Berger Paints India Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 9, 2025, 8:15 pm

Market Cap	59,385 Cr.
Current Price	509
High / Low	630/438
Stock P/E	52.1
Book Value	48.0
Dividend Yield	0.69 %
ROCE	27.5 %
ROE	23.5 %
Face Value	1.00
PEG Ratio	5.40

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Berger Paints India Ltd

Competitors of Berger Paints India Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Sirca Paints India Ltd	1,446 Cr.	264	386/255	30.5	59.1	0.57 %	24.0 %	17.9 %	10.0
Shalimar Paints Ltd	929 Cr.	111	185/97.0		41.4	0.00 %	12.6 %	20.2 %	2.00
Kansai Nerolac Paints Ltd	19,051 Cr.	236	321/218	30.4	69.8	1.06 %	16.6 %	12.8 %	1.00
Berger Paints India Ltd	59,385 Cr.	509	630/438	52.1	48.0	0.69 %	27.5 %	23.5 %	1.00
Akzo Nobel India Ltd	14,980 Cr.	3,290	4,674/2,265	34.8	313	2.28 %	42.3 %	32.3 %	10.0
Industry Average	52,462.67 Cr	1,115.50		39.60	119.88	1.01%	26.75%	23.02%	4.17

All Competitor Stocks of Berger Paints India Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	2,551	2,188	2,760	2,671	2,694	2,444	3,030	2,767	2,882	2,520	3,091	2,775	2,975
Expenses	2,159	1,841	2,355	2,307	2,344	2,097	2,473	2,294	2,402	2,169	2,569	2,340	2,503
Operating Profit	392	346	405	364	350	347	557	474	480	351	522	434	472
OPM %	15%	16%	15%	14%	13%	14%	18%	17%	17%	14%	17%	16%	16%
Other Income	15	24	17	16	13	15	17	19	20	48	46	30	27
Interest	14	15	16	24	30	29	20	21	20	18	15	17	16
Depreciation	56	60	63	62	64	74	78	83	83	87	87	89	89
Profit before tax	337	296	342	293	269	258	476	389	398	294	466	358	394
Tax %	25%	26%	26%	25%	25%	28%	25%	25%	25%	24%	24%	25%	25%
Net Profit	253	220	254	220	201	186	355	292	300	223	354	270	296
EPS in Rs	2.17	1.89	2.17	1.88	1.72	1.59	3.04	2.50	2.57	1.91	3.03	2.31	2.53

