Get App
Download App Scanner
Scan to Download
Advertisement

Berger Paints To Hike Prices By 35% From May 5 As Input Costs Surge

This will mark the third round of price increases by Berger in a little over a month. The company had earlier announced a second hike of 510%.

Berger Paints To Hike Prices By 35% From May 5 As Input Costs Surge
Photo Source: Freepik
  • Berger Paints will raise prices by 3–5% from May 5, 2026 due to higher input costs
  • This is Berger Paints' third price hike in just over a month amid rising raw material costs
  • Other major paint companies plan to increase prices up to 5% starting May 5, 2026
Did our AI summary help?
Let us know.

India's paint sector is bracing for yet another round of price increases, as rising input costs driven by global supply disruptions and geopolitical tensions continue to squeeze margins.

Berger Paints has told NDTV Profit that it will implement a fresh round of price hikes of 3–5% effective May 5, 2026, as manufacturers pass on higher costs linked to crude-based raw materials. The move comes amid persistent geopolitical uncertainty, including the Iran conflict, which has pushed up prices of key inputs.

The company said it remains confident on the demand front, noting that consumption trends are improving and the market is expected to absorb the latest round of increases.

This marks the third round of price hikes by Berger Paints in just over a month. The company had earlier rolled out a second increase of 5–10% effective April 9, following an initial hike on March 30 across premium and luxury emulsions. The pace of revisions highlights the sharp escalation in cost pressures faced by the sector.

ALSO READ: Asian Paints Announces Second Round Of Price Hikes Amid Rising Input Costs

Across the industry, other major players are also expected to follow suit. According to sources, companies such as Asian Paints, Kansai Nerolac Paints, Birla Opus, and AkzoNobel India are likely to raise prices by up to 5% from May 5, marking their third coordinated round of hikes since late March.

Asian Paints has already undertaken multiple revisions in April, increasing prices by 6–8% in two phases—first on April 10 across emulsions, enamels and wood finishes, followed by another hike on April 21. A report by Nomura suggests the company could implement an additional 3–5% increase from May 5.

The primary driver behind these hikes remains the surge in raw material costs. Nearly 40–50% of paint production expenses are linked to crude oil derivatives such as solvents, monomers and resins. Volatility in global oil markets—exacerbated by geopolitical tensions—continues to translate directly into higher manufacturing costs.

For now, paint makers are focused on protecting margins through calibrated price increases. The upcoming May 5 revision reflects the industry's ongoing effort to balance cost pressures with steady demand, even as uncertainty around crude prices and supply chains persists.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source