Berger Paints India
Berger Paints India Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Berger Paints India Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Berger Paints India Ltd trades at a P/E of 53.72× and P/B of 8.77×, against the Basic Materials sector median P/E of 33.60×.
Valuation
Profitability
Growth
Financial Health
Berger Paints India Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Berger Paints India Ltd, switchable between annual and quarterly views, consolidated or standalone.
Berger Paints India Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹59,466.14 Cr and reported EPS of ₹9.68.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 5,282 | 6,062 | 6,366 | 6,818 | 8,762 | 10,568 | 11,199 | 11,545 | 11,880 |
| Other Income | 46 | 60 | 69 | 51 | 65 | 52 | 64 | 95 | 107 |
| Total Income | 5,328 | 6,122 | 6,434 | 6,869 | 8,826 | 10,619 | 11,263 | 11,639 | 11,987 |
| Cost of Goods Sold (COGS) | 3,010 | 3,700 | 3,726 | 3,869 | 5,429 | 6,731 | 6,646 | 6,762 | 6,827 |
| Gross Profit | 2,272 | 2,362 | 2,640 | 2,949 | 3,333 | 3,837 | 4,553 | 4,783 | 5,053 |
| +Operating Expenses | 1,465 | 1,481 | 1,579 | 1,761 | 2,002 | 2,350 | 2,692 | 2,927 | 3,220 |
| EBITDA | 807 | 882 | 1,061 | 1,188 | 1,331 | 1,487 | 1,861 | 1,856 | 1,833 |
| +Non-Operating Expenses | 149 | 170 | 238 | 250 | 281 | 363 | 409 | 417 | 396 |
| Profit Before Tax (PBT) | 704 | 772 | 891 | 979 | 1,122 | 1,176 | 1,516 | 1,533 | 1,437 |
| +Tax Expense | 244 | 273 | 227 | 259 | 289 | 302 | 387 | 386 | 360 |
| Profit After Tax (PAT) | 461 | 497 | 656 | 720 | 833 | 860 | 1,170 | 1,183 | 1,128 |
| Earnings Per Share (EPS) | 3.95 | 4.27 | 5.64 | 6.18 | 7.15 | 7.37 | 10.02 | 10.12 | 9.66 |
| Diluted Shares Outstanding (Nos.) | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 |
| +Additional Disclosures | 7,669 | 9,038 | 9,240 | 9,766 | 13,122 | 16,167 | 16,458 | 16,902 | 17,448 |
| Sales Growth % | — | 14.76 | 5.01 | 7.10 | 28.52 | 20.61 | 5.97 | 3.09 | 2.91 |
| YoY Sales Growth % | — | 14.76 | 5.01 | 7.10 | 28.52 | 20.61 | 5.97 | 3.09 | 2.91 |
| Material Cost % | 51 | 56 | 51 | 50 | 58 | 55 | 50 | 51 | 49 |
| Employee Cost % | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 7 | 8 |
| Other Cost % | 21 | 18 | 18 | 19 | 17 | 16 | 18 | 18 | 19 |
| OPM % | 15 | 15 | 17 | 17 | 15 | 14 | 17 | 16 | 15 |
| Tax % | 35 | 35 | 25 | 26 | 26 | 26 | 26 | 25 | 25 |
| Profit Growth % | — | 7.95 | 31.89 | 9.70 | 15.73 | 3.30 | 35.96 | 1.11 | -4.63 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 683 | 744 | 870 | 977 | 1,105 | 1,223 | 1,530 | 1,502 | 1,441 |
Berger Paints India segment analysis: revenue and profit mix.
Disclosed business segments at Berger Paints India with their share of revenue and profit, switchable between consolidated and standalone reporting.
Berger Paints India discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Berger Paints India Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Berger Paints India Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Berger Paints India Ltd's investment case rests on 9 positive markers and 9 flagged concerns drawn from the latest reported filings.
What you're getting.
Strong profitability. ROE 20.3%, ROCE 24.9% demonstrate efficient capital utilization.
Robust financial health. Low debt-to-equity ratio 0.11 ensures stability.
High promoter confidence. 75% holding aligns management with shareholder interests.
Consistent revenue growth. 5-year CAGR 12.64% indicates sustained market expansion.
