Berger Paints Q4FY21: Saw highest industry growth in Q4; demand postponed, not gone away, says CEO

However, he believes that the demand in the paint industry is postponed and hasn’t gone away.

“In paint, the demand doesn’t go away, it typically gets postponed. Whether it will come back in June or later on, we don’t know, sometimes it gets postponed but I am hopeful that we will again see better growth rates in the later months once the economy reopens,” he said.

Roy expects that it would not be easy to maintain margin at current levels as the old inventory raw material advantage has gone.