Last Updated: March 3, 2025, 5:18 pm

Below is a detailed analysis of the quarterly data for Berger Paints India Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹2,975.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,775.00 Cr. (Sep 2024) to ₹2,975.00 Cr., marking an increase of ₹200.00 Cr..
For Expenses, as of Dec 2024, the value is ₹2,503.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,340.00 Cr. (Sep 2024) to ₹2,503.00 Cr., marking an increase of ₹163.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹472.00 Cr.. The value appears strong and on an upward trend. It has increased from 434.00 Cr. (Sep 2024) to ₹472.00 Cr., marking an increase of ₹38.00 Cr..
For OPM %, as of Dec 2024, the value is 16.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 16.00%.
For Other Income, as of Dec 2024, the value is ₹27.00 Cr.. The value appears to be declining and may need further review. It has decreased from 30.00 Cr. (Sep 2024) to ₹27.00 Cr., marking a decrease of 3.00 Cr..
For Interest, as of Dec 2024, the value is ₹16.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 17.00 Cr. (Sep 2024) to ₹16.00 Cr., marking a decrease of 1.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹89.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 89.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹394.00 Cr.. The value appears strong and on an upward trend. It has increased from 358.00 Cr. (Sep 2024) to ₹394.00 Cr., marking an increase of ₹36.00 Cr..
For Tax %, as of Dec 2024, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 25.00%.
For Net Profit, as of Dec 2024, the value is ₹296.00 Cr.. The value appears strong and on an upward trend. It has increased from 270.00 Cr. (Sep 2024) to ₹296.00 Cr., marking an increase of ₹26.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 2.53. The value appears strong and on an upward trend. It has increased from ₹2.31 (Sep 2024) to 2.53, marking an increase of ₹0.22.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:05 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	3,227	3,732	4,170	4,223	4,552	5,166	6,062	6,366	6,818	8,762	10,568	11,199	11,361
Expenses	2,856	3,300	3,659	3,578	3,833	4,359	5,127	5,313	5,635	7,431	9,090	9,338	9,582
Operating Profit	371	431	511	645	719	807	935	1,053	1,182	1,331	1,478	1,861	1,779
OPM %	12%	12%	12%	15%	16%	16%	15%	17%	17%	15%	14%	17%	16%
Other Income	31	36	36	40	108	46	60	69	51	68	48	105	151
Interest	38	47	50	27	16	25	47	47	44	51	99	78	66
Depreciation	57	71	92	99	108	124	182	191	211	227	264	331	352
Profit before tax	308	350	404	559	703	705	765	883	979	1,122	1,162	1,557	1,513
Tax %	29%	29%	34%	34%	33%	35%	35%	26%	26%	26%	26%	25%
Net Profit	218	249	265	371	474	461	494	656	720	833	860	1,170	1,143
EPS in Rs	1.88	2.14	2.27	3.18	4.07	3.95	4.24	5.64	6.17	7.14	7.37	10.02	9.78
Dividend Payout %	29%	31%	33%	31%	36%	38%	37%	32%	38%	36%	36%	35%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	14.22%	6.43%	40.00%	27.76%	-2.74%	7.16%	32.79%	9.76%	15.69%	3.24%	36.05%
Change in YoY Net Profit Growth (%)	0.00%	-7.79%	33.57%	-12.24%	-30.51%	9.90%	25.64%	-23.04%	5.94%	-12.45%	32.81%

Berger Paints India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	12%
5 Years:	13%
3 Years:	18%
TTM:	2%

Compounded Profit Growth
10 Years:	17%
5 Years:	19%
3 Years:	18%
TTM:	1%

Stock Price CAGR
10 Years:	15%
5 Years:	4%
3 Years:	-3%
1 Year:	-11%

Return on Equity
10 Years:	23%
5 Years:	23%
3 Years:	22%
Last Year:	24%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:36 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	69	69	69	69	97	97	97	97	97	97	97	117	117
Reserves	884	1,051	1,191	1,493	1,804	2,097	2,347	2,563	3,280	3,830	4,397	5,262	5,474
Borrowings	550	624	610	354	406	422	753	767	634	1,014	1,189	753	797
Other Liabilities	683	851	846	960	1,132	1,326	1,360	1,472	1,907	2,271	2,283	2,236	2,493
Total Liabilities	2,186	2,595	2,716	2,877	3,440	3,943	4,557	4,900	5,918	7,211	7,966	8,368	8,881
Fixed Assets	599	864	931	963	1,136	1,267	1,583	1,916	2,044	2,187	3,332	3,500	3,490
CWIP	172	133	100	51	62	97	170	178	107	606	111	189	228
Investments	11	91	134	348	472	333	395	315	356	234	183	255	258
Other Assets	1,404	1,507	1,550	1,515	1,769	2,245	2,409	2,490	3,411	4,185	4,341	4,424	4,906
Total Assets	2,186	2,595	2,716	2,877	3,440	3,943	4,557	4,900	5,918	7,211	7,966	8,368	8,881

