Berger Paints (I) Limited — Q3 FY25
Berger Paints reported a 7.4% volume growth in Q3 FY25, outperforming peers, driven by strong decorative performance and market share gains (now >20%).
bullish
high
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q2 FY25
Volume growth of 7%-10% in Q3 FY25
Management expects volume growth to be between 7% and 10% in Q3, driven by demand recovery and urban initiatives.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q2 FY25
Double-digit volume growth in Q4 FY25
Volume growth is expected to reach double digits in Q4, aided by favorable base and improving demand.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q2 FY25
Operating margin to remain in 15%-17% range
Management reaffirmed that EBITDA margin will stay within the guided 15%-17% band in the foreseeable short term.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q2 FY25
Value growth to exceed volume growth by ~1% in Q4
Value growth is expected to be about 1% ahead of volume growth in Q4 as price increases and base effects play out.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1