Berger Paints Bangladesh Limited has maintained stable performance in the first half of FY26, posting a profit of Tk 1.49 billion for the April–September period, down 2.7 percent year-on-year, as rising import costs and currency devaluation increased production expenses.
The country’s leading paint manufacturer, holding nearly 50 percent of the market share, achieved a 3.56 percent rise in sales, reflecting sustained demand in the decorative and industrial segments. However, the cost of sales rose 5.83 percent to Tk 9.17 billion, mainly due to higher import prices of raw materials sourced from abroad.
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The company’s cost of goods sold increased from Tk 67.30 to Tk 68.77 per Tk 100 of revenue, reflecting tighter margins. Net profit per Tk 100 of sales also slipped from Tk 12 last year to Tk 11.10 this year. Although Berger managed to reduce its finance costs, it earned less from investments and paid higher taxes after the government raised the effective tax rate by 2.25 percentage points.
In the second quarter (July–September), Berger recorded an 11.24 percent year-on-year increase in profit to Tk 630 million, supported by stronger cash generation and improved operational efficiency. For the previous fiscal year (FY25), Berger Paints reported an annual profit of Tk 3.37 billion, up 3.76 percent year-on-year, and declared a 525 percent cash dividend, higher than the 500 percent paid the year before.
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On the Dhaka Stock Exchange, Berger’s share price edged up 0.18 percent to Tk 1,425 per share on Thursday, reflecting steady investor confidence despite cost challenges.
Overall, Berger Paints continues to demonstrate resilience amid a volatile currency environment, maintaining growth through efficiency, brand strength, and prudent financial management.