Below is a detailed analysis of the balance sheet data for Berger Paints India Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹117.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹117.00 Cr..
For Reserves, as of Sep 2024, the value is ₹5,474.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹5,262.00 Cr. (Mar 2024) to ₹5,474.00 Cr., marking an increase of 212.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹797.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹753.00 Cr. (Mar 2024) to ₹797.00 Cr., marking an increase of 44.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹2,493.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹2,236.00 Cr. (Mar 2024) to ₹2,493.00 Cr., marking an increase of 257.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹8,881.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹8,368.00 Cr. (Mar 2024) to ₹8,881.00 Cr., marking an increase of 513.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹3,490.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹3,500.00 Cr. (Mar 2024) to ₹3,490.00 Cr., marking a decrease of 10.00 Cr..
For CWIP, as of Sep 2024, the value is ₹228.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹189.00 Cr. (Mar 2024) to ₹228.00 Cr., marking an increase of 39.00 Cr..
For Investments, as of Sep 2024, the value is ₹258.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹255.00 Cr. (Mar 2024) to ₹258.00 Cr., marking an increase of 3.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹4,906.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹4,424.00 Cr. (Mar 2024) to ₹4,906.00 Cr., marking an increase of 482.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹8,881.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹8,368.00 Cr. (Mar 2024) to ₹8,881.00 Cr., marking an increase of 513.00 Cr..

Notably, the Reserves (₹5,474.00 Cr.) exceed the Borrowings (797.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	120	310	414	595	394	422	611	725	796	566	976	1,591
Cash from Investing Activity +	-203	-301	-184	-259	-308	-183	-379	-223	-457	-521	-600	-398
Cash from Financing Activity +	128	-52	-198	-368	-82	-200	-259	-479	-282	-78	-363	-1,069
Net Cash Flow	45	-43	32	-32	4	38	-27	22	57	-33	13	124

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-179.00	-193.00	-99.00	291.00	313.00	385.00	182.00	-766.00	-633.00	0.00	0.00	-752.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	47	48	47	47	46	49	40	41	55	44	43	42
Inventory Days	127	122	104	108	153	140	138	142	174	178	142	134
Days Payable	80	95	81	99	124	133	112	118	161	139	108	103
Cash Conversion Cycle	93	74	70	56	75	56	67	65	67	83	77	73
Working Capital Days	57	39	48	35	44	49	48	47	58	64	60	56
ROCE %	25%	24%	25%	30%	31%	29%	27%	28%	27%	26%	24%	28%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	74.99%	74.99%	74.99%	74.99%	74.99%	75.00%	75.00%	75.00%	75.00%	74.99%	74.99%	74.99%
FIIs	11.22%	11.30%	11.28%	11.03%	11.13%	11.11%	10.64%	10.83%	10.89%	10.68%	10.66%	7.51%
DIIs	3.91%	3.57%	3.41%	3.57%	3.16%	2.90%	3.47%	3.75%	4.06%	4.67%	5.17%	7.57%
Public	9.88%	10.14%	10.32%	10.41%	10.71%	10.98%	10.90%	10.42%	10.05%	9.65%	9.17%	9.93%
No. of Shareholders	2,60,652	3,16,113	3,53,821	3,84,669	4,04,957	4,29,053	4,28,448	3,93,970	3,99,714	3,92,656	3,71,411	4,24,374

