diff --git a/pkg/state/state.go b/pkg/state/state.go
index 53f77066..53570cca 100644
--- a/pkg/state/state.go
+++ b/pkg/state/state.go
@@ -1851,7 +1851,8 @@ func (st *HelmState) runHelmDepBuilds(helm helmexec.Interface, concurrency int,
 	// Perform an update of repos once before running `helm dep build` so that we
 	// can safely pass --skip-refresh to the command to avoid doing a repo update
 	// for every iteration of the loop where charts have external dependencies.
-	if len(builds) > 0 && !opts.SkipRefresh {
+	// Only do this if there are repositories configured.
+	if len(builds) > 0 && !opts.SkipRefresh && len(st.Repositories) > 0 {
 		if err := helm.UpdateRepo(); err != nil {
 			return fmt.Errorf("updating repo: %w", err)
 		}
diff --git a/test/e2e/template/helmfile/testdata/snapshot/chart_need/output.yaml b/test/e2e/template/helmfile/testdata/snapshot/chart_need/output.yaml
index 7954f3c1..46577aa7 100644
--- a/test/e2e/template/helmfile/testdata/snapshot/chart_need/output.yaml
+++ b/test/e2e/template/helmfile/testdata/snapshot/chart_need/output.yaml
@@ -1,10 +1,12 @@
 Adding repo myrepo http://localhost:18080/
 "myrepo" has been added to your repositories
 
-Building dependency release=foo, chart=$WD/temp1/foo
+Updating repo
 Hang tight while we grab the latest from your chart repositories...
 ...Successfully got an update from the "myrepo" chart repository
 Update Complete. ⎈Happy Helming!⎈
+
+Building dependency release=foo, chart=$WD/temp1/foo
 Saving 1 charts
 Downloading raw from repo http://localhost:18080/
 Deleting outdated charts
diff --git a/test/e2e/template/helmfile/testdata/snapshot/chart_need_enable_live_output/output.yaml b/test/e2e/template/helmfile/testdata/snapshot/chart_need_enable_live_output/output.yaml
index 67616a32..61f4dd37 100644
--- a/test/e2e/template/helmfile/testdata/snapshot/chart_need_enable_live_output/output.yaml
+++ b/test/e2e/template/helmfile/testdata/snapshot/chart_need_enable_live_output/output.yaml
@@ -2,10 +2,12 @@ Live output is enabled
 Adding repo myrepo http://localhost:18081/
 "myrepo" has been added to your repositories
 
-Building dependency release=foo, chart=$WD/temp1/foo
+Updating repo
 Hang tight while we grab the latest from your chart repositories...
 ...Successfully got an update from the "myrepo" chart repository
 Update Complete. ⎈Happy Helming!⎈
+
+Building dependency release=foo, chart=$WD/temp1/foo
 Saving 1 charts
 Downloading raw from repo http://localhost:18081/
 Deleting outdated charts
diff --git a/test/e2e/template/helmfile/testdata/snapshot/release_template_inheritance/output.yaml b/test/e2e/template/helmfile/testdata/snapshot/release_template_inheritance/output.yaml
index 8f4523d9..3cf214c1 100644
--- a/test/e2e/template/helmfile/testdata/snapshot/release_template_inheritance/output.yaml
+++ b/test/e2e/template/helmfile/testdata/snapshot/release_template_inheritance/output.yaml
@@ -1,6 +1,11 @@
 Adding repo myrepo http://localhost:18084/
 "myrepo" has been added to your repositories
 
+Updating repo
+Hang tight while we grab the latest from your chart repositories...
+...Successfully got an update from the "myrepo" chart repository
+Update Complete. ⎈Happy Helming!⎈
+
 Building dependency release=foo1, chart=../../charts/raw-0.1.0
 Building dependency release=foo2, chart=../../charts/raw-0.1.0
 Templating release=foo1, chart=../../charts/raw-0.1.0