Excellent cash generation. 5-year FOCF CAGR 23.72% highlights strong liquidity.
What can break it.
Elevated valuation. P/E ratio 59.12 suggests potentially stretched valuation versus peers.
Recent profit decline. Quarterly profit variance -3.26% indicates a dip.
FII stake reduction. Consistent FII selling (11.03% to 5.35%) signals waning confidence.
Limited stock liquidity. Low 9.15% public shareholding may increase volatility.
Negative dividend growth. 5-year dividend CAGR -2.29% is a concern.
What would change my mind.
Trim if P/E re-rates above 70 (~2.1× the sector multiple of 33.6). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 9.67. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 12%. The operating engine is no longer compounding capital efficiently.
Berger Paints India Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Berger Paints India Ltd is highlighted for quick read-across.
Quick Compare
Berger Paints India Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Berger Paints India Ltd — derived from the live tape, not yesterday's close.
Berger Paints India Ltd last traded at ₹510.5 with an intraday range of ₹508–₹524.95 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹510.50| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 554.87 | +44.37 | +8.69% |
| R3 | 537.92 | +27.42 | +5.37% |
| R2 | 531.43 | +20.93 | +4.10% |
| R1 | 520.97 | +10.47 | +2.05% |
| PIVOT | 514.48 | 3.98 | 0.78% |
| CURRENT | 510.50 | — | — |
| S1 | 470.12 | -40.38 | -7.91% |
| S2 | 487.07 | -23.43 | -4.59% |
| S3 | 497.53 | -12.97 | -2.54% |
| S4 | 504.02 | -6.48 | -1.27% |
BERGEPAINT is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 520 ~ 524.95
Trading Below opening range, showing Bearishness
Berger Paints India Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Berger Paints India Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Berger Paints India Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Berger Paints India Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Berger Paints India Ltd stood at 53.5% of traded volume, against a 20-day average of 47.0%.
Berger Paints India announcements: results, concalls, ratings, M&A.
Filings Berger Paints India sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Berger Paints India files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 101 documents below.
Updates
Berger Paints (I) Limited has informed the Exchange regarding 'Deduction of Tax at source on Dividend'.
Analysts/Institutional Investor Meet/Con. Call Updates
Berger Paints (I) Limited has informed the Exchange about Schedule of meet
Copy of Newspaper Publication
Berger Paints (I) Limited has informed the Exchange about Copy of Newspaper Publication
Analysts/Institutional Investor Meet/Con. Call Updates
Berger Paints (I) Limited has informed the Exchange about Schedule of meet
Analysts/Institutional Investor Meet/Con. Call Updates
Berger Paints (I) Limited has informed the Exchange about Transcript
Investor decks & rating reports.
Berger Paints India insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Berger Paints India as reported to SEBI — buying and selling signals from the people who know the business best.
Berger Paints India insider activity below tracks 8 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| SUBRATA BAG | Insider | 10 Jun 2025 | sell | −300 | ₹1.7 L | ₹568.25 |
| INDRAJIT AMAL MAJUMDAR | Insider | 05 Jun 2025 | sell | −500 | ₹2.9 L | ₹580.00 |
| INDRAJIT AMAL MAJUMDAR | Insider | 30 May 2025 | sell | −500 | ₹2.83 L | ₹565.00 |
| SISHUPAL SINGH BOHRA | Insider | 29 May 2025 | sell | −750 | ₹4.2 L | ₹560.05 |
| INDRAJIT AMAL MAJUMDAR | Insider | 28 May 2025 | sell | −500 | ₹2.79 L | ₹557.00 |
| INDRAJIT AMAL MAJUMDAR | Insider | 24 Mar 2025 | sell | −500 | ₹2.56 L | ₹512.00 |
| Debarshi Mukherjee | Insider | 10 Mar 2025 | sell | −333 | ₹1.68 L | ₹505.00 |
| Dilip Bhaskarrao Bhosale | Insider | 17 Feb 2025 | sell | −350 | ₹1.69 L | ₹482.02 |
Berger Paints India dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Berger Paints India has declared, sequenced by announce and record date.
Berger Paints India corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Berger Paints India Ltd: business, sector, key facts.