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
UTI Flexi Cap Fund	5,806,522	1.43	352.28	192,593	2025-03-06	2914.92%
ICICI Prudential Nifty 100 Low Volatility 30 ETF	1,193,698	2.72	72.42	192,593	2025-03-06	519.8%
Nippon India ETF Nifty Next 50 Junior BeES	710,011	0.96	43.08	192,593	2025-03-06	268.66%
ICICI Prudential Nifty Next 50 Index Fund	665,097	0.96	40.35	192,593	2025-03-06	245.34%
UTI Nifty Next 50 Index Fund	533,649	0.96	32.38	192,593	2025-03-06	177.09%
UTI Unit Linked Insurance Plan (ULIP) - Fifteen Year Plan	499,220	0.57	30.29	192,593	2025-03-06	159.21%
UTI Unit Linked Insurance Plan (ULIP) - Ten Year Plan	499,220	0.57	30.29	192,593	2025-03-06	159.21%
SBI Nifty Next 50 ETF	352,383	0.96	21.38	192,593	2025-03-06	82.97%
UTI Nifty Next 50 Exchange Traded Fund	284,687	0.96	17.27	192,593	2025-03-06	47.82%
Bandhan Nifty100 Low Volatility 30 Index Fund	192,593	2.73	11.68	192,593	2025-03-06	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	10.02	8.86	8.58	7.41	6.76
Diluted EPS (Rs.)	10.02	8.86	8.57	7.41	6.75
Cash EPS (Rs.)	12.52	11.71	10.87	9.64	8.81
Book Value[Excl.RevalReserv]/Share (Rs.)	46.23	46.35	40.50	34.84	27.46
Book Value[Incl.RevalReserv]/Share (Rs.)	46.23	46.35	40.50	34.84	27.46
Revenue From Operations / Share (Rs.)	96.06	108.79	90.21	70.19	65.55
PBDIT / Share (Rs.)	16.51	15.84	14.37	12.76	11.63
PBIT / Share (Rs.)	13.67	13.12	12.04	10.59	9.66
PBT / Share (Rs.)	13.00	12.10	11.51	10.13	9.18
Net Profit / Share (Rs.)	9.68	8.99	8.54	7.47	6.84
NP After MI And SOA / Share (Rs.)	10.02	8.85	8.57	7.41	6.77
PBDIT Margin (%)	17.18	14.56	15.92	18.18	17.74
PBIT Margin (%)	14.23	12.06	13.34	15.08	14.74
PBT Margin (%)	13.53	11.12	12.76	14.43	14.00
Net Profit Margin (%)	10.07	8.26	9.46	10.63	10.43
NP After MI And SOA Margin (%)	10.42	8.13	9.50	10.55	10.33
Return on Networth / Equity (%)	21.70	19.12	21.20	21.31	24.72
Return on Capital Employeed (%)	26.54	25.53	26.80	26.56	29.34
Return On Assets (%)	13.95	10.78	11.54	12.15	13.41
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.05	0.09
Total Debt / Equity (X)	0.03	0.17	0.17	0.11	0.20
Asset Turnover Ratio (%)	1.37	1.30	1.23	1.17	1.31
Current Ratio (X)	1.83	1.40	1.42	1.71	1.52
Quick Ratio (X)	0.90	0.62	0.61	0.92	0.76
Inventory Turnover Ratio (X)	2.49	2.36	2.39	2.20	2.42
Dividend Payout Ratio (NP) (%)	26.62	35.03	32.65	4.04	56.10
Dividend Payout Ratio (CP) (%)	20.74	26.80	25.67	3.13	43.47
Earning Retention Ratio (%)	73.38	64.97	67.35	95.96	43.90
Cash Earning Retention Ratio (%)	79.26	73.20	74.33	96.87	56.53
Interest Coverage Ratio (X)	24.60	15.51	27.52	28.11	24.01
Interest Coverage Ratio (Post Tax) (X)	15.43	9.80	17.35	17.45	15.12
Enterprise Value (Cr.)	66553.67	57008.30	68333.72	74221.67	48630.56
EV / Net Operating Revenue (X)	5.94	5.39	7.80	10.89	7.64
EV / EBITDA (X)	34.57	37.05	48.96	59.88	43.05
MarketCap / Net Operating Revenue (X)	5.96	5.34	7.76	10.89	7.59
Retention Ratios (%)	73.37	64.96	67.34	95.95	43.89
Price / BV (X)	12.42	12.57	17.31	21.99	18.16
Price / Net Operating Revenue (X)	5.96	5.34	7.76	10.89	7.59
EarningsYield	0.01	0.01	0.01	0.01	0.01

