for growth would be in charge of the development. The company will soon begin construction on its largest plant in Uttar Pradesh (UP); Odisha and Panagarh in West Bengal will follow. The business was looking for a 40–50 acre land in Odisha. The expansion and investment in Odisha would happen in stages. It might start out smaller than UP, but there would be a possibility for growth. The plant's initial investment in UP was set at Rs 7.25 billion, and it was then increased to Rs 10.15 billion. Although it would also offer industrial and building chemicals, it would primarily serve the ornamental market. Berger stated in an investor presentation that the facility could potentially expand capacity by around 33%.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code