What Berger Paints India Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Berger Paints India Ltd operates in the Basic Materials, listed as NSE: BERGEPAINT, BSE: 509480.
Berger Paints India Limited is a major player in the Indian paint industry, with a significant international presence. The company's core business centers around the manufacturing and sale of a wide range of paints and coatings catering to diverse customer segments: homeowners, professionals, and industrial clients. Their product portfolio is extensive, encompassing solutions for virtually every painting need.
For the home user, Berger Paints offers a comprehensive selection of interior and exterior wall coatings. This includes various types of emulsions, designer finishes, textured paints, ceiling paints, and specialized coatings for roofs and floors. They also provide primers, wood finishes, enamels, aerosol sprays, DIY kits, and even decorative stickers, aiming to provide a complete solution for home improvement projects.
The professional and industrial sectors are also well-served by Berger Paints' diverse product line. They offer a broad range of specialty coatings, including those for automotive applications, fireproofing, protection against corrosion, and specific industrial needs such as floor and powder coatings. Their offerings extend to infrastructure projects, with products like road marking paints and construction chemicals.
Beyond paints and coatings, Berger Paints' product portfolio includes a significant selection of related building materials and solutions. This includes putties, cement paints, waterproofing solutions, construction chemicals, flooring compounds, sealants, adhesives, and even thermal insulation materials. They also offer a variety of plasters, mortars, and decorative panels, broadening their appeal to a wider range of construction and renovation projects.
In essence, Berger Paints operates as a comprehensive provider of paint and related building materials. Their long history, dating back to 1923, and diverse product range have established them as a prominent and trusted brand in India and beyond. The company's strategic focus on a wide spectrum of applications across various customer segments positions them for continued growth and success in the competitive paint industry.
Questions investors ask about Berger Paints India Ltd (BERGEPAINT).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Berger Paints India Ltd (BERGEPAINT)?
The current share price of Berger Paints India Ltd (BERGEPAINT) is ₹510.5. Today, the stock has declined by ₹8.90 (1.71%), trading in a range of ₹508 to ₹524.95. The stock opened at ₹521 with a trading volume of 3,78,494 shares.
02Is Berger Paints India Ltd stock a good investment for long-term?
Berger Paints India Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹59,466.14 crores, P/E ratio of 53.72, ROE of 17.23%, and ROCE of 24.90%. The dividend yield stands at 0.74%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Berger Paints India Ltd stock?
The 52-week high price of Berger Paints India Ltd (BERGEPAINT) is ₹605, while the 52-week low is ₹391.1. Currently trading at ₹510.5, the stock is 55.8% away from its 52-week low and 15.6% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Berger Paints India Ltd stock at the current price?
Whether to buy Berger Paints India Ltd stock at ₹510.5 depends on multiple factors. The stock is currently trading with a P/E ratio of 53.72 and P/B ratio of 8.77. Today's performance shows a loss of 1.71%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Berger Paints India Ltd and when is the next dividend?
Berger Paints India Ltd offers a dividend yield of 0.74%, which means for every ₹100 invested at the current price of ₹510.5, you can expect to receive approximately ₹0.74 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Berger Paints India Ltd?
Berger Paints India Ltd's key financial metrics include: P/E Ratio: 53.72, P/B Ratio: 8.77, ROE: 17.23%, ROCE: 24.90%, Dividend Yield: 0.74%, EPS: ₹9.68, Book Value: ₹59.29, and Debt-to-Equity: 9.17. The company's market cap stands at ₹59,466.14 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Berger Paints India Ltd stock performing today in the market?
Berger Paints India Ltd stock opened at ₹521 and is currently trading at ₹510.5, showing a decline of ₹8.90 (1.71%). The intraday high is ₹524.95 and low is ₹508. The trading volume stands at 3,78,494 shares, indicating moderate market participation today.
08What is the P/E ratio of Berger Paints India Ltd and what does it indicate?
Berger Paints India Ltd has a Price-to-Earnings (P/E) ratio of 53.72, which means investors are willing to pay ₹53.72 for every ₹1 of earnings. With an EPS of ₹9.68, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Berger Paints India Ltd (BERGEPAINT) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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