Berger Paints (I)

“carry on growing. In this quarter, we are hopeful that, you know, this quarter, the revenue growth will”

“We are hoping that we should be able to maintain, you know, comfortably where we are at the current”

“Today, the West Bengal government has announced a new industrial incentive policy. We will take a”

“One is in West Bengal, in Panagar. The other one will be coming up in Orissa. We need these two”

“We will use this fund to set up these two factories. So, essentially, we will be consuming in those two”

“set up these two factories. Short-term borrowing might be there, but otherwise.”

“Disciplined capacity investment. We just, completed the expansion in our Hindukur plant.”

“Decorative business, double-digit value growth, driven by price growth of about 8%.”

“The home seal segment continued to outperform, with roof coolant seal and dam shield emerging as”

“Wood coatings registered strong double-digit value growth.”

“In industrial performance, we delivered robust high double-digit volume and value growth.”

“Though it's a small segment for us, about 5-6%, the growth rate was at about 31%, so I presume all”

“Eastern markets impacted due to extended rain.”

“Volume growth moderated, as later Diwali shifted festive demand to quarter three, alongside a”

“when we had the highest, you know, sales growth in the last possibly 25, 30 months.”

“Where we suffered a bit on sales. The top line, therefore, did not grow as much, as we would have”

“in the urban markets. For example, in Bangalore, we may have only 7-8% market, right? You know, in”

“The gross margins were impacted by double-digit raw material inflation, as has happened with the”

“Despite steep price increases, you know, however, margins remained under pressure, as price hikes”

“On a standalone basis, quarter two was 36.6, but on a half-yearly basis, it stands at 38.1. We normally”

“As far as EBITDA margin is concerned, we were at 11.6 versus 14.4. Largely scale impact. This quarter”

“But things are looking better. Hopefully, it'll be much better in Q3.”

“Cash position, company continues to remain cash positive on a consolidated basis.”

“This is what we want to do. A net cash balance should be maintained by us.”

“If you see, our inventory buildup was higher by around 400-odd crores.”

“very good sale, and this inventory buildup was on account of this. This was a planned inventory buildup.”

“So, I mean, it's the normal course of business?”

“It's a unique tile adhesive introduced by us for the first time in India, which is waterproof by nature.”

“And which we are now selling in India. We've just initiated this primarily through the architects and”

“the second quarter. And Dam Shield. This is a dam-blocking primer for exterior masonry with a 3-year”

“We have no desire to diversify into other areas. So the corollary to that, you said, is that we have cash”

“spite of additional investment of 22 crore in the Rang bana rahe campaign.”

“Impacting quarterly margins. Excluding this, PBDIT growth would have been about 3%.”

“But, you know, they are rebating a little bit more. Having raised this 5%, they are putting it back, you”

“So if it stays at these lower levels, then we would have recovered almost everything. Understood. But”

“Revenue growth of 11.9% on a standalone, and 13.2% for the consolidated.”

“The PBDIT consolidated growth was 5.2%, backed by strong performance by subsidiaries.”

“Volume growth, 3%, and on the half-yearly basis, if you look at it, it is 5.6%. This is stand alone.”

“Value growth, 11.9%, and half-yearly basis, 12.3%. And on operating profit, minus 4.4, and plus 6.1.”

“Operating profit growth at 6.1%, and pad growth at 13.2%.”