Berger Paints posted a record profit of Tk 3.72 billion in the year ended March 2026, marking a 10 per cent year-on-year growth, driven by higher sales and a sharp reduction in foreign exchange losses amid a more stable currency market.
The country's leading paint manufacturer reported consolidated earnings per share (EPS) of Tk 78.83 for the year, up from Tk 71.20 for the year before, according to a price-sensitive disclosure issued on Tuesday.
Riding on the record earnings, the board of directors recommended a 525 per cent cash dividend for the year, unchanged from the previous year. The company will distribute Tk 2.58 billion in cash dividends among shareholders, equivalent to more than 69 per cent of its annual consolidated profit.
Shareholders will receive Tk 52.50 per share.
Berger is one of the best-performing stocks with a proven track record and stable growth in profit and sales even in adverse business climates.
The impressive earnings and dividend payout, however, failed to boost investor confidence on the Dhaka bourse on Tuesday; the stock of Berger came under selling pressure from the very beginning of the trading session.
Berger's stock traded between Tk 1,409 and Tk 1,444.6 on Tuesday, before closing at Tk 1,415.4 per share, losing 1.21 per cent over the previous day.
The net operating cash flow per share, a measure of a company's ability to generate cash from its operations, saw a significant jump to Tk 89.53 per share in the year ended March, up from Tk 57.76 in the previous year. The company experienced improved cash flow mainly due to an increase in cash received from customers and delayed import payments.
The net asset value, which refers to the excess of total assets over total liabilities, reached Tk 400.24 per share as of March this year, up from Tk 333.42 a year earlier.
Berger, which follows the April-March financial year, is yet to disclose annual sales figures for the year. However, its nine-month sales grew 4.3 per cent year-on-year to Tk 21.4 billion in April-December last year.
Its foreign exchange losses plunged to Tk 11.07 million in the nine months through December last year, one-twenty-second of the level in the corresponding period of the previous year.
The company will hold its annual general meeting (AGM) on August 24 and the record date is set for July 7.
Fresh investment in packaging unit
In another disclosure on Tuesday, Berger Paints announced an investment of Tk 100 million in its subsidiary, Jenson & Nicholson Packaging (JNPL), aimed at supporting the company's business expansion.
Under the plan, Berger will invest Tk 51 million, while Jenson & Nicholson (Bangladesh) will contribute the remaining Tk 49 million.
The latest investment decision will not change the existing ownership structure of JNPL. Berger Paints will continue to hold a 51 per cent stake in the packaging company, while Jenson & Nicholson (Bangladesh) will retain the remaining 49 per cent shareholding.
The capital injection underscores the group's continued efforts to strengthen its packaging operations and support long-term growth.
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