After reviewing the key financial ratios for Berger Paints India Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 24, the value is 10.02. This value is within the healthy range. It has increased from 8.86 (Mar 23) to 10.02, marking an increase of 1.16.
For Diluted EPS (Rs.), as of Mar 24, the value is 10.02. This value is within the healthy range. It has increased from 8.86 (Mar 23) to 10.02, marking an increase of 1.16.
For Cash EPS (Rs.), as of Mar 24, the value is 12.52. This value is within the healthy range. It has increased from 11.71 (Mar 23) to 12.52, marking an increase of 0.81.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 46.23. It has decreased from 46.35 (Mar 23) to 46.23, marking a decrease of 0.12.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 46.23. It has decreased from 46.35 (Mar 23) to 46.23, marking a decrease of 0.12.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 96.06. It has decreased from 108.79 (Mar 23) to 96.06, marking a decrease of 12.73.
For PBDIT / Share (Rs.), as of Mar 24, the value is 16.51. This value is within the healthy range. It has increased from 15.84 (Mar 23) to 16.51, marking an increase of 0.67.
For PBIT / Share (Rs.), as of Mar 24, the value is 13.67. This value is within the healthy range. It has increased from 13.12 (Mar 23) to 13.67, marking an increase of 0.55.
For PBT / Share (Rs.), as of Mar 24, the value is 13.00. This value is within the healthy range. It has increased from 12.10 (Mar 23) to 13.00, marking an increase of 0.90.
For Net Profit / Share (Rs.), as of Mar 24, the value is 9.68. This value is within the healthy range. It has increased from 8.99 (Mar 23) to 9.68, marking an increase of 0.69.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 10.02. This value is within the healthy range. It has increased from 8.85 (Mar 23) to 10.02, marking an increase of 1.17.
For PBDIT Margin (%), as of Mar 24, the value is 17.18. This value is within the healthy range. It has increased from 14.56 (Mar 23) to 17.18, marking an increase of 2.62.
For PBIT Margin (%), as of Mar 24, the value is 14.23. This value is within the healthy range. It has increased from 12.06 (Mar 23) to 14.23, marking an increase of 2.17.
For PBT Margin (%), as of Mar 24, the value is 13.53. This value is within the healthy range. It has increased from 11.12 (Mar 23) to 13.53, marking an increase of 2.41.
For Net Profit Margin (%), as of Mar 24, the value is 10.07. This value exceeds the healthy maximum of 10. It has increased from 8.26 (Mar 23) to 10.07, marking an increase of 1.81.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 10.42. This value is within the healthy range. It has increased from 8.13 (Mar 23) to 10.42, marking an increase of 2.29.
For Return on Networth / Equity (%), as of Mar 24, the value is 21.70. This value is within the healthy range. It has increased from 19.12 (Mar 23) to 21.70, marking an increase of 2.58.
For Return on Capital Employeed (%), as of Mar 24, the value is 26.54. This value is within the healthy range. It has increased from 25.53 (Mar 23) to 26.54, marking an increase of 1.01.
For Return On Assets (%), as of Mar 24, the value is 13.95. This value is within the healthy range. It has increased from 10.78 (Mar 23) to 13.95, marking an increase of 3.17.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 24, the value is 0.03. This value is within the healthy range. It has decreased from 0.17 (Mar 23) to 0.03, marking a decrease of 0.14.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.37. It has increased from 1.30 (Mar 23) to 1.37, marking an increase of 0.07.
For Current Ratio (X), as of Mar 24, the value is 1.83. This value is within the healthy range. It has increased from 1.40 (Mar 23) to 1.83, marking an increase of 0.43.
For Quick Ratio (X), as of Mar 24, the value is 0.90. This value is below the healthy minimum of 1. It has increased from 0.62 (Mar 23) to 0.90, marking an increase of 0.28.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.49. This value is below the healthy minimum of 4. It has increased from 2.36 (Mar 23) to 2.49, marking an increase of 0.13.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 26.62. This value is within the healthy range. It has decreased from 35.03 (Mar 23) to 26.62, marking a decrease of 8.41.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 20.74. This value is within the healthy range. It has decreased from 26.80 (Mar 23) to 20.74, marking a decrease of 6.06.
For Earning Retention Ratio (%), as of Mar 24, the value is 73.38. This value exceeds the healthy maximum of 70. It has increased from 64.97 (Mar 23) to 73.38, marking an increase of 8.41.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 79.26. This value exceeds the healthy maximum of 70. It has increased from 73.20 (Mar 23) to 79.26, marking an increase of 6.06.
For Interest Coverage Ratio (X), as of Mar 24, the value is 24.60. This value is within the healthy range. It has increased from 15.51 (Mar 23) to 24.60, marking an increase of 9.09.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 15.43. This value is within the healthy range. It has increased from 9.80 (Mar 23) to 15.43, marking an increase of 5.63.
For Enterprise Value (Cr.), as of Mar 24, the value is 66,553.67. It has increased from 57,008.30 (Mar 23) to 66,553.67, marking an increase of 9,545.37.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 5.94. This value exceeds the healthy maximum of 3. It has increased from 5.39 (Mar 23) to 5.94, marking an increase of 0.55.
For EV / EBITDA (X), as of Mar 24, the value is 34.57. This value exceeds the healthy maximum of 15. It has decreased from 37.05 (Mar 23) to 34.57, marking a decrease of 2.48.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 5.96. This value exceeds the healthy maximum of 3. It has increased from 5.34 (Mar 23) to 5.96, marking an increase of 0.62.
For Retention Ratios (%), as of Mar 24, the value is 73.37. This value exceeds the healthy maximum of 70. It has increased from 64.96 (Mar 23) to 73.37, marking an increase of 8.41.
For Price / BV (X), as of Mar 24, the value is 12.42. This value exceeds the healthy maximum of 3. It has decreased from 12.57 (Mar 23) to 12.42, marking a decrease of 0.15.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 5.96. This value exceeds the healthy maximum of 3. It has increased from 5.34 (Mar 23) to 5.96, marking an increase of 0.62.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Berger Paints India Ltd as of March 10, 2025 is: ₹473.39

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 10, 2025, Berger Paints India Ltd is Overvalued by 7.00% compared to the current share price 509.00

Intrinsic Value of Berger Paints India Ltd as of March 10, 2025 is: 519.07

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 10, 2025, Berger Paints India Ltd is Undervalued by 1.98% compared to the current share price 509.00

Last 5 Year EPS CAGR: 9.65%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 27.00%, which is a positive sign. The company has higher reserves (2,744.08 cr) compared to borrowings (682.54 cr), indicating strong financial stability. The company has shown consistent growth in sales (6.23 cr) and profit (435.38 cr) over the years.	The stock has a high average Working Capital Days of 50.42, which may not be favorable. The stock has a high average Cash Conversion Cycle of 71.33, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Berger Paints India Ltd:
1. Net Profit Margin: 10.07%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 26.54% (Industry Average ROCE: 26.75%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 21.7% (Industry Average ROE: 23.02%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 15.43
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.9
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 52.1 (Industry average Stock P/E: 39.6)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.03
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

No data availabale for About the Company

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the latest intrinsic value of Berger Paints India Ltd?

The latest intrinsic value of Berger Paints India Ltd as on 09 March 2025 is ₹473.39, which is 7.00% lower than the current market price of 509.00, indicating the stock is overvalued by 7.00%. The intrinsic value of Berger Paints India Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹59,385 Cr. and recorded a high/low of ₹630/438 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹5,474 Cr and total liabilities of ₹8,881 Cr.

What is the Market Cap of Berger Paints India Ltd?

The Market Cap of Berger Paints India Ltd is 59,385 Cr..

What is the current Stock Price of Berger Paints India Ltd as on 09 March 2025?

The current stock price of Berger Paints India Ltd as on 09 March 2025 is ₹509.

What is the High / Low of Berger Paints India Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Berger Paints India Ltd stocks is ₹630/438.

What is the Stock P/E of Berger Paints India Ltd?

The Stock P/E of Berger Paints India Ltd is 52.1.

What is the Book Value of Berger Paints India Ltd?

The Book Value of Berger Paints India Ltd is 48.0.

What is the Dividend Yield of Berger Paints India Ltd?

The Dividend Yield of Berger Paints India Ltd is 0.69 %.

What is the ROCE of Berger Paints India Ltd?

The ROCE of Berger Paints India Ltd is 27.5 %.

What is the ROE of Berger Paints India Ltd?

The ROE of Berger Paints India Ltd is 23.5 %.

What is the Face Value of Berger Paints India Ltd?

The Face Value of Berger Paints India Ltd is 1.00.